Deal Alert: Luxury EV Prices to Drop in 2026 Due to Overstock

Dealers are discounting luxury EVs as 2026 approaches, with leftover 2024-2025 models available at great prices.
These Pre-2026 EVs Are Still Filling Dealer Lots, So Expect Big Price Cuts

The landscape of luxury electric vehicles is set for a shakeup as we approach 2026, with many models expected to see significant price reductions. The reason? A surplus of inventory for the 2024 and 2025 model years that dealers are eager to move off their lots.

Despite the absence of the $7,500 federal EV incentive, prospective electric vehicle buyers have reason to remain optimistic. As dealerships are keen to clear their existing stock to make way for newer models, opportunities for deals abound, particularly for those willing to purchase slightly older models.

A recent study by iSeeCars highlights which vehicles have the most unsold inventory from the 2024 and 2025 model years. Notably, the Genesis GV60 crossover leads the list with the most 2024 models still available in the U.S. Trailing behind are the Dodge Charger, Chevrolet Silverado EV, and GMC Hummer EV SUV.

New EVs with the Most Leftover 2024 Inventory

Rank Model % 2024 Inventory
1 Genesis GV60 21.8%
2 Dodge Charger 20.9%
3 Chevrolet Silverado EV 11.9%
4 GMC Hummer EV SUV 5.5%
2024 EV Average 1.3%

With manufacturers rolling out 2026 and 2027 models, these 2024 vehicles might be a smart buy for those seeking bargains. “The $7,500 electric vehicle incentive was in place for most of the past two years, but it wasn’t compelling enough to find buyers for these 2024 models,” explained Karl Brauer, an iSeeCars executive analyst. “This is an opportunity for EV buyers to negotiate.”

For those looking at newer models, the 2025 inventory also offers a variety of choices, albeit with potentially smaller discounts compared to 2024. The BMW i4 is one such model with a significant amount of 2025 stock remaining. Other notable mentions include the Porsche Macan and Volkswagen ID.4.

“With the federal EV incentive gone, dealers have to be even more flexible on their electric vehicle pricing. This is particularly true for EVs that have a high percentage of 2025 model year inventory even as January 1, 2026, looms,” Brauer added.

New EVs with the Most Leftover 2025 Inventory

Rank Model % 2025 Inventory
1 BMW i4 89.2%
2 Porsche Macan 67.8%
3 Volkswagen ID.4 59.1%
4 Cadillac Escalade IQ 47.8%
5 Genesis Electrified GV70 37.2%
6 Genesis GV60 35.3%
7 Honda Prologue 34.1%
8 Mercedes-Benz EQE SUV 30.9%
9 Cadillac Lyriq 30.6%
10 GMC Hummer EV 30.2%
2025 EV Average 18.7%

Discontinued models may offer even larger discounts, as dealerships work to clear out these vehicles. Models like the Audi Q8 E-Tron, Mercedes-Benz EQB, and Polestar 2 are no longer available as new models in the U.S. and may be priced to move.

“The colder weather and holiday distractions generally make the end of the year a good time to buy a car,” said Brauer. “Combine those factors with leftover new 2024 or 2025 models that dealers can’t seem to unload, and a deal-making opportunity is likely for buyers looking to take advantage of ‘leftover’ or ‘discontinued’ status.”

Original Story at insideevs.com