Cheap used electric cars (OEM & other EV's) you've seen for sale
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I know a number of long time members have been salivating in the last year or so as used EV prices have plummeted. Why are prices so low? Blame ... (1) The tax rebates/incentives that immediately knock $7500+ off the resale value, (2) steadily improving battery tech / capacity making the older models look less viable, (3) normal battery degradation reducing capacity/range in older EV's, (4) FUD about battery failure / replacement, (5) ??? EG: stories about used Leafs available for well under $10k have become pretty common. Mitsubishi iMievs occasionally pop up in the $6k range (right, Daox??). The Smart pictured above takes the cake, though! If you don't need cargo space, it'd be hard to beat. Plus, they were described as fun to drive (much more so than their ICE bretheren, like the diesel cabrio I tried out last summer). So let's use this thread to post notable examples of EV's you've seen advertised. Post a pic & link! Quote:
I will admit I have occasionally been browsing for used PHEV's. A Volt, plug-in Prius or something similar is on my long-range radar. Though they're still quite a few years out of my price range. |
Haha, yes I've seriously thought about pulling the trigger on an imiev several times now. I just haven't been able to do it since the fuel savings (vs my Metro or Insight) are so tiny. The day will come though..
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I've seen lemon law Fiat 500e s fixed up and running in the low $3's
Good time to buy a simple runabout, I paid about as much for my c-car a decade ago. Ah well |
2014 Spark EV $8,800
https://images.craigslist.org/00g0g_...on_600x450.jpg There was a 2014 BMW i3 on CL for $17,500 a couple weeks ago. I'm seeing 2013 Leafs on CL every week for $7,500. The bottom of the market has to be near, and that's when I'll snatch something. I'm also guessing that some people are selling their EV because one time last year they needed to travel further than the range of their vehicle, and now that the cool factor of EV has worn off, they never want to be range limited again. The Bolt and "cheap" Tesla are also big factors for plummeting EV prices. |
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There is a good chance that used EVs could appreciate in value in the near future when tax credits begin to expire. Suddenly new EVs will cost $7,500 more than before which will devastate demand for new ones. This should raise used car values, at least momentarily. What is the price you would jump in, Metro? I'll be taking a Bolt out for a test drive in a couple weeks, and then I'll see if my company allows it for my work vehicle. I'm driving a 2013 Dodge Grand Caravan that was handed down to me when I started this new job. |
Great thread to start just as I'm coming down from really wanting an EV again (happens every couple months). :P
My "dream" (possibly affordable to me in the near future) EV is a Bolt, it could pretty easily replace the Prius. Any other Prius replacement would have to be a PHEV/range extender. I've considered just getting the Prius a buddy and having 2 cars. I'm leaning towards a Spark EV, but the cheaper ones don't seem to have fast charging (a must if I want to go outside of my city), so a Leaf may be a better fit for my wallet. Would have to be a 2013+ with heat pump, I've read too much about 2011's and 2012's battery issues. There's several Smarts near me for $4500-6000, a couple i-MiEVs for $5500 and $6k, Leafs from $6500, Fiat 500e for $8k-8500, Spark EV for $9.5-10k, C-Max Energi for $12k, i3 as low as $18k. Prices are from local news site's classifieds, www.ksl.com/auto/ , much higher use than Craigslist in Utah. |
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Perhaps the i3 REX would be a good fit for you. It has a tiny gas generator for those extended trips. Those prices have already fallen drastically, and should continue to do so for the next year. |
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Here is a 2011 Leaf for $5k in Seattle. Hard to beat that. https://www.cars.com/vehicledetail/d...5298/overview/ |
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A PH/EV would just be a toy to try out for a while, then sell. Given how little I drive, I'd probably use more energy topping up self-discharging batteries than from actual driving. |
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2011 Volt, 124k miles, $6995. https://www.cars.com/vehicledetail/d...5610/overview/ |
Cheapest volt was $1500 but it needed an oil pump
Volts have been flirting with $6000 for a while, I'm waiting for the sub $5k prices ;) Then I might have to own a 2nd |
I've never seen one that low.
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Advice for Volt with dead ICE
And he did sell the car Too bad so few cars sell private party anymore, good deals to be had |
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Losing a pump should set off a flashing CEL, alerting the driver to stop the car ASAP. |
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How are some of you guys posting pictures? I keep hearing from Phil Knox he can't post from photo bucket because it demands a membership now. Is there something he doesn't know?
