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Why Car Dealers Are Rejecting Second-Hand Electric Vehicle Trade-Ins

Why Car Dealers Are Rejecting Second-Hand Electric Vehicle Trade-Ins
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by Newstalk

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A car dealer from Ireland explained that she is unwilling to take electric vehicles (EV) as trade-ins in the second-hand market because the value of EVs has dropped as there is no longer a shortage. She said that she will not buy any EVs that are out of warranty and usually expire after 8 years, as battery replacement can cost up to 20,000 euros. EV cars have a limited range and have re-charging issues.

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