The used electric car market is set to change with new battery warranties

As consumers turn their attention to buying a new electric vehicle, one must also look at the growing used market.Keith Srakocic/The Associated Press

The International Energy Agency predicts that 300 million electric vehicles must be on the road worldwide by 2030 to be on track to net zero emissions by 2050.

In Canada, despite issues with charging for infrastructure and criticism of government rebates, we have seen a rise in interest in electric vehicles and sales growth rapidly. As consumers turn their attention to buying a new electric vehicle, one must also look at the growing used market.

Most manufacturers guaranteeing batteries for eight years or 160,000 kilometers will make drivers hesitant when buying a used electric vehicle that is six or seven years old as the mileage approaches the factory warranty. The fear of out-of-pocket battery replacement costs after warranty creates the impression that electric mileage vehicles are neglected vehicles, regardless of their general condition.

How does electric vehicle maintenance differ, part 1: regenerative braking can cause wear to form

How Electric Vehicle Maintenance Differs, Part Two: Increased Weight, and Torque is the Recipe for Faster Wear

How is Electric Vehicle Maintenance Different, Part Three: Is an Electric Vehicle Cheaper to Maintain?

At the moment, I am not aware of any third party or non-documentary warranty company that offers a policy specifically designed for electric vehicles, but I am confident that it will change and a product for used electric vehicles will soon appear that is being sold as an add on whatever the factory warranty remains. A colleague working for a warranty company asked for help with their backward product. I answered as many of their inquiries as I could due to my experience in the auto industry, but had no idea what potential customers might want or expect. This is where you come in and how you can help shape a new product.

  1. What components do consumers care most about when considering an electric vehicle warranty extension?
  2. property length. How long do you see yourself owning a used electric car?
  3. Who is the used electric car market attracted to? The owner of the electric car for the first time or the owner of the electric car for the second time?
  4. Realistically, what would you spend on warranty when buying a used electric vehicle?

If you would like to add your opinion, answer these questions in the comments sections or send me an email. Your contact information will not be made available to anyone if you wish to send an email.

Answer your car related questions

hello lo,

I have a 2009 Toyota Venza 4WD with 172,000km. Some time ago, I started getting a “CHECK SRS WARNING” message on my dashboard. You notice that the message appears if the driver’s side door is open when the ignition is on or the vehicle is parked and ignited and the driver’s side door is open. If I close the door and turn the engine off and then start again, the message goes away and doesn’t come back.

I took it to my Toyota dealer and after spending $1200 – in labor they couldn’t find the problem and suggested trying to change the whole set of wires – for $1000 to $1100. No assurances that it will fix the problem.

Then I took the car to another standalone garage and they decided it was a sensor problem. The replacement will cost me $800-$1,000 for parts and labor. However, they suggested that it was not necessary to replace it. The airbags should operate normally, and I should avoid opening the driver’s door while the vehicle is running.

any suggestion?

Shah, ji

I have a real problem with any store telling a customer to live with an issue when it is clearly a safety issue. What happens when an accident occurs? Airbags ‘should work’ is not something I’m interested in finding out.

I also suspect the problem is with the sensor, since the light only lights up when the door is open. The front sensors are not sideways, which means the two front doors use the same part and the sensors have to be switched from side to side to see if the error code goes to the passenger door.

In my opinion, the dealer is right, the problem is the belt that goes from the A-pillar to the driver’s door. This belt becomes brittle with age and tires from years of opening and closing that door. Dealers do not want to take responsibility for airbag cord repair and will always recommend a full harness. Please go to another store and check this belt thoroughly and a broken cord is likely to be found. Fix it and move on with your life.

I’ve said this before, but it’s worth repeating. To all those living with the Supplemental Restriction System (SRS) Illuminated airbag warning lights on the instrument panel. When this light comes on for any reason, the computer tells you that an error has occurred. Air bags may not inflate in an accident. Ignoring this light puts you and your passengers at risk, please fix it.

hello lo,

I love your column! I am an active 63 year old retiree and will need a new car soon and unlike the latter, I have no idea what I will be getting. I have a 2013 Acura RDX I bought new in 2012. I love it. It has a length of 220,000 km and is in good condition. The Service Book is the bible for me, and I have taken care of the body as well. I live in a small remote community in the interior of British Columbia, so all I own are Ford, Honda, Toyota, Dodge and Subaru dealerships within 45 minutes. I get it in a detached garage in my city. I’m buying new even though the luxury brands are not an option because Kelowna is 5 hours away. I definitely want a hybrid because I need the range and the electrics aren’t there yet. Being stuck on a winter highway is not an option. If I could, I’d buy a Subaru hybrid Outback, but it doesn’t exist. Honda and Toyota have been very good to me. I also need the energy to get on our mountain roads and I always run into the snow packed on the rims for the winter. The SUV is a must, and my Acura’s size is perfect.

Any suggestions?

Tracy V

Thanks Tracy. Given that Hondas and Toyotas have been so good for you, why not stick with something you already know. The first idea that comes to my mind is the Toyota RAV4 Hybrid and the second is the new CR-V Hybrid. I put Toyota first because the RAV4 Hybrid has been around for a while, which leads me to believe that Toyota should have fixed most of the bugs by now. However, the Honda CR-V will be closer to home, as it’s similar in functionality and driveability to the RDX you already know and love.

Lou Trottier is the owner and operator of All About Imports in Mississauga. Do you have a question about maintenance and repair? email globedrive@globeandmail.comand put “Lou’s Garage” in the subject line.

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