How Much Is A Golf Cart?

Golf carts have become more popular than ever–and not just among golfers playing a round. Off the golf course, people are hopping in their golf carts to go to the beach, the stores, and more. 

If convenience or sustainability (enter the electric golf cart) are what you’re after, it’s time to start investigating golf cart prices in 2024. 

But be warned: while a golf cart may seem to be a cheaper alternative to a car, you may be surprised to find that isn’t always the case. 

If you’ve been wondering how much a golf cart costs, you’re in the right place. We’ll fill you in on everything you need to know about the pricing of new and pre-owned golf cart options on the market. 

Golf Cart Cost Breakdown

Numerous factors come into play when determining the cost of a golf cart. The brand and model of the cart, its power source, and customization options are just a few elements that can significantly affect the price tag. The type of powertrain also significantly affects golf cart prices.

Note that the starting price of golf carts tends to be higher than that of a side-by-side. 

New golf carts typically range between $7,000 to $9,000, depending on the brand and model.

Electric golf carts are generally more expensive, with the average price ranging from $6,000 to $18,000. Electric golf carts have a higher cost because of the batteries. 

SeaterAverage New Price GasAverage New Price ElectricAverage Pre-Owned Price (Gas/Electric)
2-Seater$7,000 – $9,000$6,000 – $10,520$3,000 – $8,000
4-Seater$10,000 – $15,000$10,520 – $14,000$4,000 – $9,000
6-Seater$12,000 – $16,000+$14,000 – $18,000$6,000 – $14,000

New vs. Used Golf Carts

The choice between a brand-new or used golf cart ultimately boils down to your budget. New golf carts come with the latest technology and attractive warranties–plus, they’re easier to finance. However, they tend to lose most of their value immediately after purchase, much like a car would. 

On the other hand, used golf carts offer the following advantages:

  • Lower pricing 
  • Can still be customized and upgraded 
  • Maintain a good resale value 

When purchasing a used cart, pay attention to maintenance records and battery lifespan. 

How Neighbor is changing storage

Transparent monthly savings

Renters save 30-50% on vehicle storage, on average. No rate hikes.

Keep your toys nearby

Hosts in your neighborhood means that your items are always close by.

Storage made simple

Don't settle for stone age tech and long contracts. Neighbor makes it easy.

Electric vs. Gas Golf Carts

The type of power sourceelectric or gas–also considerably impacts the cost of a golf cart. 

Electric golf carts typically have a higher upfront cost, with the average price of a new electric golf cart hovering around $10,520. However, these carts offer the benefit of lower maintenance costs. 

On the flip side, gas golf carts may have a lower initial price tag but can incur higher fuel and maintenance costs. 

The cost of engine services for gas golf carts is about $125. Furthermore, gas golf carts often come with power units ranging from 11.5hp to 13.5hp and may provide more speed and pulling power than electric carts. 

Pricing By Golf Cart Brand

Three major golf cart brands dominate the market: EZGO, Club Car, and Yamaha. Each of these brands offers unique features and pricing structures, catering to different customer needs and preferences, including street-legal golf carts.

Club Car

Club Car is a renowned brand in the golf cart industry, known for its durable golf carts that feature premium upgrades. The prices of new Club Car golf carts range between $7,000 and $12,000 for a base model. 

Because Club Car is known as a premium brand, you’ll find average pricing here to be slightly higher than with EZGO and Yamaha. 

When it comes to used Club Car golf carts, you can expect prices to range from $3,000 to $8,000. The price variation largely depends on the cart’s condition, age, and any additional features or upgrades it may have.

Image Courtesy of Club Car: Model pictured above Onward 4 Passenger 

EZGO

Another major player in the golf cart market is E-Z-GO. E-Z-GO does offer both gas and electric golf carts. 

One of their top models, the E-Z-GO Freedom RXV, is available at a starting MSRP of $10,299 and can accommodate 2 to 4 passengers. The E-Z-GO Express S4 starts at $12,609, while the Express S6 and Express L6 models are priced higher, starting at $14,919 and $16,044 respectively. 

Pricing for gas-powered golf carts, such as the 2023 E-Z-GO Express S4, begins at $12,600.

