Girl's Electric Car Needs New Battery but It's More Expensive Than Vehicle Itself - Then She Gets Even Worse News...The Siwinskis were told the battery pack was at the end of its life and needed to be replaced, and the bill was going to be $14,000...The dealer said it couldn’t even get a battery.
(www.westernjournal.com)
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That's another angle people are not talking about.
Due to electric batteries being expensive and must be replaced in a few years, used EV's must necessarily be cheaper than gas cars.
That means HUGE depreciation cost.
Exactly. That car got 60,000 miles out of the battery. Now it's worth negative $$. And who will take the old battery off her hands?
The joke used to be "there's nothing more expensive than a cheaper BMW/Mercedes/Ferrari" now add "a used EV."