Good info thanks. Good shout on the insurance didn’t even consider that a factor given my age location and ncd but the Tesla model 3 LR is £600 a year extra on insurance over what I am currently paying. Didn’t ever get quoted that high when I was 17 ha.
EV general discussion
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Soldato
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The I4 and GLC are significantly cheaper on our Comp car scheme.
How do you guys feel about musk constantly lowering Tesla prices, killing your resale value?
Rental car companies aren't too happy and some are considering dumping their stock before the resale gets even worse - which would be a negative feedback loop when rental companies start dumping a 100k Tesla cars on the second hand market
Rental car companies aren't too happy and some are considering dumping their stock before the resale gets even worse - which would be a negative feedback loop when rental companies start dumping a 100k Tesla cars on the second hand market
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Not sure if this is right, Reading services has v4 but isn't open to all is it?
We're on a technology curve and EVs are going to get cheaper over time for quite a while yet. Might as well just get used to it. Other manufacturers cut the price of models as they age as well to be fair, they just do it through finance deals, deposit contributions, discounts, extra warranty etc. to try and hide the fact
Chinese technology curve - tesla's being beaten at it's own game having to reduce margins - although isn't he benefittig from Bidens infdlation reduction act and credits;
this is what Ursula and Rishi should be doing to protect higher eu content brands.
read VW is starting V2L trials on id4's in scandy countries - that would be worth paying a premium for whilst cheaper overnight rates prevail.
this is what Ursula and Rishi should be doing to protect higher eu content brands.
read VW is starting V2L trials on id4's in scandy countries - that would be worth paying a premium for whilst cheaper overnight rates prevail.
V2L isn't anything new, perhaps you are confused with V2H and V2G.
If it gets more people buying EVs then I'm all for it. Just like opening superchargers. In the UK it a clear net gain for the environment (assuming they would have purchased a new car anyhow). But also a net gain for the air quality for my kids.
More selfishly, competition is good for my wallet. My 60k Model 3 Performance wasn't purchased as an investment, but dam it's a cheap way to own an extreme performance car.
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Caporegime
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I believe it's because Tesla's are mass produced, but notoriously difficult to repair - Something to do with Tesla not really ramping up spare parts and repair facilities (someone can correct me if I am wrong)
Even the least powerful ones still have 280Bhp as well.
The new prices for model 3/Y are not materially lower than in 2021. Especially if you are a private buyer, they are higher in the real world using finance. If you paid peak 2022 prices for any car, more fool out on that one I’m afraid.
The base model 3 cost £41k in late 2021, it’s costs £40k now.
In late 2021 you could get one with a 3.4% apr finance. In 2023 the APR on the refreshed model 3 is 9% and makes the total cost of ownership considerably higher, lease prices are higher as well due to residuals falling back to normal levels.
Now look at the whole market, list prices may be up for EVs but real prices are considerably lower across the board.
Here is a random Hyundai Ionic 5 (long range 77kwh premium trim) from auto trader, brand new, no haggling for 39k, a whopping £9k off list.
Auto Trader UK - New and Used Cars For Sale
Find your next car with Auto Trader UK, the official #1 site to buy and sell new and used cars. Over 400,000 cars online. Simple, easy, quick!
www.autotrader.co.uk
Here’s an ultimate for £40k, £10k off list. I’d buy this over a facelift model 3 any day when they are essentially the same price. https://www.autotrader.co.uk/car-details/202311214153631?sort=price-asc&advertising-location=at_cars&make=Hyundai&model=IONIQ 5&postcode=IP14 5UB&year-from=new&fromsra
So yeh, I’m not sure why this conversation keeps coming back to tesla lowering prices. Im not singling you out here either, it’s a daily post in the tesla owners groups….
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Doing some research tonight out of morbid curiosity I checked how much a brand new Tesla model 3 LR was in the states. 47k usd given a rough conversion back is like 38k gbp. How are we paying nearly 12k more for the same car, madness
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Caporegime
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I agree about the pound. I thought the difference would be more like 5000 not 12000.
Naive of me perhaps, makes you feel like your getting ripped off.
This comes up all the time on literary everything.
US prices are always quoted without tax. Sales tax in the US varies by county, then state, it’s no more than ~10%.
U.K. and EU prices have 20% VAT already added.
The US also has some hefty incentives, $7500 off the price.
You are not comparing apples with apples. It’s like when the yanks complain that their cars don’t get the same MPG as our cars not realising a U.K. gallon is considerably larger than a US gallon.
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I wasn’t far out.
It’s $51024 taking off that 7500 federal tax incentive and adding on the sales tax. Still works out about 9-10k cheaper in gbp for the us car.
Anyways it does not matter I don’t live in the us nor plan to buy a new one so it was just a curiosity. Many factors in this just wasn’t expecting the gap to be that wide. Pound value as mentioned does not help.
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Soldato
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Dont forget sales tax for the state when comparing to UK with VAT already on.
You’re still not looking at like for like prices. You need to look at pre tax prices, the tax is not relevant when comparing prices as it’s outside the manufacturers control. The US has a considerably lower tax burden, this isn’t news but they also don’t have public services we take for granted.
In the US the LR is $45,990 before tax and discounts.
In the U.K. the LR is £49,990 with 20% vat included. So it’s £41,658 without taxes.
$46k USD is is £36.5k GBP, probably more like £38k as no one gets the bank interchange rate and the US car doesn’t need to be shipped around the world.
***The other thing to factor in is that cars imported from China (or the USA) are subject to a 10% import tariff, once you knock that of, the price difference is minimal.
It’s worth bearing in mind the US car is the old outgoing model and the price delta between the SR and LR is only $7k USD.
When tesla launched the refresh model in the U.K./EU they increased the price delta between the SE and LR cars quite a bit. I’m pretty sure it also used to be £7k, it’s now £10k.
I’m pretty sure when I bought mine the price delta was closer to £6k.
Edit:*** I forgot cars from outside the EU are subject to a 10% import tariff so yeh, actually the price is basically the same.
Edit2: the LR actually costs £38,453 once you knock off the 10% import tax and VAT. At best, the US car is £36.5k if you assume they get the interbank exchange rate which they will not and the U.K. car has to be shipped across the world which takes a month.
So back to my original conclusion, the prices are basically the same.
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Caporegime
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Zapmap shows you all chargers/availability and let's you plan routes.Good morning all,
Could someone please recommend a reliable charging app? Preferably one that shows fast chargers? I am with octopus energy for gas and electric and aware of the octopus Electroverse?
Thank you
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Exactly.
My 2019 SR+ cost £38.2K (Midnight silver)
PCP APR was 3.9%
EV grant was £3.5K
New 2024 SR is £42K (Stealth grey)
PCP APR is 9.5%
As soon as the APR drops to below 4% again I'll be ordering a new one. Model Y is currently 3.9%.
The refresh has many more features and improvements compared. Apart from the slower 0 - 60.
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