Since the pandemic, there has been a shift in consumer patterns as well as consumer habits that has caused a change in the methods employed to purchase things. Nowadays, more and more often, we can have the option to purchase things online without even seeing them beforehand. This is no different from purchasing a vehicle online nowadays. More likely than not, you can purchase a used electric vehicle from an online dealership without ever seeing it before bringing it to your driveway. While buying a used electric vehicle before seeing it could lead to some potential problems, it can be an excellent experience if it’s done properly.
In this article, we will cover some key differences between buying a used electric vehicle online and in person, as well as some tips and helpful elements to look for when you buy a used electric vehicle online.
Buying a used electric vehicle online vs buying in-person
There are several benefits to buying a used EV online as opposed to doing so in the old-fashioned way. Some car buyers will admit that they prefer the face-to-face haggling that still takes place on vehicle lots. One of the common things we’ve seen when buying in person is that unrestricted price bargaining can be the back and forth between automobile purchasers, car owners, salesmen and even sales managers if you buy from a dealership. That could eat up a lot of time, whether for the buyer or seller. But if you buy online, it’s possible that this practice is coming to an end.
Thankfully, almost all the steps involved in buying a used EV can be accomplished online with a lot less stress. A final visit to the physical dealership is typically still required to complete the paperwork, take receipt of the used electric vehicle, and conduct a comprehensive test drive. However, even that step is evolving because more online dealers are now willing to deliver used electric vehicles right to your door. Furthermore, signing papers are starting to be replaced with electronic signatures.
Let’s take a look at a few steps that can help you find an ideal car when you buy a used electric vehicle online:
Have a fixed budget and stick to it
When buying a used electric vehicle online, you must first find out your budget. When buying online, you can see a wide variety of used electric vehicles that all at different price points. However, sticking within this price range is important as you don’t want to search mindlessly at all the options that are presented to you.
Furthermore, you shouldn’t consider your budget for a used EV as a monthly payment. Instead, think about the overall cost of the used electric vehicle, which includes the entire amount of interest you’ll pay over the course of your loan or ownership of the vehicle. You should also consider all the additional expenses associated with operating a used EV, such as electricity, insurance, maintenance, parking, etc.
Search for the right EV model for your lifestyle
When you decide to buy a car online, you must know the specifics of what you need to purchase as you won’t have the opportunity to browse in person and figure out what you need as you look around physically at the dealership. This will require research online and a great understanding of the features that you are looking for, as well as gaining some insight into the used electric vehicle market.
Therefore, before starting to shop online, it would be best if you already have a clear idea of the type of automobile that you want, even down to the colour and trim. Some Canadian car shoppers want assistance to choose a used electric vehicle that suits their demands and budget because they are unsure of what they desire. In this case, you might have to buy the car in person, which allows you to further discuss with the car owner or the dealership the vehicle you are potentially purchasing. So you have the information you need and can see if the features and options provided make sense for you.
At Carnex, you can discover the best electric vehicle bargains and learn everything you need to know about EVs.
Look for deals on different online platforms
Keep in mind that a cost-saving incentive can be given to enhance sales if they aren’t meeting an automaker’s expectations, if the vehicle is nearing the end of its product cycle, or if the dealer needs to clear out inventory before a restock. Shoppers seeking either new or certified pre-owned cars should determine if any are offered on the models they are thinking about. If you’re able to take advantage of a cash rebate, low-interest financing offer, or subsidized lease arrangement, you might save thousands of dollars. While low-interest finance offers to lessen or do away with the interest on a car loan, cashback packages (or rebates) effectively lower the cost of the used electric vehicle. Lease agreements reduce the amount due at signing or reduce the size of each monthly payment.
In addition, you can also look for dealership inventories of used electric vehicles online. This is how you can look for the cars you’re interested in in your area or even hundreds of kilometres away when you shop for a car online. Consider looking outside of your neighbourhood and dealerships where you can find a better offer. For instance, if you’re looking for a full-size used EV truck, check with urban dealers since they might not be as common there. In search of a plug-in compact EV? Look into any rural auto dealers who might be ready to sell compact EVs for less because there may not be as much demand for them.
EV maintenance and battery health
Battery life and car range should be the first and maybe primary focus when searching for a used electric vehicle online, especially in Canada, where the severe winters might cause more battery damage than in other places with mild weather. It’s critical to look for a used electric vehicle with a long battery life to save money on future repairs as well as to avoid the constant need for charging due to the harsh winter conditions that can degrade the car’s performance to a point where it cannot complete its job. Used electric cars prefer mild weather. In bitterly cold weather below -25°C, the battery range can drop by as much as 40% to 50%. You should keep that in mind whenever you get behind the wheel and when shopping for a used EV. Furthermore, be sure to verify the car’s maintenance history as well as the conditions of its parts and request official documentation to allow for easier repairs down the road and to allow for a comprehensive overview of the car’s internal situation.
Although you are buying the EV online, you must take the used EV you are buying for a test drive. Before you sign the paperwork, you should test drive the EV that you’re buying because not all used electric vehicles are alike. It would be the last step to make sure the EV you are buying has what you are looking for and meet your expectations. This step could be skipped if you’re buying a certified used vehicle. As certified used electric vehicles typically have been properly inspected by a professional technician.
At Carnex, all our electric vehicles have a full diagnostic run by our experienced EV technicians, because your satisfaction is very important to us. Check out the best deals on used electric vehicles at Carnex, your online EV expert in Canada.
In conclusion, buying a used EV online is only a matter of doing proper research and having the dedication to ensure you find the EV meet what you need. When you buy a used electric vehicle online, you should have more transparency in knowing the pricing for the type of used EV you want to 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 Carnex.ca, 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.