Used EV asking prices pass gasoline cars, iSeeCars study finds

Used electric cars now have higher average asking prices than gasoline cars after a 9.8% rise in a year, Electric Cars Report wrote, citing iSeeCars.

The study covered more than 1.5 million vehicles aged one to five years. Its figures are asking prices, not final sale prices.

Average asking price in September and change from a year earlier:

• Hybrids: $34,476, up 4.9%
• EVs: $32,533, up 9.8%
• Gasoline cars: $31,954, up 0.3%

Used EVs took 41.9 days on average to sell, against 46.6 days a year earlier. Gasoline cars slowed to 54.8 days from 45.7.

The Audi Q4 Sportback e-tron sold fastest at 29.8 days, while the Cadillac Escalade IQ was slowest at 128.7 days. No Tesla reached the reported top 10 for speed of sale.

Tesla models still ranked among the biggest price gainers:

• Model S: up 22.5% to $57,862
• Model X: up 18% to $61,309
• Model 3: up 15.4% to $28,931