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EV’s have high resale values. 2017 Model 3 long range with 55k miles is selling for 40k. https://www.carfax.com/vehicle/5YJ3E1EA3HF001873

We don’t have a lot of data on really old EV’s but 10 year old model S’s are retaining around 40% of their initial prices which is really good for such expensive cars.

Some of that’s the limited stock of used cars right now, but it’s really inexpensive cars that are seeing the largest bump more expensive cars are closer to normal prices.

As to battery degradation, that varies wildly with chemistry your cellphone doesn’t use the same battery technology as an EV.




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