The EV fact thread

[MikeInWimbledon]

Cheap new EV ? Boy have we got a deal for you ! 223 mile range, 4 seater, perfect replacement for a Fiesta. Call it £14k if you ask the salesman nicely.

View attachment 152910

But personally I'd keep £5,000 in your pocket and go for this instead.

Cheap little cars are such fantastic bargains these days, aren't they? (233 mile range and just 3p a mile from an off-peak charger.)

 

[Bellow]

Cheap new EV ? Boy have we got a deal for you ! 223 mile range, 4 seater, perfect replacement for a Fiesta. Call it £14k if you ask the salesman nicely.

View attachment 152910

That isn't new. It has 5000 miles on it.
Back in 2017 (a touch after the period MY was discussing) Fiestas' RRPs started at £13500. Kas started at £9000.
Your Zoe gets closer, but if we were comparing it to year old Fords?....

 

[Bellow]

But personally I'd keep £5,000 in your pocket and go for this instead.

Cheap little cars are such fantastic bargains these days, aren't they? (233 mile range and just 3p a mile from an off-peak charger.)

View attachment 152911

£32k new.

Cars & Vans, Electric & Hybrid - Renault UK

Explore Renault's range of cars, vans and electrified vehicles built for comfort and driving pleasure. Discover personal & business finance offers.

www.renault.co.uk

 

[davymead]

My circle of friends with many involved in the vehicle trade are somewhat morbidly fascinated with the whole EV used car picture at the moment. As said a pre registered EV stripped of it‘s initial tax break incentive is basically a complete lemon to market. Nowadays any dealer without manufacturers backup will supposedly be sat watching their stock devalue on a daily basis. How can you ‘trade’ purchase a lightly used EV to sell on.

 

[BTB 500]

Save £30k ? Pah ! Not when you can save £36k off the price of a £76.5k Volvo !

Bargain

A good deal. It's done 16 times the mileage of that Polestar though, and depreciated less as a percentage of the list price when originally registered.

 

[markjay]

Weren't Fiesta's available for half of that until quite recently?

Not according to Google:

And the £20k base Duster Sprint is quicker on the 0-60 dash than the £20k base Ford Fiesta (by around 4 seconds).

 

[MikeInWimbledon]

£32k new.

Cars & Vans, Electric & Hybrid - Renault UK

Explore Renault's range of cars, vans and electrified vehicles built for comfort and driving pleasure. Discover personal & business finance offers.

www.renault.co.uk

Exactly, you're saving a fortune, thanks to the huge tax break you gave the first owner.

List price was £30k new in 2021, after the Government grant, but nobody actually paid that, did they?

Affordable Electric Car of the Year 2021: Renault Zoe | Auto Express

The Renault Zoe is the 2021 Auto Express Affordable Electric Car of the Year, with the Fiat 500 and MG 5 commended

www.autoexpress.co.uk

What's not to like? It's like buying a used Sierra or Mondeo.

You said you wanted a cheap runaround.

Now, what can we do to get you into this vehicle today, Sir ? £10k and it's on your driveway?

 

[MikeInWimbledon]

Not according to Google:

And the £20k base Duster Sprint is quicker on the 0-60 dash than the £20k base Ford Fiesta (by around 4 seconds).

Nah, 2019 Fiesta Zetec was £16k asking, but again nobody paid that. You either got a discount, or more likely a hidden discount in a PCP package.

Obviously the Fiesta is a FAR better car than the Zoe, but it's 15p a mile not 3p for home charging. That's a grand a year difference.

 

[Bellow]

Not according to Google:

Prices have obviously risen in the intervening 6 years.

And the £20k base Duster Sprint is quicker on the 0-60 dash than the £20k base Ford Fiesta (by around 4 seconds).

Not what I found.

dacia spring 0-60 - Google Search

19.4s to 100kmh for the Spring. Pips the Fiesta by close to 5s. Chances are, the Spring's step-off is decent enough courtesy of its electric drivetrain, but at open road speeds it will be tardy - possibly dangerously so.
0-60mph in 10.5s with 45hp and a 1000kg kerb weight aint happening. First gen fortwos took 14-15s with 60hp and 730kg.
I do commend Dacia for trying to make 'smaller' work and around town probably fine. But as a genuine open road replacement for the Fiesta - nah.

 

[Bellow]

Exactly, you're saving a fortune, thanks to the huge tax break you gave the first owner.

From the perspective of its current owner - not cheap at all with that depreciation.

List price was £30k new in 2021, after the Government grant, but nobody actually paid that, did they?

Affordable Electric Car of the Year 2021: Renault Zoe | Auto Express

The Renault Zoe is the 2021 Auto Express Affordable Electric Car of the Year, with the Fiat 500 and MG 5 commended

www.autoexpress.co.uk

What's not to like? It's like buying a used Sierra or Mondeo.

But smaller. Much smaller.

Now, what can we do to get you into this vehicle today, Sir ? £10k and it's on your driveway?

''What driveway?''

 

[MikeInWimbledon]

From the perspective of its current owner - not cheap at all with that depreciation.

But smaller. Much smaller.

''What driveway?''

Can i interest you in a driveway, Sir ?

