Assessing the Used EV Market: What $5,000 Buys in Electric Vehicles

The rapid depreciation of electric vehicles (EVs) presents an entry point for budget-conscious buyers seeking used models under five thousand dollars. While range anxiety persists for long trips, these older, cheaper EVs suit short daily commutes where charging access is reliable. Buyers must prioritize home charging, as these older batteries do not benefit from modern fast-charging networks.