WIRED
America’s Hybrid Hype Has Hit the Used Market
Demand is so high that some used cars are selling for more than new ones.
Via WIRED
·Excerpt
Some used vehicles are listing for $3,000 to $6,000 above brand-new dealership prices, according to new data from the online automotive marketplace CarGurus. The months-old cars are aging like fine wine.
The crossover SUV—one of the top-selling in the US—went all-hybrid last year, after Toyota announced it would drop the gas-powered model from its lineup. That’s likely why we’re catching a glimpse of an economic Upside Down. Kevin Roberts, director of economic and market intelligence at CarGurus, says the situation…
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