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Used Electric Vehicle Prices Plummet Below Average Gas Car Prices

Issue #216

02 Jul

In this Knoxville Insider Issue…

🌤️ Knoxville Weather - Partly Cloudy with a High of 91

📰 Are the Mountains of Appalachia Haunted (part 2)

🗓️ Upcoming Events

🗓️ Make Your Voice Heard: Vote in the August 1 Primary Elections

🏡 Real Estate Section

📣 We Want to Spotlight Your Business! Apply Here

✅ Advertising Opportunities
 

Used EV Prices Plummet Below Average Gas Car Prices

In a significant market shift, used EV prices fell below the average prices of used gas cars and have continued to decline rapidly. According to the latest study by iSeeCars, this trend shows no sign of stopping, marking a dramatic change in the landscape of the used car market. The iSeeCars study, which analyzed over 2.2 million 1- to 5-year-old used cars sold in May 2023 and 2024, revealed some striking insights:

Significant Price Decline for EVs: The average used EV price has dropped by a staggering 29.5 percent year-over-year. This contrasts sharply with the average used gas car price, which has only decreased by 6.1 percent over the same period. The average used gas car price has remained relatively stable, shifting by approximately $400 over the same four-month period.

Increased Accessibility: The lower prices for used EVs may make them more accessible to a broader range of consumers. The rapid depreciation of used EVs compared to gas cars could influence the strategies of car manufacturers and dealers, affecting supply and pricing models.

Consumer Decision-Making: Prospective car buyers might reconsider their options, weighing the benefits of owning a used EV, especially given their now more affordable pricing compared to traditional gas vehicles.

The plummet in used EV prices below the average prices of used gas cars highlights a significant trend in the automotive market.The ongoing changes underscore the need for both consumers and industry stakeholders to stay informed and adaptable in this evolving market landscape. More Info

Are the Mountains of Appalachia Haunted (part 2)

The Cherokee Devil, also known as the Slant-Eyed Giant, is a legendary figure deeply rooted in Cherokee mythology. Revered and feared, this enigmatic being is frequently invoked in hunting rites and rituals, adding a mystical dimension to the traditions of the Cherokee people.

The Cherokee Devil is described as a powerful and otherworldly entity capable of reading people’s thoughts and even controlling their minds at will. His influence over the human mind makes him a formidable figure in Cherokee lore.

According to the legend, the Cherokee Devil once fell in love with a Cherokee woman. Captivated by her beauty and spirit, he married her and took her to his mountain home, believed to be located in the rugged terrain of western North Carolina and eastern Tennessee.

Numerous sightings of the Cherokee Devil have been reported over the years. Witnesses often describe an imposing figure with slanted eyes and an aura of uncanny power. In addition to personal encounters, multiple farmers in the region have discovered animals killed in a manner that defies explanation. These animals bear unusual markings, and large footprints are often found surrounding the sites of these mysterious deaths. The size and shape of these footprints suggest a creature far larger than any known wildlife in the area, further fueling the legend.

The legend of the Cherokee Devil continues to captivate and intrigue those fascinated by folklore and mythology. His ability to read and control minds, his mysterious marriage, and the eerie evidence left behind in the form of strange animal deaths and large footprints all contribute to his enduring legacy.

Do you have a story of a haunting or creature sighting? Share it here

Have an event to add? Let us know! [email protected]

Community:

Poetry as Narrative Workshop: July 3rd from 6pm - 8pm at The Kraken’s Cup.  Indulge in some tea and treats as you sharpen your writing abilities! Benefit from the expertise of our exceptional UT instructors. Writers at any skill level and experience welcome. More Info

The East Tennessee Reentry Collaborative: will be hosting a One Stop Reentry Shop for all justice involved on July 11 from 1:00pm-3:00 pm at the American Job Center, 2700 Middlebrook Pk!  You do not have to be justice involved to attend! More info call 865-456-1095

Howard Pinkston Library Used Book Sale: on Saturday, July 13th from 10am - 5pm, 7732 Martin Mill Pike

Used Book Sale at Hi-Wire Brewing: on Thursday, July 18th - Wednesday, July 24th during business hours, 2020 Barber Street

Ask a Master Gardener: Ask plant and garden questions at the Norwood Library, 1110 Merchant Dr. on Saturday, July 20th, from 10am - noon. KCMG public calendar.

