EV Resale Value Rankings

EV Resale Value & Depreciation Tracker

The best (and worst) resale-value EVs of 2026, ranked — and which ones are the best used deals right now.

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80 EVs tracked across 2020-2025 model years

Showing 80 vehicles

#VehicleMSRPAvg Used PriceDepreciationRetention ▼RatingTrend
1Hyundai Ioniq 92025SUVest.$60,555$51,472-15%85%A→
2Cadillac Vistiq2025Luxury SUVest.$77,395$65,786-15%85%A→
3Kia EV92025SUV$54,900$44,000-19.9%80.1%B↓
4Volvo EX302024SUVest.$36,245$28,500-21.4%78.6%B→
5Volkswagen ID. Buzz2024Van$59,995$47,000-21.7%78.3%B↓
6Porsche Macan EV2024SUV$78,800$59,000-25.1%74.9%A→
7Rivian R1S2024SUV$75,900$55,500-26.9%73.1%A→
8Rivian R1T2024Truck$69,900$50,000-28.5%71.5%A→
9Rivian R1T2023Truck$73,000$50,000-31.5%68.5%A→
10Porsche Taycan2024Sedan$90,900$62,200-31.6%68.4%B→
11Chevrolet Silverado EV2024Truck$74,900$51,000-31.9%68.1%B↓
12Ford F-150 Lightning2023Truck$55,974$38,000-32.1%67.9%B↓
13Rivian R1S2023SUV$79,800$54,000-32.3%67.7%A→
14Tesla Model 32024Sedan$38,990$25,800-33.8%66.2%A→
15Hyundai Kona Electric2024SUV$32,675$21,500-34.2%65.8%B→
16Tesla Model Y2023SUV$47,490$31,000-34.7%65.3%A→
17GMC Sierra EV2024Truck$99,495$65,000-34.7%65.3%B↓
18Hyundai Ioniq 52023SUV$42,745$27,800-35%65%B→
19Hyundai Kona Electric2023SUV$33,550$21,600-35.6%64.4%B↓
20Tesla Model Y2024SUV$47,490$30,500-35.8%64.2%A→
21Tesla Cybertruck2024Truck$99,990$64,000-36%64%B↓
22Ford F-150 Lightning2024Truck$54,995$35,000-36.4%63.6%B↓
23Cadillac Lyriq2024Luxury SUV$58,590$37,000-36.8%63.2%B↓
24Volvo EX902024Luxury SUVest.$79,995$50,000-37.5%62.5%C↓
25Tesla Model 32023Sedan$42,490$26,500-37.6%62.4%A→
26Chevrolet Bolt EV2023Hatchback$26,500$16,500-37.7%62.3%B→
27Kia EV62022SUV$40,900$25,000-38.9%61.1%B→
28Kia EV62023SUV$48,700$29,500-39.4%60.6%B→
29Volkswagen ID.42023SUV$37,495$22,500-40%60%B↓
30Volvo XC40 Recharge2023SUV$53,550$32,000-40.2%59.8%B↓
31Chevrolet Blazer EV2024SUV$50,195$30,000-40.2%59.8%C↓
32Polestar Polestar 22023Sedan$47,000$28,000-40.4%59.6%B↓
33Hyundai Ioniq 52022SUV$41,245$24,500-40.6%59.4%B→
34Hyundai Ioniq 52024SUV$41,450$24,600-40.7%59.3%B→
35Chevrolet Equinox EV2024SUV$43,295$25,500-41.1%58.9%B↓
36Ford Mustang Mach-E2024SUV$39,995$23,500-41.2%58.8%B↓
37Hyundai Kona Electric2022SUV$34,000$20,000-41.2%58.8%B↓
