Some auto industry experts are now calling 2026 "The Year of the Used EV."

It comes after the electric vehicle tax credits expired in September.

Experts said that it has had a ripple effect on sales in the auto industry.

As the clock ticked on the expiration of EV tax credits in September, new data shows there was a wave of last-minute buyers.

But, since then, new electric auto sales across the board plummeted nearly 50% last month.

"I think in the next probably six months, the market will get stabilized and really try to find that balance of what's that natural demand for EVs," said Stephanie Valdez-Streaty.

Valdez-Streaty is a director for Cox Automotive , which provides marketing data for the automotive industry.

"I think the used EV market is the bright star," she said.

For e

See Full Page