Monday, July 14, 2025
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
Happy With Car
No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS
Happy With Car
No Result
View All Result
Used Car Prices Are Spiking, Except For EVs

Used Car Prices Are Spiking, Except For EVs

by admin
June 14, 2025
in Market
0 0
0
Share on FacebookShare on Twitter



Every part is getting costlier, and that features used vehicles. Costs spiked throughout the COVID-19 pandemic and solely began to fall final 12 months. Nonetheless, new knowledge signifies used automotive costs are undoubtedly starting to creep again up. The typical one- to five-year-old used car bought for $32,317 final month.

That’s up 2.0 p.c in comparison with Might 2024, or $630 on common, in accordance with the brand new iSeeCars report. Which may not seem to be a lot, however common used automotive costs elevated by 1.0 p.c and 1.8 p.c in March and April, respectively, indicating an upward pattern after a 12 months of regular decreases. The typical used automotive bought for $29,651 in December 2024.

SectionAve. Might 2025 Value$ Distinction YoY% Distinction YoY
Total Used Vehicles$32,317$6302.0%
Vehicles$39,880$6331.7%
SUVs$32,880$1,3544.3%
Passenger Vehicles/Minivans$27,292-$555-2.0%
Hybrids$30,702$5381.8%
EVs$31,110-$2,993-8.8%

Nonetheless, used electrical car costs are nonetheless struggling. They have been down 8.8 p.c final month in comparison with Might 2024, promoting for a median of $31,110, or $2,993 lower than earlier than.

That’s a drastic distinction in comparison with the general used section, however an enchancment in comparison with the almost 30 p.c worth drop that used EVs skilled final June. Regardless of that, used EV costs have been above $31,000 since January, in accordance with iSeeCars’ knowledge, up from a current low of $27,345 six months in the past.

Tesla Value Wrestle

Main the automobiles with the most important year-over-year worth drops are a pair of Teslas—the Mannequin S and Mannequin Y. They skilled worth drops of 16.0 p.c and 14.2 p.c, respectively, promoting for a median of $45,503 and $29,786 in Might. The Mannequin X and Mannequin 3 additionally made the highest ten, with Tesla accounting for 4 of the 5 EVs on the checklist. One other EV is the Porsche Taycan, with costs down 12.7 p.c final month.

Massive Value Jumps

With used automotive costs spiking, some fashions noticed greater will increase in comparison with others final month. Costs for the BMW 4 Collection have been up almost 20 p.c in Might, with examples promoting for $6,649 greater than they did in Might 2024. Infiniti QX60 costs additionally elevated by 16.5 p.c. Porsche 718 Boxster costs elevated by 15.7 p.c, whereas Cayman costs jumped by 15.7 p.c.

Used Chevrolet Trax costs additionally rose. They’re up 15.5 p.c, with consumers paying round $2,600 greater than a 12 months in the past. That is seemingly a results of elevated demand for reasonable, reasonably priced automobiles, a pattern that’s showing throughout the business whilst costs proceed to rise.



Source link

Tags: CarEVsPricesSpiking

Related Posts

The Kia K5 Just Got a Little Bit More Expensive for 2026
Market

The Kia K5 Just Got a Little Bit More Expensive for 2026

July 10, 2025
Range Rover’s New Logo Is Goofy As Hell
Market

Range Rover’s New Logo Is Goofy As Hell

July 9, 2025
Ford’s Newest Incentive Is Even Better Than Employee Pricing
Market

Ford’s Newest Incentive Is Even Better Than Employee Pricing

July 11, 2025
Slate’s Truck Probably Won’t Cost Under ,000
Market

Slate’s Truck Probably Won’t Cost Under $20,000

July 7, 2025
More Power, More Driven Wheels, More Money
Market

More Power, More Driven Wheels, More Money

July 2, 2025
The BMW M5 Wagon Is Already Getting More Expensive
Market

The BMW M5 Wagon Is Already Getting More Expensive

June 28, 2025
Load More
Next Post
The Ford Mustang GTD Is Even More Expensive Than We Thought

The Ford Mustang GTD Is Even More Expensive Than We Thought

New-gen BMW iX3 prototype testing in France

New-gen BMW iX3 prototype testing in France

Categories

  • Auto News (3,407)
  • Automative Reviews (1,928)
  • Car Brands (2,054)
  • Insurance (3,427)
  • Market (1,603)
  • New Cars (2,152)
  • Technology (2,024)
  • Videos (2,131)
Happy With Car

Find the latest automotive news. Read car news from the auto industry including auto shows, latest vehicles, future cars and more.

Categories

  • Auto News
  • Automative Reviews
  • Car Brands
  • Insurance
  • Market
  • New Cars
  • Technology
  • Videos

Recent News

  • Discover Dylect’s Innovative Smart Dashcams to Enhance Road Safety in India, ET Auto
  • Hyundai unleashes Ioniq 6 N at Goodwood FOS
  • HCLTech collaborates with Astemo Cypremos to drive autonomous vehicle ecosystem, ET Auto
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Happy With Car

No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS

Copyright © 2020 Happy With Car

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In