Used EVs are suddenly hot sellers — Here are the top SUVs for under $25,000

Don’t want to pay full price? Used EVs with low miles, like the Hyundai IONIQ 5 and Ford Mustang Mach-E, are selling on the secondhand market for $25,000 or less.

📌 The Core Development

With a flood of electric cars returning from lease this year and soaring gas prices, used EVs are suddenly flying off the lot.

Used EV sales rose to a record 3.3% of total used vehicle sales last month, up from 2.9% in August, according to Cox Automotive .

🔍 Background & Sector Context

Used ICE vehicle sales, on the other hand, dropped 4.4% in September as buyers flocked to more efficient options.

As expected, Tesla remains the leading used EV brand, followed by Ford, Chevrolet, Hyundai, and BMW.

📊 Industry & Real-World Impact

By model, the Nissan Ariya led growth, with sales up 42.5% in September, followed by the Chevy Equinox EV (+41.9%), Kia EV9 (+36.2%), and Chevy Blazer EV (+30.2%), while the Ford Mustang Mach-E (+14.7%) and Tesla Model Y (+13.8 %) also saw more demand.

🔮 Strategic Outlook & What Lies Ahead

With more options to choose from, which one is best for you? To help you decide, Edmunds , which has tested nearly all of them, put together a list of four top used electric SUVs available for under $25,000.

The first one on the list was the Chevy Equinox EV , or as GM used to call it, “America’s most affordable 315+ range” electric vehicle.