Rising demand for cheaper, off-lease EVs drove wholesale values higher and led dealers to push incentives on new EVs in May. With the expiration of the EV tax credit and some 298,000 off-lease EVs returning to market this year, Navy Federal Credit Union is aiming to capitalize on the used market and offer competitive terms, Vice President of Consumer Lending Operations Kevin Wince told Auto Finance News. “For EVs, it’s a really interesting time […]
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