Used EV sales are surging — how their ownership costs compare to gas-powered cars

Cavan Images / Gabriel Sean Photography | Cavan | Consumers shopping used-car lots may notice that electric vehicles are increasingly sporting more affordable price tags. Even as purchases of new electric vehicles have faltered , used EV sales jumped 27.7% in March from a year earlier and were 53.9% higher than in February, according to the latest EV Monitor from Cox Automotive, a services and software company for the automotive industry. While it's hard to tease out how much of the surge in sales is due to consumers shifting to EVs amid higher gas prices , at least one contributing factor is the influx of used EVs hitting dealer lots as leases end this year, giving buyers a greater selection of models.