The Market for Used EVs 'Is so Hot' Right Now

The market for used EVs 'is so hot' right now

Sales of used electric vehicles continued their surge in July, jumping 7.7 percent from June and 10.1 percent compared to last year, according to data Cox Automotive released today. New EVs, in contrast, saw only modest 3.2 percent month-over-month growth and were down 41.5 percent from 2025.  “The used market is so hot,” Scott Case, CEO of Recurrent, a company that provides data about EVs, told Grist. Dealers he talks to say fuel costs are a ke…

Used electric vehicle values holding firm

Used electric vehicle values are expected to continue outperforming the wider market through August, according to Solera cap hpi. However, it predicts their advantage will start to narrow in the […] The post Used electric vehicle values holding firm first appeared on Bodyshop Magazine.

Independent dealer-linked used EV value boom forecast to tail off

Used EV values are expected to continue outperforming the wider second-hand market for the rest of August, before this advantage reduces over the coming months.

Used EV values outperform market says cap hpi

BEVs have recorded a marked improvement in performance compared with earlier this year, supported by strong demand and growing interest from independent dealers. Used BEV values fell by just 0.2% month-on-month in July at the three-year, 60,000-mile benchmark, making electric the second-best-performing fuel type behind hybrid, which increased by 0.3%. The BEV result was 0.6 percentage points better than the rest of the used market, with the rema…