Would you have an electric car if you had the money for a new car and were in the market for one?

[Mr. Dazzle]

I think I might have some fun with it and chav it up a bit. I'm thinking dechrome, black wheels, tinted windows and full body kit!

https://www.millteksport.com/products/tesla.html

[Taipan]

I think I might have some fun with it and chav it up a bit. I'm thinking dechrome, black wheels, tinted windows and full body kit!

https://www.millteksport.com/products/tesla.html

No! I must embrace and find love for the stealthy silence that masks the unbridled power that lurks within!

[wheelnut]

I think I might have some fun with it and chav it up a bit. I'm thinking dechrome, black wheels, tinted windows and full body kit!

https://www.millteksport.com/products/tesla.html

No! I must embrace and find love for the stealthy silence that masks the unbridled power that lurks within!

You quickly get used to it. Tbh, I don’t notice it anymore.

[Count Steer]

https://www.millteksport.com/products/tesla.html

No! I must embrace and find love for the stealthy silence that masks the unbridled power that lurks within!

You quickly get used to it. Tbh, I don’t notice it anymore.

I imagine you notice when you get back in a suck/squeeze/bang/blow car though.

[Mr. Dazzle]

Drove past this place yesterday, just south of MK. I usually use the M1 when going that way so I'd not seem it before.

https://www.awgroup.org.uk/awenergy-goe ... xtra-mile/

Two things struck me:

The price...39p/kWh is about half the price of everywhere else for a rapid charge.

The wind turbines...they're not for show, they directly power the chargers (i.e. not via the grid) which apparently is/was a UK first. Sounds like a pedantic distinction but it means you don't have to sell your Turbine juice to the grid and then buy back juice at semi-fixed prices, you can just make and sell it for whatever you like.

I do think we'll see more and more of this sort of thing. Presently rapid charging is biased heavily towards the "demand" side so there's not much incentive to be price competitive. But these ^^^ guys have apparently seen fit to fire the first shots in a price war. There's no technical reason fast charging has to cost 80p/kWh, stations just charge that (no pun ) because they can and because of the slightly odd way electricity is bought/sold at grid scale.

[Stig]

Was lucky enough to have a model 3 for work back when they came out

Four years later I was thrilled to give it back

[Saga Lout]

...
The wind turbines...they're not for show, they directly power the chargers (i.e. not via the grid) which apparently is/was a UK first. Sounds like a pedantic distinction but it means you don't have to sell your Turbine juice to the grid and then buy back juice at semi-fixed prices, you can just make and sell it for whatever you like.
...

Something missing from that report. If they're not connected to the grid, where do they get the electricity from when the wind isn't blowing?

[Mr. Dazzle]

Do you reckon angles more than 90 degrees are like that on purpose

[Docca]

I think I might have some fun with it and chav it up a bit. I'm thinking dechrome, black wheels, tinted windows and full body kit!

https://www.millteksport.com/products/tesla.html

No! I must embrace and find love for the stealthy silence that masks the unbridled power that lurks within!

The i5 (which probably means all electric beemers) has ‘mode’ settings where you can make it sound like a v8, a spaceship and a few other things.

Brilliant for about a day, then irritating as fuck to me so I’ve turned them off again.

Wafting around in silence is lovely. Unless it’s a motorbike, then it needs to gurgle

[Stig]

Like the whoopee cushion in Tesla’s

I’d rather they had developed cruise control that didn’t shut its pants in the middle lane of a motorway and emergency stop at the mere whiff of a car overtaking to the right

[demographic]

...
The wind turbines...they're not for show, they directly power the chargers (i.e. not via the grid) which apparently is/was a UK first. Sounds like a pedantic distinction but it means you don't have to sell your Turbine juice to the grid and then buy back juice at semi-fixed prices, you can just make and sell it for whatever you like.
...

Something missing from that report. If they're not connected to the grid, where do they get the electricity from when the wind isn't blowing?

Just a guess but a shipping container full of batteries?

[Mr. Dazzle]

Or the grid.

You don't have to be completely off the grid to benefit by not using it sometimes.

[Horse]

On LinkedIn:


Ben Macdonald
Managing Director Nodum @ Nodum | Innovative EV Technology

There has been a lot of talk about the depreciation associated with the purchase of a new EVs over the last few years. So much of this is pony.

