Used EVs Now Cost Almost Same as Gas Cars in Colorado

Filling up your gas tank doesn't have to hurt anymore, and the solution might be sitting on a used car lot near you.

Gas prices have surged nearly 20% since January 2026, leaving drivers across the country searching for relief. The timing couldn't be better for a quiet revolution happening in the used car market: electric vehicles are now practically the same price as gas-powered cars.

According to Cox Automotive Group, which runs Autotrader.com, the average used EV costs just $1,350 more than a comparable gas car. That small difference disappears fast when you factor in what EV owners actually spend on the road.

Electric vehicle owners save about $1,500 each year on fuel and maintenance compared to gas car drivers, research from Coltura shows. That means the slightly higher sticker price pays for itself in less than a year of regular driving.

Colorado residents get an even sweeter deal through Vehicle Exchange Colorado. The state program hands income-qualified buyers $6,000 in instant rebates when they trade in their old gas vehicle for a used EV. New EVs qualify for $9,000 back.

The surge in affordable used EVs comes from a wave of lease returns hitting dealerships nationwide. Many of these vehicles still carry manufacturer warranties, often covering more miles than traditional car warranties. Some EVs with 100,000 miles on them still retain 90% of their original battery range.

The Bright Side

Beyond the money saved at the pump, EV drivers discover unexpected perks that make the switch feel like an upgrade. The cars are whisper-quiet, surprisingly quick, and require less maintenance since they have fewer moving parts to break down.

Colorado's charging network keeps expanding too, making road trips more practical. Many newer used EV models come with all-wheel drive and plenty of cargo space, perfect for mountain adventures and gear-heavy weekends.

Clean Energy Economy for the Region (CLEER) offers free coaching through their ReCharge Colorado program to help Garfield County residents navigate the switch. Their coaches answer questions about everything from battery health to available incentives.

For anyone curious about making the jump, CLEER is hosting test-drive events this spring where people can try multiple EV models in one place. Events are scheduled for Basalt's Earth Day Celebration on April 22, the Avon Sustainability Fair on May 16, and Carbondale's First Friday on June 5.

The choice between pumping gas or plugging in is getting easier to make every day.