Used EV sales surge in the US as prices fall

Rising gasoline prices and steep depreciation have made used EVs a bargain in the US, driving a surge in demand. A used Ford F-150 Lightning now sells for 50–60% of its original sticker price and moves off dealer lots in about 20 days, twice as fast as the average used car.

• Used F-150 Lightnings sell for 50–60% of their original price
• They leave dealer lots in ~20 days, twice as fast as average
• Used EV prices are nearing parity with used gas cars
• New EV sales in the US are declining