As Used-Car Prices Have Hit Wall amid Signs of Buyers’ Strike, Used EV Prices Spike amid Huge Demand and Little Supply

Used vehicle retail prices skyrocketed from August 2020 through December 2021. The “average listing price,” tracked by Cox Automotive, was up by a mind-blowing 41% over that 17-month period. The Consumer Price Index for used vehicles, which is seasonally adjusted, maxed out a month later, in January 2022...