Uptake is poor locally. There’s 5 within 3 miles, and around 7 more at around 8 miles across 3 other towns. I’ve not seen any home chargers but I expect there’s a good few.
The all things EV chat thread
- Thread starter need_my_wedge
- Start date
Uptake is poor locally. There’s 5 within 3 miles, and around 7 more at around 8 miles across 3 other towns. I’ve not seen any home chargers but I expect there’s a good few.
Robster59
Tour Rookie
A little bit removed on Colin Chapmans original vision of "simplify and add lightness"I saw a Lotus Eletre, electric car, this afternoon. Lovely looking car but huge. £90-145kwow
JonnyGutteridge
Newbie
I saw a Lotus Eletre, electric car, this afternoon. Lovely looking car but huge. £90-145k
I went up to Hethel for a day to look at their factory and get some lowdown on the Eletres, as my company underwrites the branded Lotus Insurance product.
Whilst the Eletres are made in China, not Norwich, they are impressive. They are also absolutely massive!
The Eletre R is particularly mad, 0-60 in 2.9secs, 900+ bhp, and it weights 2.6tonnes or something silly!
I’d rather have an Emira!
AliMc
Well-known member
I don't have much of an issue with EV's if folk like them fair enough but personally I don't like them, as a customer of Clellands of the Borders Volvo I kept getting invited to an EV event so I went along and had a test drive in a couple, they were both very nice, well put together but for me totally soulless, like driving an iphone if such a thing exists and don't start me on the hideous laptop stuck on the dashboard, although this probably exists on new ice cars too I assume, to wean myself back to my normality my mate took me for a spin in his Alfa Guilia 2.9 bi-turbo V6, now that's a car, don't read the following if you're easily offended but I was almost getting a semi when he started it up, if I'm lucky enough to win big on the lottery or premium bonds I know where I'm headed 
@AliMc I'm afraid to say that other Volvo's also have the huge central touchscreen. A friend has a petrol xc40, lovely car, but even he doesn't like that aspect of it
AliMc
Well-known member
Yeah I know LT, I've got a my19 xc40 and mine has the info system integrated into the centre console, it's much much nicer than the newer ones
Burnsey
Well-known member
It's generational.
My car has virtually no buttons and it's 50/50 who likes/hates it.
I get in my car, ask it to wind down my window to 40% and it does, set the heating to 22 degrees and it does, turn the volume on the radio up, or down and it does.
It's evolution and if you want a new car, what you need to accept.
My car has virtually no buttons and it's 50/50 who likes/hates it.
I get in my car, ask it to wind down my window to 40% and it does, set the heating to 22 degrees and it does, turn the volume on the radio up, or down and it does.
It's evolution and if you want a new car, what you need to accept.
D
Deleted member 35927
Guest
I'm not sure a 1.6 diesel astra has much of a soul either tbh.I don't have much of an issue with EV's if folk like them fair enough but personally I don't like them, as a customer of Clellands of the Borders Volvo I kept getting invited to an EV event so I went along and had a test drive in a couple, they were both very nice, well put together but for me totally soulless, like driving an iphone if such a thing exists and don't start me on the hideous laptop stuck on the dashboard, although this probably exists on new ice cars too I assume, to wean myself back to my normality my mate took me for a spin in his Alfa Guilia 2.9 bi-turbo V6, now that's a car, don't read the following if you're easily offended but I was almost getting a semi when he started it up, if I'm lucky enough to win big on the lottery or premium bonds I know where I'm headed
AliMc
Well-known member
No I don't suppose they have but I was talking about cars costing well in excess of £40 as tested so kind of irrelevant I would have thought
D
Deleted member 35927
Guest
It's a volvo
spongebob59
Journeyman Pro
Electric cars are crashing in value with some worth as little as a third of their original price after just 12 months. The Mail has the story.
EVs in general have suffered catastrophic depreciation since the end of 2022 when a cocktail of issues sent used prices into a downward spiral.
This perfect storm hit almost simultaneously, involving a cost-of-living crisis, rocketing energy prices, hard-hitting media coverage of EVs, an oversupply of vehicles entering the second-hand market, and Tesla slashing new model prices.
It quickly brewed into a destructive tornado for used electric car values.
Three years later, this punishing depreciation is still hitting EV values – and to the tune of tens of thousands of pounds for owners who bought them outright and leasing and financing companies burdened with undervalued vehicles, according to data shared with This is Money and MailOnline.
Cap hpi – experts in the field of vehicle pricing – provided us with market information showing troubling EV residual values compared to cars of other fuel types, while also revealing the models that haemorrhage the most money after only 12 months.
To understand what’s stalling a recovery for second-hand EV prices, we also spoke to industry insiders to get their perspective on the crippling impact for the motor sector.
EVs in general have suffered catastrophic depreciation since the end of 2022 when a cocktail of issues sent used prices into a downward spiral.
