All cars, including electric cars lose 25% value after they’re sold. The concern is about longer term resale value. A 10 year old electric car is worthless. It would need a new $15,000 battery to continue operating. A 10 year old combustion car can still be worth more than half its original value.
Yes, and replacing the battery essentially gives you a new drivetrain. It would cost near the same price to replace an ICE engine and transmission (using dealer pricing), hence propaganda.
Not at all. An engine for a 15 Sentra is $4000 new. Find me a 15 Sentra that is that low in price. Maybe in the private market with multiple hundreds of thousands of miles, but not at a dealer with reasonable miles.
Replacing a battery does not replace the drive train, it is like replacing the gas tank. The drive train would be the electric motors, which to my knowledge do not have a service interval, and are not even a fraction of the cost of a battery pack or inverter/module you have to replace with it.
source: twenty years working on cars and selling their parts.
You forgot about the cost of a transmission. Your 20 years don’t seem to be helping here.
You’re trying to compare apples to apples in terms of functional components, but that’s disingenuous and completely misses the point. I’m comparing the most expensive components that degrade over time and with use as a cost of ownership - both ICE and EV have expensive components that may need to be replaced after many miles and time, discrediting one and not the other is asinine. Every ICE I’ve owned has gone to the scrap yard, but somehow it’s only a problem for EVs, which BTW can have 99% of their lithium recycled and re-used.
The discussion at hand is battery powered vehicles and the used market cost. Not cost of ownership, not most expensive part, but the second hand market. Which with a battery powered EV you have to take much different precautions when purchasing one in the used market compared to an ICE vehicle, precautions the average person does not think about or know.
A transmission for a Sentra is $1500… still not equal to a Leaf battery pack, taking that argument further.
I have never bought a new car, and have sold every single one to someone else, who is either still driving it or has sold it to someone else. The fact that you scrap cars so readily lets me know you have no idea of value of an ICE vehicle, let alone an electric powered one.
These are normal numbers compared to ice vehicles. Vehicles lose 15% to 25% in their first year.
Oil baron propoganda
Yes, exactly my thoughts… it is usual ratefor used cars
All cars, including electric cars lose 25% value after they’re sold. The concern is about longer term resale value. A 10 year old electric car is worthless. It would need a new $15,000 battery to continue operating. A 10 year old combustion car can still be worth more than half its original value.
It’s more about the maintenance cost of the used EV, the main one being a battery that costs as much as the car.
Yes, and replacing the battery essentially gives you a new drivetrain. It would cost near the same price to replace an ICE engine and transmission (using dealer pricing), hence propaganda.
Not at all. An engine for a 15 Sentra is $4000 new. Find me a 15 Sentra that is that low in price. Maybe in the private market with multiple hundreds of thousands of miles, but not at a dealer with reasonable miles.
Replacing a battery does not replace the drive train, it is like replacing the gas tank. The drive train would be the electric motors, which to my knowledge do not have a service interval, and are not even a fraction of the cost of a battery pack or inverter/module you have to replace with it.
source: twenty years working on cars and selling their parts.
You forgot about the cost of a transmission. Your 20 years don’t seem to be helping here.
You’re trying to compare apples to apples in terms of functional components, but that’s disingenuous and completely misses the point. I’m comparing the most expensive components that degrade over time and with use as a cost of ownership - both ICE and EV have expensive components that may need to be replaced after many miles and time, discrediting one and not the other is asinine. Every ICE I’ve owned has gone to the scrap yard, but somehow it’s only a problem for EVs, which BTW can have 99% of their lithium recycled and re-used.
The discussion at hand is battery powered vehicles and the used market cost. Not cost of ownership, not most expensive part, but the second hand market. Which with a battery powered EV you have to take much different precautions when purchasing one in the used market compared to an ICE vehicle, precautions the average person does not think about or know.
A transmission for a Sentra is $1500… still not equal to a Leaf battery pack, taking that argument further.
I have never bought a new car, and have sold every single one to someone else, who is either still driving it or has sold it to someone else. The fact that you scrap cars so readily lets me know you have no idea of value of an ICE vehicle, let alone an electric powered one.