Are Electric Cars the biggest con on the planet?

[MrTrilby]

Nomme de Plum said:

I'm only about 5 minutes in but the RR examples, flashed extremely quickly so can't be read without freezing video.are inconsistent. The Hybrid is £99K with £20K deposit and nearing 10% interest rate and the 300 is £85K with £25K deposit and interest of under 6%. No wonder the monthlies are so different. Hardly apples for apples is it. If this is his approach i take everything he says with a very big pinch of salt.

He used the same smoke and mirrors approach for his argument about battery degradation too. If you notice the numbers he mentions for the Model S Tesla are actually quite impressive, but he spins it as poor and moves on so fast that most will just accept what he is saying rather than thinking about what he just said and spotting the inconsistencies.

What he says is anything but balanced. Which makes me doubt his other claims and wonder whether he just cherry picked a few data points to suit his argument. Out of interest I compared the lease price of our PHEV with the non PHEV equivalent and the numbers were within £100. Makes me wonder whether he was being a bit cute by comparing different mileage limits or terms, or whether the PHEV version of the Range Rover is just a bit crap and not liked by buyers. Almost as if second hand buyers are not falling over themselves to buy a complicated Range Rover with even more added electronic complexity and reliability issues.

[TheDeuce]

MrTrilby said:

Nomme de Plum said:

I'm only about 5 minutes in but the RR examples, flashed extremely quickly so can't be read without freezing video.are inconsistent. The Hybrid is £99K with £20K deposit and nearing 10% interest rate and the 300 is £85K with £25K deposit and interest of under 6%. No wonder the monthlies are so different. Hardly apples for apples is it. If this is his approach i take everything he says with a very big pinch of salt.

He used the same smoke and mirrors approach for his argument about battery degradation too. If you notice the numbers he mentions for the Model S Tesla are actually quite impressive, but he spins it as poor and moves on so fast that most will just accept what he is saying rather than thinking about what he just said and spotting the inconsistencies.

What he says is anything but balanced. Which makes me doubt his other claims and wonder whether he just cherry picked a few data points to suit his argument. Out of interest I compared the lease price of our PHEV with the non PHEV equivalent and the numbers were within £100. Makes me wonder whether he was being a bit cute by comparing different mileage limits or terms, or whether the PHEV version of the Range Rover is just a bit crap and not liked by buyers. Almost as if second hand buyers are not falling over themselves to buy a complicated Range Rover with even more added electronic complexity and reliability issues.

The fact he compares such cars on RRP price shows how out of date he is. All that matters is the true cost of use for the duration, lease prices best reflect that.

He's a great car guy, he's very passionate and has great knowledge - but he does always approach EV's from a negative position, which is why he spends far more time comparing them to ICE and pointing out where they compare poorly than he does celebrating what is new and very positive about EV's.

In short, he a bit of a duffer when it comes to electric cars. I'm sure he doesn't mean to be.

[JonnyVTEC]

Nomme de Plum said:

I'm only about 5 minutes in but the RR examples, flashed extremely quickly so can't be read without freezing video.are inconsistent. The Hybrid is £99K with £20K deposit and nearing 10% interest rate and the 300 is £85K with £25K deposit and interest of under 6%. No wonder the monthlies are so different. Hardly apples for apples is it. If this is his approach i take everything he says with a very big pinch of salt.

Indeed plus the PHEV is a L460 Full Fat Range Rover and the cheaper diesel is a L461 Range Rover Sport.... its literaly incredible its been presented like that.

Its tuned the content to suit his narrative. Poor form.

[jonathan_roberts]

Pistonheader loses 8 grand in 4 months on a fiesta: https://www.pistonheads.com/gassing/topic.asp?h=0&...

Cars depreciate EV or not.

[DonkeyApple]

jonathan_roberts said:

Pistonheader loses 8 grand in 4 months on a fiesta: https://www.pistonheads.com/gassing/topic.asp?h=0&...

Cars depreciate EV or not.

Not really. £8k is the trade price from WBAC. £14.5k was the retail price he paid. So gross that's £6.5k from which you need to account for spread which is probably a good few K between trade and retail and WBAC is a kind of trade trade offer as they sell mostly to trade themselves. There's also the aspect that WBAC were restocking in the run up to Christmas and just after so the price today may be a little higher.

Plus, he's lost nothing at all in reality as he hasn't crystallised to cash. And no reason at all to ever sell the car other than personal choice. Just keep it for 15-20 years then put it in the bin. In reality he has a car that will cost him next to nothing if that is what he wants.

[jonathan_roberts]

DonkeyApple said:

jonathan_roberts said:

Pistonheader loses 8 grand in 4 months on a fiesta: https://www.pistonheads.com/gassing/topic.asp?h=0&...

Cars depreciate EV or not.

Not really. £8k is the trade price from WBAC. £14.5k was the retail price he paid. So gross that's £6.5k from which you need to account for spread which is probably a good few K between trade and retail and WBAC is a kind of trade trade offer as they sell mostly to trade themselves. There's also the aspect that WBAC were restocking in the run up to Christmas and just after so the price today may be a little higher.

Plus, he's lost nothing at all in reality as he hasn't crystallised to cash. And no reason at all to ever sell the car other than personal choice. Just keep it for 15-20 years then put it in the bin. In reality he has a car that will cost him next to nothing if that is what he wants.

But exactly the same argument can be given to any car at any price point and any age. Except when it’s an EV then depreciation becomes a hot topic.

[DonkeyApple]

jonathan_roberts said:

But exactly the same argument can be given to any car at any price point and any age. Except when it’s an EV then depreciation becomes a hot topic.

Only for some. Others are equally obsessed with prices of used ICE. Different threads attract different types of pant soiling.

However, the fact remains the poster hasn't lost £8k and in reality has lost nothing as he has sold nothing so what is the objective behind someone else claiming otherwise?