Selling The Tesla & Saving Money Using Advanced Man Maths!

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  • Опубликовано: 21 мар 2024
  • God level man maths in action to justify buying different cars every few months or so!
    2nd Channel: / @drivingohm
    Website: www.ev-man.co.uk
    Tesla Referral: ts.la/andrew31112
    Twitter: / evmanuk
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    #electriccars #tesla #cars
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Комментарии • 313

  • @lucasfunkt
    @lucasfunkt 3 месяца назад +54

    I think the cost and hassle of having to buy and sell every few months would put me off.

    • @nigel.w
      @nigel.w 3 месяца назад +1

      Mad maths rather than man maths, IMO.

    • @NigelSavagery
      @NigelSavagery 3 месяца назад +1

      not even factoring in changing insurance and fixing the niggles you will always get with old electric cars

  • @AndrewHelgeCox
    @AndrewHelgeCox 3 месяца назад +89

    Buy a car after the first depreciation cliff then keep it until it falls apart and never look at prices again. Think of everything you could do with the time and mental energy that you are spending on this kind of man maths.

    • @ObiePaddles
      @ObiePaddles 3 месяца назад +3

      I either buy new and keep for 10 years to get the new experience, or after 3 years as you suggest.

    • @The1Mischief
      @The1Mischief 3 месяца назад +3

      Yep, that's how I've been doing it. Buy a 2-3 year old car, drive it for 3 years, sell.
      This year I bought new, so I'll drive it until the warranty expires or keep it going.

    • @robinbennett5994
      @robinbennett5994 3 месяца назад +4

      It's good content though - we'll keep coming back to see what he gets and how much each one cost. And his used-car-price videos will have more weight.
      EVM's in the unusual position of needing to stay current with all the used car prices, so he's done half the work already.

    • @ChaimLoecher
      @ChaimLoecher 3 месяца назад +7

      I've been buying new and selling 1 yr old Teslas this past 4 years (since co^id) ... The private buyers are buying 1 yr old cars for the price of new - so I even-swap up. It's Nuts!

    • @majordelays4909
      @majordelays4909 14 дней назад

      @@ChaimLoecherso you’re that guy 😂

  • @peterawlings6568
    @peterawlings6568 3 месяца назад +12

    Pre-EV’s I had a similar problem…I was commuting 3 days a week into a city…0nly 40 miles but then last 8 miles were always gridlocked and tediously slow. It was painful. One November (maybe not the best month for weather) I decided to learn (and pass) motorcycling test (call it a mid-life moment too ?? 🤣) and bought a comfortable 1000 cc bike with heated grips good screen and brilliant protective and warm clothing etc and did not look back. My 1.5 hours to 2 hours each way commute dropped to 45 minutes on average and as the Porche’s and the rest were at 3 mph for 30 minutes I could get past in a few minutes - plus park for free outside the front door of the office rather than pay for parking (city centre)…. I also got to learn a new skill, experience the sense of a highest awareness of the ride in every way, did advance motorcycling with the Police and became a much better driver (even though I am ok as had been a continental lorry driver in my 20’s and so road aware) and relished each journey.
    I’m 70 now and miss the riding as I sold the subsequent second bike when needed the money after a reduction in work.
    Cars are not the only answer. Yeh I am very green yet have questions about the massive expansion of batteries and the potential long-term environmental impact, but even though EV’s may be the best option really we need a less individualised transport system…. Which I realise necessitates a re-shaping of the economy but a re-shaping that might be forced on us anyway if global carbon emissions are not stopped soon.
    Of course there is compromise and being conflicted in every energy-use decision, so a motorbike might not be the best at the moment for carbon fuel use, although developments are taking place. I was not a biker in any sense of the word until I changed my mind about my situation and needs and did something very different. I never regretted it.
    Just a thought….
    Be safe….

    • @simonstead8495
      @simonstead8495 3 месяца назад +1

      That's it EVM. You are EVM not E car M. Electric bikes are the way forward. There is not much content out there on electric bikes. (Like Peter, I had some good years riding a motorbike that was right at the time. Somewhat older now those are in the past, but if younger I would look at an electric bike, just content with 2 electric cars now.)

  • @michaelarcher6278
    @michaelarcher6278 3 месяца назад +21

    Keep the Tesla, it has the best charge network by far. (and I don't even have an electric car 😅)

    • @tonyshipton8896
      @tonyshipton8896 2 месяца назад

      Or get an older Model S with free SuperCharging…?

  • @JimT-RCT
    @JimT-RCT 3 месяца назад +17

    I love having new (to me) cars, but hate the process of buying and selling cars.

    • @paulb1951
      @paulb1951 3 месяца назад

      Use a car broker when buying, saves a lot of arse on negotiating. Selling is a pain I do admit.

