> ## Content Index
> Fetch the complete content index at: https://blog.dgactual.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# [SIGNAL BRIEF] Used EV and Leasing: EV lease wave: ~50% of 2023 EVs leased; Dec 2025 EV days supply 107; Q4 EV lesse
- URL: https://blog.dgactual.com/signal-brief-used-ev-and-leasing-ev-lease-wave-50-of-2023-evs-leased-dec-2025-ev-days-supply-107-q4-ev-lesse/
- Published: 2026-04-04T18:45:02.000Z
- Updated: 2026-04-04T18:45:02.000Z
- Description: EV lease wave: ~50% of 2023 EVs leased; Dec 2025 EV days supply 107; Q4 EV lessees 41.3% went gas
- Author: Daniel
- Tags: Signal Brief, Used EV and Leasing, DGActual Signal Intel

## EV lease wave: \~50% of 2023 EVs leased; Dec 2025 EV days supply 107; Q4 EV lessees 41.3% went gas

S&P Global Automotive says the 2026 off-lease EV wave is arriving because roughly half of 2023 EV registrations were leased, effectively scheduling a maturity surge three years later. The timing is tricky: EV share of new registrations fell to 6.4% in December 2025 from 11.4% a year earlier, while EV inventory days supply rose to 107 from 99.

The report also flags a shift in what returning-to-market EV lessees buy after the September 2025 tax credit expiration. In Q4, 46.9% stayed in EVs but 41.3% moved to gas vehicles, nearly a 50-50 split. Lease households also cycle faster, with 60% returning to market in under 36 months, and show higher loyalty, with RTM brand loyalty at 64% versus 47% for purchase households.

---

What this means for dealers: Late-model used EV volume should build through 2026, so tighten turn targets and merchandising standards to avoid aged EV inventory. Use lease-end campaigns to keep customers in your store, and treat off-lease EVs as a repeat-traffic engine for service and F&I, not just a used-car problem.

Source: S&P Global Automotive Insights — [https://www.spglobal.com/automotive-insights/en/blogs/2026/03/ev-lease-returns-impact](https://www.spglobal.com/automotive-insights/en/blogs/2026/03/ev-lease-returns-impact?ref=blog.dgactual.com)

---

**What this means for dealers:** Late-model used EV volume should build through 2026, so tighten turn targets and merchandising standards to avoid aged EV inventory.

*Source: [S&P Global Automotive Insights](https://www.spglobal.com/automotive-insights/en/blogs/2026/03/ev-lease-returns-impact?ref=blog.dgactual.com)*