Is it Worth the Extra Cost to Buy Used Electric Cars for Sale?

EVs are popular among buyers seeking lower operating costs, government incentives, and a cleaner environment. But with EVs depreciating faster than gas vehicles, some shoppers may wonder whether it’s worth the extra upfront cost to buy used instead of new.URL:ev.com

The good news is that EVs typically hold their value well, and some manufacturers offer extended battery warranties for eight years or more after the initial sale, providing peace of mind in the event of a battery failure. Those extended warranties can be transferred to a buyer when the original owner sells or trades in the vehicle.

Classic Eco-Rides: Old Electric Cars for Sale

While it is possible to find some pre-owned EVs on the market with less than 100,000 miles on their odometers, these tend to be older models that are no longer in production. Buying a pre-owned EV requires a careful inspection by a mechanic who can inspect the vehicle’s computer systems and, especially, the state of its battery pack.

It’s important to remember that EV batteries can degrade over time, depending on how and where the car is driven. Consequently, many owners who have purchased late-model EVs will not be able to get as much driving range as the EPA estimates when they bought it.

If you’re looking to save some money and want a pre-owned EV with more of the latest technology, check out the Kia Soul EV. This funky compact wagon is as roomy and practical as its gas-powered counterpart, with bold exterior styling and features like an eight-inch infotainment display and a reversing camera. It’s rated to run for up to 90 miles on a charge and can be found on the pre-owned market with low mileage for around $15,000.