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

positron · 21-03-2024 8:51am

There was an G reg 2017 Ionic 28kWh with just 100k Kms on donedeal last night for approx 10k in Mayo. Can't find it this morning.

witnessmenow · 21-03-2024 9:11am

https://www.boards.ie/discussion/comment/121920494#Comment_121920494

It was linked in a thread yesterday and it was marked as sold

https://www.donedeal.ie/cars-for-sale/hyundai-ioniq-electric-premium/36499069

OEP · 21-03-2024 11:48am

Does this seem like reasonable value? I know it's not a bargain but reasonable value will probably do me!

https://www.zucar.ie/vehicle/tesla-model-3-211c6695-6047

slave1 · 21-03-2024 11:55am

A lot of car there, the colour was extra and the previous owner bought a few after market items so hopefully took care of it, still under Tesla bumper to bumper warranty. Lots here will compare to a new model RWD in white...

unkel · 21-03-2024 11:59am

Not a bargain. Brand new Highland is a far better car with almost the same range at €42k. That 3 year old Model 3 is worth not much more than €25k in my book

As a general rule of thumb: cars for sale by dealers are never a bargain and shouldn't be in this thread at all.

ELM327 · 21-03-2024 12:00pm

https://www.boards.ie/discussion/comment/121921114#Comment_121921114

Thats an LR though, the LR highland is more than 42k. I agree with your suggestion but that specific car seems keenly priced.

OEP · 21-03-2024 12:08pm

https://www.boards.ie/discussion/comment/121921114#Comment_121921114

LR Highland is 51k.

Fair point about the dealers, I just find this thread the best to get opinions as I'm not very knowledgeable in this area.

unkel · 21-03-2024 12:28pm

https://www.boards.ie/discussion/comment/121921115#Comment_121921115

I know. Not a good comparison. The range of the RWD Highland is close enough to the old AWD. For most people the little bit of extra range of the latter is zero reason to fork out any more

DrPsychia · 21-03-2024 2:17pm

https://www.boards.ie/discussion/comment/121921226#Comment_121921226

What do you think is a fair price for a 22 M3LR? Cheapest I see on DD is 34k for 65k kilometres.

unkel · 21-03-2024 2:35pm

https://www.boards.ie/discussion/comment/121921724#Comment_121921724

€34k is far too high in my book, but who knows. Someone might pay close to that.

slave1 · 21-03-2024 2:47pm

https://www.boards.ie/discussion/comment/121921143#Comment_121921143

€54.5k for that colour option, that's too expensive if you ask me but nevertheless the correct comparative

slave1 · 21-03-2024 2:51pm

..and it's not just about range, the LR has AWD, faster charging, slightly higher battery kms warranty, an amazing audio upgrade and has an acceleration boost available.

Each of these would need to be weighed up, all in all I think that's a decent price garage price for all the above, but to each their own

denismc · 21-03-2024 2:54pm

denismc · 21-03-2024 2:54pm

..

unkel · 21-03-2024 3:19pm

https://www.boards.ie/discussion/comment/121921906#Comment_121921906

Decent price garage price cars have no place in this thread 😁 By double definition they are miles away from being a bargain...

ColemanY2K · 21-03-2024 3:42pm

what do people think second hand Seals will do to prices in the second hand market in 12-18 months time? the rwd seal is €42k new with 82kwh battery.......will they push second hand m3 highland prices lower (compared to what 12-24 month old m3's cost today) as they have smaller batteries?

DrPsychia · 21-03-2024 3:57pm

https://www.boards.ie/discussion/comment/121922360#Comment_121922360

Since when is the Seal RWD 42k? It's €46500 after grant. Dual motor is about €51500 after grant

unkel · 21-03-2024 4:04pm

https://www.boards.ie/discussion/comment/121922360#Comment_121922360

Very hard to predict. But let me correct you on one thing. Battery size itself doesn't matter, it is what you can do with it (so she said 😂). As an example, a 82kWh ID.4 has a similar motorway range at 120km/h GPS speed as a 60kWh Tesla Model Y. In fact, needlessly carrying around too much battery is bad as it makes the car heavier, thus less efficient, thus a higher cost per km to run. And it made the car unnecessarily expensive to buy in the first place

If you presume the Seal turns out to be as well built as the Tesla, with no major issues of any sort (even stuff that BYD has no control over like insurance premiums), and if there are issues, can they be relatively easily sorted (big assumption - poor dealer network and do they have or will they get a highly effective ranger service?), then the depreciation should be similar to the Tesla. Except Tesla would at this stage be the more desirable brand for most people, which slows depreciation. If you are very keen on total cost of ownership, I would hold off for a year or two before jumping in and buying a Seal.

Edit: I took the poster's word for it that Seal and Model 3 are the same price on the road. @DrPsychia has corrected that assumption. And the more you pay for a similar car, the higher the depreciation of the higher price one will be in absolute terms, there's no way around that...

