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right, I've had enough of people saying EV's are reasonably priced.
argue that one.
argue that one.
“YOU JUST CANT BEAT DRIVE”right, I've had enough of people saying EV's are reasonably priced.
argue that one.
They’re just trying to make up their commission in a single sale.Some dealers just really don't want to sell EVs![]()
That sort of comparison only matters in a some bizarre universe where you buy a car, spend money on running it, then never sell it.IMO EV's are definitely OVERPRICE, since they have the 'quality'(space/inner decoration/suspension etc) that equals to the petrol counterpart which only costs about 1/2 to 1/4 of the EV version. And it would literally take you huge amount of distance/range travelled to cover(money saved from using electricity) the price difference between EV and petrol version.
Though that's just my opinon.
That sort of comparison only matters in a some bizarre universe where you buy a car, spend money on running it, then never sell it.
The total cost of ownership includes the resale value of the car, and whilst more expensive, EVs have proven to have stronger resale values than ICE. So when you compare depreciation costs, rather than purchase prices, you get a completely different conclusion. More often it's already cheaper when you look at depreciation before you even get to running costs....
This to me is far more relevant, as it is what happens in the real world (i.e I buy used cars, run them for a few years, then sell and buy another).
Of course there is a strong argument that the higher prices of EVs are a barrier to entry for a lot of people. I agree with that.
Bit different in the USA and pretty much mirrored in the UKHere we have alot of EV cars running, but the resale value of EV is still pretty sad, it's about 40% of its original value after 3 years, and it's only about 10%-20% after 5-6 years of service, which is very poor compare to its petrol counterparts.
Also the problem is exaggerated in the UK and elsewhere as most EVs early on had large dealer contributions under PCP. If you take that into account, some EVs were even appreciating.Bit different in the USA and pretty much mirrored in the UK
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Tesla Model 3 Value Drops 5.5% In 1 Year, BMW 3 Series Value Drops 38% In 1 Year
Looking at collapsing used auto sales recently, I referenced a market research report from iSeeCars that showed a used Tesla Model 3, on average, lost 5.5% of its original value after one year, a much better result than any other vehicles on the marketcleantechnica.com
Blimey! Your local scrappy must be incredibly generous!That sort of comparison only matters in a some bizarre universe where you buy a car, spend money on running it, then never sell it.