This perfect storm hit almost simultaneously, involving a cost-of-living crisis, rocketing energy prices, hard-hitting media coverage of EVs, an oversupply of vehicles entering the second-hand market, and Tesla slashing new model prices.
It quickly brewed into a destructive tornado for used electric car values.
Three years later, this punishing depreciation is still hitting EV values – and to the tune of tens of thousands of pounds for owners who bought them outright and leasing and financing companies burdened with undervalued vehicles, according to data shared with This is Money and MailOnline.
Cap hpi – experts in the field of vehicle pricing – provided us with market information showing troubling EV residual values compared to cars of other fuel types, while also revealing the models that haemorrhage the most money after only 12 months.
To understand what’s stalling a recovery for second-hand EV prices, we also spoke to industry insiders to get their perspective on the crippling impact for the motor sector.
Burnsey
Well-known member
However, the majority are leased, so the user can send back at a given time and residuals therefore do not make a difference. As long as the user can afford the monthly repayments throughout the term, it works for them.
D
Deleted member 35927
Guest
Stuff depreciates in value. Many things I have owned I have lost 100% of the value , including cars.
With very few exceptions cars are not an investment, whether you lease or buy outright you're losing money.
The upside is that there are some excellent deals to be had on some really good cars.
The article comes across as ai slop , which is pretty much the DM all over.
Burnsey
Well-known member
To be fair, you don't lose anything leasing. You are paying for usage - hiring - only a loss if you're paying too much. Yes, you have to maintain, insure etc, but more a cost than depreciation.
You point regarding the deals is the motivator for sure in most cases, be that big discounts, or low APR etc.
The depreciation debate affects all vehicles, irrespective of what is or isn't under the hood.
D
Deleted member 21784
Guest
You can get some even better deals leasing aswell , maintenance is an option on all leasing so it's just one cost however some schemes (including my work one) include insurance which was key for me. So my net cost is £475 on average (435 first year 450 second 475 third and £490 last 2 months due to bik tax) However that includes the car itself (with zero down I might add) all tyres, all servicing, all tax. All MOT (if you got to that age) hire car if needed and all insurance
The only costs on top of your money are
Washer fluid between services
The electric to run it
Insurance excess (£250) if you did have an accident
The deal my company got (and some others do in leases) is a free charger installed aswell which is good for those who don't have them
That's outstanding value .. plus reduces my tax bill dramatically
D
Deleted member 35927
Guest
It's still a cost though. Leasing really just gives people the option to use a car they probably can't afford to buy outright.
Wether it's a loss on resale value or what you spend on the lease over 3 years . It all costs in the end
Burnsey
Well-known member
Not disagreeing, but it is a cost, not a loss.
That's why the depreciation 'argument' is somewhat of a damp squibb and often used for anti EV peeps to throw into a discussion. All cars need maintenance, insurance, tax etc.
I was sort of supporting the EV - I must be unwell today
D
Deleted member 21784
Guest
Not disagreeing, but it is a cost, not a loss.
That's why the depreciation 'argument' is somewhat of a damp squibb and often used for anti EV peeps to throw into a discussion. All cars need maintenance, insurance, tax etc.
I was sort of supporting the EV - I must be unwell today
Yes I'm most confused by this welcome support today burnsey
Having this scheme through work does make me question if I should buy my niro at the end of the PCP for 22k (will be 3 years old with 4 years left on warranty) or if I lease 2 of them for even more tax savings .. once I sell my wife's car the 22k will be there so the money isn't the issue.
Might be a case of buying it and then when the Skoda lease is up just go all in for an EV9 which is about £750 a month after tax but a massive car for the kids when they bigger or the EV5 by then hopefully by then will be out and on scheme as that's a middle ground
How long can that go on with decent lease prices though? If depreciation is so heavy, lease prices will eventually catch up. The lease companies can't keep taking those loses.
Burnsey
Well-known member
Yes I'm most confused by this welcome support today burnsey
Having this scheme through work does make me question if I should buy my niro at the end of the PCP for 22k (will be 3 years old with 4 years left on warranty) or if I lease 2 of them for even more tax savings .. once I sell my wife's car the 22k will be there so the money isn't the issue.
Might be a case of buying it and then when the Skoda lease is up just go all in for an EV9 which is about £750 a month after tax but a massive car for the kids when they bigger or the EV5 by then hopefully by then will be out and on scheme as that's a middle ground
If ICE cars had the same tax benefits, I would say EV's would struggle more, so it is a planned method of transition.
I choose a car for my own reasons and not ashamed to say that's includes looks and performance. If an EV came along with both those things I liked, that would halp me look at them more than today. When I say performance, I still have a need for the sound of an ICE car - that's just me being honest.
If I was in a situation to get me from a reasonably short A to B and monthly cost was my motivator, I would be driving an EV of some sort for sure.
Up the EV's
