iPace currently available for £400/month wow!!

[Witchfinder]

I'm not a fan of Android Auto. Never really got along with it. A lot depends on how well it has been implemented. The updated I-Pace has the much better infotainment which allows OTA updates. The base S also comes with 19" wheels now - I know I've said it before, but those 18s look like they came off a mid-90s Mondeo. I believe it also has improved charging and battery management (although the charging improvement is for faster AC charging, which hardly anyone can take advantage of anyway).

Anyway, the absolute cheapest I-Pace on Autotrader is £45k, but most are £50k+. A new one via CarWow was around £58k last time I checked.

[DonkeyApple]

gangzoom said:

Witchfinder said:

When do we reckon all these expiring lease cars are going to hit dealer forecourts? Second hand I-Pace prices have resolutely resisted doing below £45k for over six months now.

All EV used prices are static at the moment, used X prices are stuck £50k for even early cars, Leaf prices are going UP still at the bottom end .

Unsurprising in a way when the new Corsa is over £30k with decent spec and the eNiro is £36k.

A sub £45k used iPace is already 'good value' in comparison and if prices dropped to £40k it would be an absolute steal.

However, with EVs one has to consider the tax element more overtly than with non EVs. For example, what are the taxation advantages/differences between a new EV and a used one? Are there any such as BIK on newly acquired used vehicles? The initial grant has been taken, along with the VAT aspect.

[Heres Johnny]

gangzoom said:

All EV used prices are static at the moment, used X prices are stuck £50k for even early cars, Leaf prices are going UP still at the bottom end .

Unsurprising in a way when the new Corsa is over £30k with decent spec and the eNiro is £36k.

A sub £45k used iPace is already 'good value' in comparison and if prices dropped to £40k it would be an absolute steal.

MX 75D 2017 are down 10k on this t8me last year and 20k on 2 years ago. Pretty much the same as the 100D. A P100D is down 35k over 2 years.

Your definition of static and mine is somewhat different

[gangzoom]

Heres Johnny said:

Your definition of static and mine is somewhat different

The cheapest X about 6 months ago was £50k and its still seems to about £50k. Thats pretty static to me.

Similarly iPace prices at holding at the £45k mark, and your struggle to get a Leaf for under £8k.

Edited by gangzoom on Saturday 4th July 18:48

[red_slr]

EddieSteadyGo said:

red_slr said:

Has anyone contacted Jaguar in relation to extending their deal?

Is the monthly cost staying the same?

Yes, I spoke with them.

You have two options i) ask for a formal extension - the cost goes up by around £100 / month for a 12 month extension ii) use the "informal extension" provision within the original contract which allows you to pay the same price on a rolling month by month basis.

I'm going for the informal option. Cost and mileage allowance stays the same. Plus you can keep the car and hand it back pretty much whenever you like. I plan to keep the car for another year beyond the end of the initial 18 month lease (which happens in September). But if something interesting comes along in the meantime, it is easy to just hand it back.

Cheers will bell them next week

[Heres Johnny]

gangzoom said:

Heres Johnny said:

Your definition of static and mine is somewhat different

The cheapest X about 6 months ago was £50k and its still seems to about £50k. Thats pretty static to me.

Similarly iPace prices at holding at the £45k mark, and your struggle to get a Leaf for under £8k.

Edited by gangzoom on Saturday 4th July 18:48

I think I might know running the biggest inventory site in the world with a million data points. The prices year on year are falling by 10k

[gangzoom]

Heres Johnny said:

I think I might know running the biggest inventory site in the world with a million data points. The prices year on year are falling by 10k

So what was the cheapest X for sale in Jan 2020 versus now, and iPace?

Our X was £71k invoiced March 2017, by your figures of £10k a year deprecation it should be valued at sub £40k, so where is a used X for under £40k on your database?

