Electric vehicles are losing some of their retail juice, at least based on the newest study from iSeeCars.

Analysts from iSeeCars reported five of the top 10 used cars with the largest price drops in June were EVs. And Teslas have sustained the biggest drops in retail pricing among 1- to 5-year-old used cars.

Used EV prices dropped 4.8% in the past year, while prices for used gasoline cars rose 5.2%, according to iSeeCars tracking.

“Used car shoppers focus, first and foremost, on value. For them, used EVs offer about $1,200 less in value than a gasoline vehicle – and while you can love or hate how the market prices a vehicle, you can’t argue with it,” iSeeCars executive analyst Karl Brauer said in a news release.

Brauer predicted that prices are likely to drop even more with federal incentives expiring in two months, especially considering these two other points:

—Used EV market share growth plummeted to just 14.2% in the past year, down from 98% growth the prior year.

—Despite this drop in used EV market share growth, used EV supply has increased, with more models entering the used car market than buyers who want them.

As a reminder, the used EV incentive of $4,000 from the federal government expires on Sept. 30.

In the report that accompanied the data, iSeeCars offered this perspective geared toward consumers that might also enlighten dealers, too, when saying, “While it’s likely electric vehicle sales will fall after the new and used incentives go away and many models may be delayed or cancelled due to the drop in demand, automakers have invested too much money to completely abandon EVs.

“There will always be some electric options in the new and used car markets. If you can’t or don’t want to buy before September 30, that’s okay. Just relax and consider an EV purchase when it makes sense for you,” iSeeCars went on to say.