I've seen stories where seven year old Tesla cars are being scrapped because a new battery pack costs more than the residual value of the car. I wonder if this payback calculation takes battery depreciation into account?
“I’ve seen stories where seven year old Tesla cars are being scrapped because a new battery pack costs more than the residual value of the car.”
Odd? the older Teslas had an eight-year warranty on the battery. But when degraded into beater status, often cost-effective to part them out.
“I wonder if this payback calculation takes battery depreciation into account”
A very good question!
I think what is more likely to happen after 7 years, the backhoe likely has 5 to 6 hours of useful work time instead of 8 for ideal conditions. It would seem to me any battery warranty would be based on operating hours versus mileage.