Hybrid valuations beat EV and gas vehicles at online auction platform ACV
ACV booth at NADA Show 2022 in Las Vegas. Photo by Nick Zulovich.
Friday, Jan. 20, 2023, 02:51 PM
Alysha Webb, Correspondent
When gas prices shot up in the first half of 2022, so did demand for used electric vehicles. Their auction values rose accordingly. Used hybrid values also rose as demand for less gas-hungry vehicles surged. When gas prices began to ease, EV values at auction also softened, George Chamoun, CEO of online auction ACV, tells […]