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Used EV sales are surging — how their ownership costs compare to gas-powered cars

CNBC · May 3, 2026, 1:30 PM

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  • Consumers shopping used-car lots may notice that electric vehicles are increasingly sporting more affordable price tags.
  • The share of EVs accounting for lease returns is expected to jump to 8% in 2026, up from 2% in 2025, according to Edmunds data.

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Consumers shopping used-car lots may notice that electric vehicles are increasingly sporting more affordable price tags.

Even as purchases of new electric vehicles have faltered, used EV sales jumped 27.7% in March from a year earlier and were 53.9% higher than in February, according to the latest EV Monitor from Cox Automotive, a services and software company for the automotive industry.

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