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India’s electric vehicle market is expanding rapidly with the addition of cars offered by leading EV brands. These include established names such as Tata Motors, Mahindra, and Hyundai, offering reliable and efficient electric vehicles. Models from these manufacturers combine trust, strong performance, and availability in the pre-owned market.
You can finance used electric cars in India through several options provided by banks, NBFCs, and authorised dealers. These loans feature competitive interest rates, flexible repayment tenures, and simplified documentation.
A used car loan helps reduce the burden of a high upfront cost and makes electric vehicle ownership more accessible. With various lenders offering used car loans, you can access these benefits and make a cost-effective purchase.
India's used EV market is evolving rapidly, offering high-quality options such as the Tata Tigor EV, Mahindra e-Verito, and more. Here are some of the models to consider:
The Tigor EV stands out with its compact sedan format, strong features, and efficient performance. It is a stylish, eco-friendly four-door sedan powered by Tata’s ZipTron EV technology. It includes a 26 kWh high-energy-density lithium-ion battery pack.
| Specification | Details |
|---|---|
Battery Pack |
26 kWh lithium-ion, ZipTron, high-energy-density battery pack |
Electric Motor Power |
55 kW |
EV Range |
315 km per charge |
0-60 km/h Acceleration |
5.7 seconds |
Charging Times |
Fast charge 59 min |
Boot Space |
316 L |
Dimensions (L×W×H) |
3,993 × 1,677 × 1,532 mm |
Suspension / Brakes |
Front disc and Rear drum brakes |
Safety |
4 Star GNCAP Rated, dual front airbags, ABS + EBD + CSC, reverse camera and sensors |
Price |
Starts at ₹12.49 Lakhs |
The Hyundai CRETA Electric is built for modern drivers who prioritise performance, sustainability, and style. It offers a driving range of up to 473 km. The vehicle supports rapid AC/DC charging and smart AC home charging, which recharges in 4 hours. Fast charging takes just 58 minutes.
It features front and rear disc brakes and includes a liquid-cooled lithium-ion battery pack for improved efficiency and safety.
| Specification | Details |
|---|---|
Battery Pack |
51.4 kWh liquid-cooled Lithium-Ion battery pack |
AC Charging |
11 kW Home Charger- Approx. 4 hours (10% to 100%) |
DC Charging |
Fast Charging- Approx. 58 minutes (10% to 80%) |
Electric Motor Power |
126kW |
EV Range |
473 km per charge (The given range is as per AIS 040 (Rev.1) (km) ARAI Certification under controlled conditions for new battery pack) |
0-100 km/h Acceleration |
7.9 seconds |
Charging Times |
58 min |
Dimensions (L×W×H) |
4,340 × 1,790× 2,610 mm |
Suspension / Brakes |
Front and rear disc brakes |
Safety |
75 safety features, 6 airbags, all 4 disc brakes, SmartSense-Level 2 ADAS system, safe exit warning, forward collision avoidance assist |
Price |
Starts at ₹17.99 Lakhs |
The Tata Nexon EV combines advanced technology with a user-focused design. It offers V2V charging and V2L technology. These features enable the car to power external devices and even other electric vehicles. The cabin has a digital layout with a smart digital steering wheel.
It also includes a digital dashboard and a modern smart shifter.
| Specification | Details |
|---|---|
Battery Pack |
45 kWh High energy density Lithium-ion battery pack |
AC Charging |
7.2 kW AC Fast Charger Unit |
Electric Motor Power |
106 kW |
EV Range |
Certified full charge range as per |
0-100 km/h Acceleration |
8.9 seconds |
Charging Times |
3,995 x 1,802 x 1,625 mm |
Dimensions (L×W×H) |
3,995 x 1,802 x 1,625 mm |
Suspension / Brakes |
Independent MacPherson strut with coil spring. Twist beam with dual path strut, front and rear disc brakes |
Safety |
5-star rated safety, Tyre Pressure Monitoring System (TPMS), 360° Surround View Camera System, Blind Spot View Monitor, 6 airbags |
Price |
Starts at ₹12.49 Lakhs |
The BYD eMAX 7 is an all-electric MPV designed for both family and business use. It offers comfort, advanced technology, and long-range capability. The vehicle features a spacious 7-seater layout and supports fast charging. BYD’s Blade Battery technology enhances safety and durability.
