[adorno]

After the loan is paid up, you can take out another one for the replacement battery pack.

So, if a battery pack lasts around 8 years, and you get another battery pack for another 8 years, that's essentially the term for a mortgage. After 16+ years on that EV, you will have paid over 120,000 dollars and perhaps more, not counting the money spend for electricity for the recharging of those batteries. So, might as well get a $150,000 mortgage to pay for it all.

[oldasrocks]

Don’t worry the garage will burn up with the car in it before 8 yrs is up. Where did I read that some insurance companies are cancelling house insurance for people that own electric cars?