That's more than the car is worth.
Before we all have no choice but to switch to all-electric cars, some are making a small effort to reduce their environmental impact by purchasing hybrid vehicles. But not everybody has the financial fluidity to buy a brand new hybrid, and unfortunately, relatively new technology can be expensive to repair or replace. This is something that Ranjit Singh, a 63-year-old man from the UK, has learned the hard way after purchasing an eight-year-old Mercedes-Benz E-Class Wagon. He chose a hybrid model, but it seems to have been the wrong call, as its battery has now failed. Failures are to be expected on used cars, but nobody is expecting a failure to cost more than the car is worth. Sadly for Mr. Singh, that's the problem he now faces.
As reported by LeicestershireLive, Mr. Singh was quoted £15,000 (approximately $20,135) for a replacement battery, and that excluded labor costs. This came after he originally purchased the car for £27,000 (around $36,200) with 49,000 miles on the clock. That was four years ago, and the car has been performing brilliantly until this year when the eight-year-old automobile's battery failed.
Speaking with the local publication, Mr. Singh said, "I have always been a Mercedes customer and loved the cars they produce and we bought the car for its reliability. I'm horrified by what has happened. I feel I now have just two options - scrap the eight-year-old car or spend more than it is worth. We checked on Auto Trader, and it says the car value now stands at just £12,850 (roughly $17,249)."
Mr. Singh says that he has taken the car to a hybrid specialist, who coincidentally had a similar model with the same issue. Mr. Singh says that they have looked at Mercedes-Benz forums and found that it is a common issue, but unfortunately, Mercedes seems to have no interest in doing more than drawing attention to the battery certificate each buyer receives on purchasing a used hybrid vehicle. A spokesperson told LeicestershireLive that the vehicle was covered by its standard three-year/unlimited-mileage warranty when new in 2014 and mentioned that numerous factors can contribute to its degradation. It's a sad outcome, but it just goes to show that even when purchasing directly from the manufacturing dealer, there are no guarantees on the used market. Hopefully, Merc's newer models will prove to be more reliable.