Edited by gangzoom on Sunday 5th July 05:49

[Witchfinder]

I'd buy a three-year-old X for £40k

[dmsims]

Witchfinder said:

I'd buy a three-year-old X for £40k

Heres Johnny can find you one

[Heres Johnny]

Trend for a 2017 MX 75D



Can you spot the cyclical trends on prices?. Gangs argument is not year on year comparisons, he's picking generally depressed winter sales figures with peak summer values post covid.

[dmsims]

Heres Johnny said:

I think I might know running the biggest inventory site in the world with a million data points. The prices year on year are falling by 10k

[TheRainMaker]

gangzoom said:

Heres Johnny said:

Your definition of static and mine is somewhat different

The cheapest X about 6 months ago was £50k and its still seems to about £50k. Thats pretty static to me.

Similarly iPace prices at holding at the £45k mark, and your struggle to get a Leaf for under £8k.

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

[gangzoom]

Heres Johnny said:

Trend for a 2017 MX 75D



Can you spot the cyclical trends on prices?. Gangs argument is not year on year comparisons, he's picking generally depressed winter sales figures with peak summer values post covid.

Isn't that exactly what's been discussed for the last 6 months many used EV prices are holding static. Infact your graph would suggest for even the last 8 months.

Cheapest iPace has been £45kish since the start of the year, am sure price will fall over the next 6 months, but how long will it be before we see sub £40k iPaces?? I wouldn't hold my breath on one. Equally a sub £40k X, certainly doesn't look possible anytime soon.

[dmsims]

TheRainMaker said:

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

Nothing like swapping apples for oranges

Where can you buy one for that price ?

[gangzoom]

TheRainMaker said:

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

Seriously whats WBAC prices got to do with some looking to buy an used iPace??

Johnnys figures are spot on some EVs haven't depreciated at all in the last 6 months. If you can find an used 75D X or iPace for sub £40k buy it.

Edited by gangzoom on Sunday 5th July 11:23

[TheRainMaker]

dmsims said:

TheRainMaker said:

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

Nothing like swapping apples for oranges

Where can you buy one for that price ?

Ask Johnny?

I was just stating what they are really worth.

[gangzoom]

TheRainMaker said:

Ask Johnny?

I was just stating what they are really worth.

What any car is really worth after 3 years is max 50% of purchase value. So for our over 3 years old 75D X it should be around £35k retail and £30k trade in.

An iPace should also follow the same rule at 3 years old.

Like I've said if you can buy a 3 year old Model X for £35k or an 2 year old iPace for £40k go for it!

[dmsims]

TheRainMaker said:

dmsims said:

TheRainMaker said:

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

Nothing like swapping apples for oranges

Where can you buy one for that price ?

Ask Johnny?

I was just stating what they are really worth.

Are you sure you haven't pissed some off at WBAC?

If you look at the cheapest Model X on AT it's £49,985

2 owners, 65,000 miles

If i put that into WBAC:



and one with 27,000 miles (still a 2017) is £50,550 on WBAC

Edited by dmsims on Sunday 5th July 12:01

[TheRainMaker]

dmsims said:

TheRainMaker said:

dmsims said:

TheRainMaker said:

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

Nothing like swapping apples for oranges

Where can you buy one for that price ?

Ask Johnny?

I was just stating what they are really worth.

Are you sure you haven't pissed some off at WBAC?

If you look at the cheapest Model X on AT it's £49,985

2 owners, 65,000 miles

If i put that into WBAC:

Must have done

I just picked a random Model X from autotrader



I've removed the reg number as I don't think it's fair.

[SWoll]

TheRainMaker said:

dmsims said:

TheRainMaker said:

Having a quick play on the "we buy any car" website, a Tesla Model X 2017 with 40000 miles and one owner is worth £38180.00 so Johnny's figures seem spot on to me.

Nothing like swapping apples for oranges

Where can you buy one for that price ?

Ask Johnny?

I was just stating what they are really worth.

To a company that makes low ball offers to desperate sellers. There is no-one selling at that price either retail or private.