Used EVs in 2026: lease returns, softer prices, smarter buys
Shopping used EVs in 2026? Lease returns will flood US lots, pushing prices lower on Mach-E, EV6 and Model Y. Learn battery checks, warranties and buying tips.
If you’re shopping for an electric vehicle, 2026 is shaping up to be one of the best times to buy used in the U.S. The reasoning is straightforward: a noticeable rise in lease returns is expected, and in recent years EVs were especially likely to be leased. As those contracts wrap up, dealer lots should see a wave of fresh used cars, typically with low mileage and generous equipment.
This shift traces back to a period of especially attractive EV deals: automakers actively pushed leasing, and many two- and three-year agreements are now coming due. Add the quicker depreciation typical for EVs, and buyers get a rare combination of expanding supply and softer prices on the used market.
Look at familiar names like the Ford Mustang Mach-E, Kia EV6, and Tesla Model Y. These models are increasingly appearing around $30,000 or less, yet still deliver solid range, a long list of features, and performance on par with far pricier new cars.
The biggest worry for first-time EV owners is the battery. For off-lease examples with about 50,000 km on the odometer, the risk is generally lower: modern packs tend to hold up well, and early-years degradation is usually moderate. Even so, it’s sensible to review the service history, confirm the battery’s warranty coverage, and, if possible, have its condition assessed before you buy.