The all things EV chat thread

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Why is there such heavy depreciation on EV's? My theory is that the majority of new registrations are company car drivers who take them because of the tax benefits but people that buy 2nd hand cars aren't that interested in them hence the glut of used EV's for sale.
 

bobmac

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Why is there such heavy depreciation on EV's? My theory is that the majority of new registrations are company car drivers who take them because of the tax benefits but people that buy 2nd hand cars aren't that interested in them hence the glut of used EV's for sale.
Isn't that good news for those who've said EVs are too expensive ?
 

PJ87

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Let's see how long it takes to get to market , even if they take off ev will still be a massive part of the future. It's more efficient to make electric to charge a battery than it is to make electric to make hydrogen to burn to move a car. So will be reserved for haulage and longer distance drivers
 

PJ87

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EV'S as they stand atm are OK as a city car, that's about it.
Otherwise, they are an expensive stopgap until better technology is developed & proven.

They are a great city car yes but too many people write them off as anything but that. 250 miles mine gets.
Ample family car day trip range.

Tesla's are outstanding motorway cars and their charging network is second to none..

If you don't have a way to drive at home, work or for free on the side of road don't get one ATM.

If your driving 300 miles a day without a stop their not suited

However those are the minority of drivers.

The average driver does 20 miles a day
 

BubbaP

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Why is there such heavy depreciation on EV's? My theory is that the majority of new registrations are company car drivers who take them because of the tax benefits but people that buy 2nd hand cars aren't that interested in them hence the glut of used EV's for sale.
Agree with your theory and would add I think the forecourt prices are artificially inflated as they know this, plus trying to recoup R&D costs I suppose. Will see if the expected Chinese EV influx drives the new prices down.
To some extent I think the 2nd hand prices are 're-balancing' from the above. When I collected ours, there were 12 others being collected on same day which was a bit of a surprise, and it isn't a big operation.
 

PJ87

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Agree with your theory and would add I think the forecourt prices are artificially inflated as they know this, plus trying to recoup R&D costs I suppose. Will see if the expected Chinese EV influx drives the new prices down.
To some extent I think the 2nd hand prices are 're-balancing' from the above. When I collected ours, there were 12 others being collected on same day which was a bit of a surprise, and it isn't a big operation.

MGs have forced the price of second hand EVs very low because they undercut everyone

Tesla slashed their new prices which in turn reduced the second hand prices

Your very correct about trying to recoup R&D aswell.

On top of that EVs were costly but discounted by gov originally. So they put the price higher to max profit as greed always wins.

We will see it level out over the next decade
 

BubbaP

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EV'S as they stand atm are OK as a city car, that's about it.
Otherwise, they are an expensive stopgap until better technology is developed & proven.
Agree although there may be different definitions of 'city car'. I live on a single track road where you often hear sheep or cows if the windows are open (although currently just the neighbours noisy sit on mower 🤬). Nearby big villages are 6 to 7 miles, market town is 8 miles, city 13 miles. Few local roads were you can exceed 50 for various reasons, and it feels like almost every village has applied for the 20 mph restrictions - so early days but seemingly quite suited (for local stuff).
 

PJ87

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Agree although there may be different definitions of 'city car'. I live on a single track road where you often hear sheep or cows if the windows are open (although currently just the neighbours noisy sit on mower 🤬). Nearby big villages are 6 to 7 miles, market town is 8 miles, city 13 miles. Few local roads were you can exceed 50 for various reasons, and it feels like almost every village has applied for the 20 mph restrictions - so early days but seemingly quite suited (for local stuff).

That's perfect EV life.

I left work with 100% the other night. 25 mile drive home. I got home with 94% charge (speer limit is in the main 50 mph)

Of a usable 64.8 kw battery

3.89kw used

Very efficient and cheap
 

bobmac

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EV'S as they stand atm are OK as a city car, that's about it.
I think many Tesla owners would disagree like the owner of a Model 3 performance June 2020, four door, family saloon with a range of 329 miles, 0-60 in 3.2 seconds, 425L boot and in its short life has covered 135,000 miles. Yours for only £17,164.
For comparison, that's faster than a Ferrari Portofino which, for the same year (2020) would start at £125,000
 
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I think many Tesla owners would disagree like the owner of a Model 3 performance June 2020, four door, family saloon with a range of 329 miles, 0-60 in 3.2 seconds, 425L boot and in its short life has covered 135,000 miles. Yours for only £17,164.
For comparison, that's faster than a Ferrari Portofino which, for the same year (2020) would start at £125,000

£18k for a car that’s 4 years old but has done 135,000 miles ?!?

That’s ridiculous
 

PJ87

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It proves the point perfectly that EVs are not just good for short journeys

Very much looking forward to may. We are going to see My mate in bath. 150 mile drive so we will be using the charge network.

There is a charger a 5 min drive (2 mins walk) from our premier inn

My mates also said I can plug in the socket in her garage on the Saturday we arrive until we take the kids to the hotel later that day.

I'm thinking Sunday night dump the car at the charger. Take the kids to the hotel and when their asleep go move it to the hotel car park.

That's if we don't charge on the way down when we stop for lunch
 
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It proves the point perfectly that EVs are not just good for short journeys

It just costs a small fortune for a EV that you can use for longer journeys


How much is a new Tesla compared to standard 5 door family ICE car
 

cliveb

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That's perfect EV life.

I left work with 100% the other night. 25 mile drive home. I got home with 94% charge (speer limit is in the main 50 mph)

Of a usable 64.8 kw battery

3.89kw used

Very efficient and cheap
You did 25 miles using just under 4kWh?
That's over 6 miles per kWh.
Is your drive home mainly downhill?
 

PJ87

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You did 25 miles using just under 4kWh?
That's over 6 miles per kWh.
Is your drive home mainly downhill?

It was a very efficient drive home, going to work is more up hill yes so less efficient to work. Coming home getting onto the a406 is very slow and very downhill (muswell hill) so you see 7 miles per kWh on the display until you get on the north circular.

Then it's mainly 50mph all the way home using the adaptive cruise control so very efficient.

Getting to work on the other hand used 9% for the same 25 miles in reverse so that's 2 extra kWh to get to work

10kwh is a round trip at the moment. 15% battery which if that related to a full charge would be 333 miles which isn't unheard of in that car amongst owners.
 

bobmac

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Captain Black said EVs were ok as city cars, I just gave an example of an EV that will travel great distances with ease.
How much is a new Tesla compared to standard 5 door family ICE car
I couldn't find a standard 5 door family ICE car that could match the performance of my £17k example.
But a standard Model 3 is about the same as a standard BMW 3 series
 

PJ87

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Captain Black said EVs were ok as city cars, I just gave an example of an EV that will travel great distances with ease.

I couldn't find a standard 5 door family ICE car that could match the performance of my £17k example.
But a standard Model 3 is about the same as a standard BMW 3 series

5 door family EV now 15 k second hand 3 years old

Petrol cars of the same brand I was seeing 17-19k so similar prices.
 
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Captain Black said EVs were ok as city cars, I just gave an example of an EV that will travel great distances with ease.

I couldn't find a standard 5 door family ICE car that could match the performance of my £17k example.
But a standard Model 3 is about the same as a standard BMW 3 series


Suspect that any BMW or equivalent ICE car that’s done that level of mileage will be around another 5 years older and half the price

For £18k you can get a 3 year old BMW with just 22,000 on the clock
 
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