Used EVs are fastest-selling cars in the U.S., Cox Automotive reports – Orange County Register

Used electric vehicles are now the fastest-selling cars in the United States, according to new data from Cox Automotive, marking a milestone for a market that has long hovered on the edge of mainstream adoption. In August, sales of used EVs hit a record 40,960 units, a 59 percent increase compared to the same month last year. Cox’s report also showed that new EV sales set a record at 146,332 units, but grew just 17.7 percent from 2024.

The numbers highlight a shift in consumer behavior. Electric vehicles are no longer viewed solely as cutting-edge or luxury purchases. They are increasingly practical choices for everyday drivers, and buyers are showing a strong preference for the affordability of used models. According to Cox, August’s surge also gave used EVs their largest market share ev