Anonymous
Post 07/17/2025 14:46     Subject: Resale value of older EV

Anonymous wrote:Engines wear out too. This isn’t a problem unique to EV’s. Many car engines fail at 8-10 years too. Most in fact.


Wut? My IC vehicles are 15 and 21 years old. I know many people with cars older than 15 years without engine issues. I've had ones before that lasted 10+ years.. Both totalled for other reasons, not engine failure.
Anonymous
Post 07/17/2025 11:54     Subject: Resale value of older EV

Anonymous wrote:
Anonymous wrote:Electric engines and batteries will last 15-20 years.

Electric engines are pretty simple and will remain working with little maintenance well beyond ICE engines.

Battery capacity degrades about 2% or less per annum if you don’t charge regularly with a supercharger. So, even after 10 years, there’s still 80% capacity.



What’s an “electric engine”?

Never heard of such a thing. What is it burning?


I think PP meant electric motor
Anonymous
Post 07/17/2025 11:42     Subject: Resale value of older EV

Anonymous wrote:Electric engines and batteries will last 15-20 years.

Electric engines are pretty simple and will remain working with little maintenance well beyond ICE engines.

Battery capacity degrades about 2% or less per annum if you don’t charge regularly with a supercharger. So, even after 10 years, there’s still 80% capacity.



What’s an “electric engine”?

Never heard of such a thing. What is it burning?
Anonymous
Post 07/16/2025 18:46     Subject: Resale value of older EV

Anonymous wrote:Engines wear out too. This isn’t a problem unique to EV’s. Many car engines fail at 8-10 years too. Most in fact.


No, most internal combustion engines do not fail in 8 years.
Anonymous
Post 07/16/2025 18:19     Subject: Resale value of older EV

Anonymous wrote:The claim is that battery capacity degrades 2-3% year. So, if the battery’s original mileage capacity was small, the recharge capacity after ten years (70-80%) might make the car impractical for anyone other than someone in a small town doing nearby errands, like a retired person. The reduced mileage capacity could impact resale prices.


The cars are built with reserve battery capacity to avoid that, and batteries are actually holding up better in practice than people expected because the pattern of actual use puts less demand on the battery than lab testing.

Again no one is seeing 30% loss in an 10 year old Tesla. Here’s an article suggesting a 12% loss after 200,000 miles.

https://cars.usnews.com/cars-trucks/advice/tesla-batteries
Anonymous
Post 07/16/2025 18:01     Subject: Resale value of older EV

Electric engines and batteries will last 15-20 years.

Electric engines are pretty simple and will remain working with little maintenance well beyond ICE engines.

Battery capacity degrades about 2% or less per annum if you don’t charge regularly with a supercharger. So, even after 10 years, there’s still 80% capacity.
Anonymous
Post 07/16/2025 13:25     Subject: Resale value of older EV

Engines wear out too. This isn’t a problem unique to EV’s. Many car engines fail at 8-10 years too. Most in fact.
Anonymous
Post 07/09/2025 15:45     Subject: Resale value of older EV

The claim is that battery capacity degrades 2-3% year. So, if the battery’s original mileage capacity was small, the recharge capacity after ten years (70-80%) might make the car impractical for anyone other than someone in a small town doing nearby errands, like a retired person. The reduced mileage capacity could impact resale prices.
Anonymous
Post 07/08/2025 23:57     Subject: Resale value of older EV

If you buy used, you might get a good deal and have fewer worries about how fast the value drops.

I would likely do that if I were in the market.
Anonymous
Post 07/08/2025 22:47     Subject: Resale value of older EV

No. Batteries are warrantied for 8 years but they last a lot longer than that.

I mean think about it— the Tesla Model 3 has been on the market for 8 years (and the model S was on sale 5 year before that)— has there been any news stories about thousands of Tesla owners having to junk their cars? A couple here or there might have had defective batteries but lemons occur in all kinds of cars.
Anonymous
Post 07/08/2025 22:28     Subject: Resale value of older EV

If I understand correctly, it’s very expensive to replace an EV’s rechargeable battery. So much so that after the battery fails, the car is totaled. Is that right? Sounds like a massive waste, if true. How do you dispose of such a car?

I’m interested in an EV, but am trying to think about the total cost and was considering potential residual value. Sounds like if you keep an EV 8 years, there may be no value at all.