Used electric vehicle sales climbed more than 10% year-over-year in July and supply is becoming more plentiful, according to the EV Market Monitor Report released Monday by Cox Automotive.

There were 36,810 used EV sales last month, Cox said in the report, beating year-ago figures by 10.1% and surpassing June by 7.9%.

While Tesla continues to dominate the used EV market, brands like Ford (which had 18.9% month-over-month growth to lead all high-volume brands) as well as Chevrolet, Nissan and Cadillac continue to gain traction, Cox Automotive director of industry insights Stephanie Valdez Streaty said in the report.

“Several high-volume models, including the Tesla Model 3, Tesla Model Y, Ford Mustang Mach-E, Hyundai IONIQ 5, Chevrolet Blazer, and Cadillac LYRIQ, helped drive July’s growth,” she said.

Dealers were able to get their hands on more used EVs last month, thanks in part to growing lease returns and trade-ins, Valdez Streaty said.

Used EV days’ supply, at 46 days, was up 13.6% from July 2025 and beat June numbers by 14.2%.

It was also the first month since February that days’ supply for used EVs was higher than that of used internal combustion engine vehicles.

Rivian showed the most growth, as days’ supply came in at 54 days, a 55% increase from June. Ford, which had days’ supply of 63, had the most inventory of used EVs, according to Cox.

Tesla had the lowest at 38.

“Despite the broader increase in inventory levels, the narrow three-day premium over ICE+ indicated used EV inventory remained broadly aligned with demand,” Valdez Streaty said, noting that Tesla and Rivian numbers only reflect the vehicles at traditional dealerships, not OEM-owned outlets.

Used EVs are also selling quickly, according to a separate report from Reynolds and Reynolds subsidiary AutoVision.

“As for what is selling quickly, some electric and hybrid vehicles are still moving swiftly, with less expensive internal combustion engine light vehicles filling in the gaps and dominating older model groups,” AutoVision said in its inaugural monthly report on the used-vehicle market.

Meanwhile, average listing prices on used EVs climbed 8.3% from July 2025 to come in at $37,832, which was 1.2% lower than June’s price, the Cox data shows.

Used EVs had a $2,967 premium over used ICE+ vehicles in July, compared to a $3,344 premium in June.

“Higher-priced brands such as Rivian and GMC continued to support the overall average, while high-volume brands including Tesla and Hyundai remained competitively priced,” Valdez Streaty said. “Despite the monthly decline, used EV prices remained well above year-ago levels, reflecting a growing share of newer-generation EVs entering the used market.”

That lift in used EV supply is one of the keys Valdez Streaty is watching in the months ahead.

She concludes the analysis noting that, “Inventory remains generally aligned with demand, while declining incentives, evolving pricing dynamics, and growing used EV availability will be key indicators of market performance in the months ahead.”

Used EV supply and prices is also something Cox Automotive is watching in the wholesale market.

According to the mid-month update of the Manheim Used Vehicle Value Index, wholesale prices on EVs are up 5% year-over-year, compared to a 1.4% decline for non-EVs.

“Gas prices remain a factor worth watching. The national average was $4.06 a gallon as of Aug. 17, up from roughly $3.14 a year ago. Used EVs are still benefiting from that increase, with values up 5% year over year even as the pace of gains has cooled,” Cox Automotive senior director Jonathan Gregory said in a separate analysis.

“That’s a normal glide path as off-lease EV supply, which we’ve been flagging all year, continues to build and gives buyers more choice.”