What to Look for When Buying a Used EV

The shift toward greener transportation has never been stronger, and more Canadians are exploring pre-owned options when it comes to electric vehicles. Whether you are curious about driving a fully electric car, a hybrid, or a plug-in hybrid electric vehicle (PHEV), buying used can be a smart way to save money while reducing your environmental footprint. However, choosing the right EV requires a bit more homework than picking a traditional gasoline-powered car.

Read: Hybrid Vs. Electric Cars: Which is Better?

Below, we’ll cover the most important factors to consider when buying a used EV so you can feel confident about your decision.

1. Battery Health and Warranty

The battery is the heart of any EV. Over time, batteries lose capacity, which means less driving range. Before purchasing, check the vehicle’s state of health report if it is available. Many automakers provide this information, and some even allow dealerships to test the battery before a sale.

Ask about the remaining warranty on the battery. Most Electric Vehicle manufacturers offer coverage for 8 years or around 160,000 km, whichever comes first. If you are buying a used hybrid or PHEV, the battery warranty can provide additional peace of mind.

Read: 6 Different Types of Electric Vehicles

2. Charging Compatibility

Not all charging systems are the same. Some EV models use unique connectors, while others are more universal. Before you buy, research where you will be charging most often. If you plan to charge at home, make sure the vehicle is compatible with standard Level 2 charging stations.

For city drivers in places like Toronto or Vancouver, access to public charging stations is expanding quickly, but it is still wise to confirm the Electric Vehicle you choose works seamlessly with available infrastructure. Hybrid vehicles and PHEVs are a bit more flexible, since they still have a gasoline engine to fall back on.

3. Driving Range

When EVs first hit the market, range anxiety was a common concern. Modern Electric Vehicles now offer ranges that are more than enough for daily driving, but older used EV models may only provide 120–200 km per charge. If your lifestyle requires longer commutes or frequent highway trips, make sure the car’s range fits your needs.

Hybrids and PHEVs provide more flexibility since they combine electric power with gasoline, but it’s still important to check the electric-only range if your goal is to save on fuel and reduce emissions.

4. Maintenance History

Just like with any used car, reviewing the maintenance history is essential. EVs typically require less maintenance than gas-powered vehicles since they have fewer moving parts. There are no oil changes, timing belts, or exhaust systems to worry about.

That said, you still want to confirm that brake inspections, tire rotations, and software updates have been performed regularly. For a hybrid or PHEV, check that both the engine and electric components have been serviced properly.

5. Resale Value and Depreciation

One of the benefits of buying a used Electric Vehicle is that you avoid the steep depreciation that comes with brand-new models. However, resale values can vary significantly between brands. Popular EVs like the Tesla Model 3 or Chevrolet Bolt tend to hold their value better because of strong demand.

Hybrids like the Toyota Prius or Honda Insight, and PHEVs like the Mitsubishi Outlander PHEV, also tend to have solid resale value thanks to their reliability. If you are considering long-term ownership, depreciation may matter less, but it is still a factor worth reviewing.

6. Software and Technology

Modern EVs are essentially computers on wheels. Many receive over-the-air software updates that improve performance, efficiency, or even add new features. When buying a used Electric Vehicle, check whether the car still qualifies for updates from the manufacturer.

If the software is outdated or unsupported, you may miss out on improvements or fixes. Hybrids and PHEVs may not rely as heavily on software, but they still have electronic systems worth verifying.

Read: How do Plug-in Hybrid Vehicles (PHEVs) Work?

7. Incentives and Rebates

Although incentives are most often applied to new EV purchases, some provinces and territories in Canada occasionally extend programs to used vehicles. These can include rebates for buying pre-owned Electric Vehicles or for installing home charging equipment. Before finalizing your purchase, research what incentives might apply to a used EV, hybrid, or PHEV in your area.

8. Certified Pre-Owned Programs

Some automakers offer certified pre-owned (CPO) Electric Vehicle programs. These usually involve a rigorous inspection, battery testing, and an extended warranty. While CPO vehicles may cost a little more, they can provide extra peace of mind, especially if you’re new to EV ownership.

Hybrid and PHEV models may also be available through CPO programs, giving you added protection for both the engine and battery systems.

9. Insurance Costs

Insurance premiums for EVs can sometimes be higher than for traditional cars due to the cost of replacement parts. Before committing, request a quote from your insurance provider to understand the full financial picture. For hybrids and PHEVs, insurance costs may be closer to traditional vehicles, but it is still smart to check.

10. Lifestyle Fit

Finally, ask yourself whether the EV truly fits your lifestyle. If you mostly drive short distances, a used Electric Vehicle with a smaller battery may be perfect. If you travel long distances regularly, a hybrid or PHEV might provide better flexibility. Consider your driving habits, access to charging, and budget when making the decision.

Final Thoughts

Buying a used EV is a smart move for many Canadians who want the benefits of electric driving without the higher upfront cost of a new model. By checking battery health, charging compatibility, range, maintenance history, and incentives, you can find the right Electric Vehicle, hybrid, or PHEV for your needs.

Approval Genie specializes in helping drivers secure financing for all types of vehicles, including EVs. Whether you are looking for your first Electric Vehicle or upgrading to a hybrid or PHEV, our team is here to guide you through the process and help you get approved quickly and easily.