One man’s ICE watchdog work in a Chicago suburb

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Ismael Cordová-Clough slipped out before dawn most mornings, while the rest of the block slept. By 4 a.m., he was circling the same streets he grew up on, scanning corners, alleyways and factory lots for unmarked cars.

He goes by “Ish” on Facebook, where he has become a trusted but polarizing voice in Elgin’s immigrant community, documenting sightings of U.S. Immigration and Customs Enforcement and posting real-time updates. His videos often show tense, chaotic moments: neighbors being detained, agents refusing to answer questions, bystanders shouting in fear or solidarity.

Cordová-Clough, 28, recently left Elgin, but he said his feed remains a crucial part of the local resistance — especially since the Trump administration ramped up enforcement five weeks ago. Public demonstrations and chants are one way of protest, but Cordová-Clough and other organizers say they focus on evidence.

“People share old photos, misinformation all the time,” he said. “We try to verify in real time, with people who actually live here.”

Though now a sharp voice in local immigrant advocacy, Cordová-Clough didn’t start in this work. He was a student organizer and policy researcher, first drawn to activism through LGBTQ issues in middle school.

Ismael Cordová-Clough, center, and volunteer patrols meet in a downtown Elgin parking lot to discuss strategy as they look for possible ICE activity in Elgin on Sept. 17, 2025. (Stacey Wescott/Chicago Tribune)

In recent months, as arrests in Elgin have surged — sometimes reports of six in a week — Cordová-Clough said he’s watched local government, nonprofits, and even some Latino leaders remain silent. So he stepped up as a volunteer. His posts now reach tens of thousands, spreading fast whenever ICE is nearby. He delivers supplies and connects those left behind after deportation to lawyers.

As the only U.S.-born member of his family, Cordová-Clough carries a deep sense of responsibility. He’s seen firsthand how people in his community, including his family, alter their lives in the face of fear: avoiding public spaces by going to the laundromat late at night or changing jobs.

His presence may be digital now, but for people in Elgin, Ish is still on the ground.

“I’ll never fully understand,” he admitted. “But I can understand their fears and their worries and also their dreams.”

A complicated place to stand

Cordová-Clough is a queer Latino, married to a white partner, operating in a community where he’s often seen as “too much” — too loud, too soft, too visible, too Americanized.

As a kid, his parents pulled him from the dual-language program at his school to avoid an accent. They believed being “white-passing” meant success.

“I get a lot of Latinos saying that I shouldn’t be the voice because I’m not Latino enough,” he said.

He understands their discomfort, but he also believes it’s his role to push back against the colorism, racism and classism that often go unspoken in his community.

“My experience as a queer Latino man is different from a white queer man, or a Black queer man or even a straight Latino man,” he said. “We can’t build community without acknowledging that.”

He isn’t always welcome in some activist spaces, he said. He’s too unfiltered for some, too informal for others. He doesn’t work for a nonprofit and no one is funding him.

Ismael Cordová-Clough, right, livestreams federal agents detaining three men along Liberty Street on Sept. 20, 2025, in Elgin. Cordová-Clough is part of a volunteer patrol group in the area that documents federal agents in the area and livestreams their activities in order to alert the community. (Stacey Wescott/Chicago Tribune)

This has been his full-time side gig — alongside pursuing a master’s degree in public policy, with a focus on homelessness — and working at his friend’s insurance company.

“My husband and my mom don’t tell me what to do, so no one else will tell me what to do unless they’re paying me and no one’s paying me here,” he said.

He has drawn criticism from some local ICE response teams for posting sightings of immigration operations before they’re verified. But he believes people deserve to know, especially if he’s there himself. And he doesn’t think local leaders are doing enough. He said he’s not interested in backdoor deals or symbolic gestures.

Recently, after hundreds of workers at a nearby factory were laid off because of their unauthorized status, he organized a food drive for them from his garage. Community members dropped off eggs, lunch meat and diapers. Others helped sort items, assemble resource envelopes or deliver bags door-to-door.

