Anyone at Manheim Colchester this morning
Discussion
jamiebae said:
Did you get stung for rectification costs when handing back? It's listed as grade 3 so I'd expect they'd decide that was not in the expected condition for a 2 year old car with 11k on the clock.
Can't help on sale price, but I'd be interested to see how much it makes too.
I did not get hit too badly, there was a kerbed alloy and a small dent on the door (not normally visible but larger than allowed) and it needed a clean, which I agreed to pay for, the other items were things like marks where the seatbelt had not retracted so left a dent in the internal door frame which I asked them to waive the charges for and they did. Can't help on sale price, but I'd be interested to see how much it makes too.
I showed the auction link to a colleague who was pretty surprised it was grade 3, as the car was in very good condition.
BigBen said:
I did not get hit too badly, there was a kerbed alloy and a small dent on the door (not normally visible but larger than allowed) and it needed a clean, which I agreed to pay for, the other items were things like marks where the seatbelt had not retracted so left a dent in the internal door frame which I asked them to waive the charges for and they did.
I showed the auction link to a colleague who was pretty surprised it was grade 3, as the car was in very good condition.
The grading is done automatically based on the number of 'points' totted up for damage so something with a few small bits of damage can still be classed as grade 3.I showed the auction link to a colleague who was pretty surprised it was grade 3, as the car was in very good condition.
On the car itself, I assume a 2 year old Zoe at auction is worth very little - they seem to retail at about £5k so I wouldn't be surprised if yours only makes £3.5k or so. I assume the balloon payment at the end of the PCP was a ton more than that!
jamiebae said:
The grading is done automatically based on the number of 'points' totted up for damage so something with a few small bits of damage can still be classed as grade 3.
On the car itself, I assume a 2 year old Zoe at auction is worth very little - they seem to retail at about £5k so I wouldn't be surprised if yours only makes £3.5k or so. I assume the balloon payment at the end of the PCP was a ton more than that!
Yep it was £8.5k or something like that. If Manheim made it easy to bid I would have had a go at up to £3k but no more than that.On the car itself, I assume a 2 year old Zoe at auction is worth very little - they seem to retail at about £5k so I wouldn't be surprised if yours only makes £3.5k or so. I assume the balloon payment at the end of the PCP was a ton more than that!
I'm not sure how the economics of these cars stacks up for the manufacturer. I'd assumed they would quietly be collected up by Renault and exported to an RHD market overseas as part of a 'mobility programme' but it appears they're just being punted through the auctions at a massive loss to enter general circulation, outside of the control of the manufacturer.
The battery lease is a killer as irrespective of the condition or value of the car you're on the hook for £70 a month before you've even driven it, from now until the end of time. It won't be long until these Zoes are genuinely worthless, at which point I guess Renault will just collect them all up and scrap them in return for ending the battery lease.
The battery lease is a killer as irrespective of the condition or value of the car you're on the hook for £70 a month before you've even driven it, from now until the end of time. It won't be long until these Zoes are genuinely worthless, at which point I guess Renault will just collect them all up and scrap them in return for ending the battery lease.
jamiebae said:
I'm not sure how the economics of these cars stacks up for the manufacturer. I'd assumed they would quietly be collected up by Renault and exported to an RHD market overseas as part of a 'mobility programme' but it appears they're just being punted through the auctions at a massive loss to enter general circulation, outside of the control of the manufacturer.
The battery lease is a killer as irrespective of the condition or value of the car you're on the hook for £70 a month before you've even driven it, from now until the end of time. It won't be long until these Zoes are genuinely worthless, at which point I guess Renault will just collect them all up and scrap them in return for ending the battery lease.
Exactly my thoughts, they can never occupy the £1500 run about level that older Clios etc will find themselves at, to most buyers at that level the battery lease makes no sense at all and Renault seem massively reluctant to let owners convert from battery lease to battery ownership. As you say they will be worthless within a few yearsThe battery lease is a killer as irrespective of the condition or value of the car you're on the hook for £70 a month before you've even driven it, from now until the end of time. It won't be long until these Zoes are genuinely worthless, at which point I guess Renault will just collect them all up and scrap them in return for ending the battery lease.
BigBen said:
Exactly my thoughts, they can never occupy the £1500 run about level that older Clios etc will find themselves at, to most buyers at that level the battery lease makes no sense at all and Renault seem massively reluctant to let owners convert from battery lease to battery ownership. As you say they will be worthless within a few years
Possibly a silly question as I'm not familiar with the battery lease arrangements, but is it likely that the aftermarket might come up with a battery that owners could actually purchase, if it hasn't already?Did you replace it with another electric car, or just go back to a regular petrol/diesel engine?
