RE: UK (finally) registers millionth electric vehicle
Discussion
Nomme de Plum said:
So basically when you bought your nearly new ICE you got an amazing deal £13K for a £24K car. That's over 40% discount.
Now imagine it had been an EV. Some posters here would have been ecstatic stating how EVs deprecated like a stone in a few months.
You sold when some dealers were buying back cars at silly prices and good luck to you for selling when you did.
We are now back to the real world.
With extras it was just under half price, like I say £27k all in. I sold it in a strong market but I do think what i sold it for was on the cheap side. At the time i saw a black equivalent on the market for £14,299, while that may have been an outlier I saw a few at £12,500+.Now imagine it had been an EV. Some posters here would have been ecstatic stating how EVs deprecated like a stone in a few months.
You sold when some dealers were buying back cars at silly prices and good luck to you for selling when you did.
We are now back to the real world.
The people that bought it turned it around in less than a week and i saw it advertised for £11,999+ £299 fee, or £649 fee if you used finance outside their lenders. maybe a week after that it had gone.
Ive got a DS9 now, similar job, 12 months del miles. That was £25k. I think I'll do ok on it but won't match the Fiat.
Nomme de Plum said:
May I ask who with as I like to shop around annually?
That's with Admiralthere were a few more insurers quoting around the same sort of price but none as cheap and some of the other quotes were from companies I've never heard of,
I got a few quotes for different EV's when I was car shopping and Admiral were either cheapest or nearly cheapest on all of them.
Nomme de Plum said:
Glenn63 said:
Correct, and a normal used ICE car may get the odd fairly cheap to fix mechanical issue, an electric out of warranty may lead to a new battery multiple times the cost of the car. People who already have less money don’t want to take that risk.
Cheap to fix. Are you having a laugh. I've rebuilt quite a few engines and changed clutches mainly because getting it done professionally is never cheap.Changing batteries multiple times. Sorry but you're talking from your rear end.
Hes correct.
500x said:
With extras it was just under half price, like I say £27k all in. I sold it in a strong market but I do think what i sold it for was on the cheap side. At the time i saw a black equivalent on the market for £14,299, while that may have been an outlier I saw a few at £12,500+.
The people that bought it turned it around in less than a week and i saw it advertised for £11,999+ £299 fee, or £649 fee if you used finance outside their lenders. maybe a week after that it had gone.
Ive got a DS9 now, similar job, 12 months del miles. That was £25k. I think I'll do ok on it but won't match the Fiat.
It's great that you got such a good deal on a nearly new car and your timing when you sold was also great but it is not where we are now.The people that bought it turned it around in less than a week and i saw it advertised for £11,999+ £299 fee, or £649 fee if you used finance outside their lenders. maybe a week after that it had gone.
Ive got a DS9 now, similar job, 12 months del miles. That was £25k. I think I'll do ok on it but won't match the Fiat.
I've not seen any other cars ICE or EV with deals quite like that.
timberman said:
That's with Admiral
there were a few more insurers quoting around the same sort of price but none as cheap and some of the other quotes were from companies I've never heard of,
I got a few quotes for different EV's when I was car shopping and Admiral were either cheapest or nearly cheapest on all of them.
Many thanks. I've used Admiral before. there were a few more insurers quoting around the same sort of price but none as cheap and some of the other quotes were from companies I've never heard of,
I got a few quotes for different EV's when I was car shopping and Admiral were either cheapest or nearly cheapest on all of them.
Maccmike8 said:
Hes not said changing the battery multiple times. He said the cost would be multiple x the value of the car.
Hes correct.
I did misunderstand but is he? How many EVs have complete battery pack replacement? Evidence would seem very few. I've got friends running 10 year old EVs and newer cars have improved batteries anyway. But even then why would a person use a main dealer. Hes correct.
It would be similar to buying a brand new engine from a dealer for an ICE of an ageing car. I suspect a BMW 3 series engine is £15- £20K+ fitted from BMW
Edited by Nomme de Plum on Monday 5th February 18:11
Edited by Nomme de Plum on Monday 5th February 18:12
Edited by Nomme de Plum on Monday 5th February 18:12
V 02 said:
Charlie_1 said:
Yawn!!!! bigger yawn to the predictable response
OK Boomer…Typical anti-woke boomer comment, why don’t you listen to Greta for once? Do you even care about climate change?
Nomme de Plum said:
It's great that you got such a good deal on a nearly new car and your timing when you sold was also great but it is not where we are now.
I've not seen any other cars ICE or EV with deals quite like that.
You'd be surprised whats out there if you arent too fussy and willing to go for a 3/4 star car rather than a 5.I've not seen any other cars ICE or EV with deals quite like that.
