EV PRICE CRASH…HERE’S THE UNCOMFORTABLE TRUTH

[@MartinOrvis]

Something to consider, a car that has depreciated massively, isn't a bargain ... it will still continue to depreciate massively once you've bought it....

[@ianmowbray3284]

It’s the interest rate that is killing 50k plus car sales plus the fact that nobody wants second hand EVs

[@tonyb3629]

Nobody wants a second hand EV, especially out of warranty. It's a paper-weight waiting to happen if that battery fails, as the costs of replacing that one component puts most people off.

[@richardweyland116]

No one wants first hand EV's either. Plenty of new EV's sitting on dealer lots.

[@Soulboy63]

A 1 or 2 year old EV is looking good value ...battery has 8 - 10 year warranty

[@bobstirling6885]

Total scam, if they need to give incentives the vehicles can't stand up on their own. Now there's a call for reducing VAT on EVs to stimulate the private market as the average driver won't look at them and the dealers are drowning in stock, hence the 50% depreciation by 2yo. If you introduce a new concept it needs to stand on its own and not require government incentives to survive, long charge times and short range isn't going to stand up against 5 mins and 500 miles.

[@mgcarmkm4520]

Those 'subsidies' are taxpayers money. EVs are a backwards step in the story of transportation.

[@SWR112]

@@mgcarmkm4520Backwards from paying stupid prices at the pump buying petrol etc that is heavily subsidised. Australia is the last bastion of anti EV and I mean with a passion and now EV sales are 2x year on year because they are waking up to Solar on the roof charging the Cars. Go to Sydney and it’s like spot the odd one out with regards to private households not having solar. It’s like saying mobile phones are a backward step as people said why would you need a mobile clunky big phone that’s expensive when nearly every building has a phone and call boxes all over the place. 😂

[@mgcarmkm4520]

@@SWR112 If EVs are so popular why are Ford and Volkswagen both shutting down production. Why are they so heavily incentivised if they are so popular. Why are they clogging up dealers forecourts.Comparing a phone in a phone box to a mobile phone is a good comparison. The stupid EVs are tied to their chargers while the ICE, preferably diesel, gives people total freedom.

[@Outthereisthetruth]

Totally agree with you, it’s all a scam. EV’s are not green, in the Congo they use children to mine the Lithium, so all EV buyers are promoting child labour. Then there’s the catching fire or worse exploding EV’s all over the world. Just look at Luton air port car park fire that was a hybrid Range Rover. Also lithium batteries can burn up to 5000 degrees. How long before people die from an electric car burn.

[@Brian-om2hh]

The oil industry couldn't stand up on it's own either, as it has sucked £billions away in taxpayer funded subsidies over the decades....

[@welshy0867]

Picking up a 2nd hand EV for half RRP might sound good but what about running costs? Insurance and repairs are sky high compared to ICE, add costs of tires too as they wear down faster. The whole thing is flawed.

[@thedoctorsgarage]

Thanks for the comment - Didn’t know insurance was higher for them

[@markjackson8035]

It's not. And tyres don't wear any faster than they do on an ICE car with similar power.

[@silverdale3207]

@@markjackson8035 It is , and tyres do wear a lot faster because of the extra weight of batteries, that's part of the reason Hertz are ditching them, they were shocked at the tyre wear.

[@markjackson8035]

