Negotiating deals impossible??

[rf065]

This is one of the reasons that the manufactures are not selling enough EVs to make the numbers required to meet the punitive regulations coming in and they need them softened.

Ford announced this week that 800 workers will be laid off as sales of their EV's in the UK are just not happening.
One of the motoring journos bought a new Mercedes EQS for £85,000 - after 3 months and 2000 miles he asked for a trade in price and was told £42,000!
And to top it all, the last report I read said diesel car sales are increasing!

 

[aofelix]

Ford announced this week that 800 workers will be laid off as sales of their EV's in the UK are just not happening.
One of the motoring journos bought a new Mercedes EQS for £85,000 - after 3 months and 2000 miles he asked for a trade in price and was told £42,000!
And to top it all, the last report I read said diesel car sales are increasing!

How did he get it for £85k?
I'm still trying to decide if my deal is good or not lol.


1k down, £950/month. 48 months.
44K to buy at end of 48 months (outstanding balance, 0% APR, 0% interest)
£95k total value can claim for £25k tax
£2.5-4k claimable tax for 4 years


I'm still confused if I had tonnes of room to manoeuvre or not re: price. Not sure how he managed to get it for £85k. It was £106k RRP business model.

 

[BTB 500]

And to top it all, the last report I read said diesel car sales are increasing!

The SMMT publishes new car registration figures monthly, for the previous month and year-to-date. BEV market share for 2024 so far is running at 18.1%, up from 16.3% for the same period in 2023. Hybrids have also increased market share, but petrol and diesel are down (availability of these models has reduced as manufacturers try to avoid being fined for failing to meet the government's 22% market share target for BEVs this year).

Car Registrations

SMMT is the country’s primary source of data on the motor industry. Click here for the SMMT car registrations data published monthly

www.smmt.co.uk

 

[markjay]

...Whatever view - it's not really a healthy market where a S Class or Taycan is effectively being subsidised by the UK tax payer. The government should have capped the subsidy.

I can understand the reluctance to subsidise EVs, and Net Zero, and other 'green' initiatives, but I am not sure why some models should be treated differently to others?

If you don't subsidise EVs at the top end of the market, then the people who buy or hire them will get a petrol or Diesel car instead, and with a big V6 or V8 engine.

Again, I can understand the argument against subsidising EVs in general, but if we are subsidising EVs, then it make no sense to incentivise transition to EVs only for the low end of the market, while leaving the luxury end to ICE cars.