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My dad's a mechanic, most cars get junked at engine failure because it requires a ton of labor to rebuild an old engine. While there are a lot of parts, pulling an IC engine out for repare is not a cheap task.
Like battery tech tends to improve over time. It being both the major constraint with the cars and the most frequent large replaced part means there's a chance that when you do swap the batteries out your vehicle range increases beyond its original range. Imo thats a selling point.
I'm your new dad, the world has changed, and some idiot with a socket set and can-do attitude (hi) is 100% saving most of those junked cars. I've pulled motors with hand tools in gravel lots before and will likely get stuck doing it again. This is hell and the choices a lot of people face aren't about which new thing would be better to buy. There is absolutely no sub–$5k EV market and if you're clever and patient you can get a "junked" ICE car going for free
In the future, there will be more EV repair shops and aftermarket battery packs, but right now, these cars do not last as long as ICE on roads and that negates any green claims. Wrecker Tesla motors are cheap because there are so many of them.