The $20K Electric Revolution: How Yesterday's Luxury EVs Became Today's Budget-Friendly Rides
Download MP3 Episode Show Notes / Description:
- Market Opportunity: As more new electric vehicles enter the market, used EV offerings are increasing dramatically, creating excellent buying opportunities for budget-conscious consumers
- Price Advantage: While new cars average about $40,000 and used gas vehicles average $29,000, there are plenty of used electric vehicles available for under $20,000
- Why EVs Are Cheaper Used: Electric vehicles haven't yet "caught fire" in the used car market, meaning you can save significant money compared to equivalent gas vehicles
- Best Options Under $20K: Top choices include the Chevrolet Bolt, Nissan Leaf, and BMW i3 - all offering reliable electric transportation at affordable prices
- Under $15K Options: Budget-friendly choices include older Nissan Leaf models and some older Prius vehicles, with many used Prius options readily available in the marketplace
- Double Savings: You'll save money on the purchase price plus ongoing gas costs and reduced maintenance expenses over the years of ownership
- Battery Inspection Critical: Always have the battery tested and inspected before purchase to ensure it's not burnt out or nearing expensive replacement - just like you'd check the engine and transmission on a gas vehicle
- Smart Shopping Strategy: Whether you originally wanted an EV or not, the current used electric vehicle market presents a unique opportunity to save money while going green
