EVs... no one wants them!
Discussion
I had to think long and hard before forking out £30k on Monday for my ID3. It's a well specced version (family) and I upgraded the motor to the 200bhp one
It's a fair chunk of money to pay for something with severe depreciation risk
Looking at it's brother, the VW Golf, it's £32k for an R line 2L TDI and £37k for a GTI so I guess £30k is ok for a 200bhp ID3,. RWD, matrix light, pano roof etc.
Golf has a really nice interior though v ID3
Fuel savings is a big part of the decision of course but when I strip the 'nobody wants EVs anymore' noise away, I think it's a decent buy. You can unlock the self driving feature with an OBII as well which will be a nice bonus if it works. Overall, when you have a look at what else you can get for £30k these days, it seems like a decent package.
I think it'll be a bit like boats, caravans, soft tops during winter....demand will pick back up again as summer approaches. And with energy at very high prices, there is a reasonable case that they will come back down within 6 months and all of a sudden, the horror stories will have subsided.
Charging stations looks like a long term issue but outside of that, I can see the picture getting a little brighter for EVs 6 months from now.
It's a fair chunk of money to pay for something with severe depreciation risk
Looking at it's brother, the VW Golf, it's £32k for an R line 2L TDI and £37k for a GTI so I guess £30k is ok for a 200bhp ID3,. RWD, matrix light, pano roof etc.
Golf has a really nice interior though v ID3
Fuel savings is a big part of the decision of course but when I strip the 'nobody wants EVs anymore' noise away, I think it's a decent buy. You can unlock the self driving feature with an OBII as well which will be a nice bonus if it works. Overall, when you have a look at what else you can get for £30k these days, it seems like a decent package.
I think it'll be a bit like boats, caravans, soft tops during winter....demand will pick back up again as summer approaches. And with energy at very high prices, there is a reasonable case that they will come back down within 6 months and all of a sudden, the horror stories will have subsided.
Charging stations looks like a long term issue but outside of that, I can see the picture getting a little brighter for EVs 6 months from now.
I’ve had an BMW I3s for nearly a year now at 8k miles. No home charging in my flat but I can charge for free in our offices in Central London. It’s free to travel into London as well, so I’m enjoying free motoring for now.
With the cost of fuel at the moment, EV’s make sense, but I’m not really a fan of them. Too much faffing around and I’m not sure one can really trust the range of the the thing, it keeps moving around.
As a company car it still makes more sense that diesel or petrol, but for how long?
With the cost of fuel at the moment, EV’s make sense, but I’m not really a fan of them. Too much faffing around and I’m not sure one can really trust the range of the the thing, it keeps moving around.
As a company car it still makes more sense that diesel or petrol, but for how long?
Leicesterdave said:
bennno said:
What do WBAC offer?
£24k.Bought for £36k in August.
I've just had a look at a 2021 Model 3 LR - Tesla used inventory have them at £47k. The same car, same mileage valued on WBAC is £24k - a 50% difference. Autotrader has them around £42k.
NDA said:
Leicesterdave said:
bennno said:
What do WBAC offer?
£24k.Bought for £36k in August.
I've just had a look at a 2021 Model 3 LR - Tesla used inventory have them at £47k. The same car, same mileage valued on WBAC is £24k - a 50% difference. Autotrader has them around £42k.
flatso said:
Some people are also questioning if the EMF radiation from EV's could also have some health implications.
Please show your workings 
georgeyboy12345 said:
Why do you want rid of your brand new car after only 6 months? Isn’t the idea you keep it for 2/3/4 years? You’ll take less of a financial bath the longer you keep it
This is true…..same for ICE.number2 said:
page3 said:
Joey Deacon said:
page3 said:
PurpleFox said:
£2.80 to top up from 0 to 80% are you sure? Depends on the car model and your tariff of course but if you had a P100d, that's 80kwh from 0 to 80% so £27.20 at todays capped rate of 34p per kwh.
Mine is the Model 3 SR+ so 50 kWh approx. Using Octopus Go.Cheap overnight tariff is pretty common. Even working from home we shift 40% off-peak and save a fair bit.
Off-street parking definitely helps. I'd personally not want to run two EV's without.
It looks like the public charging infrastructure is lagging the demand for EVs, but it will catch up. Charging infrastructure in cities is interesting - it will improve, but how much is necessary is another question; car ownership is already very low, and will on-demand hire take over for longer trips, or other times a vehicle is needed?
It's a fact oft rolled out, but most people don't travel very far by car on a daily basis. Those that need an ICE for their daily 200+ miles can keep one for a long time to come.
I watched a YT video of MacMaster(?) driving a Taycan from Ipswich to Mansfield - a 3 hour trip. He left at 7am and got home at 4pm because of the chargers. He even had to resort to Tesco slow chargers.
HTP99 said:
Yep, we aren't buying EV's, not too long ago we couldn't get enough of them and have zero issues selling them, we have a few ZOE's that have been stagnant and dropping £1k per month, if someone is looking to trade one in we will hit it hard, we have an iD 3 which has dropped £9k in the book in the past 4 months.
