How long until we see €2 a litre and will it push more to EV's faster?

Lots of reports moaning alright, a bit like yourself, but no evidence presented at all.

None of the moaners know what fuel was delivered, at what price, how often it was delivered or how much was in each delivery.

Just keep screaming price gouging, profiteering and rip off.

And no need for the petty insults calling people silly and childish.

You would think a well educated person would be more intelligent than to drag his argument down to trading petty insults.

Those figures are almost accurate (except the BMW/Yaris comparison), well done. If you read my post again I said "some" drivers, not all drivers!

OK, I apologise for the childish remark but not the silly one and your clearly trying to get a reaction with absurd comments 'like, I'm watching prices 24/7 and this delivery deflection nonsense.

You can choose not to accept what has being clearly going on, I don't get why your so adamant gouging has not accured when the dogs on the street can see it, or perhaps you've alternative agenda, who knows.

I've simply posted prices I saw this morning along with what I saw Tuesday night and Wednesday morning, people can make up their own minds (Objectively) I hope

Are you assuming that the EV will depreciate quicker than the i30?

Because if you assume that that their depreciation curves are similar, than you will have a more valuable car to sell on in 5 years. Assuming you did 16k km per year, you would have covered the price differential with your annual savings. So your net spend at end of year 5 is the same, but you've more equity sitting in your driveway. And obviously if you keep the EV longer, the savings are all in your pocket now.

I did a similar analysis of Petrol Octavia v Ioniq 5 and it wasn't even close over an 8 year ownership.

If you are comparing new to new and like with like, an EV looks like a no brainer right now (if you can get your hands on one).

I do of course accept and understand how pricing, deliveries etc work and I absolutely appreciate margins are extremely tight for operators. I've simply pointed out what I've seen (with my own eyes) and indeed many, many others have witnesses and reported.

I live ,very rural , know exactly when deliveries are made at my local station and can assure you NO deliveries took place all week and yet, prices were increased 4 times in a week and two of those happened late on Tuesday night and Wednesday morning .

I've equally acknowledged not every forecourt is gouging but without a shadow of doubt, many have.

There's a few on here (for whatever reason or motivation) refuse to accept the obvious

And most likely, the profit on that 7p is closer to 5p. He probably meant markup instead of "making"

Could be wrong but in ROI, it averages 5c

OK on the surface this makes sense but can I ask you this.

I've long understood (and perhaps I've been incorrect) if a forecourt gets a Delivery and Pays X Per litre , Wholesale price, is it not reasonable to assume that this price then reflects on the price sold to consumers (Retail ) per litre.

When Forecourt gets next Delivery at increased or indeed decreased Wholesale price, this in turn is reflected on the price the consumer pays 🤔

The issue, and I believe its a real issue , forecourts (Not all) have had their deliveries at a Wholesale price and on more than one occasion in the past few weeks have gone and increased retail prices despite actually not getting a new delivery 🤔

Do you believe this is remotely possible, serious Question 🤔

I'd also just point out the opposite happens when there's a worldwide decrease in oil prices , in that mysteriously it takes weeks for those price reductions to reach consumers, is it at all believable, Forecourts suddenly don't need deliveries for weeks on end when oil prices go down 🤔

All very, very curious.

No, I accept depreciation will be a big factor - the i30 will be a fraction of what it's worth new, if worth anything, but I don't know what to expect with an EV.

At the moment second-hand EV's seem to be appreciating somewhat (but, then too, so are ICE vehicles which seems to run contrary to what logic might suggest), but I gather that's a combination of shortages, lack of mass market model/range availability, the quicker savings to be made if you can get a second hand one as a result of the relatively cheap raw "fuel" costs.

I'm comparing diesel though, petrol is not nor was it ever an option for me, but would imagine petrol vs EV would be a clear gap.

I calculated over 5-years as that tends to be the max duration of HP finance and when warranty runs out (100,000KM in the case of the Leaf).

What sort of a shape might an EV be in after 5-years/150,000KM - battery, motor, etc.?

I've driven 5-10 year old diesels with well in excess of 200,000KM on the clock that were still going strong, could an EV be reasonably expected to hit 300,000KM in 10-years and still be going strong?

Also: on the Golf, a great many things that are standard on the ID.3 are options that you pay extra for.

You just explained the very reason they're price gouging.

Funny that it never goes the other way. You never see a garage dropping prices on cheaper stock until the older more expensive stock is gone.

Seems to me that fuel is a commodity. It is part of the definition of a commodity that it’s price fluctuates daily based on the market. I dont know why posters on this thread think it should be any different with this commodity or why only with it is it somehow morally wrong for the price to fluctuate between deliveries.

No but yes in another sense

If a garage has hedged the price to complete locally then say the garage now has taken in surplus 30K on profit and the price dropped by 5c per litre the following week, then it will be tough to complete at €2.10 per litre that the garage across the road sells at when you are at €2.19 as you still have last weeks higher price in the tank.

so as the owner you can decided to reduce the price at to €2.12 and loose 7c per litre to clear that tanks worth. But in reality you haven't lost as you made 30K more profit by raising the prices the previous time. This is hedging correctly and where the average of 5c per litres comes from.

I think at this stage the real lack of knowledge of the average Joe soap is giving a totally wrong conclusion on how these garages operate.

A friend of mine was looking at an electric Kona. They went for a new petrol Kona instead with 5 years servicing. Saved themselves over nearly €20k. However long that will last them in petrol these days :)