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Top related persons:
Rebecca Lindland - 2 EVs - 1 Carvana - 1 wasn’t - 1 Price - 1 Cars.com - 1 Truecar - 1 “ - 1
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Cars.com - 2 CNN — - 1 EV - 1 TrueCar - 1 Cox Automotive - 1 Cox - 1 Chevrolet - 1 Hyundai - 1

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2 mentions found


☆ While new electric vehicle sales are slowing, used sales are ramping up
  + stars: | 2024-06-04 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +7 min
CNN —Sales of new electric vehicles have started to slow, but the opposite is happening with used EVs. The used car sales website Carvana saw its used EV sales more than double since last year. While increases in used EV sales are huge, they still make up a small portion of overall used vehicle sales. Used EVs still cost more, on average, than used gas-powered vehicles, but they cost a lot less than new EVs. While prices for new EVs average around $63,000, prices for used ones average around $36,000, according to Cars.com.
Persons: EVs, Carvana, wasn’t, Price, Cars.com, Truecar, “, who’ve, ”, Matt Jones, ” Manheim, “ We’ve, it’s, Grace Huang, we’ve, Tesla, Jones, Rebecca Lindland, Courtney Vaughn, “ I’m, Lindland Organizations: CNN —, EV, TrueCar, Cox Automotive, Cox, Cars.com, Chevrolet, Hyundai, Hyundai Kona EV, US Department of Locations: Georgia, New York, California, ”
☆ Cars are one of the few purchases Gen Z is reluctant to make online. Here's why that can be smart
  + stars: | 2024-01-17 | by ( Ana Teresa Solá | ) www.cnbc.com   time to read: +1 min
Growing up in the age of the internet and technology, online shopping is second nature for Gen Zers. One-third, 32%, of Gen Z consumers shop online at least once a day, according to data from marketing firm Tinuiti. Yet, 80% of Gen Z drivers prefer to shop for a car in person. Only 9% prefer to do so online, according to a recent report by Cars.com, which defines Gen Z adults as those between ages 18 and 28. Baby boomers were the only generation more likely than Gen Z to purchase a car in person, with 89%, while millennials were the most likely to prefer buying online, with 16%.
Persons: Zers, Rebecca Lindland, boomers, millennials, Paul Waatti Organizations: Cars.com, Finance
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