@@silverdale3207 It's not. Not when actually comparing like-for-like. Most of the scare-mongering headlines compare the insurance cost of an ICE car with a list price 30% lower than the "equivalent" EV used in the comparison. Try it for yourself. Get a quote for a new EV and another for a similar priced and powered ICE. There's nothing in it. I've done it several times. The finance site NimbleFins state; "However, we've just looked again at the figures for a Kia Nero (PHEV vs. fully electric) and a Mini Cooper (petrol vs. fully electric) and it seems that prices have equalised, with prices barely different by 1%. Maybe, there's no longer a disadvantage when buying car insurance for an electric car!" Granted, it does highlight the fact that EVs are still too expensive to buy new. It's a different story second-hand though. And Kwik-Fit disagree on tyre wear; "In fact, according to recent studies, conventional tyres actually wear down 30% quicker than their electric vehicle counterparts." I'd imagine the way Hertz rental EVs are driven has more to do with tyre wear than anything else. I did 28,000 miles in 3 years on the original Michelin tyres on my i-Pace and the Bridgestones (which only have 6mm tread when new) on my ID.3 look like they'll last 20,000. Not excessive wear compared to any of the other 20 cars I've owned long term. Don't get me wrong, I'm no EV activist, and would much rather drive an Aston Martin V8 Vantage than an electric VW (available for similar money), if it were solely my decision. I just tire (no pun intended) of 'Tubers and the press ranting on about the "crippling costs" of EV ownership. For me, and a lot of others, they are a cheaper and less polluting overall alternative to fossil fuels. Your mileage may vary...

[@Soulboy63]

I've been comparing Merc Eqc v Merc GLC , insurance similar , service plan half price of diesel , extended warranty same cost .. I don't do .any miles , so used looking tasty

[@newbeginnings8566]

Even at these prices people are not going for them... It must be discussed why that is? What is the future for these vehicles? How are we going to move forward? It seems to me that only a sub £20 000 EV for short commutes is the only way forward for EVs and then only if the owner has off road parking and a home charging facility... People can't be forced any more and those 2030-2035 bans must be overruled.. Market forces and practicality should determine how and what vehicle we drive.

[@thedoctorsgarage]

I think it will be a long time Until tit is properly enforced- as you mention the infrastructure needs to be better and battery life longer/faster charging

[@tonyb3629]

There's an argument that a cheap EV makes a good city runaround car, but the words 'cheap and EV' tend to not often go together very well, and a city EV will still only be cheaper to run IF you can charge from home, and have a good off peak tarrif. Other than that, they make little sense to most people.

[@philharrison7886]

Yet the best selling car in the world was a ev

[@tonyb3629]

@@philharrison7886 vast majority of EV's are sold to fleets and companies due to tax benefits. Tesla no different - 80% of the ones you see are company cars.

[@sudesignnl]

So can we buy a taycan for 20-30k next year?

[@bobroberts6155]

These vehicles are not a bargain simply because they are half of a ludicrously high original list price. This is the classic FOMO psychology that retailers have relied on for years to con us into believing we made a smart buy. If you can’t charge the thing it matters not what you paid for it and whatever you did pay for it is money lost forever as a 3 owner car will never sell. ICE cars, even though increasingly computerised, are essentially fixable but a battery replacement in an electric car is not economically viable. EVs are more like domestic appliances, decide what you want to spend, use it until it breaks then replace with no expectation of a future value.

[@mplewp]

Ev battery cost is really really killing the market . There is no 2nd hand market for cars with 40.000$ grenades in them

[@thedoctorsgarage]

👌🏻

[@anthonybarnes5555]

And scrap yards will not want them. As don't want to have to deal with the battery

[@robd1339]

When buying secondhand the length of the manufacturer's warranty and brand reliability becomes important which is why I favour Kia. My e Niro has been excellent and fault free over the last 2.5 years.

[@leegould5306]

Insurance prices for EVs are through the roof so they are certainly not cheap to run now…

[@markjackson8035]

Apart from the fact they can be fuelled for 2p per mile, the equivalent of around 350mpg.

[@ComeJesusChrist]

@@markjackson80352p per mile?! You are using wrong figures. The cheapest EV domestic rate is more than the older 8-9p figures and even before, they only covered certain hours, making charging quite an inconvenience. Motorway rates are around 80p per kWh and public charging rates are not much cheaper, either. The average UK domestic rate for electricity is now over 28p per kWh. There are very few vehicles that in the absolute most optimal conditions, return 4 miles per kWh. Most EVs are around 1-2 miles per kWh and in winter or summer, this can be even worse. 1miles per kWh at the motorway rate makes your summer trip to Cornwall not just very long and frustrating, but an awful lot more expensive than any other car cruising.