“They were so grateful that someone was showing up to support,” Cordová-Clough said, of the men and women who were let go. “It didn’t seem so transactional.”

The cost of care

While immigration raids are the immediate threat in Elgin, other underlying issues also pull his attention, he said. Cordová‑Clough’s own story mirrors many in Elgin: moving two or three times a year, family instability, periods without a permanent place to sleep.

“In fifth grade, the sheriff came to evict us. Threw all our stuff into garbage bags,” he said. “I didn’t even understand what was happening.”

In seventh grade, his stepfather was deported after a domestic violence incident in their home. “At the time, my stepdad was the worst of the worst,” he said.

Ismael Cordová-Clough, left, hugs Delani Henrnadez, both members of a volunteer patrol group in the Elgin area, as Hernandez cries after witnessing a man pulled from his truck and detained by federal agents along Route 31 on Sept. 16, 2025, in Elgin. “I couldn’t stop them, I couldn’t stop them,” Hernandez cried. It was her first day on patrol with the group which live-streams and posts any suspected ICE activities in and around Elgin. (Stacey Wescott/Chicago Tribune)

He doesn’t believe ICE is always wrong, but said the system doesn’t distinguish between violent offenders and working parents.

His relationship with family remains complicated. His mom and siblings didn’t watch a single one of his dozens of plays and speech competitions, he said, because of the language barrier. As a teenager, after feeling like for too long he had been their “caretaker,” he moved away and briefly lived out of his car.

His grandmother refused to attend his 2023 wedding because he was marrying a man, he said, though she’s since come back into his life due to his immigration advocacy and involvement in the community.

“She sees that people she knows, people from her church, respect what I’m doing,” he said. “Now she appreciates it.”

A community on edge

Recently, a childhood friend called him as ICE had just detained a person nearby. When he arrived at the intersection, he said “people were screaming and yelling, and there was glass everywhere.” The immigration officers had smashed the car window. He believes they were looking for someone else, and the father was taken in the process.

The pregnant mother, Annayeli, whose name the Tribune is withholding for her safety, said they had just been taking pictures of a new crib to post on Facebook. She told him he hadn’t wanted to go to work that morning.

Ismael Cordová-Clough, right, drops off a bag of groceries on Aug. 26, 2025, in Elgin to a pregnant woman whose partner was detained this summer. (Stacey Wescott/Chicago Tribune)

Cordová-Clough and Annayeli went back to her house, where the walls were adorned with pink and white, he said, awaiting the birth of the baby. Cordová-Clough remembers sitting with her as she threw up from anxiety. He said it was one of the most “emotionally draining experiences of (his) life.”

He visited her several weeks later to drop off soap. The blinds were drawn and she sat on the couch holding her still swollen belly. Annayeli said after the deportation, her neighbors across the street drove around outside the home in trucks and masks to intimidate her.

“I used to feel proud to live here,” she told him. “Now I’m scared all the time. I’m not proud of what is happening here.’

She, like other families who are navigating deportation, calls Cordová-Clough almost daily.

Resistance

Cordová-Clough, who has become known as “the Facebook guy” in his community, has helped create a larger movement in Elgin. One day, ICE was spotted on a street and community members swarmed the area, shouting “Migra! Migra!” to let people living nearby know to stay inside.

He was eating at a Mexican restaurant, he said, when the waitress recognized him. He said he ended up passing out “Know Your Rights” cards to the workers.

At first glance, Ismael Cordová-Clough’s presence online might seem combative — marked by sharp replies and public call-outs. He spends hours combing through Facebook comments, calming panicked families and, when necessary, clapping back.

“I get really nasty with people online,” he said. “Because some of them are really nasty. I think it’s OK, as long as I’m matching their energy.”

Elgin activist Ismael Cordová-Clough, right, livestreams during a protest against ICE in Elgin on Aug. 23, 2025. (Stacey Wescott/Chicago Tribune)

His vigilance has drawn admiration and threats. Strangers, sometimes fake profiles, have posted photos of his house, asking if the cars in the driveway belong to him.