38Volkswagen ID.42024SUV$39,735$23,000-42.1%57.9%C↓
39Chevrolet Bolt EUV2023SUV$27,800$16,000-42.4%57.6%B→
40Nissan Leaf2023Hatchback$27,800$16,000-42.4%57.6%C↓
41BMW iX2024Luxury SUV$87,100$50,000-42.6%57.4%C↓
42Kia EV62024SUV$42,600$24,200-43.2%56.8%B→
43Nissan Leaf2022Hatchback$26,375$14,900-43.5%56.5%C↓
44Volvo EX402024SUV$53,450$30,000-43.9%56.1%C↓
45BMW iX2023Luxury SUV$84,100$47,100-44%56%B↓
46Ford Mustang Mach-E2023SUV$42,995$24,000-44.2%55.8%C↓
47Polestar Polestar 22024Sedan$49,900$27,500-44.9%55.1%C↓
48Volvo XC40 Recharge2022SUV$52,795$29,000-45.1%54.9%C↓
49Nissan Ariya2024SUV$39,590$21,500-45.7%54.3%C↓
50BMW i42023Luxury Sedan$55,400$30,000-45.8%54.2%B→
51Audi Q4 e-tron2024SUV$50,995$27,500-46.1%53.9%C↓
52Polestar Polestar 22022Sedan$47,200$25,000-47%53%C↓
53Honda Prologue2024SUV$47,400$25,000-47.3%52.7%C↓
54Ford Mustang Mach-E2022SUV$43,895$22,500-48.7%51.3%C↓
55Tesla Model 32022Sedan$46,990$24,000-48.9%51.1%B→
56Toyota bZ4X2024SUV$43,070$22,000-48.9%51.1%C↓
57Mercedes-Benz EQS2024Luxury Sedan$104,400$52,000-50.2%49.8%D↓
58Volkswagen ID.42022SUV$41,230$20,500-50.3%49.7%C↓
59Lucid Air2023Luxury Sedan$87,400$42,000-51.9%48.1%C↓
60Tesla Model S2022Luxury Sedan$101,190$48,500-52.1%47.9%C→
61BMW i42022Luxury Sedan$55,400$26,500-52.2%47.8%B→
62Chevrolet Bolt EV2022Hatchback$31,500$15,000-52.4%47.6%C→
63Nissan Leaf2021Hatchback$30,695$14,500-52.8%47.2%C↓
64Tesla Model S2021Luxury Sedan$89,990$42,200-53.1%46.9%C→
65Ford Mustang Mach-E2021SUV$42,895$20,000-53.4%46.6%C↓
66Tesla Model X2022Luxury SUV$104,990$48,000-54.3%45.7%C→
67Acura ZDX2024Luxury SUV$64,500$29,500-54.3%45.7%D↓
68Tesla Model Y2022SUV$65,990$30,000-54.5%45.5%B→
69BMW iX2022Luxury SUV$84,100$37,800-55.1%44.9%C↓
70Chevrolet Bolt EUV2022SUV$33,500$15,000-55.2%44.8%C→
71Nissan Leaf2020Hatchback$30,675$13,700-55.3%44.7%D↓
72Tesla Model Y2021SUV$57,990$25,000-56.9%43.1%B→
73Mercedes-Benz EQS2023Luxury Sedan$104,400$44,000-57.9%42.1%C↓
74Tesla Model X2021Luxury SUV$91,990$38,500-58.1%41.9%C→
75Audi e-tron2022Luxury SUV$65,900$24,000-63.6%36.4%D↓
76Lucid Air2022Luxury Sedan$107,400$38,000-64.6%35.4%D↓
77Mercedes-Benz EQS2022Luxury Sedan$103,360$36,000-65.2%34.8%C↓
78Jaguar I-PACE2022Luxury SUV$69,900$24,000-65.7%34.3%D↓
79Audi e-tron2021Luxury SUV$65,900$21,000-68.1%31.9%D↓
80Jaguar I-PACE2021Luxury SUV$69,850$20,500-70.7%29.3%D↓