Learn How to Play the Bridge Card Game: Recurring on Tuesdays starting on July 23rd from 6pm - 8:30pm at the Knoxville Bridge Center, 7400 Deane Hill Drive. Register. Questions: contact Maggie Hughes at (865) 680-7364 or [email protected]

Classic Movie at the Tennessee Theatre:
The Lion King and The Matrix are showing on Saturday, July 27th, Star Wars - The Return of the Jedi and Thelma and Louise are showing on Saturday, August 10th, Harry Potter and the Sorcerer’s Stone and Jurassic Park are showing on Saturday, August 24th, More Info

Knoxville Community Band Concert: July 28th at Bearden Middle School at 3pm. No admission charge!

Farragut Library Used Book Sale: on Friday-Saturday, August 9th-10th from 10am - 5pm, 417 N Campbell Station Rd

Used Book Sale at East TN History Center: on Saturday, August 17th from 10am - 5pm during the History Hootenanny, 601 S Gay St

Game Night at Fountain City Social: happening Every Monday from 6pm-8pm at 4842 Harvest Mill Way, everyone welcome, current players range from their mid 20's up into their 60's, only requirement is a sense of humor

Support Knox County Mobile Meals at their Power of the Purse event! We are currently collecting new and gently used purses & jewelry for the event. Drop off donations at: Southern Market on Homberg; Chico’s at Turkey Creek; Mac’s Pharmacy on South Peters; and Lulu’s Tea Room in Powell. The event is September 12 at Rothchilds. Tickets go on sale July 15. More Info

A Meet (& Greet) Cute Author Signing Event: Hosted by Knox Bookish Babes on September 14 from 1pm - 6pm at Jubilee Banquet Facility. Join Knox Bookish Babes for the hottest book signing event in Knoxville, TN — A Meet (& Greet) Cute!! An exclusive event featuring a few favorite authors and local vendors. More Info

Food:

Say Cheese! Tea and Cheese Pairing Event: July 10th from 6pm - 8pm at The Kraken’s Cup. The ticket includes a selection of teas, worksheets, and a handpicked assortment of cheese and snacks from the Euphoric Cheese Shop in W Knoxville. More Info

Bourbon 101: on the Tennessee Riverboat - July 18, boarding at 6pm and finishing at 9pm. This class is an interactive 1.5 hour presentation on the history and virtues of Bourbon. A buffet to compliment the Bourbons will be provided. More Info 

Tea Flights: offered Monday - Thursday at The Spice and Tea Exchange. Limited to 4 people per group at $8.99/person. Call the store for more information 865-985-0913

Market Square Farmers Market: happening Every Wednesday, now through November 20th from 10am – 1pm & Every Saturday, now through November 23rd from 9am – 1pm, More Info

New Harvest Farmers Market: happening Every Thursday, now through September 26th from 3pm - 6pm, 4775 New Harvest Lane, More Info

Traditional Cuban Cooking Class: offered on July 16th at 7pm at The Spice & Tea Exchange. Cost is $75/person (+tax). You will learn how to make fired plantains, a main course of ropa bieja (shredded beef dish). For more information call the store at 865-985-0913 or email [email protected].

Music:

Grooves in the Garden: Knoxville’s best outdoor music festival in jazz, R&B and soul. This is an adult only event with live music, a DJ, food trucks and a cash bar. Hosted by Knoxville Botanical Garden on July 20 5pm - 10pm More Info

Hillbilly Thomists and Fiddling Leona: at the Bijou theatre on Saturday, August 3rd. Enjoy some of your bluegrass favorites as well as Feona’s fresh take on fiddling! Tickets are on sale now! Partial proceeds benefit the Chesterton Academy, a local classical model high school, More Info/Tickets

Networking:

