Used EV Resale Trends and Affordability: Professor Helveston Provides Insight


February 19, 2025

Professor John Helveston

In the article “New study reveals surprising trend in the used EV market – here’s what you need to know before selling,” The Cool Down explores trends in used electric vehicle (EV) depreciation, citing a study led by GW Engineering researchers. The article highlights findings that newer EV models are retaining value better than expected, with insight from the study’s corresponding author, assistant professor of engineering management and systems engineering John Paul Helveston, on how this may impact future affordability.

Here is an excerpt from the article: “While a higher resale value in future is better for new car buyers, it also means the end of lower cost used electric vehicles, which was an important source of affordable electric vehicles,” said Helveston, also noting that the new $4,000 subsidy for used electric vehicles provided by the Inflation Reduction Act could provide some relief.”

Read the full article on The Cool Down.