I'm not sure what the issue is with depreciation on EVs. Just rich people wasting money. And it just means I can pick up a nice city run around dirt cheap in a couple of years. Not a 2.5 tonne one, mind. But a little Fiat, Mini or something will be fine...
@@andymcnish It's just people that really don't understand much. And it's not like it's an EV problem. Take a BMW X5 for instance, someone paid 50k for one of those, and within a few years they are worth nothing.
Running an EV costs a few thousand quid less per year to fuel than a petrol / diesel car. They cost about the same to buy and depreciate about the same over their lifetime. Remind me again how an EV loses any money
Nice, I've always loved the 4.2 and 4.5 v8 cerbera myself despite the engines being maintenance heavy and when I see the chevy engine swapped ones with the ls2 block if I remember rightly it makes me sad that they have lost some character even if it's far more reliable.
@@drowe2 My EV is 4 years old and the SoH is still 100%. All EVs come with a minimum 8 year battery warranty so any problems are corrected free of charge under the warranty. I don't see many ICE car makers giving 8 year warranty on engines (usually 2 to 3 years warranty)
I paid cash for my Tesla, but that was because I intend to keep it for 20 years. It currently saves me over £4000 a year in fuel and maintenance costs annually. When you do the maths it’s a no brainer!
@@rocket3man Good luck expecting a Tesla to last for 20 years. The battery will be scrap before the 'car' is 3 years old. And that's only on the off chance that it doesn't catch fire. I hope you took out gap insurance.
yep came across that myself... They say you are lying every damn time. The funny part is I have tested/trailed several for work... and none came close to what the equivalent vehicle could do....
They ignore the simple fact that no gov can keep taking the loss in revenue due too ev's... Fuel duty is between £21-25 Billion as well as £7billion in road tax... The gov can't keep ignoring ev's anylonger and thankfully they aren't anylonger..
@@visiblekoment My mate & his wife ran an EV for about years. Before deciding to run a second. Unfortunately I am surrounded by tall trees meaning solar panels are out. So can’t follow in their footsteps.
People should be buying these second hand immediately they become available. What a bargain. I’ll start looking tomorrow. These second hand prices won’t stay this low on EVs for ever.
The only reason EVs are selling to fleet is the tax saving. Take an EV with list price of £50000, they reclaim the vat , and get a hefty discount from manufacturer , so that £50k car could be £42500 with a 15%discount, and without the vat £35500, they can then offset that entire amount against tax in the first year.
@@mikeolly67 The ordinary man on the street taxpayer is subsidising corporate profits. Klaus Schwab - Starmer's master - calls it public private partnership. Saving the planet for the benefit of everyone of course!!
the problem is the lease companies borrow money off the banks, as it looks with the losses the lease companies will go bankrupt thus putting pressure on the banks which we will all have to pay for.
@@mikeolly67 Correct. Don't forget the Employers' BIK (or BIK2) that the business has to pay on every employee benefit. So, the lower the BIK for every employee, the lower the corporate tax bill. If you run a pooled European fleet, the savings in tax for both the employee and the employer is huge. I'm talking sums in many £100,000s. All Government manipulated of course, but they make the rules. Not us. Can't blame business or company car drivers of taking advantage of the rules they are presented with.
Presumably you have link to show that. If that is the Daily Mail article they reported on a published paper that showed heavier vehicles make a difference. The Daily Mail inserted EV when it wasn’t in the report.
Depreciation , plus sets of tyres, plus insurance . Even if the cost of electricity is less the cost of petrol , it is insignificant . So much for the big advantage of Ev’s , cheap motoring . Same as ‘free’ electricity from windmills & solar panels .
I wager you are not a company car driver? How about this... My Mercedes E350d Estate cost me £7,222 every year in Income Tax. My new Tesla Model Y Long Range costs me £498 per year in Income Tax. You do the maths. I don't pay for the tyres, don't care about depreciation. But it will save me about £30,000 in income tax over a 4 year business lease. What would you do with c.£30k in your pocket?
Now, I know the Green and Rainbow coloured NetZero utopia requires a 3 ton EV crossover or SUV, with 26" alloy wheels, but hear me out here. The nice thing about a 1 or 1.5 ton petrol or diesel hatch or salon is that it can be pushed off the road yourself, in the event of any accident or operational issues. It can be towed by another similar car, or just a regular AA or RAC van. You don't have to abandon your vehicle in the middle of a road, or wait most of the day for a specialist low loader recovery vehicle. Convenient.
Imagine owning an ICE car for 10 years and spending £35,000 on fuel while an EV owner spends £3,000 to do the same mileage. Probably equates to a free car with the money saved
@@stevewest131 OOh look an ev evangalist just making up random numbers, I really don't know how you got to those figures, are you the labour chancellor by any chance????
@@stevewest131Very few people keep the same car for 10 years. 3-5 years is the norm. If you buy an EV every 5 years at an average cost of £15k more than the petrol equivalent. Then you've spent £30k more than someone buying the petrol equivalent over 10 years. Now add on the price of Electricity and the huge depreciation, higher cost tyres and insurance.
The entrance block paving up to the main entrance to the Porsche dealership in Bristol is falling apart. Probably in no small way to the porky Taycans that park opposite. 🤨🤔
Without STANDARDISED batteries that can be swapped out cheaply and affordably EV's are a Money pit, that won't outlive a normal ICE , and so will be worse for the environment
You know Tony I reckon trade in at a main dealer you’d be nearer £15k. But it’s not a problem because the dealer won’t actually want it so you’ll have to try and sell it privately. And good luck with that!! Have a good weekend mate
You know what Chris, I actually just did. Two weeks in fact, not just a weekend. In Saint James, Barbados with the family, paid for by the UK Government. How? I swapped my company Mercedes-Benz E350d estate for a Tesla Model Y Long Range. That's the 'how'. Now the 'how come?... The big Benz was costing me £7,222 per year in income tax as a Benefit In Kind (BIK). Now, the BIK on the Tesla (being a tree-hugging, Bretta-loving car) is....£498 per year. So, that's an income tax saving of nearly £30,000 in my wallet, not the Government's over a 4-year business lease. I'm laughing, literally laughing. We're all going next year too. Don't care about selling the car, don't care about tyres, don't care about maintenance, don't care about battery life. All in the business lease. I love EV's. And when the tax breaks stop (which they will), I'll just move into the next income tax efficient fuel as I did from petrol to diesel, and now diesel to electric. Happy times mate.
I bought a 2007 Renault Laguna 2.0 petrol estate - 50k miles - 1 owner - full history - 12 month mot for an expensive £1500 one year ago. Just had new mot + 2 tyres + service £300. Depreciation- about a fiver a week. Now that is cheap motoring But it does impress the neighbours.
