BMW i7, Merc EQS etc. The best value EV's?
Discussion
Just took a look at the new i7: https://www.youtube.com/watch?v=VOE3fUMD9vo
Base price is £110k and just like the EQS, I think it's outstanding value for money.
These cars are all about power and smoothness, previously to get that aspect you had to buy such a car but also tick the crazy expensive V12 option and you'd still be down on power and smoothness compared to the EV offerings.
Got me thinking that this is going to be a huge deal to the wealthy that adore such cars. All of a sudden they have the sort of refined powertrain that Rolls Royce could never achieve in ICE form and it's theirs for a little over £100k...
I think these sort of cars really demonstrate the benefit of EV without the cost, as the expense of the battery pack is more or less hidden in a car that costs so much to begin with. I reckon EV is a total game changer at the luxury end of the market - not least because, finally, the rich get to splash out on a new toy to be driven around in AND also get to be on message and 'green'.
I predict this segment will explode in popularity as the new tech puts powerful luxury cars within reach of a far lower tier of wealth and will probably also raise expectations of quality for cars lower down the rung too.
Base price is £110k and just like the EQS, I think it's outstanding value for money.
These cars are all about power and smoothness, previously to get that aspect you had to buy such a car but also tick the crazy expensive V12 option and you'd still be down on power and smoothness compared to the EV offerings.
Got me thinking that this is going to be a huge deal to the wealthy that adore such cars. All of a sudden they have the sort of refined powertrain that Rolls Royce could never achieve in ICE form and it's theirs for a little over £100k...
I think these sort of cars really demonstrate the benefit of EV without the cost, as the expense of the battery pack is more or less hidden in a car that costs so much to begin with. I reckon EV is a total game changer at the luxury end of the market - not least because, finally, the rich get to splash out on a new toy to be driven around in AND also get to be on message and 'green'.
I predict this segment will explode in popularity as the new tech puts powerful luxury cars within reach of a far lower tier of wealth and will probably also raise expectations of quality for cars lower down the rung too.
TheDeuce said:
Base price is £110k and just like the EQS, I think it's outstanding value for money.
.....I predict this segment will explode in popularity
There plenty of threads on here that bare no resemblance to reality but this must be up there!!.....I predict this segment will explode in popularity
For some balance here's a picture of my £60 Gumtree sourced A to B transportation vehicle
.
Obviously it's possible for a £110k car to be "good value" compared to its direct competition but even if it is, it's still pretty irrelevant to the huge majority of... everything.
I'm always amazed by the number of £60k+ cars you see on the road, but £100k car are still extremely rare.
I'm always amazed by the number of £60k+ cars you see on the road, but £100k car are still extremely rare.
kambites said:
Obviously it's possible for a £110k car to be "good value" compared to its direct competition but even if it is, it's still pretty irrelevant to the huge majority of... everything.
I'm always amazed by the number of £60k+ cars you see on the road, but £100k car are still extremely rare.
Are they though? In EV world it's very easy to approach that sort of figure in a well specced 'normal' (ish) sort of car. My iPace would list at £83k and it's a very lovely car but still nowhere near the luxury of a Merc S or 7 series.I'm always amazed by the number of £60k+ cars you see on the road, but £100k car are still extremely rare.
I think a V12 fast luxury german car for the sort of money these new EV's go for used to be unheard of - allowing for monetary values over the years.
Evanivitch said:
Have you considered the MG5?
As a luxury car 
No, not really.
Don't get me wrong it's good value, but I think the best value in EV world is at the very top and bottom of the market. EV makes for cheap as chips to run short range town cars such as the E-up and also stupidly 'cheap' relatively speaking luxury cruisers.
kambites said:
I'm always amazed by the number of £60k+ cars you see on the road, but £100k car are still extremely rare.
I thought I do some man maths on this....The combined purchase costs of our cars was £105k but actually we have owned one for 7 years the other 5 years, so £105k for 12 years of total ownership between the cars.
If sold now to WBAC both together would give us bac roguhly £65k, so the actual cost of owing the cars is £40k.
Per year of ownership therefore is coming out as £3,300. Per month that's £277 between us, so for each individual the cost to own a car each = £138/month.
Is my man maths correct? If that is right it seem very very 'cheap', considering £150/month will get you pretty much a Ford Ka on a lease/PCP type 'deal'.
