Quote:
Originally Posted by Old Mechanic
I think you can see from the used prices the hurdles faced by 10+ year old hybrid purchasers. Once the 8-10 year battery warranty expires, the used car value drops to or below that of a non hybrid but otherwise similar vehicle. Add another 10 years and they will all be gone, with few exceptions.
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Already 15 year old 2000 model year here .. and all is good
I'm expecting several more decades still to get out of it.
Soo ... I'll be one of those exceptions
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If the HEV out of battery warranty drops to the price of a regular ICE-Only .. that's great news for the actual value of the HEV to the owner .. and bad news for the ICE-Only alternative ... because it just means that all the HEV benefits can than be had for an even smaller margin / investment .. maybe even no margin at all... Like the guy I know at work who found an I1 for $2,500 with no issues... he gets the higher MPG .. with a lower initial investment cost.