TECH Signal 85
Used EV Prices are Now Going Up in America
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This price appreciation contradicts historical EV depreciation patterns and defies normal supply-demand dynamics, suggesting a meaningful shift in consumer demand. Engineers and operators in automotive, energy, and fleet management should note that demand is migrating from new to used EVs, which affects procurement strategy and total-cost-of-ownership modeling.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Twenty-one of the 25 highest-volume used EV models saw price increases between January and June, indicating broad-based demand rather than isolated model-specific trends.
High gasoline prices from the Iran war and persistent inflation above 2% are pushing consumers toward used EVs as a more affordable fuel-efficient option.
Used EV sales were up 20% in June year-over-year while new EV sales fell approximately 28%, with used EVs holding a 2.4% market share versus 5.4% for new EVs.
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