EV used prices (bottom of the market?)

EV used prices (bottom of the market?)

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Discussion

OutInTheShed

7,810 posts

27 months

Tuesday 30th April
quotequote all
LowTread said:
...

I take your point though. I don't get why first tesla had to be a saloon. Guessing american market perhaps?
Taxi market?
Early adopters who piled on the miles really helped establish the brand.

jonwm

2,534 posts

115 months

Tuesday 30th April
quotequote all
I've been looking at the Tesla Y's, some are close to £30k now, had a chat with a rental business and offered £25k for one of there's that has been sat for 6 months on a compound, 22 plate only done 11k miles, they wouldn't sell it to me though as not allowed to sell direct to the public.

T_S_M

738 posts

184 months

Tuesday 30th April
quotequote all
I've had my E-tron for 6 months now (bought at 2 years old, 28k miles for £26k on PCP). Current Webuyanycar value is £17k.

It's a hell of a lot of car for less than £20k considering the age, size and spec of it. Providing you can live with ~160-180 mile range on the 50 model its a bargain in my opinion.

I can see them being £12-13k for higher mileage ones in 12 months.

smn159

12,766 posts

218 months

Wednesday 1st May
quotequote all
sunnyb13 said:
VED savings will be non existent from next year
Yeah mine goes up from £0 to £20

Strocky

2,652 posts

114 months

Wednesday 1st May
quotequote all
smn159 said:
Yeah mine goes up from £0 to £20
Put up your justgiving page mate and we'll all dig deep

Mr E

21,713 posts

260 months

Wednesday 1st May
quotequote all
A used Tesla for 20k isn’t the bottom of the market.
A 10 year old leaf for ~3k is.

Trevor555 said:
They got stuck waiting at Rugby services for 1hr 40mins for a charger, whilst loads of free Tesla chargers.
Without being flippant, why didn’t they use the available Tesla chargers?

LowTread

4,372 posts

225 months

Thursday 2nd May
quotequote all
Mr E said:
A used Tesla for 20k isn’t the bottom of the market.
A 10 year old leaf for ~3k is.

Trevor555 said:
They got stuck waiting at Rugby services for 1hr 40mins for a charger, whilst loads of free Tesla chargers.
Without being flippant, why didn’t they use the available Tesla chargers?
Not all Tesla superchargers are open to non-Teslas

740EVTORQUES

454 posts

2 months

Thursday 2nd May
quotequote all
LowTread said:
Mr E said:
A used Tesla for 20k isn’t the bottom of the market.
A 10 year old leaf for ~3k is.

Trevor555 said:
They got stuck waiting at Rugby services for 1hr 40mins for a charger, whilst loads of free Tesla chargers.
Without being flippant, why didn’t they use the available Tesla chargers?
Not all Tesla superchargers are open to non-Teslas
Why would you wait nearly 2 hours for a charger rather than just drive on to the next one?

If the answer is ‘they had nearly run out’ than that’s your problem. The strategy with an EV on longer journeys is to top up when you can not wait till you absolutely have to, it’s a very different strategy to ICE and works much better. It’s actually faster overall but needs a different mindset.

This is as much a case of poor education as a fault of the car/ network,


Edited by 740EVTORQUES on Thursday 2nd May 06:59

Fusion777

2,250 posts

49 months

Thursday 2nd May
quotequote all
740EVTORQUES said:
Why would you wait nearly 2 hours for a charger rather than just drive on to the next one?

If the answer is ‘they had nearly run out’ than that’s your problem. The strategy with an EV on longer journeys is to top up when you can not wait till you absolutely have to, it’s a very different strategy to ICE and works much better. It’s actually faster overall but needs a different mindset.

This is as much a case of poor education as a fault of the car/ network,


Edited by 740EVTORQUES on Thursday 2nd May 06:59
I’m not anti-EV, but you can’t say refilling works better and faster than ICE.

740EVTORQUES

454 posts

2 months

Thursday 2nd May
quotequote all
Fusion777 said:
740EVTORQUES said:
Why would you wait nearly 2 hours for a charger rather than just drive on to the next one?

