When was this update?
EV general discussion
- Thread starter Ricochet J
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Don’t fall for the obvious misdirection. ALL cars go through incremental and powertrain updates and the “older model” syndrome always affects used car prices and insurance is not relevant either as exactly the same variables apply to ICE or EV.
An insurance quote for a 2014 iX20 was £430 for me and my wife. In contrast a 2022 I-Pace was £670 and a 2043 Volvo C40 EV was £480. This is the older gen FWD version now replaced in production with more efficient RWD version.
So for us the oft quoted EV massive insurance nonsense was pure FUD.
An older model ID3 or Polestar 2 (or Volvo C40/XC40 recharge) is not suddenly irrelevant any more than a previous gen pre facelift Golf is less relevant for used buyers.
An insurance quote for a 2014 iX20 was £430 for me and my wife. In contrast a 2022 I-Pace was £670 and a 2043 Volvo C40 EV was £480. This is the older gen FWD version now replaced in production with more efficient RWD version.
So for us the oft quoted EV massive insurance nonsense was pure FUD.
An older model ID3 or Polestar 2 (or Volvo C40/XC40 recharge) is not suddenly irrelevant any more than a previous gen pre facelift Golf is less relevant for used buyers.
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Although I'm not sure there is even that much of an impact between updates, the older car is just cheaper because its older, has that much less useful life lest in it and more wear and tear. That's pretty much it.
Just look at Model 3's as an example, early 21/71* plate cars had a 55kwh battery and the 22 plate car had a 60kwh battery. There is only £1500 between the two models despite the latter having a bit more range and an updated infotainment system (AMD vs Intel on the older car).
*71 plate cars delivered from December had a 60kwh battery but not the updated AMD infotainment system which came in the next batch for the 22 plate change.
Just look at Model 3's as an example, early 21/71* plate cars had a 55kwh battery and the 22 plate car had a 60kwh battery. There is only £1500 between the two models despite the latter having a bit more range and an updated infotainment system (AMD vs Intel on the older car).
*71 plate cars delivered from December had a 60kwh battery but not the updated AMD infotainment system which came in the next batch for the 22 plate change.
There’s nothing to discuss. Shocker as the older any car gets the harder it is to source spares.
Older car insurance is no more expensive than a new car because insurance does not cover wear and tear and in the end event of a crash, the cheaper older car can simply be less expensive to simply write off.
Older car insurance is no more expensive than a new car because insurance does not cover wear and tear and in the end event of a crash, the cheaper older car can simply be less expensive to simply write off.
Yeah just interested in jpauls over analysis. He should stick to Hollyoaks.
For us if want 200 miles of range I think.
It would mean one stop seeing family. And one stop for camping trips.
But would cover all day trips.
5k is max I'd want to pay for a car that's functional.
We tend to buy cars in the 10 yearish old range as it takes that long to get down to sub 5k.
If that holds for electrics, you're looking at a long wait. And probably need some sort of battery refurbish option too. 10 year old battery I'd suspect might not be great (not sure)
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Imagine buying a car based on two trips a year and having rules about certain range just to save a few mins charging
I think you are completely missing the Goldilocks period of ev ownership by waiting for some utopia car that will come when the government need their fuel duty back.
I think you are completely missing the Goldilocks period of ev ownership by waiting for some utopia car that will come when the government need their fuel duty back.
I am pretty sure I am gonna manage close to 400miles in my Enyaq on the latest charge. 192miles done and 192miles remaining on 50% charge and most of my 192miles done was on M1 as well.
A bit of sun really helps things. The average on the current full charge is 5.1miles/kwh.
A bit of sun really helps things. The average on the current full charge is 5.1miles/kwh.
maybe the efficiency jump on vw is unique but 15% bringing in-house the motor&invertor , we are not seeing that on ICE,
ICE efficiency as it matters to me motorways+small-urban has changed b*all over last 10+ years, but rapid churn on ev tech invalidates/devalues older models faster,
to the detriment of parts/insurance cost for those older models.
maybe above is just a retiteration of ev range general improvements, anyway gives me caution getting into a 15-20K 2nd hand ev;
Battery tech too, do I believe gigafactories will stockpile surplus production for future repairs on the scale required , -if- a stockpiled battery even retains its properties.
