Added to that, wait until all cars are electric, and they filter down the secondhand market.

The average price of a 10-year old car in the UK, as of Sept 2022, is £6100 - pretty much the same as a replacement battery pack, which will be due after 8-10 years.

That’s going to have quite an effect on 3rd owners of cars, who buy 8-10 year old cars, especially if they have the added costs of subscriptions to deal with.