Are we being forced to go electric?

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Chislenko

Veteran
It was mentioned further up about the rising number of new EV registrations, I strongly suspect that the vast majority of these, particularly Tesla models are leased company cars, not private purchases, due to the huge cost of them, obviously they will end up on the used car forecourt’s in 3 to 5 years time,but if the residual value is strong, they’re still going to be a pipe dream for most people

Yes, here is a used one at £100k.

I don't know if Ludicrous in the description refers to the model or the price!!

https://www.autotrader.co.uk/car-details/202207087611174?atmobcid=soc5
 

roubaixtuesday

self serving virtue signaller
There are many experts that would have a long debate with you on that

Cool. Link them.
 

gzoom

Über Member
Yes, here is a used one at £100k.

I don't know if Ludicrous in the description refers to the model or the price!!

https://www.autotrader.co.uk/car-details/202207087611174?atmobcid=soc5

Well the top spec X in the link is actually quicker than an Aventrador, the difference been the Aventrador is strict 2 seater vs up to 7 in the X, and the running costs of the top spec Model X is no different to my base spec car - so essentially almost nothing on fuel and very little maintenance. I have no idea how much an Aventrador cost to buy and run......but in many ways the X is a 'bargain' depending on what you are after in a car.

Believe it or not £100K isn't all that much to spend on a car for some, our ex chancellor for example will be able to tell you how you could actually use that £100K purchase price to reduce your tax bill by that amount all within the current UK legal frame work.


View: https://youtu.be/sZ7Jlq9mQrY
 

DRM

Guru
Location
West Yorks
https://www.autoexpress.co.uk/tesla/model-x
Auto Express review above states the cost new is between £101,000 and £116,000 obviously depending on the specifications so, in that case I’m guessing the one in the Autotrader ad in 2 years has lost £16,000 in value, or 13.8% from new, which isn’t bad, but how much would the dealer give as a trade in, at a guess somewhere between £95,000 to £98,000, so it’s still way out of most peoples price range, at the point it becomes less expensive the battery will be shot and it’ll end as an economic write off
 

DRM

Guru
Location
West Yorks
Well the top spec X in the link is actually quicker than an Aventrador, the difference been the Aventrador is strict 2 seater vs up to 7 in the X, and the running costs of the top spec Model X is no different to my base spec car - so essentially almost nothing on fuel and very little maintenance. I have no idea how much an Aventrador cost to buy and run......but in many ways the X is a 'bargain' depending on what you are after in a car.

Believe it or not £100K isn't all that much to spend on a car for some, our ex chancellor for example will be able to tell you how you could actually use that £100K purchase price to reduce your tax bill by that amount all within the current UK legal frame work.


View: https://youtu.be/sZ7Jlq9mQrY

Ah I get it, it’s a tax fiddle for company directors, now we are getting to nub of the matter
 

gzoom

Über Member
Ah I get it, it’s a tax fiddle for company directors, now we are getting to nub of the matter

If you actually look into the UK tax system, the whole thing is setup to help keep the rich richer.....but as I say, that is accepted norm for society, so don't blame best players of the game, they simply understand the rules of the game much better than everyone else.
 

DRM

Guru
Location
West Yorks
If you actually look into the UK tax system, the whole thing is setup to help keep the rich richer.....but as I say, that is accepted norm for society, so don't blame best players of the game, they simply understand the rules of the game much better than everyone else.

Not necessarily the best players of any game, if Daddy’s money sets you up in business, and the system keeps you there, then the ordinary Joe doesn’t stand a chance and never has
 

Chislenko

Veteran
Not necessarily the best players of any game, if Daddy’s money sets you up in business, and the system keeps you there, then the ordinary Joe doesn’t stand a chance and never has

Euan Blair MBE springs to mind!
 
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CXRAndy

Guru
Location
Lincs
https://www.autoexpress.co.uk/tesla/model-x
Auto Express review above states the cost new is between £101,000 and £116,000 obviously depending on the specifications so, in that case I’m guessing the one in the Autotrader ad in 2 years has lost £16,000 in value, or 13.8% from new, which isn’t bad, but how much would the dealer give as a trade in, at a guess somewhere between £95,000 to £98,000, so it’s still way out of most peoples price range, at the point it becomes less expensive the battery will be shot and it’ll end as an economic write off

There are already Tesla's with a million miles of use. Longevity of batteries is not a concern with 8 yr manufacturers warranty.
 

DRM

Guru
Location
West Yorks
There are already Tesla's with a million miles of use. Longevity of batteries is not a concern with 8 yr manufacturers warranty.

Even at 8 to 10 years old, these cars will be too expensive, your also taking a risk on not just cells starting to fail but also ECU’s another item that won’t come cheaply
 
There was an interesting bit on the Beeb 6 o'clock news the other night .
They showed a graph of of the revenue expected by the government from tax and fuel duty with a blue line which ran horizontal . The actual income raised was in red and plummeted to the bottom . It seems that at some point the governments are going to have to charge EV's in a similar way to combustion engined vehicles to keep the country running .

Oh definitely.
I assume it'll be road pricing. The more miles you do the more you have to pay - which makes sense to me.

It'll probably focus people more on the actual cost of a trip rather than the tax being hidden in the fuel price.
 
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