Profitable Pre-Owned Blog

Used EV Sales Jump in January 2026 While New EV Demand Slips: Dealer Strategy Insights

Written by CRAIG A WHITE | Feb 20, 2026 6:16:55 PM

Profitable Pre-Owned | Market Signal + Operator Debate

The EV Story Dealers Are Getting Wrong: New EVs Sliding, Used EVs Gaining — But That’s Only Part of the Playbook

January didn’t deliver an “EV winter.” It delivered an EV reset — and the split between new and used is the tell. New EV demand softened sharply while used EV sales strengthened and supply tightened. [1]

Operator takeaway: This isn’t a pricing story first. It’s a capability story — how well your store removes EV risk before price.

The January 2026 Snapshot (Cox Automotive)

Cox’s January 2026 EV Market Monitor reads like a split-screen: new EVs carrying inventory and softer demand while used EVs move with momentum. [1]

  • New EV sales: 66,276 units — down 29.9% YoY and 20.4% MoM. [1]
  • Used EV sales: 31,503 units — up 21.2% YoY and 20.8% MoM. [1]
  • New EV days’ supply: 168 days. [1]
  • Used EV days’ supply: 43 days — below ICE+ for the 10th straight month. [1]
  • Used EV listing price: $35,442 — down 5.1% YoY. [1]



The EV Narrative Shift: It’s Not “EV Demand” — It’s Where Demand Is Landing

The headline is being interpreted incorrectly. People read “new EV softness” as “EV softness.”

But used EV momentum says something different: affordability is replacing incentives. The buyer pool is widening — and stores that reduce uncertainty are getting the turn.

Davide Giacobbe, Co-Founder of Voltest, explains that without reliable battery‑health data, buyers assume the worst and price in significant discounts to cover potential risk. Dealers overcome this hesitation by offering clear, trustworthy battery insights on pre‑owned EVs.

 [2]

The Real Operator Fork: Capability or Pricing?

Debate: If used EV supply is tightening while new EV demand softens… is the real shift in dealer capability or pricing discipline?

  1. Inventory: Are you sourcing EVs with confidence in mind?
  2. Pricing: Are you protecting turn velocity?
  3. Trust: Are you removing customer hesitation before price?

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References

  1. Cox Automotive Inc. — EV Market Monitor – January 2026. Link
  2. Davide Giacobbe — LinkedIn commentary on used EV price adjustments. Link