Electric Vehicle Stuff

Second-hand electric car prices falling at faster and faster rate​



Electric vehicles (EVs) are losing value at an “unsustainable” rate as a slowdown in consumer demand sends used car prices tumbling, leasing companies have warned.
The glorious leaders of our new Socialist Nirvana are economically illiterate so probably unaware of the pending shit show in motor retail sector.
Used ICE cars will creep up in value as new ones are withdrawn from sale so as to avoid the fines from the sliding scale of electric/ice cars currently required. The falling numbers of new car sales will create " a black hole" (copyright Rachel Reeves) in the VAT take on new cars. Workers will be laid off and factories closed resulting in reduced N.I payments, taxes on profits and rates etc from the factory, reduced income tax from the workers, higher unemployment figures so increased benefits payments.
China will most likely fill the vehicle gap with their very much cheaper electric cars. Still as along as all that nasty greenhouse gas is produced over there or by the ships bringing the imports over then we can march onwards to Net Zero Nirvana here so all is just fine and dandy .
Approximately 1.9 million new cars sold in 2023 with say the average VAT on each @ £5k which brought in £9.5 billion to the exchequer last year. Any substantial drop in sales is going to hurt .
 
The glorious leaders of our new Socialist Nirvana are economically illiterate so probably unaware of the pending shit show in motor retail sector.
Used ICE cars will creep up in value as new ones are withdrawn from sale so as to avoid the fines from the sliding scale of electric/ice cars currently required. The falling numbers of new car sales will create " a black hole" (copyright Rachel Reeves) in the VAT take on new cars. Workers will be laid off and factories closed resulting in reduced N.I payments, taxes on profits and rates etc from the factory, reduced income tax from the workers, higher unemployment figures so increased benefits payments.
China will most likely fill the vehicle gap with their very much cheaper electric cars. Still as along as all that nasty greenhouse gas is produced over there or by the ships bringing the imports over then we can march onwards to Net Zero Nirvana here so all is just fine and dandy .
Approximately 1.9 million new cars sold in 2023 with say the average VAT on each @ £5k which brought in £9.5 billion to the exchequer last year. Any substantial drop in sales is going to hurt .
giphy.gif
 
Anyone been watching the guy with an electric Porsche on YouTube.

His first vid bemoans buying it for 125k and 3 years later is offered low 30,000s. Losing 90k

His follow up vid is about Porsche demanding a £300pa subscription to keep his apps working, a couple of dozen including finding available chargers. He says extortion Porsche say subscription.

He not happy.

TB
 
Anyone been watching the guy with an electric Porsche on YouTube.

His first vid bemoans buying it for 125k and 3 years later is offered low 30,000s. Losing 90k

His follow up vid is about Porsche demanding a £300pa subscription to keep his apps working, a couple of dozen including finding available chargers. He says extortion Porsche say subscription.

He not happy.

TB

If it’s the same guy, I saw about a year and a bit into his PCP, to get out of it Porsche wanted the car back and about £45k…and he’d already put about £20k deposit. Unbelievable depreciation.
 
Anyone been watching the guy with an electric Porsche on YouTube.

His first vid bemoans buying it for 125k and 3 years later is offered low 30,000s. Losing 90k

His follow up vid is about Porsche demanding a £300pa subscription to keep his apps working, a couple of dozen including finding available chargers. He says extortion Porsche say subscription.

He not happy.

TB
I can only say he hasn't got the highest IQ to buy a car for £125k and moan about depreciation, anybody that can afford to spaff that much on a car doesn't care about depreciation :LOL:
 
I can only say he hasn't got the highest IQ to buy a car for £125k and moan about depreciation, anybody that can afford to spaff that much on a car doesn't care about depreciation :LOL:
I take it that this is the MacMaster. I used to watch his stuff, but have given up. It's like watching a a slow-motion car crash!
 
I can only say he hasn't got the highest IQ to buy a car for £125k and moan about depreciation, anybody that can afford to spaff that much on a car doesn't care about depreciation :LOL:

That’s the thing - he got it on PCP (the financial thing not Angel Dust…probably) to avoid uncertain depreciation. He put a hefty deposit, probably thinking he’d always have equity in it if he wanted ti get out early…but the cost to hand it back (and as a trade in against a proper Porsche) was 45k - more now.
I agree it serves him right for getting a leccy car.
 

BMW Fined for Misleading Electric Car Range in Canada Court Case​



A Canadian court has ruled against BMW for misleading the electric range of its 2014 i3 model, marking a potential turning point in how automakers disclose performance metrics for electric vehicles (EVs).

Legal Battle Started in 2017

The case, initiated by Ronen Kleiman, resulted in a compensation award of $5,000, but the implications extend far beyond this single judgment.
 
Does anyone know the real deal on this?

Before my accident, I had fitted Lithium batteries to my bikes to save weight. Never once did anyone tell me that I risked reducing my bike to ashes, by fitting such a battery. I just put one in to save weight, I knew about, and had, a special Lithoium battery charger, but never once did I think, or was told, that I risked a fire and destruction of my bike and garage.

Why is it now a thing with electric cars?
 
Does anyone know the real deal on this?

Before my accident, I had fitted Lithium batteries to my bikes to save weight. Never once did anyone tell me that I risked reducing my bike to ashes, by fitting such a battery. I just put one in to save weight, I knew about, and had, a special Lithoium battery charger, but never once did I think, or was told, that I risked a fire and destruction of my bike and garage.

Why is it now a thing with electric cars?
@AirCon will give you the minute details (y)
 
Does anyone know the real deal on this?

Before my accident, I had fitted Lithium batteries to my bikes to save weight. Never once did anyone tell me that I risked reducing my bike to ashes, by fitting such a battery. I just put one in to save weight, I knew about, and had, a special Lithoium battery charger, but never once did I think, or was told, that I risked a fire and destruction of my bike and garage.

Why is it now a thing with electric cars?
I'm gunna say sausages.
 
I was being serious! I am a confused soul! Not that it matters, as I wouldn't bother now!
Meanwhile I'm still looking for a suitable charger.
The leaflet that came with the battery recommended one but I've only found one source and that's in the States.
I'm nervous about using the wrong one.
 
Meanwhile I'm still looking for a suitable charger.
The leaflet that came with the battery recommended one but I've only found one source and that's in the States.
I'm nervous about using the wrong one.
Try contacting someone like Tanya battrrirs, they should be able to recommend a suitable alternative
 
Meanwhile I'm still looking for a suitable charger.
The leaflet that came with the battery recommended one but I've only found one source and that's in the States.
I'm nervous about using the wrong one.
May help ,, I have a CTEK charger (not lithium) and it works well

 
Back
Top Bottom