Should I buy a used electric car? The pros and cons of second-hand EVs

As the electric vehicle market grows, more people are considering whether buying a used EV is a smart decision. Sales of new EVs are cooling, but the used market is thriving, and better batteries and longer warranties mean they’re more appealing than ever. Steve Fowler asks: is now the time to buy a used EV?. Buying a used EV can offer several advantages. First, the savings are significant compared to purchasing a new model. You also get to enjoy the lower running costs that come with EV ownership – electricity is much cheaper than petrol, especially if you can charge at home on a smart tariff.

Matt Cleevely is the founder of Cleevely Electric Vehicles, one of the UK’s leading independent electric car specialists. He told us, “you can pick up a used electric vehicle for decent money now, and then you’ve got something that’ll be perfect as a second car within the family or a local runaround. “If you’re brave enough, you can go further. The reduced cost to run and maintain EVs makes them an attractive option, especially when considering their increasing reliability.”.

A major concern for anyone looking into buying a used EV is the battery’s longevity. Many of us compare EV batteries to those in our mobile phones, which tend to lose charge capacity over time. However, EV batteries are a different story. We recently drove a used Tesla Model S with 250,000 miles on the clock and nearly ten years of usage. The only major parts that had been replaced on the car were the tyres and the carpet mats. The battery is the key component to look out for in any used EV, as it’s physically destined to deteriorate over time. This Tesla still has an impressive 84 per cent of its original battery capacity, meaning the car can still cover around 250 miles on a single charge – enough to take care of most journeys, especially with the UK daily average distance people drive being around 25 miles.

Our high-mileage, second-hand Model S wasn’t a fluke, and it certainly isn’t unusual when it comes to EV batteries. Tesla’s official pre-owned (CPO) program provides reassurance by conducting a thorough 90-point check on each used car, including a battery inspection. According to Tesla, it’s not unusual to see less than 10 percent battery degradation in the first few years of ownership. Tesla – like many other car makers – also continues to support older models through software updates, ensuring that even a used Tesla remains current with the latest tech advancements.

Another common concern is range anxiety—the fear that your EV won’t have enough charge to reach its destination. This is becoming less of an issue as the UK’s charging infrastructure rapidly expands. One new public charger is installed in the UK every 25 minutes, making charging more accessible than ever. Make sure the seller is knowledgeable about the car—where it’s been, where it’s come from, that it’s been serviced and looked after.

If you can charge at home, you’ll quickly realise it’s the most cost-effective way to keep your EV powered. On a smart energy tariff you can charge overnight between midnight and 7am for around 5-10p per kWh – that’s around a quarter of the normal cost. A used EV with a 50kWh battery would cost just £3.45 to charge – and could go over 150 miles on that energy. Doing the same distance on a petrol car could cost around £25.

Matt Cleevely encourages potential buyers to embrace the growing network of public chargers. “This idea that public charging infrastructure doesn’t exist is wrong. There’s plenty of infrastructure out there, you’ve just got to be brave enough to use it,” he said. EVs are mechanically simpler than petrol or diesel cars, too, which makes them easier and cheaper to maintain. “Servicing is still important but the costs are a lot lower,” said Cleevely. “While it’s true that some EVs require software updates and checks on components like the battery, you’ll likely save on things like oil changes, brake repairs, and other maintenance common with combustion-engine vehicles.”.

As with any used car purchase, it’s essential to do your homework. Cleevely recommends asking specific questions to ensure you’re making a good investment. “Make sure the seller is knowledgeable about the car—where it’s been, where it’s come from, that it’s been serviced and looked after. And get the battery state of health. There are multiple tools now to be able to read the state of health.”.

Also check out the seller. There will usually be plenty of reviews online to let you know what previous customers think about them. If you’re ever in any doubt about the car, or the person selling it to you, walk away. No matter how excited you are about buying your next car, there will always be another one you can fall in love with. With savings on the purchase price, low running costs, and advancing battery technology, used EVs are excellent value for money. Provided you do your research and ensure the vehicle’s battery is in good health, buying a used EV is a smart and eco-friendly choice.