@@MjA-tz8sohow would i know that? It read like a serious point from someone who doesnt understand physics. To prove my point - 10 people liked your post! So this is on you.
No mate. Barbados and beer. I guess you're not a company car driver? I swapped from a lovely Mercedes-Benz E350d Estate to a Tesla Model Y. Not a straight swap I agree, but it will save me about £30,000 in income tax over a 4-year business lease. I'm laughing. And we're going to Barbados.
Friends of my mum brough a top of the range BYD ev for 42,000 AUD .... Had it for a year and half with 36,000 kms And wanted to trade it in on another one.... The trade in offered was 4 ,000 AUD ..... Talk about throwing bundles of cash out the window for each km or mile you drive it your ev .... And thats not even the costs of charging the ev ,insurance or maintenance.....
@hectorshouse7348 I've seen vintage voltage they do classic cat EV conversions,the main guy is an expert and said the battery efficiency after 100k is around 90%,so my thinking is if you buy a 3 Yr old EV it's depreciation is massive but you can buy it at around a third of new price,then have s good few years at least left of usable driving battery wise,but tyres are another thing twice as dear and don't last due to special compound,but at a third of new price imo thsts possible bargains at least short term.
@@hectorshouse7348 yes bargains - Depreciation is bad when new, but that makes used purchases cheap. I bought a two year old Enyaq for the same price as a same year Merc A class with one of the shit engines and it's far far nicer to drive and has saved me £3.4k in the last two years. I had an independent battery check before buying with no degradation. The problem is people getting their info from the likes of Trevor who's grifting to make a few qiud to keep his Alfa diesel on the road.
Just like the classic cars are fitting EV tech to make them usable, how long till we see all these overpriced boxes of dogwank, piling up outside clever engineering workshops, awaiting diesel engines and drive trains ?
EV’s have been a CON of colossal proportions and I actually feel sympathy for the people that have been duped into believing they were the best thing since sliced bread. I’ve now heard that Toyota, Subaru, Mazda and even the Chinese are investing heavily in developing small ICE engines with mild hybrid capabilities, makes you wonder why governments were so keen to push EV’s over recent years!!!……..
Actually 63% of the UK new car market is to the fleet sector. The ONLY thing that matters there is Benefit In Kind Tax. Resale value - doesn't matter, tyre replacement and maintenance - doesn't matter. Nothing else matters other than BIK tax. If you are fortunate to have the choice, why would you not choose an EV that costs you less than £500 per year in tax? I don't particularly like my Tesla, it's not perfect by any means. But the money it saves in tax is impossible to ignore. Over a 4-year business lease alone it will save me nearly £30,000 in income tax. In my pocket. A no brainer.
Being on a low income i obviously can't get fiance for such cars. I have 09 golf diesel . Hopefully i can keep it till i stop driving in 3 or 4 yrs . Roads busy now too busy
Depreciation? With you all the way. My MG 5 estate was £34k eighteen months ago. Carwow will give me ....wait for it ....£14,700. What shit! At least it's lighter than the Audi, and, the sat nav is positioned on the MG so you don't need to look at your croutch. Repairs to date: central control unit failed at 7k miles; passenger door release failed at 1500 miles; drivers door seal dissolving as we speak. So, I plan to run it into the ground/wall. Cheers.
The Value of an EV is linked to the 8 warrantee of the battery . Essential EV's are a disposable car . The replacement of the Battery costs more than the value of the car .
That 2.5 ton milk float crashes into something like a flimsy built fiat 500 it will crush into near nothing and nite nite all inside,stored kinetic energy and all that disco never mentioned by the ev lovers ever imo
@@stevewest131 the average weight of most Landrovers and Rangerovers( new one) is 2.6-2.7tons ealier ones are lighter, most 4x4 pickups are around 2.0 to 2.85 tons. so which ones are you talking about??? Incidentally the weight of ev's is on average between 2 tons and 2.5tons...
@@hudsonbear5038 Weight of a tesla 3 is 1800kg. So Land Rovers are much heavier and really guzzle the gas. There are much heavier vehicles on the road, buses, mini-buses, lorries, tankers, bin lorries. EVs are not the heaviest vehicles on the road.
2.5 ton of depreciation 37000 mile cost 50,000 perhaps 55,000 so with no charging costs - is 1.40 a mile. With charger costs almost 1 litre of petrol a mile !
@@dn744 We live in a Post Ignorant Society. UK is now just 28th ranked in the world and falling fast. It makes nothing, no iron no steel no plastics no cars no nothing much any longer. All we do is sell each other old bricks using debt crested from thin air and think that is an economy.
These EV owners will try to convince you they saved so much money on overnight tariffs that they were smart. 😂😂😂. I think they only say that so they can get to sleep somehow.
my ev costs me 2p per mile to fuel, octopus inteligent, actually this not quite true because this is a ev tariff so i can also use this 7p per kw tariff to power my home, so fueling my ev costs me less than nothing..
I renew my car every 3 years. last time 2022, I got the same money trade-in for my BMW as I paid for it in 2019! I was gobsmacked. AND my M8 who works in the Service Dept. at the dealership told me not to touch a BMW EV with a barge pole. I drive X3's and the price margin between a mid-spec ICE X3 and an IX3 is about £20K...................£20K!!!
Lots of people have found themselves financially upside down thanks to the EV cost saving narrative. Frequently, the total cost of ownership for some EVs can even outweigh that of a bona fide supercar, for example: The 2022 Audi E-Tron S has an 83KW usable battery, and costs £64 to fill (public UK rapid charger at 80p KW), and delivers about 190 miles of real world range, or 33p per mile. A Lamborghini Huracán with an 80L fuel tank, costs £112 to fill up (£1.40 per litre), and delivers about 330 miles of range, or 33p per mile. The depreciation costs after 3 years for the Huracan is about 15% (£40k), for the E-Tron S the 3 year depreciation cost is about 60% (£60k) Slight road tax reduction for the Audi but insurance costs for the two cars is broadly similar for many. Replace 'E-Tron' with (bank balance) 'Taycan' for a true horror show... losses in excess of £60k in ONE YEAR.
DEC 25th 2025 a wake up call to e.v. owners and potential buyers. Transport for London (TfL) announced that from 25 December 2025, drivers who previously paid £10 for a year's exemption from congestion charges will have to pay the standard £15 daily fee. That is an increase from £10 per annum to a maximum of £5,475 per annum if you used it everyday in the congestion zone(s). An increase of 547.5%, whoopee.
