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Buyers can check the expected range, battery and tax credit eligibility on tens of thousands of used EVs for free on Recurrent’s site. These Recurrent Reports take a few vehicle-specific data points to compare one car to thousands of similar cars. You can see examples on Edmunds, Cars.com or lots of other dealership sites. Participating dealerships (aka how Recurrent makes money) can take additional steps with Range Verification to score trade-ins or give their customers even more transparency when buying a used EV.
Drivers can connect their car for daily Vehicle Insights on range and vehicle performance, along with tips on how to maintain their EV and its battery. This community includes 20,000+ active vehicles of 60+ makes and models in all 50 states. These vehicles have logged more than 400M miles on the platform. Note: Individual battery data helps to train range degradation models for other EV owners, but is always aggregated to protect owner privacy. Additionally, sensitive vehicle information, like location data, is never collected or stored by Recurrent.
Sellers use their Recurrent info to turn around and sell their car for more because they can show that the range and battery are in good shape – one independent study found that value increased by $1,400. This creates an exciting network where everyone wins: the individual owner makes more money, the dealerships pay Recurrent an introduction fee to top-quality cars (so Recurrent can keep products free for consumers) and the dealerships get a great car.
Yes, Recurrent is free for individual drivers. We make money by allowing car dealerships and wholesale auctions to run bulk reports as they buy and sell used cars.
We’ve found that when people ask about battery health, what they really care about is the range that a car can get. Battery health has become a subjective concept that is open to interpretation, whereas range is something that everyone can understand. Recurrent’s tools show expected max range today, how it fluctuates in different conditions, and how it will change over 3 years.
Around 25,000 EV owners connect to the Recurrent platform to monitor their range and performance over time. They cover all 50 states and about 65 different makes and models. Here’s a team member’s Model Y as an example of a connected vehicle.
Recurrent also expands coverage and volume by collecting data points from dealership partners and wholesale auctions when cars are sold. It’s worth mentioning that we got a grant from the National Science Foundation to put devices in some vehicles to verify our connected vehicle data.
Our confidence levels are highest for vehicles that are or have been connected to Recurrent. We also have high confidence levels for popular models with thousands of connected vehicles and a variety of model years, such as the Model S, Model 3, and LEAF. Since we have been able to study these vehicles over time, we have a lot of confidence in how range degrades.
Having reliable degradation models for different cars allows us to look at one vehicle and compare its VIN-level metrics to the tens of thousands of vehicles that we’ve closely analyzed. For example, a dealership may acquire a 2020 Tesla Model 3 on trade in. We can compare that Model 3 – including odometer, battery configuration, dashboard range estimates, location, and some basic aspects of its history – to thousands of other Model 3 vehicles with similar attributes, including older model years. That allows us to generate expectations that we can share with shoppers about the vehicle today and how it will age.
Recurrent Reports do not replace a test drive. It’s better to think about Recurrent as a resource that prepares shoppers for the test drive, price negotiation and ownership, and sets expectations about real world range.
Some of the qualifications for used EV tax credits are easier to analyze. For example, the cost of the vehicle, model year, whether the car is for sale at a dealership that is registered with the IRS. The more complicated component is whether it has had a qualified sale since August 2022. We look at registration and sale records to make a best guess for our free tax credit lookup. We always recommend that a shopper confirms eligibility with a dealer, who should be able to tell them immediately at the point of sale.
