Text settings Story text Size Small Standard Large Width Standard Wide Links Standard Orange Subscribers only Learn more Minimize to nav Ive been thinking about used electric vehicles lately. Its not news that EVs depreciate faster than gasoline-powered cars. All the incentives like tax credits and OEM rebates that entice the first owner to sign the paperwork are factored in by whoever wants to be the second owner. There are widespreadif mostly ill-foundedworries about battery longevity and having to shell out for expensive replacement packs. Technology keeps improving, which means older models will date faster. Plus, there are the usual concerns about EVs, like charging infrastructure and winter performance. So depreciate they do, and thats good news for the three-quarters of US car buyers who buy used vehicles. It means that some very expensive EVs can now be had for quite little, but well explore that more at a later date. Today, I want to focus on what you can get for peanuts. What if you wanted to only spend 5,000or lesson an EV? As it turns out, there are options even at this end of the market. Just dont expect that much in the way of range: Were still a while away from a 5,000 EV also being an EV a sane person would want to road trip. At the same time, most of us dont drive more than 40 miles a day, and EVs are great at sitting in traffic because theres no engine to idle. If youre not commuting long distances and dont live an hour from the nearest town, a cheap EV co
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