iPace currently available for £400/month wow!!

[Heres Johnny]

The cheapest 2017 MX for sale at the moment has been listed since March. I know COVID has been happening but if it’s not sold in nearly 4 months I don’t think you can say that’s the market price

WBAC only honour the price if you’ve had the car serviced every year. I know Tesla suggest differently but they just enter the paperwork you present into the computer and the computer says no.

[SWoll]

Heres Johnny said:

The cheapest 2017 MX for sale at the moment has been listed since March. I know COVID has been happening but if it’s not sold in nearly 4 months I don’t think you can say that’s the market price

WBAC only honour the price if you’ve had the car serviced every year. I know Tesla suggest differently but they just enter the paperwork you present into the computer and the computer says no.

WBAC are a joke IME and not worth bringing into this conversation as a comparison point. Plenty of alternatives that offer better values and less draconian rules.

You can't judge the value of anything at the moment due to unprecedented circumstances as you say so all a bit pointless.

[anonymous-user]

SWoll said:

Heres Johnny said:

The cheapest 2017 MX for sale at the moment has been listed since March. I know COVID has been happening but if it’s not sold in nearly 4 months I don’t think you can say that’s the market price

WBAC only honour the price if you’ve had the car serviced every year. I know Tesla suggest differently but they just enter the paperwork you present into the computer and the computer says no.

WBAC are a joke IME and not worth bringing into this conversation as a comparison point. Plenty of alternatives that offer better values and less draconian rules.

You can't judge the value of anything at the moment due to unprecedented circumstances as you say so all a bit pointless.

In my experience most retailers use WBAC to set their trade ins. If you’re lucky.

Who is taking in a car at significantly more, in truth?

[SWoll]

REALIST123 said:

SWoll said:

Heres Johnny said:

The cheapest 2017 MX for sale at the moment has been listed since March. I know COVID has been happening but if it’s not sold in nearly 4 months I don’t think you can say that’s the market price

WBAC only honour the price if you’ve had the car serviced every year. I know Tesla suggest differently but they just enter the paperwork you present into the computer and the computer says no.

WBAC are a joke IME and not worth bringing into this conversation as a comparison point. Plenty of alternatives that offer better values and less draconian rules.

You can't judge the value of anything at the moment due to unprecedented circumstances as you say so all a bit pointless.

In my experience most retailers use WBAC to set their trade ins. If you’re lucky.

Who is taking in a car at significantly more, in truth?

Arnold Clarke
Evans Halshaw
Motorway
We will buy your car

Had better offers from all of them previously and sold my wife's car to a dealer via motorway early last year for close to private value and no haggling/hassle involved. Some dealers are using WBAC values as they know full well they're as low as it gets and what many will compare with.

No idea how they compare in the current climate though TBH as everything out of kilter obviously.

[gangzoom]

SWoll said:

You can't judge the value of anything at the moment due to unprecedented circumstances as you say so all a bit pointless.

The point is if someone wants an iPace you are looking at spending at least £45k, similar to what you needed to spend 6 months ago. You can apply that to plenty of other used EVs on the market.

Edited by gangzoom on Sunday 5th July 19:45

[SWoll]

gangzoom said:

SWoll said:

You can't judge the value of anything at the moment due to unprecedented circumstances as you say so all a bit pointless.

The point is if someone wants an iPace you are looking at spending at least £45k, similar to what you needed to spend 6 months ago. You can apply that to plenty of other used EVs on the market.

Edited by gangzoom on Sunday 5th July 19:45

My point was current offers from WBAC are likely to be rock bottom due to a very slow market and more desperate sellers than usual. And just because sellers are still asking £45k doesn't mean they'll get it.

[DonkeyApple]

gangzoom said:

The point is if someone wants an iPace you are looking at spending at least £45k, similar to what you needed to spend 6 months ago. You can apply that to plenty of other used EVs on the market.

Edited by gangzoom on Sunday 5th July 19:45

If so then the link is random. JLR haven’t sold any iPaces but instead rented them and shifted the ownership to a separate part of the balance sheet. This means that JLR are dictating the market of their cars at 2 years. The benefit, obviously, is that this fixes depreciation so slashes the cost of funding a new car. It also doesn’t exactly do your balance sheet any harm.

The same is true with most two/three year old EVs. They are still owned by the company that made them and they are able to dictate the price of them.

Tesla is arguably the odd one out as few Tesla’s remain in TSLA’s balance sheet. They actually sell them so arguably their used prices are more honest as they are being defined more strongly by true market forces.

Arguably it is then complete coincidence if Tesla depreciation is the same as others.

[dmsims]

I'm still waiting for Heres Johnny to supply me a load of £40K Model X's so I can flip them for a few £1,000 per car

[Heres Johnny]

dmsims said:

I'm still waiting for Heres Johnny to supply me a load of £40K Model X's so I can flip them for a few £1,000 per car

Ive posted the chart - you’re just ignorant
I’ve never said you can buy a MX for 40k, get your facts right.

Tesla did sell a MX P100D for 63k a week or so back, maybe you should consider signing up and paying for the premium notification service so you can do just that when the deals come up

Edited by Heres Johnny on Sunday 5th July 22:02

[DonkeyApple]

dmsims said:

I'm still waiting for Heres Johnny to supply me a load of £40K Model X's so I can flip them for a few £1,000 per car

Just get a job at WBAC.

[dmsims]

Heres Johnny said:

Ive posted the chart - you’re just ignorant
I’ve never said you can buy a MX for 40k, get your facts right.

Tesla did sell a MX P100D for 63k a week or so back, maybe you should consider signing up and paying for the premium notification service so you can do just that when the deals come up

Edited by Heres Johnny on Sunday 5th July 22:02

Wow pot calling the kettle black, are you a powerfully built company director who drives a 335d diseasel (remapped)?

Maybe you should review what you have written on this thread before spouting such utter garbage

[Heres Johnny]

dmsims said:

Wow pot calling the kettle black, are you a powerfully built company director who drives a 335d diseasel (remapped)?

Maybe you should review what you have written on this thread before spouting such utter garbage

Maybe you should try reading what I’ve actually written

A year ago a 2017 MX 75D was 10k more than the average today, a year before that it was 10k higher still, and I’ve produced the chart to show it, I added that the sub 50k MX for sale today has been for sale since March. What’s so hard to comprehend? I didn’t bring the 40k MX into this conversation at all, maybe you should try directing your stupid juvenile comments to those that made them.

[Witchfinder]

There seems to be a misunderstanding here, HJ said average used prices are dropping by roughly £10k/year on the X, and GZ interpreted that as £10k per year depreciation on a new X, which isn't really what HJ said.

I've never seen a sub-£50k X or sub-£45k I-Pace. That's not to say there haven't been any though.

[gangzoom]

Witchfinder said:

I've never seen a sub-£50k X or sub-£45k I-Pace. That's not to say there haven't been any though.

Which is the only point I was trying to make before everyone gets super excited about turning another non Tesla EV into a Tesla one.

The iPace is a great car and really good value for money used if prices hit below £40k. Even MG wants nearly £30k for their EV, £10k more for a used iPace, bargain.

Edited by gangzoom on Monday 6th July 06:42

[red_slr]

For anyone else who needs to contact Jaguar its not currently possible because when you call you just get a pre recorded message saying they are not currently taking phone calls and then it disconnects.

I have sent them an email... god knows what you would do if the car was stolen or crashed?