• The Forums are now open to new registrations, adverts are also being de-tuned.

The EV fact thread

Ha ! Rollin' Coal . I thought it was just a USA thing , most of my work last year took me to America and I have seen the pick up's 'equipped' with such 'modifications' . Police over there take a dim view of it.

The MB in this photo appears to be elsewhere.
 
The only thing that would make the first bus video complete would be an over zealous London parking inspector entering right of screen and slapping a ticket on the bus windscreen for stopping in a no stopping zone :p


To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.
 
May as well pop John on here as well while we are at it . Pick the facts you want and ignore the rest.

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.
 
I saw a good interview with the CEO of Hertz.
They have no problem with EVs - but they do have a problem with their residual values & accident repair costs.
We ordered our Tesla Model 3 in April 2022 and it was delivered in November 2022.
In December - Tesla slashed the price to achieve year end sales and then in January 2023 they slashed the prices further.
I could have bought one in January 2023 for about £10,000 less than I paid for mine.
As a private buyer - this makes little difference to me - as i intend to keep my car for a few more years.
Rental companies (many of which are owned by car manufacturers) make their money by negotiating a big discount for a large car order, runnnig these cars for a year or two earning good rental income and then selling them on for around the same money they paid for them.
When Tesla slashed their prices for new cars - this left Hertz with cars at much lower residual value than they were expecting.
Also when a Tesla is damaged in an accident (or any other EV) - there seem to be less competent body shops that are happy or properly equipped to repair them - causing much higher repair costs.
Servicing costs are still definitely lower but replacement tyres cost more.
Hertz have a deal with Uber in USA which is great value for Uber drivers.
The CEO expects to reintroduce more EVs again in the future - when prices stabilise more and there are more choice of models and lower accident repair costs.
 
A retired friend of mine who lives in Devon was looking at replacing his 3 litre TDi Audi with a used Tesla ... the cheapest insurance quote he got was almost 3 times what he pays for the Audi.
 
A retired friend of mine who lives in Devon was looking at replacing his 3 litre TDi Audi with a used Tesla ... the cheapest insurance quote he got was almost 3 times what he pays for the Audi.
Equal value? Equal performance? Compared to what was last paid on the Audi or what it would cost now? Driving record unchanged since last renewal on the Audi? I feel we would need a bit more info before we could draw any conclusions (though my own insurance has indeed gone up significantly over the last year)
 
A retired friend of mine who lives in Devon was looking at replacing his 3 litre TDi Audi with a used Tesla ... the cheapest insurance quote he got was almost 3 times what he pays for the Audi.

The same with the Teslas we have at work... not sure why it's so expensive to insure them.

No issues with the more mundane marques we have, this includes EVs from Å koda, Hyundai, and BMW, some insured with Admiral some with LV, the premium costs are very similar to that of ICE cars.

Maybe Teslas are more expensive to repair? Or maybe they are driven by knobs... :D (present company excluded, of course)
 
I saw a good interview with the CEO of Hertz.
They have no problem with EVs - but they do have a problem with their residual values & accident repair costs.
We ordered our Tesla Model 3 in April 2022 and it was delivered in November 2022.
In December - Tesla slashed the price to achieve year end sales and then in January 2023 they slashed the prices further.
I could have bought one in January 2023 for about £10,000 less than I paid for mine.
As a private buyer - this makes little difference to me - as i intend to keep my car for a few more years.
Rental companies (many of which are owned by car manufacturers) make their money by negotiating a big discount for a large car order, runnnig these cars for a year or two earning good rental income and then selling them on for around the same money they paid for them.
When Tesla slashed their prices for new cars - this left Hertz with cars at much lower residual value than they were expecting.
Also when a Tesla is damaged in an accident (or any other EV) - there seem to be less competent body shops that are happy or properly equipped to repair them - causing much higher repair costs.
Servicing costs are still definitely lower but replacement tyres cost more.
Hertz have a deal with Uber in USA which is great value for Uber drivers.
The CEO expects to reintroduce more EVs again in the future - when prices stabilise more and there are more choice of models and lower accident repair costs.

A few years back, someone at work got a top-of-the-range model X for £80k, the RRP was £120k, it was a year-end or something - I was unable to verify the details at the time, but if this is true that it proves your point.
 
Equal value? Equal performance? Compared to what was last paid on the Audi or what it would cost now? Driving record unchanged since last renewal on the Audi? I feel we would need a bit more info before we could draw any conclusions (though my own insurance has indeed gone up significantly over the last year)

LOL .....

No one expects the Spanish inquisition.
 
The same with the Teslas we have at work... not sure why it's so expensive to insure them.
Apparently they are more expensive to repair however the biggest bug bear is the availability or rather lack of parts requiring long periods of hire car usage, some reports saying months as opposed to a couple of weeks.
 
Instead of a Tesla? Other brands of EVs are also available, you know.... :D
 
I saw a good interview with the CEO of Hertz.
They have no problem with EVs - but they do have a problem with their residual values & accident repair costs.
We ordered our Tesla Model 3 in April 2022 and it was delivered in November 2022.
In December - Tesla slashed the price to achieve year end sales and then in January 2023 they slashed the prices further.
I could have bought one in January 2023 for about £10,000 less than I paid for mine.
As a private buyer - this makes little difference to me - as i intend to keep my car for a few more years.
Rental companies (many of which are owned by car manufacturers) make their money by negotiating a big discount for a large car order, runnnig these cars for a year or two earning good rental income and then selling them on for around the same money they paid for them.
When Tesla slashed their prices for new cars - this left Hertz with cars at much lower residual value than they were expecting.
Also when a Tesla is damaged in an accident (or any other EV) - there seem to be less competent body shops that are happy or properly equipped to repair them - causing much higher repair costs.
Servicing costs are still definitely lower but replacement tyres cost more.
Hertz have a deal with Uber in USA which is great value for Uber drivers.
The CEO expects to reintroduce more EVs again in the future - when prices stabilise more and there are more choice of models and lower accident repair costs.

If I bought a new car with private cash and then the manufacturer slashed the price by 10k it wouldn't take an EV battery fire to make my piss boil ! Fair play being so philosophical !
 

Users who are viewing this thread

Back
Top Bottom