
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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But sales remain strong, up 7% compared to the previous year, as the used market offers a better value for consumers avoiding pricier new cars.
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One successful scam can devastate the finances and damage the reputations of the shipper and carrier.
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Average transaction prices broke the $50,000 barrier, driven by wealthier buyers and higher-end vehicles.
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But most OEMs record low-volume sales, which means EV profitability remains a distant dream for nearly every automaker.
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Rental fleets once again keep the momentum as government fleet sales last month showed an upturn for the first time in 2025.
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Consumers are buying up electric vehicles ahead of the Inflation Reduction Act’s tax credit expiration amid strong demand and tight inventory.
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Fleet Services has more than doubled in size with 1,500+ technicians nationwide, and FleetNet America has had record-breaking volume at 2.5 million calls.
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While inventory is growing, vehicles are moving off lots faster than they were a year ago.
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Of 31 major brands tracked by Kelley Blue Book, only five recorded transaction prices in August lower than year-ago levels.
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Car rental companies extended a sales spike from July, while commercial fleets continue modest growth.
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