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EV Depreciation

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Comments

  • Registered Users, Registered Users 2 Posts: 7,749 ✭✭✭maidhc


    I live in cork. I go to Dublin a bit. Every car. I have ever owed can do the return journey on a tank. When I am finished in Dublin (no offence) I want to get out asap and not stop driving until I am home. Equally if I need to go to Cavan or Sligo, I want to stop when I feel the need to eat etc, not when the car does. I still only do 25k kms pa, but most of it is business related, and being late isn’t an option.

    the ev (right now) is a needless compromise for many people. Of course this will change and Bevs are a theoretically superior solution, but it looking like it will be slower than many thought.



  • Registered Users, Registered Users 2 Posts: 914 ✭✭✭sy_flembeck


    After less than a year with the Born I did just that and got a Formentor. Absolutely no regrets



  • Registered Users, Registered Users 2 Posts: 28,184 ✭✭✭✭drunkmonkey


    Did Mercedes drop the price of the EQE? I see you can pick up a 2024 for 76k. Thought they were about 100k last year.

    Just watched Nobbys review from last year again. Wonder how accurate his estimate of 300km when driving it on is, wouldn't be capable of cork Dublin and back.191 listed on done deal that's a lot.

    He just put up the EV9 review, range doesn't sound inspiring. Depreciation should be interesting.

    https://youtu.be/Ee1l880OzIg?feature=shared



  • Registered Users, Registered Users 2 Posts: 20,962 ✭✭✭✭Cyrus


    Yes 10k off them I think , 100k was for a pretty well specced one before the drop you could get a basic one for 85k



  • Registered Users, Registered Users 2 Posts: 20,962 ✭✭✭✭Cyrus


    Fair enough you have the mileage requirements but I maintain most people don’t. We do around 15,000 km a year most of the time we charge once a week, what kind of mileage do you think most people do if you say they need to plug in every second night ??



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  • Registered Users, Registered Users 2 Posts: 2,817 ✭✭✭John arse




  • Registered Users, Registered Users 2 Posts: 7,749 ✭✭✭maidhc


    80/100km a day? Not hard if you live outside of Dublin and have job, few children, etc and you are going to want to keep something in the tank, because life has a habit of being unexpected.



  • Registered Users, Registered Users 2 Posts: 20,962 ✭✭✭✭Cyrus




  • Registered Users, Registered Users 2 Posts: 59,626 ✭✭✭✭unkel


    Average car in Ireland does about 16k km per year from memory, so a bit over 40km on average a day. If your range is 400km, then charging once a week always leaves a good bit of reserve "in the tank"

    Personally I charge either of my EVs every day, as I only have a 3 hour window of 5c / kWh. Last year the main car did well more than average mileage and it's also a gaz guzzler, and I still easily managed that. The second family car only does about 7-8k km per year or thereabouts



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  • Registered Users, Registered Users 2 Posts: 7,749 ✭✭✭maidhc


    Sure, drive 50 mins in the wrong direction to find there is no parking at the station; double the travel time and get a bus transfer at Gabhail luimni. Come back to a clamped car. Been there, done that, never again.



  • Registered Users, Registered Users 2 Posts: 59,626 ✭✭✭✭unkel


    LOL, take the train. Are you Eamon Ryan, @[Deleted User]?

    I like your username though 😁



  • Registered Users, Registered Users 2 Posts: 1,792 ✭✭✭PowerToWait


    Been reading this with interest. Especially when I saw the 0 km Born at 30k, even though that's not a runner now.

    I have a 35k annual commute. Currently in an 182 E220d estate, very comfortable, but clocking up the miles. Also costing me 150 a week in juice, maintenance and tyres excluding tax and insurance.

    The Cupra etc wouldn't suit my /outside of work/ lifestyle, but purely as a commuter I can see how it might be advantageous. My Merc could serve me for years as a lifestyle car putting 5k a year on. Weekends I've dogs, gear, stuff I need and comfort required.