You've reminded me of their existence. We've said in the past about getting an electric car to rosacea one of ours. Are most zoes still lease batteries?flatso said:
Some people are also questioning if the EMF radiation from EV's could also have some health implications.
Ok, stay calm. We’re sending a car. Don’t be nervous. Just tell the President exactly what you told us. We’ll take care of things from there. Pack a few things, you might be away for a day or two. Don’t worry, you’ve done the right thing.
Best car I have ever owned is my Tesla Model 3 LR. Never kept a car longer than a year. Bought for £47000 in March 21 and have had zero faults, bar my daughter catching the electric car seat adjustment with her school bad and snapping the cheap plastic adjuster.
It is sublime to drive but it might be just how well the car fits around my lifestyle which is mainly driving to one of my branches and then another the next day. Charging is all done at home but the Tesla network is a DREAM to use . No servicing costs, tyres lasting 20000+ miles a set with ease and best of all I don’t have to deal with a salesman when ordering.
So pleased with the vehicle we bought a Model Y for my wife just before the last price increase so the recent drop in retail price hasn’t been too bad on us. The model Y Is fantastic too!
Brother in law now wants to take a salary sacrifice and have a Tesla. Thought as I keep reading about prices dropping massively that I would buy a used one outright through my company ( I think I can still put all the costs against my business even if used ) but prices are still high or at least to me they are. £36000 for a 21 plate with 27000 miles on it is the cheapest on autotrader.
I think some perspective is needed here. Most new cars around £45000/£50000 will lose at least £10000 driving out of the dealership so if you take into account the price drop Tesla did ( which was a nasty way to treat customers who had just bought ) then what we are seeing is just car depreciation going back to normal but that is the same for ICE cars too.
Personally I see the Tesla model 3 and Y as the white good of the car world. Similar to a washing machine or the equivalent of a ford transit for people who need to drive to the office. I have no desire to jump in my Tesla and go for a weekend drive and that’s why I struggle with expensive EV’s like the Taycan and their like ( especially when you see what Porsche want to charge for a service on them ).
In less than 7 years ICE cars will not be in production. EV’s are not going away and if there are any bargains they will be snapped up but as yet I haven’t seen any.
Just on a side note. Put “ Sandy rant on Tesla margins” into YouTube. Tesla are not going anywhere if that’s true. They have the profit margin to further massively reduce the retail price at any time and it seems no other manufacturer can match their pricing and that’s not even taking into account they have the charging network. I would not like to be in competition with them.
It is sublime to drive but it might be just how well the car fits around my lifestyle which is mainly driving to one of my branches and then another the next day. Charging is all done at home but the Tesla network is a DREAM to use . No servicing costs, tyres lasting 20000+ miles a set with ease and best of all I don’t have to deal with a salesman when ordering.
So pleased with the vehicle we bought a Model Y for my wife just before the last price increase so the recent drop in retail price hasn’t been too bad on us. The model Y Is fantastic too!
Brother in law now wants to take a salary sacrifice and have a Tesla. Thought as I keep reading about prices dropping massively that I would buy a used one outright through my company ( I think I can still put all the costs against my business even if used ) but prices are still high or at least to me they are. £36000 for a 21 plate with 27000 miles on it is the cheapest on autotrader.
I think some perspective is needed here. Most new cars around £45000/£50000 will lose at least £10000 driving out of the dealership so if you take into account the price drop Tesla did ( which was a nasty way to treat customers who had just bought ) then what we are seeing is just car depreciation going back to normal but that is the same for ICE cars too.
Personally I see the Tesla model 3 and Y as the white good of the car world. Similar to a washing machine or the equivalent of a ford transit for people who need to drive to the office. I have no desire to jump in my Tesla and go for a weekend drive and that’s why I struggle with expensive EV’s like the Taycan and their like ( especially when you see what Porsche want to charge for a service on them ).
In less than 7 years ICE cars will not be in production. EV’s are not going away and if there are any bargains they will be snapped up but as yet I haven’t seen any.
Just on a side note. Put “ Sandy rant on Tesla margins” into YouTube. Tesla are not going anywhere if that’s true. They have the profit margin to further massively reduce the retail price at any time and it seems no other manufacturer can match their pricing and that’s not even taking into account they have the charging network. I would not like to be in competition with them.
Edited by Chipper on Thursday 2nd February 07:32
Chipper said:
Best car I have ever owned is my Tesla Model 3 LR. Never kept a car longer than a year. Bought for £47000 in March 21 and have had zero faults, bar my daughter catching the electric car seat adjustment with her school bad and snapping the cheap plastic adjuster.
It is sublime to drive but it might be just how well the car fits around my lifestyle which is mainly driving to one of my branches and then another the next day. Charging is all done at home but the Tesla network is a DREAM to use . No servicing costs, tyres lasting 20000+ miles a set with ease and best of all I don’t have to deal with a salesman when ordering.
So pleased with the vehicle we bought a Model Y for my wife just before the last price increase so the recent drop in retail price hasn’t been too bad on us. The model Y Is fantastic too!
