29 Dec '13, 1am

Depreciation hits electric cars hard: ^AS

Depreciation hits electric cars hard: ^AS

I'm like you I drive the wheels off the car before I get rid of it but you have to remember a lot of people lose their cars to accidents, floods, and being stolen for example. The problem is when incidents like that happen the people that own vehicles that have high depreciation values get the shock of their lives when the insurance check shows up in the mail box. Plus most people I know are in the show room with in six months of the last payment looking for a new car. I look at this article as the result of years of misinformation constantly put out by the clueless rumormongers on the NET who constantly bash the hybrids and BEV's. How many times do we here these clueless idiots tell everyone who will listen to them that you have to replace the battery packs every eight years in the hybrids? Who would consider a BEV at five years if you were thinking that you would need to...

Full article: http://www.cleanmpg.com/forums/showthread.php?t=49061

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