Published 11 days ago • loading... • Updated 8 days ago

Here’s Why Used EV Prices Are in Line with Pre-Owned Gas-Powered Cars

On October 22, 2025, used EV prices have fallen to levels competitive with pre-owned gas-powered cars, while new EVs after discounts often cost less than used ones, pressuring resale values for U.S. drivers.
Automakers are cutting prices and offering substantial lease incentives, while the expiration of federal tax credits spurred pull-ahead sales from buyers and lessees in recent months.
Cox Automotive data show the average new EV price was $58,124 and used EV listings averaged $34,575 in September, while Manheim reported used EV values rose more than 6%.
Lower used EV prices remove a major barrier to adoption, analysts say, while the market remains small but expanding as leases end and vehicles flood the used market.
Analysts note battery longevity as most EVs retain around 90% capacity after 10 years, and 2026 Nissan Leaf models will add cooling systems; prices may shift slightly in the coming months, analysts say.

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17 Articles

LA Daily News

+13 Reposted by 13 other sources

Center

Here’s why used EV prices are in line with pre-owned gas-powered cars

It’s unclear how the loss of tax credits will impact new vehicle prices.

8 days ago·Los Angeles, United States

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Hanford Sentinel

+2 Reposted by 2 other sources

Center

Here's why used EV prices are in line with pre-owned gas-powered cars

Heavy discounts on new electric vehicles and buyer skepticism about their durability continue to push down used EV prices, which experts say has opened up a traditionally pricey market to more U.S. drivers.

10 days ago

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