Artwork for podcast The EVs for Everyone Podcast
Ep. 286: The Collapse of the $10–20K Used Car and What The Industry Is Doing To Save It
Episode 28622nd September 2026 • The EVs for Everyone Podcast • Elena Ciccotelli
00:00:00 00:14:06

Share Episode

Shownotes

If you’ve tried to buy a cheap used car lately and ended up wondering if you’d accidentally clicked “private jet...” this one's for you. Today I’m joined by DriveItAway’s CEO John Possumato and Voyager Global Mobility’s Director of Remarketing, Ray Maldonado, to talk about how shrinking used car inventory is squeezing both dealers and consumers and what’s actually being done about it. We get into Voyager and DriveItAway’s new rent to own and direct to dealer programs, how cutting $1,200+ in wholesale friction can suddenly make 80–90K-mile units truly affordable for credit challenged buyers, and why consignment is a lifeline for independents constrained by floorplan limits. Then we zoom in on used EVs: why mileage matters less than on a gas unit, how high mileage EVs can be incredible value if you know how to evaluate them, and why this is central to true transportation enablement for working families. This isn’t just a Carvana play but a blueprint any dealer can execute. “You now have the knowledge!” Live long and prosper. 🖖

______________________________

Automotive News article featuring John Possumato: Guest commentary: Carvana’s convenience play shows what dealers are up against

_______________________________

Come see us live at Used Car Week!

Wed Nov 18, 2:00 PM - 2:30 PM PST

Vehicle Lifecycle 2.0: From Sale to Stream

Register to attend Used Car Week here

_______________________________

Connect with John Possumato on LinkedIn

Connect with Ray Maldonado on LinkedIn

_______________________________

Learn more about Voyager Global Mobility

Learn more about DriveItAway

_______________________________

Connect with Elena:

https://evs4everyone.com/

https://www.linkedin.com/in/elenaciccotelli/

Let's talk on X:

https://twitter.com/EVs_forEveryone

Are you connected with the show on LinkedIn?

https://www.linkedin.com/company/the-evs-for-everyone-podcast/

________________________

Links

Chapters

Video

More from YouTube