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With ICE cars the best deal was always buying a gently used car that was just a couple of years old. Is that not still the case with EVs?
by lockhouse 3y ago
With ICE cars the best deal was always buying a gently used car that was just a couple of years old. Is that not still the case with EVs?
- mikestew 3y agoThere's not a reason I can think of that it shouldn't be the case with EVs. Were I to guess (and that's all it is), EV market is smaller than ICE, EVs are pricey to start with, ergo used EVs might be an even better deal than a used ICE. Regardless, having owned two EVs over that last 12 years, I'd have no problem buying a used one. Not much to go wrong, and they're otherwise like any other car.
- sokoloff 3y agoI think 4-6 years old is a better deal financially versus 2 for ICE cars (often right before or just after the factory warranty expires and people get spooked by that, reducing the bid for the fleet at that age). The incentives on EVs perturb the market slightly, and I don’t expect EVs being made today to last as long as ICE cars being made today, so buying or leasing new could make more sense in the EV case if you can get a bunch of trunk money thrown in. (I say this as a family with an 8.5 year old EV LEAF and an 18 year old ICE CR-V who appreciates both cars.)