  • @craigoneill4504
    @craigoneill4504 3 месяца назад +31

    Better run it through the 'Wife' maths first... lol

    • @KennethBilverstone
      @KennethBilverstone 3 месяца назад +2

      Then it would be a BIG NO I’m afraid to say 😢

  • @petershorney7504
    @petershorney7504 3 месяца назад +9

    You clearly enjoy trading your cars, but for many of us it's an emotional/anxious transaction. However, I really like your man maths approach. Keep it up EVM.

  • @barrymurton8988
    @barrymurton8988 3 месяца назад +12

    Interestingly, what does the boss at home think!

  • @AdamAugustPhoto
    @AdamAugustPhoto 3 месяца назад +14

    Although I don't envy the idea of constantly shopping around for the potential next car (I find it stressful personally), I can definately see the logic to your man maths here.
    On a separate note, I can highly recommend the Enyaq. Great motorway cruiser, nippy around town and doesn't feel all that big to drive. With the bigger battery variant you'll easily manage your 200 mile commute.

  • @iainhusband445
    @iainhusband445 3 месяца назад +13

    If you keep it and run it till it dies, you'll save more in the long term, better than giving car sales people a cut every time.

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад +3

      The car is worth something now, if I keep til it dies it still has cost xyz. Depends how long I guess.

    • @MrQlife
      @MrQlife 3 месяца назад +2

      @@ElectricVehicleManI think you already decided in your heart, now you just need to reconcile your heart with your mind 😀

    • @Hell-Hound1
      @Hell-Hound1 3 месяца назад +12

      @@ElectricVehicleMan I seem to recall that a while back you had the chance to sell the Tesla for a couple of k less than you paid for it. You didn't though, and now it's worth half that. That was the time to do all this, not when you've just lost £20k in 2 years on it. Keep it and prove all the anti ev crowd wrong. You can still play Arthur Daley with your other cars.

  • @simonreeves2017
    @simonreeves2017 3 месяца назад +6

    Hi EVM, every time you change cars it costs money. Very few people make money flipping cars, miles added always add to depreciation, but a Model 3 should last several hundred thousand miles.

  • @Jaw0lf
    @Jaw0lf 3 месяца назад +4

    The downsides are the actual amount you can sell it for. Going with an older car obviously makes this far easier to go direct to the second hand purchasers, rather than the dealers. Higher prices are less likely to attract as many diect purchasers.
    An interesting idea but will very much depend on getting a super deal in the first place.

  • @williamfence566
    @williamfence566 3 месяца назад +1

    If you had no you tube content I'd say keep what you know as it's lost it's greatest amount already. But the buying / selling / using content created from changing regularly is the key to making man maths sense. Looking forward to the content

  • @thefifthdoctor6780
    @thefifthdoctor6780 3 месяца назад +8

    I’m going to pick up a long range Tesla model 3 around 3 years old. Just so cheap now with low mileage.

    • @NigelSavagery
      @NigelSavagery 3 месяца назад

      ever wondered why they are so cheap? when the battery fails you can always sell it for scrap I guess

  • @andrewdyson4255
    @andrewdyson4255 3 месяца назад +6

    Like the idea but it depends solely on your ability to buy at a good price and sell at a similar good or better price.

  • @JonathanPalfrey
    @JonathanPalfrey 3 месяца назад +4

    From a content creation standpoint it’s a great idea. The biggest pain will be the constant buying and selling however that’s not such an issue if you enjoy the process.
    I’m tempted to do something similar with my model 3 lease coming to an end. The easy answer would be to go for a 21 model 3 sr however I do like the idea of experimenting 🤔

  • @ChaimLoecher
    @ChaimLoecher 3 месяца назад +9

    Man maths deserves a man answer...
    I dare you to do it!

  • @ianmaitland1673
    @ianmaitland1673 3 месяца назад +2

    This would be a great idea. Each year there are more and more people buying an electric car second hand, because most of us can't afford a car brand new. With you reviewing different second hand cars, it will cater for a growing market.

    • @NigelSavagery
      @NigelSavagery 3 месяца назад

      the statistics of new car registrations show a significant fall in electric car registrations year on year

  • @jimf4748
    @jimf4748 3 месяца назад +1

    I have an i3 and it does motorway journeys easily. If you can charge at the office it may be worth keeping it. I also find it comfortable for long journeys.

  • @martinweston8147
    @martinweston8147 3 месяца назад +1

    Model S with free suer charging would be my first go to, if its about saving money you also need to consider the cars that are the most efficient, so Kona / Nero etc...

  • @AdrianMcDaid
    @AdrianMcDaid 3 месяца назад +2

    Have done those kind of miles pre COVID it was hell after while, with the amount of time waiting in car. Thankfully now fully remote.

