Quote:
Originally Posted by White1SS
Not to mention a ZL1 will be worth something in 10-20 years, a ZL1-1LE much more so. Of course very low mileage garage kept cars will fetch a real premium. Most EV's will essentially be worthless in 10 years, and a financial liability in 15- 20 years. Who would buy a 10 year old EV with the possibility of a 20-30k battery replacement looming ? If you can even get a battery for a 20 year old EV in the future, what will it cost then, and what will it cost to dispose of your toxic old half ton battery ?
I've read that a lot of insurance companies are considering dropping EV's, they are too much of a financial liability. A lot of body shops refuse to work on them as well. The smallest little bump or fender bender with an EV and the insurance company will total the car, they want no parts of possible environmental issues or fires from a damaged battery. Something as simple as going over a speed bump too fast could total your car.
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Whole lot of FUD in this post. As for collectability, I suppose like every vehicle it depends on the vehicle, but the original Tesla Roadster is already appreciating and becoming a collectable.
https://www.autoblog.com/2022/10/22/...e-collectible/
Batteries only get cheaper as technology advances, it already has over the last 3 decades. By the time an EV needs a battery replacement there's a strong chance the battery cost will be cheaper than today AND even if it seems expensive to you now, let's say its $10-15K, if the cost of the used vehicle is low enough to offset that price then you're not really paying any more than any other used car and since EVs have very few parts that actually wear out, that's the only expensive cost you really have to worry about. A gasoline engine will wear out far quicker than an EV motor given similar circumstances along with MANY other replaceable parts that will also wear out and need replacing along the way.