So maybe £100k+ on a car with a plan to keep for 10 years+ isn't as crazy expensive as it first seems. Especially given an i7/EQS will cost pretty much the same as a Leaf to maintain long term?
If my man maths is right, the leasing companies renting out much cheaper EVs for £500/month must be making ££££ profit.
I don't think the refinement of the powertrain makes these cars a Bentley/RR alternative personally. Far more to the ultra luxury experience than how quiet/smooth it drives, hence the Maybach brand.
The S500 Hybrid comprehensively outguns the EQS 450 for considerably less money and is already incredibly refined.
The S500 Hybrid comprehensively outguns the EQS 450 for considerably less money and is already incredibly refined.
gangzoom said:
So maybe £100k+ on a car with a plan to keep for 10 years+ isn't as crazy expensive as it first seems. Especially given an i7/EQS will cost pretty much the same as a Leaf to maintain long term?
Suspension, brakes, tyres, servicing and any issues over those 10 years once outside of warranty will be hugely more expensive. It should be cheaper to maintain than an equivalent S-Class, but much the same as a Leaf? No chance.gangzoom said:
If my man maths is right, the leasing companies renting out much cheaper EVs for £500/month must be making ££££ profit.
100%. Depreciation at an all time low, lease costs at an all time high. They're making money hand over fist at the minute, especially those supplying company/salary sacrifice cars at massively inflated prices and hoovering up all of the tax savings.Edited by SWoll on Sunday 8th May 09:35
Hard to disagree with any of that.
To me the value of EVs lie at some mid point in the market, sort of Tesla Model 3-ish. You get all the poke, all the tech, and all the various savings so you can sort of forgive it for being related to a washing machine.
What else do you get at 2x the price? Not more poke, not more engagement, not more tech, you have to pay more to save more so not sure that’s a saving. You will get a better interior, you will get exclusivity, but you will also have more hassle driving it vs a Tesla or obviously anything ICE at any price point.
For me stuff like EQS’s and i7’s are cars that I sit in the backseat of on my way to/from the airport (or normally an S-class) so I don’t really care too much about them. If an EQS makes more sense than an S-class for the limo company then great. I just want to get to the destination in comfort.
I do think something like an electric Bentley Continental GTC could make some sense. There is some value in cruising around in a car that only emits success and wealth while soaking in some rays. But would I have one over a V12 all things being equal… no.
To me the value of EVs lie at some mid point in the market, sort of Tesla Model 3-ish. You get all the poke, all the tech, and all the various savings so you can sort of forgive it for being related to a washing machine.
What else do you get at 2x the price? Not more poke, not more engagement, not more tech, you have to pay more to save more so not sure that’s a saving. You will get a better interior, you will get exclusivity, but you will also have more hassle driving it vs a Tesla or obviously anything ICE at any price point.
For me stuff like EQS’s and i7’s are cars that I sit in the backseat of on my way to/from the airport (or normally an S-class) so I don’t really care too much about them. If an EQS makes more sense than an S-class for the limo company then great. I just want to get to the destination in comfort.
I do think something like an electric Bentley Continental GTC could make some sense. There is some value in cruising around in a car that only emits success and wealth while soaking in some rays. But would I have one over a V12 all things being equal… no.
TheDeuce said:
Just took a look at the new i7: https://www.youtube.com/watch?v=VOE3fUMD9vo
Base price is £110k and just like the EQS, I think it's outstanding value for money.
These cars are all about power and smoothness, previously to get that aspect you had to buy such a car but also tick the crazy expensive V12 option and you'd still be down on power and smoothness compared to the EV offerings.
Got me thinking that this is going to be a huge deal to the wealthy that adore such cars. All of a sudden they have the sort of refined powertrain that Rolls Royce could never achieve in ICE form and it's theirs for a little over £100k...
I think these sort of cars really demonstrate the benefit of EV without the cost, as the expense of the battery pack is more or less hidden in a car that costs so much to begin with. I reckon EV is a total game changer at the luxury end of the market - not least because, finally, the rich get to splash out on a new toy to be driven around in AND also get to be on message and 'green'.
I predict this segment will explode in popularity as the new tech puts powerful luxury cars within reach of a far lower tier of wealth and will probably also raise expectations of quality for cars lower down the rung too.
My dad always said if you game to ask the price you can’t afford it. Value for money or lovely toy it’s really your call. Base price is £110k and just like the EQS, I think it's outstanding value for money.
