Used EV Prices Rising in America
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Insights by Echo AI
Contrary to historical trends, used electric vehicle (EV) prices in the U.S. are increasing. According to Recurrent analysis, prices rose by 5.1% from January to June 2026 and by 7% year-to-date through mid-July. This trend is broad-based, with 21 of the 25 highest-selling used EV models seeing price increases. Factors driving demand include high gasoline prices due to the Iran war and overall affordability concerns amidst persistent inflation.
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