My sister got a brand new one when they came out, actually it was the big 4x4 Audis, she barely used it as the range was under 200 miles 😂. She ended up using her sons petrol Merc. She didn’t pay for it, she got it from her hospital. Gone now.
My wife has a 228,000 miles , or approx. 370,000 km VW Golf Mk4 1.9 PD TDi. Starts, drives and runs perfectly. Annual service with genuine VW parts. I have a much newer MK7 1.6 TDi with 89,000 miles (c.144,000km). The Mk4 gets about 57mpg, but the Mk7 gets an average of approx 69mpg. Love diesels. Why would I change anything?
I think some honesty needed here. The problem with EVs is only that they just use a different fuel. If you can cope intelligently with a mobile phone (using and charging) then you can adapt to an EV.
Tony, IF Geoff and Lee were to invite you to join them on an American road trip - say Route 66 or Alligator Alley, what would be your cheap car of choice? It would be comedy gold imo.
I have a Mazda BT50 Ute (Rebadged Isuzu) with an agricultural 3 Litre Diesel. It weighs 250kgs less than the Audi, cost less than one-third of the Audi in 2021 and is worth 58% of purchase price with a whopping 79,000 miles on it compared to the Audi. For intercity running it gets 1,100km or 683 miles per tank meaning I can easily go from Brisbane to Sydney. I am not against EVs or new technology but hell, they have a bloody long way to go to match an older ICE vehicle let alone a modern efficient one.
Good video, Agree there will be a point where cant depreciate anymore. There will always be value in the batteries for use in home battery systems. Or there recycle value for the metals and elements which is quite efficient these days. I can link the video but it on here where they recycle a car battery , its quite impressive.
Of course these will be the same people in government who thought diesel engines were better for cars than petrol. I have an idea for the EV market to keep prices down. "BRAND NEW ELECTRIC VEHICLE ONLY £20,000 (BATTERIES NOT INCLUDED)"
If you bought a used model for £25,000 and after a year the batteries started to fail the cost of replacing them would be unaffordable. The cost is therefore £25,000 for a year's motoring then you have to find another, there is not even any scrap value, you would probably even have to pay for recycling. Marvellous.
That’ll soon be a non-issue. Good batteries (Tesla and all recent model EVs of other brands) ought to be good for 20 years or 500k miles or even a million. But what if you get a dud? It happens. Well, MG will offer a lifetime warranty on the battery, and that ought to have a good effect on residual value. Which affects the purchasing decision. So I expect other car companies to follow suit; they know exactly how often a battery fails or gets damaged, and the benefit of offering the warranty will exceed the cost by far.
soon as it's 5 years old it'll only be worth it's scrap value. as most dealers wont touch it- only an utter moron pays this much for any car let alone an ev.
It's going to be Hobsons Choice for everyone under Labour. Almost certainly they're going to rapidly accelerate the push towards EV's and heavily tax combustion engine vehicles.
@@martinf8508 Good question - do they need plugged into anything to do their job, or is there a powerpack inbuilt? Not something that crossed my mind with the appearance of them on shop walls here and there. There's one on the local butcher's door post - asked him if it was because of his prices.
Why does everything have to beep? If you don't realise your door is open without an annoying beep, maybe you shouldn't be driving and get your eyes tested instead.
I took the programming tool for my car and turned it off in my vehicles including the stupid, nagging seat belt warning! All theses beeps and warnings have gotten ridiculous over the years. I think the only warnings most people need is when you leave the headlights on leaving the vehicle or backing up into an obstacle.
@@BlueSpruce2 my old Mercedes W124 reminds me if I've left my lights on when I get out of the car, and that's it! No other beeps or warning lights. Brilliant!
@@torino390 Couldn't agree more. Maybe they are trying to compete with smartphones for the king of distractions title although I suppose you could argue they are compensating for it... 😀
My mate won an escort in 87 it was 8K in the showroom, he asked how much they would give him, 5K! I would love to know how much Audi would give you now after driving out and straight back in again, if they would actually have it.
My wife’s Tesla model Y has lost £27000 in less than two years and I sold my Tesla model 3 to webuyanycar because Tesla Uk didn’t want to take it back as a part exchange against the new Highland model. Tesla uk offered £5000 less btw. Never again will I touch a Tesla
Who would buy any Audi Merc or BMW without expecting it to lose 50% as soon as you drive it away! All expensive cars drop money like a stone! EV or ice. I saw an 18 month old Aston Martin 8k list price £198000 up for sale at £69000!! So the dealer will be making at least £15000! All cars drop money like a stone! That's why I bought a two year old Zoe GT LINE with 9000 on the clock for less than £15000! Still with 3 year warranty on the car and 6 years left on the battery. This car only weighs 1475kg with a 52 usable battery! The new Dacia Spring Brand new £15000 and weighs 982 kgs!
Forget the many other issues. Depreciation related to the massive cost involved with replacing the batter is the killer. 300 miles is enough for most punters, but most of them don't have money to burn even if they have a family that they don't mind burning. If the battery can be replaced for less than £4000 including fitting even I might consider buying a used one, but not if the cost exceeds the value of the car after just 3 years. Until this is fixed the maths is not even close to adding up. Even then we still have all of the other issues. Many people simply prefer a car with an ICE under the hood. An electric motor is simply not a turn-on for either the gals or the guys. Similar to an expensive and very life-like rubber man or woman, to the real thing. I am the sort of driver, at the sort of age, with the right sort of income, living in the right sort of place to be a perfect customer for an EV and even I don't want one. If I did buy one my wife would refuse to even get near it, never mind drive it herself with the kids on board. Nowadays in her country they only cremate dead people and even then only after a long religious ceremony. Unfortunately burning wives alive went out of vogue many years ago. Many used cars from the West end up in the 3rd world. If you tried plugging your EV in a 3rd World village plug socket the entire road would be plunged into darkness.
Ever actually driven one? Ever tried to learn something new? EVs are not perfect. But they are coming. Partly that’s due to the prices coming down so far and fast. Let someone else take the depreciation hit. Try one ?
I got my dad a brand new Hyundai i10 with 150 miles in 2012 for £6900. It’s done 80.000miles. Only spent £600 on problem. Otherwise just MOT and Service. £20 a year tax.Does 230 miles on £36 of fuel. And just about to part ex for another one for £1500
Buy one second hand then? Absolute bargains. My Tesla M3 has held its value better than ICE, and weighs less than equivalent ICE too. Also goes 0-60 in 3.2 seconds. Not really milk float performance? Battery projected to be good for 350-500k miles. I’m currently on a road trip to Prague. Going like a dream.
