Secondhand car price crash? (Vol. 2)

[RayDonovan]

ChrisH72 said:

I'm not done with ICE yet buy its encouraging to think that used EVs should be easily affordable when the time comes.

I'd be interested to know more about potential savings but it doesn't seem easy to work out. You knew where you were with MPG. How much would it cost to charge that Mokka? Would you expect to get 200 miles?

Usable battery on that model is 46.3kWh.
Based on a 7.5p kWh tariff, it would cost £3.47 to 'fill'

WLTP is 252miles, but in reality, around 175 or so (depends on driving style like any car) so about 2p a mile to run based off that.

[Deep Thought]

Sheepshanks said:

When they came out of uni I bought my kids brand new "runabouts" for £7K. Doesn't seem many years ago.

You can buy a brand ICE car for £11995. Probably not wildy far away from your £7K once inflation is factored in.

https://www.autotrader.co.uk/car-details/202112170...

[ChrisH72]

RayDonovan said:

ChrisH72 said:

I'm not done with ICE yet buy its encouraging to think that used EVs should be easily affordable when the time comes.

I'd be interested to know more about potential savings but it doesn't seem easy to work out. You knew where you were with MPG. How much would it cost to charge that Mokka? Would you expect to get 200 miles?

Usable battery on that model is 46.3kWh.
Based on a 7.5p kWh tariff, it would cost £3.47 to 'fill'

WLTP is 252miles, but in reality, around 175 or so (depends on driving style like any car) so about 2p a mile to run based off that.

Not bad. On my usage that's under 100 quid a year compared with 600 quid petrol.

[Fast Bug]

That depends on your tariff and being able to charge from home though. If you're using public charging points it's a lot more money. I've no home charging, and had to use public chargers and it worked out on a par with petrol for the week I had an EV

[av185]

Toyota just released 2024 GR Yaris prices.

Customers selected by ballot.

£44250 manual

£45750 auto

£60000 Ogier Edition

£60000 Rovenpera Edition


Price increases of the new model should prop up used values nicely.

[Miocene]

Auto810graphy said:

Will be ex Motability, there are and still are lots around.

We did really well with the first E-Corsa Ultimates, paying £13-14k last year and putting them straight up for just under £20k and selling them in days. Main dealers were still asking £28k for demos. Problem now is trade values gone up and retails gone down.

You get a free home charge point installed with motability, so it's a very popular option.

An Enyaq estate can be had on Motability from zero upfront. Plus you get a £750 new car grant if you've not had one before. So that's £10,250 over 3yrs to have a new Enyaq, fully insured with a home charge point installed. Cheap as chips.

[Deep Thought]

av185 said:

Toyota just released 2024 GR Yaris prices.

Customers selected by ballot.

£44250 manual

£45750 auto

£60000 Ogier Edition

£60000 Rovenpera Edition


Price increases of the new model should prop up used values nicely.

Indeed

Bearing in mind "Joe Public" cant even go and order one. You have to be a GR Yaris owner OR had registered for one before May 2022.

A low miles 2021 car suddenly looks like a bit of a bargain at around £30K...

https://www.autotrader.co.uk/car-details/202401135...

Throttle Body will be spinning in his Pistonheads grave.

Edited by Deep Thought on Tuesday 26th March 16:23

[av185]

said:

Yep DT and it will be interesting seeing which is the most popular the manual or auto.

Reckon on the manual being the one to keep.

[Sheepshanks]

ChrisH72 said:

Not bad. On my usage that's under 100 quid a year compared with 600 quid petrol.

Been slightly more cautious with my calcs - daughter is spending £250/mth on petrol doing a 60 mile round trip commute 5, and often, 6, days per week. and I reckon that should be under £50/mth with an EV.

So a cheapish EV should near enough pay for itself.

[macron]

BlackTank said:

This is wild - if my use case needed a runabout, the price crash on these almost new electric Vauxhalls make them a compelling choice.

I took a quick look and a 2023 with delivery miles for £17,999. Cheap to run and I assume cheap to insure, 5 seats, heated seats and steering wheel, matrix LED headlights, 10 inch nav, 360 reverse camera and all the safety kit. I don't care if people don't want to call it a crash but I don't remember deals like this before.

I really wouldn't do that!

[ChrisH72]

I wouldn't consider an EV if I couldn't charge at home. And at the moment I'm happy to pay for petrol as its not that much and for me, the car is more than just a means of transport.

Is insurance just a problem with the Chinese brands?

I ran a few quotes and found that the Vauxhall and also an Abarth 500e were about the same as my Fiesta ST. A BYD Atto was a bit more expensive but still only 500 quid.

[Auto810graphy]

ACCYSTAN said:

Sheepshanks said:

For sale at an indie dealer, a year old with 300 miles and one key - what's likely to be the story there?

Unrecorded damage repairable

What makes you say that?

