Used EVs Under $25,000 Propel Sales Even As New Models Languish

17 Feb 2026 | Abstracted from Detroit News

In the U.S. market, used EVs under $25k are driving growth as new‑EV demand weakens. Q4 2025 saw 89,000 used EV sales, up 13.5%, with inventory turning in about 50 days. Tesla Model 3 and Model Y dominate thanks to lease returns and steep depreciation, while Chevy Bolt, Nissan Leaf, and Hyundai Kona Electric add volume. New‑EV sales fell 36% as buyers prioritize affordability.

ADDITIONAL RELATED NEWS LINKS

• Used EVs Break Records While Sales of New EVs Plummet


• Gas Prices Are Going Up. What Will It Mean For Electric Vehicles?


• Electric Vehicles Had A Bumpy Road In 2025 - And One Pleasant Surprise


• The Pros and Cons of Buying a Used EV


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


• Is a Used EV the Best First Car for Teens?


• Dead EV Batteries Are Hoarding a Shocking Amount of Useful Lithium


• Average Used EV Costs Less Than Used Gas-Powered Vehicle, Study Says


• How To Verify A Used EV's Battery Health Before Buying It


• The Next Wave Of EV Adoption Is Coming As Leases Roll Off