  • @mikadavies660
    @mikadavies660 3 месяца назад +3

    Good man-logic and good RUclips content.... Worst case is you break even!

  • @neilm9400
    @neilm9400 3 месяца назад +2

    Id love a discussion/video on car manufacturers reluctance to add the vth to their cars. My car sits on my drive for a huge amount of time. It would make more economic sense if it had dual purpose as a sunk cost.
    The fisker had it, e150
    Is there a standard for vth..

  • @duncanmartin2626
    @duncanmartin2626 3 месяца назад +3

    Depending on how frequently you change, you're essentially playing a used car dealer in your spare time. If that sounds like fun, go for it - there's not a large amount of risk if you are buying sensible secondhand cars, and you know the release schedule of new stuff so you can avoid messing it up that way. And if you have a rainy day fund of a couple of grand in case you end up on the wrong side of a deal, it's an interesting idea. If you really wanted to gamify it, you could see if you can trade up over time to end up in something super nice (though I suggest that probably involves taking more risk).
    It sounds like a lot of hassle to me, but I hate selling cars - I'd be happy to watch you doing it though. :)

  • @garethboyd325
    @garethboyd325 3 месяца назад

    Absolutely, go for it! 🚗

  • @Beyondact
    @Beyondact 3 месяца назад +3

    What'll the tesla cost you per year if you keep it another 10 years? That is the question not what it'll be worth after the next price cliff of 100k miles. But massive respect for the man maths.

  • @philhough3596
    @philhough3596 3 месяца назад +2

    As already said you’re going be spending a lot of time buying and selling and with added pressure of price changes. If you go newer end of the market you even have things like new model releases to upset previously stable prices.

  • @stuartpocklington7107
    @stuartpocklington7107 3 месяца назад +3

    Man maths makes sense, plus you get content for your channel too boot. Biggest downside is time and hassle each time you get another car

  • @prjackson7802
    @prjackson7802 3 месяца назад

    Great video

  • @andrewshore9918
    @andrewshore9918 3 месяца назад +4

    Buy second hand you have no idea how it’s been treated. One bad car and your plan dies. Keep the known good car until it falls apart

  • @leesmith9299
    @leesmith9299 3 месяца назад +2

    i don't think it's worth the effort for normal people but for the sake of content it's a great idea for you.

  • @rocket3man
    @rocket3man 3 месяца назад +6

    The reason I bought a model 3 was to do as many miles in it over a 20 year period and then scrapping it. Stop going down the continuous financial drain of regular changing cars.

    • @s9enny
      @s9enny 3 месяца назад

      20 years ?

    • @robsengahay5614
      @robsengahay5614 3 месяца назад

      I’m hoping for at least 15 years. Beyond that is a bonus but then we only do average mileage so after 15 years it will have done about 160-170,000 miles. Current thinking is the car will still be ok then.

    • @s9enny
      @s9enny 3 месяца назад

      Hopefully it will only time will tell fingers crossed 🤞

    • @robertimrie3710
      @robertimrie3710 3 месяца назад

      James and Kate looked at a very very high mileage Model 3 Uber. I think it was 200k miles and he said it was still a good buy for another 200. Any car is a lottery but if you have a good one it can be a keeper. I kept my mid 1990s French car for 20 years from new, never let me down and was still in good nick. If a French car can do it then an EV is worth a shot.

  • @sandancer5382
    @sandancer5382 3 месяца назад

    Its a good idea in my opinion as you can give viewers your day to day driving experience in difference cars, one of which may be something they are thinking of buying

  • @tigerv88
    @tigerv88 3 месяца назад +4

    The MG5 is excellent value used with some low mileage examples around £14k and with a range of approx 180-210miles. Has a lot of kit for the money and decent warranty. Even the newer shape that has not been as successful can be had for similar.

    • @nigel.w
      @nigel.w 3 месяца назад +1

      He has a Tesla Model 3 he says is worth 18k. As good value as a used MG5 may well be, a used Tesla Model 3 represents even better value, with the benefits of additional range and the all-important Tesla supercharger network.

    • @tigerv88
      @tigerv88 3 месяца назад +1

      @@nigel.w appreciate that but that’s not really the question he was posing. He could sell the Tesla to buy other cars and keep moving them on. So an MG5 would put money back in pocket and a low cost option that would still meet his needs.

