On the Dash:
- Used Tesla values rose 4.3% while non-Tesla used EVs fell 3.6%, signaling brand-driven pricing resilience.
- Used EV market share dropped 20.0%, indicating softer consumer demand post-credit.
- Mainstream new EV prices declined by 2.3%, while ICE prices rose by 2.5%, widening the pricing divergence.
Used Tesla prices climbed 4.3% in the four months after the federal EV credit expired on September 30, 2025, even as prices for the rest of the used EV market fell 3.6%, according to an iSeeCars study analyzing pricing trends through January 2026.
The study examined the list prices of more than 1.7 million 1- to 5-year-old used cars and more than 4 million new vehicles sold in September 2025 and January 2026. Tesla’s new-vehicle pricing was not included because the data is not publicly available.
Overall, average used EV prices rose from $29,637 in September 2025 to $30,666 in January 2026, a 3.5% increase. In contrast, used internal combustion vehicles declined from $31,900 to $31,249, a 2.0% drop.
Tesla largely drove the gains in used EV prices. Used Teslas increased from an average of $30,040 in September to $31,329 in January, a 4.3% rise. All other used EVs, excluding the Porsche Taycan, fell from $24,629 to $23,738, a 3.6% decline.
At the model level, Tesla Model S prices jumped 8.5%, from $47,226 to $51,249, while Model X climbed 10.3%, from $51,973 to $57,306. Model 3 rose 2.6%, and Model Y gained 1.3%. Meanwhile, mainstream EVs posted declines, including the Hyundai Kona Electric, down 6.4%; the Volkswagen ID.4, down 6.2%; the Kia Niro EV, down 5.2%; and the Ford Mustang Mach-E, down 5.1%.
The used EV market share also fell sharply. EVs accounted for 3.5% of used vehicles aged 1 to 5 years in September 2025 but dropped to 2.8% in January 2026, a 20.0% decrease. During the same period a year earlier, the used EV share had increased 19.5%.
On the new-vehicle side, average EV prices, excluding Tesla, declined 2.3%, from $63,327 to $61,860. New internal combustion vehicles rose 2.5%, from $46,290 to $47,427, highlighting a widening pricing gap between the two drivetrain types.
