How Have Used Electric Car Prices Changed Post–$4,000 Tax Credit? - CleanTechnica

The article from CleanTechnica examines how used electric vehicle (EV) prices have shifted following the expiration of the $4,000 used EV tax credit in the U.S. Prior to the tax credit ending, there was uncertainty about whether used EV prices would fall due to the loss of the credit or rise because the $7,500 new EV tax credit also ended, potentially pushing more buyers toward the used market. The author revisited listings for popular EV models like the Volkswagen ID.4, Hyundai IONIQ 5, and Kia EV6 to compare prices from February (before the credits ended) to current listings. For the Volkswagen ID.4, the author found that used prices have generally decreased by several thousand dollars compared to February, even when factoring in mileage differences and trim levels. Similarly, the Hyundai IONIQ 5 showed a notable price drop of about $4,000 for comparable models, aligning closely with the lost tax credit amount. However, the Kia EV6 prices remained