For example Peugeot E-2008 50kWh GT SUV 5dr Electric Auto I think lists at £39,900.
There's a 73reg advertised with 5 miles on the clock at Stellantis Wimbledon, in what I'd say is the best colour. On at £21,000 even before you've knocked em down. So as good as half price.
Generally go on autotrader, go back a year, sub 500 miles, set a price limit and see what pops up.
Looked at the zero percent finance on the Fiat 500e, but it’s still a 30 grand Fiat, even without any VAT I still couldn’t and I still wouldn’t. Bought a wee Pug 108 with next to no miles for 10 grand. Maybe I’m not the target market but I can’t see the value in current crop of EV’s, I do need a car but they are way out of my price range.
oldaudi said:
Apparently I need about £3ks worth of Distribution boards and new RCDs (whatever that is) before I can have a charger at home unless I want to charge via a 3 pin plug .Can’t be bothered with that
I find that very surprising and I live in a house with a pretty old electrical system.Connection into Meter connection point with new electrical isolator and RCD plus wiring to Ohme Pro Charger about £1K.
Either you have a very atypical situation or something is awry.
I got two quotes, I’ll try and find them in my old emails from a few years ago. pod something and then a sub contractor from EDF. I’ve got an old distribution board with no spare RCDs, I could have another put in the garage but then the labour from the garage to the box outside the house was where the over heads came in.
I’d love one for pottering around Bristol, local trips and the school run. Would make perfect sense. Perhaps I’ll need to ask for some more quotes as this was some time ago
I’d love one for pottering around Bristol, local trips and the school run. Would make perfect sense. Perhaps I’ll need to ask for some more quotes as this was some time ago
It's going to be a funny old year - it'd be fascinating to be a fly on the wall during the sales volume meetings between the manufacturers and their UK franchises. How they'll agree on targets and margin aspirations I have no idea. It's a complex old game balancing the levers they could use, when to pull them and by how much.
- Reduce ICE & hybrid volumes to restrict their sale?
- Increase ICE & hybrid prices to disincentivise their sale?
- Reduce EV prices to incentivise sales of those?
- Ignore it all and pay the fines (like Land Rover)?
- Carry some negative credit into the following year (only going to get harder to catch up)?
- Buy credit off competitors who've got EV sales to spare (painful choice to pay a competitor who's already in a better place than you)?
I think SMMT's projections for Diesel car sales are a bit on the high side - 6% market share for '24 and 4.9% '25. I reckon they'll be under 5% this year and under 4% next.
- Reduce ICE & hybrid volumes to restrict their sale?
- Increase ICE & hybrid prices to disincentivise their sale?
- Reduce EV prices to incentivise sales of those?
- Ignore it all and pay the fines (like Land Rover)?
- Carry some negative credit into the following year (only going to get harder to catch up)?
- Buy credit off competitors who've got EV sales to spare (painful choice to pay a competitor who's already in a better place than you)?
I think SMMT's projections for Diesel car sales are a bit on the high side - 6% market share for '24 and 4.9% '25. I reckon they'll be under 5% this year and under 4% next.
ZX10R NIN said:
I'm for EV's but there should be no subsidies, we are getting no option but to go down this road so there's no need to subsidise them, lets be honest this government & the next is going to need every penny they can get.
Correct.But removing subsidies would, highly likely, immediately lose 80% of ev sales, the 80/20 company/private split listed earlier.
Unless of course the Tesla/etron/etc ‘premium’ ev company buyers were prepared to pay the same monthly sum (unsubsidised) privately out of taxed income for an electric Astra or Kia.
Nomme de Plum said:
Maccmike8 said:
Hes not said changing the battery multiple times. He said the cost would be multiple x the value of the car.
Hes correct.
I did misunderstand but is he? How many EVs have complete battery pack replacement? Evidence would seem very few. I've got friends running 10 year old EVs and newer cars have improved batteries anyway. But even then why would a person use a main dealer. Hes correct.
It would be similar to buying a brand new engine from a dealer for an ICE of an ageing car. I suspect a BMW 3 series engine is £15- £20K+ fitted from BMW
Edited by Nomme de Plum on Monday 5th February 18:11
Edited by Nomme de Plum on Monday 5th February 18:12
Edited by Nomme de Plum on Monday 5th February 18:12
I’m not against EV’s, they’re good for a % of people, city driving, able to charge at home, can afford it etc but it’s not a solution for everyone.
Is anyone going to really stop for however long everyday on the way home from work for a top up charge if they can’t charge at home or work?
Charlie_1 said:
V 02 said:
Charlie_1 said:
Yawn!!!! bigger yawn to the predictable response
OK Boomer…Typical anti-woke boomer comment, why don’t you listen to Greta for once? Do you even care about climate change?
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