    • @nigel.w
      @nigel.w 3 месяца назад

      @@tigerv88The argument is actually he can save money versus keeping the Tesla. I didn't hear a money in the back pocket argument. And seriously, what would you buy, an MG5 for 14k or a Tesla Model 3 for 18k?
      Before used EV prices crashed I was seriously considering a first gen MG5. Since they crashed and Model 3s dropped dramatically and MG5s did not, I'd pay the extra for a Model 3 any day...unless I really needed an estate.
      I have no problems with the MG brand but most Brits are brand snobs. The Tesla is much faster, and there's the all-important Tesla supercharger network.
      Unless you need an estate, I can't see a genuinely good reason to buy an MG5.
      And his man maths are in all likelihood to turn out to be mad maths. Possible, but more and more unlikely as time goes on.
      Swapping a car he's had from new for a sucession of cars others have driven and potentially abused, or simply owned by people who have far less sympathetic understanding of EVs than he does is IMO a ridiculous proposition.
      Lastly, if you've watched this channel for a while you'll know his needs include regular trips to visit family more than 200 miles away IIRC, and reasonably regular family trips away, including to relatively remote parts of Scotland, etc. The Tesla has proven itself suitable. He doesn't need an estate.
      A first gen MG5 is far less efficient, has less than 2/3 the range, and doesn't have access to Tesla's charging network, which he has previously said is of major importance.
      IMO, this video is the result a bad brain fart.

    • @tigerv88
      @tigerv88 3 месяца назад

      @@nigel.w all good debate. End of day I would have the MG5 and a few grand back if I had the choice. In decent weather I get 200miles + out of the MG5 so hardly unsuitable for the trips discussed.

    • @nigel.w
      @nigel.w 3 месяца назад

      @@tigerv88I guess we'll have to agree to disagree. Not at all unsuitable, but not as easy. And IMO the asking prices for MG5s relative to Model 3s is out of balance and too high, which should ultimately result in a market correction, which at the end of the day will likely hit you in the back pocket. But I stress that I'm in no way against the MG5. Could be the perfect family runaround, and is the only reasonably priced EV estate on the market. At the moment I have no skin in the game. Trying to stay objective. And let's face it, for the proposal at hand, he'd only have an MG5 for a few months before moving it on for something else... IMO, he's mad to consider moving on an already heavily depreciated Model 3 that's he's owned from new for anything else.

  • @martinhudson6637
    @martinhudson6637 3 месяца назад +8

    That sounds silly. That’s why I started watching 👀 you

  • @dcj2dan
    @dcj2dan 3 месяца назад +2

    With inflation the cost of the repeated car purchases will slowly creep up. You would be better off just running yours into the ground. Good content as well. You can show what the M3 is capable of in terms of long term use and mileage.

  • @80y3r9
    @80y3r9 3 месяца назад +3

    Everyone other than you should keep it..
    Do it for the channel!

  • @rkde2042
    @rkde2042 3 месяца назад +1

    Polestar2 dropped like a rock recently and quite a nice car

  • @kinross24
    @kinross24 3 месяца назад +1

    ENiro 4+ mate. Get JP to get one at auction for a good price. They are a great used buy just now because of the newer model NiroEV.

  • @shottostravels
    @shottostravels 3 месяца назад +2

    Hi Evm, I have done this for years. Everybody, Everybody thinks Im mad. But, I like the process, the chase of buying a car at a good price and then selling before it loses too much. You know, its about research. It can be a pain in the arse, my missus hates it, she worries what the neighbours or our friends think. I dont.
    I have made money on some and lost on others of course but no more than buying new and keeping it. Ive had a lot of fun too. I know the car buying and negotiating process better than the dealers sometimes, and know how far I can push, sometimes not at all.
    I say if you dont mind the process do it.
    Bon chance mon ami.👍

    • @shottostravels
      @shottostravels 3 месяца назад

      Oh, and you have a better reason than me, ie you're channel. Good luck mate.

  • @paulstewart1626
    @paulstewart1626 3 месяца назад

    Man Math! Since you have 3 cars already, use them. I would like to see you try it your way though. Sounds like fun.

  • @judebrown4103
    @judebrown4103 3 месяца назад +1

    I've always contrived not to have to sell privately because I find the prospect daunting. Stick me behind any counter, shop or pub and I can give you all the spiel and sell coals to Newcastle. Absolutely no idea how to go about selling a car, which I'm sure you must find extraordinary but if you could possibly do an in depth video about how to go about selling a car, ev obvs, from start to finish, I for one would find it very helpful.
    Not quite sure how I've managed to get through my long life in such ignorance. I think we always had a fair and decent local garage with whom it was just easier to chop in the car for another used one and have all the paperwork done. Then we had a small windfall again chopped in the old one and bought new, had that for ten years until a small accident wrote it off last year and we got our first ev. We'd planned to make the move later this year which would have been perfect for affordability but, no, its us, so we got forced into buying at absolute top price. We got a lovely car, Ioniq 38kWh in that beautiful blue which has utterly spoiled us for anything else so not in a hurry to sell it. However we dont want to let it get too old before we do sell it for similar reasons to those you listed. Hope you think thats a worthy topic for a video Andy, I for one would greatly appreciate your advice. 👍

  • @danagourley5723
    @danagourley5723 3 месяца назад

    Sounds like a good idea. Realistically, for me, a used EV is more in my price range and seeing what you can get in the used market would certainly be interesting.

