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Does EV mileage matter? Your guide to buying a used electric car

Drive.com

Meanwhile, used electric car buyers are often first-time EV buyers, looking to dip a toe in the water for a more affordable price. With the used electric car market set to continue to grow and buyers looking for more affordable ways to enter EVs, we’ve compiled what you need to know before you buy a used EV.

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The Pros and Cons of Buying a High-Mileage Used Car

Car Examer

Insurance Costs Are Lower Insurance premiums are often based on a car’s market value. Who Benefits Most: If you’re buying a car as a second vehicle or for a new driver, the lower insurance costs can be a nice bonus. No Warranty Coverage Most high-mileage cars are past their original warranty period.

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Struggling to understand benefits of used cars?

Shawn Ryder

However, used cars present numerous advantages that potential buyers may overlook. Lower Insurance Costs: Used cars generally incur lower insurance premiums compared to new vehicles. Insurance companies calculate their rates based on the vehicles value, meaning that the lower the purchase price, the lower the insurance costs.

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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. The F&I manager will also offer additional products such as extended warranties and GAP insurance. It’s often used as a starting point for negotiations.

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A Guide Buying A Used Car in Northern Ireland

Car Examer

This comprehensive guide aims to equip prospective car buyers in Northern Ireland with valuable insights, legal considerations, and practical tips to ensure a smooth and informed purchasing experience. However, buyers should note that if they choose to buy at an auction, rights may differ, especially if the cars are sold ‘as seen.’

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Guide What Is a New Car Warranty?

Car Examer

A new car warranty offers protection against potential defects and issues that may arise during the early years of owning your vehicle. Understanding what a new car warranty covers and how it works can help you get the most out of this valuable feature. Extended warranty What Is a New Car Warranty?

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Do imported cars have a warranty?

Drive.com

What was once a bit of an enthusiast exercise has morphed into a source for the average car buyer to look for family vehicles from overseas as an option. However, if you import a near-new vehicle, is it still covered under warranty? Only certain-age cars and kilometre vehicles will be covered by the statutory warranty.