Used EV Market Shoots Up
Many consumers shift from new for affordability, though some brands have robust new-EV sales month.

Tesla increased its new-EV U.S. market share in April by about four percentage points and topped used sales.
Pexels/Kindel Media
Sales of new electric vehicles dipped in April while used EV deliveries moved in the opposite direction as shoppers looked for deals.
The new-EV market decline wasn’t across the board, as some brands actually experienced significant sales increases, according to Cox Automotive research. The EV growers included General Motors, Nissan and Tesla.
But overall new-unit sales fell 6% from April and from a year earlier to a little more than 100,000 units as consumers grappled with both affordability and availability, Cox said. It nevertheless noted a slight market share increase to 7%. The average transaction price was accordingly flat at $59,255.
Tesla, which has taken sales hits in various markets, including Europe and California, increased its U.S. market share about four percentage points on the strength of the Model Y, though it stayed under 50%.
GM’s new-EV sales rose two percentage points to a 14% market share.
As new-model sales fell, used-EV volume increased 14% month-over-month and a whopping 61% year-over-year to nearly 38,800 units. The market share rose to 2%, its highest point so far this year.
The average used-EV transaction price actually fell month-to-month by about 3% to $35,874, though that’s up 4% year-over-year.
Tesla topped used sales, increasing its market share about five percentage points to 47%, Cox said. Chevrolet and Ford followed with 9% and 6% shares.
The two EV segments’ days’ supply also headed in opposite directions based on their sales results, though inventory varied by brand.
New-EV inventory increased 4% to 99 days, though that’s down 20% year-over-year.
Used supply, meanwhile, was about flat from April and a year earlier to 37 days.
“As used EVs remain an attractive option, inventory will continue to tighten,” Cox said.
More Showroom

Making the Safe Choice
Kelley Blue Book has turned households with teen drivers onto safe and affordable options for their vehicles of choice
Read More →
Inventory Holds Steady
September new-vehicle inventory rose slightly month-over-month, but dealer lots are laden with MY2026 vehicles as the typical model year changeover trudges along.
Read More →
October Auto Sales Fall With the Leaves
A forecast anticipates retail deliveries are down this month as consumers continue to face cost challenges, though more are tapping long loans in order to buy.
Read More →
California Sees Quarterly Gains
California’s new-vehicle market saw a boost in hybrids in the third quarter and its first overall quarterly market gain of the year.
Read More →
New-Vehicle Prices Stay Put
Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.
Read More →
EV Buyer Consideration Shifts
What drives American consumers to purchase an electric vehicle is shifting as the question moves away from Should I?' to 'Which features and experience do I want to have?'
Read More →
Year-to-Date Auto Sales Holding Their Own
A forecast through August shows that automakers have shifted strategies to keep deliveries and revenues up despite tariffs and other economic challenges.
Read More →
Slow to Robo
Ten years of polling consumers shows autonomous vehicles’ profiles have risen considerably, but even more people now want at least some level of control if they go that route.
Read More →
Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
Read More →
European EV Sales Skyrocket
The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.
Read More →