As the electric vehicle (EV) market has matured, used EVs have become available at a variety of prices. Buyers have a lot to consider, however. The most important consideration is the battery’s longevity and range. Depending on the model and where it was bought, used EV batteries can degrade faster or slower than the rest of the car, meaning that driving range will decline over time.Read more:https://ev.com/

A well-maintained, used EV can still be a great buy, especially for New York drivers. EVs have a smooth, quiet power delivery that is admirable for drivers, and they are often cheaper to operate than comparable gas-powered cars. Nevertheless, they are not without their compromises: EVs tend to have more limited cargo space and may not offer the same performance or handling as other cars in their class.

The Eco-Friendly Choice: Pre-Owned All Electric Cars

Fortunately, some models have been around long enough to see a substantial drop in prices – the Kona Electric is an excellent example. The sleek hatchback’s EPA-estimated 253-mile range and surprisingly competitive acceleration make it a strong value.

Price varies by state and condition, so it’s worth shopping and negotiating. Pricing resources like Kelley Blue Book and Consumer Reports can help shoppers determine the fair market value for a particular used model. Cold weather suitability should also be considered, as some EVs ship from the factory with “cold weather packages” that can boost range by up to 30% in the winter.

Whether buying an older or newer EV, the new 2024 point-of-sale tax credit makes purchasing an EV even more attractive. Recurrent will continue to track and share details on the process of registering a used EV for this credit as the IRS releases more information.