Sure, loads of people buy a brand new car and bin it after one year. No those people lease and are not going to be affected in anywhere near the same terms as this would be suggesting. Also if you can afford to buy a brand new car and sell it after a year, then you aren't going to car about the depreciation at all, or sorry lots of people do. Am I doing it right?
EV general discussion
- Thread starter Ricochet J
- Start date
Sure, loads of people buy a brand new car and bin it after one year. No those people lease and are not going to be affected in anywhere near the same terms as this would be suggesting. Also if you can afford to buy a brand new car and sell it after a year, then you aren't going to car about the depreciation at all, or sorry lots of people do. Am I doing it right?
Why are you telling people not to watch something?
Soldato
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I gave the TL;DW version - a flawed comparison that wastes peoples time. They use a retail price not the available price new. I can do you a great deal on Corsa-E if you like, they MSRP is at £32k+, but since it's you I'll let you have one for £25k, deal?
Deleted User 298457
Deleted User 298457
Soldato
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No, and I change it every year.
Only because batteries get bigger. There’s no magic physics going on.
Nah we just here for the popcorn. What about you?
Milk the gravy train when you can
Lol, whut?
I’m very well aware of how they set out the video (I spent quite a few years as a Honda, Audi & Merc salesman)
463K people have watched that vid so far, and I doubt all of them felt their time was wasted.
Very kind of you, but no thank you.
So you are well aware how they set out the video, which means you also know if was about as useful and scientific as a Daily Fail article, and actually a big advert for HPI Cap/Carwow?
Judging from the comments on the video a lot of them basically called the production a waste of time as well, with the data being great for a spreadsheet but not much use in real life if buying a car.
I'll knock another £2k off it since it's Friday, and my manager said I can, if you sign the deal before the end of the day, and throw in some car mats and an air freshener? Come on you know you want to £23k for a £32k plus car, that must be like getting a new car a cheap as second hand right?
There will never be a better time (financially) to run an EV than right now if you can make one work for you.
As adoption increases the taxation will have to rise.
spreadsheet - looks like hpi also syndicated same data to thismoney - if you don't like Beavis
www.thisismoney.co.uk
tm talk about dealer sold prices not trade purchase - that vid did ?
12. Vauxhall Vivaro-e Life ELECTRIC (2020-): -30.1%/-£9,067
13. Mercedes-Benz EQC ELECTRIC (2019-): -30.0%/-£14,475
14. Vauxhall Corsa ELECTRIC (2019-): -29.7%/-£5,909
15. Seat Leon HYBRID (2020-): -29.3%/-£7,038
16. Cupra Born ELECTRIC (2021-): -28.8%/-£9,314
17. Audi e-Tron Sportback ELECTRIC (2019-2023): -28.7%/-£14,345
18. Hyundai Ioniq5 ELECTRIC (2021-): -28.2%/-£10,886
19. Volvo C40 ELECTRIC (2022-): -27.9%/-£11,921
=20. Peugeot e-208 ELECTRIC (2019-): -27.8%/-£5,975
=20. Range Rover Sport PETROL (2017-2023): -27.8%/-£18,214
22. Mazda MX-30 ELECTRIC (2020-): -27.6%/-£5,344
23. Peugeot e-2008 ELECTRIC (2019-): -27.5%/-£6,371
24. Mercedes-Benz EQE ELECTRIC (2022-): -27.1%/-£17,171
25. Hyundai Kona-e ELECTRIC (2018-2023): -27.0%/-£6,613
=26. Skoda Superb HYBRID (2019-2023): -26.7%/-£8,975
=26. Range Rover Sport HYBRID (2017-2023): -26.7%/-£16,575
=28. MG5 EV ELECTRIC (2020-): -26.4%/-£5,413
=28. Mercedes-Benz EQS ELECTRIC (2021-): -26.4%/-£27,625
=28. VW ID.3 ELECTRIC (2020-2024): -26.4%/-£7,393
Source: Cap Hpi - data based on average dealer prices achieved for 1 year old cars with 10,000 miles on the clock in February 2023 vs February 2024
Biggest 3-year-old (30k miles) used car price fallers from February 2023 to February 2024
Was your car worth a lot much more just one year ago?
Of the 30 second-hand models that have plunged in value in the last year, 24 are EVs. The hardest-hit year-old example is today worth 36% less than it would have been 12 months ago.