“And I was like, yes, that’s my house. You’re not scaring me,” he said.

He constantly looks for signs of ICE: tinted cars spaced out, all parked backward for a quick exit. It’s hard to spend time with friends because he’s always being alerted to some arrest or a new person who might need help.

In his free time, he watches TV with his husband or spends time with his dog Coco, a 10-year-old high school graduation gift, along with Rollo, a Russell terrier, and Ollie, a chihuahua.

The work, he said, has taken a toll. And in a difficult decision, in September, he announced he was moving to follow his husband, who was relocating to California later this fall.

Posting the news on Facebook made him cry, he said. The community, while complicated for him, has grown around him. They need him, he said, and he needs them.

As the presence of federal officers has increased in recent weeks, leaving has felt even harder.

“I feel like I’m abandoning people when they need me most,” he said. “But at the same … I’ve been carrying the emotional weight around me for far too long, and that’s not my obligation either.”

Maria Elena, a volunteer and single mother who works alongside Ismael, said she’s constantly amazed by the number of people who reach out to him and rely on him.

“People really look to him for what to do,” she said, adding that she believes more people need to be out on the streets and organizing the community like him.

In recent weeks, he’s built a resource guide and tapped others — including Maria Elena and Cristobal Cavazos of Immigrant Solidarity DuPage — to carry the work forward. Despite everything, he still believes in people: in starting from scratch, and in showing up messy, unpolished.

A poem is tattooed on his forearm: “Dear little loud mouth. I loved you back then — and I still love you now.”

Best Burgers 2025: Our annual guide to the best patty this side of a bun

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Burgers aren’t forever.

Over the past year, we’ve lost some of our favorite burgers, with the closure of restaurants including Saint Dinette, Revival and Chip’s Clubhouse. But we’ve got plenty of strong newcomers to our annual burger guide, too, from a couple newly resurrected classic spots to neighborhood newbies and food trucks.

Here’s our ode to the humble burger, grouped into categories to help you narrow down where you’re heading tonight. Did we miss your favorite? Let us know at eat@pioneerpress.com.

And friends, don’t let the good burger pass you by.

Elevated: 17 ‘cheffy’ burgers

The burger at Forepaugh’s in St. Paul, pictured in September 2025. (Jess Fleming / Pioneer Press)

Neighborhood: 14 close-to-home spots.

A burger with St. Andre cheese and cognac-grilled onions is served at Altera in Highland Park on July 21. (Jared Kaufman / Pioneer Press)

Cult Faves: 9 hype-worthy burgers off the beaten path.

The 328 Burger at 328 Grill at the Legion in St. Paul Park. (Jess Fleming / Pioneer Press)

Cheers: 20 burgers at bars and dives to pair with a drink.

The burger at The Dive at Coastal Seafoods on Snelling Avenue in St. Paul. (Jess Fleming / Pioneer Press)

Destination: 11 burgers worth the drive.

The Skirt Burger from B-52 Burgers and Brew in Inver Grove Heights. (Jess Fleming / Pioneer Press)

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Best Burgers 2025: 14 neighborhood spots for a crave-worthy burger

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Sometimes a burger craving calls, and you need to answer right away. These 14 neighborhood spots have you covered.

New or updated entries for 2025 in this alphabetized list are marked with an asterisk. Did we miss your favorite? Let us know at eat@pioneerpress.com.

MORE FROM THE 2025 BURGER GUIDE:

Elevated: 17 “cheffy” burgers.
Cult Faves: 9 hype-worthy burgers off the beaten path.
Cheers: 20 burgers at bars and dives to pair with a drink.
Destination: 11 burgers worth the drive.

