Edmunds & TransUnion with Q2 trade & financing trends connected to EVs & hybrids By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time. New data from Edmunds and TransUnion showed a wave of consumers who previously owned an electric vehicle — particularly a Tesla — are trading the EV for a hybrid model at a record pace. And they’re often taking on a growing amount of financing to get the deal completed. Edmunds recently indicated a record 20.5% of Tesla trade-ins to franchised dealerships in the second quarter of were used to purchase hybrids, “suggesting that owners aren’t just leaving Tesla but stepping back from EVs altogether.” Meanwhile, TransUnion noticed the average amount financed to complete a deal for a new hybrid in Q2 rose by 7.2% year-over-year, based on the data analysts had available for the quarter and detailed in its Q2 2026 Credit Industry Insights Report (CIIR). For used hybrid financing, TransUnion determined the year-over-year increase in Q2 was even more noticeable at 10.1%. “The big story right now is that hybrids are delivering the sweet spot consumers are looking for,” said Jessica Caldwell, head of insights at Edmunds. “As the math on EVs shifted following the federal tax credit ending, legacy automakers stepped in to catch shoppers who want efficiency without pure-battery commitments. Seeing experienced EV owners make that pivot tells you a lot about the current state of the overall market, not just Tesla.” Subscribe to Auto Remarketing to stay informed and stay ahead. By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our