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Subject Topic: Electric cars
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Message posted by Jim197715/12/2020 at 12:42pm
Outfit:  Karsten 380 Veranda and RA     Location:  Leicestershire
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Very clever stuff. i had a Prius for years (not plug in) and it did my head in trying to keep it in electric mode. I imagine the PHEVís must be much better at staying in pure EV mode. Weíre lucky that pure EV works for our circumstances, have to say I love how they drive.

Message posted by daveyjp15/12/2020 at 10:02pm
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Just watched a review of the new Mustang Mach-e. A definate rival to the Tesla Y and I'd rather a Ford than a Tesla, but its almost £50,000 and the centre screen is hideous.

Message posted by Jim197716/12/2020 at 7:26am
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Iím looking forward to the Toyota BZ, the Hyundai Ioniq 5 and as yet unrevealed KIA sister product. These will effectively fill the slot of EV versions of the RAV4, Tucson and Sportage and Iím sure will be able to tow a camping trailer and have a big boot too.

No doubt these will be in the £40,000 plus bracket sadly, but with the long warranties from these brands hopefully a 3 year old one will be more on budget.

There is also the Nissan Ariya, Skoda Enyaq and VW ID4, again all look great but as above with cost, these would all be out of warranty at 3 years old so not as appealing as the Toyota or Korean models.

Message posted by bessie50016/12/2020 at 11:48am
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Quote: Originally posted by Jim1977 on 16/12/2020
Iím looking forward to the Toyota BZ, the Hyundai Ioniq 5 and as yet unrevealed KIA sister product. These will effectively fill the slot of EV versions of the RAV4, Tucson and Sportage and Iím sure will be able to tow a camping trailer and have a big boot too.

No doubt these will be in the £40,000 plus bracket sadly, but with the long warranties from these brands hopefully a 3 year old one will be more on budget.

There is also the Nissan Ariya, Skoda Enyaq and VW ID4, again all look great but as above with cost, these would all be out of warranty at 3 years old so not as appealing as the Toyota or Korean models.



A high spec Rav4 hybrid is 40k, it's suprising how expensive all new cars are now

Bessie


Message posted by daveyjp16/12/2020 at 12:27pm
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A Yaris now starts at almost £20k, crazy money.

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Message posted by Jim197716/12/2020 at 1:11pm
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New prices are crazy arenít they. I guess many are just looking at the monthlies on a lease or PCP and the overall price is not a concern.

I actually bought my EV unseen from auction. Bit risky I guess but used a well regarded company Ecocars.net, Jonathan Porterfield is well known in EV circles. Under 15K though for a 2 year old 30kWh Soul EV with 5 years warranty left (that was over a year ago).

As you say, less than a new Yaris at £20K and as much warranty, but bigger car and a pittance to run even compared to a Yaris

Message posted by Francais17/12/2020 at 6:53am
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Yep Jim1977 I often wonder about new car prices, the firm I work for went through a phase of changing my company car every four months or 8k miles which ever came first, the cars were provided to us by a car hire company.

The firm had over 100 cars in the fleet, all BMW 1 series, nice little car donít get me wrong and all were petrol automatics.

The list price for the P11D was £30k, but when we handed the car back it would go into storage, and then appear at one of the discounters like motorpoint almost a year later with the same mileage but with a price tag of £15k or so.




Message posted by Jim197717/12/2020 at 10:48pm
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Francais, wonder why they store them for so long?

My approach is to buy at 2-3 years old when a large chunk has already depreciated. Often my personal loan will be a similar monthly amount to a lease or PCP had I opted for new, but I own the car at the end without having to hand it back or pay a balloon payment. If itís been a good reliable car the bonus is keeping it for a few more years once the loan is paid off. I also feel you have more control this way. You can sell when you feel like it not when you are contracted to. I do sometimes think there would be money to be saved running even older cheaper cars, but I tent to opt for changing again for something newer and safer as you canít put a price on that and cars do get safer all the time.

Message posted by Colin2117/12/2020 at 11:20pm
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Well older cheaper cars have done me alright for years. My current one is 13 years old next month. The Volvo I sold 18 months ago is still going strong at nearly 21 years old. Just passed another MOT and 213,000 miles on the clock. Older cars aren't what they used to be.


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Colin

Message posted by Jim197718/12/2020 at 6:53am
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Thanks Colin thatís interesting to hear. I would have thought with all the electric gadgets and systems these days they could become a nightmare of gremlins so thatís good to know. I guess it depends on the brand too. I guess too, if you factor in say £1500 of depreciation each year on a 3 year old car, youíd be unlucky to spend that on repairs on the older car every year with average luck.

We have got a 6 year old Nissan Leaf and a 7 year old Honda CRV, not a single issue with either yet. Maybe I should hold my nerve and run them for longer...

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Message posted by Francais18/12/2020 at 7:34am
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Yep Jim1977, who know what goes on in the automotive world, so much smoke & mirrors itís a full on show.

The last time I had to buy a car was in the early 1980ís so I guess I have a fair amount of depreciation to make up for when I next buy a car, which will probably be 2026 at the earliest, so that will be over 45 years between buying cars for me.


Message posted by Colin2118/12/2020 at 11:08am
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Quote: Originally posted by Jim1977 on 18/12/2020
Thanks Colin thatís interesting to hear. I would have thought with all the electric gadgets and systems these days they could become a nightmare of gremlins so thatís good to know. I guess it depends on the brand too. I guess too, if you factor in say £1500 of depreciation each year on a 3 year old car, youíd be unlucky to spend that on repairs on the older car every year with average luck.

We have got a 6 year old Nissan Leaf and a 7 year old Honda CRV, not a single issue with either yet. Maybe I should hold my nerve and run them for longer...



I run a 2008 Nissan X Trail and it's a great tow car. It's now done 118,000 miles and the bodywork looks like a 3 year old car from the 1960s would have done. It's got all the bells and whistles as it's a top of the range model and so far everything still works. I had that old Volvo for 9 years and it still ran like a watch when I sold it. Probably the biggest expense I had on the Volvo was when the air-con compressor failed and cost me £800 to have fixed. Most years the repair costs were nil, only things like light bulbs, tyres etc, that are just consumables did I have to fork out for. It's significant I think that cars since the 1990s have had mileometers with 6 digits, whereas those made previously only had 5 digits. Very few cars back then lasted 100,000 miles, and many got scrapped before 80,000. These days 150,000+ is quite normal and many last a lot longer than that. Once cars reach the sort of age that I usually buy you don't even think about depreciation. You can often buy a car, run it for a couple of years then sell it for what you paid for it, or sometimes even more. When I was looking for my X Trail I found that the prices of newer cars were falling, as usual, but prices of older cars were actually rising and they still are. People are catching on and keeping them for longer, hence there are fewer for sale. Still plenty on the road though.


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Colin


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