[@markjackson8035]

@@ComeJesusChrist Wow! You really wanted to make a point - it's been 2 months since I posted that message. Sadly, almost all of your 'information' is incorrect. I'm on Octopus' Intelligent Go tariff - which is 7.5p per kWh, including VAT, from 11.30pm to 5.30am and sometimes longer (it is energy demand driven). My car has averaged 3.8 miles per kWh over the last 12000 miles - the simple maths here mean it's cost 1.97p per mile. You're partially correct in saying EVs can cost more to run in the winter (although they are actually cheaper in the summer). The efficiency on mine drops to around 3.2 miles per kWh when it's really cold - this costs me 2.3p per mile, which I can cope with. Conversely, in the warmer weather I get 4.2 miles per kWh - 1.8p per mile.

[@markjackson8035]

@@ComeJesusChrist And you are woefully misguided (or, more likely just making stuff up) with regard to the efficiency of 'most EVs'. The least efficient EV in the UK is currently the £120,000 Lotus Eletre. It's arguable that anyone buying these is not concerned with efficiency but for the record it averages around 2.6 miles per kWh. The most efficient is the Tesla Model 3, which does 4.5 miles on the same amount of electrons. The average EV does 3.5. Costing 2.1p per mile with Octopus.

[@ComeJesusChrist]

@@markjackson8035 Your ‘facts’ are still wrong. Are you denying that rates at motorway stations are at around 80p per kWh? Are you denying that the average rate for electricity is now over 28p per kWh? This is from a House of Commons research paper on the subject published on 1 March 2024. The cheapest EV tariff you referred to (but many locations and vehicles will not qualify for) costs 30.52p per kWh between 5:30am and 11:30pm. So your 6 hour nightly EV charging window comes at the cost of your other electricity supply being more expensive. Besides, when you charge your vehicle with its limited capacity during the day, you pay the higher rate, unless I presume you have a very costly battery that essentially turns the deal into an economy-seven charging situation. This would require you to pay for the expensive batteries, installation, servicing, upgrades and disposal of it on top of the particular EV needed. In summary, if you, your address and vehicle all qualify and you spent tens of thousands of pounds into the right vehicle and infrastructure, you may benefit from the nightly rate of 7.5p per kWh at the expense of your higher electricity pricing 18 hours a day. There is also a daily standing charge of over 50p per day. So it’s not really 7.5p, you just subsidise it during the day and by paying other extra and inflated charges. Without an EV, no person in their right mind would choose that package and want to pay those rates. 32p is four times more expensive than what you used in your calculations, but that’s your daily rate, is it not?! As soon as you leave your range and as my comment suggested, you need to rely on charging outside of your home, you are hit with the higher charges. The usual 80p per kWh at a motorway charging station is suddenly ten times more expensive than what you are using in your calculations. That’s quite a difference. The Tesla Electre, a vehicle in the £100k range made by a Chinese manufacturer (losing around £30k in the first eight months ownership it seems), is a new vehicle and actually, the winter consumption of these recent vehicles is at 2miles per kWh, according to Fleetnews. You only used new vehicles and official figures, while many electric vehicles are now a few years old with poorer economy. Most EVs on the UK roads are not brand new Tesla 3 models driven in conditions, in fact the same source from Fleetnews suggests that even the real energy consumption of the Tesla X would be around two miles per kWh in the winter and three miles in mild weather and mixed traffic. They also claim that the Tesla 3 consumption is below three miles in cold ‘highway’ driving. So again, your figures don’t add up with the vehicle you claimed to have used in your calculation. Using an EV, like a few years old Tesla, Leaf or any similar vehicle would consume more like the 2-3 miles per kWh, if not worse, due to general degradation of the mechanical parts. Use them on a trip away from home and your misrepresented and delusional ‘fact’ of 2p per mile becomes 30-40p per mile. Meanwhile, while you are in Cornwall, Octopus charges you the standing rate of 52p per day and your fridge at 32p per kWh. Ouch! All the best with your e-waste!

