"Many luxury EVs are about to get significantly cheaper as we step into 2026. That's because dealers still have a lot of leftover inventory for 2025 and even 2024 models. As time passes, dealers will want them gone sooner rather than later. Even with the generous $7,500 federal incentive for EVs out the window, there is good news on the horizon for car buyers interested in going electric."
"To help guide your hunt for deals, iSeeCars tallied up the vehicles with the most inventory from the 2024 and 2025 model years in a new study. The highest discounts will likely be applied to 2024 models, which have had plenty of time to depreciate, despite still being brand-new cars. According to iSeeCars, the Genesis GV60 crossover tops the list of EVs with the most leftover 2024 inventory in the U.S."
A substantial volume of new 2024 and 2025 electric vehicles remains on dealer lots, increasing pressure to discount as 2026 model years arrive. 2024 models will likely see the deepest price cuts due to longer depreciation despite being unsold new cars. 2024 inventory percentages are highest for the Genesis GV60 (21.8%), Dodge Charger (20.9%), Chevrolet Silverado EV (11.9%), and GMC Hummer EV SUV (5.5%). Dealers will reduce prices to clear older-year stock and attract buyers after the $7,500 federal EV incentive became largely unavailable. Shoppers can exploit this environment to negotiate lower prices.
Read at insideevs.com
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