Thinking of selling your Tesla? The used car values are dropping

Used shoppers can get a deal on electric cars (EV), where a new report notes that EV prices have decreased during the past year, with the low prices of Tesla used more than other brands.

A study by ISEECARS found that the average price of a car used from 1 to 5 years old decreased slightly last year by a decrease of 0.8 %, which reaches $ 239, a decrease in prices from February.

On the contrary, the EV prices used by 15.1 % last year, which reaches a decrease in the price of $ 5,709. This continues in the direction that dates back during the past six months, with the price of EV decreased by 15 % to 20 %.

Among the various brands included in the poll, the Tesla vehicles used the largest decrease in prices on an annual basis, a decrease of $ 5.013, or 13.6 %. This was several percentage points larger than the rest of the largest five decrease in prices, Maserati (10.6 %), Chrysler (7.6 %), Chevrolet (6.5 %) and composition (4.8 %).

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Tesla witnessed the largest price decrease for cars used in the ISECARS study. (Jeff GRITHEN/MediaNews Group/Orange County Record via Getty Images/Getty Images)

“Many prevailing and distinguished brands had significant declines in car prices over the past year, in terms of percentage,” said Karl Praor. “But Tesla and Meserati just lost more than $ 5,000 in dollars.”

Among the used EV models that were analyzed in the study, Porsche Taycan witnessed more prices than others, as it decreased by 26.5 % with an average price of $ 73,976. Tesla models used in second and third ranked, as models prices decreased by 16.2 % to 49,366 dollars, and the price of the Y Model decreased by 15.9 % to 31,247 dollars.

“The electric shoppers are using a car with less than $ 25,000 now many options, including Nissan -Lev, with an average price of less than 17,000 dollars,” said Praire.

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Evs includes other use of $ 25,000 on average Hyundai Kona at $ 20,329 after prices drop by 13.4 % and Kia Niro at $ 21758 after a decrease of 12.3 %. Tesla Model 3 is located near this level, it comes at an average price of $ 26,354 after a decrease of 13.5 %.

Both used cars with gas and hybrid cars have witnessed the stability of much larger prices than the EVS used over the past year, with a very modest decrease in the study.

The price of an average hybrid vehicle decreased by only 0.5 % from last year, with a decrease of $ 156 to the average price of $ 29881. The internal combustion engine vehicles used a 0.5 % decrease compared to last year, as a decrease of $ 153 to $ 31281.

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“It is not easy to find a lot in the used car market today,” said Praire. “But if the electric car can serve the personal transport needs, most of the models used dramatically decreased over the past year, especially compared to gas and hybrid models.”