Electric vehicles have historically been "notorious" for losing their resale value, reports CNBC. But this year prices for used EVs in the U.S. "are up 5.1% from January to June 2026, according to a Recurrent analysis published this month." The trend continued into the second half of the year: Prices are up 7% year to date through mid-July, it said. Recurrent compared EVs according to the same make and model year across 108 combinations and weighted price growth according to inventory volume. "Used EVs are appreciating, which almost never happens," according to an e-mailed Recurrent statement about the analysis. Other auto analysts found a similar trend... Price growth for used EVs has been broad-based, said Stephanie Valdez Streaty, the director of industry insights at Cox Automotive, a market research firm. Twenty-one of the 25 used EV models with the highest sales volume increased in price between January and June this year, she said... [T]he price growth for used EVs this year has been all the more surprising because it has happened despite a high supply of used EVs hitting the market — which, all else being equal, would generally cause prices to fall, experts said... There are several factors juicing consumer demand for used EVs, experts said. Among them are high gasoline prices due to the Iran war, which have pushed more consumers to consider fuel-efficient options, experts said... Overall affordability is another big factor, against a backdrop of inflation that has remained above policymakers' target of 2% for five or so years, auto experts said. The dynamic has pushed more consumers toward the used car market more broadly. Two interesting statistics from the article: "Used EV sales were up 20% in June versus a year earlier, while sales of new EVs were down about 28%, according to Cox Automotive data." New EVs accounted for 5.4% of total new-vehicle sales in June, while the market share for used EVs was just 2.4%, according to Cox Automotive data.

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