Used electric vehicle prices surge over 6% as oil crisis intensifies

Used electric vehicle prices surged in Australia as an oil crisis heightened interest in EVs. Stock of secondhand EVs is running low, with prices for models like Tesla's Model Y increasing over 6% in late March. Demand for rentals has also soared, with a 70% rise in bookings compared to last year, reflecting a shift in consumer preferences.

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Summary by Glance · Original reporting by The Guardian Australia