Tesla and Uber Unlikely to Survive...

[RobDickinson]

Dave Hedgehog said:

how dare you imply electric jesus tells pork pies !!!!

Edited by Dave Hedgehog on Thursday 12th September 13:04

Ah are we talking lies again?

[RobDickinson]

Heres Johnny said:

Tesla owners also rated the cars the most unreliable and by a long long way

https://www.businessinsider.com/survey-uk-drivers-...

I've no problem with a balanced argument - there is just very little on here.

Yet just came 4th on a UK reliability survey..

[Smiljan]

RobDickinson said:

Ah are we talking lies again?

Amazing isn't it that even our most ardent Tesla fan puts them in the same cheating boat as VW. Both as bad as each other it seems.

[SWoll]

RobDickinson said:

Smiljan said:

It's the cost I'm assuming, plenty of 20 somethings can find £1k for latest phone. Finding £40k for a base Model 3 is a little more difficult. Not saying there aren't any but on average I'd expect the UK buyer ages to be similar.

Plenty of posts on reddit with 20 somethings buying a model 3, first car etc n how the fk do they afford them?

Single, OK salary, minimal outgoings and they can get in an SR+ for £350-400 a month and save the best part of half of that not putting petrol in their hot hatches doing average mileage. Overall seems pretty achievable to me?

[Smiljan]

SWoll said:

RobDickinson said:

Smiljan said:

It's the cost I'm assuming, plenty of 20 somethings can find £1k for latest phone. Finding £40k for a base Model 3 is a little more difficult. Not saying there aren't any but on average I'd expect the UK buyer ages to be similar.

Plenty of posts on reddit with 20 somethings buying a model 3, first car etc n how the fk do they afford them?

Single, OK salary, minimal outgoings and they can get in an SR+ for £350-400 a month and save the best part of half of that not putting petrol in their hot hatches doing average mileage. Overall seems pretty achievable to me?

Or in other words the same as a mortgage on a small house or apartment in many parts of the UK. Still have to pay VED @ £30 a month and electricity at roughly £100 a month on top of that £400.

The savings only really pile up if you do mega miles and that normally isn't economical if you lease.

As for buying, £400 a month won't buy you a £40k car.

Edited by Smiljan on Thursday 12th September 20:09

[anonymous-user]

Whatcar reliability rankings out last week! Will be interesting to see CR’s next report.

Brand Reliability Rating

Lexus 99.3%
Toyota 97.7%
Suzuki 97.3%
Tesla 96.9%
Subaru 96.6%
Kia 96.3%
Hyundai 95.7%
Mini 95.4%
Skoda 95.2%
Honda 94.9%

[SWoll]

Smiljan said:

SWoll said:

RobDickinson said:

Smiljan said:

It's the cost I'm assuming, plenty of 20 somethings can find £1k for latest phone. Finding £40k for a base Model 3 is a little more difficult. Not saying there aren't any but on average I'd expect the UK buyer ages to be similar.

Plenty of posts on reddit with 20 somethings buying a model 3, first car etc n how the fk do they afford them?

Single, OK salary, minimal outgoings and they can get in an SR+ for £350-400 a month and save the best part of half of that not putting petrol in their hot hatches doing average mileage. Overall seems pretty achievable to me?

Or in other words the same as a mortgage on a small house or apartment in many parts of the UK. Still have to pay VED @ £30 a month and electricity at roughly £100 a month on top of that £400.

The savings only really pile up if you do mega miles and that normally isn't economical if you lease.

As for buying, £400 a month won't buy you a £40k car.

Edited by Smiljan on Thursday 12th September 20:09

No VED on a lease, included in the cost.

10k miles a year at 30MPG would cost you £150+ in fuel a month, hardly mega miles at less than 200 a week.

A full home charge on an SR+ will cost about £8.50 on a decent electric tariff so more like £35 a month.

And they aren't finding £1k for the latest phone, they're paying £70+ a month on a contract.

Edited by SWoll on Thursday 12th September 20:22

[Smiljan]

I'd love to lease a model 3 with 10000 miles for £350 a month. Ones I've seen on Personal lease are nearer to £500 a month.

[SWoll]

Smiljan said:

I'd love to lease a model 3 with 10000 miles for £350 a month.

They'll lease at 5k for about £400 and take their chances on the excess mileage.

I'm not advocating this method, just being realistic about how it works based on plenty of evidence.

