5 of the Best Used EV Deals in February
When it comes to buying a new electric vehicle, there are attractive Certified Pre-Owned options.
BMW
Updated February 10, 2023
Editor's note: For consistency, Capital One sought out currently advertised offers using a Southern California ZIP code. Southern California is the country's largest new-car market, and it is not served by independent distributors that may set their prices, lease programs, and financing deals.
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Even in the burgeoning electric vehicle (EV) space, Certified Pre-Owned (CPO) vehicles let you save some coin while preserving that ever-so-sought-after warranty, making for a great overall value. And while there aren’t many, some EV manufacturers offer special financial incentives on their CPO vehicle inventory. Here we’ll take a look at five of the best CPO EV deals for February 2023.
BMW
2018-2020 BMW i3: 3.99% APR Financing for Up to 36 Months
Through the end of February, qualified buyers of 2018-2021 BMW Certified models are eligible to finance their purchase through BMW Financial Services at 3.99% APR for up to 36 months, and no payments for three months. Both fully-electric and gas range-extender versions of the funky i3 EV hatchback, sold through the 2020 model year in the US, would qualify for this offer.
Audi
2019-2021 Audi e-tron: 5.99% APR financing
Throughout February, Audi is offering its CPO inventory with 5.99% APR financing to qualified buyers. This isn’t as compelling as some alternatives, but it’s still somewhat reasonable in the current interest rate environment. Audi’s fully-electric midsize SUV, the e-tron, is eligible for the deal. The e-tron is rated for up to 222 miles of range depending on the model year, and offers room for five in a svelte, upscale package.
Chevrolet
2017-2023 Chevrolet Bolt: 0.9% APR Financing
The Bolt is a mainstream EV that by now has become a common sight on the road. It mates a practical compact hatchback bodystyle with a fully-electric powertrain capable of traveling around 250 miles between charges, depending on the model year. Those interested in purchasing a Bolt EV would be wise to consider certified pre-owned options, as GM is offering 0.9% financing to its CPO customers through April 3, 2023.
Chevrolet
2022-2023 Chevrolet Bolt EUV: 0.9% APR Financing
In addition to the Bolt EV, there’s also the Bolt EUV, with the U standing for utility. Introduced for 2022, the Bolt EUV is slightly larger than the regular Bolt, with a taller ride height and chunkier styling. Range is similar, coming in at 247 miles for this front-wheel-drive-only EV. Score the same 0.9% rate on CPO Bolt EUV models until the beginning of April.
Ford
2021-2023 Ford Mustang Mach-E: 3.49% APR Financing for Up To 36 Months
Through April 3, Ford’s Gold Certified CPO models, which are fewer than six years old and pass a thorough inspection, are eligible for 3.49% APR Financing for up to 36 months. This offer includes the fully-electric Mustang Mach-E compact crossover, which went on sale for 2021, and can be optioned between 211 and 300 miles of range.