  • @ChrisCarline
    @ChrisCarline 3 месяца назад +2

    Hahaha, I'm wondering about something similar. I got my M3 in March 2020 (just before lockdown). It's a great car and I've put 40K miles on it, with (to all intents and purposes) no issues at all. But now I have a new job and will be putting around 25k on it per year from now on. The man-maths is also whirring away in my head, but with a slightly different equation as I'm not a content creator... :) The problem I have is that I've been spoiled a bit; even now there's not much out there (at a reasonable price) that gets anywhere close to what I already have. So what to do! I'll follow along with what you decide with interest!

    • @tonyshipton8896
      @tonyshipton8896 2 месяца назад

      An older Model S/X with Free Supercharging?

  • @mrmawson2438
    @mrmawson2438 3 месяца назад

    Cheers mate

  • @cannygrowabeard
    @cannygrowabeard 3 месяца назад

    I think the only point I was thinking might be a stress is having to change insurance details if they charge you a flat fee for a change, but I guess that might only be 4x £25 per year or something like that, and VED.

  • @johniooi3954
    @johniooi3954 3 месяца назад +2

    MG5, MG4, E-Niro, Kona. Plenty more out there. Sounds like a plan, but Mrs 1st & hope for the best. Example MG5 4,100 miles 2022 £17K (leeds mg)

  • @peterengland6153
    @peterengland6153 3 месяца назад +1

    I can not remember when I last sold a car, my last two vehicles had been insurance write offs, and no neither was my fault.

  • @myfyrmadocjones
    @myfyrmadocjones 3 месяца назад +3

    Better the devil you know - until repair costs become uneconomic.

  • @Rombitekti
    @Rombitekti 3 месяца назад

    Excellent rationalisation lesson. But If you like buying cars, go for it.

  • @richmaniow
    @richmaniow 3 месяца назад

    Definitely the way to go just from the content point of view, more and more motorists are going to be buying used EV's and knowing which offers the best value in terms of battery degradation, car insurance and depreciation is going to be invaluable.

  • @nxsynjs
    @nxsynjs 3 месяца назад +1

    It’s a thought. But for every car change you will incur more depreciation, more uncertainty as to its condition, more insurance costs as well as the time time pressures and hassle of finding and buying the replacement. You could sell your Tesla, and replace it with a lfp SR with a more resilient battery or long range to be sure of winter mileage.. Keeping your m3 is the least hassle option, you know the car, and if you never sell don’t need to worry about depreciation which only really affects you when you want to sell. Just put aide 2k a year for bills and at the end of time, have a nice holiday with the remainser

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад

      The idea of this is to have no depreciation. Or very little.

    • @nxsynjs
      @nxsynjs 3 месяца назад +1

      @@ElectricVehicleMan If you don't ever sell it, you wont have any. It's like house prices. You never make/lose money on a house until you sell it, Until then it's theoretical :)

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад

      @@nxsynjs At some point the car stops.
      It’s then worth nothing. Thats the same.

    • @nxsynjs
      @nxsynjs 3 месяца назад

      @@ElectricVehicleMan I wonder if there is such a thing as EV Bangernomics.. I suspect the independent EV garage will need to grow more before that happens. Maybe make a new channel. EVM buys cars. :)

  • @TonyOrc
    @TonyOrc 3 месяца назад +2

    I was going to suggest a Skoda Enyaq - seen many for only £16k (edit: That amount was wrong. I plead failing memory and stupidity).
    So, instead, I will fall back to my usual favourite and suggest you get a MG5 - or any MG really. An MG4 is within the price range you mentioned.

  • @Sam-tx1tn
    @Sam-tx1tn 3 месяца назад +1

    Ioniq 5 around £25k looks great value. Bigger car but very nice. Even an ioniq 38kwh - still amongst the absolute best in terms of efficiency and comes with a 5 year warranty. Could pick up the premium SE model for 12-13k.

  • @usaverageguy
    @usaverageguy 3 месяца назад +4

    You only lose $8k in 2 years if you sell it in 2 years. If you keep it, you lose nothing.

    • @robsengahay5614
      @robsengahay5614 3 месяца назад

      That is my line of thinking too. I have lost half what I paid for my Model 3 back in 2019 but that loss is really only theoretical if you keep driving it for years and years and years.
      In some respects it is the same as people saying how much their house is worth now compared with what they paid for it. The trouble is to realise that gain you have to sell it and buy something else which has been going up at roughy the same rate.

