Nov 29 2023, 01:44 PM
QUOTE(4WD_er @ Nov 28 2023, 10:46 AM)
EV resale value after warranty period will always be low, very low.
Because the used EV buyer need to pay for the EV battery replacement cost, or prepared to pay for the EV battery cost.
BYD otto when new, say 165k, after 5 years say 50k. So the buyer needs to pay 50k for the car, and probably 60-80k on top for the EV battery subsequently.
Nah I would say the resale value of EV will be closely related to the remaining battery health (state of degradation). An EV with a battery health of 90% will always have a better resale value than an EV with 80% of battery health. Moreover, it is not necessary for second hand EV buyer to replace the battery if it's not dead or behaving abnormally because in most cases it's only the range (second hand buyer gets lower range than a new car, that's all) that will be affected due to the degradation of the battery.Because the used EV buyer need to pay for the EV battery replacement cost, or prepared to pay for the EV battery cost.
BYD otto when new, say 165k, after 5 years say 50k. So the buyer needs to pay 50k for the car, and probably 60-80k on top for the EV battery subsequently.
This post has been edited by HotshotS: Nov 29 2023, 01:45 PM
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