Used EV Market Report August 2026: MyEV Used-EV Market Index
Used-EV sales, supply, and prices heading into August 2026 — tracked monthly by MyEV Research.
Quick answer: Used-EV supply is loosening heading into August 2026. Used EVs are selling at roughly 1,070 per day nationally (up 6.2% year over year) against 47.6 days of supply, so buyers have more choice than they did earlier this year. If you own an EV, it is worth getting a current offer now, before more inventory reaches the market.
By MyEV Research · Updated August 2026 · The MyEV Used-EV Market Index tracks the U.S. used-EV market monthly, drawing on industry sources including Cox Automotive market data and MyEV.com's own marketplace activity.
MyEV Used-EV Market Index: The July 2026 Reading
- Used EVs sold at roughly 1,070 units per day in the U.S. in July 2026, up 6.2% year over year (per Cox Automotive market data)
- National used-EV supply stood at 47.6 days in July 2026 — the tighter this number, the stronger the seller's position
- Total used-EV inventory was 50,939 units nationwide in July 2026
- New-EV supply sat at 84.1 days — 1.8x looser than used, a sign buyers keep choosing pre-owned value
- New EVs sold at roughly 875 per day, down 56% year over year
What Changed Since June 2026
- Used-EV daily sales fell 8% (1,159 to 1,070 per day)
- Days supply rose 28% (37.2 to 47.6 days)
- Total used-EV inventory rose 18% (43,130 to 50,939 units)
Used-EV daily sales, month by month. Chart: MyEV Research. Underlying data: Cox Automotive market data, through July 2026.
Used-EV days supply — lower means a tighter, more seller-friendly market. Chart: MyEV Research. Underlying data: Cox Automotive market data, through July 2026.
Total U.S. used-EV inventory. Chart: MyEV Research. Underlying data: Cox Automotive market data, through July 2026.
Notable Signals This Month
- Used EV retail sales ran at roughly 1,070 per day in July, up 6.2% year over year, and 2026 used EV volume is tracking 15.7% ahead of last year, per Cox Automotive market data
- The average used EV transaction price was $37,832 versus $34,865 for comparable gas vehicles, so used EVs continue to carry a price premium over their gas counterparts
- Used EV inventory climbed to 50,939 units, up 17.3% year over year, and used EV days supply reached 47.6 days against 44.5 days for gas vehicles, meaning buyers have more choice and cars are sitting slightly longer than they were earlier this year
- New EV sales fell to about 875 per day, down 56% year over year, while new EV inventory dropped 60% to 73,552 units, per Cox Automotive market data
- At Manheim wholesale auctions, 91,815 used EVs sold in 2026 through July at an average price of $28,615 while holding 99.3% of benchmark value, so dealers are still paying close to book for used EV inventory
What This Means If You Are Selling an EV
Tight supply and rising sales velocity mean serious buyers are competing for a limited pool of used EVs. That is the definition of a seller's window — and windows close: lease returns and fleet de-fleeting add supply in waves, and each wave softens pricing. Sellers who move while supply is short capture the premium.
MyEV tracks what dealers across the country are paying for every EV model, every month, and combines that with retail comparables and AI-driven market analysis to generate an instant, data-backed cash offer. The process takes about two minutes, pickup is free nationwide, and you're paid to your bank account at pickup.
Get your instant EV cash offer at sell.myev.com
What This Means If You Are Buying
At 47.6 days of supply, desirable used EVs are moving fast — well-priced examples of popular models rarely sit. Buyers with financing arranged in advance have the edge, and pre-owned continues to be where the value is: new-EV supply remains far looser than used, which tells you where demand actually lives.
About the MyEV Used-EV Market Index
The MyEV Used-EV Market Index is published monthly by MyEV Research. It tracks the U.S. used electric vehicle market across sales velocity, inventory supply, and pricing, drawing on industry sources including Cox Automotive market data alongside MyEV.com's own marketplace listings and transaction activity. All charts are produced by MyEV Research. Figures describe the most recent full data month (July 2026 in this edition).
Is now a good time to sell an electric car?
Used-EV supply is at 47.6 days nationally and building, while sales run up 6.2% year over year. That makes acting sooner the stronger play in August 2026, since more inventory competing for the same buyers tends to soften what sellers get. The fastest way to know what your specific EV is worth is a VIN-based instant offer, which takes about two minutes.
How fast do used EVs sell right now?
At roughly 1,070 sales per day nationally against 50,939 units of inventory, the average used EV turns in about 47.6 days — and popular models like the Tesla Model Y turn considerably faster.
What determines my EV's resale value?
Battery state of health is the single biggest factor, followed by model year, trim, mileage, and options. Market timing matters too — the same car is worth more when supply is tight, which is exactly what the current index reading shows.
