Electric Car Drivers “Being Plunged into Negative Equity” as Prices Collapse

Oct 17th 2024 5:06am EDT

Collapsing electric vehicle prices are leaving a growing number of drivers in negative equity, a top dealership chain has warned. The Telegraph has more. Vertu Motors said on Wednesday that car retailers were coming under pressure as EVs coming off financing agreements were found to be worth less than the loan they are attached to. […]

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