Half‑million used EVs inbound

J.D. Power’s intelligence report expects roughly 215,000 electric vehicles to return from lease in 2026, while dealer data and platforms put the likely range above 300,000 and around 330,000 for the year. (autoremarketing.com) The timing tracks three‑year contracts written in 2023–24 after federal incentives accelerated leasing, so a large tranche of those leases begins maturing in 2026. (recurrentauto.com) Remarketers say most of the incoming units will be late‑model 2022–2024 BEVs with low odometer readings—industry analysis cites averages near 25,000 miles and substantial remaining factory or battery warranties. (news.dealershipguy.com) Wholesale and retail listings are already adjusting: one market analysis shows average used‑EV asking prices down about 9% year‑over‑year to approximately $37,000, with nearly one in three listings priced under $25,000. (news.dealershipguy.com) Recurrent’s quarterly tracking finds 56% of current used‑EV inventory priced below $30,000 and 55% of vehicles in inventory are 2023 model year or newer. (recurrentauto.com) Multiple outlets report lessees are returning cars rather than exercising end‑of‑lease buyouts because the contractual buyout math often isn’t favorable versus market prices, increasing the volume that flows into dealer and auction channels. (evshift.com) Industry advisers are urging dealers to adopt EV‑specific intake protocols—battery health checks, charger and software verification, and clear warranty documentation—because the wave is expected to intensify into 2027 when off‑lease totals could swell into the mid‑six‑figure range. (news.dealershipguy.com)