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Used EV Listings Held Steady in Late 2025, Cox Data Shows

· Cox Automotive

Used EV sales gained share in 2025

Electric vehicles are no longer a niche footnote in the used market. Cox Automotive reported 28,579 used EV sales in December 2025, up 10.2% year over year and 9.7% from November, holding about 1.9% market share for the month.

For the full year, Cox counted 378,140 used EV sales, up 35.1% from 2024 and representing 2.1% of the used-vehicle market. Tesla led December with 10,837 units, followed by Ford, Chevrolet, BMW, and Nissan among the top brands.

For Florida drivers, growing volume means more choice on dealer lots and at auction lanes feeding retail inventory. It also means shoppers must sort through varying battery warranties, charging hardware, and prior fast-charging habits.

Home charging remains the economic advantage for many EV owners, but condo and apartment residents should confirm outlet access before purchase. Public DC fast charging costs can narrow fuel savings versus efficient hybrids.

When comparing total cost, include home charger installation if you lack a 240-volt outlet; quotes vary by panel capacity and distance to the parking spot.

Listing prices and the premium over gas models

Cox said the average listing price for used EVs was $36,408 in December, down 1.2% year over year and flat month over month. The price premium over internal-combustion-plus vehicles (including hybrids in Cox’s grouping) narrowed to $2,591.

Affordability metrics improved on paper: 39% of used EV models were listed below $25,000. Cox highlighted the Nissan Leaf as one of the most accessible options, with an average listing around $11,746 in its December snapshot.

Listing price is not the same as transaction price, but the direction matters. When premiums shrink, monthly payments can align more closely with comparable gasoline SUVs and sedans—especially for commuters in South Florida who benefit from lower per-mile energy costs.

Battery warranties differ by brand and model year; some cover capacity loss to a percentage threshold for eight years. Read the transferable warranty terms because they affect resale value.

Used Tesla inventory dominance means aftermarket parts and tire sizes are well understood by shops; niche EVs may face longer wait times for body panels.

New EV pricing still shapes the used lane

Cox reported the average transaction price for new EVs in December at $58,034, up 2.4% year over year, with incentives reaching a year-high $10,473—about 18% of ATP. Heavy discounting on new models can pull attention away from used inventory, but it also sets future trade-in values.

Tesla’s below-segment pricing and high volume continued to pressure overall EV ATP, Cox noted. When new prices fall, late-model used units must compete harder, which can benefit patient shoppers willing to compare model years.

If you are deciding between a two-year-old EV and a new hybrid, weigh federal and state incentives that may apply only to new purchases against the lower entry price of used battery-electric models.

Hurricane-season planning in Florida may include keeping a fuel backup vehicle for long evacuations if your EV range does not fit your household plan. That does not negate EV value for daily driving.

Fleet buyers watching Cox data should note that used EV share is still under three percent of total used sales—room to grow as 2020–2022 leases return.

Brand-level trends shoppers should notice

Most brands in Cox’s December used EV data posted month-over-month listing declines, while Cadillac and Volvo saw notable increases. BMW delivered strong month-over-month growth among top-five brands.

At the model level, Tesla took four of the top five used EV positions, with the Ford Mustang Mach-E ranking third behind Model 3 and Model Y in Cox’s summary. That concentration means parts, service familiarity, and home-charging ecosystems are easier for those models.

Less common EVs may offer value but require extra diligence on battery state-of-health reports and local technician availability—particularly outside major metro areas.

Used hybrid SUVs remain a middle ground—often faster to finance and insure while still cutting fuel spend. Cox’s data helps you see where EVs sit relative to that middle ground on price.

Shoppers comparing a used EV to a hybrid should test both on the same day; seat comfort and driver-assist behavior differ more than spec sheets suggest.

What changed after federal used EV credits expired

Federal purchase incentives for used EVs ended after September 30, 2025, following congressional changes earlier in the year. CNBC and other outlets noted that August 2025 list prices for used EVs averaged $34,704—already close to gasoline counterparts before credits.

Cox’s December listing data suggests affordability continued to improve on listing price alone, with a large share of inventory under $25,000. Shoppers who missed the tax credit window may still find value if they prioritize total ownership cost over sticker incentives.

Always confirm eligibility for any state or utility rebates separately; programs change frequently and may not appear in dealer advertising.

Charging network maps continue to expand along I-95 and Florida’s Turnpike, but verify connectors compatible with your model before road trips.

Shopping a used EV in Florida

Heat and highway speeds affect range; test your commute route and verify charging at home or work. Ask for battery health documentation and review fast-charging history when available.

Insurance and repair costs vary by model; quote both before you sign. A lower listing price can be offset by higher premiums or limited collision repair networks.

Off Lease Only locations across Florida stock a wide mix of powertrains. Use Cox’s market context to compare any specific EV against gasoline alternatives on total cost, not hype.

State emissions inspections are not a Florida passenger-car requirement, but EVs still need standard safety equipment and working lights for registration.

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