US EditionShould I buy a used electric car?
Buyers are advised to evaluate battery condition and driving range to avoid unexpected costs and ensure vehicle performance, experts say.
- Ivan Drury of Edmunds said used electric vehicles currently account for about 2% of the used car market but should grow notably in coming years.
- This expected increase stems from a rise in off-lease EVs entering the market starting in 2026 amid fading federal tax credits and softened new EV sales.
- Used EVs can offer value due to lower residual prices and less maintenance, but buyers should consider battery degradation, charging needs, and older software features.
- Most EV batteries carry an eight-year or 100,000-mile warranty, guaranteeing at least 70% capacity retention, while some brands extend warranties to 10 years across the U.S.
- The growing supply of used EVs implies more affordable options for buyers, but purchasing a used EV requires weighing environmental benefits against practical limits like range and charging infrastructure.
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Should I buy a used electric car? | News Channel 3-12
Jonathan Weiss // Shutterstock Should I buy a used electric car? The market for new electric vehicles has softened in the past year and likely will remain weak for a while as EV makers and their customers adjust to the dramatic shift in federal policy toward clean vehicles. That shift includes the pending abolition of federal tax credits that make EVs more affordable for consumers and the reduction or termination of many of the credits, loans an…
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Total News Sources33
Leaning Left2Leaning Right0Center27Last UpdatedBias Distribution93% Center
Bias Distribution
- 93% of the sources are Center
93% Center
C 93%
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