EV Depreciation

waterwelly · 28-12-2023 05:40PM

https://www.boards.ie/discussion/comment/121544286#Comment_121544286

Nothing new in what you are saying.

I was just explaining to somebody why people don't obsess over ice range.

unkel · 28-12-2023 06:44PM

https://www.boards.ie/discussion/comment/121544304#Comment_121544304

Not desirable? Most over 70 year olds would probably agree with you. I can assure you virtually all children would disagree with you ;-)

Being conservative and resisting change is natural to most humans. That's why it often takes a generation or more to adjust to new realities. Unless you use force & nudging to beat it out of people or tempt them away from it.

maidhc · 28-12-2023 06:53PM

https://www.boards.ie/discussion/comment/121544514#Comment_121544514

I’m old enough to have spent my then life savings on a pentium 4 with Rambus Rdram and a DVD”+”rw.

Hydrids and phevs are the solution for now. I’ll let someone else experiment with what works for the future!

Good to see you are still alive and well btw..

Gumbo · 28-12-2023 06:55PM

https://www.boards.ie/discussion/comment/121544304#Comment_121544304

That’s fine.

There’s a General Motors forum so you don’t have to get mad anymore.

maidhc · 28-12-2023 06:57PM

https://www.boards.ie/discussion/comment/121544544#Comment_121544544

Sorry?

Gumbo · 28-12-2023 06:59PM

https://www.boards.ie/discussion/comment/121544554#Comment_121544554

No need to get mad at EV owners in an EV forum. Save your stress levels. If you’ve no interest then ……..

waterwelly · 28-12-2023 07:03PM

https://www.boards.ie/discussion/comment/121544514#Comment_121544514

What children are you referring to?

I've late teen and early 20 kids, they've loads of friends similar age.

All seem perfectly content driving ICE and going on regular road trips etc.

All the leaving certs flying off to Spain and Greece as a right of passage, then the J1 to America as a right of passage.

From what I can see they are all perfectly happy enjoying a fossil fuel driven lifestyle.

maidhc · 28-12-2023 07:06PM

https://www.boards.ie/discussion/comment/121544561#Comment_121544561

I was recounting my experience of hybrid vehicle(s) in an appropriate forum that is entitled “electric vehicles and hybrids” I certainty am neither stressed nor mad, but expressing my views. I’d ask you please retract your comment.

btw I think evs are the future, and save for the whole range thing would have one bought long ago.

unkel · 28-12-2023 07:18PM

https://www.boards.ie/discussion/comment/121544577#Comment_121544577

Late teens and early 20s are adults in my book and thankfully also according to the law 😂

unkel · 28-12-2023 07:23PM

https://www.boards.ie/discussion/comment/121544539#Comment_121544539

Good to see you around too! Still got that W201 2.6 I6 stashed aways somewhere? Great cars, I grant you they don't build them like that anymore. And the incoming barrage of cheap Chinese EVs that will replace all our Toyotas and Volkswagens in the next decade or two isn't really the stuff of wet dreams either.

I'm glad that after you got burnt on that RDRAM, you got a much better deal buying that server stuff off my brother in law a few years later 😀 You should see RDRAM as hydrogen / hybrids / PHEVs though. A lot of people thought they were the second coming, but it's turned out they were neither here nor there and soon people will laugh at the ridiculousness of them...

Gumbo · 28-12-2023 07:29PM

https://www.boards.ie/discussion/comment/121544577#Comment_121544577

I have children from 12-2. I doubt any of them will drive ICE, if any car at all by then.

waterwelly · 28-12-2023 07:31PM

https://www.boards.ie/discussion/comment/121544544#Comment_121544544

I'm always bemused how (some) EV drivers gets defensive when the obvious downsides of them are pointed out.

I always equate EV's to mobile phones and cordless drills.

The technology is changing so fast that what's state of the art today will be obsolete rather quickly, hence rapid depreciation (leaving aside the market shocks such as Brexit, Ukraine etc.)

Buddy Bubs · 28-12-2023 07:36PM

Unlike others, I see PHEV and EV very much sitting side by side in the future when the dust settles. I'm happy to stay EV but I can very much see PHEV plugging the gap for those that can't go EV. May require a change in legislation but I can't see any reason why the law can't change.

gammon199 · 28-12-2023 07:44PM

https://www.boards.ie/discussion/comment/121544514#Comment_121544514

99% of EV owners are old.

They are not a young persons car, I don't know one young person that owns one

They are a homeowners car, old person car, the only young people with them will be living at home.

They are very unattractive for young people

Especially if you have to wait a few years for ROI and cost of ownership etc

Not much good that to a young person, renting some place and who might go to Australia or wherever at short notice

Buddy Bubs · 28-12-2023 07:46PM

https://www.boards.ie/discussion/comment/121544719#Comment_121544719

What's old?

gammon199 · 28-12-2023 07:49PM

https://www.boards.ie/discussion/comment/121544726#Comment_121544726

People that are settled and have bought a house, maybe kids, typically 30+ these days

Buddy Bubs · 28-12-2023 07:54PM

https://www.boards.ie/discussion/comment/121544738#Comment_121544738

Theres a huge drop off in young people driving anything compared to previous years. Loads of my staff under 30 have to be pushed very hard to even apply for a driving licence never mind buy a car.