On the inside, it includes a premium cabin with advanced digital controls. The eMAX 7 provides an efficient and reliable choice for eco-conscious urban mobility.
| Specification | Details |
|---|---|
Battery Pack |
71.8 kWh BYD Blade Battery |
AC Charging |
7 kW |
DC Charging |
71.8 kW |
Electric Motor Power |
150 kW |
EV Range |
530 km |
0-100 km/h Acceleration |
8.6 seconds |
Charging Times |
Charge from 0% to 80% within 37 mins |
Maximum Speed |
180 km/h |
Dimensions (L×W×H) |
4,710 x 1,810 x 1,690 mm |
Suspension / Brakes |
MacPherson Strut and Multi-Link / Ventilated Disc brakes |
Safety |
Front and side airbags, Front and mid row, pre-tensioned force-limited seat belts, front and rear seat belt reminder, Tyre Pressure Monitoring System (TPMS), AMS, EPB, ESC, TCS, EBD, Hill Hold Control |
Price |
Starts at ₹26.90 Lakhs |
The BMW i7 electric sedan is a premium, fully electric vehicle crafted to deliver an ultra-luxurious experience. It features Swarovski crystal headlights and an illuminated kidney contour. The i7 offers an advanced, next-generation driving experience.
The rear seats are fitted with a 31.3-inch 8K theatre screen with integrated Amazon Fire TV. With a range of over 603 kilometres, the i7 generates 335 kW of power.
| Specification | Details |
|---|---|
Battery Pack |
High-voltage lithium-cobalt battery |
AC Charging |
Fast AC charging station- 50 kW max |
Electric Motor Power |
335 kW (approx. 449 HP) |
EV Range |
Up to 603 km |
0-100 km/h Acceleration |
5.5 seconds |
Charging Times |
From 10% to 80% with 195 kW- in only 50 minutes |
Maximum Speed |
250 km/h |
Dimensions (L×W×H) |
NA |
Suspension / Brakes |
Adaptive 2-axle air suspension, self-levelling suspension, exclusive drive pro features |
Safety |
Crash sensor, side impact protection, crash sensor, dynamic braking lights, dynamic stability control, park distance control |
Price |
Starts at ₹2.05 Crores |
The Audi Q8 e-tron offers a refined and powerful driving experience. It has a 114 kWh high-capacity battery. The claimed range is up to 582 km. This makes it suitable for long-distance driving. The fast-charging feature supports up to 170 kW DC.
It charges from 10% to 80% in just 31 minutes. The SUV includes premium interiors and dynamic all-wheel drive. It also features a high-end infotainment system. The Q8 e-tron remains a luxurious and efficient electric SUV choice.
| Specification | Details |
|---|---|
Battery Pack |
114 kWh high-voltage battery capacity (gross) |
AC Charging |
Up to 11 kW |
DC Charging |
Up to 170 kW |
Electric Motor Power |
300 kW (Torque output 664 Nm) |
EV Range |
Up to 582 km |
0-100 km/h Acceleration |
Approx. 5.6 seconds |
Charging Times |
10–80% in 31 min (at maximum DC power) |
Maximum Speed |
Approx. 200 km/h |
Dimensions (L×W×H) |
4,915 mm × 1,976 mm × 1,632 mm |
Suspension / Brakes |
Adaptive air suspension, high traction, recuperation system |
Safety |
360° camera, fully variable quattro drive |
Price |
|
Buying a second-hand electric vehicle can be a smart, eco-friendly choice. However, it is important to evaluate key factors before making a purchase. Here are some points to consider:
The battery is the core of an electric vehicle, and its condition directly impacts the driving range. A degraded battery reduces efficiency. Review the service records or assess the battery condition before proceeding.
