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Added to that, wait until all cars are electric, and they filter down the secondhand market. The average price of a 10-year old car in the UK, as of Sept 2022
by carl_dr 4y ago
Added to that, wait until all cars are electric, and they filter down the secondhand market.
The average price of a 10-year old car in the UK, as of Sept 2022, is £6100 - pretty much the same as a replacement battery pack, which will be due after 8-10 years.
That’s going to have quite an effect on 3rd owners of cars, who buy 8-10 year old cars, especially if they have the added costs of subscriptions to deal with.
- jagger27 4y agoIt’s already environmentally worse to buy a newly built electric car than it is to keep your current gas one (or buy a used one). The battery wear problem only makes this worse. The real solution is of course to heavily reduce our reliance on cars but highways and stroads keep being built.