Used EVs Can Save $13,000 Over New Gas SUVs, Study Finds

Used EVs Can Save $13,000 Over New Gas SUVs, Study Finds

Researchers say that used electric vehicles now have the lowest total cost of ownership, far outperforming both new and used gas cars.

Used EVs currently offer car buyers lowest lifetime cost of ownership

image:  This graph shows the total cost of ownership for different used vehicles that are 3 years old at the time of purchase and driven until their 10th year. Used battery electric vehicles (BEVs) have the lowest total cost of …

Would you buy a used #EV? | The Mighty 790 KFGO

A new study out of the University of Michigan assessed the lifetime ownership costs of used vehicles bought in year three and driven until year 10, including insurance costs, repairs, maintenance and the value retained on the vehicle between purchase and sale. Overall, in the mid-sized SUV category, used electric vehicles offered a savings of [...]