You may have been wavering between purchasing a used or new electric vehicle, but you are still undecided. We are going to go over the pros and cons of purchasing a new electric vehicle versus a used one.
Purchasing A New Electric Vehicle
Buying a brand-new electric vehicle tends to be more expensive than purchasing used. Most smaller electric newer vehicles start out at about $33,000. If you are looking for more luxury, your starting price point is between $75,000 to $100,000. Purchasing a newer electric vehicle does draw some drivers to do so, due to the fact that the vehicle hasn’t experienced any wear and tear. Plus a brand-new vehicle has all of the latest technology and features that a used vehicle may not have.
You may notice when purchasing a newer model that the electric range is higher than older models. Also, newer models are also able to take advantage of DC fast charging, which can increase the amount of time it takes to charge your vehicle. DC fast charging can charge your EV up to 80% within a half hour. If you opt for an older electric vehicle, you are not able to take advantage of this capability.
Due to the large number of tax credits brand-new electric vehicles get, they do suffer a faster-than-average rate of depreciation. Essentially will cut into the resale value down the road. But by purchasing a used electric vehicle, most of the depreciation cut has already affected the first owner.
Purchasing A Used Electric Vehicle
Buying a used electric vehicle from the Electric Car Corner will save you thousands of dollars in comparison to purchasing brand new. This is due to the fact that depreciation has taken its biggest hit with the first owner of the vehicle, thus, saving you on your used electric vehicle purchase.
Depending on where you are searching for a used electric vehicle, it may be hard to find one in your area. If you see an electric vehicle that you love on our website and you are located out of state or town, ask us how we can ship your electric vehicle to your home.
Purchasing an older electric vehicle can hamper your range. For example, a 2015 Nissan Leaf has an electric range of 84 miles on a charge; in comparison, the 2019 Nissan Leaf has an electric range of 150 miles. Being in Rochester, NY we experience drastic temperature changes; you may want to opt for a vehicle with more range. Hot or cold weather can affect your vehicle's battery performance, especially if you tend to run the heater or a/c on full blast.
Over time electric vehicles will slowly lose their ability to hold a full charge. This is a bigger issue with older and shorter-range electric vehicles that are driven to their limits more often. If you drain your electric vehicle battery consistently, you are cutting into its capacity more quickly. But if you tend to top off the vehicle battery, then you are helping to preserve the battery and not straining it.
We highly recommend purchasing a warranty with any used vehicle. We are able to sell warranties for electric vehicles, whereas some dealerships are unable to.
If you are looking for a used electric vehicle, check out the Electric Car Corner. We have the biggest selection of high-quality used electric vehicles in the Upstate New York Region. Click here to view our inventory.