Business · Updated 29 Oct, 02:41 am IST
Used EV sales rise; top SUVs under $25,000 include Equinox EV
Why it matters for readers: If you follow cars, this means more affordable EV options are becoming available on used-car lots.
- Used EVs reached a record 3.3% of total used-vehicle sales, up from 2.9% the prior month, according to Cox Automotive.1
- Used internal-combustion engine (ICE) vehicle sales fell 4.4% in September as buyers shifted toward more efficient options.1
- Tesla is the leading used EV brand, followed by Ford, Chevrolet, Hyundai, and BMW in the secondhand market.1
- Several EV models showed strong month-over-month growth in September: Nissan Ariya (+42.5%), Chevy Equinox EV (+41.9%), Kia EV9 (+36.2%), and Chevy Blazer EV (+30.2%).1
- Edmunds highlighted four top used electric SUVs priced under $25,000, including the Chevy Equinox EV and other lease-return vehicles with low miles.1
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