Correct, but remember that in most properly cooled batteries, degradation is not substantial.
Based on some quick searching, a Tesla with 100,000 miles (many of which done DC fast charging, worse on the battery) retained 90% of its battery capacity and still goes over 200 miles on a single charge. (https://insideevs.com/reviews/573397/tesla-model-3-100k-batt...)
Most people do not need long range cars so this would still be worth it to buy and resell. Furthermore, as the price of new EVs drops, the battery price will also drop. The battery cannot be more expensive than the car's MSRP.
Based on some quick searching, a Tesla with 100,000 miles (many of which done DC fast charging, worse on the battery) retained 90% of its battery capacity and still goes over 200 miles on a single charge. (https://insideevs.com/reviews/573397/tesla-model-3-100k-batt...)
Most people do not need long range cars so this would still be worth it to buy and resell. Furthermore, as the price of new EVs drops, the battery price will also drop. The battery cannot be more expensive than the car's MSRP.