Image Courtesy of E-Z-GO: Model pictured above Liberty LSV

Yamaha

Yamaha has their hands in quite a few different areas of business. The Yamaha golf carts have increased in options and functionality in the last few years. 

Prices for a new Yamaha golf cart range from $7,000 to $14,000, depending on the model and its features.

Specific models, like the Yamaha Drive2 QuieTech EFI gas model, start at $9,481. The Drive2 PowerTech AC electric model starts at a slightly higher price of $10,161. For more seating capacity, snag the Adventurer Sport 2+2 model, priced at $12,740. 

Image Courtesy of Yamaha: Model Pictured Above Drive2 PTV

Seating Capacity and Its Impact on Price

Yet another factor that informs the cost of a golf cart is the seating capacity. A standard 2-seater golf cart typically costs between $7,000 and $8,000. However, as the seating capacity increases, so does the price tag.

If you purchase a 2-seater cart, you can usually purchase a kit that allows you to install two more seats on the back of the golf cart. 

Four-passenger golf carts generally range from $10,000 to $15,000, while six-passenger golf carts usually fall within a price range of $12,000 to $16,000+. 

Customization and Accessories: Costs to Consider

Customized golf cart with accessories

One of the most fun parts of being a golf cart owner is the ability to customize your cart. For instance, light bar kits, which include single-row LED light bars, curved LED lights, and RGB whip lights, can significantly increase golf carts’ cost. 

Adding more luxurious features (like those seen below) will hike the total cost.

  • Premium cushions
  • Built-in cup holders
  • A wider footplate
  • Coolers
  • GPS
  • Economy rear seat kits

Wheel upgrades, seating upgrades, and the inclusion of lithium-ion batteries can all tack on additional costs–ranging from several hundred to over a thousand dollars.

Golf Cart Maintenance and Repair Expenses

Owning a golf cart inevitably involves maintenance and repair expenses. These costs are crucial for the longevity and optimal performance of the cart. Yearly golf cart maintenance costs can include:

  • Wheel alignment
  • Oil changes
  • Tire rotations
  • Tire replacement

These costs can range from about $500 to $2000.

Both electric and gas golf carts require maintenance procedures such as tire pressure checks and brake servicing.

However, electric carts need special attention paid to their golf cart batteries. Replacing the battery can translate to a significant expense ranging between $800 and $2,500. Note that golf cart batteries can last anywhere from 3 to 10 years, depending on the use and maintenance. 

Failure to perform routine maintenance on a golf cart will decrease its value and cause decreased performance over time.

Financing Options for Golf Cart Purchases

Golf carts can be financed through loans, allowing buyers to avoid large upfront costs while purchasing a cart. As new golf cart prices have increased, so have the options for financing. 

Manufacturers may also offer competitive financing rates and terms through partnerships with financial companies directly to consumers.

Summary

If you are considering purchasing a new or used golf cart, understand that ownership costs go far beyond the initial purchase. Expenses like gas bills, electric bills, storage costs, maintenance costs, and high-tech upgrades should all be considered at the time of purchase. 

If you don’t have enough room in your garage to store your new golf cart, consider renting a storage unit. A properly stored golf cart means protection against UV rays, dust, rain, snow, and moisture. If you want to maintain the resale value of your golf cart, this kind of protection is more of a need than a want

Neighbor, a peer-to-peer storage marketplace, allows you to find affordable golf cart storage close to your home. Don’t let storage be a deal-breaker when it comes to owning a golf cart. 

Frequently Asked Questions

Do Golf Carts Hold Their Value?

Yes, golf carts generally hold their value well, especially when well-maintained. Higher-end models can retain up to 70% of their value after five years, while lower-end carts retain 40-50%.

How Much is a Golf Cart?

A new golf cart can cost between $7,000 and $9,000, depending on the brand, model, and additional features.

How Fast Will a Golf Cart Go?

A golf cart traditionally travels between 12 and 14 miles per hour. However, a custom cart can be modified to travel more than 20 miles per hour. 

What Is the Most Expensive Golf Cart in the World?

One of the most expensive golf carts in the world is the Garia Mansory Currus. This cart can cost more than $60,000, as it is a custom golf cart with impressive features and premium materials. 

Related Posts