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EV Depreciation

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Comments

  • Registered Users, Registered Users 2 Posts: 7,826 ✭✭✭maidhc


    Yes, it’s called the Internet, tons of articles saying practically everything about anything.

    if you want to believe something to be true you will find something to convince you, even if you deity is a glorified milk float (god be with the days people spoke here about driving pleasure and engagement, even you had a few nice BMWs back in the day iirc).

    Toyota are doing very well on the back of shunning EVs. They had a good 23 and well it seems have a good 24. That’s just a fact. EVs are not selling as well as people though, that’s also a fact.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,997 ✭✭✭✭Cyrus


    I have had plenty of nice cars, I am a car enthusiast, like gumbo, unkel and others I am as well placed as anyone to compare an ev to a performance ice which I why I can’t take the people with diesel Skodas saying they prefer the driving experience of an ice seriously!

    I am no ev evangelist but I have 4 years experience now as well as 20 years experience of sporty ice cars. Disinformation annoys me.



  • Registered Users, Registered Users 2 Posts: 473 ✭✭Ev fan


    It is a fact that the EV market is growing quite rapidly across a lot of markets. With continuing very large investments in EV battery production and development, EVs will continue to get cheaper with higher energy batteries. This will entice more and more people (certainly not all) to buy EVs. This rapidly developing market is one that Toyota does not participate meaningfully in. Instead they use "weasel word marketing campaigns like "self charging hybrids" and increasing line ups of "electrified" cars. They continue to argue against full EVs as being a solution to CO2 emissions but of course their air polluting petrol charging hybrids are the answer. They talk a big game on their new solid state batteries but are very coy about timelines for introduction and intro dates seem to continue to be pushed out to the late 2020s'. Toyota are a very large company with a lot of resources some of which they should be rapidly deploying in EV development. Shame on them.



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    In fairness to Toyota they use their mild hybrids batteries to keep the ICE running its most economical regime. Which is quite smart. Especially for people who will never have a home charger, or want one.

    EV's are lovely to drive. I'll take it for 95% of my daily driving. But the dynamics are compromised by all that weight. for that 5% of where I can enjoy it, a good (the majority are dull) manual ICE is different experience dynamically. That said all of people confuse that with performance.

    Both the ICE and EV markets are in flux. Rather than all the doom and gloom, its an opportunity to take advantage of it.



  • Registered Users, Registered Users 2 Posts: 7,826 ✭✭✭maidhc


    the point of this tread was why EVs are depreciating more than ic cars. The reasons have been well established for this.

    i assumed we were all car enthusiasts here, although I must say there is nothing worse to drive really than a modern car of any type, they are all fairly fast, comfy, but utterly turgid yokes.



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  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    I dunno something like the new Lotus Emira is by all accounts a great car. GT86, GTI UP, things like that.

    Even something like a new Golf, or Astra, would run rings around my old Mk2 GTI. Performance, Brakes AND dynamics.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,997 ✭✭✭✭Cyrus


    i don’t think anything has been well established,it would be like going back 18months and saying evs don’t depreciate at all, the market is correcting at the moment but from what i can see in the main it’s the normal depreciation curve on new cars be they ice or ev unless there has been price adjustments up or down in the interim / changes to grants .



  • Registered Users, Registered Users 2 Posts: 7,826 ✭✭✭maidhc


    We are discussing the present and possibly immediate future. It’s no big deal. I bought a nearly new diesel in ‘17 in the uk when diesel residuals were on the floor. It lost 9k in 6 years after and was a great buy. I think a s/h EV might be a great buy at the moment for those for whom they suit.



  • Registered Users, Registered Users 2, Paid Member Posts: 4,010 ✭✭✭Beta Ray Bill


    They're fast in a straight line, and out of the bends.

    It should be noted however that if you drive and EV hard it empties the battery significantly faster than it would driving economically. This has influenced my driving style since I bought a Leaf.

    I can get from Raheny to Swords using about 5% of the battery if I drive economically. If I drive hard, it uses over 10%

    I get ICE cars do this too, however in an EV I see a number 1-100 for my fuel, in an ICE I just see a needle.



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    I rarely have a reason to drive fast and/or hard everywhere.

    Least economical run I do is a fast run down the motorway with the heat on on a cold day. Occasionally a spirited drive on back roads.

    But then I could just plug in when I get home.



