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Experts Say EVs Are Doing Something Shocking in the Resale Market
03 Aug 2026 | Abstracted from Yahoo
Used EV values are surprisingly appreciating, bucking traditional depreciation trends. While new EV sales have slowed, used EV demand has surged roughly 20% year-over-year, with prices rising across most top-selling models. This shift is driven by rising fuel costs, data proving better-than-expected battery longevity, and attractive pricing on 2- to 4-year-old off-lease vehicles that make second-hand EVs far more accessible to budget-conscious buyers.
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