Sell you my Taycan for £85k. 😂 I won't be buying another.

@GeoffBuysCars

Жыл бұрын

£85k would get me 85 cars, thats my issue really, ha ha.

@johnclarke2997

Жыл бұрын

Isle of Skye Video was good. As for the route, I wonder if the route planner when planning a route from Leeds to Isle of Skye was taking EV charging points into consideration ?. All route planners I have go via Glencoe and Fort William.

@stuartwood5448

Жыл бұрын

So if I buy these knocked down priced EV will I be picking up a bargain or will the price continue to depreciate at the same rate- any stats on this

@mandismith89

Жыл бұрын

@@stuartwood5448 problem with ev cars is that its just a trend and nothing else while people are having their bank accounts raped

@brianmays4366

Жыл бұрын

​@@mandismith89It is a fad being forced on us by the government, remember when the government told us that diesel was the future! All ICE cars are to be gone by 2035 and I think private ownership is to be phased out by then. What a shxt show! This is the end of the UK we will be reduced to a third world country

Two things amaze me- how much EV’s lose, and how people have that sort of money to begin with 😂

@trevorsmith7753

Жыл бұрын

@@carlcollins6659 Only some.

@tonysheerness2427

Жыл бұрын

@@carlcollins6659 When you get a company car you are BANDED, only the top people would get a car worth 40k upward

@Tube-Shots

Жыл бұрын

they cant afford it they'll have to sacrifice other things like holidays and days out with the children cause they were crazy daft with their credit, window shopping online when your drunk, leads to these kinds of problems, its not like buying clothes that you can easily send back LOL

@tonysheerness2427

Жыл бұрын

On affordability how much does a tyre cost on EV;s

@John_Wood_

Жыл бұрын

@@TeaBreak. doing a 'ton of miles' is exactly what an electric WON'T do!

Blimey!!!!! As Lee said, "In 10 years there will be ads on TV, 'Were you sold an EV?'......." its VW diesels all over again. IT'S ALL A SCAM.

@tonysheerness2427

Жыл бұрын

A scam including, banks, insurance companies, car manufacturers and governments. In a real world without subsidies these would never have taken ff. When governments work with corporations isn't that Fascism?

@DavidMartin-ym2te

Жыл бұрын

10 years? It ain't going to take that long.

@KentBuchla

11 ай бұрын

Silly. It will be mandated by law. I bought my model x in cash and will drive it until it is dead. Best selling car in the world in May 2023? Model Y. You guys have your heads in the sand and only site worst case scenarios based upon old or current tech. It will only get better. Moore’s Law, Luddites.

@tonysheerness2427

11 ай бұрын

@@KentBuchla Odd it has taken over 140 years for EV's just to catch up.

@GG-ml3vr

10 ай бұрын

​@@KentBuchlaAnd your car looks like a childs toy.

The EV thing is very much the same as the jibby jabby controversy . All those who bought into it would never admit that they had got it wrong even now when it has injured (or worse) so many.

@jonb5493

11 ай бұрын

You mean like brex$hit?

@entity_dragons2013

11 ай бұрын

I'll admit I got it wrong

@johnsullivan5101

11 ай бұрын

I got 5 Covid injections and they had zero impact. Everyone I know did the same and they are just fine. After billions of injections if there were any actual significant real-world side effects we would know.

@briantitchener4829

11 ай бұрын

@@jonb5493 You'd never admit it was right to be free of a controlling cabal.

@chaseshadow

11 ай бұрын

Oughhh that will sting a few - Deniers 😂

I had to do an airport run last night in the company Peugeot E 208. I started with 121 miles. It was scary losing 15 miles up the hills. At one point I was down to 55 miles and was seriously worried about my range. However I managed to get about 20 miles back on the hills down from Bristol airport . Still I had to drive at 40mph on the 60mph which wasn’t an issue at 3.30 AM. All the same, as nice as the car drives I couldn’t help but think how my D4 Volvo diesel would have done the whole thing with zero anxiety and probably not even lost any range.

@MyrKnof

11 ай бұрын

Dont look at miles left, look at %. Why do people do this? They never did this in gas cars, because those numbers where also NEVER ACCURATE. But ooh no, NOW its a fucking problem and cause for anxiety?

@carltonholmes8061

11 ай бұрын

That’s because you’re fecked, if you run out of miles and your battery goes flat, unlike the diesel or petrol when you can refill at any station. Just for your interest, I always check mileage left on my diesel as a rough guidance.

@SleeveZipper

10 ай бұрын

Anxiety is something you have when getting an EV but after less than a year I’m not worried at all. You end up knowing the car perfectly fine

@davidwatkins5317

8 ай бұрын

As an ICE owner the only time I suffered milage anxiety was during a petrol shortage while on holiday in Yorkshire. Instead of deluding themselves, perhaps some EV owners should be more honest and say they hate worrying about milage when unable to home charge their cars.

@SleeveZipper

8 ай бұрын

@@davidwatkins5317 It's a nuisance for sure. But for me it's not a big issue and EVs are a way to spare the environment.

I never have & never will burn 60k on a scalelectric 💥

@richy69ify

Жыл бұрын

Citroen Ami, Renault Twizzy, Sur-Ron Light Bee.

@nautique1970

Жыл бұрын

@@richy69ifyThere not cars there matchboxes

@richy69ify

Жыл бұрын

@@nautique1970 60K EVs are living room on wheels. I bet not many here fill the 5 seats in the SUVs more than once every few months.

@marclang7431

Жыл бұрын

​@@richy69ify none of those are actually cars.

We all will pay a steep price for this even never ever having an EV myself! People just don't get it yet.

@ArcanePath360

11 ай бұрын

It's one reason supermarkets are putting food prices up so much. They have to cover all the cost of infrastructure and maintenance on their useless chargers that are all out of order in winter due to condensation. They try to entice you with free (at first) and then cheaper electric, but you can never get on one that works and even if you can, they make back the money when you go in the store.

@Lewis_Standing

11 ай бұрын

​@@ArcanePath360are you all this conspiracy theory crazy here?

@ArcanePath360

11 ай бұрын

@@Lewis_Standing Yes.

@doublebackagain4311

11 ай бұрын

We are Already paing the price, as regular ICE car prices are raised to cover the costs of building EV's. PS: Just give it a few years & watch electricity prices double (at least)

A friend of mine was able to return her EV to VW after 6 months because she threatened to sue them under the trades description act, when it turned out she could only get 80 miles range in the middle of winter. Maybe try that position.

@ggee7391

11 ай бұрын

You can reject any cars or motorcycle in the UK under consumer law if it does not match advertised claims or is not of merchandisable quality - that includes car that have continuous warranty problems. Dealers will just give you your money back rather than argue the toss.

@marksilgram80

11 ай бұрын

​@@ggee7391only if what is stated in the ad hasnt got an astrix next to it with small print underneath or the word approx....

@virginiaviola5097

11 ай бұрын

That would be a joke in Australia. That’s less than one day’s ordinary driving..kids to school, work, shops..bare minimum.

@Jeremy64444

10 ай бұрын

I don't believe her, because I know a dozen people who want to return their VW EV and are just ignored.

@Greggspies

10 ай бұрын

​@@virginiaviola5097Where is bare minimum

Great Video, and you are right. They are showing crazy depreciation currently as they were initially overpriced, but all cars depreciate at an alarming rate, especially luxury models; smaller cars and cheaper cars will always hold their value better as there is more demand for them with more buyers in the market pool. I have an old 635D that I bought for no money, and I will keep it as it would only lose a little money over the next few years ( Plus, it drives so well). I have a 2016 A7 that I purchased from a dealer two years ago at 23.5k, and now it's worth 18k, so again, the intelligent thing to do would be to keep it. Also, we need to remember that all cars two years ago were overpriced due to demand out stripping supply; the market in now rebalancing. I like the idea of having an older car and keeping it well-maintained. Not only do they look great if they're mint. I do fancy an AV as a runaround, but you have to charge it at home and use the lower night charging rate; there are many pros and cons. Just be sensible and do the maths. Thanks, happy motoring

If a political party pledged to cancel 2030 they would pick up a lot of motorists votes.

@neilg4208

Жыл бұрын

UKIP

@richy69ify

Жыл бұрын

one commentator here reckons car prices will rise 10% each year, so that will price me out of a new car

@ogasi1798

Жыл бұрын

@@richy69ify the prices do not matter as the game of 2030 is to have you out of your car, it is to have you out of your arse and anything else basically

@djparr4727

Жыл бұрын

IMO the first political party that dumps this ridiculous net zero tripe wins the next election. Starmer wouldn't even back the London ULEZ expansion today. They've done the research and they've realised people are starting to understand what this net zero religion is going to cost them and how much it's going to curtail their freedoms and they don't like it.