Hold your breath for two more years, then those EV will be prohibited 500 meters from hospitals, malls, condos and under ground garages, home insurance will ask for addional coverage if you have EVs
Can somebody tell me whether that 230miles of range is what you get from a 100% charge. I ask this because we are now being told that, to avoid premature battery degradation, you should not charge the battery of an electric car to more than 80% and also you should never let it drop below 20%. That only leaves you 60%. So unless you are prepared to ignore that advice the safe range, by my reckoning, is only 138 miles. Is that right?
My little BMW i3 cost less than £10k, it weighs not a lot, it has a range more than that Audi, cost zero to Tax, is fun to drive and comfortable. The thing is this.. if you want to spend stupid money on the latest and greatest then you have an issue. Don’t bang on about depreciation, you let someone else take the hit.
That is gross in many ways.😂 Why do folk buy cars with iPads glued onto the dash.......so ugly. I'll keep my XJ351 for ever. Real leather and suede interior, no plastic or vinyl.
Most of these will have been leased from new, so depreciation is largely irrelevant. They were optimistically priced by Audi when new but now make great value used buys. They are significantly cheaper than a similar age/spec Q5/7 or BMW X3/5 and of course will be much cheaper to run.
Yeah, but someone has to pay for that high MSRP and depreciation. You pay for the high sticker price on your down and lease payments and the dealer or manufacturer takes the hit on the depreciation.
Next, you'll be charged to have the car traded in for recycling because the batteries are too toxic to process. I can see many instances of trees jumping out in front of them on dark, lonely lanes at night. 😮
As my grandmother used to say, "there's one born every minute."
Including old people like her
there certainly is - they can usually be found by parroting 'future my arse'
I'm not sure what the issue is with depreciation on EVs. Just rich people wasting money. And it just means I can pick up a nice city run around dirt cheap in a couple of years. Not a 2.5 tonne one, mind. But a little Fiat, Mini or something will be fine...
@@andymcnish It's just people that really don't understand much. And it's not like it's an EV problem. Take a BMW X5 for instance, someone paid 50k for one of those, and within a few years they are worth nothing.
The people that paid for these EV’s can afford to lose this much money as they tend to be a little wealthier , I cannot.
@@patto2168 except they cost the same but are cheaper to run. Genius.
@@MikeJones-mz5igTry and part exchange one at a dealer, they're
all running away from them as they make poor ornaments on their
forecourts.
@@nigden1which dealer,? Details please. I'm waiting.
@@patto2168 insults will not win an argument it just displays ignorance.
Running an EV costs a few thousand quid less per year to fuel than a petrol / diesel car. They cost about the same to buy and depreciate about the same over their lifetime.
Remind me again how an EV loses any money
I’m sticking to my 5 litre V8 TVR Chimera out of principle 😁
Nice, I've always loved the 4.2 and 4.5 v8 cerbera myself despite the engines being maintenance heavy and when I see the chevy engine swapped ones with the ls2 block if I remember rightly it makes me sad that they have lost some character even if it's far more reliable.
You do and pay a fortune in fuel.You would in the UK.
I bet thats a really reliable car.
And because its a great car! I love TVRs, had a 4 litre Chimera, great car!
Another story based on legacy manufacturers EVs, and Audi are amongst the worst both for price and range. Try looking at one of the real EVs.
Folks…it’s all very well laughing at EV’s owners but that’s not enough. We’ve got to fight to keep our personal transport affordable and practical
EVs are 90% cheaper than fossil fool cars to run
The problem is at 4 years the battery is half gone and they cost 40-50k to replace
@@drowe2 My EV is 4 years old and the SoH is still 100%. All EVs come with a minimum 8 year battery warranty so any problems are corrected free of charge under the warranty. I don't see many ICE car makers giving 8 year warranty on engines (usually 2 to 3 years warranty)
@@stevewest131 how many miles/kms?
@@stevewest131what's the resale value of your EV, little fella? BAHAHAHAHA!!! 😂😂😂😂🤡🤡🤡🤡
No sympathy for anyone that actually paid cash for one of these.
I paid cash for my Tesla, but that was because I intend to keep it for 20 years. It currently saves me over £4000 a year in fuel and maintenance costs annually. When you do the maths it’s a no brainer!
@@rocket3man 20 years 🤣
@@rocket3man You my good man seem rare, many people only keep them a few years, Id bet most are on a three year lease. Good for you.
@@rocket3man Good luck expecting a Tesla to last for 20 years. The battery will be scrap before the 'car' is 3 years old. And that's only on the off chance that it doesn't catch fire. I hope you took out gap insurance.
@@matthewgodwin3050 haha, it’s already 4 years old so you know nothing!
But the EVangelists will still spout, "EVs are cheaper to run than an ICE car. Blinkers firmly on.
The fossil fools should listen to the EVangelists on this point. EVs are 90% cheaper to run
Try telling one that you wouldn't have an EV if given one for free. They think I'm lying when I say that.
yep came across that myself... They say you are lying every damn time. The funny part is I have tested/trailed several for work... and none came close to what the equivalent vehicle could do....
They ignore the simple fact that no gov can keep taking the loss in revenue due too ev's... Fuel duty is between £21-25 Billion as well as £7billion in road tax... The gov can't keep ignoring ev's anylonger and thankfully they aren't anylonger..
An ICE car will cost £32,000 in fuel over ten years (probably more as petrol prices go up), an EV will cost £3,000 over 10 years. Numbers don't lie.
£50 grand and only 37,000 miles, thats £1.35p a mile! Add that to the already ridiculous running costs!!
A friend & his wife own EVs. They claim there are practically no service costs & the power comes from their solar panels.
But EV’s are “more economical” than a petrol or diesel car.
Great thinking 👍
@@visiblekoment My mate & his wife ran an EV for about years. Before deciding to run a second. Unfortunately I am surrounded by tall trees meaning solar panels are out. So can’t follow in their footsteps.
People should be buying these second hand immediately they become available. What a bargain. I’ll start looking tomorrow. These second hand prices won’t stay this low on EVs for ever.
How are the lease companies still in business?? Future lease payments must be about to go through the roof, which makes them a dead duck.
The only reason EVs are selling to fleet is the tax saving.
Take an EV with list price of £50000, they reclaim the vat , and get a hefty discount from manufacturer , so that £50k car could be £42500 with a 15%discount, and without the vat £35500, they can then offset that entire amount against tax in the first year.
@@mikeolly67 The ordinary man on the street taxpayer is subsidising corporate profits. Klaus Schwab - Starmer's master - calls it public private partnership. Saving the planet for the benefit of everyone of course!!
the problem is the lease companies borrow money off the banks, as it looks with the losses the lease companies will go bankrupt thus putting pressure on the banks which we will all have to pay for.
