Crash Tested but Not Flawless: The Actual Value of Electric Cars After An Accident

You approach a curve and discover a shunt; your futuristic EV looks significantly less than leftovers from last week. This is a dreadful situation. The shocking fact is that the electric vehicle market has enough cash for damaged cars, so your post crash issue is not as severe as it first seems before you picture your electric pride and joy rotting in a wrecker’s yard.

Just why? It starts on within. EVs are equipped with very useful components even after an accident. The lithium-ion battery alone itself may tip the scales for about $4,000 used depending on size and condition. Many times, technology including inverters, drive motors, onboard chargers, and infotainment systems survives even if the panels are crumpled and the airbags have blown. Smart recyclers and part merchants are ready to save these jewels.

Buyers these days are looking for more than just engines. Massively searched are motor control modules, regenerative braking systems, even heat pumps. Among enthusiasts and specialist garages especially, Hyundai Ioniq, Tesla Model 3, Nissan Leaf have a great aftermarket. As supply chains catch up, good secondhand electric parts usually command a premium over their internal combustion equivalents.

Then there is the green angle. Australia is pursuing battery recycling technologies, so big batteries in your car suddenly have great worth. Companies in Victoria and New South Wales are handling precious metals as well as metal batteries like lithium, cobalt, and nickel. Whether sold whole or in bits, the broken battery of your EV can be more valuable than that of a completely wrecked gasoline engine.

And never forget the law as well. Safety precautions for handling high voltage systems guarantee that licensed vehicle removal companies are first choice especially since some governments now impose fines for improper disposal. Certified to handle electric car components, honest purchasers will offer you a thorough analysis of how they eliminate and recycle the hazardous parts.

Even the shell the metal bodywork, glass, and tires offers more value in the contemporary context of recycling frenzy.

The final game? Let someone sell you the blues from the trash yard. True, an EV crash hurts, but all that metal and circuitry symbolizes money and life. Get comments from several automobile removers. Specifically discuss the electronics and battery pack. The numbers you come upon could surprise you.

A damaged bonnet does not equal financial disaster especially in the fast expanding Aussie EV industry. Whether you’re an early adopter or just unlucky, keep in mind: the charge lasts long after the crash.