With the price of new electric vehicles edging closer to those of gasoline-powered cars, shoppers may wonder whether or not it’s worth it to consider a used one. Fortunately, the inventory shortages of recent years have made used EV models more affordable than ever, particularly if you stick with older-model vehicles that were on the market when battery prices were much lower.URL :https://ev.com/search
In general, EVs cost less to maintain than traditional vehicles, so they tend to hold their value better as a used car. This means that you can find examples from the 2023 model year and earlier for under $15,000, with a few models even qualifying for both the $4,000 IRA tax credit and the NYS Drive Clean Rebate for additional savings.
History in Motion: Old Electric Cars for Sale Today
It’s also important to remember that most EV batteries are designed to last a decade or more, which is good news for those considering an older model. The drawback is that a used EV’s battery will gradually lose capacity over time, so it’s best to look for a unit with low mileage and that still has its original warranty.
If you’re planning to shop for a used EV, be sure to ask the seller if it includes a Level 1 charging cord that allows the vehicle to recharge from a standard wall outlet. These chargers are relatively inexpensive at around $500 to $800, but they’re essential if you plan to make frequent trips with your EV.