@@mikeolly67 Correct. Don't forget the Employers' BIK (or BIK2) that the business has to pay on every employee benefit. So, the lower the BIK for every employee, the lower the corporate tax bill. If you run a pooled European fleet, the savings in tax for both the employee and the employer is huge. I'm talking sums in many £100,000s. All Government manipulated of course, but they make the rules. Not us. Can't blame business or company car drivers of taking advantage of the rules they are presented with.
30 years ago a 2,5 ton audi would withstand AK-47 fire and used by kings, queens and criminals.
These EVs just destroy the roads.!
unlike range rovers which of course are weightless
@whocares264 and vans, and pickups, and hgv's. Some people talk utter shite eh.
@@whocares264still less weight than an EV plus don't have the low down torque that rips the road up like EVs
Presumably you have link to show that. If that is the Daily Mail article they reported on a published paper that showed heavier vehicles make a difference. The Daily Mail inserted EV when it wasn’t in the report.
@@whocares264 EV RR are half a ton heavier,then theres that.
Depreciation , plus sets of tyres, plus insurance . Even if the cost of electricity is less the cost of petrol , it is insignificant . So much for the big advantage of Ev’s , cheap motoring . Same as ‘free’ electricity from windmills & solar panels .
I wager you are not a company car driver? How about this... My Mercedes E350d Estate cost me £7,222 every year in Income Tax. My new Tesla Model Y Long Range costs me £498 per year in Income Tax. You do the maths. I don't pay for the tyres, don't care about depreciation. But it will save me about £30,000 in income tax over a 4 year business lease. What would you do with c.£30k in your pocket?
Now, I know the Green and Rainbow coloured NetZero utopia requires a 3 ton EV crossover or SUV, with 26" alloy wheels, but hear me out here.
The nice thing about a 1 or 1.5 ton petrol or diesel hatch or salon is that it can be pushed off the road yourself, in the event of any accident or operational issues. It can be towed by another similar car, or just a regular AA or RAC van.
You don't have to abandon your vehicle in the middle of a road, or wait most of the day for a specialist low loader recovery vehicle.
Convenient.
Imaging having bought one of these and owning it for 3 years and discovering that you've probably worked for over a year for absolutely nothing.
Imagine owning an ICE car for 10 years and spending £35,000 on fuel while an EV owner spends £3,000 to do the same mileage. Probably equates to a free car with the money saved
@@stevewest131what's the resale value of your EV, little fella? BAHAHAHAHA!!!!! 😂😂😂😂😂🤡🤡🤡🤡🤡🤡🤡
@@stevewest131 OOh look an ev evangalist just making up random numbers, I really don't know how you got to those figures, are you the labour chancellor by any chance????
@@stevewest131Very few people keep the same car for 10 years. 3-5 years is the norm.
If you buy an EV every 5 years at an average cost of £15k more than the petrol equivalent. Then you've spent £30k more than someone buying the petrol equivalent over 10 years. Now add on the price of Electricity and the huge depreciation, higher cost tyres and insurance.
@@stevewest131£35000 on fuel is 220,000 miles. Almost noone does that.
'Super Depreciation' on a day with a 'Super Majority' for Net Zero. 🤣
0.0001p per mile to charge…..but costs £10 a mile in depreciation 😄😄
@@spice3767 Do the math, this is almost exactly the same depreciation as you would expect from a £75k ICE car as well
Burning your cash while not burning your garage.
And the neighborhood too😅😂
The entrance block paving up to the main entrance to the Porsche dealership in Bristol is falling apart. Probably in no small way to the porky Taycans that park opposite. 🤨🤔
Without STANDARDISED batteries that can be swapped out cheaply and affordably EV's are a Money pit, that won't outlive a normal ICE , and so will be worse for the environment
You know Tony I reckon trade in at a main dealer you’d be nearer £15k. But it’s not a problem because the dealer won’t actually want it so you’ll have to try and sell it privately. And good luck with that!! Have a good weekend mate
You know what Chris, I actually just did. Two weeks in fact, not just a weekend. In Saint James, Barbados with the family, paid for by the UK Government. How? I swapped my company Mercedes-Benz E350d estate for a Tesla Model Y Long Range. That's the 'how'. Now the 'how come?... The big Benz was costing me £7,222 per year in income tax as a Benefit In Kind (BIK). Now, the BIK on the Tesla (being a tree-hugging, Bretta-loving car) is....£498 per year. So, that's an income tax saving of nearly £30,000 in my wallet, not the Government's over a 4-year business lease. I'm laughing, literally laughing. We're all going next year too. Don't care about selling the car, don't care about tyres, don't care about maintenance, don't care about battery life. All in the business lease. I love EV's. And when the tax breaks stop (which they will), I'll just move into the next income tax efficient fuel as I did from petrol to diesel, and now diesel to electric. Happy times mate.
It's a Dianne Abbott but performs like a Liz Truss hybrid!!
It was a green scam from the outset.
Green is the new red
The only thing in our house thats run by a battery keeps the wife happy ,,,,😂😂😂😂😂
Toothbrush?
Wow, £1000 per month depreciation
My petrol bmw depreciated more than that.
@@pogoworley4903bs😂😂😂
@@pogoworley4903 At least you could have kept it and ran it for a couple of decades..
@@JamesSmith-qs4hx was an x3m competition. Looking at a Tesla now.
@@pogoworley4903liar.
I bought a 2007 Renault Laguna 2.0 petrol estate - 50k miles - 1 owner - full history - 12 month mot for an expensive £1500 one year ago. Just had new mot + 2 tyres + service £300. Depreciation- about a fiver a week. Now that is cheap motoring But it does impress the neighbours.
NOT
Imagine being in wales and knocking a kid over with 2.5 tonns at 20mph, that’s one dangerous Milkfloat…
2.5 tonnes, 2 tonnes, 1.5 tonnes - no different if its hitting a kid you're talking about.
@@wizzyno1566no shit Sherlock, I was being sarcastic..
@@MjA-tz8sohow would i know that? It read like a serious point from an idiot.
To prove my point, 10 morxns agreed with you.
@@MjA-tz8sohow would i know that? It read like a serious point from someone who doesnt understand physics.
To prove my point - 10 people liked your post!
So this is on you.
Its depreciation in 6 months is more than what i paid for a 2017 mitsubishi asx diesel that i got 49.8mpg on a run to devon at the weekend
Is it front or 4 wheel drive?
