For ages the argument made on this forum has been EVs will never be affordable by "ordinary" people and will price many out of motoring.
Well, depreciation, as it always has been, is the answer!
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Son bought a Porsche Taycan 2 years ago.
Sold after 18 months - trailered in at the beginning of the year 3 times.
It had had 2 battery changeses in his ownership as there were problems charging and range.
He loved it when it worked properly but in 18 months it was in the garage 2 months awaiting parts - new AC needed in week 1 and 2 batteries - 3 weeks wait for parts. Ac was replaced with AC from a showroom car as parts were in short supply.
Replaced by petrol Cayenne. He lost $30K in the 18 months
Edited by Falkirk Bairn on 01/07/2023 at 16:03
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By bringing the net zero date back to 2030, the UK has set itself up for the rest of the world to realise that the changeover to electrification cannot be achieved by a nation, in such a short period of time, when many UK motorists see this being imposed on them against their wishes
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2030 won't hold, it will slip to 2035 after the next Election.
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Totally agree-can’t wait to see every parking space everywhere with a charging point( ha ha) …so 2040 is the earliest I reckon.
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Totally agree-can’t wait to see every parking space everywhere with a charging point( ha ha) …so 2040 is the earliest I reckon.
No need for them in every space - by 2040 there will be cars with much larger capacities and much faster charging available so no need for there to be chargers everywhere, thankfully.
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That's what I think. It's imposing EVs on us yet they are an unproven product and the persiflage from the advertisers and manufacturers is pathetic.
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A few years ago, a car which held onto 50% of its list price after 3 years would have been considered to have held its value fairly well.
Back in 2004 I bought an ex-demo Octavia which was less than a year old for about 65% of its list price, and that was the one most local to me, rather than the cheapest in the country.
In 2009 I very nearly replaced that car with a 1 year old Astra which was for sale for 40% of its original list price - but in the end decided I liked the Octavia too much to let it go for the £2500 it was then worth and kept it another 4 years instead.
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Son bought a Porsche Taycan 2 years ago.
Sold after 18 months - trailered in at the beginning of the year 3 times.
It had had 2 battery changeses in his ownership as there were problems charging and range.
He loved it when it worked properly but in 18 months it was in the garage 2 months awaiting parts - new AC needed in week 1 and 2 batteries - 3 weeks wait for parts. Ac was replaced with AC from a showroom car as parts were in short supply.
Replaced by petrol Cayenne. He lost $30K in the 18 months
VW seem to have real problems with their EV reliability. A colleague's Q4 E-Tron is forever going back to the dealer.
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For ages the argument made on this forum has been EVs will never be affordable by "ordinary" people and will price many out of motoring.
Well, depreciation, as it always has been, is the answer!
No good if the replacement part you are most likely to need costs £7k - £15k! A car can depreciate by 80% a year, but if parts cost a fortune and as it ages, the likelihood of it needing replacements increases exponentially, then no-one will want to buy them.
At least with ICE the likelihood of several major engine components failing within short order is minimal. Besides, you don't need to spend £1k on a home filling point for ICE, unlike EVs, and I certainly wouldn't want to rely on public chargers for a 15yo car that at best gets well under 100 miles (and often considerably less than 60) of range.
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For ages the argument made on this forum has been EVs will never be affordable by "ordinary" people and will price many out of motoring.
Well, depreciation, as it always has been, is the answer!
No good if the replacement part you are most likely to need costs £7k - £15k! A car can depreciate by 80% a year, but if parts cost a fortune and as it ages, the likelihood of it needing replacements increases exponentially, then no-one will want to buy them.
At least with ICE the likelihood of several major engine components failing within short order is minimal. Besides, you don't need to spend £1k on a home filling point for ICE, unlike EVs, and I certainly wouldn't want to rely on public chargers for a 15yo car that at best gets well under 100 miles (and often considerably less than 60) of range.
This is why Andy never loses an argument - he says the cars cost too much, now they are losing loads of value...ah, but they will be too expensive to fix...I expect if they were fixed cheap there would be something else wrong with them! :-)
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For ages the argument made on this forum has been EVs will never be affordable by "ordinary" people and will price many out of motoring.
Well, depreciation, as it always has been, is the answer!
No good if the replacement part you are most likely to need costs £7k - £15k! A car can depreciate by 80% a year, but if parts cost a fortune and as it ages, the likelihood of it needing replacements increases exponentially, then no-one will want to buy them.
At least with ICE the likelihood of several major engine components failing within short order is minimal. Besides, you don't need to spend £1k on a home filling point for ICE, unlike EVs, and I certainly wouldn't want to rely on public chargers for a 15yo car that at best gets well under 100 miles (and often considerably less than 60) of range.
This is why Andy never loses an argument - he says the cars cost too much, now they are losing loads of value...ah, but they will be too expensive to fix...I expect if they were fixed cheap there would be something else wrong with them! :-)
So, nothing worthwhile to say to dismantle my arguments then?
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For ages the argument made on this forum has been EVs will never be affordable by "ordinary" people and will price many out of motoring.
Well, depreciation, as it always has been, is the answer!
No good if the replacement part you are most likely to need costs £7k - £15k! A car can depreciate by 80% a year, but if parts cost a fortune and as it ages, the likelihood of it needing replacements increases exponentially, then no-one will want to buy them.
At least with ICE the likelihood of several major engine components failing within short order is minimal. Besides, you don't need to spend £1k on a home filling point for ICE, unlike EVs, and I certainly wouldn't want to rely on public chargers for a 15yo car that at best gets well under 100 miles (and often considerably less than 60) of range.
This is why Andy never loses an argument - he says the cars cost too much, now they are losing loads of value...ah, but they will be too expensive to fix...I expect if they were fixed cheap there would be something else wrong with them! :-)
So, nothing worthwhile to say to dismantle my arguments then?
Yes, plenty, but not worth my time replying to you.
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For ages the argument made on this forum has been EVs will never be affordable by "ordinary" people and will price many out of motoring.
Well, depreciation, as it always has been, is the answer!
No good if the replacement part you are most likely to need costs £7k - £15k! A car can depreciate by 80% a year, but if parts cost a fortune and as it ages, the likelihood of it needing replacements increases exponentially, then no-one will want to buy them.
At least with ICE the likelihood of several major engine components failing within short order is minimal. Besides, you don't need to spend £1k on a home filling point for ICE, unlike EVs, and I certainly wouldn't want to rely on public chargers for a 15yo car that at best gets well under 100 miles (and often considerably less than 60) of range.
This is why Andy never loses an argument - he says the cars cost too much, now they are losing loads of value...ah, but they will be too expensive to fix...I expect if they were fixed cheap there would be something else wrong with them! :-)
So, nothing worthwhile to say to dismantle my arguments then?
Yes, plenty, but not worth my time replying to you.
And yet, you did on more than one occasion with sarcasm, but with nothing substantive. Rather says it all.
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