The Electric Dilemma: Pros And Cons of Buying An Used Electric Car

Thanks to the government, electric vehicles are moving from being a niche category to becoming booming mainstream options. With no emissions and fuel savings, they are stealing the spotlight from the ICE cousins. But what if you're not ready to splurge on a brand-new EV? Prices soaring too high might be a concern for many middle-class buyers. For them buying a used EV car emerges as a more economical option. But is it worth it? Let's dive into the pros and cons of buying a used electric car. Before moving ahead make sure to join the 91wheels WhatsApp community to never miss out on any automotive updates.

PROS: Why It Can Be A Good Option?

• Cost Saving: The most obvious benefit right? Used EVs depreciate faster than their ICE siblings, mostly due to battery wear and tear concerns or rapidly evolving battery technology in a newer model. This means that you can snap a two to three-year-old EV in half of its price.
• Lower Running costs: No more loosening your pocket on petrol and diesel, they are far more efficient and cost less than the fuel prices. No hassle of changing oils, belts and exhaust system.
• Eco-Friendly Commute: EV already gives you some brownie points for sustainability over ICE cousins. Even if it's brand new or not, it will give zero emissions.
• Instant Torque and Smooth Drive: Electric motors offer instant power delivery, they will surprise you with their zippy acceleration if you're shifting from an ICE car.
• Government Incentives: Depending upon the region, where you live, some states offer incentives and tax waivers for EV registration.

Cons: The Hidden Bumps In The Used EV Ownership

• Battery Degradation: The battery is the heart and soul of the EV, similar to other batteries, it too degrades over time. This degradation results in reduced range and more charging time. On the other hand, replacing a battery can be very expensive, and can cost half the price of a car.
• Limited Range: A 3-5-year-old EV will travel less on a single charge than it did when new. So, buying a used EV will give you a bit less, so you might need to plan your trips a bit more.
• Outdated Technology: EVs are evolving with the speed of light, and more optimised batteries, fast charging and many more new features might be missing.
• Limited Charging Infrastructure: If you live in metro cities like Delhi, mumbai have a better charging infrastructure. Meanwhile, the tier-2 cities may not have enough fast chargers, making long-distance travel a huge challenge.
• Resale Value: This is very important factor for many buyers in India, while EVs have a highly unpredictable resale value. This comes as rapid advencements in the battery tech and growing battery concerns over time.