Firstly, there is still a legacy impact from the constrained supply associated with the pandemic. It is ECON 101. The supply was constrained as a result of difficulties with manufacturing during covid. This was combined with a surplus of discretionary income because people weren't spending money on other elements of their life (wining and dining amongst other things). As a result many of the cars now coming off lease were purchased when prices were high.

Secondly, many cars were (and still are) purchased with government incentives. While these may not always be direct incentives they are still incentives. This means comparing the sticker price with the second hand price is not valid. In the UK favourable BiK rates and the SalSac scheme result in the cost paid by a consumer or business of a new EV being significantly lower than the new price quoted at dealerships.

Thirdly, the depreciation with "expensive" or "premium" vehicles has always been legendary. Five years ago the majority of new EVs that had real utility value were certainly in the more premium price bracket. This is no longer the case. We are now reaching price parity for EVs and this is fundamentally changing the equation across all segments of the market - one only has to look at the pent up demand for the Renault 5 to understand this.

More affordable EVs will maintain their value better than internal combustion engines. This will likely even be the case for some more premium vehicles. This will primarily be a result of their running costs.

This post was partly inspired by an article sent to me about the depreciation of a 2024 Range Rover Autobiography LWB. It was purchased in the US for USD$191,520 and sold second hand one year later for USD$135,000 - despite only putting 4,900 miles on the clock. In just depreciation alone, this cost the owner USD$11.50 per mile.

Part of the reason for the depreciation of large and complicated cars such is the fuel and maintenance costs - I hypothesise that a switch to EVs will result in less downward pressure on the residual values of some of the large vehicles as a result of the cheaper running costs.

[Mussels]

On LinkedIn:


Ben Macdonald
Managing Director Nodum @ Nodum | Innovative EV Technology

There has been a lot of talk about the depreciation associated with the purchase of a new EVs over the last few years. So much of this is pony.

Firstly, there is still a legacy impact from the constrained supply associated with the pandemic. It is ECON 101. The supply was constrained as a result of difficulties with manufacturing during covid. This was combined with a surplus of discretionary income because people weren't spending money on other elements of their life (wining and dining amongst other things). As a result many of the cars now coming off lease were purchased when prices were high.

Secondly, many cars were (and still are) purchased with government incentives. While these may not always be direct incentives they are still incentives. This means comparing the sticker price with the second hand price is not valid. In the UK favourable BiK rates and the SalSac scheme result in the cost paid by a consumer or business of a new EV being significantly lower than the new price quoted at dealerships.

Thirdly, the depreciation with "expensive" or "premium" vehicles has always been legendary. Five years ago the majority of new EVs that had real utility value were certainly in the more premium price bracket. This is no longer the case. We are now reaching price parity for EVs and this is fundamentally changing the equation across all segments of the market - one only has to look at the pent up demand for the Renault 5 to understand this.

More affordable EVs will maintain their value better than internal combustion engines. This will likely even be the case for some more premium vehicles. This will primarily be a result of their running costs.

This post was partly inspired by an article sent to me about the depreciation of a 2024 Range Rover Autobiography LWB. It was purchased in the US for USD$191,520 and sold second hand one year later for USD$135,000 - despite only putting 4,900 miles on the clock. In just depreciation alone, this cost the owner USD$11.50 per mile.

Part of the reason for the depreciation of large and complicated cars such is the fuel and maintenance costs - I hypothesise that a switch to EVs will result in less downward pressure on the residual values of some of the large vehicles as a result of the cheaper running costs.

Great sales patter, we know they were a bit rubbish and way overpriced but that's all changed now so you can buy with confidence.
At least he's confirmed what I thought of them so far.

[Count Steer]

On LinkedIn:


Ben Macdonald
Managing Director Nodum @ Nodum | Innovative EV Technology

There has been a lot of talk about the depreciation associated with the purchase of a new EVs over the last few years. So much of this is pony.

Firstly, there is still a legacy impact from the constrained supply associated with the pandemic. It is ECON 101. The supply was constrained as a result of difficulties with manufacturing during covid. This was combined with a surplus of discretionary income because people weren't spending money on other elements of their life (wining and dining amongst other things). As a result many of the cars now coming off lease were purchased when prices were high.

Secondly, many cars were (and still are) purchased with government incentives. While these may not always be direct incentives they are still incentives. This means comparing the sticker price with the second hand price is not valid. In the UK favourable BiK rates and the SalSac scheme result in the cost paid by a consumer or business of a new EV being significantly lower than the new price quoted at dealerships.

