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flag EV pre-registrations surge challenges used car market, leading to a shortage of quality used vehicles.

flag The Vehicle Remarketing Association (VRA) warns that the surge in electric vehicle (EV) pre-registrations is challenging the used car market. flag Manufacturers are heavily incentivizing new EV purchases, making pre-registered EVs harder to sell quickly. flag This has led to a shortage of good quality used cars, especially three to five-year-old vehicles, which are now selling faster and at higher prices.

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