This week's EV bargain that I'm not buying

It's a pity they are so ugly, but I must admit I have a want for them too 😂

Just came across a 6 bar one for €3k asking. Not going to put it up here - not really a bargain but you'd have a half chance of getting it for €2k. Winter range on a bad day no more than 20km though 😲

Even better. The fact that the owner is dropping the price quickly means he is eager to get rid of it. Knowing that I'd go over in person and low ball him at €11k. You never know, got be got for well under €12k

LOL, I'd argue the total opposite of pretty much all you have said there. At €11-12k the Ioniq is a total bargain. Only an imbecile would let it go for €10k, it would make more at auction even if the car was tatty with no NCT.

That didn't have an NCT though, did it? Like yourself I can't quite remember

As always on an out of warranty car: eyes wide open. When you go see the car, you could check battery via OBD2 port. Also I would ask the seller to fully charge it then take it on a spirited drive, if you know Ioniqs, you will know if the battery is lasting ok. These cars are not known to have serious battery degradation in terms of less available range, even after 200k km

Strong whiff of mike9823 or his other 20 aliases that used to frequent this forum a few years ago ?

Easily. In good weather in summer you'd get 170-180km at 120km/h at a push.

Almost all EVs have a lot lower depreciation than ICE cars.

So you reckon that lower end older EVs had lower than ICE depreciation over the last few years, but now they are on a par?

I can't honestly say I believe that to be the case. It makes no sense. Now more and more people are opting for pure EVs as their next brand new car (this is increasing extremely rapidly - in Norway it is already over 90% and we are only maybe 4-5 years behind), the demand for cheaper EVs as second household cars will naturally increase. And seeing there were almost no brand new EVs bought 6 years ago or so, it means supply will stay low. Hence prices staying high (and depreciation being low or even negative)

Where almost 7 years ago people looked at me like I had 7 heads when I bought my first EV, now people will almost look funny at someone saying EVs will never be mainstream. Everybody now knows where this is going and most people know it is going to be swift.

It's a tough sell. For only a few grand more people would have a brand new Model 3. The Tesla price drops have taken a large chunk of value particularly off similar priced second hand EVs but probably some value off all cars really except the low end.