Motley Crew Community Luncheon hosted by Hubert Smith: Every month on the first Friday at Crowne Plaza Knoxville.  This is a public event. All are welcome. No RSVP. No speakers! No politics! Lots of fun, food, and fellowship! Doors open at 11:00 am & buffet opens at 11:30 am. We're out close to 1:30 pm. Free parking in hotel garage. Lunch buffet is approximately $17. First time? Come in lobby from parking garage, turn left, take elevator to M level, turn right. Only pay for your lunch and a tip for the server. We also give out door prizes. More Info call Cheryl 865-456-1095

Jamageddon: hosted by Alex  Pulsipher. 2nd Saturday of every month at Sustainable Future Center, 201 Ogle Ave from 5 - 10 pm. Open to artists, dancers, burners, fire performers, people with kids, aerialists, flow artists, drummers, and musicians!  Jam open to all with a 7pm potluck dinner break.  He will bring some sort of meat (likely a pork shoulder) and some corn tortillas so y’all bring some veggies or whatever.  Also bring your own plate and utensils! Would love for you to come get groovy with us!  We’ve got a nice Indoors space if it’s raining or chilly.  More Info call Cheryl 865-456-1095

Emotionally Sobriety: Each Thursday at 5pm (except July 4) at The Kraken’s Cup. The Kracken’s Cup has partnered with Sober in Knoxville to create a safe and accepting environment for their N Knoxville meetups. Emotional sobriety is being comfortably present with all your feelings without any one of them defining or controlling you. This community is for everyone who has a desire to improve their relationship with themselves and the world around them. Questions? Email [email protected].

Veterans:

Free Veteran’s Breakfast: The United Veterans Council of East Tennessee presents 13 free breakfasts for Veterans and guests on four Saturdays, monthly, Coffee line starts at 8am, Chow line starts at 8:30am. Locations and Dates

July 4th Events (recap)!

Festival on the 4th: Kick off your Independence Day festivities with the Festival on the 4th at the Worlds Fair Park, a free, family-friendly event packed with activities for all ages. Starting at 5 p.m. and running until approximately 10 p.m

VIP Party at the Sunsphere: on July 4, 8pm - 10pm. Experience a private viewing of the city's spectacular fireworks show in an exclusive setting. Tickets are $75 per person and can be purchased here.

Gatlinburg's Midnight Parade; Prepare to stay up late for a one-of-a-kind experience! For the 49th consecutive year, Gatlinburg will host its iconic parade at midnight on July 4th (the night of July 3rd).

Museum of Appalachia's Old-Fashioned Anvil Shoot: If you're looking for something truly unique, head to the Museum of Appalachia for an old-fashioned anvil shoot. Instead of fireworks, the museum uses gunpowder to launch 200-pound anvils hundreds of feet into the air.

Westward Celebrations on Kingston Pike: Check out the parade in Farragut on Kingston Pike at Stadium Drive. Starting at 9:30 am.

West High School Class of 1974 - 50th Reunion

Saturday August 24th at The Foundry, 747 World's Fair Park Drive, at 6pm, For more information contact [email protected].

Knoxville Real Estate Insider

Do you have specific real estate questions you'd like answered? Submit a Question. A realtor will have an answer for you in the next issue of the Knoxville Real Estate Insider.

Are you a local realtor selling a home or property? Do you have an upcoming open house? Let us know at [email protected] or (865) 234-2421! We can include them here.

Make Your Voice Heard: Vote in the August 1 Primary Elections

The primary elections for the U.S. House of Representatives, Tennessee Senate, and Tennessee House of Representatives will take place on Thursday, August 1st. Voters will choose their preferred candidates for the Republican and Democratic parties in these races, with the general election scheduled for November. Additionally, several Knox County elections will be decided through a general election on the same day.

To participate, ensure you're registered to vote by Tuesday, July 2nd. For registration details, visit sos.tn.gov/elections.

We Want To Spotlight Local Businesses!

Would you like us to spotlight your local business in front of thousands of Knoxville area residents in an upcoming issue of Knoxville Insider? Apply Here. Not a business owner, but love a local business? Tell us all about it - send us an email at [email protected]!

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