EVs... no one wants them!
Discussion
ten200 said:
Tesla announced some big price cuts recently, and it wouldn't be surprising if other EV manufacturers were forced to reduce their prices too. You can understand a dealer not wanting to have nearly-new EVs in their inventory if they are anticipating the prices of new models falling by an unknown amount in the near future.
Ford have followed Tesla with 8% price cuts announced in the USA a couple of days ago.Joey Deacon said:
But are we getting to a situation where the early adopters, those excited by new tech and those rich enough to have one as a second car are starting to run out?
I'm increasingly hearing this. The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
I don’t think the issue is necessarily EV cars.
It’s more that your average joe earns £28K a year. They need to be able to afford average used EVs like a Tesla or ID3.
Prices need to come down because it isn’t about what the average punter wants it’s about what they can afford and EVs are years off. Can’t get the average punter onboard they are dead in the water.
With EVs you probably notice it more as for some reason everyone thinks buying an EV means it should be depreciation proof and they should make money.
It’s more that your average joe earns £28K a year. They need to be able to afford average used EVs like a Tesla or ID3.
Prices need to come down because it isn’t about what the average punter wants it’s about what they can afford and EVs are years off. Can’t get the average punter onboard they are dead in the water.
With EVs you probably notice it more as for some reason everyone thinks buying an EV means it should be depreciation proof and they should make money.
dxg said:
I'm increasingly hearing this.
The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
I can see hybrids (petrol-electrics) coming back to the fore. Things like Prius and Toyotas, or BMW i3RE with the self-charging, that give you the urban silence/cheapness, and yet don't need to be plugged in. If I wanted something new, and eco-friendly, it would be a petrol/electric hybrid all day long. The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
robbieduncan said:
Demonstrates the real problem though. Most people vastly over estimate the problems with owning an EV making them less attractive second hand. I am assuming by the time we want to move our Tesla on the vast majority of cars will be EV so these attitudes will have gone.
We've had ours since September. Done 2452 miles. Charging costs: £245. That includes some supercharger use going up to Aberdeen and back from Harrogate.
That is about what my 2.0 Diesel costs in fuel, and 2452 miles is around 2 1/2 fills. Why would I spend 20-30k more on a car that won't reduce the fuel bill.We've had ours since September. Done 2452 miles. Charging costs: £245. That includes some supercharger use going up to Aberdeen and back from Harrogate.
Not had to queue for fuel that I remember since we were in France and they were on strike, cold weather doesn't bother it etc - I'm not an early adopter either.
dxg said:
I'm increasingly hearing this.
The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
I think its different, its more that there are plenty of private customers comfortable paying 20-25k for a new car, fewer 25-35k, fewer still 35k+The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
Some of the new EV's are eye watering, we loved our V90 but the new EX90 at £95k is a joke. Teslas overpriced for majority etc
New cars still in pretty scarce supply due to companies leasing cars and a large number of salary sacrificers - but in reality few want to pay 50-70k for a used EV
The Op should be able to get 28-30k for his Cupra if put on auto trader, although VW badged cars always sell easier and Seats have always dropped 25-35% in the first year. in normal times they were discounted new.
LayZ said:
cayman-black said:
I thought the battery cars were all the fashion, whats happened?
Electricity isn't cheap any more and the ultra-rapid chargers are all full. It's bleak.
It's not bleak.
Pre-Covid if you bought any car brand new for list (I assume that the OP wasn't getting a discount when demand was so high) and then tried to sell it 5 months later, your pants would have been pulled down.....hard.
Seemingly, a lot of people are under the impression that the bubble for cars retaining or even increasing in value second hand would continue. It never would.
Now, electric has also attracted some bad press over Xmas with chargers being full and I'd say that the infrastructure is still behind where it needs to be.
But to say it's 'bleak' is short-sighted, at best. All major manufacturers are too deep into Electric power to not make it the future, at least in the short to mid-term. Short to mid-term being years in car development.....
Would I buy an EV? No - too unpredictable. But I'd definitely lease one for a few years and intend to do so. We'll then see what occurs.
Edited by Muzzer79 on Wednesday 1st February 17:50
Edited by Muzzer79 on Wednesday 1st February 17:50
The WBAC price seems fair to me for a 6 month old car. You take a massive hit at the start traditionally and its always been about 30% until the recent price stupidity. It is a little strange that they dont want a part exchange but thats their choice. Doesnt mean "No one wants them!" thats a tad sensationalist. If you want more than the WBAC price then try and sell it privately but is the extra you will get worth it?