[@malph9216]

Unfortunately, the £40k you spend on your 'cheap' 2nd hand E Tron is money down the drain. In a couple of years time when you want to go back to ICE the, then 3rd hand E Tron, will be practically worthless. People aren't buying 2nd hand EVs, they certainly won't want a 3rd hand one. A good place for your money would be to buy a big field somewhere and you can charge dealers to store their unsaleable EVs.

[@WizzardPrang]

It would be interesting to find out whether those who traded in their EVs went back to ICE?

[@phillipchandler8862]

Interesting video. I agree wiith all your comments. I think lessons have been learnt and reality has struck home especially with the charging infrastructure and charge waiting/charging times. Small electric cars make great runarounds and good for clean air in congested areas especially if you can charge at home. I notice that charge points don't display their KWhrs prices the same as petrol stations do per litre. This needs to be legislated for sure. I know people will say its all on the app but thats not the point, transparency is. In the 80s we were all persuaded to buy diesel now they are demonised. Diesel pollutants were well known then, what next? Will there be a rebellion against the mining and use of rare earth metals? Hydrogen next I reckon.

[@shaungilmartin1505]

a quick look at the prices being charged at instavolt on vids and range achieved on a Taycan works out around the 20mpg mark.......hardly economic

[@stuartburns8657]

The guy doing the vid though is going out his way to find the most expensive chargers to make them look even worse

[@bordersw1239]

It’s a high performance car and he’s using the most expensive chargers he can find, weirdly driving past cheaper ones - it’s just click bait. PS - I drive a diesel and a petrol.

[@thedoctorsgarage]

Haven’t seen this video to be fair - what’s the link ?

[@markjackson8035]

Mine charged at home works out around the 350mpg mark, hardly uneconomic...

[@bordersw1239]

Wouldn’t have a problem with owning a preowned Ev as a second car in my household but - and there’s a big but. Replacement parts need to be easily purchased and not at crazy prices, also we need a much larger selection of garages that can do the work.

[@stevemcgowen]

I have a eGolf. It's a MK 7 Golf but electric. No shortage of parts here in Central Europe...

[@thedoctorsgarage]

Agree - the parts/servicing is still Limited as part of the infrastructure lag we have

[@davefish8107]

The garage I have used for years have said that they don’t do EV and when petrol and diesel cars stop coming in they will shut down

[@bordersw1239]

@@davefish8107 . Suspect it’s the same for my local.

[@matthewgodwin3050]

@@davefish8107 I think that might be down to insurance not covering them for liability if anything goes wrong. A petrol or diesel car fire can be put out with an extinguisher in seconds before it really gets going, whereas a EV fire can not. If an EV catches fire for any reason, the whole business goes up in smoke, literally.

[@Bufford2024]

An ev is an appliance. The drop in value ... like over heated toasters.

[@thedoctorsgarage]

Interesting comparison and I get where you’re coming from as in it has a much more limited lifespan

[@ComeJesusChrist]

Toasters last longer.

[@Bufford2024]

@@ComeJesusChrist Brilliant ... and accurate.

[@jonny5777]

I agree there has been a market correction since the insanity of Covid pricing coupled with the worry about battery replacement and real world practicalities of owning an EV. I think they are great if you are retired or work from home but anyone who does a lot of miles like myself wouldn’t even consider an EV at any price. Also i question the environmental credibility of them the poor people who mine the materials for the batteries certainly would! Then there’s the question about what happens to all these batteries that need replacing. Then there’s the question of how the electricity is generated to power them. Basically more negatives than positives for me.

[@khaterine-v5q]

This entire green agenda is about depopulation, no driving is just one of the things they are taking from us before they euthanize us during the next.....plandem...

[@markreed6928]

I've have been driving an electric car for some years now, both in USA and here in UK. Home charging on a standard 13Amp socket gives 50% battery over 10 hours night charging, my car has a 270 range when full. This will charge at about 2kw. Equivalent to 115 MPG with petrol at £1.44 per litre, slow but very economical. I mostly use public chargers. Fast charge 50kw, equivalent 45MPG. 22kw charger around 65MPG equivalent. As of writing there are 52,000 charge points in the uk across 30,000 locations and expanding every day. Around 8,000 petrol stations. Chargers located in public car parks usually include parking for 3 hours. Some supermarkets such as Tesco and ASDA offer free charging while shopping. In summary there are more pros than cons. I personally will not return to peteil or diesel, but that my personal choice. Unfortunately for the motor trade technicians you will need to retrain, my car does not require anual servicing, the only recomend check is the brakes every 2 years as they are rarely used with single pedal driving.

[@thedoctorsgarage]

Thank you for your comments. This is all really interesting stuff and it’s great to hear some positives for the EV’s. Thanks for the figures too, I’m sure lots of people will find this really useful 👍🏻

[@bobstirling6885]

Comparing charge points with petrol stations is rather disingenuous.....firstly even the most basic petrol station will have 8 pumps so 64,000 fuel points by your estimation. Then of course there's the difference between filling at a fuel pump at 5 mins against an average charge time of 30 mins - so another factor of 6 to take into account, making pump availability nearer 400,000 in direct comparison. Then there's the issue of waiting if there is no free charger when you arrive, a wait at a petrol pump may be 5 mins at busy times against a potential 30 mins plus for a charger before you start. The highest density of charge points tends to be in urban areas, so the sparsity for long distance travel is exaggerated and is generally very high price per KWh.

[@chrisbeard1750]

What you are not telling us with these 3 cars is the cost of servicing, tyres and other parts if and when you might them. This is particularly true of the Porsche.

[@gregbernini3244]

Why are KZbinrs still so surprised a car is a depreciating asset 50 or 60% depreciation over three years is perfectly normal for an expensive car there is nothing unusual in that, I think people have run out of things to say!

[@thedoctorsgarage]

Thanks for watching anyway!

[@heinrichschmitz8964]

Wish we had the same amount of price crash, but I guess it always begins in the low salary countries. I just sold my Mercedes Benz E400D 4Matic T 2019 with 120.000km for 59.000 Euros, which is still 50% of its original new price.... Not sure about UK, but I used to buy 18 Months old cars with 50% discount 10 years ago...

[@rivergladesgardenrailroad8834]

exactly, what has changed, not a lot. Legacy Auto EV's were overpriced, but it was a sellers market, now its swinging towards a buyers market slightly. Here down under the KONA EV series 3 pricing is STILL on hold, and the longer it is before announcement the LESS it will be....

[@edc1569]

Ahh I remember our EU days when we were a medium salary nation , good times they were :)

[@topfuelteddy]

Only affects rich people and company cars drivers .

[@richmaniow]

The other factor as well is that cars are basically not getting any better, in other words if you bought a 64 plate (now 10 years old) it's pretty much as good as a brand new vehicle and could easily last for another 10-15 years if looked after. If you're old enough to remember what cars were like in the 70's, 80's etc back then a decade was a chasm in terms of improvements, design and reliability. Now i can't tell the difference between new and older vehicles.. they all look the same..

[@stephenmurchie]

I don’t agree on the lease returns as these vehicles are on majority being sold by dealers. Porsche GB had a high volume of inventory in Dec 22 and were doing deals to get rid of them. It didn’t help either that Tesla reduced prices of the Model Y by 12% in Dec 22. Bringing a Model Y Performance down by £9000! This had a drastic effect on RVs and likewise Ford, Jaguar, Nissan and Kia started pulling prices. Ave CAP clean Model Y (22) - Dec 23 - 41% drop

[@120woodcraft]

Your Defender you just gave away is far more environmentally friendly than any electric vehicle over its life. That’ll be going another 20 years where one of those fancy Porsche supercars will be in the scrappers in 10 years….. Plus there’s a load of hidden stuff about child labour mining cobalt with their hands, tons of material shipped by diesel taker to China, diesel tankers shipping batteries to America, tankers shipping cars to Europe….. those batteries last 5 years and replacement will cost more than the car’s worth……then you get to wait 2 hours in Costa on a motorway service station when you go on holiday…… that’s if the government haven’t geofenced your electric car in your 15 minute city. 😂

[@edc1569]

Oil extraction has never done any harm to anyone has it? Never caused any conflict? Never got anyone killed? There’s Nissan leafs pottering around on 15 year old batteries and that was a terribly engineered EV. I have a lithium battery on my home, I pay on average 4p/kwh. In 10 years it’ll get ground up and recycled just like your flooded lead battery is on your car.

[@edc1569]

Also the 15 minute thing cracks me up. I could run an EV off of my own power, I could modify it and put in my own controllers if I was tin hat, I don’t have to touch any infrastructure that isn’t mine. Yet you’ve got to go pump that petrol and line the pockets of the oil companies and the government .

[@120woodcraft]

Cheers for your thoughts Elon.

[@ComeJesusChrist]

@@edc1569 Your claim of how much you pay for your electricity seems to be rather deceitful. Can you elaborate on it, please?

[@markjackson8035]

@@ComeJesusChrist I see you must have as little of constructive worth to do as I have, Ahx, trawling 2 month old KZbin comments. I think we both need to look into getting a hobby...

[@chrissmith2114]

Hertz just dumped 20,000 Tesla onto secondhand market - they are dropping EV because low demand and high maintenance and repair costs.... They are buying more ICE vehicles to replace the EV -tells you all you need to know about EV.

[@colinallan1962]

As a buyer for a used car I would not consider buying one that is say 3 years old and out of warranty. Apart from the usual worries I am concerned about battery degradation, the rising cost of electricty, high insurance and the possibility of having to replace the battery at enormous expense. Petrol seems to be to be preferable.

[@alanhowemusic2457]

Very few people who understand the traction battery life left in a second hand EV are steering well clear of EV’s even if the second hand price is low. The price of a second hand EV electric vehicle is low for one reason only and one reason only it’s the cost of purchasing a new traction battery pack which is at least £5,000.

[@martynm.449]

If I was a buyer (which I'm definitely not), seeing prices nose dive, and offers aplenty, would only put me off further.

[@funkyduckproductions.8844]

EVs are only better for the environment at point of use. The pollutants these cars produce in there manufacturer is well known. Not to mention the slave labour in third world countries mining cobalt etc. Then the vehicles themselves do seem to catch fire an awful lot. When they do they can't be put out by conventional means and can self combust again many weeks after the initial fire. Then finally. There is the insurance costs. They would make Jaguar Land Rover owners wince!

[@doriangray6985]

Strange how you never hear that explained by governments

[@MummaBear]

They have to work around 20/30 years to be carbon neutral 😮

[@mikem2652]

Very interesting. I’ve looked at electric about 18 months ago and I was actually considering a Mazda mx30 as my commute is 52 round trip. I can charge at work and home so it’s range didn’t concern me. The spec and build quality are excellent however I was looking at £30k then electric prices went through the roof as we know. Having watched your video I’m astonished that they’re now selling for about £18-20k so I may buy a used model and get 5 yrs out of it. Thanks again 👍

[@khaterine-v5q]

Was just -48 in Alberta Canada last week. These will NEVER work in the extreme cold, I am so thankful for my Honda Civic and Honda HRV ( 2024 gorgeous ). It i madness that they are pushing those of us in these temperatures to also go to electric. Our power grid almost went down as it is, without all of us charging our cars. This entire EV push is criminal and borders on evil.

[@mikem2652]

@@khaterine-v5q I couldn’t agree more with you. Look at a bigger picture how on earth would emergency services cope with those temperatures for their vehicles. I actually believe we will fill up with liquid hydrogen which will be the fuel to power the electric motors. I’ve read that currently to produce hydrogen it is expensive and the process is not particularly environmentally friendly….. I may be wrong. Meanwhile stay warm cos that’s cold -48!