[OutInTheShed]

Auto810graphy said:

ACCYSTAN said:

Sheepshanks said:

For sale at an indie dealer, a year old with 300 miles and one key - what's likely to be the story there?

Unrecorded damage repairable

What makes you say that?

Repo man only got one key cut would be my guess....

[Auto810graphy]

OutInTheShed said:

Auto810graphy said:

ACCYSTAN said:

Sheepshanks said:

For sale at an indie dealer, a year old with 300 miles and one key - what's likely to be the story there?

Unrecorded damage repairable

What makes you say that?

Repo man only got one key cut would be my guess....

Again, someone who has no idea what they are talking about.

As mentioned, the car is ex Motability so it is very unlikely to be a repo, just someone ordered it, realised it was not for them and changed to something else.

There are lots of EV’s available for the trade to buy from Motabilty, some with delivery mileage, trouble is pricing becomes a rush to the bottom and the Mokka is not a very practical car as the Corsa feels bigger inside.

[macron]

More one for the EV thread maybe but as we're talking about them, 81k on this Corsa e, battery warranted, but toast, would love to know what happened here! That's a lot of time plugged in!!!

http://www.autotrader.co.uk/car-details/2024031876...

[ChrisH72]

Why is it that some EVs are ridiculously cheap whereas others aren't?

I had expected it to be the Chinese brands that were cheapest but far from it. If they're wanting to muscle in on the UK market surely they'll have to do better?

I searched for the cheapest 2023 EVs and found some surprising results. Leaving out things like the AMI and Twizzy as they're not actually cars I found.

Fiat 500e with delivery miles at £13.5k which is half rrp.

Nearly new Nissan leaf is about £14k. Quite a bit cheaper than an MG4.

Kona electric for under £17k. A BYD Atto3 would be £27k

Then there's the Corsa which is £14k compared to a GWM Ora funky cat at £19k. That one does surprise me as the Ora is one of the cheapest lease cars around.

I know the Fiat 500 is low range and base spec but as an urban runabout its pretty tempting.


http://www.autotrader.co.uk/car-details/2024020462...

[bennno]

ChrisH72 said:

Why is it that some EVs are ridiculously cheap whereas others aren't?

I had expected it to be the Chinese brands that were cheapest but far from it. If they're wanting to muscle in on the UK market surely they'll have to do better?

I searched for the cheapest 2023 EVs and found some surprising results. Leaving out things like the AMI and Twizzy as they're not actually cars I found.

Fiat 500e with delivery miles at £13.5k which is half rrp.

Nearly new Nissan leaf is about £14k. Quite a bit cheaper than an MG4.

Kona electric for under £17k. A BYD Atto3 would be £27k

Then there's the Corsa which is £14k compared to a GWM Ora funky cat at £19k. That one does surprise me as the Ora is one of the cheapest lease cars around.

I know the Fiat 500 is low range and base spec but as an urban runabout its pretty tempting.

http://www.autotrader.co.uk/car-details/2024020462...

Some of the fiats have a tiny battery, you’d not want to buy anything but the 42kwh version.

At auction 72 plate 5-10k mile fiats are 11-12k ish.

Biggest bargain is the Citroen ec4 shine+ - all the toys, half decent car, so cheap.

[ChrisH72]

bennno said:

Some of the fiats have a tiny battery, you’d not want to buy anything but the 42kwh version.

At auction 72 plate 5-10k mile fiats are 11-12k ish.

Biggest bargain is the Citroen ec4 shine+ - all the toys, half decent car, so cheap.

Small battery cars are okay for those who just do short local journeys. I know lots of people who do under 100 miles a week, myself included.

That Citroën looks pretty good too.

Again, it's European. I know BYD have only just arrived but I think they have their work cut out. I've never seen the Dolphin in the flesh but I think it looks pretty dull. It's £25k and that seems to be with a couple of grand discount. I'm afraid that's too much if you can go out and buy a year old Corsa fir over £10k less. Even though its a Vauxhall I'm sure lots of people see it as an established brand and a safer bet.

[Scottie - NW]

av185 said:

Toyota just released 2024 GR Yaris prices.

Customers selected by ballot.

£44250 manual

£45750 auto

£60000 Ogier Edition

£60000 Rovenpera Edition


Price increases of the new model should prop up used values nicely.

£44250 manual

£45750 auto

Do you please happen to recall what the previous prices where for these? Have they gone up more than inflation?

[ChrisH72]

Scottie - NW said:

av185 said:

Toyota just released 2024 GR Yaris prices.

Customers selected by ballot.

£44250 manual

£45750 auto

£60000 Ogier Edition

£60000 Rovenpera Edition


Price increases of the new model should prop up used values nicely.

£44250 manual

£45750 auto

Do you please happen to recall what the previous prices where for these? Have they gone up more than inflation?

I seem to remember £29995 and being sold with 0% finance?