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  • Registered Users, Registered Users 2, Paid Member Posts: 15,458 ✭✭✭✭josip


    Perhaps if EV manufacturers replaced the battery percentage with a traditional needle, it would eliminate range anxiety😀?

    Although EV range anxiety only seems to exist for non EV owners.



  • Registered Users, Registered Users 2 Posts: 6,493 ✭✭✭creedp


    In fairness we're talking about the Leaf here and those of us who own one know all the real range anxiety. If you haven't already try one.

    The Leaf is particularly inefficient at higher speeds and seems to be designed primarily to operate best under 90kph. Anything over that and consumption rockets.



  • Registered Users, Registered Users 2 Posts: 832 ✭✭✭eastie17


    As an EV owner of almost a year now, I think it takes a long time to get comfortable with long journeys to different locations. Now thats not a use case that not everyone has to consider, so it shouldn't really apply to everyone's decision making but it does. Dublin to Cork or Cork to Dublin is easy now as the infra supports it, very small bit of planning and its not an issue at all. Other locations do require more planning and it has taken me that almost 12 months to do those drives comfortably, mainly because I now trust the cars tech to tell me what I need and the esb ecars app in particular for being accurate about 1. A charger being in service and 2. if its occupied or not and of course its speed.



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    I think you need a few range indicators.

    Worst at current usage.

    Best at more economical usage.

    Etc...



  • Registered Users, Registered Users 2 Posts: 1,683 ✭✭✭Redfox25


    An accurate trip planner would be better than any guess/indicator.

    The Tesla one is pretty spot on, not sure about other cars.



  • Registered Users, Registered Users 2, Paid Member Posts: 15,458 ✭✭✭✭josip


    The Tesla one lies to me. Constantly tells me I'll get back with 2% when we both know it's going to be 1% or less :)

    Post edited by josip on


  • Registered Users, Registered Users 2 Posts: 1,683 ✭✭✭Redfox25


    If it gets you home without running out, I count that as a win. One of the lads in work has an ioniq 5 and gives out that the trip computer is way off. Not sure as I haven't driven one or used one.



  • Registered Users, Registered Users 2 Posts: 863 ✭✭✭staples7


    Ah to be fair its almost always spot on, and if you know its 2% your going to take it handy anyway..



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    Isn't there a trip planner for EVs in Google maps. Or is that US only?



  • Registered Users, Registered Users 2 Posts: 1,337 ✭✭✭Garzard


    I will say for myself while I love the effortless, quiet driving nature of EV's especially on my regular Donegal - Dublin round trip, a huge part of me does miss the ruggedness of a manual ICE such as the 2.0 diesel Mk7 Golf the OH used to have. I can only speak for the Leaf here and know a lot of it is just in my own head, but it just feels much more delicate in comparison vs that Golf, which loved a bit of hard, fast driving, and well able for the "abuse". I treat the Leaf carefully and to get the most range out of it, but I miss the type of driving engagement that the Golf had.



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  • Registered Users, Registered Users 2, Paid Member Posts: 21,997 ✭✭✭✭Cyrus


    Ah Jaysis driving engagement of a 4 pot vag diesel ? Really ??



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    Mk7 has a decent chassis. Not sure why so many only focus on poweweerrr.



  • Registered Users, Registered Users 2 Posts: 7,826 ✭✭✭maidhc


    Surely you would concede anything will be more engaging than a lardy suv/car with a boot full of batteries and an electric motor. 😆



  • Registered Users, Registered Users 2 Posts: 1,683 ✭✭✭Redfox25


    If you get a slow poke ev then sure, lots of choice so why take the slow option?



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    Guess we all must own EVs like Rimac Nevera, price being no object....



  • Registered Users, Registered Users 2 Posts: 1,683 ✭✭✭Redfox25


    If you have one, fair play.

    Plenty of nippy evs out there but you can ignore that and be "smart" instead.



  • Registered Users, Registered Users 2, Paid Member Posts: 21,997 ✭✭✭✭Cyrus




  • Posts: 2,768 ✭✭✭ [Deleted User]


    I had my Model 3 on the twisty road from Derrynane to Waterville last week and it was great fun. Well balanced, corners really flat and quick out of the bends. You do miss the aural engagement but anyone saying you can't have fun in an Ev is just plain wrong.



  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997


    I'm with Chapman on this. "..Simplify, then add lightness.."

    Not measuring the size of your battery.



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  • Registered Users, Registered Users 2 Posts: 16,621 ✭✭✭✭Flinty997




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