Skip to main content

Coda Cars is selling leftover EVs – but should you buy one?

2013 Coda sedan city
Coda cars were a risk before the car firm went belly up. Image used with permission by copyright holder

Who doesn’t love a store closing sale?

Coda Automotive left the electric car business earlier this year, but there are still a few of its electric sedans lying around and they’re being sold at a “substantial discount.” At least, that’s what the new website Coda Cars is announcing.

Note that the name has changed to “Coda Cars,” which is actually a consortium of two organizations: Club Auto Sales and Ready Remarketing. It is these two groups that have taken charge of the remaining EV inventory. The real Coda still exists but only as a grid energy company.

Exactly how much of a discount will customers be getting? Speaking with AutoBlogGreen, Ready Remarketing’s Rick Curtis said his company won’t disclose pricing because it doesn’t want to upset the market value for current owners. Curtis, a former Coda dealer, did let slip that one glider (a complete chassis without the powertrain) is being offered for $7,500. You’ll have to forgive us but $7,500 for a rolling EV shell that looks like an old-gen Kia Rio is laughable.

The Coda Cars consortium has 100 gliders and 50 complete cars in its inventory. Eleven of those cars are export models with 36-kilowatt-hour battery packs (domestic cars have 31-kWh packs) and can’t be registered in the U.S.

Curtis told AutoBlogGreen he is also entertaining offers for the entire lot.

In contrast to fellow automotive startups Fisker Automotive and Tesla Motors, Coda emphasized economy over luxury. Its EV was so no-nonsense that it didn’t even have a name, which speaks volumes.

What the nameless EV did have was a chassis based on the compact Chinese Haifei Saibao, the aforementioned 31-kWh lithium-ion battery pack, and a 134-horsepower electric motor. Top speed was 85 mph and range was 88 miles. No word on the top speed of the $7,500 rolling shell, though.

Coda hoped to undercut other electric cars with this simple sedan, but its $37,250 base price steep given its power, range, and utilitarian design.

Buying cars from defunct carmakers or brands isn’t unheard of, but there are a few things consumers might want to consider before picking up a leftover Coda. Realize that Coda might have some spares lying around but it won’t for long. Even if you can get a hold of replacements, you’ll have to pay for them – and the labor costs – out of pocket, as the warranties are void.

So if you’re looking for a bargain, the leftover Codas may be for you. Just don’t expect any of the perks that come with new (or used) car ownership – or a powertrain for that matter.

Editors' Recommendations

Stephen Edelstein
Stephen is a freelance automotive journalist covering all things cars. He likes anything with four wheels, from classic cars…
The cheapest electric cars you can buy
A Telsa Model 3 drives along a road.

To date, electric vehicles have cost considerably more than their gasoline-powered counterparts, but that’s finally changing. Every year, more and more inexpensive EVs are hitting the market and, with the help of local, state, and federal tax credits and rebates (if available), many of them now sell for well below the 2023 median car price of $48,000.

If you're a budget-conscious buyer, that number is probably little consolation. However, there are a lot of good options for closer to $30,000 and below -- if you know where to look. That's why we've put together this guide. Here's a list of the nine most affordable electric vehicles available right now, ranked from cheapest to most expensive. Note that we're only including vehicles that are available in the U.S.

Read more
GM plans to phase out Apple CarPlay for EVs, go all-in on Android integration
Interior of the 2024 Chevrolet Blazer EV.

General Motors plans to stop using Apple CarPlay and Android Auto phone connectivity in future EVs in favor of infotainment systems developed with Google based on the company's tech. First reported by Reuters, the move is surprising given the popularity of Apple CarPlay and Android Auto, which allow users to project content from smartphones onto a car's touchscreen, bypassing the native infotainment systems.

GM's decision to stop offering these systems on future EVs, starting with the 2024 Chevrolet Blazer EV, could help the automaker capture more customer data, Reuters noted, providing insight into how vehicles are used. But it will likely be detrimental to the user experience, as customers will have to learn to use built-in infotainment systems, rather than the smartphone interfaces they're used to.

Read more
Pros and cons of buying a used electric car
Front three-quarters view of a 2023 Kia EV6 GT in a desert setting.

Electric cars have come a long way over the past few years. Gone are the days when the thought of an electric car was a novelty — these days, EVs are common, (mostly) available, and for the most part, refined.

But they’re also still relatively expensive, especially for a good one. That’s exactly why you might be thinking about buying a used one.

Read more