Price does not include delivery and related charges, which are likely at least €1k, so €45k on the road. I have asked BYD to confirm

ColemanY2K · 21-03-2024 4:08pm

https://www.boards.ie/discussion/comment/121922472#Comment_121922472

ok wow a whopping 4.5k more then.

the smaller battery comfort model is expected to cost €40k when its released. this will compete with M3 RWD which is more expensive. this will surely impact second hand values in time.

unkel · 21-03-2024 4:22pm

@ColemanY2K - "ok wow a whopping 4.5k more then"

Better in my pocket than handed over to BYD. Maybe pocket change to you, but certainly not to me.

And on that note, I wonder what BYD are playing at. As a newcomer, you can't just come into a market and start demanding the same price as your competition. Not without having a significant other factor that is better. The Japs did it in the 70s and 80s with cars that were the same price, but significantly higher spec and better built. The Koreans did it in the 00s and 10s with cars that were not quite as good, but cheaper, better specced and significantly better warranty. The Chinese in the 20s and 30s will only win on price as far as I can predict into the future (next 5 years or so)

DrPsychia · 21-03-2024 4:58pm

https://www.boards.ie/discussion/comment/121922532#Comment_121922532

If there is such competition then I believe Tesla will respond accordingly if BYD are gaining market share. Second hand M3s are in a weird price state at the moment. Some earlier adopters will hold on to theirs a lot longer because of the significant price cuts, those who are selling privately are seeking more than the normal depreciation curve due to pre 2023 high prices, and the fact that EVs are a lot more reliable and gives one good piece of mind considering the long battery/drive motor warranty that comes with a Tesla.

https://www.boards.ie/discussion/comment/121922597#Comment_121922597

I don't have a major issues with BYD, I dislike the very 'Chinese' (as Bjorn would put it) software, for example the comically loud pedestrian warning sound and the fact there's no One Pedal Driving really turns me off.

BYD is playing at the fact that it's not Tesla and they're providing more consumer choice regarding affordability. I believe many people are not interested in Tesla's due to the lack of tactile buttons, no parking sensors, no rain sensor, relatively small 'dealer' footprint compared to BYD who will continue to expand throughout Ireland, then you have the notoriously poor trade-in values. Companies don't want to be seen to buy fleets of Tesla's, maybe partly due to Elon's persona, Tesla's volatile pricing, and probably not great fleet pricing.

You can see from the BYD thread that they are very popular and are seen as good value for money. I'm seeing an increasing amount of them on the roads in Dublin so it appears they don't need to get aggressive with pricing.

If BYD refine and improve their software then I will definitely buy one in the future.

listermint · 21-03-2024 6:57pm

https://www.boards.ie/discussion/comment/121922597#Comment_121922597

Playing at... they seem to be playing fairly fine as people are paying it. They haven't had to get 'aggressive' in any market the world over so far. I'd say prices are keen but not cheap nor expensive either.

A like for like Audi Saloon or even VW passat similar to a Seal I'd say would be 15k more.

On that basis you get alot of vehicle for the money.

Brasso · 21-03-2024 7:14pm

172 28 kWh Ioniq with 210,000 km on the clock, NCT until 11/07/2025. Asking €8,500. Front bumper looks a bit scuffed.

https://www.donedeal.ie/cars-for-sale/hyundai-ioniq-2017/36570585

unkel · 21-03-2024 8:16pm

https://www.boards.ie/discussion/comment/121923202#Comment_121923202

You see but the people aren't paying it. Outside of China, BYD sales of the Seal aren't impressive at all.

unkel · 21-03-2024 8:17pm

https://www.boards.ie/discussion/comment/121923255#Comment_121923255

Fook me, that's a steal. Still a bit of general warranty left as I think that doesn't have any mileage limit? Battery warranty is gone.

allinthehead · 21-03-2024 8:29pm

https://www.boards.ie/discussion/comment/121922532#Comment_121922532

The Jury is still out on BYD imo. Long term reliability would be a concern for me, reports of premature rusting, radios that don't actually work and the latest, an Awd that was shown to not actually be Awd. If they can't be arsed to test something as fundamental as the Awd system in an Awd car, what else have they not bothered to test? Apparently an update will fix this but doesn't inspire confidence.

I've been driving a 6 month old Atto for a while now, it's wearing very poorly, looks and feels like a 3/4 year old car. Steering has something wrong with it too, clicks when you turn it. The driver assistant is the most annoying thing about it though, especially on back roads. Speed sign recognition doesn't work either.

Hopefully all this stuff is just teething and they can polish them up a bit.

User1998 · 21-03-2024 8:33pm

BYD thread is that way folks ➡️

allinthehead · 21-03-2024 8:38pm

https://www.boards.ie/discussion/comment/121923538#Comment_121923538

To be fair, the Byd diversion was related to future Market values. Future Ev bargains we won't be buying if you will.😁

listermint · 21-03-2024 8:41pm

https://www.boards.ie/discussion/comment/121923478#Comment_121923478

Nah, effort.

Thanks though.

I'm off to buy a bargain 5 grand fluence...

5 grand fluences belong on the thread but good dealer priced cars don't.

Hurrahh..

listermint · 21-03-2024 8:43pm

https://www.boards.ie/discussion/comment/121923520#Comment_121923520

Any pictures of this ? Wear and tear? My uncle had the atto since launch its a taxi. Looks the same as when he bought it start of 2023. I was in it last week.

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

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