Key Takeaways

Best Value Retention

1. Hyundai Ioniq 9 (2025)85%
2. Cadillac Vistiq (2025)85%
3. Kia EV9 (2025)80.1%

Best Used EV Deals

1. Jaguar I-PACE (2021)-70.7% ($20,500)
2. Audi e-tron (2021)-68.1% ($21,000)
3. Jaguar I-PACE (2022)-65.7% ($24,000)

EV depreciation trends in 2026: The used EV market has matured significantly. Tesla Model Y and Model 3 continue to lead in value retention thanks to strong brand loyalty, OTA updates, and the Supercharger network. Korean EVs from Hyundai and Kia are climbing the ranks with excellent technology and competitive pricing.

Luxury EVs see the steepest depreciation in dollar terms, making them incredible used values. A Mercedes EQS or Lucid Air that originally sold for $90K-$105K can now be found for under $45K. For budget-conscious buyers, the discontinued Chevrolet Bolt and aging Nissan Leaf offer full EV ownership for under $15K-$18K.

Data sources: CarEdge model depreciation pages (2026), iSeeCars 2026 Depreciation Study, Recurrent Used EV Market Report, KBB / Edmunds / CarGurus used-market listings. Last verified: 2026-06-14. Used prices are market averages and may vary by condition, mileage, region, and trim level.

Understanding EV Depreciation

Electric vehicles depreciate differently than gas cars. While the average new gas car loses about 40% of its value in 3 years, EVs vary wildly — from under 30% for the best holders (Rivian R1S, Tesla Model 3 in their first two years) to over 60% (Jaguar I-PACE, early Lucid Air). Three things drive the spread: brand perception, battery-tech generational risk, and charging-standard longevity. An EV stuck on CHAdeMO depreciates faster than one on NACS or CCS, because future charging access shrinks. An early air-cooled battery (2015-era Leaf) depreciates faster than a liquid-cooled one (2022 Ioniq 5), because capacity risk is priced in. And a Tesla Model Y keeps value because the brand has high demand on the used market and OTA software updates keep the car feeling new for years longer than a gas equivalent.

Best EVs for Resale Value in 2026 — Ranked

The ten best resale-value EVs of 2026, ranked by how much of their original MSRP a 2-year-old (2024 model year) example retains on today's used market. Newly-launched models with thin used-market history are excluded:

#EVValue retained (2 yr)Typical used priceOriginal MSRPGrade
1 Volkswagen ID. Buzz 78.3% ~$47,000 $59,995 B
2 Porsche Macan EV 74.9% ~$59,000 $78,800 A
3 Rivian R1S 73.1% ~$55,500 $75,900 A
4 Rivian R1T 71.5% ~$50,000 $69,900 A
5 Porsche Taycan 68.4% ~$62,200 $90,900 B
6 Chevrolet Silverado EV 68.1% ~$51,000 $74,900 B
7 Tesla Model 3 66.2% ~$25,800 $38,990 A
8 Hyundai Kona Electric 65.8% ~$21,500 $32,675 B
9 GMC Sierra EV 65.3% ~$65,000 $99,495 B
10 Tesla Model Y 64.2% ~$30,500 $47,490 A

Retention = current average used price ÷ original model-year MSRP (CarEdge, iSeeCars, Recurrent, KBB/Edmunds market data). A note on the leaders: the ID. Buzz and Silverado EV rank high partly on enthusiast demand and thin used supply — both trend declining — while the Rivians, Porsches, and Teslas hold on durable demand.

The top value-retainers at two years: Rivian R1S (~73%), Rivian R1T (~72%), Tesla Model 3 (~66%), Tesla Model Y (~64%), and the Hyundai Ioniq 5 / Kia EV6 (high-50s to low-60s). Tesla holds value because of brand loyalty, a still-unmatched Supercharger network, and frequent OTA feature additions that keep even 5-year-old cars feeling current. The Rivian R1S punches above its weight thanks to constrained production and strong demand for three-row electric SUVs — there simply aren't enough used R1Ss on the market to drive prices down. Korean brands (Hyundai, Kia, Genesis) benefit from 800V architecture, 10-year battery warranties that transfer to second owners, and pricing discipline from HMG's dealer network.

