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You won’t have to attend for Tesla’s reasonably priced electrical automobile if you’d like an EV on a budget. A brand new iSeeCars research analyzed 1.4 million one- to five-year-old used automobiles bought in March 2024 and March 2025 and located that one model dominated the checklist of used automobiles which have seen the most important value drop: Tesla.

The Mannequin S, Mannequin 3, and Mannequin Y all made the highest 10, with the model’s flagship luxurious sedan taking the highest spot. Used Mannequin S costs fell 17.2 p.c from March 2024 to March 2025, dropping practically $10,000 in only a 12 months. In line with the research, the typical value of a used Mannequin S final month was $47,931.

Rank Mannequin Common Worth March 2025 $ Distinction 12 months-Over-12 months % Distinction 12 months-Over-12 months
1 Tesla Mannequin S $47,931 -$9,944 -17.2%
2 Porsche Taycan $75,407 -$13,422 -15.1%
3 Ford Explorer Hybrid $31,288 -$5,136 -14.1%
4 BMW 5 Collection Hybrid $34,375 -$5,557 -13.9%
5 Tesla Mannequin Y $30,611 -$4,634 -13.1%
6 Maserati Levante $45,413 -$5,898 -11.5%
7 Mercedes-Benz AMG GT $78,676 -$9,808 -11.1%
8 Tesla Mannequin 3 $26,084 -$3,193 -10.9%
9 Jeep Gladiator $34,136 -$4,089 -10.7%
10 Hyundai Kona Electrical $21,549 -$2,462 -10.6%

The Mannequin 3 is your finest bang to your buck, although. Costs for the EV fell 10.9 p.c, with the sedan on sale for simply $26,084 on common final month. It’s cheaper than the Mannequin Y, which noticed costs fall by a larger share—13.1 p.c; nevertheless, the crossover’s common value final month was larger, at $30,611.

“In each the brand new and used automotive markets, Tesla costs have been dropping for over two years,” mentioned iSeeCars Government Analyst Karl Braue in a press release. “Worth cuts on new Teslas instantly impacted used Teslas, driving their costs down at a fast charge. The brand new automotive value cuts have been pushed by Tesla’s want to keep up gross sales development, however that technique stopped working final 12 months when the automaker noticed its first decline in annual gross sales.”

EVs made up half of the highest 10 automobiles on the checklist, with the Porsche Taycan and Hyundai Kona Electrical becoming a member of the three Teslas. The opposite automobiles have been the Ford Explorer hybrid, BMW 5 Collection hybrid, Maserati Levante, Mercedes-Benz AMG GT, and Jeep Gladiator.

Rank Make Common Worth March 2025 $ Distinction 12 months-Over-12 months % Distinction 12 months-Over-12 months
1 Tesla $31,421 -$3,541 -10.1%
2 Chrysler $24,712 -$2,411 -8.9%
3 Maserati $43,909 -$4,106 -8.6%
4 Genesis $33,394 -$2,339 -6.5%
5 Dodge $33,072 -$1,638 -4.7%
6 Buick  $26,023 -$1,262 -4.6%
7 Chevrolet  $30,989 -$1,263 -3.9%
8 Nissan  $22,695 -$355 -1.5%
9 Audi $35,734 -$404 -1.1%
10 Volvo  $33,940 -$325 -0.9%

Costs for used EVs have drastically fallen in current months. Earlier this 12 months, used EVs grew to become cheaper than used gasoline automobiles. Used automotive costs have been up 1.0 p.c year-over-year within the research.

iSeeCars additionally compiled the manufacturers with the biggest used automotive value drops, and Tesla tops the checklist. Costs fell 10.1 p.c year-over-year, or $3,541. Chrysler was second, with costs falling 8.9 p.c. Maserati, one other Stellantis model that’s dealing with some struggles, noticed used automotive costs fall 8.6 p.c over the past 12 months.

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