4 Key Points to Keep in Mind When Shopping For Used All Electric Cars

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Used all-electric cars offer a lot of the benefits of owning an EV at a much lower price. But, it’s important to keep some key points in mind when shopping for one. Check this out:https://ev.com/

Battery degradation: Just like mobile phones, laptops, or TV remotes, EV batteries naturally lose storage capacity over time. Significant temperature swings and repeated charges accelerate this process. The good news is that modern EVs use sophisticated liquid cooling to minimize degradation. During your search, ask sellers to fully charge the battery and note its estimated range. This way, you can compare it to the original rating and gain some confidence in assessing its health.

Cold weather capability: Many EVs are built to operate in northern winter and come equipped with DC fast charging and cabin heating systems that improve performance in freezing temperatures. If you’re considering a used model, check to see whether these features are included or can be added as options.

Charging Forward: Used All-Electric Vehicles

Federal tax credit: Starting in 2024, participating EV dealers can pass through the full $4,000 federal EV tax credit at the point of sale, regardless of year-end taxpayer status. Learn more in our article about EV tax credits.

As a result of advances in global transportation and logistics, products now move around the world faster and at less cost than ever before. While this is a positive for consumers, it can have an impact on the availability and pricing of certain vehicles in the US. For example, in recent months, dealers have reported low inventory of new Tesla models. This has caused some buyers to consider buying a used all-electric car instead.

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