Same with CVs that come in for jobs, it's a screening question I use and it masses me the amount of young lads with no driving licences well into their 20s

gammon199 · 28-12-2023 07:58PM

https://www.boards.ie/discussion/comment/121544134#Comment_121544134

Lies

EV are worse, ICE have a gearbox

ICE vehicles have multi-speed transmissions that have optimised efficiency across a range of speeds. EV's, in contrast, typically use single-speed transmissions. Electric motors can operate less efficiently, electric motors are approximately as efficient across their operating range, regardless of engine speed, they provide maximum torque from zero RPM, but as you go faster, mechanical friction, rolling resistance and aerodynamic drag all increase, taking a bigger bite out an EV’s stored reserves. ICE are way less efficient in general but they have an operational “sweet spot”. Even though friction and drag losses increase at high speeds for ICE just like they do for EV's they are less evident because the engine remains in that range of optimum designed efficiency, the sweet spot

josip · 28-12-2023 08:05PM

Although I disagree about EVs not being suitable for long range driving, I do agree that they are more suited to home (house) owners. Which is a problem, because house owners are on average older than young people who rent or own apartments. Young people would be more willing to try new tech, but that new EV tech is cost ineffective for most of them at present.

gammon199 · 28-12-2023 08:05PM

https://www.boards.ie/discussion/comment/121544757#Comment_121544757

I believe it

Cars are money pits

With the technology we supposedly have, driving shouldn't be necessary those kids were told.

I remember Musk the snake saying 5 -6 years ago, we'd all be driven around by Robotaxi's/AI by now

Any child in primary school today will never have to learn how to drive :)

The cars produced by Tesla have all the hardware needed for full self driving

Good times

Gumbo · 28-12-2023 08:20PM

https://www.boards.ie/discussion/comment/121544678#Comment_121544678

I’m also bemused that many fly by night posters find their way to a particular forum just to belittle users choices in that forum.

By all means, dont buy an EV.

Nobody has a noose around your neck.

It’s a fuel source. Suits some, doesn’t suit others. But to consistently come into a forum to post why they don’t work is weird when they obviously do work for many.

If it’s any consolation I have the same Bosch cordless drill I bought in 2016. Still does what it says on the box for my use case.

Lord Nikon · 28-12-2023 08:59PM

https://www.boards.ie/discussion/comment/121509061#Comment_121509061

I bought a 2020 Q8 Etron(50) 6 months ago for 45k, only 17k miles on it. Bargain.

snowcat · 28-12-2023 08:59PM

https://www.boards.ie/discussion/comment/121544849#Comment_121544849

Bought an EV in 2020 second hand for 15k. Still worth 15k or so. Ran up 100k kms. 99% charging at home, saved about 10k on fuel. Battery still showing the exact same range as when i bought it. 0 Repairs. Only cost 2 sets of Michelins. No Brakes oil nothing. Service in Main Dealer is 80 euro. Not sure how pople can justify the running costs of an ICE as daily. (I also had 2 door ICE supercar for playing around so love my cars) but the electric will be staying for plodding around.

Buddy Bubs · 28-12-2023 09:06PM

https://www.boards.ie/discussion/comment/121545057#Comment_121545057

That's original Etron, the q8 has only just come out and replaced it. Not a huge difference though.

Jizique · 28-12-2023 09:07PM

https://www.boards.ie/discussion/comment/121545058#Comment_121545058

Model?

snowcat · 28-12-2023 09:14PM

https://www.boards.ie/discussion/comment/121545095#Comment_121545095

The EV? Fun guesses accepted

maidhc · 28-12-2023 09:25PM

https://www.boards.ie/discussion/comment/121544849#Comment_121544849

In fairness it’s a fair response to EV evangelism. If your comments are even slightly directed to me you will note I have posted on and off here for the bones of two decades, mostly on motors issues.

the entire point is that not everything suits everyone. Right now I have a pure hybrid, a phev, a 20 year old landcruiser and a 75hp van that is driven by my employees in my driveway. They are all very different beasts, and the phev will cost 8k to move up 2x years next week (topic). My view is the phev is the best compromise for now and is holding its value well as a result.

Mind you the reference to cordless drills is flawed, they haven’t really moved at all since 2016, indeed I replaced my Dewalt dcd996 from that vintage last week with the same model.

Gumbo · 28-12-2023 09:35PM

https://www.boards.ie/discussion/comment/121545189#Comment_121545189

Was not, in any way referencing yourself.

The funny thing is that some of still have ICE too, including diesels and petrols. You buy the right tool for the job and all that.

Im looking out into the garden at 2x 520d’s and a transit at the moment 😂

waterwelly · 28-12-2023 10:02PM

https://www.boards.ie/discussion/comment/121544849#Comment_121544849

Bit of a rant there.

This is a thread about EV depreciation.

It would be very unfair on a potential EV driver to only see biased "everything is rosy in the garden" inputs.

Gumbo · 28-12-2023 10:03PM

https://www.boards.ie/discussion/comment/121545384#Comment_121545384

I copied the format of your post. I guess you consider yours not to be a rant ?

Depreciation in cars should be a given to anybody considering buying a car. It’s basic economics.

EV Depreciation

Comments