Quote:
Originally Posted by Ukastronomer
I had to laugh yesterday when there was a full program about electric cars IN DETAIL ... what you are NOT told................ yet.
5 year battery and battery component life for example and even the best is only guaranteed 7 years.
So as long as you don't plan to SELL it used ever, or are willing to take $50 for it after 5 years fine  |
Hi Jeremy that would mainly apply to the
battery would it not? And savings in fuel made over the 5 years would surely put that loss in perspective. The rest of the vehicle may well be subject to less depreciation than for a conventional car, which would mitigate this even further.
Make no mistake though, a new car electric or not, is one of the worst investments you can make if value retention is important to you, and I don't see that changing anytime soon.