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Rising Gas Prices Got You Thinking Electric? Here’s How Much You’ll Pay for the Most Popular Used EVs

jetcityimage / iStock.com

jetcityimage / iStock.com

The rise in gas prices has led to a spike in interest in electric vehicles (EVs). From February 2022 to March 2022, CarMax received 1.5 times the search volume for the term “electric” — around the same time gas prices hit their new high.

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And even before gas prices reached their new levels, consumers had been gaining interest in EVs. According to 2021 data from the Pew Research Center, 40% of non-EV owners are very or somewhat likely to purchase an EV as their next vehicle.

The cost of buying a new EV can be a barrier to entry, but fortunately, you can get (slightly) lower prices on used EVs. Here’s how much you can expect to pay for the most popular used electric vehicle models.

©Tesla

1. Tesla Model 3

  • Average CarMax used vehicle price: $49,440
©Nissan USA

2. Nissan Leaf

  • Average CarMax used vehicle price: $21,447
WILFRIED WULFF / BMW

3. BMW i3

  • Average CarMax used vehicle price: $21,455
Darren Brode / Shutterstock.com

4. Chevrolet Volt EV

  • Average CarMax used vehicle price: $27,416
©Tesla

5. Tesla Model X

  • Average CarMax used vehicle price: $89,194

All prices are sourced from CarMax and are accurate as of May 16, 2022.