The 2026 Used-EV Market Split: Tesla Up, Everything Else Down

The defining used-EV story of 2026 opened after the federal $7,500 new-EV credit expired on September 30, 2025. With the credit gone, automakers cut new-EV prices (new-EV listings fell more than 12%) and new-EV sales dropped about 28% year over year in Q1 2026 — which pulled used values down with them. Across the used market, every brand except Tesla fell an average of about 3.6% in early 2026.

Tesla went the other way. Used Teslas rose about 4.3% over the same window — Model S +8.5%, Model X +10.3%, Model 3 +2.6%, and Model Y +1.3% — as buyers priced in Supercharger access, OTA updates, and a deep, liquid resale market. Because Tesla makes up the bulk of the used-EV pool, the headline "average used EV up 3.5%" is misleading: strip Tesla out and the rest of the market is still sliding. Meanwhile, used-EV sales surged roughly 12% in Q1 2026 to near-record levels as shoppers shut out of the new-car credit moved to the used lot — and improving real-world battery durability (Geotab's 2026 fleet study puts average degradation near 2.3%/yr, leaving ~75% of capacity after 12+ years) keeps de-risking those purchases. See our EV battery types guide for why modern packs last.

The practical read: if you're buying, non-Tesla used EVs are where the bargains are (see below); if you're selling, a clean-history Tesla is holding value better than almost anything else on the lot.

Best Used EV Deals Right Now

Steep depreciation is a buyer's best friend. The most dramatic used-EV discounts in 2026:

  • Lucid Air — new MSRP ~$87K, 3-year-old used ~$42K (about 52% off). Six-figure technology for the price of a loaded Model 3. The catch: limited service network, higher-than-expected maintenance costs on air suspension.
  • Chevrolet Bolt EV (2022+) — new MSRP ~$27K, 3-year-old used ~$16,500 (about 38% off). Every 2022+ Bolt got a new battery pack under the LG recall, which effectively reset the battery-health clock on the used market. Best dollars-per-mile in the entire EV segment.
  • Mercedes EQS 450+ — new MSRP ~$105K, 3-year-old used ~$44K (about 58% off). Among the steepest luxury-sedan depreciation in the industry. 10-year/155K mile battery warranty (transferable) means the used buyer gets 7+ years of remaining coverage.
  • Jaguar I-PACE — new MSRP ~$70K, 4-year-old used ~$24K (about 66% off). The steepest luxury depreciation driver: Jaguar has publicly deprioritized the model, which is priced in. For buyers who don't mind an orphan model, the value proposition is unbeatable.
  • Volkswagen ID.4 — new MSRP ~$42K, 3-year-old used ~$20–23K (about 50% off). Recalls in 2021-2022 created an overhang; 2023+ models have since been fixed, which makes 2023-2024 used ID.4s the best bargain in the mass-market EV SUV segment.

The 2026 Lease-Return Wave

J.D. Power forecasts a ~230% spike in returning EV lease volume in 2026 vs prior years — the back-end of the 2022-2023 lease boom that was juiced by the commercial-credit pass-through (the "lease loophole" §45W, since closed). Most of those leases hit 36-month maturity in Q3-Q4 2026, dumping a wave of off-lease inventory into the used market at the same time the federal $7,500 credit is gone.

The combination is a buyer's market for used EVs. Two predictions worth tracking:

  • Mass-market EVs hit hardest. Mach-E, ID.4, Bolt EUV, and Ioniq 5 are the highest-volume lease returns. Expect another 5–10% softening on those nameplates in the back half of 2026 on top of the current depreciation curve.
  • Luxury EVs hit hardest in absolute dollars. EQS, iX, Lucid Air, and Lyriq leases tend to be 24-month, with returns concentrated in 2026 from the 2024 lease cohort. Used EQS / iX inventory could see another $5K–$8K price erosion before stabilizing in 2027.
  • Tesla largely unaffected. Tesla's leasing share is much smaller than legacy makers'. The lease wave doesn't materially expand Tesla used supply.

If you're patient, Q4 2026 through Q1 2027 will likely be the best used-EV pricing window in years. Inventory peaks, demand is dampened by the missing federal credit, and dealers carrying CPO EVs need to move them before year-end. Pair this page with our Used EV Battery Health Checker before pulling the trigger.

