A typical three-year-old electric car now has a median asking price of €28,825, report saysElectric cars have become cheaper than comparable diesel vehicles on Ireland’s used car market for the first time, a report from DoneDeal Cars has said. When factors such as age, mileage and model are taken into account, second-hand electric cars are now priced about 11 per cent below comparable diesel vehicles, marking a shift from 2022 when EVs carried a price premium. The falling prices, while painful for early adopters, have resulted in a healthy, accessible and burgeoning second-hand market. Imports from the UK have fallen sharply since 2019, while Japan now accounts for roughly half of all second-hand car imports into Ireland. “The big shift is that electric cars are no longer carrying a premium over diesel.

Source: The Irish Times March 11, 2026 16:18 UTC