A portion of this spring’s Used Car Industry Summit will focus on how the remarketing and retailing of used electric vehicles will be important for auctions, consignors and dealers to handle.

More evidence as to why Cherokee Media Group is collaborating with Recurrent for conference sessions so attendees can get more plugged into used EVs came via Experian’s State of the Automotive Finance Market Report: Q3 2025.

With the expiration of the EV tax credit, Experian indicated the percentage of EV leasing grew significantly during the third quarter. In fact, according to the report, more than 56% of consumers opted to lease a new EV during the quarter compared to just over 46% a year ago.

To better understand how the surge in EV leasing impacted the broader market, consider this: in Q3 2024, EVs made up less than 18% of the total new lease market. As of Q3 of this year, EVs accounted for one of every four new leases.

And, of course, those vehicles will eventually have to be remarketed and retailed. That’s why the Used Car Industry Summit — designed as a boutique version of Used Car Week and set for April 13-15 in Miami — will have multiple discussions about how the used-car industry can make the most of those used EVs.

“With the EV tax credit expiring at the end of September, industry analysts expected an acceleration in EV activity during the third quarter,” said Melinda Zabritski, Experian’s head of automotive financial insights.

“While most experts are closely watching how consumer interest in EVs evolves over the coming months and years ahead, we can’t lose sight of how the uptick in leasing will shape the market dynamic as these models come off lease and enter the used space,” Zabritski continued in a news release.

Interestingly, Experian indicated EVs represented four of the top 10 leased models, with Tesla Model Y (4.35%) and Tesla Model 3 (2.58%) accounting for the top two.

Meanwhile, the Honda Prologue (1.78%) was the fifth most leased model, and the Hyundai IONIQ 5 (1.49%) was the ninth, according to Experian tracking.

Whether it’s a Tesla, a Honda, or a Hyundai, if it’s a used EV, it will be part of the agenda at the Used Car Industry Summit.

And an early bird registration discount is available through Dec. 15.

So get charged up about going to South Florida in April by registering now at www.usedcarsummit.biz.