@xperyskop2475

Жыл бұрын

All political parties are bought if you dont realize this after CON19 and J@Bs don't know what to tell you

This will cause a problem in the car finance market as the vehicles come off the PCP & the finance companies aren't getting their money back.

@bobdog4379

Жыл бұрын

Well spotted.😂

@tonysheerness2427

Жыл бұрын

They are between a rock and hard place. If people stop paying their leases and they impound the car no one is going to buy it. They will lose the money that has not been paid

@chromiumphotography5138

Жыл бұрын

My heart bleeds for them, poor souls. What ate they going to do when there is nothing other than EVs to finance?

@GFY127

Жыл бұрын

@chromiumphotography5138 yes but it's the next person who goes to finance their dream car that will have sky high interest rates... these finance companies always win. The buyer always loses in the long run

@tonysheerness2427

Жыл бұрын

@@GFY127 If the depreciation worsens finance companies will go under

I’m so very grateful I didn’t get caught up in the hype. As soon as I saw the price difference it was a no! Finding out about all the ownership issues just made it worse 😂😂

Just watched your videos for the first time. LOVE IT. I only drive old luxury petrol cars and if you look after them they are reliable, lovely to drive and either hold their value or tick up. Perfect!

@robertgascoyne8194

10 ай бұрын

Same here 👍🏻

@user-zm8ov6hc7s

7 ай бұрын

I bought a 19 year old Mercedes E320d one year ago for £1950. Spent a grand bringing it up to spec. Just passed mot with no issues. Great mile muncher and super comfortable. 5:33

@panzervalkyrie9299

5 ай бұрын

Yup me too picked up a 08 bmw 540i v8 with only 21000kms for NZD 16k (£8000) in Mar 2022 at peak EV craze. Its amazing! So reliable. Only issue so far after 25k kms is rubber boots replaced on suspension . Does average 700km per full tank . ( 80% rural driving) . It’s so luxurious AC superb in our 80% 28 deg c humidity here and looks awesome compared to most modern cars IMO . I honestly like it more the longer I own it. Great feeling too knowing your saving $10s of thousands p.a compared to all the EVs here in my city Auckland. There everywhere now .

My Dacia Duster was three years old on a PCP. Chopped it in for another Dacia. Brought at £17,500 in 2020. added 16,000 miles on it and now its for sale for £17,250 ! Never expected a Dacia to depreciate by that small amount.

@John_Wood_

Жыл бұрын

how did you find them? I quite like them in orange with steel wheels.

@BionicRusty

Жыл бұрын

I had a petrol XC40 which was £41k new. I had it for 2 years before I chopped it in. It was on the forecourt for less than a week before it sold. (Didn’t need valeting because I’m an avid detailer) It was up for £40,000.

@BillyNoMates1974

Жыл бұрын

@@John_Wood_ brilliant cars. Very undrrated by journalists (The genuine motor journalists rate them). I am currently on my fourth Dacia. Had two Dusters and two Sandero Stepways. They dont handle like a mini or a fiesta but you wont be paying those prices either. Had a Duster 1.5Dci - 50Mpg day in day out Sandero 0.9l - great town car but a little strained on the motorway Duster 1.3l 150 Bhp - Sh1t of a shovel but fuel economy wasnt great at 36Mpg Current Sandero stepway - very good motorway cruiser (especially in auto gearbox. nice low revs), if a little slow off the mark.

@Herbal69

Жыл бұрын

@@BillyNoMates1974 Does that make James May a genuine motor journalist?

@hefinjones3385

Жыл бұрын

I wouldn't touch them with a barg pole like committing financial suicide.

ALL the things i have been banging on about EV,s for years for are helpfully told by this gentleman to the wider public.Thanks Geoff.

Had an iPace for 3 years on a lease as I was a little worried about longevity. Loved the car but decided to replace with a Tesla Model Y which I bought outright - plan to keep it a minimum of 10 years as I’ve retired. I’m not an EV evangelist as such - I love my petrol bikes and am looking for a classic V8, but do love EV as a practical daily.

@chrissmith4022

11 ай бұрын

Sadly your battery won’t last 10 years without significant loss of efficiency and eventually failing completely. Don’t hang on to it for too long as older EVs with failing batteries will be worthless just landfill

@sagalout

11 ай бұрын

@@chrissmith4022 Nonesense scaremongering. Plenty of 10 year old Teslas out there already with batteries still at 85-90%.

@hughmarcus1

11 ай бұрын

@@chrissmith4022nonsense. The vast bulk of Nissan Leafs are still on the road & the early ones are 12 years old now.

@jasonswann335

11 ай бұрын

@@chrissmith4022that’s utter rubbish. ICE cars also lose performance across 10 years too. Do some research and stop pedalling myths created by the oil industry funded media.

@juliegwilliam8503

10 ай бұрын

Looking on the bright side ....you won't need to buy a coffin of pay for cremation, it comes free with your EV 😜

Isn’t this the aim to make reasonable travel by any means inaccessible (or the accepted norm?) to the masses?

@dr_jaymz

Жыл бұрын

Correct. The inconvenience is the exact point. Theres no replacement for the car, and that's on purpose.

@scudosmyth784

Жыл бұрын

Correct and that will include cruises and flying.

@daleskidmore1685

Жыл бұрын

@@scudosmyth784 The electric planes in development now are to put everyone off flying.

@djparr4727

Жыл бұрын

Yes, yet apparently these politicians work for us... We need to make some seriously big changes to who we elect.

@alanjm1234

Жыл бұрын

​@@djparr4727no, we work for them. Didn't you get the memo?

I've a friend who laid out £57k cash money for a Skoda EV just a couple of months ago. He already calls it "that bloody thing".

@GeoffBuysCars

Жыл бұрын

Get his numberplate and mileage, I bet it's £35k now....

@DUB-sential

Жыл бұрын

That's an expensive mistake

@philiptownsend4026

Жыл бұрын

A few years ago if someone said a Skoda would cost £57K you'd buy them a bus ticket to the loony bin.

@saynotothegreatreset

Жыл бұрын

If you show him this video he slash his wrists 😊

@carlarrowsmith

Жыл бұрын

Those Skoda's EVs are crazy money, they do a base spec and then have way too many option packs, which confuses the dealers and second hand market. People are spending 10k+ on options which they loose in value straight away as the second hand markets doesn't value them.

Yeah Geoff but my understanding is that before the ink is dry on the sales agreement all new cars lose about 40% regardless of the fuel. So why should overpriced EVs be any different?

I bought my Peugeot 4007 for twelve K in the year 2000 It's now worth about 2 or 3 K. At 85 K miles it is good condition, dealer maintained, returns 45 mpg and is totally reliable. I have no intention of swapping for anything else.

The ev story is completely falling apart and I'm loving it. To celebrate I'm going for a drive in my 20 year old V6 MG that's worth more than I paid for it 8 years ago.

@GeoffBuysCars

Жыл бұрын

I love this comment

@joebloggs4191

Жыл бұрын

Now that's a proper MG not like the crap coming out of China now with MG stuck on the front.

@tilerman

Жыл бұрын

My run around is a 2005 Fiat Van. Had it 9 years, never once let me down, it's in great condition, paid £2500 for it so it owes me less than £300 a year. And as ULEZ approaches, i need to sell it and been offered £1000, so it owes me just over £100 each year I've owned it. Now that's cheap motoring!

@dcarbs2979

Жыл бұрын

I'm driving the sister (Rover) car.

@bentullett6068

Жыл бұрын

​@@joebloggs4191I can vouch from what I have heard from my brother who currently works at a volvo, polestar and MG dealership that the new MG's are built terribly. Saying that the Polestar's aren't that great either reliability wise.

EV propaganda can't hide the fact that no one wants them. Thanks for the real world facts

@derekr1113

Жыл бұрын

True - poor people like you cant afford them

@charlessmith2469

Жыл бұрын

Autocar - The top 10 best-selling cars in Europe 2023 - at no 2. Tesla Model Y, 21,530 sales, +1838% year on year

@ianhamilton3113

Жыл бұрын

I have one and I would never go back to ICE. So you are talking out of your backside. "no one wants them." You had better tell 35000 people who bought them in June.

@ianhamilton3113

Жыл бұрын

Sorry, I said 35000 buyers but I was wrong, it was actually over 31000. Do apologise for that.

@gilleyb1900

Жыл бұрын

@@charlessmith2469thats because they are lease or fleet cars not private buyers thanks to the BiK, the lease price will go through the roof as depreciation is so bad.

