Many imported luxury vehicles tangle with tariffs, and other premium brands reposition product portfolios for higher revenue.
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Month-to-month, year-over-year, and year-to-date numbers indicate a firm selling season of used vehicles from different market segments.
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Learn more about market results and effects from a major shift in federal electric vehicle policies and incentives at the upcoming Fleet Forward Conference.
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The service enables used EV sellers to receive firm offers in under an hour, and expands dealer access to EV inventory.
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Electric vehicle sales dipped in the second quarter, despite record incentives and a growing model lineup. The market braces for a federal tax credit phase-out that could skew sales trends.
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Wholesale appreciation trends have been more volatile over Q2 as tariffs affected new sales and supply, and the used marketplace.
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The electric vehicle market looked like a grab bag of trends as industry pressures and market dynamics shift.
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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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However, new-vehicle sales slowed notably in May, falling to 15.6 million from 17.3 million in April.
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While the market digests the impact of tariffs, it could see slightly higher levels of wholesale depreciation over the summer.
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