EVs may seem like the natural choice for drivers who are looking to reduce their environmental footprint. But they don’t come cheap. The average EV transaction price in February was $52,314, according to Cox Automotive. And that might scare some shoppers away from making the switch. But if you’re willing to look for an electric car for sale used, it might be worth the extra effort.
For example, the 2023 electric car for sale used Ioniq is available in a few different trims and prices. Depending on the model you choose, you can save up to $11,000 or more on the purchase price. Plus, you’ll get the benefits of a new EV with lower mileage and less wear and tear.
Just make sure the vehicle you’re considering has an estimated range that fits your driving needs. EV batteries degrade over time and can lose some of their usable capacity through fast charging and full-charging cycles. That’s why it’s important to find out if the vehicle you’re interested in still has its original battery warranty. Some manufacturers offer warranties that last up to ten years or 100,000 miles.
Electric Car for Sale Used: Finding the Best Deals
Another thing to consider when shopping for an electric car for sale used is whether you can still qualify for federal incentives or state and local rebates. You might also want to compare auto loans, including those that are specifically designed for EV buyers. These options could effectively cut the cost of a used EV, helping you meet your financial goals.