Why 2026 Will Be a Great Time to Buy a Used EV [Yahoo! Finance]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: Yahoo! Finance
Why? Because the used-car market is going to see a flood of three-year-old EVs coming off lease. That's going to upend not just the EV market but the business of selling used cars. Between January 2023 and September 2025, more than 1.1 million EVs were leased under some very attractive terms—terms that were made possible by a $7500 credit . Automakers may have called it a "capital cost reduction," but yup, the money came from the federal government, under a policy called the Commercial Clean Vehicle Credit, or IRS 45W. That credit turbocharged the portion of new EVs that were leased rather than purchased—until last year, when the Trump administration nixed the credit. By the second quarter of 2024, according to data from TransUnion and S&P Global Mobility, nearly half of all EVs were leased. In the second quarter of 2025, nearly 58 percent of new EVs were leased, according to Experian. That cohort of leased vehicles is hitting used-car lots very soon. While the first of these g
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