The lesson here isnt "dont buy an electric car" its "dont offload a car only six months after buying new if you dont want your pants pulled down"
The lesson here isnt "dont buy an electric car" its "dont offload a car only six months after buying new if you dont want your pants pulled down"
DanL said:
Why moving it on so soon?
Waiting for "The range is terrible", "Public chargers are really expensive", "public chargers always have massive queues or are not working", "The range in winter is massively reduced so I have to drive in a coat, hat and gloves as I daren't turn the heaters on" 
PurpleFox said:
page3 said:
rallye101 said:
Doesn't it currently cost roughly £50 for an 80% top up of teslas at motorway services? This is what scared me off...that and winter range in cold temperatures
No, it doesn’t.Current cost is around 41p/kWh so that’s around £16. Not that you’d ever charge from zero. And if course home charging would still cost in the region of £2.80 for the same 0-80%
SteveStrange said:
I can see hybrids (petrol-electrics) coming back to the fore. Things like Prius and Toyotas, or BMW i3RE with the self-charging, that give you the urban silence/cheapness, and yet don't need to be plugged in. If I wanted something new, and eco-friendly, it would be a petrol/electric hybrid all day long.
I think that's true, just by coincidence a chap I work with was very excited this afternoon telling me about the Honda Jazz Hybrid he ordered for his wife which is arriving in 8 weeks, he was excitedly telling me about the regenerative braking system. Not my cup of tea but I can see how that type of thing would have mas market appeal, he told me the cost i near enough 20k which seems high but i'm not particularly familiar with new car prices anymoreLayZ said:
cayman-black said:
I thought the battery cars were all the fashion, whats happened?
Electricity isn't cheap any more and the ultra-rapid chargers are all full. It's bleak.I hate facts!
Joey Deacon said:
Leicesterdave said:
So am I.... People are too scared to buy them at the moment due to energy prices apparently.
Personally I think the media killed EV desirability over Christmas.
And yet the government are pushing everybody down this road with new ICE sales being banned in 2030. I suspect that the 2025 Euro 7 regulations are going to push manufacturers to go full EV before the 2030 ICE ban.Personally I think the media killed EV desirability over Christmas.
But are we getting to a situation where the early adopters, those excited by new tech and those rich enough to have one as a second car are starting to run out?
Tesla have lowered the price of their cars as I assume sales are starting to slow down. Ford have lowered the price of the Mach E because they claim they want to get as much as the market as possible.
Are we going to get in a situation in a year or two where manufacturers are building more EVs than they can sell and the crazy leases will start again?
I can't help but think that the government are pushing EVs like they did diesel and looking back in five or ten years we will realise that was a massive mistake.
IJWS15 said:
That is about what my 2.0 Diesel costs in fuel, and 2452 miles is around 2 1/2 fills. Why would I spend 20-30k more on a car that won't reduce the fuel bill.
Not had to queue for fuel that I remember since we were in France and they were on strike, cold weather doesn't bother it etc - I'm not an early adopter either.
I certainly don’t want to dispute anything but at current pricing my calculations are you would need to do 74mpg to do that. That’s an impressive average for that sort of distance.Not had to queue for fuel that I remember since we were in France and they were on strike, cold weather doesn't bother it etc - I'm not an early adopter either.
And that’s before we consider the relative performance of the vehicles.
Just look at the crazy price VW Id.buzz is going for!
https://www.autotrader.co.uk/car-search?postcode=b...
https://www.autotrader.co.uk/car-search?postcode=b...
SteveStrange said:
dxg said:
I'm increasingly hearing this.
The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
I can see hybrids (petrol-electrics) coming back to the fore. Things like Prius and Toyotas, or BMW i3RE with the self-charging, that give you the urban silence/cheapness, and yet don't need to be plugged in. If I wanted something new, and eco-friendly, it would be a petrol/electric hybrid all day long. The market for the current, big battery, long range, and expensive EVs is saturated by all accounts.
The next wave of adoption will come via smaller cars with smaller batteries, fewer features, and lower costs. See the wave coming over from China (with the MG4 leading the way), and Ford's adoption of the MEB platform (rumours are that they're thinking of reusing the "Model-T" name in a play to Tesla that reminds people of Ford's role in the history of the automobile, but also in the sense that they want everyone to have one...).
Edit to add - assumed you meant plug in hybrids
Edited by 85Carrera on Wednesday 1st February 21:34
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