Thirdly, the depreciation with "expensive" or "premium" vehicles has always been legendary. Five years ago the majority of new EVs that had real utility value were certainly in the more premium price bracket. This is no longer the case. We are now reaching price parity for EVs and this is fundamentally changing the equation across all segments of the market - one only has to look at the pent up demand for the Renault 5 to understand this.

More affordable EVs will maintain their value better than internal combustion engines. This will likely even be the case for some more premium vehicles. This will primarily be a result of their running costs.

This post was partly inspired by an article sent to me about the depreciation of a 2024 Range Rover Autobiography LWB. It was purchased in the US for USD$191,520 and sold second hand one year later for USD$135,000 - despite only putting 4,900 miles on the clock. In just depreciation alone, this cost the owner USD$11.50 per mile.

Part of the reason for the depreciation of large and complicated cars such is the fuel and maintenance costs - I hypothesise that a switch to EVs will result in less downward pressure on the residual values of some of the large vehicles as a result of the cheaper running costs.

Great sales patter, we know they were a bit rubbish and way overpriced but that's all changed now so you can buy with confidence.
At least he's confirmed what I thought of them so far.

Didn't notice him saying they were 'a bit rubbish'.

[Mussels]

Didn't notice him saying they were 'a bit rubbish'.

You are correct, I think that crept into my head when I read 'Range Rover'.

[Taipan]

On LinkedIn:


Ben Macdonald
Managing Director Nodum @ Nodum | Innovative EV Technology

There has been a lot of talk about the depreciation associated with the purchase of a new EVs over the last few years. So much of this is pony.

Firstly, there is still a legacy impact from the constrained supply associated with the pandemic. It is ECON 101. The supply was constrained as a result of difficulties with manufacturing during covid. This was combined with a surplus of discretionary income because people weren't spending money on other elements of their life (wining and dining amongst other things). As a result many of the cars now coming off lease were purchased when prices were high.

Secondly, many cars were (and still are) purchased with government incentives. While these may not always be direct incentives they are still incentives. This means comparing the sticker price with the second hand price is not valid. In the UK favourable BiK rates and the SalSac scheme result in the cost paid by a consumer or business of a new EV being significantly lower than the new price quoted at dealerships.

Thirdly, the depreciation with "expensive" or "premium" vehicles has always been legendary. Five years ago the majority of new EVs that had real utility value were certainly in the more premium price bracket. This is no longer the case. We are now reaching price parity for EVs and this is fundamentally changing the equation across all segments of the market - one only has to look at the pent up demand for the Renault 5 to understand this.

More affordable EVs will maintain their value better than internal combustion engines. This will likely even be the case for some more premium vehicles. This will primarily be a result of their running costs.

This post was partly inspired by an article sent to me about the depreciation of a 2024 Range Rover Autobiography LWB. It was purchased in the US for USD$191,520 and sold second hand one year later for USD$135,000 - despite only putting 4,900 miles on the clock. In just depreciation alone, this cost the owner USD$11.50 per mile.

Part of the reason for the depreciation of large and complicated cars such is the fuel and maintenance costs - I hypothesise that a switch to EVs will result in less downward pressure on the residual values of some of the large vehicles as a result of the cheaper running costs.

Great sales patter, we know they were a bit rubbish and way overpriced but that's all changed now so you can buy with confidence.
At least he's confirmed what I thought of them so far.

he should do a head to head with a Taycan!

[Taipan]

My Ohme pod charger is being installed on the 23rd. I'm completely green when it comes to this stuff,but when searching out EV tariffs, all roads seem to lead to the Octopus Intelligent one, which apparantly you let it take control of your EV and it charges it automatically on cheap rates etc. Sounds pretty cool to this lazy bastard.

I dutifully followed a referral link from the EV charger installer but it only leads to single/dual fuel tariffs? After spending more time than I wanted to, it turns out you have to sign up to Octopus for your electric +/- gas and then add the EV charging package on. I think? I should have checked how competitive the octopus rates are compared to my EDF ones, but its a bit late now. Based on how many others switch to Octopus i'll just blindly follow.

More interesting is my new tyre turned up yesterday so I'll get that fitted today and then have 4 matching boots on the car.

[KungFooBob]

Isn't everyone with Octopus anyway?

[Taipan]

Isn't everyone with Octopus anyway?

They seem to be popular with the all electric dwellings around here but not really heard of them apart from that. Not particularly a subject i immerse myself in though!