* Altera

A burger with St. Andre cheese and cognac-grilled onions is served at Altera in Highland Park on July 21. (Jared Kaufman / Pioneer Press)

Although there are more interesting items on the menu at fancy Highland Park newcomer Altera, the “Le Cheeseburger” kicks up a classic burger to a more elegant and French-ified level with rich St. André cheese and cognac grilled onions. The cognac in the onions gets a bit lost, but this is a solid burger at a cute new spot for a neighborhood night out.

— J.K. 

Altera: 721 S. Cleveland Ave., St. Paul; 651-788-7009; alterarestaurant.com

Bebe Zito

The Burger from Bebe Zito at The Market at Malcolm Yards. (Jess Fleming / Pioneer Press)

The folks behind this Uptown Minneapolis ice cream shop started slinging an inexpensive burger during the pandemic, and almost immediately, lines began to form. It was only available on weekends, which was part of its allure. But lucky for us, they now have counters at The Market at Malcolm Yards and a sparkly new Woodbury spot in the Woodbury Lakes shopping district, so we can all get our hands on this bacon-infused, thinly smashed, properly cheese-enrobed burger, which gets extra flavor from kicky pickled cukes and onions. The ice cream is amazing, too.

— J.F. 

Bebe Zito: 704 22nd St. W., Minneapolis; The Market at Malcolm Yards, 501 30th Ave. S.E., Minneapolis; 9000 Hudson Road, No. 620, Woodbury; bebezitomn.com

Everywhen Burger Bar

The Nicollet Burger at Everywhen, inside Centro on Nicollet Avenue in Minneapolis, is a single smashburger that contains the classic fixings, shown here on Oct. 21, 2022. Everywhen is a concept launched by the same team behind Centro and Vivir. (Jared Kaufman / Pioneer Press)

This burger spot, from restaurateur Jami Olson and executive chef Jose Alarcon, shares space with taco-centric Centro. Their Nicollet Burger is a single smashed patty with the fixings: American cheese, pickles, lettuce, tomato, onions, mayo. And it rocks. The meat itself is perfectly seasoned and crispy. And with just one patty, it’s a good lunch burger — not so heavy that it weighs you down for the afternoon. Nothing over-the-top; a classic done right.

— J.K. 

Everywhen Burger Bar: 750 S. Cleveland Ave., St. Paul, 612-489-5558 or 2412 Nicollet Ave., Minneapolis, 612-452-9785; everywhenburgers.com

* Le Burger 4304

Le Burger 4304’s flagship burger is conveniently and confidently named “le burger,” and you know what? I think it’s deserving of the title. Super juicy, and the sauce is (controversially?) under the patty, so it melts a little into the bottom bun, which I quite liked. Speaking of, the bun is lightly sweet and toasted and neither too thick nor too flimsy, though the festive custom paper wrap helps keep everything contained. (And if beef burgers aren’t your speed, they’ve also got options with fish, chicken, mushroom, chickpea and beet patties.) It’s a cozy space, so seating gets tight during busy hours.

— J.K. 

Le Burger 4304: 4304 Upton Ave. S., Minneapolis; 612-328-9267; leburger4304.com

Local Rumor

The burger at Local Rumor on St. Paul’s Selby Avenue. (Jess Fleming / Pioneer Press)

We’re loving this affordable little neighborhood gem in the former Blue Door Pub space on Selby, and the perfectly seasoned, hand-pattied double burger for just $12 is no exception. It is topped with melty mild cheddar, pickles and a generous dollop of garlic aioli, but no fries. No matter, that means you can order a side of kicky broccolini instead. You know, for health reasons. (They do have a shareable portion of rosemary-spiked fries for $7 if you prefer.)

— J.F. 

Local Rumor: 1811 Selby Ave.; 612-790-0614; instagram.com/localrumor

* Lost Fox

A burger is served at Lost Fox in Lowertown on Oct. 16, 2025. (Jared Kaufman / Pioneer Press)

This all-day coffee shop/restaurant/bar, open 8 a.m. to midnight (till 1 a.m. Fridays and Saturdays) is one of my top picks for a convenient, reliable Lowertown stop no matter what I’m looking for. In this case, of course, it was a burger, and they delivered: The Lost Fox burger, a double smash with white American cheese on a sturdy bun, is loaded with pickles, caramelized onions, fried onion straws — oh, did I mention onions? It’s like French onion soup dreamed of becoming a burger, which I’m very much on board with.

