It’s the same here in the UK, 2nd hand cars are way bid.
two reasons I hear…one is the shortage of chips, so few new cars available, still and 2nd is no one is buying new cars because of being forced to buy electric soon, so scared that values will plummet, much better to buy a decent used car and run that into the ground and hope politicians see sense.
When us have winters like u get in the US, EV’s are a sick joke…if they don’t burn u to death, they will freeze u to death, when u get stuck out in one.