Categories
News

Non-Tesla Used EVs Drop In Value By About $1,000 – CleanTechnica

Source link : https://tech365.info/non-tesla-used-evs-drop-in-value-by-about-1000-cleantechnica/

Assist CleanTechnica’s work via a Substack subscription or on Stripe.

Since Republicans in Congress and Donald Trump determined to kill all federal shopper EV subsidies, together with the $4,000 tax credit score for purchasing a used EV, there have been questions in regards to the outcome on gross sales and the outcomes on pricing. Within the case of used EVs, would costs come down? Would they arrive down by $4,000? Or would dropping the subsidy actually harm? Properly, the outcomes are type of difficult.

iSeeCars has carried out an in depth evaluate of the used car market, trying on the listing costs of 1.7 million automobiles 1 to five years outdated in age in addition to 4 million new vehicles. The time intervals they used had been September 2025 and January 2026.

Non-Tesla used EV costs have come down by about 3.6% on common, from $24,629 to $23,738. (In the meantime, additionally notice that used fuel automotive costs dropped by 2% in the identical timeframe.)

Nevertheless, within the case of Tesla, which accounts for greater than half of the market, listing costs rose by 4.3%, going from $30,040 to $31,329.

There are a lot of potential explanations for each of those developments. I’m not going to delve into all of them, however simply contemplating that eradicated $4,000 subsidy, one can assume that it was actually useful for promoting extra used EVs.

Curiously, used Tesla Mannequin S and Mannequin X costs jacked up lots. Tesla has now introduced that two…

—-

Author : tech365

Publish date : 2026-02-24 04:17:00

Copyright for syndicated content belongs to the linked Source.

—-

12345678