• WRT a second hand hybrid/BEV I’d be a little cautious due to battery degradation- the potential bork cost there is likely to write off the vehicle, and could mean (for a hybrid) that you’re running an inefficient and underpowered petrol engine most of the time. Or, it could be fine.

    Point is, lease of a new one should take that potential headache away.

    My E63 looks like it’s going to cost less (and I mean, way, way less) from a TCO perspective than my C55. By a frankly insane margin. Why? Because it was 25,000 miles and 10 years newer.

  • These are my exact fears about EVs. We don’t really know what the second hand market will be like in terms of resale and reliability. Maybe you’ll be able to buy battery insurance or something.

  • There are plenty 0f 100k+ mile Tesla in the US with only 5% battery degradation.

    Also, general maintenance of old motors is basically a non issue so, unlike an old ICE car, you won't be replacing gaskets and hoses and turbos etc etc.

    I would say that second EVs will be more reliable purchases than petrol / diesel or hybrid vehicles.

  • On all electric cars do you own the battery or lease it.

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