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Why You Might Not Want To Buy That Cheap Used EV
13 May 2023 | Abstracted from Slash Gear
"...much like with buying a regular used car, you should be very careful when searching for a used EV...The first and biggest thing you need to think about before purchasing a used EV is the longevity and efficacy of its battery.
"EV batteries can degrade as much as 2% per year depending on how heavily they're used...that means you're getting the EV equivalent of a middle-aged person...Due to a variety of social and economic factors, EVs tend to depreciate in value even faster than regular cars."
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