Is a Used EV a Good Idea?
Electric vehicles are touted as being the wave of the future, but is buying a used EV a good idea? Before looking into used car dealerships, learn about the pros and cons of buying a used electric car.
What Drivers Should Consider Before They Buy
Everyone knows the benefits of buying a new EV. Electric vehicles don’t use fossil fuels, reducing their environmental impact and saving drivers money. These days, most used car dealerships have at least one or two in their showrooms. But are they worth buying?
Batteries Are the Biggest Worry for Used EV Buyers
Electric vehicles have fewer moving parts than their gas-powered alternatives. Fewer moving parts means less to go wrong, and EV owners’ typical driving habits further improve the situation. The limited range of most EVs means people don’t drive them as far.
What most drivers worry about when buying used EVs isn’t the general condition of the cars but the batteries. Most major battery components come with manufacturers’ warranties, and the EVs found at used car dealerships are usually well within the eight-to-ten-year warranty periods.
The flip side of the coin is that when EV batteries reach the end of their warranty periods, they are expensive to replace. The cost of purchasing a new battery pack starts at around $4,000 and can range as high as $10,000 for some models.
Eco-Friendly Drivers Can Do Their Part for the Planet Twice
Buying an EV takes one more combustion-powered engine off the road. That’s good for the environment since the pollutants emitted by traditional gas-powered cars contribute to climate change.
Buying any vehicles at used car dealerships is also better for the environment since it reduces the need for natural resource extraction. The initial manufacturing of an electric vehicle has a larger carbon footprint. Drivers who buy them new don’t start making up for the higher manufacturing emissions for 6 to 18 months.
Used EVs have already offset their initially higher emissions. Buying them instead of going for brand-new models right off the factory lines means drivers are doing their part for the future of the planet not once but twice.
Used EVs Don’t Make Sense for Everyone
That EVs run off electricity instead of gas is what sets them apart from traditional vehicles with combustion engines. Unfortunately, it also makes them a poor choice for some drivers.
EVs require frequent charging and older models have shorter ranges and lower battery capacity. Drivers who don’t have a place to plug in at home may find themselves at a disadvantage. The price of public charging stations varies significantly.
Renters may have difficulty convincing landlords to install dedicated 240-volt plugs. Plus, not all homes can support EV charger installation. If a home has old wiring, an electrician will need to fix it. Even if the house has modern wiring, installing an EV charger can cost thousands of dollars.
All these factors make it essential that buyers consider whether a used EV is the right solution. Talking to experts at reputable used car dealerships about the pros and cons of purchasing an electric vehicle can make the decision easier.