Tesla Dominates Used EV Sales on Carvana, SUVs Drive Growth, and Amazon Adds Used Car Listings Amid Trump Tariffs

Tesla dominated used electric vehicle (EV) sales on Carvana, with a record 9% of unit sales comprising EVs and Plug-In Hybrid Electric Vehicles (PHEVs) in Q2 2025. SUVs made up 44% of EV and PHEV sales, up from 24% in Q2 2023. Tesla's Model 3, Model Y, and Model S were the top three best-selling used EVs on Carvana. Amazon has begun including used cars and certified pre-owned vehicles on its platform, while used car prices have hit record highs due to President Trump's tariffs on the auto industry.

In Q2 2025, Tesla vehicles dominated used electric vehicle (EV) sales on Carvana, with a record 9% of unit sales comprising EVs and Plug-In Hybrid Electric Vehicles (PHEVs). This substantial growth is attributed to several factors, including the company's expanded selection of electrified vehicles and the increasing demand for SUVs in the EV market. Tesla's Model 3, Model Y, and Model S were the top three best-selling used EVs on Carvana, reflecting the company's aggressive marketing strategies and the growing global demand for electric vehicles [1].

Carvana Co. (NYSE: CVNA) reported a significant increase in the proportion of electric and plug-in hybrid vehicles sold, with SUVs emerging as the dominant body style for EV and PHEV sales. According to the company's EV Trends Report, SUVs accounted for nearly 44% of all sales in Q2 2025, up from 24% in Q2 2023 [1]. This shift highlights the growing preference for larger vehicles among EV buyers, driven by factors such as increased range and cargo space.

The used car market has been influenced by various factors, including President Trump's tariffs on the auto industry. Used car prices have risen by 6.3% year-over-year, further emphasizing the demand for affordable and reliable used electric vehicles [3]. This trend is likely to continue, as the industry adapts to the changing market dynamics and consumer preferences.

In addition to Carvana's growth in used EV sales, Amazon has begun including used cars and certified pre-owned vehicles on its platform. This move could further drive demand for used EVs, as consumers seek out more affordable and reliable options in the face of rising prices.

In conclusion, Tesla's dominance in used EV sales on Carvana, along with the growing demand for SUVs and the impact of Trump tariffs, highlights the evolving dynamics of the used car market. As the industry continues to adapt to these changes, companies like Carvana will need to capitalize on these trends to maintain their competitive edge.

References:
[1] https://investors.carvana.com/news-releases/2025/08-06-2025-130006810
[3] https://www.indmoney.com/us-stocks/tesla-inc-share-price-tsla