High Mileage and Electric Vehicles: Should It Matter?

Download MP3
Overview:
  • A journalist shares his struggle with selling a used electric vehicle (EV) and highlights key issues affecting the EV used car market.
  • The main focus is on whether an EV with high mileage and a new battery should be priced similarly to a new car.
Key Points:

Mileage vs. Battery Life: In traditional gasoline vehicles, mileage heavily influences price. But how does this apply to EVs?
  • A 2014 electric vehicle with 160,000 miles and a new battery is priced the same as what it was bought for.
  • The seller purchased the car with 135,000 miles for $10,500, and after replacing the battery and air conditioning compressor under warranty, he now wants to sell it for $14,000.
  • The main selling point is the new high-voltage battery and the air conditioning compressor.
Discussion Question:
  • Does a new battery significantly increase the resale value of an electric vehicle, or should the car still be priced according to its mileage?
  • How do other mechanical parts like brakes, tires, and electric motors factor into the value of a used EV?
Listener Interaction:
  • What do you think about this argument? Is a new battery enough to justify a higher price?
  • Share your thoughts on how battery replacements affect the used EV market.
Resources:
  • For more insights or personal consultation on electric vehicles and other related topics, check out actualhuman.com for expert guidance.
Closing Note:
  • If you have questions or comments about this topic, leave them below. Also, remember that you have access to live, one-on-one consultations with licensed experts across various fields.
High Mileage and Electric Vehicles: Should It Matter?
Broadcast by