These cars are all about power and smoothness, previously to get that aspect you had to buy such a car but also tick the crazy expensive V12 option and you'd still be down on power and smoothness compared to the EV offerings.
Got me thinking that this is going to be a huge deal to the wealthy that adore such cars. All of a sudden they have the sort of refined powertrain that Rolls Royce could never achieve in ICE form and it's theirs for a little over £100k...
I think these sort of cars really demonstrate the benefit of EV without the cost, as the expense of the battery pack is more or less hidden in a car that costs so much to begin with. I reckon EV is a total game changer at the luxury end of the market - not least because, finally, the rich get to splash out on a new toy to be driven around in AND also get to be on message and 'green'.
I predict this segment will explode in popularity as the new tech puts powerful luxury cars within reach of a far lower tier of wealth and will probably also raise expectations of quality for cars lower down the rung too.
I just test drove the EQS and ended up looking at a pcp for the EQE as the S was a bit over what I wanted to spend.
The competition to this is the Taycan Sport Turismo due to earlier lead times and having got the costs same £85k odd with deposit and mileage and 4 years the Mercedes’ was £400 a month more expensive for premium plus due to the £20k lower residual value.
Think I’ll get the Porsche.. even with £10k of options.
The competition to this is the Taycan Sport Turismo due to earlier lead times and having got the costs same £85k odd with deposit and mileage and 4 years the Mercedes’ was £400 a month more expensive for premium plus due to the £20k lower residual value.
Think I’ll get the Porsche.. even with £10k of options.
_speedyellow_ said:
I just test drove the EQS and ended up looking at a pcp for the EQE as the S was a bit over what I wanted to spend.
The competition to this is the Taycan Sport Turismo due to earlier lead times and having got the costs same 85k odd with deposit and mileage and 4 years the Mercedes’ was 400 a month more expensive for premium plus due to the 20k lower residual value.
Think I’ll get the Porsche.. even with 10k of options.
Indeed. The EQE Exclusive Luxury is an £88.5k car that costs £1600 a month on 3 year, 30k miles lease.The competition to this is the Taycan Sport Turismo due to earlier lead times and having got the costs same 85k odd with deposit and mileage and 4 years the Mercedes’ was 400 a month more expensive for premium plus due to the 20k lower residual value.
Think I’ll get the Porsche.. even with 10k of options.
A Taycan ST GTS costs £110k and has the same lease cost. Madness.
SWoll said:
_speedyellow_ said:
I just test drove the EQS and ended up looking at a pcp for the EQE as the S was a bit over what I wanted to spend.
The competition to this is the Taycan Sport Turismo due to earlier lead times and having got the costs same 85k odd with deposit and mileage and 4 years the Mercedes’ was 400 a month more expensive for premium plus due to the 20k lower residual value.
Think I’ll get the Porsche.. even with 10k of options.
Indeed. The EQE Exclusive Luxury is an 88.5k car that costs 1600 a month on 3 year, 30k miles lease.The competition to this is the Taycan Sport Turismo due to earlier lead times and having got the costs same 85k odd with deposit and mileage and 4 years the Mercedes’ was 400 a month more expensive for premium plus due to the 20k lower residual value.
Think I’ll get the Porsche.. even with 10k of options.
A Taycan ST GTS costs 110k and has the same lease cost. Madness.
It's a rival to an I4 40 but is £25k more.
gangzoom said:
kambites said:
I'm always amazed by the number of 60k+ cars you see on the road, but 100k car are still extremely rare.
I thought I do some man maths on this....The combined purchase costs of our cars was 105k but actually we have owned one for 7 years the other 5 years, so 105k for 12 years of total ownership between the cars.
If sold now to WBAC both together would give us bac roguhly 65k, so the actual cost of owing the cars is 40k.
Per year of ownership therefore is coming out as 3,300. Per month that's 277 between us, so for each individual the cost to own a car each = 138/month.
Is my man maths correct? If that is right it seem very very 'cheap', considering 150/month will get you pretty much a Ford Ka on a lease/PCP type 'deal'.
So maybe 100k+ on a car with a plan to keep for 10 years+ isn't as crazy expensive as it first seems. Especially given an i7/EQS will cost pretty much the same as a Leaf to maintain long term?
If my man maths is right, the leasing companies renting out much cheaper EVs for 500/month must be making profit.
Gassing Station | EV and Alternative Fuels | Top of Page | What's New | My Stuff