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To: Oldeconomybuyer

The original owner drives the EV. Then, as the EV battery gets close to it life expectancy, the seller tries to unload it because he/she does not want the expense of the new battery. The car resale value drops fast because nobody else wants to buy a ca that needs a new expensive battery soon.

This is the real reason for the drop in values for EV’s.


7 posted on 12/25/2023 7:41:28 PM PST by neverbluffer
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To: neverbluffer

>The original owner drives the EV. Then, as the EV battery gets close to it life expectancy, the seller tries to unload it because he/she does not want the expense of the new battery. The car resale value drops fast because nobody else wants to buy a ca that needs a new expensive battery soon.

Close enough IMO. Many of these things have good warranties on battery/drivetrain, and reasonably maintained the degradation can be minimal. Problem for the used car buyer is there’s no way a dealer is going to let you do the kind of poking about that would let you know if the owner abused the battery or treated it nicely any more than they’ll let you do an engine teardown to look for valve wear.

In the case of earlier EVs where the brand-new ranges were 80 or 150 miles, a badly treated car is pretty much poo. New ones are 250, 350, even 500 mile range.

Life in tech; the new is obsolete and worthless quickly.


11 posted on 12/25/2023 7:52:22 PM PST by No.6
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To: neverbluffer

“This is the real reason for the drop in values for EV’s.”

indeed ... and of course that very reason is ignored by the propaganda articles, which tries to blame the resell issue on a bunch of nonsense that excludes everything BUT the battery issue ...

no one in their right mind would buy a used EV with a battery of unknown capacity or even one with a known capacity that’s about gone because a new battery costs as much (or more) than a whole brand new EV!


18 posted on 12/25/2023 8:17:13 PM PST by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: neverbluffer
The most intelligent statement I ever saw about the flaws EVs came from a guy who told me why his company refused to buy any of them for its vehicle fleet:

“An EV has a life cycle that is more like a computer than a car. After you’ve used it for 3-5 years it is so technologically obsolete that you can’t even give it away.”

56 posted on 12/26/2023 5:41:22 AM PST by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: neverbluffer
Well, the solution for that is for the government to simply provide subsidies for EV overhauls, at what, every 100,000 miles, including battery replacement and the disposal of old batteries.

[POOF] Here you go Mr. Smith, ready to go.

[POOF] There go those old batteries right there in that truck, Mr. Smith, you don't need to worry about a thing.

See?

60 posted on 12/26/2023 6:26:36 AM PST by OKSooner ("You won't like what comes after America." - Leonard Cohen.)
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