A long line of cars awaits you at the gas station. You instantly notice a row of many open electric vehicle charging stations. You decide that an electric car will be your next ride, and you're not the only one who feels this way.
Research shows that the electric vehicle (EV) market doubled its size in 2021 due to EVs' eco-friendliness. These cars can also save you thousands of dollars in gas costs.
You may wonder, "How much does an electric car battery replacement cost?" Is the cost to replace an electric car battery worth it? Let's explore the cost of replacing an EV battery so you can confidently budget for your EV battery replacement cost.
Which Electric Car Is Best to Buy?
What are the best-selling electric vehicles? Today's most popular EV is the Chevrolet Bolt, which will cost less than $30,000 in 2023 and can go nearly 260 miles without being charged. Other popular options include the following:
- Nissan Leaf (2024: $29,235 and 215-mile range)
- Mini Cooper SE (2024: $30,895 and 110-mile range)
- Tesla Model 3 (2003: $41,880 and 315-mile range)
- Hyundai Ioniq 6 (2024: $43,000 and 361-mile range)
The best places to buy electric cars include websites like eBay Motors and Craiglist. Other popular sites include Facebook Marketplace.
Consider shopping for a new EV at NewCar or AutoTrader. You may also find EVs at online car auctions.
Suppose you're looking for a convertible EV. The best future convertible electric car options include the Tesla Roadster (2026) for $200,000. Another high-end option coming in 2024 is the Maserati MC20 Folgore with a cost of over $200,000.
Electric Vehicle Car Battery Replacement
Electric vehicle battery costs are anticipated to drop as battery technology rapidly changes. This is excellent news for car buyers interested in EV ownership.
Electric vehicle battery packs have automaker extended warranties lasting 100,000 miles or eight years. These batteries are designed to outlast cars, so you'll likely sell your electric vehicle before the battery needs replacing.
You should be prepared to replace your EV battery at some point if you plan to keep your vehicle for as long as possible. Let's examine an electric car battery's cost of replacement.
EV Battery Replacement Cost: Manufacturers
The average cost to replace a car battery depends on your model and make. Your price may range from $2,500 to $20,000 if your vehicle is no longer warrantied. The battery will be free for a car under warranty with a leading car brand.
Hybrid vehicles' batteries are relatively inexpensive to replace ($2,700) since they're relatively small. An example of a hybrid car is a Toyota Prius. A heavy battery pack in a Tesla S model or Ford Lightning pickup (F-150) is more expensive ($20,000).
Manufacturers' EV battery costs may drop drastically between 2023 and 2025, reaching a low of about $160 a kilowatt hour in 2025 compared with several hundred dollars a kilowatt hour in 2023. That's because more people are expected to buy EVs, which will reduce the prices of electric vehicles' components.
More electric vehicle manufacturers are also choosing solid-state batteries over traditional lithium-ion batteries. Solid-state options are less costly and last longer. They can also take drivers more than 500 miles when charged.
Electric Car Battery Replacement Cost
How much is a replacement electric car battery available through a third party? An EV replacement battery through companies like evsenhanced.com, eBay, and hybrid2go may cost less than one through a manufacturer.
A Chevy Bolt's battery through a manufacturer may cost $16,000, and you might pay over $13,000 for a BMW i3 battery. Replacement batteries for these vehicles may cost slightly more than $2,000 on eBay.
Value of Cost to Replace Electric Car Battery
Every EV battery should last for 60,000 miles, with many lasting 120,000 miles. Even eight-year-old batteries that have gone around 100,000 miles may still have nearly three-fourths of their capacity.
Most EVs with extended warranties could last for 15 years or more. Remember that batteries will likely last even longer and become lighter, smaller, and cheaper as technology progresses. This makes EV batteries worth the price.
Cost to Replace EV Battery and Charge It
How much does it cost to charge an electric battery you've replaced for several thousand dollars? Your charging costs will depend on your location.
Rapid-charging terminals are often available at interstate service stations. These terminals will give your battery an 80% charge in no more than 40 minutes. They may cost you over $23 for a 90-mile charge in 30 minutes.
You can also use a free charging station through companies like Volta, Electrify America, Tesla, and Ford. Free stations may take longer than rapid-charging ones.
A Volta terminal may give you a 25-mile charge in one hour. A Ford public charging station may give you a 54-mile charge in only 10 minutes.
Auto Transport for EVs
Let's say you've found an electric vehicle online and want to buy it. Use a provider of auto transport for electric cars to ship the vehicle to your home.
A shipping service eliminates the need to rent a car or fly to pick up your new electric vehicle, saving you time, energy, and travel costs. You can also avoid racking up miles on your car.
Use a car shipping calculator to determine your vehicle transport costs. Your cost will be higher if you ship your vehicle over 1,300 miles. You'll save money if you're sending it only 500 miles.
Expect to pay between $600 and $900 if you want to ship a car to another state under 500 miles away. Your cost may be between $1,300 and $1,800 if you need to send your vehicle more than 2,500 miles. This is considered cross-country car shipping.
How We Can Help You Ship Your Car
Car battery replacement may be necessary if you plan to keep your vehicle for as long as possible. Your EV battery replacement cost may be around $2,000 for a Toyota Prius hybrid car. The electric car battery replacement cost may be $20,000 for a Tesla vehicle.
You can save on the cost to replace an electric car battery by shopping for replacement vehicles on eBay. The cost to replace an EV battery will likely decrease as EV battery prices drop in the next few years.
Nexus Auto Transport can help ship your new electric vehicle. Request a free quote!