Evaluate how far the electric vehicle can travel on a single charge. Ensure the range aligns with your daily commuting needs and the availability of charging infrastructure in your area.
Charging durations vary depending on the battery capacity and charger type. Understand how long it takes to charge the vehicle and whether this fits into your routine.
Electric vehicles generally require less maintenance than petrol or diesel cars. However, it is necessary to review past repairs and service records to avoid unexpected expenses.
Verify whether any part of the original manufacturer’s warranty remains valid. It is advisable to consider purchasing an extended battery warranty in case the original coverage has ended.
The resale value of electric vehicles can fluctuate, particularly in the second-hand market. Research current resale prices for the specific model to ensure a reliable investment.
Older electric vehicles may involve higher upkeep costs but tend to be priced lower. Newer models often feature improved technology and battery performance but can be more expensive. Evaluate the vehicle’s age to make an informed decision.
Battery performance and driving range can be affected by extreme weather or rough terrain. Confirm that the electric vehicle is suitable for your local conditions.
Select between BEVs (Battery Electric Vehicles), PHEVs (Plug-in Hybrid Electric Vehicles), or FCEVs (Fuel Cell Electric Vehicles). Your decision needs to align with your driving preference, access to charging stations, and lifestyle requirements.
Buying a used electric vehicle (EV) can be a wise choice for eco-conscious and cost-savvy buyers. However, like any vehicle, it brings a distinct set of advantages and limitations. Here is an overview:
Used EVs are often significantly more affordable than new models due to rapid depreciation
EVs require less maintenance, with no fuel, engine oil, or exhaust system repairs involved
Zero tailpipe emissions help reduce your carbon footprint with every drive
Electric motors deliver instant torque, ensuring smooth and quick acceleration
Some states provide tax benefits, subsidies, or registration fee waivers for EV purchases
EV batteries lose capacity over time, reducing range and requiring expensive replacements
Older EVs may not cover long distances on a single charge, limiting travel convenience
Buyers may miss out on advanced features, faster charging, and improved energy efficiency
Limited charging infrastructure in smaller cities can lead to inconvenience
EV resale values fluctuate due to fast-paced technology changes and battery life concerns
Despite depreciation, certain used EVs with desirable features may still be priced in lakhs.
With the growing popularity of EVs, used car finance options are becoming more accessible. Understanding these options can help you make a more affordable and informed choice.
Banks and financial institutions offer dedicated used car loans. These loans can cover up to 90–100% of the car’s value. They usually come with flexible tenures and slightly higher interest rates compared to new car loans.
Secured loans are backed by collateral, often the vehicle itself. As the lender holds a security, these loans typically offer lower interest rates and better terms. This makes them a suitable choice for individuals with a low or average CIBIL score.
Unsecured loans are personal loans that do not require any collateral. These loans are quicker to process but may carry higher interest rates. They suit individuals who do not want to pledge the vehicle or any other assets to the lender.
Certain EV dealers partner with finance companies to offer in-house used car finance options. Although convenient, it is necessary to compare the interest rates and terms with external lenders. This approach ensures that you receive a fair and competitive deal.
Among the best used electric cars in India, models such as the Tata Nexon EV and Hyundai CRETA Electric remain popular. These vehicles are known for their performance, range, and reliability.
They provide affordability, good battery health, and essential features, making them ideal choices in the second-hand EV market. By reviewing used car finance interest rates, eligibility criteria, EMIs, and tenure, you can make well-informed purchasing decisions.
An electric car battery typically lasts between 15 to 20 years and can run approximately 1.6 lakh to 3.2 lakh kilometres. After covering this distance, the battery may require replacement.
Yes, buying a second-hand electric car is worthwhile. It offers potential cost savings and contributes to environmental sustainability.
Yes, you can secure a loan for a used electric car through banks, NBFCs, and authorised car dealers.
Yes, charging stations are generally available in urban areas and cities. Accessibility may be limited in remote locations where charging infrastructure is still developing.
Yes, used electric cars usually come with warranty coverage. Many manufacturers also offer extended warranties on batteries and key components.
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