Buying a used electric vehicle is a little different from buying an internal combustion engine car, as highlighted in a recent article. The used car market is currently flooded with electric vehicles due to the surplus of new models being released to meet government mandates. This presents an opportunity for buyers to consider purchasing a used EV, with prices ranging from $25,000 to $35,000. However, before making a purchase, it is important for buyers to familiarize themselves with a research checklist specific to battery power to ensure they are making an informed decision.
Seasoned EV owners and experts recommend that buyers first determine their needs before jumping at what seems like a good deal on price. For example, some older models with a shorter range may not be suitable for longer commutes or road trips. Additionally, buyers should consider charging infrastructure and the availability of charging stations in their area. Online resources such as ChargeHub, PlugShare, and EV Connect Canada can help buyers locate nearby charging stations.
When evaluating a used EV, it is crucial to obtain a vehicle history report, such as Carfax, to gain insight into the car’s origins, mileage history, and any previous accidents or repairs. Buyers should also check the battery’s health, beyond just its charging capacity, to ensure that the internal integrity of the battery packs is intact. Warranties of at least eight years or 160,000 kilometers are standard for most EVs, but buyers should confirm during a test drive that the battery is charging properly.
Inspecting the EV’s computer system is equally important, as it controls many functions of the car. Ensuring that the computer’s firmware and software are up to date is essential, as outdated systems could indicate tampering. Physical components such as the motor, drive train, and tires should also be inspected for wear and tear, as these components may be more expensive to repair on an electric model. Seeking advice from existing EV owners can be valuable, as they can provide insights into potential pitfalls and things to watch out for when purchasing a used EV.
Ultimately, buying a used electric vehicle requires thorough research and due diligence to ensure that buyers are making a sound investment. By following a checklist specific to battery power, considering their needs, obtaining a vehicle history report, checking the battery’s health, inspecting the computer system, and evaluating physical components, buyers can make an informed decision when purchasing a used EV. Engaging with the EV community for advice and attending meetings or events can also provide valuable insights into the purchasing process.
