Used EV Inventory

At Longo Toyota of Prosper, we're happy to announce our line of used EV inventory. We have different EVs for drivers looking for different options. No matter which EV you choose, you'll be on the road in one of the most fuel-efficient and cost-effective cars available. Longo Toyota was founded in 1967 and since then we've had the pleasure of helping hundreds of thousands of customers find their next vehicle.

Benefits of Buying a Used EV

Numerous benefits come with buying a used EV. The first benefit is the amount of money you'll save on the initial purchase. Cars depreciate the most the first time they're driven off the lot, losing their "new" status and becoming "used." If you buy a used car, it'll already have lost that initial value, saving you a ton of money as the next driver.

Your used car will also depreciate less quickly for the same reasons. EVs are great for the environment, and buying a used car is another great way to support the planet. By reusing an existing vehicle, you're buying a car that's already been built so you don't have to factor that into its overall carbon footprint. Driving an EV can also grant you access to exclusive carpool lanes that often have much less traffic than regular lanes.

What To Consider When Buying an EV

While EVs have a lot of benefits, they also have potential drawbacks you should keep in mind. Charging an EV can be inconvenient at home if you don't already have proper wiring installed. It can also make your electricity bill increase. Over time, your EV's battery may lose its capacity. Batteries aren't the same as regular engines in that they can't perform with the same efficiency for their entire lifespan.

Financing Options for Used EVs

We're accustomed to working with people of all types of financial situations. Whether your credit is impeccable, could use some work, or a lot of work, we can find you a great deal on an even better EV. Our finance department is equipped to offer competitive rates on all of our used EVs and can help you through each step in the car-buying process.

Our financing process is straightforward from the beginning. You have a couple of options when you want to drive away in a new used vehicle: you can either buy it with cash, get financing for it, or start a new lease. Each option offers its own benefit and can cater to different types of drivers. If you want to apply for financing through our dealership and make your trip a one-stop-shop, we can help you in person or you can start the process by yourself from the comfort of your couch.

There are a lot of factors that go into an application, including your current credit score, how much you're applying for, how long you'd like the loan for, your current debt-to-income ratio, the age of the vehicle you want to buy, and more. After taking all of these factors into consideration, we'll find the most competitive offer we can for you.

If you have less-than-perfect credit and are worried it'll get in the way of you getting into a used EV, we can help. We're partnered with lenders at both a national and local level so we have plenty of options when financing. We also have a handy payment calculator that can give you a better idea of your budget. It can tell you both what your total buying power is if you want to purchase a vehicle and what your monthly payment could be if you were to finance.

By knowing which cars are in your budget and which aren't, you can shop with confidence. Nothing feels worse than falling in love with a car you aren't able to drive home in. By shopping confidently within your budget, you won't have to worry about that.

Trading in Your Vehicle

Trading in your old vehicle is a great way to make any of our used EVs more affordable. Before you even come down to Longo Toyota, you can get a head start on your finances by using our car appraisal tool. Our Kelley Blue Book Trade-In Value Tool is a great way of knowing how much your car might be worth and how much of that you might be able to put towards your next vehicle.

Using the car appraisal tool to find out how much your trade-in could be worth and then using the payment calculator to find out your buying power is a great way of knowing what used EVs you can afford before you ever even look at our inventory. Trading in your vehicle with us at Longo Toyota of Prosper is also a great way of simplifying your car-buying journey. You can sell your old car to us, put those funds down on one of our great EVs, and even come back to get it serviced if you need to.

Check out a Great Used EV at Longo Toyota of Prosper

EVs have some of the best mile-per-gallon ratios on the planet and getting a used version is a great way of reaping all of the benefits while saving a good amount of money. If you're interested in getting into a used EV, check out our inventory at Longo Toyota of Prosper.

We have an excellent finance team waiting to help you drive away with a great deal. Whether you want to buy the car outright, finance it to purchase, or are looking for a competitive lease, we have you covered. Call us today to set an appointment or begin the process yourself with our value your trade tool or our payment calculator tool.

No matter which way you want to finance your transaction, getting a used EV from Longo Toyota of Prosper is an affordable and easy option that is worth considering.