Ask a car salesman anything...anything at all (Vol. 2).

[papa3]

catfood12 said:

Crikey, that's just nuts. What's that going to do to profit and volume?!? I guess it will just limit the ICE availability, if anything it looks like new ICE will become scarce. Surely the groups & manufacturers can't wear years of this, especially as I think they're all still geared up for majority ICE production.... Or is the global impact lesser, and the UK has just imposed another sanction on itself?!

UK and EU certainly down this route. Margins are lower on EV too, for both manufacturer and dealers. Used ICE product will continue to command strong pricing as fleets increase EV numbers due to tax advantages.

I'm not against EV, most are great driving cars, but we're not yet ready for mass adoption.

[HTP99]

papa3 said:

catfood12 said:

Crikey, that's just nuts. What's that going to do to profit and volume?!? I guess it will just limit the ICE availability, if anything it looks like new ICE will become scarce. Surely the groups & manufacturers can't wear years of this, especially as I think they're all still geared up for majority ICE production.... Or is the global impact lesser, and the UK has just imposed another sanction on itself?!

UK and EU certainly down this route. Margins are lower on EV too, for both manufacturer and dealers. Used ICE product will continue to command strong pricing as fleets increase EV numbers due to tax advantages.

I'm not against EV, most are great driving cars, but we're not yet ready for mass adoption.

We have just been advised that holding ICE car stock back or hiding it is likely to be a thing for us going forward, the whole situation is an utter farce, the EV mandate will just be impossible to achieve, something needs to happen and quickly.

[Zippee]

HTP99 said:

papa3 said:

catfood12 said:

Crikey, that's just nuts. What's that going to do to profit and volume?!? I guess it will just limit the ICE availability, if anything it looks like new ICE will become scarce. Surely the groups & manufacturers can't wear years of this, especially as I think they're all still geared up for majority ICE production.... Or is the global impact lesser, and the UK has just imposed another sanction on itself?!

UK and EU certainly down this route. Margins are lower on EV too, for both manufacturer and dealers. Used ICE product will continue to command strong pricing as fleets increase EV numbers due to tax advantages.

I'm not against EV, most are great driving cars, but we're not yet ready for mass adoption.

We have just been advised that holding ICE car stock back or hiding it is likely to be a thing for us going forward, the whole situation is an utter farce, the EV mandate will just be impossible to achieve, something needs to happen and quickly.

Surely all it's going to do is force up the price of used ICE cars?

[Fast Bug]

MB aren't too bad at the moment, I think we're looking at a current mix of 18-19% of EV with the target being 22% for this year from memory. I can certainly see registration blocks towards the back end of the year if we're not at the right model mix.

Retail EV sales are nowhere near the right level, it's fleet that's pushing the model mix as we're at around 70% EV at the moment. If the government remove the incentives for company car users it's going to be nigh on impossible to hit the right model mix.

[Sheepshanks]

Fast Bug said:

MB aren't too bad at the moment, I think we're looking at a current mix of 18-19% of EV with the target being 22% for this year from memory. I can certainly see registration blocks towards the back end of the year if we're not at the right model mix.

Retail EV sales are nowhere near the right level, it's fleet that's pushing the model mix as we're at around 70% EV at the moment. If the government remove the incentives for company car users it's going to be nigh on impossible to hit the right model mix.

If incentives were done away with then prices would drop. You can see how much EVs could be when you look at what's available on Motability, and that includes maint, insurance and 20K/yr.

Or make salary sacrifice available to everyone on PAYE - although gross SS amounts often look like a massive rip-off.

[Fast Bug]

Sheepshanks said:

Fast Bug said:

MB aren't too bad at the moment, I think we're looking at a current mix of 18-19% of EV with the target being 22% for this year from memory. I can certainly see registration blocks towards the back end of the year if we're not at the right model mix.

Retail EV sales are nowhere near the right level, it's fleet that's pushing the model mix as we're at around 70% EV at the moment. If the government remove the incentives for company car users it's going to be nigh on impossible to hit the right model mix.

If incentives were done away with then prices would drop. You can see how much EVs could be when you look at what's available on Motability, and that includes maint, insurance and 20K/yr.

Or make salary sacrifice available to everyone on PAYE - although gross SS amounts often look like a massive rip-off.

I'm talking about BIK for drivers and incentives for a company to go green with their fleet.

Why have an E Class and pay £500 pcm company car tax when you can can go electric and pay £100 pcm? For that kind of saving you'll put up with some of the downsides of running an EV

[irc]

Sheepshanks said:

If incentives were done away with then prices would drop. You can see how much EVs could be when you look at what's available on Motability, and that includes maint, insurance and 20K/yr.

Or make salary sacrifice available to everyone on PAYE - although gross SS amounts often look like a massive rip-off.

This. I can't understand why the govt are trying to push mass EV adoption by giving big tax subsidies to company car drivers who are probably wealthier than average.

I'm a PAYE higher rate tax payer. No company car though. At present I avoid my higher rate tax by increased pension contributions. The household runs 2 petrol cars bought new. At present the plan is to run both cars for the next 5 to 10 years.

With current high prices and depreciation for EVs I don't think I would buy a new one even with salary sacrifice but I would look at the numbers.