Are used EV asking prices being cut?
As of 2026-10-03, asking prices were cut by an average of 2.7% over the previous four weeks among 36,228 used battery-electric vehicles (EVs) OAV observed in U.S. dealer listings on both dates. These are asking prices, not sale prices.
OAV measures four-week changes in asking prices for used battery-electric vehicles (EVs) listed on both dates. This figure does not measure sale prices or price changes across the overall used-EV market.
Snapshot: 2026-10-03. Comparison: 2026-09-05 to 2026-10-03.
| Vehicle group | Average 4-week asking-price change | Share with asking-price cuts greater than 0.5% | Vehicles compared |
|---|---|---|---|
| EV (battery-electric) | −2.7% | 61.2% | 36,228 |
The average and cut share use the vehicles compared in this row, including those with unchanged or increased asking prices. The cut share measures asking prices more than 0.5% below their level four weeks earlier.
How OAV measures this
EV figures cover used battery-electric vehicles only. Hybrids and plug-in hybrids are not included.
Segment categories are not mutually exclusive. For example, a battery-electric SUV is included in both the EV and SUV figures.
OAV compares each used vehicle's asking price on the snapshot date with its own asking price four weeks earlier, for vehicles listed on both dates; used vehicles include certified pre-owned. These are asking prices, not sale prices, and vehicles no longer listed on the snapshot date are not included. This is a market signal, not a Price-to-Market verdict on any individual listing.
OAV publishes a new snapshot weekly. Each dated snapshot remains unchanged.
Weekly snapshots
Weekly snapshots begin 2026-10-03. Each row reports the four-week asking-price comparison ending on that date.
| Snapshot | Average 4-week asking-price change | Share with cuts greater than 0.5% | Vehicles compared |
|---|---|---|---|
| 2026-10-03 | −2.7% | 61.2% | 36,228 |
Questions
- Are used EV prices falling?
- OAV measures asking prices, not sale prices. As of 2026-10-03, asking prices were cut by an average of 2.7% over the previous four weeks among 36,228 used battery-electric vehicles (EVs) OAV observed in U.S. dealer listings on both dates. These are asking prices, not sale prices. Vehicles no longer listed on the snapshot date are not included, so this figure does not measure sale prices or price changes across the overall used-EV market.
- Is this what used EVs are selling for?
- No. These are asking prices, not sale prices, and vehicles no longer listed on the snapshot date are not included.
- How often is this updated?
- OAV publishes a new snapshot weekly. Each dated snapshot remains unchanged.
- How much have used EV prices dropped?
- OAV does not measure how much the overall used-EV market dropped. It measures four-week changes in asking prices for used battery-electric vehicles (EVs) listed on both dates. As of 2026-10-03, asking prices on the 36,228 used battery-electric vehicles (EVs) listed on both dates were cut by an average of 2.7%. That figure does not measure sale prices or price changes across the overall used-EV market.