Its depreciation in 6 weeks is more than the value of the Passat I’ve been driving for the last 7 years…
This mode of transport is normally the attraction of people with status hallucinations
I will have saved £30,000 in income tax paid over a 4-year business lease by owning an EV. I love them. No hallucinations here my friend 🤣
Mugs & money.
At the servo forecourt. Yeah.
No mate. Barbados and beer. I guess you're not a company car driver? I swapped from a lovely Mercedes-Benz E350d Estate to a Tesla Model Y. Not a straight swap I agree, but it will save me about £30,000 in income tax over a 4-year business lease. I'm laughing. And we're going to Barbados.
The EV bubble has now, finally, burst and people who have purchased an EV from new are now waking up to this fact.
Nobody did buy from new. They're all on business leases. Where the tax savings are massive.
Friends of my mum brough a top of the range BYD ev for 42,000 AUD ....
Had it for a year and half with 36,000 kms
And wanted to trade it in on another one....
The trade in offered was 4 ,000 AUD .....
Talk about throwing bundles of cash out the window for each km or mile you drive it your ev ....
And thats not even the costs of charging the ev ,insurance or maintenance.....
Well you know the adage. buy Chinese buy twice.
Heart breaking losing 50k in just over 3 years seriously,bargains to be had then ffs.
Not sure myself ,the battery condition could leave you out of pocket ?
@@steviewylie5267 bargains? I don’t think you’re getting the point😂
@hectorshouse7348 I've seen vintage voltage they do classic cat EV conversions,the main guy is an expert and said the battery efficiency after 100k is around 90%,so my thinking is if you buy a 3 Yr old EV it's depreciation is massive but you can buy it at around a third of new price,then have s good few years at least left of usable driving battery wise,but tyres are another thing twice as dear and don't last due to special compound,but at a third of new price imo thsts possible bargains at least short term.
Paying just $50k for a car is crazy to me
@@hectorshouse7348 yes bargains - Depreciation is bad when new, but that makes used purchases cheap. I bought a two year old Enyaq for the same price as a same year Merc A class with one of the shit engines and it's far far nicer to drive and has saved me £3.4k in the last two years. I had an independent battery check before buying with no degradation. The problem is people getting their info from the likes of Trevor who's grifting to make a few qiud to keep his Alfa diesel on the road.
Just like the classic cars are fitting EV tech to make them usable, how long till we see all these overpriced boxes of dogwank, piling up outside clever engineering workshops, awaiting diesel engines and drive trains ?
all those diesel trains now electrified, all clean quiet and reliable...
Do electric trains use batteries then ?
@@whocares264check out the Class 69 old chap, definitely not electric I think you’ll find!!
@@dieselfunk65 The sounds of the NEW Class 69 on the Severn Valley Railway BONUS FOOTAGE..... wow, what a noisy stinker
A fool and his money are easily parted
EV’s have been a CON of colossal proportions and I actually feel sympathy for the people that have been duped into believing they were the best thing since sliced bread. I’ve now heard that Toyota, Subaru, Mazda and even the Chinese are investing heavily in developing small ICE engines with mild hybrid capabilities, makes you wonder why governments were so keen to push EV’s over recent years!!!……..
Wouldn't pay more than £500 for it .....and then I'd have to think about it 🤔 😅
Biggest enviroment-scandal ever. Holy molly. WHOs gonna invent recykling strategy for year 2026.
Yes, wait till scrapping problems add up. Already too many battery fires on new cars. Once they ate old, ticking time bombs 💣 😒
If you have solar panels used EVs are a very good buy.
Bloody hell, they know how to drain folks' money away hey? Who in their right mind would do that to themselves?
Unbelievable who would part with there cash ,so 80% of them are all company cars and leased 😂
Actually 63% of the UK new car market is to the fleet sector. The ONLY thing that matters there is Benefit In Kind Tax. Resale value - doesn't matter, tyre replacement and maintenance - doesn't matter. Nothing else matters other than BIK tax. If you are fortunate to have the choice, why would you not choose an EV that costs you less than £500 per year in tax? I don't particularly like my Tesla, it's not perfect by any means. But the money it saves in tax is impossible to ignore. Over a 4-year business lease alone it will save me nearly £30,000 in income tax. In my pocket. A no brainer.
Being on a low income i obviously can't get fiance for such cars. I have 09 golf diesel . Hopefully i can keep it till i stop driving in 3 or 4 yrs . Roads busy now too busy
Depreciation? With you all the way. My MG 5 estate was £34k eighteen months ago. Carwow will give me ....wait for it ....£14,700. What shit! At least it's lighter than the Audi, and, the sat nav is positioned on the MG so you don't need to look at your croutch. Repairs to date: central control unit failed at 7k miles; passenger door release failed at 1500 miles; drivers door seal dissolving as we speak. So, I plan to run it into the ground/wall. Cheers.
I am sure Peter would nor want you lookin there...............................crotch
Chinese cars are also unpopular secondhand.
OMG, two and a half tons!
bought a Subaru Forester Premium in 2020, it is still worth over 70% of what we paid for it depreciation of less than 30%
Shhhh, Mr Starmer will hear you! You know how hell bent he is on forcing us into EVs. :-(
Sir Starmer is a WEF 🌎 muppet
They are EV-il. 👹
The Value of an EV is linked to the 8 warrantee of the battery . Essential EV's are a disposable car . The replacement of the Battery costs more than the value of the car .
As disposable as toilet paper it would seem.
Looks like a Cavalier would look in 2024. 🙂
EV = No thank you very much. 😊
That 2.5 ton milk float crashes into something like a flimsy built fiat 500 it will crush into near nothing and nite nite all inside,stored kinetic energy and all that disco never mentioned by the ev lovers ever imo
What about those 3 ton 4x4s
@@stevewest131 which ones are they ? As most SUVs are around 2.2-2.4 tonnes and the eletric ones are 2.5 tonnes+
@@stevewest131awww, still all butt hurt about the depreciation of your EV, little fella? BAHAHAHAHA!!!! 😂😂😂😂😂🤡🤡🤡🤡🤡
@@stevewest131 the average weight of most Landrovers and Rangerovers( new one) is 2.6-2.7tons ealier ones are lighter, most 4x4 pickups are around 2.0 to 2.85 tons. so which ones are you talking about??? Incidentally the weight of ev's is on average between 2 tons and 2.5tons...
@@hudsonbear5038 Weight of a tesla 3 is 1800kg. So Land Rovers are much heavier and really guzzle the gas. There are much heavier vehicles on the road, buses, mini-buses, lorries, tankers, bin lorries. EVs are not the heaviest vehicles on the road.
