Buy Used

[ThomF]

I just acquired a used 2025 Mache Premium with extended range battery and the Sport Appearance Package. It had less than 3,000 miles and is in near-perfect condition. The discount from the original window sticker was great--a year's worth of depreciation was reflected.

The following is an extract from an article in today's Wall Street Journal that validated my purchase, making my day! It is from an article entitled:
WSJ Readers Share Their Top Tips for Switching to an EV

Buy used
There has never been a better time to buy a used EV than right now. A wave of vehicles coming off leases and early adopters who are upgrading to new cars have led to a glut of used EVs that have pushed down prices.

Readers who have done the math on this really want their friends and neighbors to know about it. One in 10 readers who wrote in made this suggestion.

“Buy an almost-new used one!” writes Don Taylor, who lives in Panama City, Fla.

Depreciation on EVs over the past few years has been significantly faster than depreciation on conventional vehicles, in part because automakers have been lowering prices of new EVs so quickly.

“Depreciation is brutal, so find one in near mint condition and save a lot,” Taylor adds.

Sales of used EVs rose 12% in the first three months of the year, compared with a 28% decline in sales of new EVs.

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[New2EV]

That's pretty much good advice for any car. We bought my wife's explorer the same way. Used, less than a year old and less than 3k miles on it. Savings was well worth it being "used".

Now when I bought my MachE, (Aug '21). There weren't any used and COVID had used car prices going crazy. I could have sold it for more than I paid 3 months later, but the cost of a new one had risen as well.

 

[DrJoy]

Indeed, it's pretty much good advice for any car, but it is especially true for EV due to their incridible devaluation. Many folks think that the HV battery power is falling down with time (like an I-Phone battery), but it is not the case before something like 250K miles. In addition, you can (and should) buy a 2 years-old car with more than 3k mileage (but still low) for at least half price. I did it in 2025 for my MME 2023 and do not regret it at all...

 

[vscottjensen]

Mine had 3700 miles on it. It's a 23 x4. I have wondered why. But it has a bunch of options. Sticker was $64k. So far no bad surprises. I'd do it again rather than new.

 

[pikepilot]

Bought a 22GT in 24 (high mileage for a car in service about 19 months- 26Kmi) but got it at 45% off the sticker price. After dealing with the HVJB recall been mostly smooth sailing. Approaching 75K (end of my extended warranty) and starting to look again, still some good deals out there but also looking at BMW, Cadillac, Mercedes for myself and Hyundai, KIa, Subaru, for the kid.

 

[scout]

bought my 2023 GT/PE------with 14k & 26 months old for 1/2 off! My wife's BMW I3 purchased 3 years old and 13k w/CPO for 1/2 off.

 

[bearswalker]

September '25 I met my daughter at a Toyota dealer when she dropped her Prius off for service. I wanted to look at the '22 MME GTPE they had on the used lot.

The MME had 622 miles, manufactured 1/22, original sticker $72K. I bought it for $35K. I've had the HVBJB recall done, replaced LVB, and put on A/S tires. I bought a Tesla charging adapter from Ford (not used yet). I don't know if it's ever had an OTA. Some software update(s) occurred during recall work. When the MME was delivered I thought the box in the trunk was an uninstalled subwoofer, but on closer inspection it was a Wallbox Pulsar Plus 48A charging station. I had an electrician install it and it's been great, too. Delighted with the car. Retired, I no longer commute, my MME is now reporting 2520 miles. I've charged at public L3 chargers twice for experience. I charge at home.

I test drove a MME in 2022, but walked away when the dealer wanted $35K OVER sticker. I suspect the original owner of my MME bought it fully-loaded (probably over sticker, same dealer) expecting it to appreciate, and parked it for three years waiting to sell for a profit. [shrug]

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