Used EV sales charge up on high gas prices, even as new EV demand declines

As gas prices soared in California last month, Irvine resident Marc Tan realized his Mercedes SUV was getting too expensive to refuel. He decided to save money at the pump and purchased a used Tesla last month. “I had to trade in my SUV, “ said Tan, who works as a nurse. “It was just too expensive.” Tan has bought two electric vehicles this year to avoid relying on gas while driving his kids to school and activities. As the war in Iran squeezes the global oil supply, fuel prices have increased sharply across the U.S. Average prices in California…