It's the perfect time to buy a cheap used EV
Here is a 178-word summary of the news article: With rising costs and the need for an extra car, the author discovered that now is a great time to buy a used electric vehicle (EV). Prices for models like the BMW i3 and VW e-Golf have dropped to around $15,000, and the expiring EV tax credit can provide an additional $4,000 off, making some cars cost less than $10,000. The author opted for a 2018 Nissan Leaf, which offers 150 miles of range, quick acceleration, and premium features, all for around $15,000. Used EVs have become cheap as they don't hold their value well, with fast-evolving technology contributing to consumer uncertainty. Buyers can find even deeper discounts on less popular models like the Polestar 2. However, it's crucial to check battery health, as early EVs faced degradation issues. The federal EV tax credit, which can provide up to $7,500 for new EVs and $4,000 for used, is set to expire at the end of September. For most drivers, the limited range of older EVs is not a major issue, and home charging can be sufficient. Overall, the article suggests this is an ideal time to consider a used EV purchase.
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