Brother in law now wants to take a salary sacrifice and have a Tesla. Thought as I keep reading about prices dropping massively that I would buy a used one outright through my company ( I think I can still put all the costs against my business even if used ) but prices are still high or at least to me they are. £36000 for a 21 plate with 27000 miles on it is the cheapest on autotrader.
I think some perspective is needed here. Most new cars around £45000/£50000 will lose at least £10000 driving out of the dealership so if you take into account the price drop Tesla did ( which was a nasty way to treat customers who had just bought ) then what we are seeing is just car depreciation going back to normal but that is the same for ICE cars too. Everything is now depreciating including ICE vehicles.
Personally I see the Tesla model 3 and Y as the white good of the car world. Similar to a washing machine or the equivalent of a ford transit for people who need to drive to the office. I have no desire to jump in my Tesla and go for a weekend drive and that’s why I struggle with expensive EV’s like the Taycan and their like ( especially when you see what Porsche want to charge for a service on them ).
In less than 7 years ICE cars will not be in production. EV’s are not going away and if there are any bargains they will be snapped up but as yet I haven’t seen any.
Just on a side note. Put “ Sandy rant on Tesla margins” into YouTube. Tesla are not going anywhere if that’s true. They have the profit margin to further massively reduce the retail price at any time and it seems no other manufacturer can match their pricing and that’s not even taking into account they have the charging network. I would not like to be in competition with them.
Well, quite. Very, very few people can use a company to buy them and make best use of the tax breaks. The vast majority of "normal" people can't afford high prices, for average cars, especially in the current energy price "crisis". It is sublime to drive but it might be just how well the car fits around my lifestyle which is mainly driving to one of my branches and then another the next day. Charging is all done at home but the Tesla network is a DREAM to use . No servicing costs, tyres lasting 20000+ miles a set with ease and best of all I don’t have to deal with a salesman when ordering.
So pleased with the vehicle we bought a Model Y for my wife just before the last price increase so the recent drop in retail price hasn’t been too bad on us. The model Y Is fantastic too!
Brother in law now wants to take a salary sacrifice and have a Tesla. Thought as I keep reading about prices dropping massively that I would buy a used one outright through my company ( I think I can still put all the costs against my business even if used ) but prices are still high or at least to me they are. £36000 for a 21 plate with 27000 miles on it is the cheapest on autotrader.
I think some perspective is needed here. Most new cars around £45000/£50000 will lose at least £10000 driving out of the dealership so if you take into account the price drop Tesla did ( which was a nasty way to treat customers who had just bought ) then what we are seeing is just car depreciation going back to normal but that is the same for ICE cars too. Everything is now depreciating including ICE vehicles.
Personally I see the Tesla model 3 and Y as the white good of the car world. Similar to a washing machine or the equivalent of a ford transit for people who need to drive to the office. I have no desire to jump in my Tesla and go for a weekend drive and that’s why I struggle with expensive EV’s like the Taycan and their like ( especially when you see what Porsche want to charge for a service on them ).
In less than 7 years ICE cars will not be in production. EV’s are not going away and if there are any bargains they will be snapped up but as yet I haven’t seen any.
Just on a side note. Put “ Sandy rant on Tesla margins” into YouTube. Tesla are not going anywhere if that’s true. They have the profit margin to further massively reduce the retail price at any time and it seems no other manufacturer can match their pricing and that’s not even taking into account they have the charging network. I would not like to be in competition with them.
It's cheaper for me to buy and run my 911, than it is for my brother to buy and run his boggo Tesla 3. And let's be fair, the Tesla build quality, seat comfort etc is awful. It's a £50k fancy iPad with wheels. It says a lot that he has also got a 7 year old 320d estate (bought after the Tesla) for daily family duties.
SteveStrange said:
Well, quite. Very, very few people can use a company to buy them and make best use of the tax breaks. The vast majority of "normal" people can't afford high prices, for average cars, especially in the current energy price "crisis".
It's cheaper for me to buy and run my 911, than it is for my brother to buy and run his boggo Tesla 3. And let's be fair, the Tesla build quality, seat comfort etc is awful. It's a £50k fancy iPad with wheels. It says a lot that he has also got a 7 year old 320d estate (bought after the Tesla) for daily family duties.
The seats are very comfortable for me and that’s coming from several Audi A8’s and an S Class. Personally I think £42000 for a rwd model 3 is a bit pricey but like I said watch Sandy. Tesla could probably retail them at £36000 and still make a good margin. It's cheaper for me to buy and run my 911, than it is for my brother to buy and run his boggo Tesla 3. And let's be fair, the Tesla build quality, seat comfort etc is awful. It's a £50k fancy iPad with wheels. It says a lot that he has also got a 7 year old 320d estate (bought after the Tesla) for daily family duties.
Loads of people have teslas because they can take salary sacrifice or put them against their business but look at the price of a new Golf or a standard 3 series. There isn’t a huge difference . Teslas are the new Mondeo of our time but if you can’t afford them don’t get your knickers in a twist just go buy something else.
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