{"id":720142,"date":"2026-04-07T00:20:12","date_gmt":"2026-04-06T21:20:12","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/gas-prices-arent-the-only-factor-fueling-used-ev-sales\/"},"modified":"2026-04-07T00:20:12","modified_gmt":"2026-04-06T21:20:12","slug":"gas-prices-arent-the-only-factor-fueling-used-ev-sales","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gas-prices-arent-the-only-factor-fueling-used-ev-sales\/","title":{"rendered":"Gas prices aren&#8217;t the only factor fueling used EV sales"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">The most recent electric vehicles sales data provided a grim picture \u2014 at least for new EVs. Sales of new electric vehicles took a beating in the first quarter, falling some 28% year-over-year after the Trump administration axed the $7,500 consumer tax credit, <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.coxautoinc.com\/wp-content\/uploads\/2026\/03\/Cox-Automotive-Q1-2026-Industry-Insights-and-Sales-Forecast-Call-Presentation-March-2026.pdf\">according to Cox Automotive<\/a>. <\/p>\n<p class=\"wp-block-paragraph\">Used EVs are moving in the opposite direction. And a couple of accelerants have combined to supercharge those sales.<\/p>\n<p class=\"wp-block-paragraph\">First-quarter used EV sales increase 12% compared with the same quarter last year, according to that same Cox Automotive report. There\u2019s a bit of momentum over a shorter term too; used EV sales popped 17% between the fourth and first quarters. <\/p>\n<p class=\"wp-block-paragraph\">The rising cost of gas \u2014 the average price is above $4 a gallon \u2014  has helped spur interest and sales of electric vehicles. But there\u2019s another factor at play here as  consumers seek out affordable options: an abundance of expiring leases, the <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.ft.com\/content\/5436f549-52da-4d6d-85ba-955203f5c2f2?syn-25a6b1a6=1\">Financial Times reported<\/a>. EV leases were a popular choice in the early 2020s and now that they\u2019ve expired, hundreds of thousands of pre-owned EVs are entering the marketplace. And consumers are ready for them. <\/p>\n<p class=\"wp-block-paragraph\">By the end of the year, EVs will account for 15% of all off-lease vehicles, double from 7.7% in the first quarter, the FT reported. <\/p>\n<p class=\"wp-block-paragraph\">The ol\u2019 economic principle of supply-and-demand remained steadfast; the surge of pre-owned vehicles helped push prices lower, giving those sales a further boost. That\u2019s led to price parity \u2014 or close to it \u2014 with internal combustion vehicles. According to Cox Automotive, the average price of a used EV is $34,821 compared to $33,487 for the gas engine equivalent.<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco, CA<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2026\/04\/06\/gas-prices-arent-the-only-factor-fueling-used-ev-sales\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most recent electric vehicles sales data provided a grim picture \u2014 at least for new EVs. Sales of new electric vehicles took a beating in the first quarter, falling some 28% year-over-year after the Trump administration axed the $7,500 consumer tax credit, according to Cox Automotive. Used EVs are moving in the opposite direction&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":720143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/04\/EV-charging-Getty.jpg?resize=1200,830","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[160176,82313,73295],"class_list":["post-720142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ev-sales","tag-evs","tag-transportation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/720142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=720142"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/720142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/720143"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=720142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=720142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=720142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}