— J.K.

Lost Fox: 213 4th St.; 651-493-4694; lostfoxlowertown.com

Lynette

The burger at Lynette, a new neighborhood restaurant in Minneapolis, is has plenty of dijonnaise, as shown on Oct. 20, 2024. The restaurant opened summer 2024 and is run by the management team behind the former Lyn65 in Richfield and Petit Leon in Minneapolis, alongside the former executive chef of Cov in Edina. (Jared Kaufman / Pioneer Press)

Lynette, which opened last summer in Minneapolis’s Longfellow neighborhood, has pedigree; it comes courtesy of the guys behind the former Lyn65 in Richfield and Petit Leon and Little T’s in Minneapolis. And hey, they’ve got a pretty good burger. Two juicy, slightly irregular patties with cheese and pickles on a well-griddled bun, and they’re not shy with the dijonnaise, which helps amp up the savoriness of the beef. If you want fries, you can get a cone of duck-fat fries for $10; the portion is large enough to split. The patio is gorgeous for any remaining warm fall evenings we might get, and little soft-serve ice cream cones that come free with the check are a delightful touch.

— J.K. 

Lynette: 3753 42nd Ave S., Minneapolis; 612-223-8060; lynettemn.com

Mac’s Diner

The Mac Daddy (left) and Rodeo Smash (right) burgers at Mac’s Diner in North St. Paul, on Oct. 14, 2023. (Jared Kaufman / Pioneer Press)

This North St. Paul spot opened a couple years ago, picking up the proverbial torch (and restored neon sign) from the landmark but long-closed Mac’s Dinette. New Mac’s is bright and tastefully retro, and their signature burger — the Mac Daddy — is a nicely crispy-edged double smash with sauteed onions, fairly gooey cheese, pickles and a house burger sauce. Their other burger, the Rodeo Smash, tops its two patties with cheddar, bacon, barbecue sauce, seasoned sour cream (unnecessary) and crispy onions (very necessary). The “M” logo branded into the buns is a nice touch, too.

— J.K. 

Mac’s Diner: 2526 E. Seventh Ave, North St Paul; 651-777-9995; macsdinernsp.com

Matt’s

With a belly fully of a Jucy Lucy President Barack Obama leaves Matt’s Bar in Minneapolis on Thursday, June 26, 2014. (Pioneer Press: Ben Garvin)

The menu includes a completely unfancy Jucy (their spelling, not ours) Lucy on a completely unfancy bun in a divey neighborhood tavern. But the burger is very Minnesota, and everyone should eat it at least once. Plenty of famous people have visited, including President Barack Obama in 2014. The fries are fast-food quality but plentiful, and the well-worn griddle produces a tasty burger char.

— J.F. 

Matt’s Bar: 3500 Cedar Ave., Minneapolis; 612-722-7072; mattsbar.com

MyBurger

Although this local chain is dangerously close to fast food, the burgers themselves are a big step up from what you can get in a drive-through. Properly seasoned, smashed on a griddle but still juicy enough, with quality toppings and reasonable prices, it’s a family-friendly option for busy nights. The fact that the St. Paul location is on a busy corner without much parking kept us from trying these burgers for too long.

— J.F. 

My Burger: Multiple locations, including 1580 Grand Ave., St. Paul; 651-330-7816; myburgerusa.com

* Pajarito

Pajarito, the Mexican-inspired spot tucked away on West Seventh, added a burger to its menu earlier this year and, like everything else they do, it delivers. It’s a double-smash with onions, white cheddar and pickled jalapeños, which are a clever and spicy touch that plays well with the slight sweetness of the cheese. My one nitpick is that pickling the peppers and cooking the onions, while delicious, make everything a very similar soft texture; I wish there was a crisp crunchy element here. Pajarito’s cocktail program is consistently fantastic, too, though, making this a solid stop if you’re heading along West Seventh.