Biggest used car price fallers (11 to 30) from February 2023 to February 2024
11. Citroen e-C4 ELECTRIC (2020-): -30.4%/-£6,64412. Vauxhall Vivaro-e Life ELECTRIC (2020-): -30.1%/-£9,067
13. Mercedes-Benz EQC ELECTRIC (2019-): -30.0%/-£14,475
14. Vauxhall Corsa ELECTRIC (2019-): -29.7%/-£5,909
15. Seat Leon HYBRID (2020-): -29.3%/-£7,038
16. Cupra Born ELECTRIC (2021-): -28.8%/-£9,314
17. Audi e-Tron Sportback ELECTRIC (2019-2023): -28.7%/-£14,345
18. Hyundai Ioniq5 ELECTRIC (2021-): -28.2%/-£10,886
19. Volvo C40 ELECTRIC (2022-): -27.9%/-£11,921
=20. Peugeot e-208 ELECTRIC (2019-): -27.8%/-£5,975
=20. Range Rover Sport PETROL (2017-2023): -27.8%/-£18,214
22. Mazda MX-30 ELECTRIC (2020-): -27.6%/-£5,344
23. Peugeot e-2008 ELECTRIC (2019-): -27.5%/-£6,371
24. Mercedes-Benz EQE ELECTRIC (2022-): -27.1%/-£17,171
25. Hyundai Kona-e ELECTRIC (2018-2023): -27.0%/-£6,613
=26. Skoda Superb HYBRID (2019-2023): -26.7%/-£8,975
=26. Range Rover Sport HYBRID (2017-2023): -26.7%/-£16,575
=28. MG5 EV ELECTRIC (2020-): -26.4%/-£5,413
=28. Mercedes-Benz EQS ELECTRIC (2021-): -26.4%/-£27,625
=28. VW ID.3 ELECTRIC (2020-2024): -26.4%/-£7,393
Source: Cap Hpi - data based on average dealer prices achieved for 1 year old cars with 10,000 miles on the clock in February 2023 vs February 2024
Biggest 3-year-old (30k miles) used car price fallers from February 2023 to February 2024
| Car | Feb23 price | Feb24 price | £ movement | % movement |
|---|---|---|---|---|
| Lexus UX ELECTRIC (2020-present) | £26,238 | £16,775 | -£9,463 | -36.1% |
| Seat Mii ELECTRIC (2019-2022) | £13,350 | £8,675 | -£4,675 | -35.0% |
| VAUXHALL Mokka-E ELECTRIC (2020-present) | £18,963 | £12,488 | -£6,475 | -34.2% |
| DS3 E-Tense ELECTRIC (2019-present) | £18,033 | £11,875 | -£6,158 | -34.1% |
| Land Rover Discovery Sport HYBRID (2020-present) | £40,933 | £27,183 | -£13,750 | -33.6% |
| Mercedes-Benz EQA ELECTRIC (2021-present) | £33,100 | £22,025 | -£11,075 | -33.5% |
| Honda e ELECTRIC (2020-2023) | £20,100 | £13,475 | -£6,625 | -33.0% |
| Kia Soul EV ELECTRIC (2014-2019) | £15,650 | £10,550 | -£5,100 | -32.6% |
| Range Rover Evoque HYBRID (2020-present) | £38,914 | £26,529 | -£12,386 | -31.8% |
| Mercedes-Benz EQC ELECTRIC (2019-present) | £40,100 | £27,663 | -£12,438 | -31.1% |
| Vauxhall Grandland X HYBRID (2019-present) | £20,260 | £14,070 | -£6,190 | -30.5% |
| Hyundai Kona Electric ELECTRIC (2018-2023) | £20,192 | £14,042 | -£6,150 | -30.5% |
| Citroen e-C4 ELECTRIC (2020-present) | £17,817 | £12,417 | -£5,400 | -30.3% |
| Vauxhall e-Vivaro Life ELECTRIC (2020-present) | £25,100 | £17,550 | -£7,550 | -30.1% |
| Range Rover Sport HYBRID (2017-2023) | £52,740 | £37,020 | -£15,720 | -29.8% |
| Vauxhall Corsa-e ELECTRIC (2019-present) | £15,565 | £10,925 | -£4,640 | -29.8% |
| Volvo XC40 HYBRID (2019-present) | £31,450 | £22,210 | -£9,240 | -29.4% |
| Seat Leon HYBRID (2020-present) | £19,950 | £14,094 | -£5,856 | -29.4% |
| Kia Soul EV ELECTRIC (2019-present) | £23,800 | £16,850 | -£6,950 | -29.2% |
