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this post was submitted on 01 Jan 2024
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A used market is mostly a matter of time. There just hasn’t been enough EVs available for long enough to have much of a used market
The older EV models currently in the used market should be avoided. They are mostly compliance cars like the original Fiat 500e and the VW eGolf — slow charging only, small worn out batteries, and little range. Or they are first generation Leaf EVs with failing batteries that are out of warranty or cannot be replaced due to eternal back order at Nissan.
The 2017-2019 Bolts can be a good buy if they’ve already had their batteries replaced under warranty/recall. Decent range and amenities, though some find the earlier model seats uncomfortable.
This next generation of used EVs (cars shipping as new right now) will be great — longer range and faster charging.
Related…
https://electrek.co/2024/01/04/top-ten-most-popular-used-evs-2023/
Agreed, and there's a LOT of usage in my area so I would expect there to be a decent used market. Unfortunately it doesn't seem to be there yet. I know in time EVs will be as cheap and common as ICE vehicles are today, but personally I feel like currently they are still only available to people with a LOT of disposable cash.