Find Used EVs and Incentives
The used EV market has seen fast growth, with prices dipping and sales increasing, and federal tax credits and local incentives helping more people get into their first EV. Not only can used EVs save consumers up to half the cost of a new EV, but they also cost less over time than similar gas cars thanks to the lower fuel and maintenance costs associated with driving electric. Determine your potential savings using the Choose EV Savings Calculator!
Learn about used and new EV incentives by zip code.
Used EV Incentives
Used EVs now get incentives and tax credits similar to new EVs, making it more affordable than ever to purchase an EV and immediately start saving money. Buyers of qualified used EVs receive a federal tax credit if certain personal and vehicle criteria are met. Read the full list of requirements here. Used EVs also can receive local or regional incentives on top of the Federal Tax Credit. Looking for a full list of incentives based on your zip code? Search for all EV incentives here!
Discover available incentives in your area for a used EV.
EV Incentives for:
Battery Life and Warranties with used EVs
Batteries last a long time, but just like the batteries in your phone, the amount of charge they can hold lessens over time. The used EV you’re looking at may only offer three-quarters of its original driving range due to the battery’s age. Most drivers travel less than 40 miles per day, so your average driving needs should still be completely covered.
To get the most bang for your buck when it comes to battery life, shop for an electric vehicle with around 50,000 to 75,000 miles. Recurrent’s free vehicle-range report helps you understand an EV’s battery condition and estimate how much you should pay for the vehicle based on it.
Depending on how old an EV is or how many miles are on it, a used EV may still be under a warranty that can be transferred to the new owner, so be sure to ask the seller to see if that’s available.
Charging Your Used EV
Before purchasing and driving off with your used EV, check to see that the seller included the correct charging cord along with adapters or other vehicle-specific charging equipment. If they haven’t, you will want to make sure that’s noted on the paperwork, reflected in the price of the vehicle, and then purchase the appropriate charging equipment.
The Used EV Bottom Line
Price trends in the used EV market can fluctuate based on several factors, like vehicle availability and market demand, however, you’ll ultimately save money overall buying and driving a used EV.
Stay up to date on the latest used EV price information at Recurrent Auto. You can also calculate your potential savings over time with the Choose EV Savings Calculator!
