Used Hybrid for Sale!
Im encouraging consumers to go hybrid! As hybrid vehicles have been on the market since model year 2000, buying a used one has become a viable alternative for those who want to go green but cannot or are unwilling to make the investment in a new one. I seek to answer questions about buying used by offering consumers tips on technical service bulletins and ways to get the most for your money and, of course, save at the pump!
Buying a used vehicle never seems to be an easy task. It is important to know what pitfalls to avoid so you do not buy someone elses problems, most importantly one that has flood damage, which is often overlooked and something to seriously consider!
Consumers should not get confused as to why a vehicle is being sold used. This does not mean its a dud; it could be the simple fact that the previous owner is moving or inability to make necessary payments.
As the first generation of hybrid vehicles has made its rounds, many questions arise pertaining to buying a used one (yes, you can buy used!). Most people can only name two or three hybrids on the market, but in fact there are 14 new makes and models. Lauren saw this as a call to action to inform the public of their options and to guide their decisions.
There is not much more of a risk in buying a used hybrid compared to any other used car, as long as you do your homework. If you are comfortable with purchasing a non-hybrid car used, then you should feel comfortable buying a hybrid car used.
Below, Ive outlined key facts about hybrid vehicles and issues to consider during the process of buying used.
Inspection of a used Hybrid Car
If you are buying from a private party it is a good idea to have the hybrid car inspected by a dealer authorized for that make of hybrid. Tell the dealer you are considering buying this hybrid car and would like a pre-purchase inspection. It will cost a little money for this inspection, but it will be money well spent.
If you are buying a hybrid from a car dealer, you can look for a certified pre-owned vehicle. If that isnt possible you can still have the hybrid car inspected by anyone else of your choice.
Miles and Gas Mileage on a Used Hybrid Car
If you are buying from a private party, ask the owner what kind of gas mileage they typically get, and if possible see if they can back it up with receipts. Some hybrids, like the Honda Insight, have a gauge showing the cumulative gas mileage for the life of the vehicle, but dont rely only on this; the gauge can be reset by the owner at any time.
Just because a hybrid car has high mileage on it, this does not mean you should be scared away. So far hybrid cars have been as reliable as their non-hybrid counterparts, and when there have been problems, manufacturers have set things right.
Batteries and Used Hybrid Cars
Currently replacing a hybrid battery after the warranty has expired could cost $2,000 - $3,000, although Lauren has yet to hear of someone actually paying for one in full on their own. The only hybrid batteries that have needed replacement out of warranty relate to certain 5-speed Honda hybrids and even then, hybrid owners have reported that Honda stepped forward and paid for some, if not all, of the bill.Prices for hybrid batteries will come down as more hybrid cars are on the road, and as battery technology improves.
Used Hybrid Cars and Depreciation
Tax Credit When Buying a Used Hybrid Car
Issues to Consider: