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[STEMO]

An article on bbc news this morning:

Second-hand car sales soar amid shortage of new models https://www.bbc.co.uk/news/business-58150025

Nothing really new in the article, except this paragraph which jumped out at me:

"Despite the surging demand, sales of used battery electric and plug-in hybrid vehicles made up just 1.3% of second-hand car sales in the second quarter of 2021".

I don't think that people are going to be very keen to buy a second hand EV until either the longevity of the battery pack is proved, or they are reconditioned/replaced after, say, 6/7/8 years. Just my view, of course.

[STEMO]

It could, of course, be a question of availability, but would you buy a used EV over five years old?

[Doctor Gollum]

That's probably a fair percentage of the used market given that last year new pure (as opposed to hybrid) ev sales had grown to 6%.

Used hybrids aren't new, the basic Pious concept is 20 years old, and the Leaf is 8/9 years old and whilst a reasonable seller is but a very small drop in the ocean of similarly aged cars.

The single sticking point with Tesla, as an example, is that there's zero support outside the dealer network for anyone else to work on them... They heavily restrict the supply of anything to diy and independent garages alike and then they will only replace modules rather than fix components so a failed cooling fitting means £10k for a new battery rather than £20 for a fitting.

Mainstream manufacturers are better in this regard, but when you're spending towards £100k on a posh milkfloat, that's alot of money for a throwaway appliance.

Once that becomes apparent, the residuals should tank.

[Doctor Gollum]

It could, of course, be a question of availability, but would you buy a used EV over five years old?

Then your looking at Tesla, Gwizz or a Leaf... And it's a 'No'  for all three, albeit for different reasons...

Tesla, see my last post, and there's plenty more interesting things for the money.

Gwizz. I wouldn't buy one for my worst enemy, even if it was their birthday.

Leaf. Only as a local car, which means something else for most of the time, and if you need to run a second car to negate the short comings, then why bother? On this point, if Albs can charge it at work, then that's at least halved his 'fuel' costs.

But ultimately noone is going to warranty £10-30k of battery on a 5+ year old EV, which makes them disposable.

A hybrid of any flavour is always going to be a better used buy because it doesn't rely on the battery for power.

[STEMO]

Which means, by extension, that EV's are not really kind to the environment at all. If there useful life is so short, imagine the waste they will generate.

[Doctor Gollum]

Which means, by extension, that EV's are not really kind to the environment at all. If there useful life is so short, imagine the waste they will generate.

I suspect most will be recycled to make more... Which is its own waste of energy given the production costs...

Of course, they won't mention that on the news... Much like they don't mention the gas consupmtion of large solar facilities 

[Field Marshal Dr. Opti]

An article on bbc news this morning:

Second-hand car sales soar amid shortage of new models https://www.bbc.co.uk/news/business-58150025

Nothing really new in the article, except this paragraph which jumped out at me:

"Despite the surging demand, sales of used battery electric and plug-in hybrid vehicles made up just 1.3% of second-hand car sales in the second quarter of 2021".

I don't think that people are going to be very keen to buy a second hand EV until either the longevity of the battery pack is proved, or they are reconditioned/replaced after, say, 6/7/8 years. Just my view, of course.

Unless the cost of a replacement battery drops significantly older 'leccy cars' may end up being cubed by 6,7 or 8 years. 

[Rangie]

Always guessed that the whole thing would be a total clusteropps the people with the " brains " who think up these ideas keep pushing forward thinking they can fool the general public, remember reading an article years ago about global warming the simple answer is nothing lasts forever & mankind will not alter it.

[STEMO]

Just as an aside to the present situation with regards to the second hand market; We paid £10,100 for wifey's astra four years ago, we thought it was very cheap at the time. She's put 30,000 miles on it and, after checking the car sites yesterday, dealers are asking nearly £9K for one today. Madness.

[STEMO]

According to auto trader, £8,200 private sale, £7,350 trade in, so the markup for the dealer is almost £1,700, or nearly 20%!

[LC0112G]

According to auto trader, £8,200 private sale, £7,350 trade in, so the markup for the dealer is almost £1,700, or nearly 20%!

They have to pay VAT and give a warrantee and pay staff. I'm surprised it's only 20% markup.

[STEMO]

According to auto trader, £8,200 private sale, £7,350 trade in, so the markup for the dealer is almost £1,700, or nearly 20%!

They have to pay VAT and give a warrantee and pay staff. I'm surprised it's only 20% markup.

Hmmm......I suppose when you look at the overheads......it makes me look like a moany old bastid 
I'm not, but you knew that already. 

[Auto Addict]

According to auto trader, £8,200 private sale, £7,350 trade in, so the markup for the dealer is almost £1,700, or nearly 20%!

They have to pay VAT and give a warrantee and pay staff. I'm surprised it's only 20% markup.

Hmmm......I suppose when you look at the overheads......it makes me look like a moany old bastid 
I'm not, but you knew that already. 

Less of the moany

[STEMO]

According to auto trader, £8,200 private sale, £7,350 trade in, so the markup for the dealer is almost £1,700, or nearly 20%!

They have to pay VAT and give a warrantee and pay staff. I'm surprised it's only 20% markup.

Hmmm......I suppose when you look at the overheads......it makes me look like a moany old bastid 
I'm not, but you knew that already. 

Less of the moany

You can talk, Methuselah 

[ronnyd]

Think most of this EV shit a just a ruse to get a lot of older cars and drivers, (not necessarily old) off the road. As with most government policies these days, it's the lower paid who bear the brunt of this because they are the ones who can't afford to buy a new car, EV or otherwise. Motoring will again be the hobby of the rich. By the way, i am not a rabid leftie.