The used EV market is getting weird. This is why it's so weird to see that used EVs have actually been gaining value lately. According to a new report from Recurrent, which evaluates vehicle battery health and tacks the used EV market, secondhand EV prices are up 5.1% since January. But that narrative is not accurate if you’re buying a used EV. The supply and sales of used EVs have been rising thanks to all the EV leasing that happened over the last few years.