Did you know that the used car market is bigger than the new car market? Not only this but buying a used car has many benefits like, multiple options, paying less and getting more features, less insurance, can get an extended warranty and many more. However, have you ever thought of considering buying a used EV? Strange call, right? Well, not so much because in this article, we will be sharing the pros and cons of buying a used EV and give our opinion if it is a good decision or not!
Yes, it is a known fact that used cars have a high depreciation value but in the case of EVs, you can expect a lot more. Since the infrastructure in India is still adapting, the demand for EVs is not so much. And thus, if you are sure of your bargaining skills, you can get a pretty sweet deal on an old EV.
Low running costs
EVs are known to have low running costs so a new or a used one, it'll definitely save your pocket by quite some margin than a petrol, diesel, hybrid or even a CNG car.
If you live your life on the edge or are someone who likes to have a performance-oriented vehicle but is on a budget then EV is your best bet. Just tap that throttle and you literally fly in an EV. Electric vehicles have an outright performance which some people really like.
Since there is no engine, there is literally no noise in the cabin at all. EVs are silent and thus your drives are quite relaxing in these. Even if you are chauffeur driven, the only noise you will hear is of the AC vents or from the outside but nonetheless, the no noise factor wins in favour with the EVs.
Cheaper To Maintain
Yes, even though the country is adapting to the EV culture, we have to agree that maintaining an electric vehicle is cheaper when compared to petrol and diesel vehicles. EVs do not have several components nor do we have to worry about the maintenance issues as most EV car owners in India will connect with the authorised service centres and from there we can get the right information about the condition of the vehicle.
No 10 year/15-year rule with EVs
The Delhi-NCR strict rule of banning diesel vehicles over 10 years of age and petrol over 15 years of age is just pathetic for car enthusiasts. For those who maintain their car in a righteous manner, it is a rubbish rule. However, if you own an EV then there is no such rule. So drive it for more than 15 years and nobody will say a word as it is eco friendly.
Limited range of vehicles
When compared to the ICE vehicles, the selection of EVs is limited here in India. The budgeted EVs are Tata Tigor EV, Nexon EV, MG ZS EV and Hyundai Kona. So you can decide for yourself which one you will go for.
Reselling it is a hassle
Imagine buying a second-hand EV at a dirt-cheap price and now reselling it again. Well, that can be a trouble for two reasons - not being able to get the buyers and the right price.
Hard to find a knowledgeable EV Mechanic
Compared to the ICE cars, EVs can be a tricky affair to get serviced and not many mechanics may know about their function. So the buyer has to depend on the authorised workshop only.
Battery warranty of just 8 years/1,60,000 km
Most of the battery warranty is limited to 8 years or 1,60,000 km. With this, if you're buying an used EV that has already done 20,000 to 30,000 km or which is 3-4 years old then it is quite a loss for you only. We say it because India is still advancing on adapting EV cars and the cost of replacing a Li-ion battery pack is still expensive.
So this was all about the pros and cons of buying a used EV (electric vehicle). Will you buy a new model or a used one? Do let us know your thoughts in the comment section below. Also, we will be driving the Tata Nexon EV soon so watch out for our first-drive review on our YouTube channel.