It's not just the purchase cost, inconvenience of trying to find a charger, hoping it works or isn't busy when you eventually find it (because they're not always where the maps say they are), worrying if you're going to have enough charge to get there, have to plan your journey to make sure you do find one, then have to wait for it to charge, put up with service station crap at top prices while you're waiting, sit in their plastic cafe or sit in the car while it's charging if it's freezing or raining, and so on. But that's all you ever get from EV fans, "you're wrong", no matter what the facts say, no matter what the experience is, no matter what the stats say. Heads stuck in the sand whilst wearing their rose tinted glasses.

@roxximusik8958

11 ай бұрын

You are so right, bro.

@rreagan007

11 ай бұрын

I think the disconnect is that people expect to use an EV just like they have always used ICE cars. If you're the kind of person who drives to 30-60 miles a day to work or wherever and you get home and just plug in your EV every night, then an EV works just fine. But if you want to drive from full to empty then go to a charging station to recharge like you're going to a gas station, or you drive over 60 miles per day or you like to go on long road trips, then you're probably going to be disappointed with an EV. EVs work great for people who have a lifestyle that is compatible with them. For other people ICE vehicles are a better choice.

@-A-lm5xb

11 ай бұрын

@@rreagan007 Yes, almost certainly that's the issue for many people but it's more than that. What people cannot accept is that we're in the 21st century and don't expect to go backwards in any way, like having to plan your long trip for charging purposes, or spend a lot of time charging your car and at double the price that you normally pay for your fuel on the odd occasion that you do go away from home. Days like bank holidays must be an absolute nightmare. I saw half a dozen Teslas queueing in a not particularly busy motorway service area last bank holiday Sunday, and that was only 10 a.m. Now Tesla have opened up their charging points to other brands - and make no mistake they have done it for profit, not for the befit of mankind - it's likely to get worse rather than better, as Tesla chargers will now be much busier and the powers that be are likely to feel less pressure to improve the network quickly, which I don't think they should be doing at taxpayers expense anyway. But I think the main opposition rises rom the fact that they're being forced upon us whether we want them or not. That is not how a democracy is supposed to work and many people, myself included, see it being more about control as our states become less of a nanny state and closer to a police state. The EV brigade don't help with their attitude which seems to be something like "These are the future so you'd better get used to the idea whether you like them or not", and that is not how it should be. If they were that good there should be no need to push them, they should sell themselves.

@severnsea

11 ай бұрын

@@mikebreen2890 There are so many issues with your statement that I don't know where to begin, but here goes. Of the few people that are buying these - and it is a small percentage of the overall new car buying public, despite the incentives and huge price drops - there will always be those who don't want to be outdone by their neighbours, as they see it, but that doesn't mean EVs are any better. The "naysayers", as you call them, are in the vast majority at the moment, the sales figures prove it, in fact the ratio of ICE cars sold to EVs is so big that it's not even a debate. If that's what people prefer that doesn't make them look stupid, in fact it makes you look stupid for even suggesting it. You must remember that this about CHOICE, and if you're trying to take that choice away from people then you're a lot worse than stupid. "There are still issues with public charger reliability, availability and ease of use". Correct. "Unfortunately, EV take up is outpacing charger installation". Correct. Now try putting two and two together and see what you come up with. I'll tell you - your second point makes a complete mockery of the rest of your statement relating to public charging, because it means that the situation is getting WORSE, not better. More cars per charger means more difficulty charging, so no, the issues are not being tackled, they're being ignored. There is no evidence whatsoever that there will eventually be enough chargers for everybody, all we hear from you lot is "it will get better in the future" but that's no good to us now and there's nothing currently happening at a fast enough pace to suggest it will get any better - you admitted it yourself! Let's continue shall we? "Availability is an issue" - Correct. "EV's are becoming so popular... " - Incorrect. VW, Mercedes and others have had to pull back production because people are not buying them in the numbers expected. Even the supposedly popular Tesla even had to cut prices by 20% at the beginning of the year to boost sales, the highest discount EVER given by ANY motor manufacturer in the entire history of motoring. Had they been as popular as you claim then those discounts would have been made by ICE car manufacturers because they couldn't shift them, NOT an EV manufacturer. Depreciation and affordability - Yes, they are becoming more affordable on the used market BECAUSE of depreciation. That's not a good thing for those who bought new or those tied into an expensive leasing contract. Heavy depreciation is a bad thing, not a good one and is one of the main reasons that most people are not buying EVs. Your argument is now beginning to look really silly, we're three-quarters of the way through dissecting your post and you haven't come up with a single good point that would make anybody want to buy yet. Whether you want to call them rich people's toys or not is up to you, I've never heard anybody use that as an argument against them. They are more expensive than ICE cars for an equivalent specification and size without a doubt, and insurance and tyres are generally more expensive. Even the Tesla Model 3 is the top insurance group, in a far higher group than my Jaguar and the tyres, although smaller, are more than double the price for the same brand of tyre. So given that buying a car is expensive, especially in the UK, it's obvious why most people don't want to pay even more for something that's more hassle, because you can argue as long as you like but until you can fill up and go in 5 minutes from just about anywhere in the country they're less convenient, and I and many other people do not want that, simple as. As for servicing, the cheapest price I've heard of is £200 from Tesla and that seems expensive to me on a car that apparently has nothing that needs to be serviced. You'll currently have to use a main dealer, which are top price, whereas you can get car serving done anywhere now very reasonably. New car buyers are generally not that bothered anyway as it's generally covered in the lease price. Finally, you keep telling us about "the benefits of EV's" but apart from cheaper home charging, which is no good to half the country because they can't charge from home, you haven't managed to name a single one in this or any other of your countless posts. Carry on trying to convince yourself, because you're not fooling anybody else.

@severnsea

11 ай бұрын

@@mikebreen2890 Sorry, but you don't get to write as much EV nonsesne as you want then decide how long a reply should be. You either want to debate your case or you don't. I assume therefore that you don't. I don't care either way, I have better things to do anyway.

The top 10 depreciating cars for July were all electric Ev's. The biggest faller over 12 months was the Tesla model x that lost 29%, also in the top 10 was the Aidi e tron,, Jaguar I pace,, bme i3,, cheers Mark

@nigelrowe2204

2 ай бұрын

As expected with expensive cars to begin with. The biggest faller though was a Vauxhall Mokka E - but it's more expensive than a Tesla 3...

Your my hero, Geoff. You will kill the EV market single handed. 🗡🗡

@GeoffBuysCars

Жыл бұрын

I am trying. I filmed 3 today, the other two get progressively less serious because I couldn't keep it together when reading the articles!

@andytunnicliffe7223

Жыл бұрын

The only thing that will kill him, is being suffocated by the amount of BS he produces.

@KKandEV

Жыл бұрын

Oh god🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

@jimjones-bk2is

Жыл бұрын

Why would this be a positive thing in your view? Do you like breathing poison?

@coastliner5848

Жыл бұрын

@@andytunnicliffe7223 No for suffocating amounts of BS that's the "climate change" cranks & zealots

Hi Geoff, i think i have the ideal vehicle of the future, my good old fordson dexter tractor 1957, wich i rebuilt during lock down and funded by ferlow, thanks rishi, it just about manages 20mph with a tweek to the injection pump, so perfect with the new speed limits, exempt from ulez, free road tax, no mot, no electrictrnics to piss you off, [ just a starter motor ] got to have some mod cons, got a carry box on the back for the run to tesco's, going up in value all the time, turns alot more heads than the modern dull and ugly generation of crap vehicles on offer today, i can also mow my field go out logging and tow broken down computorised junk away, its the future, you know it makes sense, OH almost forgot its very handy in relocating those stupid plant pots some twat keeps blocking our roads with, love your vids must go for a pint sometime,,,,,,,,,

@daleskidmore1685

Жыл бұрын

I love a tractor. If you get a David Brown, you practically own an Aston Martin, lol.

@LK-vy7jh

Жыл бұрын

🤣🤣 brilliant, thanks for the laugh.

@LessBeard

11 ай бұрын

Perfect reply! Love it 😂 Can we all go for a pint & sort this crazy world out?!

@ggee7391

11 ай бұрын

Yeah my 1959 ford is still on the road - paid £350 forty five years ago and now worth £25000. No plastic and no electronics, even the radio is mechanical. It's got this amazing device on the door - you just turn it three times and the window opens. Two leather sofas front and back, clock you can see at a glance. Heater that's really hot, windscreen wipers and lights that you can dip with your foot. No neurotic voice nagging at you and no frecking bleeping every five minutes. Oh, and park in next to the latest 120K range Rover and the crowd will around the Ford.

@keithdallison5388

11 ай бұрын

yes motors of today far far too tec no need for it .they just can charge you more for it ,

My experience was completely different. My 2013 New model S I bought, sold 2 years later for the same amount I actually paid after the government rebate. At the time there was a huge waitlist. Just now we traded in our almost 3 year old budget EV and got 90% of what we paid new for it (after the rebate and sales promos at the time). Reason is our EV now is wayyyyyy cheaper that the other new EV's in the market and many do still have insane waitlists.

