Best EV Car with low depreciation - recommendations?
Discussion
Looking to source a car for older family members - daily driver type - 1 or 2 people max ever using it
Ideally want something that doesnt have crazy depreciation, do not mind if it it a few years old even 5+years provided its good "value"
No idea where to start looking as no knowledge of EV market
suggestions of cars/models to look at appreciated
also is there anything else to be aware of - cashback/bonus benefits?
Ideally want something that doesnt have crazy depreciation, do not mind if it it a few years old even 5+years provided its good "value"
No idea where to start looking as no knowledge of EV market
suggestions of cars/models to look at appreciated
also is there anything else to be aware of - cashback/bonus benefits?
Damn near anything EV has good residuals at the moment, especially with RRPs creeping up across the board, and insane petrol/diesel prices.
Personally though I’d probably be looking at a BMW i3S (actually I am, potentially, for the wife). They have a cult-like following, drive really nicely, and have such a unique platform (carbon monocoque for example) that I think they’ll remain in demand for a good few years now production is ending.
Personally though I’d probably be looking at a BMW i3S (actually I am, potentially, for the wife). They have a cult-like following, drive really nicely, and have such a unique platform (carbon monocoque for example) that I think they’ll remain in demand for a good few years now production is ending.
The EV market is growing fast and changing all the time.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
The EV market is growing fast and changing all the time.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
Has to be the
MG ZS EV
Awesome price for a fully electric
Brand new £28000
almost 300 miles range.
And before you go shouty, "Oh but it's a Chinese car now"
There are ten times more electric cars running around China than the rest of the world put together.
So , yes they know a thing or two about ERV and batteries,
MG ZS EV
Awesome price for a fully electric
Brand new £28000
almost 300 miles range.
And before you go shouty, "Oh but it's a Chinese car now"
There are ten times more electric cars running around China than the rest of the world put together.
So , yes they know a thing or two about ERV and batteries,
OutInTheShed said:
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
Is that the 'only thing we know'?The batteries should be good for 1,000 cycles (full to empty), Tesla claim 1,500 cycles. At 1,000 cycles the batteries will outlast most petrol engines.
OutInTheShed said:
The EV market is growing fast and changing all the time.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
This is one of those myths that the opposing industry like to pedal. In reality a battery from Tesla is designed for over 500k miles. The average miles before an ICE is on the scrap heap is about 106k miles. They need the batteries to last longer as they can get a second life in battery storage or recycled. It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
delta0 said:
OutInTheShed said:
The EV market is growing fast and changing all the time.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
This is one of those myths that the opposing industry like to pedal. In reality a battery from Tesla is designed for over 500k miles. The average miles before an ICE is on the scrap heap is about 106k miles. They need the batteries to last longer as they can get a second life in battery storage or recycled. It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
And all the data published by cell manufacturers?
Charge /discharge cycles and time take their toll on the battery.
Given a choice, people will pay more for a newer EV with less battery wear. That's depreciation.
I think the danger here is that past performance is not indicative of future depreciation. Technology and the range of EVs available is developing at such a rate that if a significant milestone was met we could see numerous vehicles take a significant drop in value.
On the other hand, if things stay relatively static and production vs demand stays closely aligned then it's hard to say a bad word about the depreciation on the Model 3, I'm kicking myself for not jumping on one a few years ago and enjoying practically free motoring.
On the other hand, if things stay relatively static and production vs demand stays closely aligned then it's hard to say a bad word about the depreciation on the Model 3, I'm kicking myself for not jumping on one a few years ago and enjoying practically free motoring.
OutInTheShed said:
delta0 said:
OutInTheShed said:
The EV market is growing fast and changing all the time.
It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
This is one of those myths that the opposing industry like to pedal. In reality a battery from Tesla is designed for over 500k miles. The average miles before an ICE is on the scrap heap is about 106k miles. They need the batteries to last longer as they can get a second life in battery storage or recycled. It's dangerous to predict values in the future.
The only thing we know is that the battery won't last forever, and when the battery is dead, the car won't be worth much, unless it's worth putting a new battery in. But that's not really happening much yet.
And all the data published by cell manufacturers?
Charge /discharge cycles and time take their toll on the battery.
Given a choice, people will pay more for a newer EV with less battery wear. That's depreciation.
Edited by delta0 on Monday 13th June 10:22
NDA said:
Is that the 'only thing we know'?
The batteries should be good for 1,000 cycles (full to empty), Tesla claim 1,500 cycles. At 1,000 cycles the batteries will outlast most petrol engines.
My 101K Leaf has deep cycled it's battery approx. 1700 times and still has approx. 66% of its original capacity. Trouble is it was never that much to sart with.The batteries should be good for 1,000 cycles (full to empty), Tesla claim 1,500 cycles. At 1,000 cycles the batteries will outlast most petrol engines.
A Tesla would need to cover 300K or more to achieve 1500 cycles. Again probably down to 2/3 original capacity or something.
granada203028 said:
My 101K Leaf has deep cycled it's battery approx. 1700 times and still has approx. 66% of its original capacity. Trouble is it was never that much to sart with.
A Tesla would need to cover 300K or more to achieve 1500 cycles. Again probably down to 2/3 original capacity or something.
Tests on Tesla batteries have so far shown 10% in 200k miles. You usually lose the most in the first year and it plateaus and falls very slowly after that. With an old Leaf the range must be very limited and so you need the deep cycles. For most in longer range cars they will keep the battery in the 20-80% range which will do negligible wear to the battery. A Tesla would need to cover 300K or more to achieve 1500 cycles. Again probably down to 2/3 original capacity or something.
Mikebentley said:
A question from someone who doesn’t know.
On an EV is there something in the menu that lets you see battery capacity reduction and the amount of times it has been fully charged?
As above - no.On an EV is there something in the menu that lets you see battery capacity reduction and the amount of times it has been fully charged?
It would be a very useful facility for both owners and second hand buyers. I don't know if EV's have OBD ports and if that might have the function.
NDA said:
Mikebentley said:
A question from someone who doesn’t know.
On an EV is there something in the menu that lets you see battery capacity reduction and the amount of times it has been fully charged?
As above - no.On an EV is there something in the menu that lets you see battery capacity reduction and the amount of times it has been fully charged?
It would be a very useful facility for both owners and second hand buyers. I don't know if EV's have OBD ports and if that might have the function.
Frimley111R said:
That doesn't sound very good? Losing one third of its capacity...
A car that has done over 100k miles loses some of its performance ?What do you think an average ICE car requires to bring it back to 100% as new performance after 100,000 miles ?
Further how much maintenance has that engine needed along the way. Oil, filters, plugs, cam belts, starter motors, clutches, exhausts, injectors, DPF changes, catalytic converters etc etc.
The simplicity of the EV is one of its greatest strengths in the real world. Battery life worries are insignificant when compared to what can go wrong with an ICE vehicle.
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