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Is it OK to buy a used electric car?
I want to buy an electric car, but I’d rather go for a tried-and-true model that has been gently used over taking a risk on something new. Is it OK to buy a used electric car?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Buying an EV second-hand is a great option, but you should keep in mind that used electric cars are more popular than ever right now, and could be subject to inflated prices.
Electric cars are also more prone to depreciation than gas-powered cars, so you should be very discerning when shopping around. Before you buy, you should:
- Verify the condition of the battery and charging equipment. Even EVs a few years old should be functioning at full battery capacity.
- Verify that all safety features are working and updated.
- See how much time is left on both the basic warranty and the battery warranty.
- See if buying a used EV will qualify you for any rebates or incentives.
Once you find the perfect car, you’re going to need a great
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- Gregory R.
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