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[quote=Anonymous][quote=Anonymous]what about the cost of replacement battery? do you guys factor that in? [/quote]

I’m the one with the thesis.  It’s covered for 8 years and unlimited miles with my CPO extended warranty and I can actually cover it for 2 extra years as part of an add on extended warranty from the manufacture that I am considering.

It’s a risk, but my parents have a very old Prius that has over 200k miles on it and the mpg is going strong.

The degradation of the battery has so many factors, several of them are within the owners control.  The warranty took a lot of risk out of the equation.  There’s still the risk of rapid depreciation in a few years if all these new EVs do have major battery problems.  The whole system is changing and we don’t know what’s next.  We also don’t know how long the batteries will last.  You can’t eliminate risk, you just have to do take reasonable steps to anticipate and mitigate.

But the basic answer on the battery is, we just don’t know.  The down side risks get a ton of hype, but it’s far from certain that the batteries won’t last 150-200k miles.  We wont know the lifecycle till 10s of thousands of units have aged and by then, the next generation tech won’t have aged either.

ICE cars have been tested for 100 years.  The risks are far more predictable, but it’s certain there will be significant repair and service costs over the life cycle of even very reliable cars like Toyotas.[/quote]

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