Photo Credit:Fair Use [17 U.S.C. § 107] MS Copilot generated image of two most popular used EVs.

2026 Will Be The 'Year Of The Used EV,' Analyst Says. Here's Why

04 Oct 2025 | Abstracted from CNBC

Used EV prices are nearing parity with gas cars, boosting demand despite the end of federal tax credits. Analysts predict 2026 will be the “year of the used EV,” driven by affordability and a surge in lease returns. In August, used EV sales rose 59% year-over-year. Some models, like the Nissan Leaf and Chevy Bolt, are priced under $15,000. State incentives and lower battery costs continue to support the market.

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