| Volkswagen e-Up ELECTRIC (2013-2023) | £14,250 | £10,100 | -£4,150 | -29.1% |
| Range Rover Sport PETROL/DIESEL (2017-2023) | £54,382 | £38,736 | -£15,645 | -28.7% |
| Citroen C5 Aircross HYBRID (2019-present) | £21,775 | £15,550 | -£6,225 | -28.6% |
| DS Crossback HYBRID (2019-present) | £24,733 | £17,689 | -£7,044 | -28.5% |
| Audi e-tron Sportback ELECTRIC (2019-2023) | £43,546 | £31,223 | -£12,323 | -28.4% |
| Peugeot 3008 HYBRID (2019-present) | £25,319 | £18,281 | -£7,038 | -27.8% |
| Peugeot e-208 ELECTRIC (2019-present) | £16,925 | £12,229 | -£4,696 | -27.7% |
| Jaguar I-Pace ELECTRIC (2018-present) | £31,292 | £22,642 | -£8,650 | -27.7% |
| Mazda MX-30 ELECTRIC (2020-present) | £15,913 | £11,538 | -£4,375 | -27.5% |
| Range Rover Sport DIESEL (2017-2023) | £53,182 | £38,491 | -£14,691 | -27.5% |
| Peugeot e-2008 ELECTRIC (2019-present) | £18,450 | £13,379 | -£5,071 | -27.4% |
Yes, as I said.
Did I say anything to the contrary?
Nah, too many wheels for me to spend £23K on.I'll knock another £2k off it since it's Friday, and my manager said I can, if you sign the deal before the end of the day, and throw in some car mats and an air freshener? Come on you know you want to £23k for a £32k plus car, that must be like getting a new car a cheap as second hand right?
Get me £ 9K off a Panigale and I’m all ears.
Spot on. Every brand new Taycan is £20k-£30k off list price now. A year ago there was no discount off list price.
Yup agree, hence why I think the video is a total waste of people's time as it doesn't mention once that new prices have gone down.
Deleted User 298457
Deleted User 298457
Some bargains on there. Funny the biggest "net" drop is a petrol Range Rover and then in second place a diesel Range Rover lol.spreadsheet - looks like hpi also syndicated same data to thismoney - if you don't like Beavis
tm talk about dealer sold prices not trade purchase - that vid did ?Was your car worth a lot much more just one year ago?
Of the 30 second-hand models that have plunged in value in the last year, 24 are EVs. The hardest-hit year-old example is today worth 36% less than it would have been 12 months ago.
Biggest used car price fallers (11 to 30) from February 2023 to February 2024
11. Citroen e-C4 ELECTRIC (2020-): -30.4%/-£6,644
12. Vauxhall Vivaro-e Life ELECTRIC (2020-): -30.1%/-£9,067
13. Mercedes-Benz EQC ELECTRIC (2019-): -30.0%/-£14,475
14. Vauxhall Corsa ELECTRIC (2019-): -29.7%/-£5,909
15. Seat Leon HYBRID (2020-): -29.3%/-£7,038
16. Cupra Born ELECTRIC (2021-): -28.8%/-£9,314
17. Audi e-Tron Sportback ELECTRIC (2019-2023): -28.7%/-£14,345
18. Hyundai Ioniq5 ELECTRIC (2021-): -28.2%/-£10,886
19. Volvo C40 ELECTRIC (2022-): -27.9%/-£11,921
=20. Peugeot e-208 ELECTRIC (2019-): -27.8%/-£5,975
=20. Range Rover Sport PETROL (2017-2023): -27.8%/-£18,214
22. Mazda MX-30 ELECTRIC (2020-): -27.6%/-£5,344
23. Peugeot e-2008 ELECTRIC (2019-): -27.5%/-£6,371
24. Mercedes-Benz EQE ELECTRIC (2022-): -27.1%/-£17,171
