Comments on: What Will a Used Electric Car Be Worth? No Clue, Says CAP

By: How to Get First in Line for GM’s $41K Chevy Volt

How to Get First in Line for GM’s $41K Chevy Volt — Tue, 27 Jul 2010 16:01:16 +0000

[...] end of the day GM will carry the burden of risk to guarantee an as-yet-undisclosed residual value (the car’s projected worth at the end of the lease) in the event that a lessee decides not to buy the [...]

By: Depreciation: Looming Roadblock for Electric Cars

Depreciation: Looming Roadblock for Electric Cars — Fri, 25 Jun 2010 19:01:56 +0000

[...] data for leasing companies, insurance firms, vehicle retail groups and financial institutions, recently described the task of reliably forecasting the residual value of electric vehicles (how much a car will be worth at the end of its lease, which affects where monthly lease payments [...]

By: Home Energy Storage: An Encore for Electric Car Batteries?

Home Energy Storage: An Encore for Electric Car Batteries? — Fri, 11 Jun 2010 18:02:09 +0000

[...] surrounding electric car charging systems, overall running costs and especially the battery, make it “impossible” at this point to forecast the residual value for an electric vehicle, or how much it will be worth at the end of its [...]

By: Want Electric Cars En Masse? Time to Rethink Warranties

Want Electric Cars En Masse? Time to Rethink Warranties — Thu, 08 Apr 2010 12:01:42 +0000

[...] automaker has a mechanism in place to reclaim the battery after its useful life in the vehicle and reap its “residual value” in secondary markets. However, rolling the battery pack into one contract with the vehicle — rather than covering [...]

By: 3 Lessons for Green Cars From Toyota on Money, Money, Money

3 Lessons for Green Cars From Toyota on Money, Money, Money — Wed, 17 Mar 2010 12:01:28 +0000

[...] emphasizes the importance of cultivating a strong residual value for green car makers. Residual value is a big unknown for electric vehicles, hinging largely on estimates of how much the battery’s value will depreciate — a [...]

By: David

David — Thu, 25 Feb 2010 22:14:29 +0000

I suspect it will depend on the brand and model as as my 1997 rav 4 is worth about 4k and the electric verison 40k plus

By: joepah

joepah — Thu, 25 Feb 2010 16:54:21 +0000

Unless the government is paying the EV owner, no utility can afford to pay anywhere near that amount. Utilities only need power during peak period, from 3 to 8 pm, and they will only pay the whosesale price. I would think most EV users would need to use or charge their vehicles during peaks. And if your car's battery pack is being cycled more often, it will definitely not last as long, i.e. a 8 year service life (to 80% capacity) would be reduced, and make the used EV less valuable.

By: tina juarez

tina juarez — Thu, 25 Feb 2010 16:41:57 +0000

FYI: Metal fatigue does set in. After converting a ’68 VW at 150K ICE miles, my friend’s car finally started falling apart after 150K addition EV miles. The Curtis controller died at about 140K EV miles. The EV components were re-installed in a newer chassis.
I got offers for my conversion even before I got it running! I get offers all the time for my car as well! My $600. lead acid battery pack saved me $4K in gasoline the first year when gas was $1.75/gal. My second pack was a semi-dud having sat on the warehouse floor for 9 months before being sold, but the higher cost of gas saved probably made up for the higher cost of the pack anyway…I stopped keeping track.
90% of U.S. lead-acid batteries are of recycled lead but priced at the cost of new lead on the London commodities exchange.

By: Lease It: Tesla Roadster For (a Minimum) $1,658 Per Month

Lease It: Tesla Roadster For (a Minimum) $1,658 Per Month — Thu, 25 Feb 2010 16:00:46 +0000

[...] value). I’m curious to know what a 3-year old leased Roadster would cost a customer to buy? As Josie pointed out recently, CAP Motor Research, one of the UK’s biggest providers of vehicle valuation data for leasing [...]

By: hsr0601

hsr0601 — Mon, 22 Feb 2010 07:31:48 +0000

According to the most recent study, with V2G technology, EV users are able to turn their EVs into Cash Cow.

Selling Spare Juice in The Electric Car Back to the Grid, owners might earn as much as $300 a month, or $3,000 or more a year, without compromising battery life, representing quick pay-off for ownership, savings on costly gas and maintenance aside.

Just as importantly, In the long run, car owners might even save their old plug-in batteries to make the best of them so that the batteries will have a life outside the car.

Thanks so much !