How Have Used Electrical Automobile Costs Modified Put up–$4,000 Tax Credit score?

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I wrote a handful of articles earlier than the US EV tax credit ended pondering what would occur to used EV costs after they have been gone, and asking you readers to chime in together with your ideas. We received every kind of attention-grabbing responses. Costs may drop significantly as a result of $4,000 used EV tax credit score going away, or they may rise as a result of the $7,500 tax credit score for brand spanking new EVs could be gone (pushing extra folks to the used market, rising demand), or they may drop as a result of rush to purchase EVs earlier than October and rather more restricted demand, or … effectively, there have been loads of arguments for why they may go up or down. Now it’s time to begin doing a little comparisons.

Properly earlier than the tax credit ended, in late February, I went and searched out a number of the finest offers I may discover on Autotrader. There isn’t any good comparability to the vehicles I discovered then, since there are no less than small variations throughout each used automobile — in addition to the truth that even vehicles which are the identical mannequin yr at the moment are 9 months older. Anyway, although, I attempted to seek out fashions near what I had discovered earlier than. Let’s see how issues modified. (I like to recommend opening the older article subsequent to this one so as to have the ability to swap forwards and backwards for extra comparisons.)

Volkswagen ID.4

Beginning with the Volkswagen ID.4, in February I discovered a 2021 Volkswagen ID.4 Professional S in my space with 27,844 miles on it for simply $21,495. Wanting at this time, listed here are some related autos I discovered on Autotrader:

So, this primary automobile has about 20,000 extra miles on it, however it’s the similar trim (Professional S) and yr (2021). The associated fee is $5,000 decrease, although.

This one is extra much like the unique, because it’s additionally a 2021 Professional S however it’s 10,000 miles nearer, really having virtually 10,000 fewer miles on it than the one I discovered in February. On this case, the value continues to be decrease (regardless of decrease mileage), however nearly $1,500 decrease.

This selection has about 10,000 miles greater than the unique, but it surely’s a Professional relatively than Professional S trim. (Huge distinction for patrons? I don’t know, however I doubt it.) The automobile is sort of $5,000 cheaper than the one I discovered in February! And it additionally comes with the ID.4 Safety Bundle.

So, any broad conclusions? Properly, you will get some used automobile choices in the intervening time which have an upfront worth that’s a number of thousand {dollars} decrease than in February. That appears notable.

Hyundai IONIQ 5

one other mannequin, right here’s what I wrote in February: “There are a a number of Hyundai IONIQ 5 choices simply above $25,000, however if you would like that $4,000 tax credit score, there’s only one Hyundai IONIQ 5 beneath that worth. That will be a 2022 Hyundai Ioniq 5 SE w/ Cargo Bundle … with 42,363 miles on it. However, with a worth of simply $19,995 earlier than the tax credit score, that’s a depraved whole lot.”

So, what’s out there now? Listed here are three choices I discovered:

This automobile is identical yr because the one I discovered earlier in 2025, is an SEL as an alternative of an SE, and has 37,000 miles as an alternative of 42,000, amongst different small variations. Nevertheless it prices ~$16,000 as an alternative of ~$20,000. That’s principally a straight $4,000 lower!

If we go up a bit bit when it comes to mannequin yr, from 2022 to 2023 — however, admittedly, choose a automobile with about 80 miles much less vary (but in addition greater than 20,000 fewer miles on it) — we discover an choice with about the identical worth because the February discover.

And right here’s a 2023 mannequin with extra vary and extra miles on the clock however coming in at a good $20,000.

Kia EV6

Final however not least, let’s take a look at some Kia EV6 choices. Right here’s what I wrote in February: “I discovered just a few fashions beneath $25,000, and several other with extra miles simply above that marker, however right here’s the one I’d spotlight: 26,090 miles, 2022 Kia EV6 Wind, for simply $21,998. Sure, please!”

This 2022 Kia EV6 Wind has a bit extra mileage on it and is pink, however is in any other case similar to the unique discover in February. Because it seems, the value is sort of the identical as effectively, costing nearly $600 extra. That breaks the development from above of prices coming down, although.

This 2022 EV6 Wind has extra miles on it however does are available in significantly cheaper, about $3,000 cheaper than the February low-price discover.

And right here’s one other mannequin with about twice as many fashions as my unique discover however costing about $2,000 much less. Once more, it’s additionally one mannequin yr youthful, however in any other case very related.

Final however not least, this automobile’s worth is precisely the identical because the one present in February! Variations embrace: it’s a Gentle relatively than a Wind (that means 80 fewer miles of vary when new), it’s white as an alternative of gray (yay!), and it has about 12,000 fewer miles on the odometer. Hmmm.

What do you consider these used electrical automobile choices in comparison with the February choices? And what do you assume is coming for this market?