@jsanders100

11 ай бұрын

He doesn’t want to hear this, gets good clicks from petrolheads by playing to their prejudice

@MOSSFEEN

11 ай бұрын

@@jsanders100 No point talking to EVangelists they know it all

@illgottengains1314

11 ай бұрын

Happy to subsidise your waste of money and resources. You’re welcome.

@3ducs

11 ай бұрын

Government rebate means other people are taxed so that you can buy a car. How does that make economic sense?

@nickfry7705

11 ай бұрын

Good to hear that it all costs in based on getting govenment (us that is) handouts/subsidies. So if we all have one we all pay our own subsidy and then the numbers can work. No, I thought not.

My diesel Volkswagen bought it 22 years ago I think for about $21,000 I was offered $8000.06 months ago. Of course I said no because it’s irreplaceable now.

How much are main dealers reselling used ev's for? Would be a good comparison to see what they are offering to buy them back at and then what they sell for. I smell a scam.

@davidsworld5837

Жыл бұрын

it is a scam buy it cheap then double the price to sell on. it is fake, people sell due to they have to take any offer so dropping the value.

@pussinboots1145

Жыл бұрын

There was a dealer on the radio last week and he said he had two EVs on his forecourt £2000 less than he paid for them and they're not selling.

@robg521

Жыл бұрын

Almost all new EV cars are company cars and/or are lease hired, where every 3 or 4 years they just replace the car with a new one. This situation isn’t going to play out until about 3 or 4 years time when the current lease hire deals expire and the market is flooded with 2nd hand EV cars that they can’t sell.

@bat33.12

11 ай бұрын

i wonder how many dealers will be keen on taking in used EV's when lease companies start offloading them once the lease is up? Then we get to lease companies looking at how the market is going and bumping up monthly lease costs to cover the high depreciation. Those telling us how clever they are because they leased rather than bought their EV so depreciation isn't an issue, are going to look a bit sick once lease companies adjust for the potential losses they are facing if the EV market continues as it is

@davidsworld5837

11 ай бұрын

@@bat33.12 how many deals want you to know what thee mark up is. not many will tell the truth about what they paid for a car

Using Nadine Dorres as an example of good judgement is one of the funniest things I've seen all year. Keep up the good work 😆

@spanishpeaches2930

Жыл бұрын

She is a bit of a milf though.

@stacyplant9327

Жыл бұрын

Sadly Geoff doesn’t always specialise in good judgement 😂

@robertdewar1752

Жыл бұрын

I'm not sure her decision to buy a BEV was good judgement. Poor judgement more like.

@BRMCaptChaos

11 ай бұрын

I think you missed the point.

@markwilson2069

10 ай бұрын

Indeed, and in the Mail too!

I suggest that you keep hold of your electric cars because you are only adding to the mounting negative’s on EVs Don’t forget why you bought the car in the first place I have a Citroen E-c4 and the cost per mile is about a fifth of my previous Evoque and it’s a lovely car to drive so smooth 😊

As now 75 I don't intend to buy an EV but happily stays with my inexpensive and - economical Diesel! But in my past I used large electric forklifts inside a Factory and at intervals we had the content in the then worn down, two huge batteries changed by a kind person, to new Industrial grade elements, to be able to continue working in 2 or 3 shifts, with constant charging and use during days and nights! We had a specially made "crane" to be able to also exchange the batteries to newly charged versions, to be charged outside the fork lifts, when needed, and we hadn't got the time needed to charge them inside the constantly used fork lifts! The batteries were top of the range by that time, but still became effectively worn down at a fast rate! As also Toyota has realized, EVs aren't the future!!!

I bought a used EV recently purely for the reason that I have more solar than I can use and I really like it for basically free fuel and pottering around locally, plus its a really nice drive. However, I'm never getting rid of my trusty 2013 508 SW diesel with a 900 mile range full tank. Good vid sir.

@bentullett6068

Жыл бұрын

For local short trips there is no denying they work. But the way they are being marketed is that they are better than sliced bread and will do exactly the same distances as the petrol and diesel cars will do.

@ItsAllJustBollox

Жыл бұрын

@@bentullett6068 the majority of UK car is is short trips

@bentullett6068

Жыл бұрын

@@ItsAllJustBollox they are but if you live in a flat or terrace house with on street parking and don't have full access to a charge point your only option is visit a charging point to top up on electricity. Plus if you do require to go longer distances in a EV you will struggle as the cars actual range is less than what is quoted on the Internet or brochure.

@ItsAllJustBollox

Жыл бұрын

@@bentullett6068 for the majority of car use they work well I can speak from experience I do a 50 mile a day commute the majority of car owners do far shorter daily use. If I was doing hundreds of miles a day all over the country every day I would not have an EV I would have a petrol or diesel car in the same way if I was doing hours on the motorway every day I would not have a tiny city car its not the tool for the job. People seem to think a car needs 600 miles of fuel range to work yet do 10 miles a day except the one or two times a year where they go further. Why doesn't everyone drive a big box van instead of a car just in case they need to collect sonething big once a year?

@cashkitty3472

11 ай бұрын

​@@ItsAllJustBolloxmy car does not do shirt trips I walk around the city and use it when I have to drive to another city

I tried to feel sorry for them but sympathy is between shit and syphillis in the dictionary.

@oneeyedgirl617

Жыл бұрын

No need to feel sorry. Because EV owners know that most of the EV “ facts “ are just made up by people who listen to Talk TV, and have never owned one.

Did a fair amount of shopping for an electric car recently as the wife thought she wanted one, couldnt believe how blasé the sales people seemed to be about 1 the price new, and 2 the depreciation, they just keep pushing pcp telling you not to worry about it as it's only "xx per month". Ill keep my old reliable cheap to run 16 yeah old Skoda thanks. Great videos as always, keep up the good work.

@Ross6041

Жыл бұрын

@CeeRTee the salesman is right, you only pay the PCP price. The depreciation is their problem, they are supposed to price it in to the PCP correctly. Sounds challenging for them judging by this video.

I bought a new Skoda Enyaq in December 2022. It cost £41K. I have covered 2,000 miles. We buy any car has offered me £24K. Never again will I go down the EV route. It’s not just the depreciation but the lack of working chargers on a less than good infrastructure seals the deal to go back to petrol or diesel.

My snooty neighbour bought a new tesla 6 weeks ago. I've notice he has had a courtesy tesla out about 4 times in 6 weeks. The new motor must be giving serious problems.

@harold6863

Жыл бұрын

They love to virtue signal😂

@rbnhd1144

Жыл бұрын

we can only hope.

Apologies if this is mentioned Geoff - I haven't watched the video yet but yes! Renault Zoe's can be bought with less than 15k miles for about £12,000. That's 10 year old Golf levels! My mum recently tried to trade hers in, and despite being less than 3 years old, she was £2,000 in the red on her finance deal. Crazy!

@GeoffBuysCars

Жыл бұрын

Wow…. And she won’t be alone, as you can see from the video!!

@xr6lad

Жыл бұрын

Tbh I work in car finance. Many cars irrelevant of motive power can be ‘in the red’ When traded in with finance. People keep tacking ‘end of loan balloon payments’ on which makes the load more affordable but you do not repay enough to keep ahead of depreciation.

@tuppybrill4915

Жыл бұрын

So the secret with EVs is buy a used one not a new one. 😉

A couple of points which are true. firstly, yes, it is more environmentally friendly to continue to drive an old car than buy any new car, EV included. Sadly, that's not in the interest of the car industry. Hence, they build cars to have a shelf life and encourage a throwaway-get something new lifestyle. Secondly, this big depreciation just illustrates how overpriced the cars are/were when they were sold. I bought, on PCP, in 2020 a new VW ID3. I absolutely love it, but it was well beyond my wallet. Back then, several things happened. The government had a £3000 discount on all EVs. Then, because of the EU (who we were still in at the time) putting in place stricter emission rules, VW were desperate to sell their new car, so offered with another £3000 discount......AND....on top of that, the dealership I bought mine from worked out it was better to sell the car than face a fine for failing to hit their emissions target on cars sold, so put another £3000 discount. This £9000 off the list price meant I could afford it. So I put £5000 down as a deposit and am 2.5 years in to a 4 year PCP deal. List price £39000. Actual price £30000. Deposit £5000. Currently on webuyanycar, my valuation is £19000. That's not too bad, but I'm certain my position is rare and the vast number of people buying EVs are not getting anything close to a deal like that, because EVs are overpriced.

and here is a question? What happens when the EV runs out of juice in an LA or San Diego traffic jam at rush hour? Are the freeways going to be littered with out of charge EV's? I think I will look at investing in tow truck companies.....

