Experian finds hybrid financing jumps as EV demand cools

On the Dash: Hybrids hit 16.80% of new vehicle financing in Q2, up from 12.99% last year Hybrid loans carry the lowest average monthly payment at $646, beating EVs and gas vehicles Refinancing saved consumers $83 a month on average as rates declined According to Experian‘s State of the Automotive Finance Market Report, hybrid vehicles accounted for 16.80% of new vehicle financing in the second quarter of 2026, up from 12.99% a year earlier, while EV market share fell over the same period, dropping to 8.15% from 9.21%. The report highlights that the shift is driven by ongoing gas price pressures on household budgets. Hybrids had the lowest average monthly payment…

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