The Tesla Premium — and When It Fades

Tesla's value retention is well-documented — but it's not universal. The Model Y and Model 3 hold well because they occupy mass-market price points with high demand. The Model S and Model X depreciate harder — retaining roughly 42–48% at 4–5 years — because they sit in the luxury segment where all cars depreciate fast, regardless of powertrain. A 2021 Model S at ~47% of its original MSRP isn't far ahead of comparable luxury EVs; the brand premium is real but much narrower at the top of the lineup than many buyers assume.

What Affects EV Resale Value

Across 80 EVs in our tracker, five factors consistently dominate:

  1. Brand demand on the used market — Tesla, Rivian, and Hyundai/Kia clear inventory fastest. Luxury orphans (Jaguar, early Polestar, Audi e-tron) sit on lots longest.
  2. Charging standard future-proofing — NACS and CCS vehicles hold value. CHAdeMO-only (older Leafs) penalizes resale because public-charging access is shrinking.
  3. Battery thermal management — liquid-cooled batteries (every 2020+ EV except early Leafs) retain buyer confidence. Passively-cooled packs don't.
  4. Production volume — rare is valuable. Rivian's limited production has held its R1S/R1T above the curve; Mustang Mach-E's mass production has pulled its resale below.
  5. Battery health verification — certified SOH reports (Tesla app, Rivian app, Recurrent) command a 10–15% premium over comparable VINs without certs. Always ask before buying used.

Resale value by model

Dig into any model's price, range, and full specs — then weigh it against where it lands on the resale curve above:

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Frequently Asked Questions

Which EVs hold their value the best?

After two years, the Rivian R1S (~73%) and R1T (~72%) retain the most of any mainstream EV, helped by limited production and strong demand. The Tesla Model 3 (~66%) and Model Y (~64%) come next, followed by the Hyundai Ioniq 5 and Kia EV6 in the high-50s to low-60s — solid for non-luxury EVs. Brand-new 2025 launches like the Hyundai Ioniq 9 and Cadillac Vistiq post higher figures, but they have too little used-market history to rank with confidence yet.

Which EV brand has the best resale value retention after three years?

By the three-year mark, Rivian and Tesla lead. The Rivian R1S and Tesla Model 3 are the strongest performers — they shed only about 30–35% of their value by year three (roughly 65–70% retained), versus the 40–50% an average EV loses over the same period. A three-year-old (2023) Rivian R1S still holds about 68%, and among non-luxury brands Hyundai and Kia hold up best — the 2023 Ioniq 5 retains about 65%. At the other end, luxury marques depreciate hardest: the Mercedes EQS loses roughly 58% over three years and the Lucid Air about 52%. So for three-year resale, Rivian tops the list, Tesla's mass-market models (Model 3/Y) sit close behind, Hyundai and Kia lead the non-luxury pack, and luxury EV brands trail.

What is the Tesla Model Y resale value in 2026?

A 2-year-old (2024) Tesla Model Y retains about 64% of its original value — roughly $30,500 used against a ~$47,490 MSRP when new. Older Model Ys: 2023 holds ~65%, 2022 about 46% (off a much higher $65,990 pandemic-era sticker), and 2021 around 43%. Tesla's repeated new-car price cuts in 2024–2025 accelerated used depreciation, though used prices stabilized in early 2026.

What is the Rivian R1S resale value in 2026?

The 2024 Rivian R1S retains about 73% of its original value — among the strongest of any EV — at roughly $55,500 used against a $75,900 MSRP. The 2023 R1S (three years old) holds ~68%. Limited production volume and an enthusiast adventure-buyer demographic prop up resale. The R1T pickup follows a similar curve at ~72% retention at year two.

How much do electric cars depreciate?

Most EVs lose roughly 40–50% over three years — steeper than the 35–40% typical of gas cars, a gap that widened during the 2024–2025 used-EV price slide. The best performers (Rivian R1S, Tesla Model 3) shed only ~30–35% by year three. The steepest depreciators — Jaguar I-PACE (~66% over four years), Mercedes EQS (~58% over three), Lucid Air (~52% over three) — lose well over half, as luxury EVs stack luxury-car depreciation on top of EV-specific factors.

