Day: March 10, 2024

Used Electric Cars For SaleUsed Electric Cars For Sale

If you’re looking to buy an electric car, but aren’t ready to splurge on a new model, we have good news: Used electric cars for sale are on the rise. As more EVs come off lease and into the used market, buyers have plenty of choices, but there are a few important things to keep in mind when shopping for an EV.

Most vehicles depreciate over time, and this is true of EVs as well. But unlike other used vehicles, the EV market skews younger, with almost half of available models being three years old or less. This is likely due to more charging stations and EV familiarity among buyers, which has helped EVs retain their value better than traditional gas-powered cars.

Finding Your Perfect Ride: Used Electric Cars for Sale

EV battery range degrades over time, though the exact rate depends on how and where the car is driven. If you’re considering a used EV, research the original EPA estimated range before you see it in person. It’s also a good idea to ask the seller to have it fully charged before you take it for a test drive. Steady highway cruising drains batteries much faster than stop-and-go driving, and you’ll want to know how far the vehicle will go on your usual route.

Purchasing a used EV is an excellent way to get all the benefits of an electric car while saving money on the purchase price and fuel costs. And, of course, if you buy an eligible used EV, you can still qualify for federal and state tax credits.