Should you buy a used electric car in Canada: here is what you need to know

by Feb 16, 2023Car buying, Electric cars0 comments

Should you buy a used electric car in Canada: here is what you need to know

Electric vehicles (EVs) have become increasingly popular in Canada today. You may be ready to buy an electric vehicle, but you’re not sure whether to buy a new model or a used electric vehicle. EV technology is continuing to advance, and while used EVs are typically less expensive, EVs require less maintenance and last considerably longer than a used gas-powered vehicle, whether new or used. However, since electric car technology is evolving rapidly, it is important to understand the difference between purchasing a new model and a used EV and the pros and cons.

In this blog, we will look at the pros and cons of buying a used EV over a new one, as well as some other crucial factors to consider when looking for the ideal EV for you.

Are you looking for your next electric ride? Carnex is your go-to internet source for used electric cars in Canada.

With Carnex, you can find the best used EVs for you at a price that fits your budget. Our professional EV experts perform a thorough diagnostic on each and every one of our electric vehicles at Carnex since we value your trust. Shop EV online from Carnex easily from the convenience of your own home in one spot!

Let’s first look at the key differences between buying a new or used electric vehicle, including these key factors:

Key differences between buying a new or used electric car in Canada

Price: A new EV is generally more expensive than a used one, due to factors such as depreciation, taxes, and dealer fees. Buying a used EV can offer significant cost savings, especially if you are able to find a model that is only a few years old.


Warranty: A new EV will typically come with a comprehensive warranty from the manufacturer, which can provide peace of mind and protection against unexpected repairs. A used EV may not be covered by the original warranty, although some EV dealerships may offer their own warranties or extended service plans.


Car Condition: A new EV will be in pristine condition, with no wear and tear or damage. A used EV may have some wear and tear, although this will depend on the age and mileage of the vehicle. It’s important to inspect a used EV carefully and have it checked by a mechanic before making a purchase.


EV Technology: EV technology is advancing rapidly, and a new EV may have the latest features and improvements that are not available on older models. However, a used EV may still offer many of the same benefits and features at a lower cost.


Availability: The selection of new EVs is often larger than that of used EVs in Canada, especially if you are looking for a specific make and model. However, the used EV market is expanding, and there are more options available than ever before.


Depreciation: Like any vehicle, an EV will depreciate over time, and a new EV will experience the greatest amount of depreciation in its first few years of ownership. Buying a used EV can help to avoid some of this depreciation and potentially offer a better resale value in the long run.


Overall, while a new EV may offer the latest technology and a comprehensive warranty, a used EV can offer significant cost savings and may still offer many of the same benefits and features. Additionally, buying an electric car in Canada can be a fantastic way to save money and help the environment. Buying a used electric vehicle is a more affordable option, especially if you are on a limited budget and are eager to hop on the battery-powered bandwagon. You will also have a better driving experience, whether you drive a new or used electric vehicle, because of the electric powertrain’s smooth acceleration and deceleration. Driving an electric vehicle can be more comfortable and quiet than driving a fuel vehicle. An EV’s low center of gravity can also help with handling, responsiveness, and ride comfort.

buy a used electric car in Canada

Whether or not you buy a used electric vehicle in Canada depends on your personal circumstances and preferences. However, it’s important to understand the potential advantages and disadvantages of buying a used EV. Continue reading this blog to learn about the benefits and drawbacks of buying a used electric car in Canada:

Pros of buying a used electric car in Canada:

Lower initial cost: Used electric cars are generally less expensive than brand new ones, making them a more affordable option for those looking to go electric. Used EVs can offer substantial cost savings when compared to new EVs, since they can be priced 20–40% lower than their new counterparts, depending on the age and condition of the car. This can make used EVs an appealing alternative for Canadian EV shoppers who are hoping to save money while still reaping the benefits of an electric car, such as decreased fuel expenses and a lesser environmental impact. However, the cost of a used EV is determined by various factors, including the vehicle’s age, condition, mileage, and features. In general, older EV models will be less expensive than newer models, and EVs with higher mileage may be less expensive as well. 


Lower operating costs: Electric cars are generally cheaper to operate than gas-powered vehicles, and used electric cars can offer even greater cost savings over their lifespan.Because electric vehicles have fewer moving parts than gasoline-powered vehicles, they require less maintenance and are less prone to mechanical difficulties. This can result in decreased maintenance costs during the vehicle’s lifetime.


