3 weeks ago

Tesla loses used EV edge as Skoda, Hyundai, BMW gain

Tesla loses used EV edge as Skoda, Hyundai, BMW gain
Tesla is losing its edge as Skoda, Hyundai and BMW race ahead in Britain’s used EV market · easterneye.biz

This story is about electric cars, or EVs, in Britain.

For a long time, Tesla was the most famous electric car brand.

But now, other car brands are doing really well too.

A website called CarGurus looked at prices of used electric cars.

It found that cars from Skoda, Hyundai, BMW and Ford went up in price more than Tesla cars did.

The Skoda Enyaq went up the most, by 10 percent.

Tesla's Model Y only went up by 4 percent, and the Model 3 by 1 percent.

This does not mean Tesla is doing badly, because its cars are still very popular.

It just means other electric cars are becoming more valuable too.

The cars that increased in price all had long ranges, meaning they could drive far on one charge.

Higher fuel prices for petrol and diesel cars may have made more people want electric cars.

This is a change from last year, when electric cars were losing value very quickly.

It is good news for people who already own used electric cars.

Key facts

Leading price gainer
Skoda Enyaq up 10% (£20,557 to £22,576)
Other gainers
Ioniq 5 up 9%, BMW iX3 up 7%, BMW i4 and Ford Mustang Mach-E up 5%
Tesla performance
Model Y up 4% (£25,114 to £26,114), Model 3 up 1% (£18,780 to £19,054)
Data source
CarGurus average listing prices, vehicles built 2015-2025, up to 100,000 miles, 100+ active listings
Common trait
All seven rising EVs had ranges above 200 miles
2025 comparison
Eight of 10 fastest-depreciating cars in H1 2025 were EVs; none in H1 2026
Named factor
Spring rise in fuel prices for petrol and diesel cars

Sources

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