"2025-model used cars sold in the fourth quarter of last year went for $6,370 less than their average new car transaction price. That's already substantial savings, but the numbers are even better for EV and PHEV shoppers. Models like the Dodge Charger Daytona and Jeep Wrangler 4XE have truly staggering discounts after less than a year on the road."
"The average used 2025 Charger Daytona went for $19,711 less than a new model in the same quarter. That means you'd pay 67% more for essentially the same car, with just a few miles on it. For the Wrangler, the discount is even steeper. Used shoppers saved $19,873 on average."
"By the top-line number, though, the biggest loser was the Genesis GV70 Electrified. Barely used examples offer a stunning $24,012 discount over new ones. As automakers have piled on incentives and special finance deals, used models have had to compete with fire sale new prices."
Used 2025 model year vehicles sold in Q4 averaged $6,370 less than new car transaction prices, with electric vehicles showing even greater savings. Models like the Genesis GV70 Electrified, Dodge Charger Daytona, and Jeep Wrangler 4XE demonstrate discounts exceeding $19,000, meaning buyers pay significantly more for essentially identical vehicles with minimal mileage. This trend reflects aggressive manufacturer incentives and special financing offers that have forced used vehicle prices downward. The elimination of $7,500 federal tax credits at the end of Q3 further contributed to new vehicle price reductions, making the used market increasingly competitive.
#used-vehicle-pricing #electric-vehicles #2025-model-year-cars #vehicle-depreciation #ev-market-incentives
Read at insideevs.com
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