Used cars to buy if you want to save the most money

Electric vehicles are growing in popularity, but it will be some time before prices start to fall and come closer to parity with gas vehicles. While that’s the case for new EVs, the story is different on the used market, where several popular electric models have seen significant price drops over the last year. iSeeCars recently released new research on the used vehicles that have had the largest year-over-year price drops, and the list is dominated by electrics.

The Nissan Leaf had the most significant price drop between October 2022 and 2023, falling 30.6 percent to an average price of just $19,649. Not far behind it were the Tesla Model 3 with a 30.5 percent drop and the Chevrolet Bolt EV with a 28.7 percent decline. The list of other vehicles with the largest price drops include:

1. Nissan Leaf: 30.6% drop

2. Tesla Model 3: 30.5%

3. Chevrolet Bolt EV: 28.7%

4. Tesla Model X: 26.2%

5. Tesla Model S: 24.7%

6. Chrysler Pacifica Hybrid: 20%

7. BMW 5 Series Hybrid: 18.7%

8. Land Rover Range Rover: 18.3%

9. Land Rover Discovery: 17.9%

10. Lane Rover Range Rover Velar: 17.7%