I'm pretty sure the batteries on their own have a value of a few grand as they can be recycled/re-used and the early Leaf (and the Mitsubishi/Peugeot/Citroen) are only worth a little bit more than this already. If Renault can make £840 a year per car for 5 years (£4,200) on top of £3.5k disposal value at the end of a 2 year lease and lease payments of about £1,500 it's not much under £10k. They retain the battery too so might be banking £12-14k per car over a 5 year lifetime once it's recycled at the end which I guess makes it viable as they're building a customer base as well as knowledge for the next generation models. Looking at the price difference between the lease and owned battery Leaf I can't imagine many Zoe owners opting to own the battery from new, but I guess it makes sense if you buy a cheap used one.
I'm pretty sure the batteries on their own have a value of a few grand as they can be recycled/re-used and the early Leaf (and the Mitsubishi/Peugeot/Citroen) are only worth a little bit more than this already. If Renault can make £840 a year per car for 5 years (£4,200) on top of £3.5k disposal value at the end of a 2 year lease and lease payments of about £1,500 it's not much under £10k. They retain the battery too so might be banking £12-14k per car over a 5 year lifetime once it's recycled at the end which I guess makes it viable as they're building a customer base as well as knowledge for the next generation models. Looking at the price difference between the lease and owned battery Leaf I can't imagine many Zoe owners opting to own the battery from new, but I guess it makes sense if you buy a cheap used one.
MajorMantra said:
Possibly a silly question as I'm not familiar with the battery lease arrangements, but is it likely that the aftermarket might come up with a battery that owners could actually purchase, if it hasn't already?
Hugely unlikely I'd say. The batteries cost thousands in raw materials so even an aftermarket version will cost you more than the car is worth.jamiebae said:
Did you replace it with another electric car, or just go back to a regular petrol/diesel engine?
Replaced with a Leaf. Chosen purely as there were no good Zoe deals at the time or I would have happily had another it was a great car. The Leaf is much more annoying although better on paper.E36GUY said:
Isn't the point of battery lease that you can get yours replaced at no charge when you reach the point that they are not performing as they should. This would cost many 000s if you were an owner - probably more than a used Zoe would be worth overall.
That's the theory, although in practice it's used to keep the sticker price of the car at a sensible level in the hope that the driver treats the battery lease as equivalent to the 'fuel cost' of a conventional car.In reality though, the battery lease serves to make the car itself worthless once it reaches a certain age. For example this is a 2012 Renault Fluence (effectively a booted Megane) for sale at £3k with only 16k on the clock: http://www.autotrader.co.uk/classified/advert/2017...
The cheapest 2012 Megane on AT today is £700 more, for a 140k mile base model diesel estate: http://www.autotrader.co.uk/classified/advert/2017...
With similar miles here's a low spec petrol 3 door hatch at £5,800 - almost double the price (and this is the cheapest one under 25k miles in the UK: http://www.autotrader.co.uk/classified/advert/2017...
jamiebae said:
E36GUY said:
Isn't the point of battery lease that you can get yours replaced at no charge when you reach the point that they are not performing as they should. This would cost many 000s if you were an owner - probably more than a used Zoe would be worth overall.
That's the theory, although in practice it's used to keep the sticker price of the car at a sensible level in the hope that the driver treats the battery lease as equivalent to the 'fuel cost' of a conventional car.In reality though, the battery lease serves to make the car itself worthless once it reaches a certain age. For example this is a 2012 Renault Fluence (effectively a booted Megane) for sale at £3k with only 16k on the clock: http://www.autotrader.co.uk/classified/advert/2017...
The cheapest 2012 Megane on AT today is £700 more, for a 140k mile base model diesel estate: http://www.autotrader.co.uk/classified/advert/2017...
With similar miles here's a low spec petrol 3 door hatch at £5,800 - almost double the price (and this is the cheapest one under 25k miles in the UK: http://www.autotrader.co.uk/classified/advert/2017...
Also WAS ANYONE AT MANHEIM COLCHESTER TODAY
System says there was no auction today. Next one is Thursday this week -
https://www.manheim.co.uk/our-centres/colchester
https://www.manheim.co.uk/our-centres/colchester
MDMA . said:
System says there was no auction today. Next one is Thursday this week -
https://www.manheim.co.uk/our-centres/colchester
There was, but I'm guessing the car itself didn't sell as it's still on the Manheim site and showing as 'preview stock' as opposed to being marked as sold.https://www.manheim.co.uk/our-centres/colchester
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