kop-end wrote: » This does make the mid-print range full EV's more attractive now. The problem is, with all this chopping and changing in grants for this market and the lack of clarity on a long-range plan, its easy to see people stay away for a few more years.
Lantus wrote: » I don't think so. Ev cars are very much in demand and consumers know it. They are already economic and the quicker the grants are withdrawn the quicker pricing can stabalise and become competitive. The 60k plus grant is a nonsense and accounts for a tiny number of wealthy people that shouldn't really have been able to get a free discount paid for by people who will never be able to afford such a car. Ultimately the manufacturer is the real winner pocketing the free cash. Remember vw sank 1.62 BILLION into developing the veyron and made a 6 million loss on each one with no grants whatsoever. Yet we are told they cannot make a family affordable ev for around 30k without governments handing over people's money. Please, don't waste my time. (Not you op!)
liamog wrote: » Pretty much the opposite happens in other markets, people tend to bring forward a purchase to get in before the change.
kop-end wrote: » Agreed, but I think in Ireland we are depending on business to support the uptake for Ireland to reach its targets. i.e. Full EV's to be used as company cars, 0% bik, reduced tolls, etc... As most companies/company car drivers operate on a 3 year/5 year lease cycle, the constant changes in grants and subsidies makes it hard for them to calculate the savings on the life of the lease.
liamog wrote: » You only get the SEAI grant at the purchase time, so not sure why this would affect lease planning.
ei9go wrote: » Its also ridiculous that you can get a grant every year for a new car. I would have thought that after buying a new car with a grant, you should have to wait at least three years before you get another grant.
ELM327 wrote: » removing the grant for >60k cars means that diesels or sports cars will be purchased instead of Taycans and Teslas.
KCross wrote: » Will it? €5k is unlikely to be a big factor in that bracket. If it is, that person probably cant afford it in the first place or is stretching. As you go further down the price segements €5k will have a much greater impact so thats where the scarce resource needs to be spent.
ELM327 wrote: » You'd be surprised. Its not so much the real financial situation but the perceived one. Those expensive cars that get the grant have a knock on effect too. I bought my S for 50% of the sticker price which had a grant on it. If the first purchaser didnt buy that S perhaps I would not have gone full EV?
KCross wrote: » I'd have my doubts. Ultimately its this.... Is a customer buying a €100k car going to walk away because the car is now €105k? Possibly, but unlikely. Is a customer buying a €30k car going to walk away because its now €35k? Good chance they will. As a percentage the €5k on the €30k car is a much much larger percentage of the overall purchase price. Given we are not Norway and cant throw endless millions at this problem I'd rather target as many cars at the €30k segment as we can than the higher end, which just gives the impression that EV's are for the rich. That perception is important too.
lukas8888 wrote: » My new Taycan is due in June and i was waiting to register in July but am now moving to June reg as i had factored in the 5K grant to purchase.As i have a 3 year old Panamera hybrid i would not not have changed without the 5K grant.Now can some one pass me the tissues.
quokula wrote: » The point of the Veyron was to make that money back in marketing value. It is not feasible for car companies to make a loss on their cars as standard, or they won't be in business very long, that should be pretty obvious. I agree with the general point though that high end luxury cars shouldn't be getting a grant, it makes sense to eliminate it for cars above 50k at least. I think it probably is still needed in the 30k range for a while longer to get uptake to continue. Ultimately manufacturers will be setting target costs based on grants that exist in much larger countries and Ireland will just need to follow that trend.
80sDiesel wrote: » They dropped the grant to 35k in the U.K. BMW reduced its i3 pricing with the i3s dropping down to 34,805. A reduction of 7,500!https://www.fleetnews.co.uk/news/manufacturer-news/2021/03/31/bmw-announces-significant-price-cut-for-i3-and-i3s
slave1 wrote: » I'm no fan of PHEV's, they've already been and gone as far as I'm concerned.
Lantus wrote: » Pure nonsense. Your trying to suggest that someone won't buy a taycan because it's 104k instead of 106k before they indulge in options.... Instead they will plum for an octavia vrs....... Elsewhere in the real world...
Mickeroo wrote: » I'd be very surprised if this isn't what happens with most EVs as grants change or are removed. If dropping below the threshold is too much they will just lower the on the road price by the value of the grant instead imo (so basically cars stay the same price they are now).
Orebro wrote: » So many people thinking that they should be subsidized into electric cars, forgetting that every euro put towards a car means a euro not going elsewhere.
Orebro wrote: » someone well heeled getting a subsidy to get the latest Tesla, VW, etc while the person that cannot afford a newer car gets screwed over again. (Just like from 2008 the better off bought their new Lexus or BMW to take advantage of the new lower road tax while the less well off were left behind paying huge road tax).
liamog wrote: » Car is sold new for €40,000 and depreciates by 40% over 3 years. Second car buyer pays €24,000. Same car is sold for €30,000 with incentives and depreciates by 40% over 3 years. Second car buyer pays €18,000. The initial purchase incentives are passed on to future buyers of cars. So everyone person in the chain of ownership eventually benefits.
