Overview
- The iSeeCars study released Thursday found Tesla’s Model X was the fastest-selling used vehicle in Q1 2026 at 25.6 days on the market, a pace experts link to Tesla ending Model S and Model X production earlier this year.
- Used EV sales jumped to 42,924 in March 2026, up 53.9% from February and 27.7% from a year earlier, according to Cox Automotive.
- Hybrids are selling faster and holding value better than many electric cars, with the Lexus RX 350h ranked as the quickest-selling hybrid in the iSeeCars analysis.
- Prices split by brand in Q1, as iSeeCars found non-Tesla EVs down about 10.3% year over year while used Teslas were essentially flat at 0.1% lower.
- Drivers are facing higher fuel costs, with the national average at $4.30 per gallon Thursday, which is pushing more shoppers to used hybrids and EVs, according to GasBuddy and iSeeCars.