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The guy who bought it just flushed and installed an oil pump rebuild kit. |
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2012 iMiev, 26k miles, $4900. https://www.autotrader.com/cars-for-...odelCode1=MITI |
Holy cow.
It tells you these cars are going for peanuts at the dealer auctions. |
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http://ecomodder.com/forum/showthrea...die-35386.html |
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getting less cheap?
Some used electric-car prices start tracking higher
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And https://www.greencarreports.com/news...racking-higher Theories to explain the reversal in plunging EV prices: - The cost of all cars is rising, making used ones more valuable (but if that were true, wouldn't we be seeing some used ICE vehicles going up in value, year-over-year?) - The fire sale/rock bottom used EV prices in the last couple of years have spurred demand in buyers, thus driving prices back up a bit. I think #2 is more likely. |
My neighbors got a Smart ED for $5,500, and they are very happy with it.
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I predicted in this thread that used EV prices would go up right about now.
Tesla tax credits have been cut in half, and the same will happen to GM in April. Nissan is following closely behind. If new car sales suddenly become more expensive, that will be reflected in the price of used car prices. Not only that, but plummeting new car sales will shrink used car inventory (shrink supply). Then there was foreign demand for used EVs that might still be going on. Stricter laws about ICE vehicles increased demand for EVs, but not everyone can afford an expensive new one, so they look elsewhere, to the US. I'm hoping I didn't really mess up by missing the sweet spot to purchase an EV. A new Leaf or Bolt sounds almost compelling now that Oregon has a credit. Total out of pocket could be somewhere around $20k, which is still way more than I'd like to spend on a vehicle, but then I'd save a lot of time and money on maintenance and "fuel". |
With more and more electric cars on the road so does the charging network grow, which greatly benefits the relatively low range first gen EV's.
They are becoming more practical, so more attractive. |
I can see public charging as more useful in Europe, but I don't see it really becoming much of a selling point in the US. The people that buy EVs here charge at home or at work, and don't charge elsewhere much at all.
Long distance travel in an EV is mostly a novelty/curiosity here. I don't see lack of charging infrastructure to be much of a barrier to entry here. Cost and lack of variety are the 2 biggest reasons people might not buy one. |
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What is this plummet you speak of? Quote:
The province of Quebec introduced a rebate for used EV purchases a couple(?) of years ago, and the result meant a significant amount of importing of used EV's from other areas, possibly including the States. Didn't Oregon recently institute a similar used EV incentive? That would drive prices up as well. |
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Tesla has a few more levers it can pull to keep sales up through 2019 such opening up lease options, releasing different trim levels, and possible price reductions. Tesla already reduced the Model 3 price by $3k in response to the credit getting cut in half. The Chevy Bolt will practically disappear once the credit phases out. Yes, Oregon has a used EV credit of up to $5,000 ($2,500 + $2,500). The trick is having enough tax liability while still falling into a modest income bracket to qualify for the other $2,500. I'm not even sure if it's possible to double-dip. Quick math says a single person would need to make about $65,000 to have enough tax liability, but that might be too much to qualify for the modest income incentive. |
Ontario completely cancelled its very generous EV incentive ... new purchases only ... this year. I wonder how it affected sales. Will research.
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https://insideevs.com/get-ready-for-...500-ev-rebate/
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We're in a tough spot for EVs because with subsidy, they become quite attractive, but without, sales have been shown to plummet. Georgia (US state) comes to mind.
EVs aren't cheap enough on their own yet to drive volume sales. I mean, the Model 3 isn't even down to $35k yet, which isn't cheap either. It seems to me the price needs to drop about $10k across the board for EVs to really begin stealing ICE sales. No telling how much room there is for cost reduction, and battery cost is probably the #1 factor. Manufacturers aren't finding the profit margins they want to see on EVs and PHEVs. The Volt is getting axed despite being a little more than 2 years into the new design. What a shame. |
Ah, so an old car has to come off the road too...
My parents have a 1998 Camry with 300,000 miles on it, with various leaks and issues. Maybe this is a good way to get rid of it. So now as I understand it, one rebate only applies to new vehicle purchases, and the other can be used for both? |
End of Ontario rebate = sales collapse
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Pretty dramatic. But that may not be a 100% representative stat, because the cancellation of the rebate was announced several months in advance, which probably pushed a bunch of fence-sitters into making purchases before the rebate went away, inflating the "before" figure. The owner of the Prius Prime I got to drive for a week took the plunge for that very reason. |
Wisconsin EV sales plummeted to single digits after the EV tax passed the budget
So it’s not just credits that can affect sales, demerits can also |
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