As for specific vehicles, the biggest gainer on the second-hand market was
, which sold for an average of $28,787 in July 2022. That was a year-over-year increase of 45 percent, or $8,930, over 2021., meanwhile, was the most affordable used EV on the road in July 2022, with average prices rising 29.3 percent to $28,291. All four Tesla models also saw prices increase, led by the Model S.was the only EV whose used values decreased in July 2022, with prices falling by $5,042, to $138,033. That amounts to a decrease of 3.5 percent.
“More and more affordable new electric vehicles are entering the market, which means that used EVs won’t be as much of a novelty, especially once supply chain issues begin to improve,” said Brauer. “While prospective used car buyers will see steep price increases for EVs in the short term, it’s important to be patient because used EV prices are expected to decline in the coming months.”
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