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Hidden Costs of Used EVs

Purchasing a used electric vehicle (EV) can be a cost-effective choice, but hidden expenses may impact long-term savings. Key factors to consider include battery degradation, reduced range, expensive battery replacement, outdated charging technology, and potential repair costs for specialized EV components.

Buyers should also check software updates, warranty coverage, and charging infrastructure compatibility before making a purchase. Conducting a thorough inspection and understanding these hidden costs can help avoid unexpected financial burdens.