What is the Hyundai Ioniq 5 resale value in 2026?

A 2-year-old (2024) Hyundai Ioniq 5 retains about 59% of its original value — ~$24,600 used against a $41,450 MSRP. The 2023 (three years old) holds ~65% and the 2022 ~59%. Its 800V architecture and 10-year battery warranty support resale, but it now depreciates in line with the mainstream segment rather than ahead of it. The Kia EV6 (~57% at year two) and VW ID.4 (~58%) land in the same range.

What is the best used EV to buy right now?

For budget buyers, the 2022+ Chevrolet Bolt EV (~$16,500 used) is exceptional — every unit got a free replacement battery under the LG recall, which effectively reset the battery-health clock. For luxury value, the Lucid Air at ~$38–42K used (from $87K–110K new) is the most dramatic discount in the EV market. For balanced value, the 2023+ Hyundai Ioniq 5 and Kia EV6 at ~$24–30K used offer modern 800V architecture for well under half the new price.

Do Teslas depreciate faster than other EVs?

No — the Tesla Model 3 (~66% retained) and Model Y (~64%) are among the better EVs for two-year value retention. The higher-priced Model S and Model X depreciate more (~47–52% retained at 4–5 years), which is typical for any luxury sedan or SUV regardless of powertrain. The Cybertruck, now with about two years of data, retains roughly 64% — in line with the Model Y.

Why did used Tesla prices rise in 2026 when other EVs fell?

After the $7,500 federal new-EV credit expired on September 30, 2025, automakers cut new-EV prices and used values across most brands slipped — the used market excluding Tesla fell about 3.6% in early 2026. Used Teslas went the other way, rising roughly 4.3% (Model S +8.5%, Model X +10.3%, Model 3 +2.6%, Model Y +1.3%), helped by Supercharger access, OTA updates, and a deep resale market. Because Tesla dominates the used-EV pool, that gain masks the decline in everything else. Used-EV sales also jumped ~12% in Q1 2026 as buyers shut out of the new-car credit shifted to the used lot.

Why do some EVs depreciate faster than others?

Five factors drive the spread: brand perception (Tesla and Hyundai/Kia hold value best), charging standard (CHAdeMO-equipped Leafs are penalized), production volume (limited Rivians hold better than mass-market Mach-Es), battery confidence (liquid-cooled > passively-cooled), and technology pace (older 400V platforms feel dated next to 800V). Luxury EVs also face typical luxury-car depreciation on top of EV-specific factors.

Is now a good time to buy a used EV?

Yes — 2024 and 2025 were the steepest-depreciation years on record for used EVs. A 3-year-old Lucid Air now trades around 48% of MSRP (~$42,000, from $87,400 new); a 2-year-old Mercedes EQS around 50%. For luxury buyers willing to accept slightly shorter remaining warranty, the discounts are historically large. For budget buyers, Chevrolet Bolts (~$16,500) and Nissan Leafs remain unbeaten on dollars-per-mile.

Does battery health affect EV resale value?

Massively. A 3-year-old EV with a certified 92% State-of-Health sells for 10–15% more than an otherwise-identical car with 82% SOH. Use the built-in battery health report in the Tesla/Rivian apps before buying used, or ask the dealer for an OBD-II battery scan. Sites like Recurrent publish VIN-specific battery health certificates; a missing cert should be treated as a red flag.

How does the federal EV credit expiration affect depreciation?

The $7,500 federal Clean Vehicle Credit expired September 30, 2025. Pre-October-2025 used EV buyers who claimed the $4,000 Used Clean Vehicle Credit (25E) effectively paid a lower real price, which compresses resale comparables for that cohort. New EVs sold October 2025 onward have no federal credit embedded in their transaction price, which should flatten depreciation slightly going forward — buyers won't take a hit for a credit they never received.

Related depreciation reading