Electric cars making their way to used market, from WPRI.com.
PROVIDENCE, R.I. (WPRI) — If you have ever considered buying an electric car, now may be the time to find some great deals.
Four years ago, electric cars were cutting edge — but now they are moving into middle age and are making their way to the used car market.
“There are going to be great deals for 3-year-old, barely used electric vehicles,” Brad Berman of plugincars.com said.
Berman says the first electric vehicles were leased to give customers a chance to try out the environmentally-friendly cars. Now, those leases are expiring.
According to Berman, an estimated 25,000 formerly leased Chevy Volts and Nissan Leafs will hit the used car market in 2015.
“I hope they trickle in,” Kaylee Morrison of Hayward Nissan said.
Morrison, a Nissan saleswoman, explained that an overflow of low-priced cars could be good for buyers but can pose a dilemma for dealers.