IIf you’re considering trading up to an electric vehicle but think it’s too costly, think again. Used Tesla Model 3 or Kia e-Niros, capable of 250-300 miles on a single charge, can now be purchased for just £14,000.
Last year, prices for used electric vehicles dropped significantly, making previously unattainable models now accessible to many families.
In fact, Autotrader reported that EVs are now almost as affordable as petrol cars, with the average price of a three- to five-year-old EV in July being £18,964, compared to £18,076 for a petrol car of the same model year.
Ground-breaking ultra-efficient models from three to four years ago are now available on the second-hand market at much more affordable prices, despite initially costing between £40,000 and £50,000 new.
According to David Smith of Cleveleys Electric Vehicles, there are some incredible deals available, with cars offering nearly the same driving range as new models, proven reliability, and warranties still intact, all at a fraction of the price.
Smith also recommended the Kia e-Niro with its 64kWh battery for families under £15,000, citing its efficiency, range, and reliability.
Another model to consider is the MG5, which has proven to be extremely reliable according to Cleveleys Electric Vehicles.
Smith mentioned that longer-range EVs are not as risky as perceived, with many cars maintaining their mileage even after extensive use.
Buying a used, fuel-efficient EV eliminates the issues that new electric vehicles may face, making them a practical choice for many buyers.
For those looking to purchase, there are several affordable options available, like the Kia e-Niro and Tesla Model 3, both offering long-distance capabilities at competitive prices.
Charging at home is much cheaper than using public charging points, making EVs even more cost-effective in the long run.
Consider the warranties, charging options, and overall cost before making a decision on purchasing a used EV.
Consider the charging infrastructure, insurance costs, and warranty coverage when buying a used EV to ensure a wise investment.
Source: www.theguardian.com