Electric Vehicles: Not a Deal for You or the Environment

Electric Vehicles: Not a Deal for You or the Environment
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Anne Johnson
Updated:

Used cars cost more than ever, but there is an exception to this. Used electric vehicles (EVs) may appear to be a bargain in today’s used car market.

A woman in Florida purchased a used 2014 Ford Focus Electric for $11,000. It had 60,000 miles on it. After driving it a few months, lights started flashing on the dashboard—this indicated a problem with the battery. Her battery needed to be replaced. But the replacement was $14,000. The battery was worth more than the car.

Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.
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