Used EV sales jumped 13.5% in late 2025 as federal incentives for new vehicles ended, with nearly 40% selling for under $25,000 due to steep depreciation.

Traffic may have dried up at EV dealerships after the end of federal purchase incentives, but sales of used electric cars and trucks have only accelerated.

Although experts anticipate more inventory reaching the used car market, increased supply may not translate into meaningful relief from elevated prices.