Why is โWhat are you going to do when that battery goes bad?โ a stupid question? Grok says, "Battery Electric Vehicles (BEVs) experience significant depreciation over time, often more pronounced than internal combustion engine (ICE) vehicles due to factors like rapid technological advancements, battery degradation concerns, and market dynamics." ... "Resale values typically drop to 10-30% of the original MSRP after a decade, translating to $5,000-$15,000 for most models originally priced $30,000-$60,000."