[nascarnation]

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

[Mouton]

I believe I heard from Ford that their future plan is to not sell cars but to LEASE them.

[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.