Re:Residual Value: Electric Batteries vs. Internal Combustio...
by Spooky23 on Monday March 27, 2017 @12:01AM
(#13965102)
Quality ICE cars are pretty trivial to run a long time. I drive a 2003 Honda SUV, which just hit 230,000 miles. I've probably put an average of $500 annual repairs for the last 6-7 years. Mostly drivetrain stuff that wears out like CV joints, sway bars, etc.
If you buy a electric car, you're not doing it to save money. The optimal ROI remains a 12-24 month old car with a certificatation program that you keep for 8-10 years. I'd rather do that and have $30k in the bank than futz with electric cars and unknown service lives.
If you buy a electric car, you're not doing it to save money. The optimal ROI remains a 12-24 month old car with a certificatation program that you keep for 8-10 years. I'd rather do that and have $30k in the bank than futz with electric cars and unknown service lives.