Anyone buying a used EV needs to have their HEAD EXAMINED. Same for a new one, for that matter.
Well duh.
They just figured this out now? Anyone with half a dozen functioning brain cells and has owned a cell phone and watched the lithium ion battery capacity fade away saw this years ago.
Until someone comes up with the wallmart of battery sales and works on volume over profit margin there will be no relief in battery buying whether old or new.
There are a number of companies out there selling to car makers that are generating a huge margin at this point even before the feds make everyone go into them.
Here’s a site that may give you a stomach ache:
https://www.thomasnet.com/articles/top-suppliers/ev-battery-manufacturers-companies/
wy69
“Experts said that the average EV battery guarantee lasts just eight years. After this time, the battery may lose power more quickly and so reduce mileage between charges.”
Tesla data shows that after the first year the capacity loss slows.
“Many EVs will lose up to 12 per cent of their charge capacity by six years. Some may lose even more.”
Tesla data shows that the batteries retain 90% capacity after 200,000 miles.
And that data is for older tech batteries.
Poor people who are desperate will probably be falling for these old cars in coming years, they’ll look good and seem good and will be selling cheap.
Upscale people got the incentives and won’t have to deal with the waste and the problems.
I am not interested in electric cars, and do not like them being subsidized.
I also don’t like the idea of throwing away a perfectly good car body, seats, electric motor, etc. because the battery os no good.
People rebuild car engines, and depending on the engine save a lot of money over throwing in a new one. Same with transmissions. Is it possible that we could eventually see a market for reconditioned batteries, or batteries made with something other than Li-ion to get a few more years out of that Tesla or Leaf for not quite so much money?
It won’t be for me. Our 2018 Toyota Avalon is the newest car we will ever own (unless my wife buys something after I die). But just to avoid throwing away perfectly good motors and car bodies.
Free Batteries for all!
Jao promised.
It is not their concern when they force us to do what they want.
“In some cases, the cost of a replacement battery is as much as £40,000. For certain EVs, the cost of replacing the battery could be ten times the value of the vehicle itself on the second-hand market.”
As Tesla ramps up production of the Model 3 and constantly works to improve their battery design, it’s quite possible that the prices will fall dramatically in the next few years. For now, our lowest out-of-pocket cost estimate for uncomplicated battery replacement on a Model 3 is approximately $13,000 (assuming $12,000 for the battery alone, $100 for the miscellaneous parts, and $500 for labor).
https://www.findmyelectric.com/blog/tesla-battery-replacement-cost-explained/
they’re a one owner disposable car...
Ask Hertz, who is going bankrupt trying to unload a huge cache of used EVs nobody wants to rent and nobody wants to buy.
I have an old cell phone for sell to go with the car
The data for the Nissan Leaf look a LOT worse...
“Many EVs will lose up to 12 per cent of their charge capacity by six years.”
A lot will depend on whether that capacity loss is linear or falls off a cliff. It it is linear, then why bother to change the battery? You would have 75% of original range in a 12 year old car. Just use it for shorter trips or sell it to people who have short-range needs.
But if the capacity loss is nonlinear and you hit 75% at (say) 8 years and 50% at 9 years, then you a piece of junk with zero resale value. Then call Pick and Pull and hope they are taking the junk.
I’ve wrote about the used-EV problem about 4 years ago. Once you wear out the battery purchased with the original car, you have to replace that battery before you sell it. The used-EV price will never make up for the money you paid to replace that used battery. You are basically selling that car at a huge loss.
Elon surely has seen this issue coming. Unless he has an economical replacement battery in the pipeline, even his EV business will die.
I’ve maintained only Tesla will survive and he’ll own all of the niche EV market. We’ll see.
Everyone with a working set of brain cells realizes that battery and other electric tech is advancing.
Never mind what the warranty says by the time someone wants to sell their EV — it’ll be so obsolete nobody would want it.
Quick search, for instance, on 2016 EVs. “Six Best” KBB EVs from 2016 are all tiny commuter cars with ranges of 60-100 miles spec. If their first owners treated them halfway decently they should have 90% or more of that range, but in such early vehicles that’s 54-90 miles range. If someone’s selling it, there’s a good chance things are not ideal.
Quick search on 2024 EVs shows ranges of 250-500 miles. Great, and everyone knows the limitations of charge rate and charger availability. In 8 years *those* cars will look like garbage.
Contrarily ICE cars are mature; there’s unlikely to be a revolutionary leap in ICE tech that obsoletes whole fleets.
So none of this is news. Tech depreciates madly whether your gaming computer or your phone or your EV. (That said, your old gaming computer and your old phone, and those old EVs still *work* just fine, but for resale? Nope)