
- As gas prices remain elevated, the fastest-selling used cars in March were EVs and hybrids.
- Buyers scooped up the Tesla Model X and Lucid Air from lots, likely due to high depreciation.
- The share of used hybrid sales grew exponentially during the same period.
Electric vehicles and hybrids were among the fastest-selling used cars in March in the U.S., according to a new report from iSeeCars. A large supply of lightly used EVs leased during the early days of the Biden-era tax credits are now returning to dealer lots, making the used EV market more attractive than ever.