Reduced depreciation: Unlike conventional cars, electric cars tend to depreciate less over time, meaning you may be able to recoup more of your investment when you sell the car. On the other hand, electric vehicle batteries are designed to last for several years, and several EV manufacturers provide battery warranties of up to eight years or more. This can help to extend the vehicle’s lifespan and minimize depreciation.


Environmental benefits: Used electric cars can still have a significant positive impact on the environment, even if they are not brand new. By choosing an electric car, you are contributing to reduced greenhouse gas emissions and helping to create a more sustainable future.


Access to newer technology: EV technology is advancing rapidly, and a used EV may offer many of the same features and benefits as a new EV, but at a lower cost. Electric car technology is advancing rapidly, and many newer models offer longer ranges, faster charging, and improved performance. By buying a used electric car, you can still benefit from many of these improvements while paying a lower price. If you need some specific tech features, you should do some research on the EV models and find out the vehicle’s individual model and year to understand what features and technologies it has. Consider acquiring a certified pre-owned EV from an EV dealer if you are not sure which model you are looking for; also, buying a used electric car from an EV deal may include additional warranties and maintenance packages.


Regenerative braking: Many electric vehicles use regenerative braking to capture energy that is lost during braking, and this feature can actually work better in cold weather, since the colder temperatures can help to maintain a high state of charge in the battery. 


Government incentives: Depending on where you live in Canada, there may be government incentives available for purchasing a used electric car, which can further reduce the cost of ownership.


Charging infrastructure: The availability of electric vehicle charging infrastructure continues to improve in Canada, which means that electric vehicle owners can easily find places to charge their vehicles even in colder weather. However, it’s still important to research the availability of charging infrastructure in your area and make sure you’ll be able to charge your used EV when and where you need to.


Cons of buying a used electric car in Canada:


Limited range: Some older electric car models may have a limited range compared to newer models, which could impact your ability to travel longer distances on a single charge. However, keep in mind that the actual range of an EV is determined by various factors, including battery capacity, vehicle efficiency, driving style, and external temperature.

Additionally, many older used electric vehicles have a range of 120 to 160 kilometers range on a single charge. This may be adequate for local driving, commuting, and errands, but it can be restrictive for longer excursions or drivers who routinely travel longer distances. Earlier model EVs can still be helpful and practical for many Canadian drivers. An older model EV, for example, may be an excellent alternative if you have a shorter commute or mostly use your vehicle for local travel. Furthermore, many public charging stations are available in cities, which might help to expand the range of an older model EV.


Battery life: The battery is one of the most expensive and important components of an EV, and its health can impact the vehicle’s performance, range, and overall value.The battery in an electric car can degrade over time, which could mean that a used electric car may have less range than a brand new one. However, the rate of degradation can vary widely depending on factors such as climate, usage patterns, and charging habits. It’s important to research the specific model and year of the vehicle to understand how its battery may have been affected by these factors.


Limited selection: As electric cars are still a relatively new technology, the selection of used models on the market may be more limited compared to traditional gas-powered vehicles.The market for used electric vehicles is quite small in comparison to the market for traditional used cars, which can result in a very limited variety of used EVs.


Charging infrastructure: While Canada is working to expand its charging infrastructure for electric cars (EVs), there may be fewer charging stations in some areas, which could make it more difficult to travel longer distances. There is a rising number of public charging stations available in larger cities and along major roads, including Level 2 chargers, DC fast chargers, and Tesla Superchargers. These charging stations can be located in a variety of places, including public parking lots, shopping malls, and rest areas, but can be limited in some remote areas. Having said that, the Canadian government has made investments in EV infrastructure, including a pledge to create more than 50,000 public charging stations by 2025. Furthermore, several provinces and municipalities provide incentives for the building of EV charging stations, which might help to enhance their availability.


Maintenance costs: While electric cars have fewer moving parts than gas-powered vehicles, repairs to the battery or other components can be expensive, so it’s important to factor in potential maintenance costs when considering a used electric car. 


As with any used vehicle, there is always a risk that you could end up with a lemon or a vehicle that requires costly repairs shortly after purchase. However, buying a used electric vehicle in Canada does not necessarily mean that you will have a bad experience, and there are steps you can take to minimize the risks. 

Where can you get excellent online bargains on used electric cars in Canada?

An electric vehicle doesn’t have to cost a fortune to purchase! With Carnex, you may locate the best EV deal for you at a price that fits your budget. 

Search through Carnex inventory for the EV you’re interested in, and feel confident in the price and the quality you pay. 