We can only hope. Let's kick these EV's into the long grass.

@jimjones-bk2is

Жыл бұрын

Why do you think that would be a good idea?

@southendparaquest

Жыл бұрын

@@jimjones-bk2is because they're shit, and their carbon footprint is horrendous.

@marclang7431

Жыл бұрын

​@@jimjones-bk2isbecause they're shit. Did you even watch the video?

@johnnydoe1984

Жыл бұрын

​@jimjones-bk2is so the climate nazis accept , their not good or ideal for everyone and people should have the FREEDOM of CHOICE to decide , NOT be FORCED by the said Nazis !

@xperyskop2475

Жыл бұрын

How about we let free market decide. O yes we don't have free market

I really enjoy your videos Geoff.. so I’m a ex trader in used vehicles, in the overall sale price figure, vat will be needed to be removed at 16.6% yes vat is charged at 20% but in the total it’s the 16.6%. As I said earlier on I’m a ex vehicle trader, I stopped trading in late 2019 as I could see this F@&kery coming in back then. I enjoy your straight talking and explanations in to what’s going off in the world 🙌🙌

@GeoffBuysCars

Жыл бұрын

Thanks Harry!

Very interesting. I'm personally looking forward to when I can get a second hand EV but these depreciation figures are crazy for the original owners.

@AndrewKeyz

11 ай бұрын

Lots of 2-3 year old Dual motor Tesla 3s for sale for just over 30K now. Seems a pretty good deal when new they are still 50K. The performance upgrade seems worthless in second hand cars now also. Pretty painful for an initial 7K upgrade.

@kevinpeters5000

11 ай бұрын

If cars have depreciated from new as much as Geoff says, surely that time is now? It’s the golden age of used BEVs!

12 months ago, when I had my BMW i4, Porsche Taycan's were worth more used than new, because you couldn't get one. I actually ordered a Taycan in November 2021, and was quoted a year to get one, and as i couldn't really afford it (it was just fun to order) I cancelled and ordered an i4 instead. I still had to wait 7months for the i4, but again, the used value was higher than the new, so wheyhey!!!! Finally going to make money out of a car. How wrong. Firstly, my three months of ev ownership were a nightmare to the point my wife refused to go in it anywhere but local Tescos. Claimed 3330 mile range, actual as low as 160 miles, half of what was claimed. To cut a long story short, I gave up and swapped the car for a BMW 530e, the hybrid which is very good, and took the financial hit, although being early in the depreciation cycle, i only lost £10k. From the point (Christmas Eve) that I asked to change my car, to the point of completing the deal (Jan 7th) Arnold Clark went from refusing to take any Tesla as a PX, to refusing to take any ev they had not sold, as a part ex. In my three months of ownership, the waiting time to get a new i4 went from 8 months, to stock we can't get rid of. As a mass selling product the folly of ev's has been found out.

I remember the inconvenience of remote control car with flat battery as a child and the dred of knowing it required 8 hours to charge...

@johnbekkers5201

11 ай бұрын

I have built electric mini bikes for the grandkids and use lead acid batteries the last replacement cost $200 I worked out that the bike had done about 200km max I can fill my Ford Falcon ute twice with $200 and get 1300km range

@squee1973

11 ай бұрын

They've come along way since then.. 😂

My dad got a brand new Honda Accord mk7 executive with cruise control, sunroof, heated electric seats back in 2003 for £18,000. I was born in 2002 so the car is almost my age, last year I passed my driving test and now I own and daily it. Mileage is at 90k and the value is still £3000. Definitely a car that will outlast my driving years.

@kevinpeters5000

11 ай бұрын

Excellent! Great story and super relevant to EV depreciation.

I bought a used 3 year old Nissan Leaf 5 years ago for £10k, as a city run about. Now worth £5k and does around 400 miles a month, charged at home for around £10 per month (Octopus Go). Battery fine and not had to spend anything on it other than tyres so will keep it for a while yet, but when I do replace it will certainly buy another EV. Have never bought new and never had a lease. Previous car was a diesel Focus that I bought 18 months old and drove for 15 years. Great value too.

I think this is great news. Hopefully the new prices will be come down from their current inflated prices. If the ID3 was priced similar to the golf in the first place, then there would be very few problems. Just need the infrastructure to keep expanding, for repairs and charging.

Love it! Glad I bought my 2016 diesel in 2020, it's worth roughly the same now as what I payed for it then 😊

@xRoRox

Жыл бұрын

I had a diesel Audi I bought in 2021. 2012, 40k miles. Sold it a few months back for £70 more than I paid for it with an extra 21k on the clock. A very good deal I’d say 😂

@davidarter6271

Жыл бұрын

I think the sensible thing to do is to buy a really good quality used vehicle in top condition and keep it until this EV madness runs it’s course.

@v6clio22

Жыл бұрын

@@davidarter6271 or buy something you like in reasonable condition and repair/maintain it. Parts are often cheaper on older models and also you have more choice in the aftermarket. Too many people scrap perfectly serviceable cars for the slightest issue.

@varmastiko2908

11 ай бұрын

It really isn't though. That's just inflation.

@v6clio22

11 ай бұрын

@@varmastiko2908 why can't the same generally be said for electric variants of the same make/models?

My petrol MG is worth more than I still owe on it in 1 year. I could sell my peteol MG now and make a profit 😂😊😊

Hi Geoff, loving the videos! Our family car is a 52 reg mk4 golf tdi 1.9pd. Part exchanged it for 1.2 fiat Punto plus £2000 12 years ago, other than general maintenance it’s been an absolute dream and with not even 150,000 she’s still got plenty of life in her. How many EV life’s would it out live I wonder, a lot more cost effective and economical in the long run I bet.

@kevinpeters5000

11 ай бұрын

Apart from first generation Leafs, I would expect nearly all BEVs to achieve similar and more. Whilst also spewing less pollution into the environment.

@rabbitingon2503

11 ай бұрын

@@kevinpeters5000 not to mention the mining of lithium, the manufacture of lithium batteries, the weight of the cars increasing tyre wear, brake wear etc. plus batteries being hazardous when the life of the battery comes to an end, which isn’t going to last you 12 years anyway. My golf will still be going for another 12 years and can fully recycled on its final day. #buildthingstolast

@kevinpeters5000

10 ай бұрын

@@rabbitingon2503 what the hell are you wittering on about? If you’re still driving a 52 plate in 12 years, then I feel sorry for you. At, say, 300,000 miles you will have added 65 tonnes of CO2 to the atmosphere as well as high amounts of particulates and NOx, especially as you don’t have a DPF. By your argument we should just stop making new cars because we would all be better off driving 20 year old bangers. Have you heard of Dunning-Kruger?

Great topic about why EVs depreciate so fast. It's a mix of reasons, really. First off, there are those tax incentives for new EVs which don't apply to used ones. So, sellers often drop the prices on used EVs to stay competitive. It's like getting a discount on a new phone that doesn't apply when you resell it. Also, the EV tech is moving super fast! People always want the latest model, which means the older ones lose value quicker. Imagine how quickly last year's smartphone model drops in price when a new one comes out. Battery life is another biggie. Replacing an EV battery can be pricey, and since they wear out over time, it makes older EVs a bit less appealing. Then there's the fact that gas cars still rule the market. Many folks are sticking with what they're familiar with, which impacts how much people are willing to pay for used EVs. And don't forget those misconceptions about EVs, like worries about range and charging stations. These can make people hesitant to go electric. Interestingly, not all EVs depreciate at the same rate. Teslas, for example, tend to hold their value better thanks to their tech updates and brand appeal. Also, it's worth noting that new tech, like EVs, often isn't affordable for everyone, especially those in lower-income brackets. This can limit who can buy new EVs, influencing both the new and used markets.

Been there, done it! Had a Jaguar I Pace on lease. Only had it because of the tax benefits. After my EV experience with public charging, I've now bought a petrol car.

@xperyskop2475

Жыл бұрын

Yes public charging sucks and is expensive

@PatLadsChan99

Жыл бұрын

Home charger is the way to go. Public chargers are unreliable yeah, but numbers are increasing. Due to unforeseen circumstances, I drive an I pace, scarily exspensive but its a bloody good car. So far.

@xperyskop2475

Жыл бұрын

@@PatLadsChan99 Without home charging I wouldn't own electric car. I do it because its cheaper than fossil but recen electricity prices make it not so nice.

@lazyguy4393

Жыл бұрын

@@PatLadsChan99 I agree, I had my I Pace for 3 years, it was an amazing car to drive and perfect for anything up to a 180 mile round trip but anything over that spoiled my driving experience because I'd spend the whole journey worrying about charging. Only had one issue with the car, I put it on a fast charger when it was already at 80% and it overheated the battery.

