Study Shows People Think Used EVs Cost More Than Actual Prices

In the market for a used electric vehicle? If you’re even remotely interested in buying one, likely you’re thinking they’re more expensive than what you’d actually pay. Autolist surveyed car shoppers about used EV prices, and drew the conclusion that most people have an inflated sense of price.

Just how much are car shoppers off on used EV prices? Try about $5,000, which is a fair amount of money.

For example, you’d probably believe a used 2015 Nissan Leaf costs more than a Toyota Corolla or Honda Civic that’s about equivalent, right? The fact is a Leaf if cheaper to buy. Knowing that could get more people to more seriously consider buying a used EV.

Believe it or not, Autolist found that after driving range, the number one concern of car shoppers considering an EV, reliability was the second pressing worry on their minds. Again, Autolist turned to the data, which indicates the 2015 Nissan Leaf and Chevrolet Volt demonstrate reliability exceeding the average for their market segment. In fact, the Leaf outscored the Corolla and Civic.

Granted, we’re dealing with perceptions and what shoppers as well as vehicle owners are reporting. You should always do thorough research of your own before buying a car. Just remember to look at facts and solid data, because everyone has their opinion, which may or may not be accurate.