If the answer is ‘they had nearly run out’ than that’s your problem. The strategy with an EV on longer journeys is to top up when you can not wait till you absolutely have to, it’s a very different strategy to ICE and works much better. It’s actually faster overall but needs a different mindset.

This is as much a case of poor education as a fault of the car/ network,


Edited by 740EVTORQUES on Thursday 2nd May 06:59
I’m not anti-EV, but you can’t say refilling works better and faster than ICE.
I didn’t say that.

For most of the time yes, it works better in the EV as you charge at home cheaply overnight with almost no driver involvement.

Other times it requires a different approach as I described and with this the extra inconvenience is minimal, certainly that’s been my experience.

At some times of course it becomes a significant problem of course, but for most drivers those instances are rare and getting rarer, and can be reduced even now with better education.

LowTread

4,372 posts

225 months

Thursday 2nd May
quotequote all
Scotland trip last month in the Model 3 we stopped every 120-140 miles on the way there. Mostly because we were in holiday mode and stopping every 2 to 2.5 hrs felt about right, plus that was about as long my wife and kids could last between loo breaks.

That worked out to be about 50-60% of the battery, so we'd charge to 80-90% and then stop around 30% to charge up.

The longest we stopped was the final stop before the holiday cottage, where we wanted to top it up as much as possible, so had lunch and left the car to get up to 95% or so, which took about 40 mins in total from about 30%.

If there was a problem charging we'd have 50 miles or so to find another, which is more than enough of a margin.

While in scotland we plugged in overnight on a 3 pin, which added 20-30%. And used chargeplace scotland, or the Fort William superchargers, while out and about.

It really wasn't hard. Just requires a different mindset, and a willingness to stop for proper breaks.

On the way back we did 185 miles (3.5 hrs) in one hit just to get home, but that was ok because hitting home on 0-5% was fine because we could just plug in.

If i was a sales rep spending all day on the road i'd definitely be in a Skoda Superb diesel (or similar) with an 800 mile range though. I'd just want to get from A to B to C as quickly as possible.

ChocolateFrog

25,632 posts

174 months

Thursday 2nd May
quotequote all
98elise said:
Truckosaurus said:
Wills2 said:
It's not an asset class, there is no bottom of the market, just like a Mondeo they will keep dropping as they age and get superseded by newer models.

Indeed. It wasn't that long ago that a 10 year old run of the mill mid-sized ICE (eg. Mondeos, 3-series, Volvo, etc) with 100k+ miles on it was only worth a Grand or so. I can't see that EVs will be any different.

Cheap Supermini sized EVs will surely find a niche from city dwellers who can live with public charging as a charge will last a few weeks.
They will likely bottom out higher than an ICE though. The value of a second hand battery is quite high despite people telling you scrap yards are full of unwanted batteries waiting to be put into land fill.

A used tesla module will cost you about £800 (last time I looked)
In reality I don't think people will.be changing batteries any more often than they change engines so for the vast, vast majority it'll just be one of those worst case scenarios where they scrap the car if occurs.

In the meantime, virtually no servicing costs (in relatively none for the vast majority running an old cheap car), 10x cheaper running costs and all the usual benefits of an EV like lower NVH and better performance.

I'd be surprised if they don't settle a little above an equivalent ICE car.



ChocolateFrog

25,632 posts

174 months

Thursday 2nd May
quotequote all
Fusion777 said:
740EVTORQUES said:
Why would you wait nearly 2 hours for a charger rather than just drive on to the next one?

If the answer is ‘they had nearly run out’ than that’s your problem. The strategy with an EV on longer journeys is to top up when you can not wait till you absolutely have to, it’s a very different strategy to ICE and works much better. It’s actually faster overall but needs a different mindset.

This is as much a case of poor education as a fault of the car/ network,


Edited by 740EVTORQUES on Thursday 2nd May 06:59
I’m not anti-EV, but you can’t say refilling works better and faster than ICE.
For the last 4000 miles of mine I can.

