| ▲ | justapassenger 3 hours ago | |
EV batteries are expected to offer about 60-70% of capacity at 20 years. I think that's really good compared to general wear and tear of the car. But let's go back to the original point, about being able to UPGRADE (not repair/replace) battery in the car. 20 years old car is worth like $1k-2k, which is fraction of the cost of the new battery. While it's cool thing to do for hobbyists, it makes 0 economical sense. | ||
| ▲ | carefree-bob 3 hours ago | parent [-] | |
If you want pricing for older cars, I recommend carsandbids.com. For example, here is a 2008 Audi RS4, that is currently bid to $18,000. It has 111,000 miles on it. https://carsandbids.com/auctions/3oj8pvR7/2008-audi-rs4-seda... What an old car is worth depends on many factors, but age is not the most important one. The average age of passenger cars on the road in the U.S. is 14 years old -- I think 14.5 years now. I don't think we have data on average appraised value of passenger cars on the road, but I would guess it would be in the range of 10-15K. | ||