— J.K. 

Pajarito: 605 W. Seventh Street; 651-340-9545; pajaritorestaurant.com

Smorgie’s

The burger at Smorgie’s across the street from the Xcel Energy Center in downtown St. Paul. (Jess Fleming / Pioneer Press)

This downtown newcomer is a great place to get in and out of quickly before an event, and they have a tasty, inexpensive burger to boot. The pretty basic double smash is well-executed, if a little overly crispy, but is served on a fresh bun with good burger sauce and is a steal at $12, and that included perfectly crispy tater tots.

— J.F. 

Smorgie’s: 127 W. Seventh St., St. Paul; 651-204-3730‬; smorgiesbar.com

World Street Kitchen

A couple summers ago, trendy Minneapolis favorite World Street Kitchen added the beef kofta burger to its lineup of fast-casual global street food — and it’s a home run. Kofta, spiced ground beef that’s common in the Middle East and North Africa in meatball or kebab form, works perfectly as a burger patty topped with white American cheese, pickles and a not-so-spicy harissa burger sauce. The spices in the meat itself are fine-tuned, and all the toppings play off each other well. It’s unbelievably saucy (to be clear: in a good way!), so grab more extra napkins than you think you’ll need. Oh, and Milkjam Creamery is right next door.

— J.K. 

World Street Kitchen: 2743 Lyndale Ave S., Minneapolis; 612-424-8855; eatwsk.com

Yum! Kitchen and Bakery

The Burger at Yum! Kitchen & Bakery in St. Paul. (Jess Fleming / Pioneer Press)

If you’re at this bakery and cafe, you might not think to order the burger, but we’re here to tell you that you absolutely should. It’s two juicy patties with really fresh lettuce, tomato, onion and a special sauce on a house-made bun. It’s served with a crisp pickle and the cafe’s thin, crisp and addictive house-made potato chips. This is one of our favorite lunch spots, especially if we have a meeting, because the space is bright and airy, and we never feel rushed to give up a table because there’s plenty of space.

— J.F. 

Yum! Kitchen and Bakery: Four locations, including 164 N. Snelling Ave., St. Paul, 651-615-1230; and 8340 City Centre Drive, Woodbury, 651-603-4444; yumkitchen.com

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Here’s why used EV prices are in line with pre-owned gas-powered cars

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By Summer Ballentine, The Detroit News

Heavy discounts on new electric vehicles and buyer skepticism about their durability continue to push down used EV prices, which experts say has opened up a traditionally pricey market to more U.S. drivers.

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While new EVs on average cost $9,000 more than similar gas models, prices on used EVs now are competitive with their internal combustion counterparts at about $680 higher on average, Cox Automotive EV analyst Stephanie Valdez Streaty said: The used market “is one area where you can find affordable EVs.”

In September, the average transaction price for a new EV was $58,124, while the average listing price for a used EV was $34,575, according to Cox Automotive. The lower price tags could be key to winning over an unenthusiastic U.S. market, which has been further dampened by the Trump administration’s move to roll back greenhouse gas regulations and end federal EV tax credits.

“It’s important, because one of the biggest barriers for adoption is price,” Valdez Streaty said.

Retired Naples, Florida, resident Jon Peter Vollmer, 65, owns two used Chevrolet Bolts, including a 2020 model he bought earlier this year for $7,500. At the time of purchase, Vollmer said the Bolt had been driven 45,000 miles.

For comparison, Kelley Blue Book values a used 2020 Honda Civic sedan at about $14,000 and a 2020 Toyota Camry at roughly $15,000.

“The cost was so incredible,” Vollmer said. “They were much more cost-effective.”

