Used EV Prices 2026: $37,832 Average Listing

The average used electric vehicle listed for $37,832 in July 2026, up 8.3% from a year earlier, according to Cox Automotive’s July EV Market Monitor. That is still about $18,300 below the $56,126 average transaction price of a new EV in the same month (our arithmetic). Used EV prices are running above last year’s levels, not below them. Two things sit in the background: Recurrent’s September 30 report says the federal used-EV tax credit ended on September 30, 2025, and it puts the national gas average at $4.46 a gallon. Neither source says these caused the price rise, so treat them as context.

Close-up of an electric car being charged at a public charging station

What the Latest Numbers Say

These figures come from pages we opened. Different trackers measure listing prices, transaction prices and sales in different ways, so they will not line up exactly.

MeasureFigureSource
Average used EV listing price, June 2026$38,342 (up 7% from a year earlier)Cox Automotive EV Market Monitor, June
Average used EV listing price, July 2026$37,832 (down 1.2% from June, up 8.3% from a year earlier)Cox Automotive EV Market Monitor, July
Used EV listing price, the next month$37,441, about 8% above August 2025Recurrent, citing Cox Automotive data
Used EV sales, July 202636,810 units (up 10.1% year over year)Cox Automotive
Used EV days’ supply, July 202646 days (up 13.6% year over year)Cox Automotive
Used EV premium over comparable gas cars, July 2026$2,967 (down from $3,344 in June)Cox Automotive
New EV average transaction price, July 2026$56,126Cox Automotive
New EV incentives, July 202611.8% of price, about $6,626 per vehicleCox Automotive
New EV sales, July 202677,266 units, down 41.5% year over yearCox Automotive

Two patterns stand out. New EV sales fell sharply from a year earlier while used EV sales grew, so more shoppers are buying EVs second-hand. Supply is also loosening: days’ supply rose to 46 days, which gives buyers a little more room to negotiate than they had in the spring.

Prices by Model

Recurrent’s September 30 report tracked specific model years from June to September. The averages below are Recurrent’s own listing data.

ModelJune averageSeptember averageChange
2020 Tesla Model Y$25,629$26,363up 2.9%
2023 Hyundai IONIQ 5$27,595$28,231up 2.3%
2024 Hyundai IONIQ 5$27,271$27,729up 1.7%
2024 Hyundai IONIQ 6$25,702$27,165up 5.7%
2026 Tesla Model Y$46,885$47,732up 1.8%

Recurrent also listed the fastest-selling used EVs by median days to sell. The Chevrolet Bolt EV moved in 13 days at a median price of $17,990, the Audi e-tron in 15 days at $25,790, the Tesla Model Y in 15 days at $33,490 and the Chevrolet Equinox EV in 16 days at $28,390. The F-150 Lightning (16 days, $47,590) and Silverado EV (16 days, $50,490) show that big electric trucks still sell quickly even at high prices.

More than half of used EV inventory is listed under $30,000, and Tesla accounts for about 45% of used EV listings, per the same report. If you want a mainstream price, that is the band to shop.

Row of pre-owned cars lit up on a dealership lot at night

Why a Used EV Costs What It Does

A used EV is not a cheap car just because it is used. Kelley Blue Book, citing Cox Automotive’s August data, says new EVs can lose 35% to 40% of their value in the first year and retain roughly 45% to 50% after five years, depending on remaining battery warranty. That first-year drop is where the used buyer saves money.

Our arithmetic on Cox’s July numbers: a used EV listing at $37,832 is about 67% of a new EV’s $56,126 transaction price. A buyer who skips the first owner’s depreciation saves roughly a third, but only if the car’s battery is in good shape. For a full ownership comparison against a gas car, see our EV vs gas cost guide.

The Battery Question

The battery is the part buyers worry about most. AAA’s battery replacement page puts a full pack at $5,000 to $20,000 or more, with typical ranges by pack size:

Pack sizeAAA’s estimated replacement cost
Small (20-30 kWh)$4,000-$9,000
Mid-size (40-60 kWh)$7,000-$14,000
Large (75-100 kWh)$10,000-$18,000
Flagship (100+ kWh)$15,000-$25,000+

AAA adds labor of $1,000 to $3,000 or more, and says refurbished packs can run 30% to 50% below a new factory battery. On replacement frequency, AAA cites an estimated 2% of 2017-2021 EVs needing a replacement and 0.3% of 2022-and-newer EVs. Warranties usually run eight to 10 years or up to 100,000 miles and cover a drop below 70% of original capacity.

Put those into context with our arithmetic: a $15,000 pack on a car you bought for $37,832 would be about 40% of the purchase price. That is a rare event for most buyers, but it is the reason to check warranty status before you sign. A car bought at 4 years old with 8-year coverage still has about 4 years of protection, and a car near 100,000 miles may have little left.

Check Before You Buy

Run through these steps on any used EV:

  1. Ask for a battery health report or state-of-health reading, not just the dash range estimate.
  2. Confirm the remaining battery warranty from the manufacturer using the VIN.
  3. Check which charging connector and charging speed the car supports.
  4. Price the car against comparable gas models, since Cox’s July data shows a $2,967 average premium.
  5. Get an insurance quote first. Our EV insurance cost guide explains why EV premiums run differently.

How to Spend Less

  1. Look at the sub-$30,000 band. Recurrent reports more than half of listings fall under $30,000, with Bolts and older Model Ys sitting well below the $37,832 average.
  2. Buy where supply is long. Days’ supply rose 13.6% year over year, which usually means more negotiating room.
  3. Compare against a hybrid. If you do not have home charging, our hybrid break-even guide may show a cheaper path.
  4. Price home charging. Fuel savings only count if you charge cheaply. See the EV home charging cost guide.
  5. Negotiate with the warranty in hand. A car with 5 or more years of battery coverage left is worth more than one with 1 year left.
  6. Run the full numbers. Use the car cost of ownership calculator with your own mileage, insurance and loan terms. For loan context, see the average car payment guide.

FAQ

What is the average price of a used EV in 2026?

Cox Automotive reported an average listing price of $37,832 in July 2026, up 8.3% from a year earlier. Recurrent, citing Cox data, put the next month at $37,441.

Are used EVs cheaper than used gas cars?

No, on average. Cox Automotive’s July 2026 data shows used EVs carried a premium of $2,967 over comparable gas vehicles, down from $3,344 in June.

How much does an EV battery replacement cost?

AAA estimates $5,000 to $20,000 or more for a full pack, plus $1,000 to $3,000 or more in labor. Refurbished packs can cost 30% to 50% less than new factory batteries.

How long is an EV battery warranty?

AAA says warranties typically run eight to 10 years or up to 100,000 miles, whichever comes first, and cover a drop below 70% of original capacity. Check the terms for the specific car.

Is the used EV tax credit still available?

Recurrent’s September 2026 report states the federal used EV tax credit ended on September 30, 2025. We do not give tax advice, so check current rules with a tax professional.