Used Teslas are rising in price while other EVs are getting cheaper in curious trend
Published on Feb 27, 2026 at 9:52 AM (UTC+4)
by Molly Davidson
Last updated on Feb 27, 2026 at 9:52 AM (UTC+4)
Edited by
Molly Davidson
Used Tesla prices are rising while most other EVs are getting cheaper, and it’s a twist few people saw coming.
You’d think the end of generous federal incentives would drag everything down together.
Instead, the market has split in two.
And Tesla is sitting on the opposite side of the line.
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Used Tesla prices are rising while other EVs get cheaper
A new report from iSeeCars shows used Tesla prices have climbed 4.3 percent since the federal EV tax credit ended on September 30, 2025.
On average, a used Tesla now costs $31,329.
A few months ago, it was just over $30,000.
Some models have jumped even more.
A used Model 3 that’s one to five years old is up 2.6 percent.
The Model Y is up 1.3 percent.
But the bigger cars are where it gets interesting.
The Model X has shot up 10.3 percent and now sits above $57,000.
The Model S is up 8.5 percent to around $51,000.
Meanwhile, other electric cars are heading the opposite direction.
Used Ford Mustang Mach-E and Volkswagen ID.4 models are at least 5 percent cheaper than they were last fall.
A Hyundai Kona Electric now averages under $20,000, which is basically half the price of some Teslas.
So why the split?
iSeeCars Executive Analyst Karl Brauer explained that higher-priced vehicles often sell to buyers who aren’t as worried about price swings.
In simple terms, people shopping for a Model X aren’t panicking over a few thousand dollars.
For more mainstream EV buyers, though, losing up to $4,000 in government credits mattered a lot.
You could call it brand power.
You could call it the ‘Tesla premium.’
Either way, used Teslas aren’t following the crowd.
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The EV tax credit ended and the market is still reacting
When the federal government ended the EV tax credit on September 30, things changed fast.
Both new and used EV sales dipped.
New EV prices have dropped 2.3 percent, especially for models like the Chevrolet Equinox EV and Hyundai Ioniq 5, which were repriced to stay competitive.
There’s also bigger stuff going on.
The economy feels uncertain, some buyers are waiting for new electric cars from Ford and startup Slate Auto next year, and Tesla has confirmed the Model S and Model X will stop production by mid-2026.
When cars get discontinued, used prices can sometimes rise because people think they’re becoming rare.
Later this year, more two- and three-year-old EVs are expected to hit the used market, which could shake things up again.
For now, though, it’s pretty simple: most used electric cars are getting cheaper.
Used Teslas aren’t.
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With roles at TEXT Journal, Bowen Street Press, Onya Magazine, and Swine Magazine on her CV, Molly joined Supercar Blondie in June 2025 as a Junior Content Writer. Having experience across copyediting, proofreading, reference checking, and production, she brings accuracy, clarity, and audience focus to her stories spanning automotive, tech, and lifestyle news.