    • @Sam-tx1tn
      @Sam-tx1tn 3 месяца назад

      ‘Lose’ not ‘loose’.

    • @usaverageguy
      @usaverageguy 3 месяца назад

      @@Sam-tx1tn Thank you.

  • @nmtb1972
    @nmtb1972 3 месяца назад

    Is registration that cheap in the UK or just temporary discount for EVs?

  • @axelc8611
    @axelc8611 3 месяца назад +3

    Sounds like constant depresiasion anxiety doing that plus you'll miss the supper charger network

    • @salibaba
      @salibaba 3 месяца назад

      Lots of the network is open to any CCS car now though. Plus EVM could simply get jnto a lower mileage model 3LR or a cheap S.

    • @davidspencer7254
      @davidspencer7254 3 месяца назад

      Can't get many suppers on the supercharger network.

  • @rogerkirby6586
    @rogerkirby6586 3 месяца назад +1

    Not the sort of thing I did, I am retired now but during my working life I always moved near (within 10 - 20 minutes drive ) to where I worked, you can move for less than 10k.
    Save hours of driving, fuel, service etc and get loads of extra hours with the family and spare time, no brainer for me. Best for me was not having to get up at silly o'clock to play with the traffic. Plus you are not clogging up the roads.

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад +1

      I think you’d pick 1-2 days a week doing this rather than 5 locally.
      I’m also not moving to Stoke from Yorkshire!

    • @rogerkirby6586
      @rogerkirby6586 2 месяца назад

      @@ElectricVehicleMan Find a Job in Yorkshire then ??

  • @robsmith1a
    @robsmith1a 3 месяца назад +1

    I'd be a bit worried about a Tesla out of warranty because in the event of battery or drivetrain failure it is effectively written off given the lack of an independent repair network. Polestar 2 or Mégane E Tech?

    • @chrishyde1216
      @chrishyde1216 3 месяца назад

      Tesla battery and drivetrain have an 8 year warranty and 100k/120k miles for SR/LR. That seems like a long time.

  • @jimrandall1739
    @jimrandall1739 3 месяца назад +1

    Go for it.

  • @stewardjames
    @stewardjames 3 месяца назад

    Interesting maths, I'd say if youll enjoy the game of constantly shopping about and trying something different every few months then give it a go as long as you're happy you might not save anything if the market moves agaist you. You are also in a uneque position having driven most models before to not get stuck with something you hate

  • @paul_null
    @paul_null 3 месяца назад

    Don't forget to factor in insurance costs of different cars.... and efficiency.

  • @GuyM-hp6in
    @GuyM-hp6in 3 месяца назад

    Not just man maths, this is quantum level man maths.

  • @jeffb7241
    @jeffb7241 3 месяца назад +1

    You could give Eco cars, Orkney (Jonathan Porterfield) your requirements and let them do the legwork and get you one from auction at not much more than trade price?

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад

      Na, better myself.

    • @jeffb7241
      @jeffb7241 3 месяца назад

      The advantage of using them though, is that they have access to the trade auctions which the average bloke (or bloke-ess) hasn't.

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад +1

      I want to find and check the car I'm buying, get some warranty backup etc too if it's a trader/dealer. I bet the price will be the same too.

  • @318ishonk
    @318ishonk 3 месяца назад +4

    Blimey your Carbon footprint must be enourmous. So much driving and wasted electricity. I work in IT (from home), use the e-scooter in town and rarely use the car.

  • @frankgooding2023
    @frankgooding2023 2 месяца назад

    I do love the car change man maths
    Couple of tyres / service / spend a bucket of money :-)
    The thoughts of private sales are painful mind. How do you do payment when you sell cash or bank transfer ? 18k is a lot of cash

  • @jcfallows
    @jcfallows 3 месяца назад

    MG5 ! Some really great deals at Arnold Clark

    • @salibaba
      @salibaba 3 месяца назад +1

      Yea, clock a few on it then Cleevley will buy it off you for the fleet 😂

    • @jcfallows
      @jcfallows 3 месяца назад +1

      ​@@salibabaI'm on my third EV, but personality is not the big selling point of normal EV's! if you look at MG5 the old style with 40K miles around around £14000, the latest version with 8K miles around £19k
      So is £5k reasonable for 30,000 miles of trouble free motoring?

  • @stephenclutton
    @stephenclutton 3 месяца назад

    Used EV market still seems a bit volatile so that adds a risk into your man maths. Ultimately i like risk and change because I've got a 'you only live once' attitude. That being the case I'd go for the swap quickly option. You've got a safety net there in that you just stop the project on a car you like if it becomes too much hassle.

  • @colintownsend
    @colintownsend 3 месяца назад

    Thought of leasing?

