Used Tesla models face 4.3% price hike as EV market falls 

Four months after the EV credit ended on September 30, 2025, used Tesla prices increased while nearly every other used EV declined.

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.

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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.