Highlights:
- Used EV prices rose 7.4% year over year in June, while overall used car prices fell by 1.3%
- Used EV prices have risen for three consecutive months, with prices up 2.7% year over year in April, 5.2% in May, and 7.4% in June
- Five EVs rank among the 20 used models with the largest price increases, including all four Tesla models (X, 3, S, Y)
- No EVs appear among the 20 used car models with the biggest price drops
The average price of a 1- to 5-year-old used EV reached $33,305 in June, up $838 from May and $2,308 from June 2025. That’s a 7.4% increase from a year earlier, even as the average used vehicle price dropped by $412, down 1.3% from a year earlier.
The latest iSeeCars study analyzed over 1.8 million 1- to 5-year-old used cars sold in June 2025 and 2026, comparing average listing prices of each model between the two periods.
“A shopper who delayed buying a used electric vehicle this spring may now face a noticeably higher price, even as the broader used car market remains flat or down,” said iSeeCars Executive Analyst Karl Brauer. “While gas prices surged in March at the start of the Iran conflict, it took about a month of sustained high prices before used car shoppers shifted back toward EVs.”
Used EV prices break away from the broader market
Average used EV prices climbed 2.7% year over year in April to $31,984, followed by a 5.2% increase in May to $32,467, and a 7.4% increase in June to $33,305. That represents a swing of 10.8 percentage points from March, when used EV prices were still down 3.4% year over year.| Change in 1- to 5-Year-Old Used EV Prices - iSeeCars Study | |||
| Month | Avg. Price | $ Difference Year-over-Year | % Difference Year-over-Year |
| June 2026 | $33,305 | $2,308 | 7.4% |
| May 2026 | $32,467 | $1,602 | 5.2% |
| April 2026 | $31,984 | $852 | 2.7% |
| March 2026 | $30,535 | -$1,061 | -3.4% |
| February 2026 | $30,765 | -$1,063 | -3.3% |
| January 2026 | $30,666 | -$546 | -1.7% |
| December 2025 | $30,809 | $325 | 1.1% |
| November 2025 | $31,285 | $518 | 1.7% |
| October 2025 | $32,134 | -$517 | -1.6% |
| September 2025 | $30,257 | -$1,748 | -5.5% |
| August 2025 | $30,227 | -$511 | -1.7% |
| July 2025 | $30,594 | -$408 | -1.3% |
“Used electric vehicle prices have now risen three months in a row. With three consecutive months of higher year-over-year growth, there’s no indication they won’t keep rising,” said Brauer.
Used car prices lag even as EVs take off
The overall used car market followed a different pattern. Average prices fell 2.1% year over year in April to $32,055, were flat in May at $32,794, and declined 1.3% in June to $32,395. Over those same three months, used EV prices moved from a 2.7% year-over-year increase to a 7.4% increase.| Change in 1- to 5-Year-Old Used Car Prices - iSeeCars Study | |||
| Month | Avg. Price | $ Difference Year-over-Year | % Difference Year-over-Year |
| June 2026 | $32,395 | -$412 | -1.3% |
| May 2026 | $32,794 | $8 | 0.0% |
| April 2026 | $32,055 | -$694 | -2.1% |
| March 2026 | $31,486 | -$667 | -2.1% |
| February 2026 | $30,799 | -$1,018 | -3.2% |
| January 2026 | $31,266 | -$960 | -3.0% |
| December 2025 | $30,343 | $495 | 1.7% |
| November 2025 | $30,542 | $404 | 1.3% |
| October 2025 | $31,116 | -$14 | 0.0% |
| September 2025 | $31,372 | $556 | 1.8% |
| August 2025 | $31,365 | $924 | 3.0% |
| July 2025 | $31,770 | $1,146 | 3.7% |
“Compared to the first half of 2025, used car prices were down for five of the first six months of 2026, and were flat the other month, suggesting the overall used car market is softening even as EVs see increased demand,” said Brauer.