    I have the money to buy straight, so could it make ''sense'' to buy a 1 year old, heavily discounted EV as my get to work car? Commute is 70% Mway, 25% N road. I am set up for home charging (outlet is in situ, new build), though night rate Kwh is 20 cent (closer to 25 when vat and SC factored in) due to an almighty fcuk up when I stupidly signed to smart meter tariff.

    Just thinking, spare the Merc, one service a year, get 15 years out of it no hassle to do my hobbies on time off. Change the EV every 2 years. Also improved driver assist tech could make that commute less painful?

    I'll do the lad maths myself, just curious as to others' opinions on this scenario. Can a modern (22/23) EV beat the Merc in comfort and lessening driver fatigue?



  • Registered Users, Registered Users 2 Posts: 473 ✭✭vicM


    You weren't sure what my point is but made a statement anyway.

    I've stated probably on this platform or another that large battery EVs are creations born from all the people who said they needed an EV that can do 400 kms on a charge. Caused the OEMs to go out of their way to put massive batteries in cars when they could have made 2 50kwh cars rather than one 82kwh one and satisfied most users.

    Back to the PHEVs, I find most are used as commuters and most strive not to use the ICE part, so why not just get a 50Kwh EV. The Odd time you need to travel further, charge it enroute/destination. I know this is looking at things through my own lenses, but in my circle the big milage commuters are sticking with Diesel and the shorter commuters have gone fully electric.

    At the end of the day though, just get what you want



  • Registered Users, Registered Users 2 Posts: 827 ✭✭✭CivilEx


    This is a very similar use case for me. I drive from Mayo to our office in Dublin, plug into one of the 7kW chargers in the car park (there are plenty of them) while I'm at work.

    When I get back in the car at 4pm it's back at 100%, I get in and drive home. No stops needed for DC fast charging, no compromise, no delay.

    When I'm travelling elsewhere around the country I simply time the DC fast charge with my lunch or a coffee. More often than not, the car has charged before I finish.

    I do 25,000km p.a. where 12.000km is business related. There is a little bit more forward planning needed (I recommend you have a look at the Plugshare app), but being late isn't an option for me either.



  • Registered Users, Registered Users 2 Posts: 5,385 ✭✭✭enricoh


    Sod that for a game of soldiers. Did a 300km trip last Friday evening in dreadful conditions in my diesel focus wipers full bore n heater on.

    If I had to stop to charge I'd be bulling especially after spending 40k on a new motor. If I had to queue to charge - goodnight Irene, I'd need a holding pen to put the kids in!



  • Registered Users, Registered Users 2 Posts: 19,143 ✭✭✭✭ELM327


    Even my base model 3 (now listed for 42k new, whereas it was 54k in sept 22 when I bought it) would do that trip fine.



  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭Casati


    Running two cars to do the job of one car could get expensive. Could you not find a bigger EV that would be okay for your lifestyle needs?



  • Moderators, Society & Culture Moderators Posts: 40,532 Mod ✭✭✭✭Gumbo


    Nothing wrong with the idea but I’d explore if there’s an EV that can cover both? Removed one insurance policy, motor tax and frees up the garden space too.

    Do the maths for both cars being kept and see. But if I was buying an EV purely for the “commute” then I’d be keeping it as cheap as possible.

    I done it before while keeping the BMW M3, and golf GTi, bought a leaf. Cheap commute but I ended up using the leaf on the weekends too. Yes I missed going to cars and coffee but I ended up selling both ICE and getting a newer EV.



  • Registered Users, Registered Users 2 Posts: 2,885 ✭✭✭Casati


    Good point and important to check the detail - seems like the best selling ID4 and other VW group ev's are quite limited covering battery only after the bumper to bumper 3 year warranty is up,. Tesla, Kia and others cover the full drivetrain but few cover over 160,000km

    I do think that longer and more comprehensive warranties are needed- one of the reasons the Model S held its value so well was down to the superb warranty they came with- 8 year/ infinite miles. Buying a 5 year old meant you got as good as warranty as you could with a new Mercedes or BMW

    The 70% battery capacity also needs to be much higher to inspire confidence in used buyers



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  • Registered Users, Registered Users 2 Posts: 1,967 ✭✭✭djan


    I'd say you'd be cutting it quite close if at all doing 300km in bad weather especially wind at 125km/h indicated going by various test results. For national roads absolutely fine but once you hit motorway speeds in bad weather, range gets decimated.



