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What is the value of a used electric car?

Posted by Seven Media on March 4, 2016
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Battery Health Report with Recurrent     

What is the value of a used electric car? Would you buy a used EV? What about the battery?

Or the other way around, how can you best treat your EV and keep your EV battery happy to maximize the resale value of your car?

Well, it all starts with gathering data. When I bought my first EV in February I immediately signed up with Recurrent, a NA startup in the battery data analytics area.

What does Recurrent do with your Battery Data?  

  • You can sign up for Recurrent for free. 
  • They get your vehicle data through the OEM (car maker) API –  in my case Ford.  
  • They track your battery data and send you a report every month.  
  • The report contains statistical information about your EV and battery and also compares your EV to other similar EVs on the market. 

 

Electric Range of the Mustang Mach-E  

The first part of the report provides insights into your current range depending on outside temperature and climate control use. The EPA certified range of my Mustang is 270 miles. As you can see there is a sweet spot around 79 deg F which is 26 deg C. For lower and higher temperatures, the range reduces mainly due to climate use but also due to battery cooling/heating and lower performance. 

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