Nah I'm not selling, just kidding around
Used prices definitely seem to be all over the place, there's always a mix of people looking for a quick sale and dealerships chancing there arms by putting a few grand on top of the sticker prices
But the range of prices does seem a bit crazy
No thanks but best of luck if you’re selling. Used EV trade values are just all over the place at the moment. Market just doesn’t seem to be there for them despite continued high running costs for anyone buying petrol/diesel at €1.70 per litre.
Just to clarify the big drop mostly comes from a complete drop in ID.4 sales YoY. All pre-facelift models would have had to have been registered in January since deliveries of them stopped back in December.
So there's no stock left to register and the new model isn't due until April. Couple that with the crippling motor shortages affecting the new ID.4, ID.5, ID.7, Enyaq, and Q4 and H1 2024 will probably seriously underperform.
Are you offering? Because it is low mileage and generally in good condition 😉
The point I was trying to make is that the trade in value of the 2021 cars isn't too bad
However people who bought in the last two years aren't likely to see good value on their trade in
Also while the price cuts are welcome, they're still not that great when you compare them to the 2021 prices
Have you seen Honda prices? The Civic costs €49,000. You can buy a Tesla for considerably less.
There's a Honda dealer near me who seems to be doing no business and with those prices I don't see that changing.
I doubt if you’ll get any more than €32K for your 2021 ID.4 unless it’s tiny mileage and absolutely mint.
I meant equivalent to my 1st Max with no heat pump, so Pro Plus with the exterior style pack plus, assist pack plus and comfort pack plus comes to €47,895 I think
Also I forgot to add the DCC but it never seemed to make any difference to me so I wouldn't be buying it again, but that would add another €1k or so
If I was changing I'd be tempted to get the heat pump since it looks like it might enable some thermal scavenging from the battery (based on the ID.7 reviews)
I think it’s fair to say at this stage that if you wanted a new EV in Jan or Feb, you could’ve got one, suggesting as we’ve said before that the mass market buyer isn’t following the early adopters - indeed a portion of the 2024 sales will be existing EV owners trading up
Just the Max trim versus the current pro plus offering. Don't you have to add the heatpump to the Proplus to bring it to similar spec? and also doesn't have Glass roof?
Fair point, a lot of us want diesels for good reason, yet are faced with less and less decent options to choose from, I bought a new diesel in Feb that is soon to be discontinued. Hopefully the manufacturers take note
I’d be surprised if you got anything close to that money when it actually comes to doing a deal, to be quite honest.
there are lots and lots of 2023 ID4’s for €35-38k from dealers online, with the remaining VW warranty.
no idea on spec’s, but options have almost zero value in the 2nd hand market bar making the sale a bit quicker
Honda, Jaguar, Alfa and Subaru haven’t even sold a combined 100 cars in 2024.
they're all officially dead in Ireland.
For some context, my ID.4 1st Max cost approximately €57k new in 2021
The Max trim which was basically the same (included the heat pump) was €68k the next two year as I recall
The refreshed ID.4 with the same spec as mine costs around €47k now
My car seems to be worth €35-37k selling privately at the moment
So as little as €10k to upgrade, not the worst deal more a much better software version and another 60hp or so
I agree the 1st editions were excellent value, from then on VW we're seeing more demand than supply so they just charged whatever they wanted
Now they're facing significant competition and can't count on brand loyalty to keep people coming back (there's a lot of Golf owners will only buy a Golf, not sure the same is true for ID owners)
Overall, this is good for the buyer of 2024, but probably bad news for the buyers of 2022-23
Worth keeping in mind the refreshed ID.4 doesn't start deliveries until April I think
I don't see anyone buying the current 77kWh unless they're stuck or they get an awesome deal
I'm not expecting VW EV sales will go through the roof, but I wouldn't be surprised if they got back to where they were in 2023
Yeah I suspect there's an element of this, a lot of folks are reluctant to change and may be viewing this as the last diesel before they're "forced" to go hybrid or electric
Also to be clear, I don't think anyone is being forced to change, new ICE sales ban isn't until 2035 and there'll still be used cars available probably up to 2050
Forget the EV thing for a moment.
But there's diesel drivers whod consider it a total DISASTER if they had to drive a petrol or any form of hybrid.
I wonder if some diesel drivers think that they need to get into a new diesel before you can't get one anymore.
It's not just "ice car ban" - manufacturers have been hinting at and reducing their diesel.
No diesel in the new 5 series and obviously Corollas are now hybrid only.
VW dealer in Kerry said they were selling diesel Golf's all over the country to folk with diesel Focus, Corolla's, Honda's and wanted to buy diesel again. Think Honda in particular are facing extinction in Ireland without a diesel option
Interestingly, Golf sales are up 5x versus 2023 and are VW’s biggest selling vehicle by far.
EVs account for 14% of VW sales this year versus 24% last year
Yeah no doubt, but 15 units won’t make any difference - that dealer is probably selling 50 Golfs in the same period
BYD price certainty?? Not a hope they can compete in sizeable manner in this market without big cuts. Hyundai, Kia, Polestar, Mercedes, BMW, Audi, Skoda will all have to cut prices to see any hope of decent sales
Those early ones where cheaper, I believe, so he had a fairly normal experience, in and out.
Tesla, VW,BYD and others have all price certainty. Who do you think doesn’t ?
My father was offered 26k. He paid around 44k so 40% depreciation over three years. Not to bad and he's happy with his offer.
PCP’s are geared towards moving to another new car at the end of the 3 years - given the flux in the 2nd hand market around range, warranty and everything else, I’d fully expect owners of ID4’s to simply move into another one and kick that can down the road once again.
there will be absolutely no one paying off the balloon on an ID4 that they overpaid for
Not surprised, that's what happens when you try to price yourself out of a market and then let the competition from China take over
New ID.4 looks like a better deal than last couple of years, but unless you like VW there's not many reasons to spend more on one than the competition
The dealers are just waiting on boardroom decisions I suppose.
Kia and Hyundai were the 2 I was thinking of alright. They have great EVs in the Ioniq 5 and the ev6 but too pricey just at the minute.
BMW will be back in the running when they get some new models out and price differently.
Audi are a funny one, for all their talk about becoming an electric only brand they haven't really kicked off. Q4 never sold in big numbers, the price gap to an id4 is now huge. That should be their volume seller. Q8 and GT are range topping models that won't ever sell in big numbers.
My father has one ordered and his dealer has said that he's about 15 other orders from initial ID4 buyers upgrading as well. Maybe it's bullshit but he's been honest in all the years they've been dealing together.
Definitely an element of that, Hyundai, Kia, and BMW still seem to be running on '23 prices and haven't moved with the market. VW have been very coy with price cuts. Not surprising to see the main cars still selling well are those where the Model 3 and Y don't compete.
People come off PCP whenever they want to change out of their cars, many launch ID4 owners have already traded while many others will be planning to keep their cars long term,so I wound t expect a massive surge in ID4 orders based on that reason next month
