search
used car market
Trends
- 1Study finds high-mileage electric cars more reliable than petrolโผHigh-mileage electric cars are more reliable than petrol ones, study finds
A new study reported by The Guardian finds that used electric cars with high mileage are more reliable than comparable petrol vehicles. The finding challenges a common assumption among drivers that EV batteries and motors wear out faster than combustion engines, and is likely to feed into ongoing debates about the used-EV market and the cost of switching to electric.
- 2Used Electric Car Sales Hit Record High In MarchโผWhat EV Slowdown? Used Electric Car Sales Hit A Record High In March
Used electric car sales reached a record high in March, according to a report by InsideEVs. The figure challenges the widespread narrative of an electric vehicle slowdown driven by cooling demand and discounting in the new-car market. The data suggests buyers are turning to the second-hand market, where lower prices make EVs more accessible.
- 3
CarMax, the largest used-car retailer in the United States, is scheduled to release its quarterly earnings report tomorrow. Investors and analysts are watching for updates on used-vehicle demand, pricing trends, and consumer financing conditions, which will offer a read on the health of the American consumer and the broader retail sector.
- 4BMW i3 finds cult following on used EV marketโผBMW's quirky i3 electric enjoys cult status as a second-hand EV
BMW's i3, the compact electric car with its unusual design and carbon-fibre body, is winning a devoted second life on the used-car market. Once discontinued, the hatchback is now prized by budget-conscious EV buyers who value its light weight, rear-wheel drive and city-friendly size, giving it a cult status among second-hand electric vehicles.
- 5Dourado Luxury Cars touts reputation among Dubai buyersโ๐ฅ Serious buyers don't choose a showroom by chance โ they choose it because it has consistently delivered on its promise
Dubai-based luxury car dealer Dourado is promoting itself as one of the emirate's most trusted names in pre-owned exotic and luxury vehicles. The company argues that serious buyers pick a showroom based on a consistent track record rather than chance, and is inviting customers to visit its showroom. The claim highlights the competitive market for high-end second-hand cars in Dubai.
- 6Used electric car battery myth officially debunkedโผThe huge myth about used electric cars just got officially busted
A widely repeated belief about used electric cars โ that their batteries degrade so quickly they are poor second-hand buys โ has reportedly been officially debunked. Industry data on battery longevity is said to contradict the myth, with used EVs retaining far more capacity than sceptics claim. The finding is being read as a boost for the second-hand EV market.
- 7CarMax Q2 revenue rises on stronger used vehicle salesโCarMax Q2 revenue rises on higher wholesale and retail used vehicles sales; plans to resume buyback
CarMax reported higher second-quarter revenue, driven by increased wholesale and retail sales of used vehicles. The used-car retailer also announced plans to resume its share buyback program, a signal of renewed financial confidence. Investors are watching whether the uptick marks a durable recovery in demand amid persistently high used car prices and elevated interest rates.
- 8CarMax earnings jump as sales surge in Q2โKMX: EPS up 81%, retail and wholesale sales surged, and CAF income climbed 32% in Q2 FY27
CarMax reported strong fiscal second-quarter results, with earnings per share up 81%, sharp gains in both retail and wholesale vehicle sales, and income from its CarMax Auto Finance arm rising 32%. The broad-based growth across sales and financing stands out in a used-car market where many rivals have struggled with affordability and soft demand.