Is an Electric Car For Sale Right For You?

electric car for sale

You can use our new car rankings and reviews to help you decide if an electric car for sale is the best option for your needs. Our research shows EVs are usually cheaper to operate than their combustion-engine counterparts thanks to lower energy costs, as well as reduced maintenance expenses like oil changes and replacement tires.

EVs are also more efficient than gas-powered cars, meaning that their owners may see lower auto insurance rates, too. But there are a few things to keep in mind when considering an EV for sale, including the price of the battery and the availability of charging stations near you. You should also think carefully about optional or upgraded features like large wheels or roof racks, which can increase the sticker price and reduce efficiency. For a better idea of how much an EV is likely to cost to run, check its EPA range estimates or the manufacturer’s website for specific figures.

Considering the Switch: Electric Car for Sale

While you might have seen headlines suggesting EV sales are slowing, it’s important to remember that the EV market is still booming, and many analysts believe it will continue to grow in 2024. The issue facing most automakers, however, is that there simply aren’t enough EVs available at affordable prices, and a lot of customers cannot afford to pay the price of a premium model.

For those shoppers who are shopping for an EV, a good option could be to buy or lease a used model. Most EVs are expected to retain their value, and the IRA tax credits available for EVs are currently less restrictive than they have been in the past, making a used EV a great option for some buyers. Many EVs also come with warranties lasting eight years or longer, which adds to the peace of mind of a potential buyer.

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