2.5 ton of depreciation 37000 mile cost 50,000 perhaps 55,000 so with no charging costs - is 1.40 a mile. With charger costs almost 1 litre of petrol a mile !
That's ridiculous lol. I has a 6.5 litre do 16 mpg 😅
@@dn744 We live in a Post Ignorant Society. UK is now just 28th ranked in the world and falling fast. It makes nothing, no iron no steel no plastics no cars no nothing much any longer. All we do is sell each other old bricks using debt crested from thin air and think that is an economy.
Excellent business opportunity for those willing to steal and burn out these things for insurance purposes.
that would be 19 grand trade-in against another EV i would expect
Absolutely no interest in a milk float or a polished turd. Total waste of money, however posh or smooth or fast they are. they're still crap.
These EV owners will try to convince you they saved so much money on overnight tariffs that they were smart. 😂😂😂. I think they only say that so they can get to sleep somehow.
Our neighbour has just got a new cherry red Tesla. Has had to install a smart meter to charge it on Economy 7. Mental.
my ev costs me 2p per mile to fuel, octopus inteligent, actually this not quite true because this is a ev tariff so i can also use this 7p per kw tariff to power my home, so fueling my ev costs me less than nothing..
@@whocares264do you really understand what you are into with an ev? 2 pence , wow you just lost a fortune
@@whocares264 I think you proved my point superbly. Thank you 🤣
@@Isclachau I am glad to help
I renew my car every 3 years. last time 2022, I got the same money trade-in for my BMW as I paid for it in 2019! I was gobsmacked. AND my M8 who works in the Service Dept. at the dealership told me not to touch a BMW EV with a barge pole. I drive X3's and the price margin between a mid-spec ICE X3 and an IX3 is about £20K...................£20K!!!
Lots of people have found themselves financially upside down thanks to the EV cost saving narrative. Frequently, the total cost of ownership for some EVs can even outweigh that of a bona fide supercar, for example:
The 2022 Audi E-Tron S has an 83KW usable battery, and costs £64 to fill (public UK rapid charger at 80p KW), and delivers about 190 miles of real world range, or 33p per mile.
A Lamborghini Huracán with an 80L fuel tank, costs £112 to fill up (£1.40 per litre), and delivers about 330 miles of range, or 33p per mile.
The depreciation costs after 3 years for the Huracan is about 15% (£40k), for the E-Tron S the 3 year depreciation cost is about 60% (£60k)
Slight road tax reduction for the Audi but insurance costs for the two cars is broadly similar for many.
Replace 'E-Tron' with (bank balance) 'Taycan' for a true horror show... losses in excess of £60k in ONE YEAR.
DEC 25th 2025 a wake up call to e.v. owners and potential buyers. Transport for London (TfL) announced that from 25 December 2025, drivers who previously paid £10 for a year's exemption from congestion charges will have to pay the standard £15 daily fee.
That is an increase from £10 per annum to a maximum of £5,475 per annum if you used it everyday in the congestion zone(s). An increase of 547.5%, whoopee.
I have lost all respect for these "famous car brands" that are making these stupidly huge, heavy and expensive trash.
My sister got a brand new one when they came out, actually it was the big 4x4 Audis, she barely used it as the range was under 200 miles 😂. She ended up using her sons petrol Merc. She didn’t pay for it, she got it from her hospital. Gone now.
My wife has a 228,000 miles , or approx. 370,000 km VW Golf Mk4 1.9 PD TDi. Starts, drives and runs perfectly. Annual service with genuine VW parts. I have a much newer MK7 1.6 TDi with 89,000 miles (c.144,000km). The Mk4 gets about 57mpg, but the Mk7 gets an average of approx 69mpg. Love diesels. Why would I change anything?
Most cars lose 40% in 3 years, but thats well above the norm.
I drove a 20 year old Honda Civic which still did 500 miles to a tank up until when i scrapped it. Drove it every day.
I think some honesty needed here. The problem with EVs is only that they just use a different fuel. If you can cope intelligently with a mobile phone (using and charging) then you can adapt to an EV.
Tony, IF Geoff and Lee were to invite you to join them on an American road trip - say Route 66 or Alligator Alley, what would be your cheap car of choice? It would be comedy gold imo.
Chevy Blazer. Would spend the entire time pretending to be Jack Bauer
And the UK electorate have just voted in a Party who will bring back the all EV future by 2030, just six short years away!
That is the date originally set by the Conservatives.
@@neilthewheelio - who then extended it to 2035.
I have a Mazda BT50 Ute (Rebadged Isuzu) with an agricultural 3 Litre Diesel. It weighs 250kgs less than the Audi, cost less than one-third of the Audi in 2021 and is worth 58% of purchase price with a whopping 79,000 miles on it compared to the Audi. For intercity running it gets 1,100km or 683 miles per tank meaning I can easily go from Brisbane to Sydney.
I am not against EVs or new technology but hell, they have a bloody long way to go to match an older ICE vehicle let alone a modern efficient one.
This is how they price you out of car ownership, next it will be houses and you'll own nothing and eat zee boogs
Good video, Agree there will be a point where cant depreciate anymore. There will always be value in the batteries for use in home battery systems. Or there recycle value for the metals and elements which is quite efficient these days. I can link the video but it on here where they recycle a car battery , its quite impressive.
Of course these will be the same people in government who thought diesel engines were better for cars than petrol.
I have an idea for the EV market to keep prices down.
"BRAND NEW ELECTRIC VEHICLE ONLY £20,000 (BATTERIES NOT INCLUDED)"
If you bought a used model for £25,000 and after a year the batteries started to fail the cost of replacing them would be unaffordable. The cost is therefore £25,000 for a year's motoring then you have to find another, there is not even any scrap value, you would probably even have to pay for recycling. Marvellous.
That’ll soon be a non-issue. Good batteries (Tesla and all recent model EVs of other brands) ought to be good for 20 years or 500k miles or even a million. But what if you get a dud? It happens. Well, MG will offer a lifetime warranty on the battery, and that ought to have a good effect on residual value. Which affects the purchasing decision. So I expect other car companies to follow suit; they know exactly how often a battery fails or gets damaged, and the benefit of offering the warranty will exceed the cost by far.
It’s not worth £25k!
I'd offer 500 quid and strip it for the batteries.
soon as it's 5 years old it'll only be worth it's scrap value. as most dealers wont touch it-
only an utter moron pays this much for any car let alone an ev.
It's going to be Hobsons Choice for everyone under Labour. Almost certainly they're going to rapidly accelerate the push towards EV's and heavily tax combustion engine vehicles.
That’s half a ton more than my LWB sprinter !
The future is this. That's why I drive an 80s pickup.
