Have you considered switching to a used hybrid but aren’t sure if you’re ready to commit financially to a new hybrid vehicle? A popular option is purchasing a used hybrid, which helps avoid the new hybrid premium.
According to Edmunds.com, there are at least 400,000 used hybrid vehicles on the market with a resale rate of $8-$20,000 less than a new hybrid. A buyer would still receive the environmentally friendly benefits without the high ticket. So, what are other benefits of buying a used hybrid and what should you know before purchasing yours? Here’s a look at your guide:
Before You Buy
There are a number of things any consumer should do when in the market for a used vehicle, hybrid or not. Most hybrids are required to carry a warranty of 100,000 and 150,000, depending on the brand. This comes in helpful when seeking a seller with a hybrid vehicle under 100,000 miles.
Always ask if the warranty is still valid and if it transfers with the vehicle. A few other times to remember when considering a used hybrid vehicle are:
Check Service Records. If you are purchasing from a dealer, they should have the service records of your vehicle. If you are purchasing from a private party, be sure they have service records for the hybrid or a detailed list of maintenance that has been performed.
Driving Experience. This is one of the most important things for buyers to check prior to purchasing a vehicle, new or used. Be sure to ask plenty of questions as well as request a test drive before purchase. If the seller is not interested in allowing you to test drive, walk.
The battery life of each hybrid is not created equal. Some replacement battery packs are more expensive than others, so be sure to check the life of the used hybrid’s battery before purchasing. Inquire about any cells that may have been replaced on the current battery pack. If the battery pack has been replaced, find out why.
Any time you purchase a used vehicle, it’s always important to do your research. Although the benefits of owning a used hybrid can be vast, it is still a used vehicle. After you have done your research on the type of hybrid best for you and shopped around for the best deal, be sure to find a reputable hybrid maintenance company.
Save money and do your part to help our environment by driving in a used hybrid vehicle. The Hybrid Geek can help with any maintenance issues you may encounter. Take advantage of our free state of health check by visiting www.thehybridgeek.com