I may have overstated the prevalence of that particular point, as I did all my research on that half a decade ago, and I’m talking about the used EV models that I saw available in my area for a cost that would be less than roughly $20k.
A whole lot of the models I saw available, I’d go onto EV forums for those specific makes and and models and find stories of people with the same or similar listed mileages as what I was seeing available, and a whole lot of them were saying that their EVs with 100k to 150k miles on them, the battery packs had about 50% less than the listed manufacturer range from that same make and model whilst new.
And when you are in the used EV market, that can mean that if you get a battery pack thats a dud, well the average cost of a battery replacement is roughly half what youre paying for the whole EV, or as much as the whole cost of the EV if you’re going for a cheap option.
Avg battery replacement cost is about $8k, but can range all the way up to $22k, which is basically as much as or more than the cost of a used EV itself if you’re aiming for an under $20k vehicle.
However, it may be that newer EVs have gotten better on this front in recent years, and thus the newer, but still used, market offering have improved in this regard.
Going by the % of battery capacity degradation stated here:
I may have overstated the prevalence of that particular point, as I did all my research on that half a decade ago, and I’m talking about the used EV models that I saw available in my area for a cost that would be less than roughly $20k.
A whole lot of the models I saw available, I’d go onto EV forums for those specific makes and and models and find stories of people with the same or similar listed mileages as what I was seeing available, and a whole lot of them were saying that their EVs with 100k to 150k miles on them, the battery packs had about 50% less than the listed manufacturer range from that same make and model whilst new.
And when you are in the used EV market, that can mean that if you get a battery pack thats a dud, well the average cost of a battery replacement is roughly half what youre paying for the whole EV, or as much as the whole cost of the EV if you’re going for a cheap option.
https://www.howtogeek.com/805841/how-much-does-an-electric-car-battery-replacement-cost/
Avg battery replacement cost is about $8k, but can range all the way up to $22k, which is basically as much as or more than the cost of a used EV itself if you’re aiming for an under $20k vehicle.
However, it may be that newer EVs have gotten better on this front in recent years, and thus the newer, but still used, market offering have improved in this regard.
Going by the % of battery capacity degradation stated here:
https://www.howtogeek.com/806181/why-do-electric-car-batteries-degrade/
of roughly 3% a year, which degrades cumulatively…
That means if you are buying say a 10 year old used EV, which started out at 200 mile range capacity…
That EV now has a roughly 148 mile capacity, approximately a 25% overall decrease in range.