Stop Treating EVs Like Gas Cars. They’re Not.

Dealers, here’s the hard truth: Electric vehicles (EVs) are not just gas cars with batteries.

Yet most appraisal processes and legacy wholesale actions still treat them like they are.

Mileage, make, and model might tell you the story of an internal combustion engine (ICE) car. However, those same details for an electric vehicle barely scratch the surface. Battery degradation, software version, range, over-the-air updates, and charging access, are the factors that define an EV’s real value.

Without access to this data, you’re pricing the asset blind. That’s why dealers hesitate to accept EV trade-ins or successfully move used EVs through traditional auctions. There’s too much risk and not enough information.

Plug was built to change that. Our platform was developed specifically for EVs. We use manufacturer APIs, onboard diagnostics, and EV-specific data to give dealers the transparency they need to price accurately and move quickly.

And here’s the thing, EV buyers expect this. They’re digitally savvy, data-driven, and often more informed than the selling dealer. If listings don’t include critical details like software packages or charging compatibility, potential buyers don’t bid.

Even with the growing population of EVs, legacy auctions are not investing in upgrades to their platform to support these assets.  This is the reason Plug was built.

We’re not retrofitting gas-car logic to the EV world. Plug logic is based on how EVs are designed and which features determine their value.

Want to confidently move EV trade-ins?  Use the trusted EV-only wholesale partner, Plug.