An influx of used EVs could drive down prices

A wave of EV lease expirations is expected to hit the market from 2026 to 2028.

That could flood the used EV market with supply and put downward pressure on prices.

Used EVs are already priced much closer to gas cars than new EVs are, which may make them more appealing.

The shift could help make electric cars more affordable for mainstream buyers even if new EV demand slows.