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Used EV prices have plummeted, now stand below ICE prices

Green Car Reports

Average used EV prices fell below average prices for used gasoline cars in February, and have continued to decrease since then, according to iSeeCars. Used EV prices stabilized in 2023, after roughly two years of surges, but they've fallen significantly so far this year, iSeeCars found in an analysis released earlier this month.

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EV price war hots up in sub-$40,000 market as BYD cuts price of Dolphin

The Driven EV News

BYD makes another price cut across both variants of its lowest cost electric vehicle in Australia. The post EV price war hots up in sub-$40,000 market as BYD cuts price of Dolphin appeared first on The Driven.

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Tesla price target: analyst and firm adjustments ahead of Q2 Earnings Call

Teslarati

Tesla ( NASDAQ: TSLA ) has gotten several updates to its price target from various analysts and firms as the Q2 Earnings Call next week takes focus. What caused Tesla price target increases? Wedbush Wedbush raised its price target by $25 to $300 from $275, citing a “major turning point” in the bull case.

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EV discounts increase, average price dips below Tesla

Green Car Reports

For the first time in nearly 18 months, the average new EV cost less than the average Tesla Dealers are cutting prices on used EVs and offering incentives on new ones The average discount on an EV was 12.4%

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Ford reverses course, cuts F-150 Lightning prices by up to $5,500

Green Car Reports

Ford is cutting prices on some 2024 F-150 Lightning electric pickup trucks by up to $5,500, CarsDirect reports, citing a bulletin sent by Ford to dealerships. Effective April 5, the XLT Standard Range grade gets a $2,000 price cut, bringing its base price down to $65,090 with the mandatory $2,095 destination charge.

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Used EV prices are stabilizing, suggests new data

Teslarati

New data from Q2 suggests that used electric vehicle (EV) prices are stabilizing in the U.S., According to the Q3 2024 Used EV Market Report shared by Recurrent Auto last Wednesday, used EV prices appear to be stabilizing—particularly in the $20,000 to $25,000 price range. 4, the 2022 Nissan Leaf, and the 2022 Mustang Mach-E.

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2025 Honda CR-V Sport hybrid price rises to $35,700

Green Car Reports

2025 Honda CR-V price rises by $300-$600 versus last year Base Sport hybrid now costs $35,700 With more features, the CR-V hybrid costs about $6,000 more than the Kia Sportage hybrid Honda's CR-V Sport, the hybrid edition of its midsize SUV, costs at least $35,700 for the 2025 model year. Honda confirmed prices for its popular crossover on.

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