Literally 5-10s each evening is a lot quicker and more convenient than a once a week fill up.

smn159

12,766 posts

218 months

Thursday 2nd May
quotequote all
Strocky said:
smn159 said:
Yeah mine goes up from £0 to £20
Put up your justgiving page mate and we'll all dig deep
hehe

LowTread

4,372 posts

225 months

Thursday 2nd May
quotequote all
Just came back from the school run in my Model 3. Car on 50% at the mo.

Mulling over finishing work a bit early and heading over to a forest for some mountain biking later today.

Plugged in and Octopus is charging at 7.5p/kwh up until 11am, which will add enough to make the journey over there and back comfortably within range with a bike strapped to the back.

More convenient than making a detour and stopping at a garage.

raspy

1,532 posts

95 months

Thursday 2nd May
quotequote all
All those EVs coming off 3 year leases this year, plus more chinese EVs entering UK market, means used prices will continue to soften, imho. Good deals I think in the 2nd half of this year.

LowTread

4,372 posts

225 months

Thursday 2nd May
quotequote all
IMO Model 3 LR are an absolute bargain at sub-£20k.

At 4 yrs old and 60k miles they've still got 4 yrs and 60k left on the drivetrain warranty.

2.5p/mile to "fuel" on overnight tarriff (equivalent to 300mpg)
400+bhp
4WD

Amazing 14 speaker stereo (best audio i've had in a car)
Big boot(s) ok not a hatch, but good
Loads of legroom for big kids in the back
Heated seats front and rear
Netflix/youtube/etc to keep kids entertained when parked
Lots of other toys to keep them happy

I honestly can't think of a better family/daily car for sub-£20k right now.

T_S_M

738 posts

184 months

Thursday 2nd May
quotequote all
LowTread said:
IMO Model 3 LR are an absolute bargain at sub-£20k.

At 4 yrs old and 60k miles they've still got 4 yrs and 60k left on the drivetrain warranty.

2.5p/mile to "fuel" on overnight tarriff (equivalent to 300mpg)
400+bhp
4WD

Amazing 14 speaker stereo (best audio i've had in a car)
Big boot(s) ok not a hatch, but good
Loads of legroom for big kids in the back
Heated seats front and rear
Netflix/youtube/etc to keep kids entertained when parked
Lots of other toys to keep them happy

I honestly can't think of a better family/daily car for sub-£20k right now.
I'd imagine they do, but do the rear seats fold down?

I'm starting to consider a used M3 Performance to replace my E-tron but think I might miss the big boot/practicality.

LowTread

4,372 posts

225 months

Thursday 2nd May
quotequote all
T_S_M said:
LowTread said:
IMO Model 3 LR are an absolute bargain at sub-£20k.

At 4 yrs old and 60k miles they've still got 4 yrs and 60k left on the drivetrain warranty.

2.5p/mile to "fuel" on overnight tarriff (equivalent to 300mpg)
400+bhp
4WD

Amazing 14 speaker stereo (best audio i've had in a car)
Big boot(s) ok not a hatch, but good
Loads of legroom for big kids in the back
Heated seats front and rear
Netflix/youtube/etc to keep kids entertained when parked
Lots of other toys to keep them happy

I honestly can't think of a better family/daily car for sub-£20k right now.
I'd imagine they do, but do the rear seats fold down?

I'm starting to consider a used M3 Performance to replace my E-tron but think I might miss the big boot/practicality.
Yes

See last page on my readers cars thread
https://www.pistonheads.com/gassing/topic.asp?h=0&...

Get a bike in mine easily.

And if you get one with a towbar (factory fit only) then can obvs carry bikes on the back.

Roof bars can be fitted but they're Tesla only ones and some are wary of how they fit around the glass roof. Need careful fitting.

Edited by LowTread on Thursday 2nd May 11:01

smn159

12,766 posts

218 months

Thursday 2nd May
quotequote all
raspy said:
All those EVs coming off 3 year leases this year, plus more chinese EVs entering UK market, means used prices will continue to soften, imho. Good deals I think in the 2nd half of this year.
I just bought a Model S for under £15k. Everything works and 220 miles on a full charge. It's a lot of car for the money