Used EV sales spike alongside gas prices

Used EV sales surged dramatically, with March 2026 volumes jumping 42% compared to the previous month as gas prices hit $4.50 per gallon. This stampede toward secondhand electric cars, which now average $27,500 per unit—$8,000 cheaper than the typical new EV—forces dealerships to rethink inventory. The spike pressures pricing models, as used EVs now sell 15% faster than the average used gas car, outpacing #9's cautious market outlook by showing real consumer demand.