Soldato
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wow that is incredible!. what battery does the car have?
my nissan 350z could just about do 450 miles on a tank of fuel (ok admittedly that isnt the most representative ICE car
) but still, 400 miles range is at least approaching petrol tank of fuel range.as always YMMV but for me at least, what i lose time wise in the rare time i need to stop to recharge publicly - and even rarer time that that doesn't coincide with when i need to stop anyway - the time saved not having to visit a petrol station because i charge at home >90% of the time massively swings time saved in my favour, and that is with a car with only maybe 70% of the range of yours..
btw.... and this is leaning a little OT now, but so far in May, it is looking like my comparatively small in modern standards roof solar system is generating as much electricity as our house and TWO EVs use... (we dont actually charge our cars from the panels very often for reasons which are covered in the relevant topic....)
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Soldato
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Pope Pritt-stick on glue again.
Caporegime
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If he has a perfectly capable car that costs sub 5k then he really isn't going to save any money because the cars at that end of the market have rubbish range and the car he has can do those 200 mile journeys without stopping.
The only thing that exists at the moment that fits my needs (300 miles estate) is the Taycan Gran Turismo which is a 100k+ car.
We personally spend £1500 a year on fuel between both of us commuting. By the time you factor in lease costs of even something basic, keeping another car insured and taxed for long journeys it just doesn't make financial sense.
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Soldato
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you are absolutely correct.
the 1 thing which is better than buying an EV, both in terms of cost and probably environmentally as well is................ not buying a new car at all!. Obviously there will be a cross over point but as a society we should get full use of our products....
my wifes 13 year old pug 308 was great, only worth about £3.5k but it was reliable and economical and in really good condition. We had no intention of replacing it any time soon until it was written off.
it is only buying new cars where i think people should really think about it and see if they can make an EV work for them (and it wont for everyone), but sticking with what you have is almost always a good option.
For those people where an EV really doesnt work - and going forward i really hope they get fewer and fewer, and where they have a ceiling price below what a long range EV is, there should be plenty of pre loved ICE cars still in inventory from people who have made the leap.
IMO it will be another 25 years before there are a shortage of "cheap" good quality preused ICE cars on the market.
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Caporegime
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I don't want a crossover they are horrid. I want an estate. Simple as that.
I know the Taycan boot is smaller but that is my point of what little choice there is available. I think the only other options are from Peugeot/Vauxhall and BMW I5.
The Peugeot 308 SW cannot even muster 300 miles, has terrible performance and will be worthless in 5 years. The BMW costs 90 grand!
A 3 year old 530D would be a third of that at 30k.
Soldato
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Kind of missing the poiint of good EVs if you are genuinely comparing a Taycan to a 308.
But thats okay, most people do until living with an EV and realise how much of a dinosaurs most ICE cars feel after. Cost deltas on running cars seem to just simply not consider just how much more pleasant driving is!!!
That said its an endless converasation on this EV stuff when the talkers who cant do the walking keep popping up - Hiya Pope Plato.
But thats okay, most people do until living with an EV and realise how much of a dinosaurs most ICE cars feel after. Cost deltas on running cars seem to just simply not consider just how much more pleasant driving is!!!
That said its an endless converasation on this EV stuff when the talkers who cant do the walking keep popping up - Hiya Pope Plato.
Fair enough, but don’t forget the MG5 
The RRPs on new cars are wildly over inflated. If you actually buy an i5, you shouldn’t be paying £90k for it. You can pick them up for considerably less with little effort. Likewise, if you are leasing/PCPing a new car, which most people do, it doesn’t really matter.
The RRPs on new cars are wildly over inflated. If you actually buy an i5, you shouldn’t be paying £90k for it. You can pick them up for considerably less with little effort. Likewise, if you are leasing/PCPing a new car, which most people do, it doesn’t really matter.
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Caporegime
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I am not comparing them. I just want a 5 series Estate sized car with 300-400 BHP with a range of 300+ miles to replace what I currently have.
There are literally a handful of estate EV's to choose from in 2024. Also with the 308 I was talking about the new EV model to avoid confusion.
Fair enough, but don’t forget the MG5
The RRPs on new cars are wildly over inflated. If you actually buy an i5, you shouldn’t be paying £90k for it. You can pick them up for considerably less with little effort. Likewise, if you are leasing/PCPing a new car, which most people do, it doesn’t really matter.
Okay but even a brand new delivery mileage 530e hybrid is 50k so where am I going to save 30k by running the EV?
Leasing doesn't really matter but is also the best way to waste money too (Unless of salary sacrifice). I have always bought cash or cash + unprotected loan so I do understand in that respect I am in the minority.
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