25. Hyundai Kona-e ELECTRIC (2018-2023): -27.0%/-£6,613
=26. Skoda Superb HYBRID (2019-2023): -26.7%/-£8,975
=26. Range Rover Sport HYBRID (2017-2023): -26.7%/-£16,575
=28. MG5 EV ELECTRIC (2020-): -26.4%/-£5,413
=28. Mercedes-Benz EQS ELECTRIC (2021-): -26.4%/-£27,625
=28. VW ID.3 ELECTRIC (2020-2024): -26.4%/-£7,393
Source: Cap Hpi - data based on average dealer prices achieved for 1 year old cars with 10,000 miles on the clock in February 2023 vs February 2024
Biggest 3-year-old (30k miles) used car price fallers from February 2023 to February 2024
Car Feb23 price Feb24 price £ movement % movement Lexus UX ELECTRIC (2020-present) £26,238 £16,775 -£9,463 -36.1% Seat Mii ELECTRIC (2019-2022) £13,350 £8,675 -£4,675 -35.0% VAUXHALL Mokka-E ELECTRIC (2020-present) £18,963 £12,488 -£6,475 -34.2% DS3 E-Tense ELECTRIC (2019-present) £18,033 £11,875 -£6,158 -34.1% Land Rover Discovery Sport HYBRID (2020-present) £40,933 £27,183 -£13,750 -33.6% Mercedes-Benz EQA ELECTRIC (2021-present) £33,100 £22,025 -£11,075 -33.5% Honda e ELECTRIC (2020-2023) £20,100 £13,475 -£6,625 -33.0% Kia Soul EV ELECTRIC (2014-2019) £15,650 £10,550 -£5,100 -32.6% Range Rover Evoque HYBRID (2020-present) £38,914 £26,529 -£12,386 -31.8% Mercedes-Benz EQC ELECTRIC (2019-present) £40,100 £27,663 -£12,438 -31.1% Vauxhall Grandland X HYBRID (2019-present) £20,260 £14,070 -£6,190 -30.5% Hyundai Kona Electric ELECTRIC (2018-2023) £20,192 £14,042 -£6,150 -30.5% Citroen e-C4 ELECTRIC (2020-present) £17,817 £12,417 -£5,400 -30.3% Vauxhall e-Vivaro Life ELECTRIC (2020-present) £25,100 £17,550 -£7,550 -30.1% Range Rover Sport HYBRID (2017-2023) £52,740 £37,020 -£15,720 -29.8% Vauxhall Corsa-e ELECTRIC (2019-present) £15,565 £10,925 -£4,640 -29.8% Volvo XC40 HYBRID (2019-present) £31,450 £22,210 -£9,240 -29.4% Seat Leon HYBRID (2020-present) £19,950 £14,094 -£5,856 -29.4% Kia Soul EV ELECTRIC (2019-present) £23,800 £16,850 -£6,950 -29.2% Volkswagen e-Up ELECTRIC (2013-2023) £14,250 £10,100 -£4,150 -29.1% Range Rover Sport PETROL/DIESEL (2017-2023) £54,382 £38,736 -£15,645 -28.7% Citroen C5 Aircross HYBRID (2019-present) £21,775 £15,550 -£6,225 -28.6% DS Crossback HYBRID (2019-present) £24,733 £17,689 -£7,044 -28.5% Audi e-tron Sportback ELECTRIC (2019-2023) £43,546 £31,223 -£12,323 -28.4% Peugeot 3008 HYBRID (2019-present) £25,319 £18,281 -£7,038 -27.8% Peugeot e-208 ELECTRIC (2019-present) £16,925 £12,229 -£4,696 -27.7% Jaguar I-Pace ELECTRIC (2018-present) £31,292 £22,642 -£8,650 -27.7% Mazda MX-30 ELECTRIC (2020-present) £15,913 £11,538 -£4,375 -27.5% Range Rover Sport DIESEL (2017-2023) £53,182 £38,491 -£14,691 -27.5% Peugeot e-2008 ELECTRIC (2019-present) £18,450 £13,379 -£5,071 -27.4%
Caporegime
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Should have renamed that EV's are becoming throwaway cars.
Last edited:
Deleted User 298457
Deleted User 298457
Every car is a throwaway car you plonker. They depreciate and turn to dust unless significant expense is spent saving them.