  • @RJPick1
    @RJPick1 3 месяца назад

    There are two things about Man Maths that make it a perfect solution; 1) On the face of it they always seem entirely logical 2) Somewhere in the calculation there is a massive floor in the reasoning. As long as you ignore or don't look too hard for item 2 you are home and dry. Go for it!

  • @seanrusse6972
    @seanrusse6972 3 месяца назад

    Changing cars between insurance renewals will add to the cost but if u get a billy bargain u might be fine

  • @cloggsy1971
    @cloggsy1971 3 месяца назад +5

    Why don’t you lease? Loads of great deals on EV’s on LeaseLoco etc. at the moment 🤔

    • @connclissmann6514
      @connclissmann6514 3 месяца назад

      Would a lease not lock you into a car for a period? It also carries interest cost on top of anticipated depreciation so if you have cash in hand, why not use cash to get the best deal?

    • @cloggsy1971
      @cloggsy1971 3 месяца назад

      @@connclissmann6514 Yes, you are locked in; 12 months, 24 months, 36 etc. and you have mileage limits too, but road tax is included, servicing can be too… The absolute worse thing you can buy outright is a depreciating asset (a car), so why not pay a monthly rental & have done with it & keep your cash in the bank where it is gaining interest? 🤔

  • @trick700
    @trick700 3 месяца назад

    Your Tesla is a little gem, keep it! Here’s my idea…do the second-hand buy-and- sell thing with other makes and models for your high mileage commute.This will reduce mileage and short-term depreciation on the Tesla. It actually stands you hardly any cost, you know it well and it can always be the nice family backup car; the family deserve this. I think your i3 is your first buy-and-sell victim.

  • @salibaba
    @salibaba 3 месяца назад +6

    Apparently Macmasters Porsche is WORTHLESS.
    Offer £15000 to take it off him then punt it.
    Old owt yer and!!

    • @tim66612343
      @tim66612343 3 месяца назад +2

      It’s a lease car is what he’s said when ppl say just sell it. Although he then moans about depreciation.

    • @Ronick-Q-46
      @Ronick-Q-46 3 месяца назад +1

      EV videos always good for a 🤣😅🤣

    • @davidspencer7254
      @davidspencer7254 3 месяца назад +1

      People who imply they have bought a car and will suffer the depreciation when they are leasing it are, well, pathetic.

  • @andymccabe6712
    @andymccabe6712 3 месяца назад

    Yeah......keep it ....!!!!

  • @Joe-ud2hb
    @Joe-ud2hb 3 месяца назад

    Im in same boat with a '21 Eniro I got @ 12mths old with 5k Mls now has 75k Mls, it'd make €20k now & in 12mth it'll have over 100k Mls & no warranty, what to do???? Gave €37k for it & have saved bout €8k so not bad depreciation really. Great car apparently the newer ones aren't as good
    MY at current price tempting but suspension bit hard...

  • @Joe-lb8qn
    @Joe-lb8qn 3 месяца назад

    Theres also a big difference between 4 years ago and now regarding how many charging stations are out there (notwithstanding the dismal results of your "nearest 10 stations" annual test) which would make the extra miles perhasps as practical as 4 years ago in a tesla. (and theres a vid you can make :-)
    Plus as youve said, more info for your channel.Each new car would produce multiple vids (obvs you know this), but point being much more than the cursory have it for a day or a week and do one quick vid on it.

  • @ashleynightingale8459
    @ashleynightingale8459 3 месяца назад +2

    Sounds like you need a diesel 😂

  • @80y3r9
    @80y3r9 3 месяца назад

    How much would an I pace cost more than an model3? Probably double

  • @jeffcartwright7270
    @jeffcartwright7270 3 месяца назад

    Good idea - But the problem of flipping cars every few months, comes with a LOT of unknown variables. Keeping the model 3 is a better known outcome with less risk I think.

  • @TeaBreak.
    @TeaBreak. 3 месяца назад +2

    Literally just bought replacement ev today. Changing the 2020 Kona EV for a 2022.... Drum roll.... Kona EV! Can't beat over 300 mile range for the money.... Very cheap these days. Managed to do 38k a year in the old one! 🤯 Was tempted with an old Model S but insurance is £1200 compared to £500 for the Kona, and part cost look a bit ruinous in the Model S.

    • @Uchejnr
      @Uchejnr 3 месяца назад

      You did well to avoid the model s. They’re only worth it if you can afford all the repair costs 😂

    • @TeaBreak.
      @TeaBreak. 3 месяца назад +1

      @@Uchejnr Yeah, rather keeps these ev's inside warranty. Lol

  • @tonyshipton8896
    @tonyshipton8896 2 месяца назад

    I Believe most Tesla Model S and X before 2017 had transferable Free SuperCharging.. with your high mileage, how much could you save?

