Buyers who were expecting a further drop in used electric car prices could be in for a surprise. In the United States, this segment began to show signs of strengthening and values ​​no longer follow the adjustment trend that predominated for a good part of recent months.

Read also: The new proposal that complicates Chinese cars in the US.

The most recent data shows that used electric vehicles are increasing in price at a faster rate than models powered by combustion engines.

You can read: Firm: Akio Toyoda does not change his position regarding electric cars

While EVs register increases of close to 12% in the wholesale market, gasoline vehicles advance around 3% in the same period.

Fuel plays a role again

One of the reasons that helps to understand this phenomenon is the increase in gasoline prices. With costs remaining approximately 38% above the levels observed a year ago, many drivers are evaluating alternatives that allow them to reduce daily expenses.

In this scenario, used electric vehicles appear as an attractive option for those who make routine trips, such as commuting to work, school trips or daily errands. Operating savings become an increasingly important argument when choosing a vehicle.

The most sought after models

The demand is also reflected in the auctions where dealers participate. Among the models that arouse the most interest are the Tesla Model 3, Tesla Model Y, Ford Mustang Mach-E, Chevrolet Bolt and Hyundai Ioniq 5.

Dealers are willing to pay more for these units to bolster their inventories. When that happens, the increase normally ends up being transferred to the prices that the final consumer finds in the sales lots.

Fewer opportunities to find bargains

For those looking to buy a used electric car, the immediate consequence is a lower availability of especially attractive offers. Models with good autonomy, established reputations and high turnover are the ones that are feeling this upward pressure the most.

Still, used EVs still represent a more affordable alternative to many new vehicles. For many households, they continue to be a reasonable gateway to electric mobility.

A possible change on the horizon

The outlook, however, could change in the coming months. A significant number of electric vehicles are expected to end their leasing contracts and return to the market.

If this flow of units increases significantly, the supply could grow rapidly and generate greater competition between sellers. In that case, prices would have room to stabilize or even decline.