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How much value would a new drive battery add to our Mitsubishi Outlander PHEV?

We have a 2015 Mitsubishi Outlander PHEV that's done 98,000 miles. Our local Mitsubishi dealer has confirmed that the drive battery is below 70% and we've just heard that they will replace it under warranty. I've just had a valuation of £7500 for a trade-in as the condition is only fair. I realise that the value offered will vary considerably depending on the dealer's situation, but I was wondering roughly how much a new drive battery will add to the value of the car for trade-in?

Asked on 22 March 2023 by YorkshireJumbo

Answered by David Ross
It's good news that the dealer has agreed to replace the battery under warranty, as this would be an expensive replacement if you were paying for it yourself.

It's difficult to assess what this would add in value as far as a trade-in goes, but given the cost of the work could easily be in excess of £3000 we would expect at least some of this to be reflected in the trade-in value. If you want to get the maximum value for this repair we would suggest selling privately, as including the fact that the car has a new drive battery would be very attractive to anyone looking to purchase a used Mitsubishi Outlander PHEV.
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