If EV's were meant to be a real solution to anything they would have had swappable batteries in different sizes. They would not have sold the batteries with the cars. you lease them afterwards. You swap or recharge them. You own the car not the fuel. The batteries stay in a manufactures recycling and rebuilding loop. Car bodies always update the batteries. Standardized plugs.

@ShaggyRogers1

Жыл бұрын

The batteries are a hard depreciation in EVs. Making it so the customer has to buy the batteries, and subsequently pay to replace them etc, was always the hallmark of a scam. What happens when a battery model is no longer in production due to technology moving forward? Twenty years from now, your car is just totaled because the battery went kaput? One of the defining things about regular engine powered cars is that you can always just replace anything in the engine, including the entire thing. You can pop whatever engine you want in whatever car you want, and are only limited by the size of the engine bay. The engine bay which you can modify the chassis around in order to make as big as necessary, including even chopping up the interior of the vehicle to stick it elsewhere. You can't do any serious modification to EVs. Any serious modification efforts would require the entire car to be rebuilt effectively from scratch, since everything is hardwired and precision engineered together. You can't just take an EV motor system out of a Tesla and pop it into a Honda EV. The entire concept relies on "this technology is functionally complete in design", when cars have literally never been at that point and gas-powered cars are just now only reaching that level of "as good as it is going to get".

@gwilymselwood

Жыл бұрын

Why would anyone want to modify something that works? 3rd party battery replacement for Nissan Leaf is here

@ShaggyRogers1

Жыл бұрын

@@gwilymselwood and how long are those third parties going to make the compatible model? EVs will run into the same problem that anyone that owned a Pontiac experienced when the company went under. As soon as there isn't anyone making the replacement part, a minor break will total the entire vehicle.

@robertgreen9614

11 ай бұрын

@@gwilymselwood I enquired at a 3rd party NZ company, and an old Leaf battery is considered not fit for purpose once it has degraded to 65% of its original capacity. They wanted $7800 NZD to trade in the 65% battery and replace it with a second hand battery with 80% of its original capacity. So around £3800 for what equates to 1/7 of a battery.🤔

@reevinator

11 ай бұрын

Very good point!

Hi Geoff, I'm not rich and I've owned my EV since July 2019, I've just decided to look at selling it and I will be buying another EV.

Geoff I’m really rich, I bought my car outright 😅 BMW iX over 1 year ago now. Approx 12% - 15% down. Plan to keep for many years, suits my needs in the City.

Deep Green mining is where they dredge the ocean floor for rocks that contain metals needed for electric batteries. Very environmentally friendly!

@syddog44

Жыл бұрын

@@mikebreen2890 what's bull about it?

@robertsimkin3949

Жыл бұрын

​@@syddog44hes got to be woke because they dont like the truth

@geraldbeard856

Жыл бұрын

@@mikebreen2890 There going to start mining for Lithium in cornwall

@jsanders100

11 ай бұрын

How about oil production, transport, refining, waste and pollution? Not to mention low efficiency and air pollution. Look properly at all the facts on both sides.

I have a friend who earns good money, he currently has a 5.7l dodge challenger but said he would like an electric car next. I told him to lease one instead of buying, simply because ownership would be a financial nightmare.

@rbnhd1144

Жыл бұрын

Lease companies are now seeing EVs as a massive risk as they have lost lots of money recently, you pay for that risk lol

I bought an ID.3 for £26k sold it back to the same dealer to make a huge profit. They bought it back for £33k. Markets were different then I’d admit. Things will change. If your car has lost too much money then keep hold until the market suits you.

Batteries have a limited lifespan. Once they are degraded replacement is prohibitively expensive rendering the vehicle useless. You would have to be insane to buy an older EV as it will just become landfill. This is not to mention the fact that some ferry companies are now refusing to carry EVs due to the self combustion issues and this will only spread to other areas.

So I live in South Australia and I was curious about the possibility of owning an ev because they are trying to push it here too. My daily round trip is 90km on roads at either 60 or 110km/h. First issue was that the “range” of an ev is actually city travel not highways, so it’s generally you get about 2/3 of the claimed range on highways because they actually do better the slower you drive. The second issue is that the range drops fast in the first 2 years then is a slow descent until it just dies one day. What this means is that most of the market becomes worthless very quickly for long distances (and that’s not even looking at the occasional drive from Adelaide to Melbourne which is the closest next city on but is 800km away).

@xperyskop2475

Жыл бұрын

MG ZS Ev with big 72kWh battery will get you covered. Question is is your electricity cheap so it makes economical sense too

@kaasmeester5903

Жыл бұрын

I wouldn’t worry about the range. First of all, if the car’s range is specified according to WLTP, your actual range will not be too far off, whether you’re on the highway or in city traffic. Most decent EVs do 400+km on a charge, so factor in some battery degradation and extra power for heating / aircon and you’ll still be able to do your commute with power to spare. As for the batteries: most of them will likely outlast the rest of the car; they are certainly good for 300,000km, and will not degrade that far over their lifetime. The problem, especially with second hand cars, is that word “most”. Any second hand car comes with risk of something breaking, but with an IC the cost of repairs will be worth it if the car is still relatively low mileage. But if the battery in your EV breaks, the car is essentially worthless. Given the extremely low failure rates of these batteries, auto manufacturers will likely offer increasingly good warranties on them. Some brands have a 7 year / 200,000km transferable warranty on them, but once they have better stats on them (and are interested in a good 2nd hand market), they could double that.

@CYBER-EV

Жыл бұрын

I drive from Sydney to the Gold Coast twice a year, no issues. Have had my EV 2 years, no range drop. The savings add up very quickly, never going back to gas.

@bruiser6479

Жыл бұрын

I live in country Western Australia and an EV makes no sense here in my view owing to the distances we travel, the lack of charging infrastructure and the cost of electricity. If you are seriously considering an EV, you really have to do your due diligence. Any motor vehicle is just a tool that provides personal transport. One of the huge benefits of owning your own vehicle is convenience. You can decide to hop into at any time and transport yourself somewhere quickly. The beauty of a liquid fuelled vehicle is that service stations are prolific and abundant. Refuelling is also very quick. I can drive 600 km in my vehicle and refuel it in five minutes to get a further 600 km of range. Very convenient. How the individual actually uses the vehicle has to be considered. South Australia is also a very large place. So range is a factor. From just a convenience point of view, the first thing to do is to keep a logbook over a three month period recording how you actually use your vehicle. Reset your trip meter every time you fill your car and record where, when and how long it took you to fill up, plus the cost of each refill. Are you a well organised person who fills up every week/fortnight or do you wait until the fuel warning light is on before you fill up? Do you have off street parking, so you can charge up over night? Do you own your own home or are you renting? Charging an EV using a conventional 10 amp power point at home is slow. Can you get a fast charging transformer installed and at what cost? Where are the charging points along your route of travel? Are they in places where you are happy to spend an hour or so waiting for your car to charge? Is there a queue for them? An EV isnt like a liquid fuelled car. You cant put a jerrycan in the car on a country trip to top the car up to get you to the next fuel station. So you need to be well organised and patient. The point of these questions is to just alert you to the fact you need to do YOUR due diligence. Not someone else’s. When people tell you how great an EV is and how they can do a b or c in it, that’s all well and good. But they haven’t given full disclosure. They may be perfectly happy to live with the drawbacks of an EV as they gain so much satisfaction from the other attributes. All power to them I say. But you aren’t them, and they aren’t you. In my life experience if we are going to make choices we are really happy with, they need to be fully informed ones based upon an objective analysis of our (not anybody else’s) needs. Most of us evangelise our own choices because we like affirmation, so take with a grain of salt anything I or anyone else tells you about what decision to make. Especially if they haven’t taken the time to go into detail with you about what your needs are. An EV may be a great choice, it may be a poor one. Only a clear headed objective analysis will tell you.

@CYBER-EV

Жыл бұрын

@@bruiser6479 I agree. If long range is a factor, waiting for the technology to supersede the range of ICE vehicles would be better.

Great report Geoff, EVs are overpriced and by the sound of it the depreciation is horrendous as most cars are on pcps a crisis is looming. Will stay with my Duster then get another one.

@kevinpeters5000

11 ай бұрын

They’re overpriced AND have depreciated massively? Are you saying that even with massive depreciation they’re still overpriced?

@sevesellors2831

11 ай бұрын

@@kevinpeters5000 yes EVs are not a good buy currently particularly with new technology coming such as vehicle to grid.

While I agree with your story, it’s also the case that you never get the mpg for a car - they do the test in artificial conditions. So it’s hardly surprising that the miles per charge is way out!

