While new electric vehicles are still a big draw for buyers, the industry has seen plenty of owners trading in their original EV models as they upgrade to something more advanced. That’s a big boost for used-car inventories, but it’s also creating the opportunity to find great deals on some of the most popular preowned electric cars out there.URL:ev.com

As a general rule, EVs depreciate more slowly than gasoline-powered cars. And that’s especially true for some of the newest models, which are starting to close the gap in price with some leading gas-powered car brands. In addition, EV batteries are designed to last well beyond the bumper-to-bumper warranty, which means a preowned EV can offer years of reliable transportation at a fraction of the cost of many conventional cars.

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But it’s important to note that the quality of a preowned EV depends on how well the battery has been cared for and how many charging cycles it has experienced. That’s why it’s important to run a vehicle history report before you buy. These reports can reveal whether an EV has been in a crash, been flooded, or declared a lemon and should help you avoid a bad purchase.

One of the best deals around on a preowned electric car is the Kia Soul EV, which can often be found for less than $20,000. Its bold design and useful interior make it a popular choice for urban drivers, and a PS20,000 budget will even get you a late-model example with low miles on the odometer.