Archive · 27 Sep 2025
Used EVs Are Selling Fast, Often Cheaper Than Gas Cars
Used electric cars are becoming a popular choice for buyers.
Many electric vehicles are coming off of three-year leases, increasing the supply of used EVs.
These cars are now priced similarly to used gas-powered cars.
Used EVs are selling faster, with lower prices making them an appealing option.
Electric vehicles offer potential savings on maintenance and may prove more reliable over time.
As more people adopt used EVs, the market is expected to continue growing.
This trend allows people to experience the modern features of these cars, often at a more affordable price point.
Depreciation rates are leveling out, making them a smart buy.
Used EVs are selling faster than used gas-powered vehicles in the US.
Prices of used EVs have decreased, making them comparable to used gas cars.
Sales of used EVs have increased significantly this year.
More used EVs are entering the market as three-year leases expire.
Used EVs may prove to be more reliable due to their simpler design.
- Who
- Consumers and car dealers are driving the trend.
- What
- Used electric vehicles are selling faster than used gas cars in America.
- When
- The trend is happening now and expected to continue.
- Where
- Across the United States.
- Why
- Lower prices, expiring leases, and improved consumer trust are fueling demand.
- Used EV Sales Growth (YOY)
- 34% (through June)
- Average Used EV Price (August)
- $34,700
- Average Used Car Age
- 6-7 years
- Average Used EV Age
- 2-3 years
- Time to Sell Used EVs
- 36 days
- Upcoming EV Lease Expirations
- 240,000 next year