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Battery replacement is on par with engine replacement, and might be cheaper depending on which engine we're talking about. Batteries are also just getting chea
by rootusrootus 1y ago
Battery replacement is on par with engine replacement, and might be cheaper depending on which engine we're talking about. Batteries are also just getting cheaper every year.
Plus, batteries will mostly last twice as long as the typical car is on the road before it gets scrapped for unrelated reasons.
The depreciation is mostly explained by market distortions caused by subsidies.
- giantg2 1y agoYou might need to do some more research. Battery replacement generally runs $15k-$20k. Engine replacement generally runs $5k-$10k. Batteries are estimated to last 10-20 years while the average age of cars in the US is about 14 years - close to the middle of the battery life range. While subsidies do play a role, the other points you provide are unsupported by the facts.