@bat33.12

11 ай бұрын

They are a lot closer to the truth with the new testing regime and figures for ICE cars, certainly closer than any EV figures I've seen and I don't recall any ICE car where the fuel tank capacity and range reduces considerbly over the lifetime of the car

@wayneenright87

11 ай бұрын

​@bat33.12 agree. It is a valid point that ICE figures are not always easy to match stated but it is possible and that's the important bit. I match my average stated MPG in my seat leon FR diesel on mixed long journeys but tend to dip below in pure short town trips. But as you say it will be this way for the life of the ICE car, I, the driver, have some degree of control over the MPG forever whereas EV is at the mercy of the weather and battery degradation.

@kieranmccreedy271

11 ай бұрын

I’ve never seen an ICE car achieve the quoted figures! My EV van quotes 187 city, 124 ‘combined’… I get 150 The Zoe quotes 234 and I get 200+. About the same percentage official mpg figures are out by.

@stephenberry8658

10 ай бұрын

My Citroen C4 Cactus gets 5.8 to 6.7 litres per 100 KMs. We leased a diesel C4 Cactus with ETG automated manual transmission in 2015 for 8 weeks and 11,000 KMs returning 4.6 litres per 100 km.

We bought an Audi RS e-tron GT 11 months ago and have had constant problems with the operating system. It had 3,500 miles on the clock and all the extras. Because of the constant operating problems we considered asking the dealership to take it back but they only offered a depreciated value losing £51,000. So even though the return request was initiated through faults on a car still under warranty they still wanted to deduct depreciation. The other side of the coin is electric cars work cost wise if you have a home charger. We had a courtesy car for a weekend to travel to a course. The fuel cost was £80 where as if we were using our home charger it would have cost us a maximum of £15 - £20. We did one long trip where we had to use the public charging network and the costs were horrendous. So the EV is so much cheaper to run if a home charger is used. We absolutely love driving our ev so had it not been for the operating system we would never have contemplated getting rid of it. There are two sides to every story.

@shaunbarnsley6928

11 ай бұрын

If I was in a situation were I could afford to buy a car over 100k depriciation wouldn't bother me or I simply wouldn't buy the car especially brand new..if I had that kind of money I buy something cause I want it and like it and just enjoy it for what it is.unless it's some kind of collectors cars maybe cars are just massive money pits unfortunately

@lynnepage8057

11 ай бұрын

@@shaunbarnsley6928 Your are right and you are wrong. We are both in our 70's. We have worked hard all of our lives and are still doing so, sometimes doing 4 jobs each just to survive. This was our dream car and yes we would not have looked at the value had we not had so many problems with the operating system which caused us to ask them to take it back. That was when we found out about the drop in value. Without those problems we would not have looked. We both, separately, went through moving only to be faced with interest rates rising to 16%. There was no help, moaning did not help so you just had to get on with it. So please think before you judge. I don't know what age you are or what your circumstances are so I will not make derogative remarks about your attitude. I wish for you that you get your dream car before you reach 70.

Hi Geoff, I have and eight month old Dacia Sandero Bi Fuel, I paid £13500 for it, but according to parkers the garage price is worth £14,500, how crazy is that

Agree entirely Geoff but EV's do have a place. 1. You don't do a lot of miles (

@bruiser6479

Жыл бұрын

This is a scenario where an EV makes some sense. You really need someone else to have taken a huge depreciation hit before buying one. If you are doing a lot of short, stop start trips where an ICE never really gets to its optimal operating temperature, an electric engine is better suited to that pattern of use. But there are a lot of caveats. As you say you really need your own home charger and most of your distances traveled in a day would need to be reasonably short. To work out if the economics stack up, you would still need to compare it to buying a budget priced second hand ICE vehicle.

@catfrab

11 ай бұрын

@bruiser6479 ...plus the fact it's different, quirky and fun. I'm a confirmed petrol head - I've built modified cars, kit cars, bikes, classics, regular trackdays etc but our little EV still makes me giggle when I drive it for sheer novelty value. Variety is the spice of life so they say!

@bruiser6479

11 ай бұрын

@@catfrab I totally agree. I drove a friends Tesla, and it was an absolute hoot. I really see the appeal of an EV as a driving experience. Obviously in your situation an EV really works. My Harley isn’t a practical transport choice, but I wouldn’t be without it. My objection isn’t to EV’s, it’s to politicians stupidly seeking to force all of us to get one. Even though they just won’t work here in Western Australia if you want to to travel long distances in the country, and/or tow anything any sort of distance. I definitely think they have there place, but people should be left alone to make their own choice.

@boyasaka

11 ай бұрын

Well said I’ve been looking at 2020 Nissan leafs With like 15k miles on them For 14 grand Last year a 3 year old leaf was 20k plus ( think they are about 32 new) This huge price drop is great for sensible folk to buy one after some goon has lots 20 k in a few years

@catfrab

11 ай бұрын

@boyasaka Yep, there are a few bargains out there if you look. Have a browse at the eGolfs too. Just like a GTi but electric. You can pick up a nice one for 10-12k.

A lorry driver I met this week told me there a loads of unsold 3 Yr old EVs parked up behind auction centres all over the country. The depreciation is unfathomable for the private 'buyer' and businesses will soon wake up to the problem. Trouble is, the Westminster bubble is so wedded to EV cars as a way forward that they will manipulate things to price ICE vehicles off the road. Look out for the £250 MOT test, the £5 litre of petrol, the £2000 per year car tax and the minimum £20 per hour parking charge for non-EV.

I run a Nissan leaf and get my id.5 in October (through my business) I love my ev but my personal car is a 2011 4.4 td Range Rover, different cars for different uses. To be fair the id.5 I had for 3 weeks was averaging 264 miles per charge. Keep up the content Mate!

We are on holiday. We drove 300 miles to the hotel and have driven around all week and have not plugged once. We are in our Hyundai i10 with 100 miles left in the tank

I commented on Lee's video the other day the evangelists will never admit they've fell for the great con EV is the way. It's the way to financial ruin

Not happy! “Bought” my Q4 etron for £53k with only projected 20 delivery miles. Ran this through we buy any car (minimum miles put through allowed 200) has valued it at £35k. I haven’t even sat in it and lost £18k after 20 delivery miles 😢 Whilst my PCP Audi a3 saloon (petrol) I’m selling has appreciated; GFV £10,000, we buy any car quoted £13.5k

You are 100% correct. My long range 2022 Tesla model3 that I acquired brand new for £50k in APL 22 is now worth only £23k!!! It’s done 20 k miles only. That’s over 50% in depreciation!! It’s a lovely car, but…! EV value has defo plummeted, my advice, don’t buy for cash if your intention is to keep a car for say 3 years but lease it to avoid tying and losing your cash… It’s quite ridiculous!!

The AA’s analysis of its own used car sales website shows it’s possible to buy a Hyundai Ioniq Premium, which has a £43,445 new cost but can be bought secondhand for £17,500 at only a year old.

@pauldavies7251

Жыл бұрын

That is insane

@oneeyedgirl617

Жыл бұрын

Have you a link to that ?

@DUB-sential

Жыл бұрын

Making depreciation great again

I am on my 4th leased EV but won't get another because the car I have now, Nissan Leaf, which I purchased 11 months ago, has dropped 7K in value. Keep up the great work.

@XenonJohnD

Жыл бұрын

If they depreciate so much then the obvious thing to do next time is to buy one 1 or 2 years old and not lease.

@Kyle-sr6jm

Жыл бұрын

Depreciation isn't just something on paper. There is a reason for the acceleration of EV depreciation, that is how fast an EV goes from a functional vehicle into a piece of waste.

Yes. They’re unsustainable. Horrendous for the planet, awful excuses for corporations to rip your wallet apart.

I bought an ID3 Family edition with alloys for £29k over 2 years ago. 2 year old family edition models are now selling on autotrader for £25k. So I guess it depends on which EV you buy. ps I'm not selling it as its better than any ice car I've owned.

Bought a Suzuki Celerio in 2019 on a 16 plate for £3800 doubled the mileage and sold it January 2022 for £4000 and I let it go cheap. Love The Smell Of Petrol In The Morning.

Keep up the good work mate. There is an avalanche of momentum building against these crappy ev cars!

Geoff. I am really rich and I bought my Tesla model 3 outright with cash. It is the cheapest way to buy a car. i will keep it for about 10 to twelve years and then buy another one.

1st time viewer. Enjoyed the video on this. Very enlightening. Was thinking EVs only make sense to me as short range 2nd car for a 2 car plus household with an ability to charge at home. 2nd hand definitely the way to go on this theory looking on these figures. Main car would be ICE. All on if the batteries are proven to actually last in the long run.

