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Edmunds

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Graph showing the influx of 300,000 off-lease used electric vehicles into the market causing price drops

Technology

Used EV Market Set for Price Drop as 300,000 Off-Lease Cars Arrive

A wave of off-lease electric vehicles is entering the used car market, potentially lowering prices and improving access for budget-conscious buyers.

Lucas · 27 Mar 2026 · 2 min read