Golf Carts have transitioned from the sole purpose of moving people around a course to residential transportation and utility vehicles. For this reason, they are now attracting buyers from all corners of the market. With the pricing of new golf carts nearing the cost of some brand-new cars you may be curious. How much is a golf cart used? Today we will discuss the newest phase of the golf cart market, buying used carts.
Factors Influencing the Price:
While there are a plethora of factors affecting the pricing of used golf carts, some of the most critical include:
Age and Condition: Like any vehicle on the market, the year and overall condition significantly impact pricing. Newer models with low mileage and minimal wear and tear translate to pricing close to the brand-new carts. If you are looking for a lower price you will need to find something a few years older that either has higher mileage or needs some TLC.
Brand and Model: Brands like Club Car, Yamaha, and EZ-GO will fetch higher prices simply because those are the most popular and there is consistent demand. This is where we would get into use case territory when deciphering “how much do used golf carts cost?”. These brands typically cater to the fleet/commercial side of the market while there is a growing need for residential and utility golf carts. You will find brands that cater to individuals also fetching a higher price because they have included the most preferred accessories and items needed to legally drive on the road.
Features and Accessories: Items like custom seats and paint jobs might harm the value and lower demand while speaker systems and light upgrades usually enhance demand. This shows the difference between 2 types of accessories. Universal upgrades and personalization. Universal upgrades increase demand across the board, bringing a higher price. Personalization accessories typically reduce the number of potential buyers, price is then decided by the relatable community. On average a personalized golf cart will be lower in price but there are examples where the community that a cart speaks to after specific upgrades is appreciated greatly and the price skyrockets. All in all, think basic golf cart, better pricing.
Power Source: There will always be a debate about which is better for a golf carts power source, gas or electric. This will drive the prices up or down in specific locations where one type is more favorable. If you live in a spread-out community where range is important, you will likely see a lower price in used electric golf carts as people compete more to buy longer-range gas carts. This is just one example but the rule applies in every market condition.
Market Demand: Like any market, the overall deciding factor is supply vs demand. Once you have selected the ideal golf cart for yourself it’s now time to consider the external factors. What time of the year are golf carts in the least demand nearby? Is there a better deal if I travel away from home to source my cart? Will to local course be upgrading their golf carts soon? The list goes on and is unique to each type of cart you wish to purchase. Best to do some digging before pulling the trigger.
Average Cost of a Used Golf Cart:
Listed above is plenty of information when looking to purchase a specific golf cart but what if are just curious about how much is used golf carts? Here is a very general overview of the average prices.
Entry-level electric golf carts in fair condition typically start at around $2,000 to $3,000.
Mid-range electric carts with additional features and accessories may range from $4,000 to $6,000.
High-end electric carts from reputable brands with advanced features can cost anywhere from $7,000 to $10,000 or more.
Gas-powered golf carts tend to be slightly more expensive than their electric counterparts. Basic gas models may start near $3,000 to $4,000, while premium models can exceed $10,000 depending on the brand and features.
Tips for Buying a Used Golf Cart:
TEST DRIVE! If someone wants to sell you any kind of motorized vehicle and wont allow a test drive or at least a ride-along, stay far away. Make sure to inspect a used golf cart thoroughly. Wear and tear will almost always be present. Year and mileage with determine what should be considered a normal amount of wear and tear. Look for damage, specifically damage that could impact performance. Check out the tires. Tires are expensive and a new set could make your great used purchase that much less cost-effective. Look through the mechanical components for any signs of distress. If it is an electric cart, check out the battery. Everybody knows someone that is well-versed in engines, don’t be scared to bring along some help when looking at a used golf cart.
Conclusion:
We hope this helps you answer the question, “how much is a used golf cart?”. You will need to compile a list of information about the style of golf cart, intended purpose, age, condition, mileage and features specific to your needs before you can truly answer this. With a bit of research, shopping in the used golf cart market can be a pleasant experience. Whether you are looking to cruise the local fairways or get around your neighborhood, a used golf cart can provide reliable transportation for years to come. Just make sure to stay on top of maintenance! Check out our guide about golf cart maintenance.