Geoff m8 ...you are absolutely spot on -- I was in Hydrogen and EV development and being an electronics/electrical designer; I wouldn't trust a new one - let alone 2nd hand. "here's my 2nd hand battery with a car nailed to the top of it....please buy it, pwaease !".......... Trust is a powerful influencer when spending big dosh on something you need to rely on to get your family about. Hence depreciation... The basic design principles, battery management and chemistry isn't there yet. ...also why do they all look like they took the styling cues from a Post Office Sorting Centre? Why do they weigh the same as the moon ? Why do the claimed in the brochure ranges seem way exaggerated than the observed actual? ...all rhetorical questions for me !... My advice to anyone thinking of going down the EV route is wait 10 to 15 years... they may have found a mineral that breaks the 2nd Law of thermodynamics, costs (in carbon/££s and use of fossil fuels) - nothing to mine, nothing to refine, nothing to ship and has a manufacturing process carbon footprint that equals that of a human burping after a curry, turn it into cars using nothing short of fairydust. ...and then charge the gopping minger using witchcraft.

EV depreciation worked to my advantage: I bought a $55,000 2018 BMW I3 for $16,250, as a lease-return vehicle. Since then, I've enjoyed saving around $250 monthly in operating expense, even more when maintenance is considered.

That one guys EV had a max distance of 140 miles fully charged..... I used to own an early 90"s Harley Sportster with a 1.5 gallon tank and it would go 120 miles before needing filled. My current ICE car, 2018 Kia Soul, gets nearly 400 miles on just 12 gallons of petrol. Here in the USA I can fill that Kia for around $45, in about 5 minutes at the pump. Easy Peasy, lemon squeezy. I can't understand how EV owners settle for such low ranges on these new cars, knowing they will have to spend an extravagant amount of their time waiting while charging. It just doesn't make any sense. Why on earth would someone spend a bunch of money for more inconvenience?

so what happens to all the old lease electric cars? this is an environmental nightmare, this whole thing is ridiculous, well done Geoff for keeping this topic to the fore

Wow just wow 🤩 I feel quite smug now as I bough a 2016 DS DS3 diesel 38,000 mile £7,000 does 70mpg, ULEZ compliant. Could of bought 7 of them compared to those prices. 10 even !

I’m happy with my 162k diesel 2017 Passat and 1992 Sierra XR4x4. The latter isn’t loosing any money and drives perfectly fine. Just that CAZ and ULEZ zones would mean I’ll have to use the Passat more

@6581punk

Жыл бұрын

My father had an XR4x4 estate of that vintage. I drove it once, great car to drive, he only parted with it because of the abundance of speed bumps in his area, he kept hitting the exhaust on the ground and breaking the exhaust manifold bolts.

@chrismitchell9114

Жыл бұрын

@@6581punk fortunately mine clears the speed bumps locally to myself. I think as it’s a later car with the 15” wheels on it helps. I would imagine if it was an earlier car with the 14” wheels it would catch everything

In Canada it makes even less sense to buy an EV, our cold winters decrease the range substantially and the size of Canada makes some commutes a lot longer than in the UK. Our Liberal government has stated that the sale of petrol power vehicles will be banned by 2035, ridiculous date and for of the Canada's northern territories EV's will never be a viable option. When idealistic Liberal government bureaucrats start making rules about things they do not understand it is bad for everyone.

I've got a 14 month old Kia EV6. It's a good car, drives nice and plenty quick enough plus through the summer I can charge it for almost nothing as I have a large solar array. I won't be getting another when it goes back because come winter time the max range drops to less than 180 miles (and that's driving it like a nun). EV's are NOT the way forward.

Got rid of my electric mokka last September just before this madness , luckily I managed to get £29,500 against new petrol Nissan, I didn’t lose too much as mokka was heavily discounted ,just made the 9 pcp payments. I count myself lucky ,just valued it after seeing this video on we buy any car, assuming it’s done average mileage now worth 15k . Wow !

There is a saying, the fool and there money are soon parted. The big con. Electric cars.

3 year salary sacrifice lease. I have bought outright and had PCP’s in the past but this is the most cost effective way for me to run a car as monthly costs include all costs. I mostly work from home and drive locally, currently drive an e-tron and have xc40 recharge due in December. It works for me personally.

@Peoplestariff

5 ай бұрын

I think that’s the point it doesn’t work for everyone & it doesn’t need to - geoffs who ethos is saving money , ok he can come across as a bit anti ev & that works to get the clicks & ££ on KZread but for some it works & others it doesn’t it not compulsory & not until 2035 will new sales be limited to EVs which probably means we won’t get to a situation where ICE is the minority on the road in total number in 2050 by which time many of us will be pushing up daisies !

I purchased a new Porsche Macan in Nov 2019 for approximately £52000. I have just sold it to We Buy Any Car with 27,800 miles on the clock for just £37800. Thats a percentage drop over four years of 27% say approximately 7% for each year. Just awaiting arrival of my new Macan which will be my third. Never in a million years would I every bit EV

Not an EV but here you go. 2014 Passat estate, 2.0l SEL I bought it for £12,500 at 1 year old, it’s now valued at £12,000. Depreciation of £62 / year or £5.2 / month.

@GeoffBuysCars

Жыл бұрын

Great example.

@christopheripad477

Жыл бұрын

@@GeoffBuysCarsI’ll see how much it goes UP in the few months. 😂

@mrwhite292

Жыл бұрын

Good buy

Bought a 2018 Golf station 4M 150 Tdi 19 months ago, 44000km on it, now 50700km(don't drive much...). Though it might be a depreciation black hole since the EV sales really started to rocket shortly after. But encouraged by this video I had a look on the number 1 site for used cars Aaand there was only ONE car on sale with the same spec as mine and it hade 69000km on it for the SAME price as I bought mine for 19 months ago! 0 Depreciation over 19 months, not in my wildest dreams! Go Diesel!😊 Why did I choose diesel when I drive so little? I'm planning on keeping it for a while so I thought I'd be prepared if long commutes to work might lie in the future...

It all started wrong with car batteries that increase the car weight in more 50%, contrary to what car industry has done in the last decades, trying to remove weight to the cars and thus lowering fuel consumption. In diesel and gasoline engine cars, the more strict anti-pollution laws led to more anti-pollution components in those cars, increasing their complexity, their price and lowering their reliability. It seems to me it all should have started by investigating clean fuel sources for the existing cars. The solution is in the fuel not in the car, it is the fuel that pollutes the environment.

A neighbour of my son had a £86k Tesla that spent most of the time either on a trailer being recovered from the roadside, or being repaired on his drive. My next door neighbours son in law, came home in the summer with his window open. When he parked up the window refused to close. When he tried to drive, the car wouldn't work due to "an electrical fault" because of the window being open! A friend is a delivery driver and his company replaced all the diesel delivery vans with electric ones. Now he has to stop to recharge the van to enable him to complete his route, so his working day is now longer to do the same amount of work (no extra pay though)!

I think that may have been the first sensible thing Nadine has ever said. Perhaps selling her unused baroness' outfit has shocked some sense into her.

Youre brilliant Geoff keep exposing the truth about this EV scam with your excellent videos

@xperyskop2475

Жыл бұрын

I have electric nissan for last 5 years. It's best car I ever owned all paid for now and I will run it to the ground like I did with my old diesel.

@activecarwashsupplies9320

Жыл бұрын

@@xperyskop2475 So thats another three years until the battery fails then.

@xperyskop2475

Жыл бұрын

@@activecarwashsupplies9320 Nissan leaf has old small battery and yet it will outlast car and will be up cycled to home storage . My estimate is that battery will last around 30years (15 yers in car 15years storage). Newer cars with bigger batteries will last longer and this is just beginning as new battery technologies are introduced.

@AM-wg7qv

11 ай бұрын

​@@xperyskop2475Bigger batteries = More Lithium = more pollution.

@xperyskop2475

11 ай бұрын

@@AM-wg7qv Lithium batteries can be reused in power walls and then can be recycled so Lithium can be reused . And right now we even have Sodium-ion batteries that don't use lithium cobalt whatsoever. But oil refining will still use cobalt.

I love depreciation! I just bought a Zoe GT LINE 9K MILES UNDER £15K £17K Less than New! Now going back 18 months I bought a 30kw Leaf for £10,450 ran it 14 months on free rapid charge in Bradford ( now finished) and sold it to a main dealer for £11,650! The Zoe still has a 3 year warranty. Anyone who buys new needs to keep it until the wheels fall off incidentally the Zoe was also offered with finance if required at 2.4%apr.

There’s a lot that people don’t know about EV’s and a lot that’s not spoken about by those in the know. ‘They’ are never gonna get normal (not rich) people to buy into EV’s unless there is a whole lot more honesty about them and the prices drop substantially. Great video, thkz !!

@kevinpeters5000

11 ай бұрын

Isn’t that the point of the video? That prices have dropped dramatically?