Key facts
- Used EV prices have risen over 5% since February due to Middle East conflict.
- Used EV sales are up 20% year-on-year, with supply at 38 days compared to 81 days for new EVs.
- Over 9,000 used EVs are available for sale in the $25,000 to $30,000 price range.
- Popular models with ample choice include Chevrolet Blazer EV, Equinox EV, Ford Mustang Mach-E, Hyundai Ioniq 5, and Tesla.
- Rarer finds in this price bracket include Genesis GV60, Ford F-150 Lightning Pro, Kia EV9, Mercedes-Benz EQS, Lucid Air, Audi e-Tron GT, and Porsche Taycan.
The used electric vehicle market is experiencing a surge in supply from ex-lease vehicles, yet prices have concurrently risen by over 5% since February, influenced by geopolitical events in the Middle East. Despite this, used EV sales have seen a significant 20% year-on-year increase, with inventory turnover much faster than for new EVs.
This edition of the used EV buying guide focuses on vehicles priced between $25,000 and $30,000, a segment featuring over 9,000 listings. The selection is categorized by availability, from abundant models to rare finds.
Models with substantial choice include the Chevrolet Blazer EV and Equinox EV, Ford Mustang Mach-E (including performance GT variants), Hyundai Ioniq 5 and Ioniq 6, Kia EV6, and numerous Tesla models. These vehicles benefit from being several years into their production cycles, offering good value and potentially low mileage.
Moderately available options include the Nissan Ariya and Volkswagen ID.4, as well as the closely related Honda Prologue, Toyota bZ4x, and Subaru Solterra. Smaller options like the Kia Niro EV, and sedans such as the Hyundai Ioniq 6 and Polestar 2, are also present. Volvo's C40 and XC40 Recharge models offer stylish alternatives, while the Audi Q4 e-tron and BMW i4 eDrive35 represent premium choices.
The guide also highlights rarer or more niche vehicles, including the Genesis GV60, Ford F-150 Lightning Pro pickup, Kia EV9 SUV, and luxury sedans like the Mercedes-Benz EQS, Lucid Air, Audi e-Tron GT, and Porsche Taycan. Some models, such as the Vinfast VF8, Jaguar I-Pace, and Jeep Wagoneer S, are included with a cautionary note due to reliability or depreciation concerns.
Newer models like the Nissan Leaf and Chevrolet Bolt EUV are also available, with some potentially being purchased brand new within the $30,000 budget. The Mini Cooper SE is noted for its engaging driving experience but limited range.