It’s unclear how the loss of $7,500 tax credits for new EV buyers and lessees will impact new vehicle prices, and in turn used EV prices, analysts said. A credit of up-to-$4,000 for used EV purchases also expired Sept. 30, but other factors so far have meant steep depreciation for used battery-powered models.

“Some of the prices on used EVs are just nuts,” said Sam Abuelsamid, vice president of market research at Telemetry. “And so there are some really good deals to be had up there, and they may get a little bit better in the coming months. But they’re already pretty low, so they probably won’t drop too much more.”

Why are used EV prices so low?

Discounts on new EVs, the draw of new tech featured in new models, and lack of consumer confidence in the lifespan of EV batteries are top factors driving used values down, Valdez Streaty said in an email.

“Automakers are cutting prices and offering substantial lease incentives to stay competitive,” she said. “In many cases, a new EV — after discounts — costs less than a used one, which puts downward pressure on resale values.”

Issues with early model EV batteries also have lingered in buyers’ minds, analysts said, hurting used sales in particular. First-generation Nissan Leaf batteries degraded more quickly because they lacked pricier battery coolers, Abuelsamid said. He said 2026 Leaf models will have updated cooling systems — which many other EV brands have offered for years — that should help battery lifespan.

“Pretty much all of the other EVs, after 10 years they typically have at least around 90% of their original capacity,” Abuelsamid said. “Manufacturers, apart from Nissan with the first Leaf, they have been very careful with the thermal management of the battery, because what causes the battery degradation most of the time is overheating the battery.”

Battery life is “not really something that consumers should be worried about,” Abuelsamid said.

Consumer confidence in the durability of EVs and the longevity of their batteries — by far the most expensive component — likely will grow with time, Valdez Streaty said.

“When we’re able to show these batteries are really good and are going to last a long time, that’s going to help also with the depreciations of EVs,” she said.

How long will prices stay low?

Prices on used EVs will increase or decrease depending on demand and how new EVs are priced, analysts said. Demand rose in recent months, spurred by pull-ahead sales from buyers and lessees hoping to take advantage of the EV tax credit before it expired.

Used EV sales so far this year were up 76% as of September compared to the same time period last year, according to Valdez Streaty.

In response, used EV values also grew more than 6% in September compared to the same time last year, according to wholesale used vehicle auctioneer Manheim. Gas-powered vehicles saw a 1% hike in appreciation during the same period.

“The expiration of federal tax credits created a short-term demand spike that helped stabilize values,” Valdez Streaty said in an email.

“Consumers kept the pace of new and used EV purchases high over the quarter, prior to the expiration of the tax incentive,” said Jeremy Robb, deputy chief economist for Cox Automotive. “This heightened demand pushed EV wholesale values higher again (in September), making EVs the strongest-performing segment in year-over-year value appreciation.”

Moving forward, used EV prices will “depend a lot on how much automakers put prices on new EVs,” Abuelsamid said.

“If we see a bunch of price cuts, especially on existing models, that will hurt residual values,” Abuelsamid said. “So we may see some of the used EV prices start to come down, and that will help sales of those vehicles. EVs have always had, up until now, a lot of depreciation anyway, in part because the tax credits went to the new car buyers. Until the (Inflation Reduction Act) came along, there were no incentives for buying a used EV.

“And so the used EV prices were lower than a comparable gas vehicle. We may see those prices come down even a little bit more in the coming months if we see more price cuts on new EVs, but it probably won’t go down too much more than it is now,” Abuelsamid said.

Another dip in prices could be coming in a few years. More drivers opted to lease EVs beginning in 2023, when the Inflation Reduction Act made tax incentives available to lessees regardless of income. U.S. drivers have leased roughly 1.1 million EVs since 2023, Valdez Streaty said. As lease terms end in the next several years, those vehicles will flood the used market.

“The used EV market is very small right now,” said Cox Automotive spokesperson Mark Schirmer in an email, “but certainly growing as the new EV market grows. The real acceleration is coming, in 2027 and 2028, when a heavy load of leased EVs come back to market, something we will be watching carefully.”

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