  • @jcflippen1552
    @jcflippen1552 3 месяца назад

    Would you save money by buying through the Eco Cars auction service? Your detailing skills would bring a grade 1 or 2 up to top spec for selling value.

  • @adamspencer95
    @adamspencer95 3 месяца назад

    Yeah I'm not convinced 😂

  • @raffiefoxmew3691
    @raffiefoxmew3691 3 месяца назад

    I bought a 78k Model 3 from Tesla a year ago for £24k and it's now on 93k. I will be keeping it until it dies I think, this is my passion car. Happy to do the maintenance, fuel savings pay for that.

  • @cedriccottage2070
    @cedriccottage2070 3 месяца назад

    It doesn't work once you factor in the time, effort and having to deal with 90% timewasters. In NZ, easy, UK, nope.
    I've tried it in the past, eating around 10 to 15k a year (having 2 fancy cars at any point and always sub 30k mi). Now swapped for 2 60k mi cars, for the first time paying for servicing and repairs and still saving a fortune. Can literally scrap both right now and still be better off, but won't scrap as they are excellent as they are looked after at highest standards.

  • @jonnynorniron
    @jonnynorniron 3 месяца назад

    EC4 at £18k brand new - would it work against the man maths?

  • @antoniopalmero4063
    @antoniopalmero4063 3 месяца назад +2

    D’ya think model 3’s with be sub £10k in years from now , so March 2026 .

  • @anthonydyer3939
    @anthonydyer3939 3 месяца назад

    The man maths sounds interesting, but I suspect it’s an unstable equation at the brand new end of the car spectrum in terms of buying and selling.
    At the 15 year end of the car spectrum, the man maths is a lot more stable in terms of buying and selling, and much lower risk on your capital. Worst case outcome is the “spare parts” value of the car, and a taxi to the nearest station.

  • @misreb1
    @misreb1 3 месяца назад

    In theory it makes sense. In practice though, if you get unlucky with one car and require some repairs then you will spend more money. With so many cars you are buying at a bargain price, you might end up buying one or two with issues that are not easy to spot in a test drive and then get stuck. So many examples of this on RUclips...

  • @decimal1815
    @decimal1815 3 месяца назад

    The risk is that you buy a bargain that then needs lots of mechanical or electrical work done after running it for a few weeks: suspension, bodywork, brakes, OBC, AC unit, heater, etc.

  • @BTC909
    @BTC909 3 месяца назад

    EV's: You lease new, buy used. It's up to you if you want to keep it once the battery warranty is gone.

  • @stricardo1
    @stricardo1 3 месяца назад +2

    7 month old VW id4 £26k from BCA courtesy of Jonanthan Porterfield?

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад

      Can pretty much get that from a dealer tbh. Loads on AT for £25k upwards.

  • @pmac6584
    @pmac6584 3 месяца назад

    get your car from ecocars and then you can just bid to cap clean and have then you get it at the best market price

  • @Sam-tx1tn
    @Sam-tx1tn 3 месяца назад +4

    That was man maths fields medal worthy.

  • @trevorhartley5166
    @trevorhartley5166 3 месяца назад +2

    Save money and move nearer the office and also save the stress of the M6

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад +2

      I'd rather do that journey 1-2 times a week than my previous for 5!

  • @wiggi1968
    @wiggi1968 3 месяца назад +1

    If you don't mind the hassle of near constant car shopping and selling, then go for it! It will obviously be good content for your channel.
    On the other hand, no EV is as good as a Tesla 😊

  • @ElectricCarAustralia
    @ElectricCarAustralia 3 месяца назад +2

    Lol, your a better man then me. I couldn't be bothered with all the hassle. I buy and hold for 10+ years each time.
    Interested too see what you decide to finally do.

  • @klanbo78
    @klanbo78 3 месяца назад

    I get the maths, I've done it myself and still do it with some tech items, such as phones. Wouldn't say it saves money, but if you can experience something different / newer / better and it costs no more, why not?
    However, it only works IF you can a good example of the car you want at a bargain price, at the time you want it. Will obviously help massively if you can overlap the buying / selling, i.e. not relying on sale of a car to buy the next one.
    Every 3 months sounds like too much hassle for me, but i dont run a car based RUclips channel 😁

  • @80y3r9
    @80y3r9 3 месяца назад

    Small car snob
    When you learned to drive that made sense, but with an ev the zoe is probably the size of the golf you'd be happy with and certainly weighs a lot more and the power delivery is fine so it's an old prejudice for motorway cruising

    • @ElectricVehicleMan
      @ElectricVehicleMan  3 месяца назад +1

      No. The Tesla is far more suited and comfortable than the other two options.
      Driving position, not so much size.
      Then there’s mway driving aids which a lot don’t have.