The Expert Podcast

• Buying a Used Electric Vehicle? Think Twice About the Battery!
  • Just like checking brakes and shocks on a gasoline car, checking the battery is crucial for EVs.
  • A buyer purchased a 2014 Ford Focus EV with 60,000 miles for $11,000—seemed like a good deal.
• The Costly Surprise
  • The car stopped working and required a new battery.
  • The replacement battery cost? $14,000—not including installation.
  • Worse yet, the battery wasn't even available.
• Why EV Batteries Are a Big Deal
  • Unlike gasoline engines, EV batteries aren’t interchangeable.
  • The battery is part of the vehicle's structure—each model has a unique design.
  • Once a car model is discontinued, finding a replacement battery can be nearly impossible.
• Depreciation & Resale Struggles
  • The dealership offered only $500 to buy back the car.
  • This highlights the risk of high repair costs and low resale value for used EVs.
• EV Market Concerns
  • Some manufacturers are not supporting older EV models with replacement parts.
  • Similar to smartphones—once the battery fails, the car may become useless.
  • High heat, cold, and fast charging can reduce battery lifespan.
• Final Takeaway
  • Do your research before buying a used EV!
  • Ensure battery availability and potential replacement costs.
  • Let us know your thoughts—are EVs a smart investment or a risky purchase?