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Old 03-06-2015, 07:55 PM   #104 (permalink)
oldtamiyaphile
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Join Date: May 2009
Location: Australia
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UFI - '12 Fiat 500 Twinair
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Quote:
Originally Posted by Old Mechanic View Post
Once the hybrid battery warranties have expired right at the ten year mark, which happens to be the average age of vehicles on the road in the US today then the value of the hybrid plummets.
The cost of ownership (from new) I've done for both EV and Hybrids, the break even point is right about the time the battery is likely to need replacing, and the car's value drops to scrap. It really comes down to taking a gamble.

In Europe EV's at five years old are only worth scrap value as people won't buy them in case it needs a new battery.
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