(Nah, forget it, the Fiesta Zetec is much better. Who wants to save a grand a year on fuel, plus the tax etc etc.)

 

[Noitz]

I think it may be time to invest in some copper stocks.

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[markjay]

I think it may be time to invest in some copper stocks.

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Last year someone on the IONIQ 5 forum reported that his charging cable was stolen. Apparently there's no need to cut it, the cable lock is part of the plastic housing and brute force will easily break it. He was wondering at the time if these were metal thieves, or perhaps the charging cable was the target i.e. to be sold on eBay. They are sold for £150-200 when new.

 

[markjay]

Lords Committee report reveals that the UK’s EV strategy needs a ‘rapid recharge’ | RAC Drive

A Lords Committee report on the current state of the EV industry has stated that urgent changes are needed for the UK to meet its net zero emissions targets.

www.rac.co.uk

"The Government’s report stated that there are six main issues facing the EV sector:

* EVs make up about only 3% of all cars currently on UK roads

* EVs are still more expensive than their petrol and diesel counterparts

* The availability of public charge points across the UK is highly variable

* Drivers’ anxiety over EV charge reliability and affordability

* Lack of clear communication and leadership from the Government

* The scale of misinformation and lack of tackling this from Government and industry"

This last one is self-evident...........

 

[Bobby Dazzler]

Of course not, the point is that cars like these were counted as new EV registrations 12 months ago when in reality they have yet to be sold, even at hugely reduced prices. They're not used ex fleet/hire cars where this sort of depreciation is normal ... these are essentially new vehicles that would normally sell 'from stock' within a month or so at a moderate discount against list price.

It’s not just an EV thing. Cars which sell mostly to fleets have always required heavy discounting in order to sell brand new to private buyers, and often ended up as pre-registered cars at car supermarkets.

Using the same Vauxhall Omega example as @markjay my father in law bought a delivery miles per-registered Vauxhall Omega 2.5 CD with a list price of c£24k. He paid £10k for it, delivery miles.

A year later he was part-exchanging it to the same dealer and I stopped the deal and bought it for what the dealer had offered him, which was £5,400. I just checked, and it had covered 10,675 miles.

He bought it pre-registered with deivery miles for <42% of the list price. I bought it from him a year later for <23% of the list price with <11k miles (and it was just serviced by Vauxhall too).

 

[Bobby Dazzler]

Blimey. An unusually quiet day for this thread

 

[markjay]

...Using the same Vauxhall Omega example as @markjay my father in law bought a delivery miles per-registered Vauxhall Omega 2.5 CD with a list price of c£24k. He paid £10k for it, delivery miles...

And I thought I bagged a smashing deal... now I feel robbed

Back in 2001, I paid £14k for my 2.6L CDX (higher spec ) at 6 months old with 6000 miles on the clock. The RRP was £26k.

Run it for 7 years, then got £1,000 for it in part-exchange (same dealer) against the W203.

 

[Bobby Dazzler]

And I thought I bagged a smashing deal... now I feel robbed

Back in 2001, I paid £14k for my 2.6L CDX (higher spec ) at 6 months old with 6000 miles on the clock. The RRP was £26k.

Run it for 7 years, then got £1,000 for it in part-exchange (same dealer) against the W203.

Blooming loved those cars. They were superb value for money. They weren’t far behind the E39 5-Series - but at a fraction of the real world cost - which is high praise indeed.

Oh, and you could pretend to be a traffic office on Police, Camera, Action! The V6 models sounded great and were the unofficial soundtrack to the programme.

 

[Dryce]

Lords Committee report reveals that the UK’s EV strategy needs a ‘rapid recharge’ | RAC Drive

A Lords Committee report on the current state of the EV industry has stated that urgent changes are needed for the UK to meet its net zero emissions targets.

www.rac.co.uk

"The Government’s report stated that there are six main issues facing the EV sector:

* EVs make up about only 3% of all cars currently on UK roads

* EVs are still more expensive than their petrol and diesel counterparts

* The availability of public charge points across the UK is highly variable

* Drivers’ anxiety over EV charge reliability and affordability

* Lack of clear communication and leadership from the Government

* The scale of misinformation and lack of tackling this from Government and industry"

This last one is self-evident...........

Unless the report itself is spreading misinformation with the two fundamental points I highlighted.

I think the scale of misinformation in government is less self-evident. Government has ended up supporting a subsidised market of expensive heavy nice EVs for those who can afford them - leaving the majority in a disadvantaged situation coerced to pay over the odds for inferior vehicles.

There has to be better way.

 

[Connoisseur]

Unless the report itself is spreading misinformation with the two fundamental points I highlighted.

I think the scale of misinformation in government is less self-evident. Government has ended up supporting a subsidised market of expensive heavy nice EVs for those who can afford them - leaving the majority in a disadvantaged situation coerced to pay over the odds for inferior vehicles.

There has to be better way.

Am not sure about that tbh. UK Govt currently subsidising ICE fuel with £Billions each year, through tax breaks and production subsidies, with no end in sight. At the same time ev support at the user end is disappearing fast. Govt behave as though carbon fuels are the only future, which they really aren’t. Its money is going to these energy companies; economics of the madhouse and poisonous misinformation by Govt to back their actions up..