Used EVs Currently Offer Car Buyers Lowest Lifetime Cost of Ownership

Jan. 27, 2026
Read time: <5 mins
Used Evs Currently Offer Car Buyers Lowest Lifetime Cost Of Ownership AdobeStock 32193901 1536x1024

If you are in the market for a used vehicle, going electric may be the smarter choice. New research from the University of Michigan shows that used electric vehicles consistently deliver the greatest lifetime savings for owners, even compared with new internal combustion engine vehicles. In this Michigan News research spotlight, experts from the U-M School for Environment and Sustainability break down their analysis of the total cost of ownership across different vehicle classes.

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