Does Mileage Really Matter When Buying a Used EV?

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  • As electric vehicles (EVs) become more popular, they will increasingly appear in the used car market. Currently, used EVs are rare on car lots, but this will change over time.
  • When considering a used EV, the key question is whether you should treat the odometer mileage the same as a traditional gasoline vehicle.
  • Unlike gasoline vehicles, electric vehicles have fewer moving parts, with no engine, transmission, or hydraulic systems.
  • Electric motors in EVs are much less prone to wear and tear compared to combustion engines.
  • There are no oil changes, spark plugs, belts, or hoses to maintain in an EV.
  • One of the most common and expensive repairs in gasoline engines is the O2 sensor, which is not needed in electric vehicles.
  • EVs also don’t have catalytic converters, which are frequently stolen from gasoline vehicles.
  • The biggest concern for used EVs is the battery longevity. High-mileage EVs can still be a good option, but battery health is crucial.
  • To ensure you're buying a used EV with a good battery, check if it’s been properly maintained and tested.
  • Many EV batteries have warranties of 100,000 to 150,000 miles, but the time limit of the warranty is also important to consider.
  • Unlike gasoline vehicles, the value of a used EV is less influenced by odometer mileage. However, you should always check the battery's condition.
  • One area where EVs wear out faster than gasoline vehicles is the tires. Due to regenerative braking, tires on EVs experience more wear.
  • Tires may need more frequent replacement on EVs, but this can be easily assessed by checking the tread.
Key Takeaways:
  • Mileage on a used EV is less significant than on a gasoline vehicle.
  • Focus on the condition and lifespan of the battery when buying a used EV.
  • Tires may wear out faster on EVs, so be mindful of maintenance costs in this area.
Conclusion:
  • When purchasing a used electric vehicle, prioritize battery health over odometer mileage. As long as the battery is in good shape, the EV will likely provide a longer, more reliable service than its gasoline counterparts.
Does Mileage Really Matter When Buying a Used EV?
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