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July 9, 2025Insight
By Plug Technologies

What the Data Says About Demand, Price, and Profit

What the Data Says About Demand, Price, and Profit

It’s not hype. The used EV market is growing. And the numbers prove it.

Here’s what recent data tells us about the evolving used EV market:

1. Demand is Growing Fast
Used EV sales accounted for nearly 2% of all used car sales in early 2025, up 62.6% from 2023. As EV adoption rises, so does the need for trade-in and resale infrastructure.

2. EV Affordability = Opportunity
EV pricing is based on incentives, software-enabled features, and battery condition. Dealers who move quickly with real-time data can buy low and sell smart.

3. Market Gaps Still Exist
Well over 50% of franchise dealers still don’t retail used EVs. That means sellers who can move them, even wholesale, have a huge advantage.

4. Profit Comes from Confidence
The dealers succeeding with EVs aren’t always experts, they’re the ones who use the right data and tools to price, list, and move fast.

Trade Desk is the EV trade-in tool giving you guaranteed cash offers or the ability to list and sell fast, so you can profit from the used EV market growth instead of falling behind.

Tags

EV Trade-InsUsed EV MarketEV WholesaleUsed EV PricingEV Trade-in PricingEV Dealer ToolsEV Profit Margins