Why It's the Best Time Ever to Buy an EV
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Automakers and car dealerships are improving promotions and deals on electric vehicles due to a lack of consumer demand, making it arguably the best time ever to buy an EV.
The average discount on fully electric vehicles was about $2,600 in October, a big swing from a year ago when EV buyers in the U.S. were paying an average of more than $1,000 above the sticker price, according to Edmunds.
What's more, the end of the year is usually the best time to find deals on new cars in general as dealerships try to clear out their inventory, and automakers are ramping up holiday promotions on EVs like 0% APR financing offers to try to bolster sluggish sales.
EV deals keep getting better
Thanks to the EV tax credit, price discounts and incentives like cash rebates, Americans can get new EVs for thousands of dollars less than the sticker.