34 pounds a day
Or about £1.30 per mile.
1100 £ a month 🎉😂
I'd check in boot to see if among the equipment there's a defibrillator maybe?
There's no point. You need power to charge one of them 😂😂😂
@@martinf8508 Good question - do they need plugged into anything to do their job, or is there a powerpack inbuilt? Not something that crossed my mind with the appearance of them on shop walls here and there. There's one on the local butcher's door post - asked him if it was because of his prices.
I bought a 2006 SWB Toyota Landcruiser in 2008 for €16k. I still have it. Would easily get €8k for it now.
Why does everything have to beep? If you don't realise your door is open without an annoying beep, maybe you shouldn't be driving and get your eyes tested instead.
I took the programming tool for my car and turned it off in my vehicles including the stupid, nagging seat belt warning! All theses beeps and warnings have gotten ridiculous over the years. I think the only warnings most people need is when you leave the headlights on leaving the vehicle or backing up into an obstacle.
@@BlueSpruce2 my old Mercedes W124 reminds me if I've left my lights on when I get out of the car, and that's it! No other beeps or warning lights. Brilliant!
@@torino390 Couldn't agree more. Maybe they are trying to compete with smartphones for the king of distractions title although I suppose you could argue they are compensating for it... 😀
RUclips need more milk float killers 👍😆
My mate won an escort in 87 it was 8K in the showroom, he asked how much they would give him, 5K! I would love to know how much Audi would give you now after driving out and straight back in again, if they would actually have it.
they probably wouldn't want it. they have to sell so many new ev's by law now. why would they want to try and sell on this pos thing?
2.5 tons the world has gone mad
Reminds me of macmasters Porche tincan , £120,000 new , now worth about ,£40,000 ,OUCH!!!
My wife’s Tesla model Y has lost £27000 in less than two years and I sold my Tesla model 3 to webuyanycar because Tesla Uk didn’t want to take it back as a part exchange against the new Highland model. Tesla uk offered £5000 less btw. Never again will I touch a Tesla
Highland model? Does it go "och aye" or something?
Who would buy any Audi Merc or BMW without expecting it to lose 50% as soon as you drive it away! All expensive cars drop money like a stone! EV or ice. I saw an 18 month old Aston Martin 8k list price £198000 up for sale at £69000!! So the dealer will be making at least £15000!
All cars drop money like a stone! That's why I bought a two year old Zoe GT LINE with 9000 on the clock for less than £15000! Still with 3 year warranty on the car and 6 years left on the battery. This car only weighs 1475kg with a 52 usable battery!
The new Dacia Spring Brand new £15000 and weighs 982 kgs!
Forget the many other issues. Depreciation related to the massive cost involved with replacing the batter is the killer. 300 miles is enough for most punters, but most of them don't have money to burn even if they have a family that they don't mind burning.
If the battery can be replaced for less than £4000 including fitting even I might consider buying a used one, but not if the cost exceeds the value of the car after just 3 years.
Until this is fixed the maths is not even close to adding up. Even then we still have all of the other issues. Many people simply prefer a car with an ICE under the hood. An electric motor is simply not a turn-on for either the gals or the guys. Similar to an expensive and very life-like rubber man or woman, to the real thing.
I am the sort of driver, at the sort of age, with the right sort of income, living in the right sort of place to be a perfect customer for an EV and even I don't want one. If I did buy one my wife would refuse to even get near it, never mind drive it herself with the kids on board. Nowadays in her country they only cremate dead people and even then only after a long religious ceremony. Unfortunately burning wives alive went out of vogue many years ago.
Many used cars from the West end up in the 3rd world. If you tried plugging your EV in a 3rd World village plug socket the entire road would be plunged into darkness.
Ever actually driven one? Ever tried to learn something new? EVs are not perfect. But they are coming. Partly that’s due to the prices coming down so far and fast. Let someone else take the depreciation hit. Try one ?
Keep up the good work.
I got my dad a brand new Hyundai i10 with 150 miles in 2012 for £6900. It’s done 80.000miles. Only spent £600 on problem. Otherwise just MOT and Service. £20 a year tax.Does 230 miles on £36 of fuel. And just about to part ex for another one for £1500
Buy one second hand then? Absolute bargains. My Tesla M3 has held its value better than ICE, and weighs less than equivalent ICE too. Also goes 0-60 in 3.2 seconds. Not really milk float performance? Battery projected to be good for 350-500k miles. I’m currently on a road trip to Prague. Going like a dream.
Hold your breath for two more years, then those EV will be prohibited 500 meters from hospitals, malls, condos and under ground garages, home insurance will ask for addional coverage if you have EVs
Can somebody tell me whether that 230miles of range is what you get from a 100% charge. I ask this because we are now being told that, to avoid premature battery degradation, you should not charge the battery of an electric car to more than 80% and also you should never let it drop below 20%. That only leaves you 60%.
So unless you are prepared to ignore that advice the safe range, by my reckoning, is only 138 miles.
Is that right?
My little BMW i3 cost less than £10k, it weighs not a lot, it has a range more than that Audi, cost zero to Tax, is fun to drive and comfortable.
The thing is this.. if you want to spend stupid money on the latest and greatest then you have an issue. Don’t bang on about depreciation, you let someone else take the hit.
That is gross in many ways.😂
Why do folk buy cars with iPads glued onto the dash.......so ugly.
I'll keep my XJ351 for ever.
Real leather and suede interior, no plastic or vinyl.
I just bought a Polestar 2. It's great. Fast, luxurious and gorgeous to look at. I also own a Z4 and I need both!
About right chap, well said
I love your videos and we're having the same BS in Canada 🇨🇦inder Trudaeu
Folks are throwing away their money on those things. Madness
Just loving the comments from the Luddites here.
Most of these will have been leased from new, so depreciation is largely irrelevant. They were optimistically priced by Audi when new but now make great value used buys. They are significantly cheaper than a similar age/spec Q5/7 or BMW X3/5 and of course will be much cheaper to run.
Yeah, but someone has to pay for that high MSRP and depreciation. You pay for the high sticker price on your down and lease payments and the dealer or manufacturer takes the hit on the depreciation.
Next, you'll be charged to have the car traded in for recycling because the batteries are too toxic to process. I can see many instances of trees jumping out in front of them on dark, lonely lanes at night. 😮
After another 4 years it will be hard to find a buyer at all whereas my 20014 diesel Q5 is still running in at 60000 miles.
I’m gonna stick with my nifty little C3 as long as it keeps going, thanks all the same.
My 2002 Suburban is 5100 lbs and you could just about park that toy in the cargo area.