  • Posts: 122 ✭✭ [Deleted User]


    100% agree. A 77kWh VAG EV will just about get 300km at motorway speeds in winter.



  • Registered Users, Registered Users 2 Posts: 1,694 ✭✭✭traco


    Mrs Traco replaced her 2007 ML320Cdi with a Model Y. On a par comfort wise and a big step up in tech with the advanced driver aids so that reduces dirver fatigue as it had no adapyive cruise etc etc only basic on / off. Yours may have more options. It is uch much quieter and would be quieter than your 182 also.

    In terms of space the Y is huge with the seats down. I was shocked at the space, so much bigger than the ML and also my Superb Estate. The rear boot lid slopes so you would need to check that if you carry the dogs with rear seats up but unless they are wolfhounds I think you would be OK. Rear boot cover is rubbish though - not a nice retractable one like yours.

    Could be worth a look.



  • Registered Users, Registered Users 2 Posts: 1,273 ✭✭✭crl84


    I do Dublin to Cork a few times a month, have to be in Little Island for 9am.

    I find it easily doable. If I'm ahead of time, I'll do a 15min charge on the way down when I'm getting a coffee (as I always stop for a coffee/breakfast snack), or else when I'm finished my meetings and on the way back up, I'll pull in somewhere for a quick charge while getting lunch. I value my time, so only charge when stopping to eat/get refreshment, there's no need to separate the two.

    That's with a 62KW battery. If I had gone for the 77KW version of my car, it would be even less of a stop, or potentially not have to stop at all in the summer.

    If the site I visit had chargers, or there was a slow charger within 15mins walk (no public ones in Little Island), I wouldn't have to stop at all on the journey. Chargers are being installed at the site soon, so I probably won't charge in future when I stop for coffee/lunch.



  • Registered Users, Registered Users 2 Posts: 19,143 ✭✭✭✭ELM327


    Well I've done 45k km since Sept last in it, and the vast majority is on the M11. I know what motorway range I get, and I always drive at the speed limit + VAT. You've got 61kWh gross and 56kWh net in the LFP RWD. To do 300 km you only need to average 187wh/km. My average over the lifetime of my ownership is ~150.

    I'm far from an EVangelist or a Musk kool aid fanboy but I like to tell it as it is.



  • Registered Users, Registered Users 2 Posts: 4,115 ✭✭✭sk8board


    If 150 is the lifetime efficiency, what’s the motorway efficiency? Tks

    am looking for an EV with 350k winter motorway range, for a regular 175km round trip



  • Registered Users, Registered Users 2 Posts: 59,626 ✭✭✭✭unkel


    Why would you need 350km winter motorway range if your trip is only half that? Very few EVs can do 350km at 120km/h in bad cold weather. Many first time EV owners overestimate the size of the battery they need. Then they overpay for their EV that has more range than they need and to add insult to injury, they needlessly carry around a few hundred kg more than required, so have higher fuel use for the entirety of their ownership.



  • Registered Users, Registered Users 2 Posts: 19,143 ✭✭✭✭ELM327


    The vast majority of my driving in that car is motorway. Local trips are done in my leaf or herself's Ora. I'd generally estimate 175 in winter and 155 or less in summer. I've never seen higher than 180 - even in the worst possible conditions.

    Watch Bjorn Nyland's reviews of EVs, he does a 90 & 120 kmh range test and shows exactly what efficiency and range you will get in each, and works out winter and summer range. Himself and Out of Spec are the two best channels for EVs for range and efficiency calculations as they are consistent tests in the same manner on the same roads and they are transparent. Bjorn even has the historical data for all EVs tested available on public google sheeeeets



  • Posts: 122 ✭✭ [Deleted User]


    Presumably they want to come home too... One imagines the 175km, rather than being a round trip, is each way.



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  • Registered Users, Registered Users 2 Posts: 59,626 ✭✭✭✭unkel




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