What you should look for when buy a used electric car

Here are some potential risks of buying a used EV that you should know about before you make your purchase.


Battery degradation: EV batteries degrade over time, which can reduce the vehicle’s range and performance. A used EV may have less battery life remaining than a new one, which could impact its range and performance.


High cost of battery replacement: If the battery in a used EV needs to be replaced, it can be expensive. Depending on the age and condition of the vehicle, replacing the battery could cost several thousand dollars.


Limited warranty: Many used EVs are no longer covered by the manufacturer’s warranty, which means that the buyer will be responsible for any repairs that are needed.


To minimize the risks of buying a used EV, it’s important to do your research, have the vehicle inspected by a mechanic, and make sure that the battery is in good condition. You can also look for a used EV that comes with a warranty or consider purchasing an extended warranty for added protection.

Overall, buying a used EV can be a good choice for many people, especially those who are looking for a more affordable way to switch to an electric vehicle. However, it’s important to carefully consider the potential risks and take steps to minimize them before making a purchase.

Learn more about the benefits of buying from Carnex. We believe that all clients deserve to know the good and bad of what they’re buying. Because we wanted to know these when we bought cars. That’s why at, we will proudly display every detail every step of the way. Browse all the best cars, automobile buying tips, auto insurance, young drivers, driving techniques, auto industry trends from Carnex Blog.


The Future of EVs: 7 Sci-fi EVs You Wish You Could Drive

The Future of EVs: 7 Sci-fi EVs You Wish You Could Drive Electric vehicles are becoming more popular because they are better for the...

How To Sell Your Used Electric Vehicle for A Premium in Ontario

How To Sell Your Used Electric Vehicle for A Premium in Ontario The current EV market is now reaching all time highs as electric vehicles are now...

Top 8 Things to Consider Before Buying a Brand New Car

If you’re in the market for a brand new vehicle, you probably have several questions. Whether you’re wondering how to decide which car to shop for...

Buying a Used Electric Vehicle: Pros vs Cons

People shopping for a used vehicle and hoping to find the one that is inexpensive to purchase, easy to maintain, and can be efficient on fuel. In...

Sell Your Used Car For The Most Money: 8 Simple Steps for Success

You may be thinking of getting a new car or just having an extra vehicle sitting in garages that you want to sell. While selling a used car isn’t...

All You Need to Know About A Lease Buyout

A lease buyout is in the end or at any point in time in a lease term, you have the option of buying out your leased car at the guaranteed purchase...

Sell your used vehicle in 8 steps

Here's how to sell your used vehicle in simple eight steps. If you are looking to sell your used car, this blog is for you! Knowing where to start...

Top tips to get the most out of your EV: How to test drive an electric vehicle

Top tips to get the most out of your EV: How to test drive an electric vehicle  Used electric vehicles are becoming increasingly popular in Canada....

Electric Car Depreciation: How well used EVs hold their resale value?

With various countries all over the world calling for a ban on diesel and petroleum vehicles by 2035, electric cars are getting popular. While EVs...

Who is Carnex?

Carnex is an online EV dealer built for Canadians to buy and sell electric vehicles. Our mission is to provide Canadians with an alternative and transparent way to buy and sell used electric vehicles and to accelerate the transition to a sustainable green future. is Canada’s first e-commerce platform for used Electric Vehicles. Carnex is the leading Online Car Dealership in Ontario, with the company’s headquarters located in Toronto, Ontario.
Carnex is the fastest and cheapest way to buy a car online. We deliver to your door and collect your old car without extra charges. Buy Now-Pay Later Financing is available.

Why buy from Carnex?

Carnex is trusted by over 18 million buyers to find amazing discounts on used EVs and new EVs in their neighbourhood. Carnex specializes in electric vehicles, and we make the effort to make sure your EV purchase from us will be worry-free. Our skilled EV technicians perform a comprehensive diagnostic on all of our electric vehicles at Carnex because your satisfaction is very important to us. will help you find the best EV bargains among the listings across Canada, and we’ll provide you with the vehicle history and comprehensive reviews for each EV.

Why Choose Us

We choose to only sale quality and zero-accident used vehicles. We are so confident in our cars that we will shamelessly show you all the perfections and imperfections of the vehicle – from the Chasis pictures to chipped paint spots.

We also offer a 9-day no question asked return policy and an 100-day in house mechanical warranty to make your purchase risk-free.

Get In Touch

3 + 2 =