Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Used EV s are hot market. The price erosion is only 2 5 % less than full retail and used lot dealers are making strong
Used EVs are hot market. The price erosion is only less than full retail and used lot
dealers are making strong profits. Demand for EVs approach of production with long
waiting periods; used cars are a way to get a vehicle sooner.
This year, there are over models of EVs being released with production climbing for the
foreseeable future and the price is dropping.
Used dealers continue paying a premium for an EV What risk are they taking on
a Programmatic
b Financial
c Market
d Technology
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started