CNBC
08 Jul 2026, 15:14 UTC · 2h ago
Used EVs keep getting more expensive amid Iran war, high gas prices
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
CNBC
08 Jul 2026, 15:14 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
4 claims · each scored for market impact
Wholesale prices for used electric vehicles increased 12% last month, significantly outpacing the 1.7% increase for non-EVs. — Strong demand and rising prices for used EVs suggest a shift in consumer preference and potential revenue support for the secondary market.
+0.60A significant increase in off-lease EV supply is expected in the second half of the year, which could pressure vehicle pricing. — An influx of supply typically leads to price depreciation, which could erode the current gains in used EV values.
-0.50Many automakers reported sharp sales declines for new all-electric vehicles during the second quarter. — Weakness in new EV sales suggests a slowdown in adoption or a shift toward used options, impacting OEM growth projections.
-0.40Continue reading
6 related stories
Top 3 movers · tap to explore
Used EV sales to consumers rose 24.7% year-over-year, with Tesla leading the volume at 15,353 units in May. — Higher volume growth in the used segment indicates a broadening market for EVs, benefiting Tesla's dominant brand presence.
+0.30Which stocks this story touches
Tesla led the surge in used EV sales volume mentioned in the report.
Ford is noted as having strong used EV sales volume.
Chevrolet (GM) is noted as having strong used EV sales volume.
BMW is listed as one of the brands benefiting from the rise in used EV demand.
Hyundai is listed as one of the brands seeing increased sales in the used EV market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
[mutual] Both companies compete in the all-electric vehicle market.
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FXEmpire
3h ago