All four Teslas rank in the top 10 used cars with the largest price increases
All four used Tesla models rank among the 10 vehicles with the largest year-over-year price increases in June. The Model X led the market, rising 17.5%, or $9,066, to an average price of $60,950. The Model 3 ranked fifth with a 13.5% increase, bringing its average price to $28,520. The Model S ranked seventh after rising 13.1% to $52,787, while the Model Y placed ninth with a 12.0% increase to $32,916.| Top 20 Used Cars With the Largest Price Increases: June 2026 - iSeeCars Study | ||||
| Rank | Model | Avg. Price | $ Difference Year-over-Year | % Difference Year-over-Year |
| 1 | Tesla Model X | $60,950 | $9,066 | 17.5% |
| 2 | BMW X2 | $33,956 | $5,035 | 17.4% |
| 3 | MINI Countryman | $30,535 | $4,231 | 16.1% |
| 4 | Ford Mustang (convertible) | $32,524 | $4,025 | 14.1% |
| 5 | Tesla Model 3 | $28,520 | $3,388 | 13.5% |
| 6 | Alfa Romeo Giulia | $30,320 | $3,591 | 13.4% |
| 7 | Tesla Model S | $52,787 | $6,116 | 13.1% |
| 8 | Honda Pilot | $37,301 | $4,172 | 12.6% |
| 9 | Tesla Model Y | $32,916 | $3,529 | 12.0% |
| 10 | Lexus ES 300h | $43,057 | $4,365 | 11.3% |
| 11 | INFINITI QX80 | $48,756 | $4,871 | 11.1% |
| 12 | Lexus ES 350 | $41,289 | $4,102 | 11.0% |
| 13 | Hyundai Santa Fe Hybrid | $33,619 | $3,255 | 10.7% |
| 14 | Cadillac CT5 | $36,613 | $3,479 | 10.5% |
| 15 | MINI Hardtop 2 Door | $27,428 | $2,587 | 10.4% |
| 16 | Acura TLX | $35,470 | $2,929 | 9.0% |
| 17 | Porsche Taycan | $85,147 | $6,947 | 8.9% |
| 18 | Nissan Murano | $27,917 | $2,212 | 8.6% |
| 19 | Nissan Armada | $40,513 | $3,157 | 8.5% |
| 20 | Lexus IS 300 | $36,421 | $2,746 | 8.2% |
| Overall Average | $32,395 | -$412 | -1.3% | |
The steepest used car price drops exclude EVs
The absence of EVs from the list of used models with the largest price declines further reflects the shift in EV demand over the past few months. Those declines ranged from 14.7% for the Lincoln Corsair hybrid to 3.0% for the Mercedes-Benz S-Class. The list includes luxury vehicles, SUVs, pickups, gasoline models, and hybrids, but no EVs.| Top 20 Used Cars With the Largest Price Drops: June 2026 - iSeeCars Study | ||||
| Rank | Model | Avg. Price | $ Difference Year-over-Year | % Difference Year-over-Year |
| 1 | Lincoln Corsair (hybrid) | $37,312 | -$6,454 | -14.7% |
| 2 | Porsche 911 | $118,025 | -$14,063 | -10.6% |
| 3 | Audi Q5 (hybrid) | $36,890 | -$3,012 | -7.5% |
| 4 | Mercedes-Benz G-Class | $127,727 | -$9,927 | -7.2% |
| 5 | Audi A5 Sportback | $33,495 | -$2,495 | -6.9% |
| 6 | Ford Bronco | $45,341 | -$2,763 | -5.7% |
| 7 | Buick Encore GX | $21,038 | -$1,116 | -5.0% |
| 8 | Ford F-150 (hybrid) | $46,201 | -$2,299 | -4.7% |
| 9 | GMC Sierra 1500 | $45,426 | -$2,222 | -4.7% |
| 10 | Nissan Rogue | $22,401 | -$1,093 | -4.7% |
| 11 | Audi A6 | $34,872 | -$1,700 | -4.6% |
| 12 | Genesis GV80 | $44,892 | -$1,990 | -4.2% |
| 13 | Mercedes-Benz GLB | $30,863 | -$1,355 | -4.2% |
| 14 | Jeep Wrangler | $36,067 | -$1,479 | -3.9% |
| 15 | Volkswagen Atlas | $30,149 | -$1,044 | -3.3% |
| 16 | Audi Q5 Sportback | $37,189 | -$1,276 | -3.3% |
| 17 | Chevrolet Blazer | $26,706 | -$878 | -3.2% |
| 18 | Ford Explorer Hybrid | $29,979 | -$981 | -3.2% |
| 19 | Chevrolet Malibu | $18,619 | -$590 | -3.1% |
| 20 | Mercedes-Benz S-Class | $77,349 | -$2,371 | -3.0% |
| Overall Average | $32,395 | -$412 | -1.3% | |
For a shopper comparing a gasoline vehicle with an EV, higher pump prices change the calculation. When gasoline becomes more expensive, an EV can look more appealing to drivers with reliable home or workplace charging, particularly those with substantial annual mileage use.
Shoppers waiting for low-cost used electric vehicles should no longer assume the category is getting cheaper, but they also shouldn’t focus on EV pricing and fuel costs alone. Current market data, careful vehicle research, and a full ownership-cost comparison should be undertaken before committing to a specific drivetrain choice.
Methodology
iSeeCars analyzed over 1.8 million 1- to 5-year-old used cars sold in June 2025 and June 2026. The average listing prices of each model were compared between the two time periods, with the differences expressed as both a percentage difference from the 2025 price and a dollar difference. Heavy-duty vehicles, low-volume vehicles, vehicles discontinued as of the 2025 model year, and vehicles in production for fewer than four of the last five model years for each period were excluded from further analysis. About iSeeCars.com
