Greener Living

Used EVS Under $25,000 Propel Sales Even as New Models Languish

Buyers seeking affordable cars are finding luck in the pre-owned EV market  — and many are just a few years old.

New and used vehicles for sale at a GMC Chevrolet dealership in El Centro, California.

Photographer: Eric Thayer/Bloomberg

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.

Almost 89,000 used EVs changed hands in the last three months of 2025, up 13.5% from a year earlier, according to Cox Automotive. What’s more, the inventory of used electric machines is turning over in about 50 days, slightly faster than for gas-powered cars. By contrast, sales of new EVs fell 36% in the fourth quarter of last year.