EVs charging in Austin, TX, 2023. Editorial credit: Roschetzky Photography / Shutterstock.com.

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Used EV Prices Are On The Rise

Written By: CarPro | Nov 3, 2026, 5:03:07 PM

Used electric vehicles are getting more expensive and spending less time waiting for buyers, according to a new study from iSeeCars. While gasoline-powered vehicles have barely budged in price over the past year, used EVs have posted a nearly double-digit increase and now sell almost two weeks faster than their gasoline counterparts.

Our thanks to the research team at iSeeCars for its detailed analysis of this changing market. Its October 28 report examined more than 1.5 million used vehicles between one and five years old, comparing average advertised prices and selling times in September 2026 with September 2025. The findings show a substantial reversal for used EVs, although the results vary considerably by model.

THE PRICE GAP HAS FLIPPED

The average used EV price reached $32,533 in September, an increase of $2,896, or 9.8%, from a year earlier. Used hybrids also became more expensive, climbing $1,625, or 4.9%, to an average of $34,476.

Gasoline-powered vehicles experienced considerably less movement. Their average price increased just $90, or 0.3%, to $31,954.

That means used EVs went from costing an average of $2,227 less than gasoline vehicles in September 2025 to costing $579 more this September. Hybrids remained the most expensive of the three categories, averaging $1,943 more than EVs and $2,522 more than gasoline models.

Karl Brauer, executive analyst at iSeeCars, attributed the changing market partly to higher fuel prices. He also said the EV segment has recovered from the disruption in demand associated with the loss of federal incentives a year earlier.

These figures represent average advertised prices in the study, rather than individual vehicles gaining that much value.

EVs ARE MOVING MORE QUICKLY

The difference in selling speed was equally striking. Used EVs averaged 41.9 days on the market in September, down from 46.6 days a year earlier. That represents a 10.1% reduction in selling time.

Gasoline vehicles went the other direction. Their average time on the market increased from 45.7 days to 54.8 days, a 19.9% increase. After selling slightly faster than EVs a year earlier, gasoline models now took an average of 12.9 days longer to find buyers.

Hybrids averaged 48.6 days, a modest improvement from 49.2 days in September 2025.

THE FASTEST SELLER STILL BURNS GAS

Despite the broader improvement for electrified vehicles, the fastest-selling individual model was the gasoline-powered Lexus IS 500. It averaged just 24.3 days on the market, compared with 53.4 days for used vehicles overall.

The Audi A4 Allroad finished second at 29.5 days, followed by the electric Audi Q4 Sportback e-tron at 29.8 days. The Honda Civic Hybrid hatchback ranked fourth at 30.9 days, and the Lexus ES 300h followed at 33.1 days.

Three EVs finished among the 10 fastest-selling used vehicles: the Audi Q4 Sportback e-tron, Toyota bZ4X and Lexus RZ 300e.

However, a hybrid badge did not guarantee a quick sale. The three slowest-selling vehicles overall were the Ford Escape Plug-In Hybrid at 154.5 days, Lincoln Corsair hybrid at 142.4 days and Mercedes-Benz S-Class hybrid at 129.4 days.

SOME ELECTRIC VEHICLES STILL LINGER

Large electric SUVs and pickups were prominent among the slowest-selling EVs. The Cadillac Escalade IQ averaged 128.7 days on the market, more than three times the EV average. The GMC Sierra EV averaged 93.2 days, followed by the Chevrolet Silverado EV at 89.1 days.

Brauer’s assessment was that higher fuel prices are helping appealing used EVs, but cannot overcome weak demand for individual models.

TESLA PRICES POST BIG INCREASES

Tesla accounted for three of the five largest percentage price increases across all used vehicles studied. The Model S rose 22.5% to an average of $57,862, while the Model X increased 18% to $61,309. The Model 3 climbed 15.4% to $28,931.

The BMW X2 led the overall ranking with a 24.3% increase. By comparison, average prices across all used vehicles rose just 0.9%.

There were declines, too. The Chrysler Voyager recorded the largest percentage decrease, falling 17.3% to $22,466. The Lincoln Corsair hybrid dropped 9%, while the Jeep Wrangler declined 7.1%.

According to iSeeCars, September marked the sixth consecutive month of year-over-year price increases for used EVs, following declines during the first three months of 2026. The research documents stronger demand for used electrified vehicles, while also showing why individual model results deserve as much attention as the overall averages.

Source: iSeeCars’ October 28, 2026, used hybrid and electric vehicle pricing study. We appreciate iSeeCars and executive analyst Karl Brauer for making this research and analysis available. 

Photo: Editorial credit: Roschetzky Photography / Shutterstock.com. EVs charging in Austin, TX, 2023.

 

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