[Smiljan]

Maybe you're right, they probably don't include downpayment as part of the monthly either.

If you go to the Tesla UK site their lease deal is £531 a month all in for 10k miles a year. Add to that your very conservative charging cost of £30 a month and you're up to £561 a month already.

I remember how much I spent on cars when I was in my 20's so I'm glad these things weren't around then, I'd probably have been one of the muppets leasing one

[SWoll]

Smiljan said:

Maybe you're right, they probably don't include downpayment as part of the monthly either.

If you go to the Tesla UK site their lease deal is £531 a month all in for 10k miles a year. Add to that your very conservative charging cost of £30 a month and you're up to £561 a month already.

I remember how much I spent on cars when I was in my 20's so I'm glad these things weren't around then, I'd probably have been one of the muppets leasing one

I'm with you. How I assume it works

- Sell old car to cover large down payment on lease.

- Go with lowest mileage possible.

- Charge at parents house whenever possible.

I can't talk, bought a brand new Impreza Turbo back in 99 when I was 22 and then ran an E46 M3 for a few years in my mid/late 20's alongside a mortgage and 2 kids.

Oh well, you're only young once as they say.

[Smiljan]

True, I ran an Impreza WRX for 4 years with many, many Europe road trips in that time. I'm glad at the time I didn't keep track of my fuel use as looking back it must have cost me thousands.

Loved that car though, really glad I was lucky enough to have the wages and circumstances to afford to run one.

I'm in a Golf R now and the fuel bills are much, much lower than a WRX but still varies from £150-£200 a month. Man maths could put me in a Model 3 but I'm just not as impulsive as I used to be and I'm not convinced about the car being right for me.

I think most of us on these forums would be rich if we didn't have that shared interest in cars!

[DonkeyApple]

SWoll said:

Single, OK salary, minimal outgoings and they can get in an SR+ for £350-400 a month and save the best part of half of that not putting petrol in their hot hatches doing average mileage. Overall seems pretty achievable to me?

Live with parents or share a rented flat and have a graduate salary then if you’re not saving for a property or pension then you have a lot of disposable.

[jjwilde]

DonkeyApple said:

Tesla would have had a lot more business if the crypto market hadn’t collapsed.

Hey bitcoin is allowing me to only work a few months a year at the moment. Been like that since 2016. Those stcoins might have collapsed but bitcoin is comically floating around £9k a coin. It has given me the best life. Model3 on the way.

[Heres Johnny]

RobDickinson said:

Heres Johnny said:

Tesla owners also rated the cars the most unreliable and by a long long way

https://www.businessinsider.com/survey-uk-drivers-...

I've no problem with a balanced argument - there is just very little on here.

Yet just came 4th on a UK reliability survey..

Yawn

Was that the M3 being the 4th most reliable Tesla they’ve made?
Don’t even bother answering, nobody is listening

[SWoll]

I have spreadsheets in place for most things as like to understand the numbers before making any decisions.

Wouldn't dare do one to work out how much cars cost me in fuel, insurance and depreciation over the years..

[Burwood]

jjwilde said:

DonkeyApple said:

Tesla would have had a lot more business if the crypto market hadn’t collapsed.

Hey bitcoin is allowing me to only work a few months a year at the moment. Been like that since 2016. Those stcoins might have collapsed but bitcoin is comically floating around £9k a coin. It has given me the best life. Model3 on the way.

And to think back in the day all a coin gig you was a poxy pizza

[gangzoom]

Smiljan said:

I think most of us on these forums would be rich if we didn't have that shared interest in cars!

I think the most sensible thing anyone has said on this thread!

[hyphen]

Sharp/Toyota/NEDO teamed up and have put a prototype Prius on the road with solar panels on it.

They have produced cells only 0.03mm thick so they can put them all over the car, and 14% more efficient than the competition, which I imagine includes Tesla solar city.

Long way away but they say "If the car is driven four days a week for a maximum of 50 kilometers a day, there’s no need to plug into an outlet"

https://www.bloomberg.com/news/articles/2019-09-12...

[Tuna]

It occurred to me the other day that with Tesla's greatest strength being the brand association with BEVs, the best move the competition could make would be to champion a different technology. In that context, things like hydrogen and solar cells are not just about advancing the tech, it's also about trying to create the 'next next' generation and skipping over Tesla completely.

Interesting times...