[@marineboy1964]

If its halved in value in a year , How is it good value? Where do you think it's going to be in another year Your just throwing money down the drain

[@georgedoolittle9015]

The problem is so much of the Industry simply produces pure BEV without thinking holistically of how to actually make these vehicles "work" as part of a driving experience (which Tesla has been doing since Day One I might add.) this leaves an enormous amount of ability to innovate as "4 wheels and a steering wheel" simply gets everything wrong...for example Nio Motors with battery swap continues to crash...how long before battery swapping becomes A Thing therefore as suddenly becoming very economic. Or how about a solar powered car that only needs a wall outlet to charge? As diesel fuel prices continue to surge and parking space at a premium suddenly small is beautiful again. Or how about hybrid drive systems entering full run rate production? Suddenly you have 60 miles of pure bev range that carries along an internal combustion engine no problem. Fuel up once a Month or even less and in some cases no plug is needed. How about running a diesel locomotive with a turbine engine powered by natural gas instead? Already doing this with ships now. Or how about "your bev is such a piece of junk no one wants it at any price?" Think Ford F150 apparently. That's a really expensive worthless truck! To "make good" on that means lowering the entry price possibly *BIG TIME* all the while still having to make the thing actually work. Oh and how about a massive downturn in an economy? Suddenly no one is buying these vehicles unless and until they really are *DIRT CHEAP.*

[@Deuxiit]

Well when it's freezing -20c or -30c the home socket isn't even viable option. All the watts go to heat battery so it can actually take charge to battery. Neighbors can't get even estimate for home socket at low temps since all most no charge is going to battery. Here you need 11kw charger to able to live with home charcing in winter. Then you can actually charge if the car is whole night in charger. Evs are fine at summer but in winter the amber warning light in dash are daily issue and you hope it's not something that stops your commute in middle of freezing weather. Ofc this is issue with any car that has 12v battery but evs have so much electronics and people use heaters that aren't powered by HV battery they get shocked it's the single 12v that powers all the stuff in interior and it can die easily in cold.

[@karmanline2005]

The UK gov never said all cars had to be electric by 2030. Originally it was that from 2030 to 2035 new registrations of petrol/diesels must be hybrid with a "significant zero emission range," which was never defined. Instead they ditched these rules for ICE cars. Crucially, the ZEV mandate has been implemented, so in 2024 ZEVs must be 22% of registrations, rising to 80% by 2030.

[@mikadavies660]

Decent insight. Charging at home is indeed a must, unless you have a Tesla. However, I don't think that Audi or Porsche EVs are good value, even allowing for their 50% drop. Their range, battery packs and efficiency are very poor and have already been surpassed by the competition.

[@thedoctorsgarage]

Disappointing to hear for the EV’s. Thanks for watching 👍🏻

[@mikadavies660]

@thedoctorsgarage Agreed as VAG was one of the early leaders and I assumed they would overtake Tesla. But they really have proven that designing and building good cars doesn't count if your software is shite. Currently they are sacking thousands of German software engineers! Also Herbert Diess paid a heavy price for telling them the truth/facts in 2021/22. But some VW leasing deals are super attractive... My friend got an ID Buzz for under £300/mth

[@SteveW-lb2hc]

You also forgot expensive insurance, nobody can repair them so they're getting written off for minor damage, and they do like to catch on fire.....

[@GabrielVoinea]

And what is the best-selling car in the world in 2023? Isn't the Tesla Model Y, by chance, an electric car? I have owned a Chinese electric car, Dacia Spring, for two years, which cost me about half of the cheapest petrol car (fixed 8,000 euros), and which consumes around 11 kWh/100km, i.e. the equivalent of 1.5l of gasoline/100km. In a maximum of 5 years, the cost of the car will be amortized only from the difference in the price of fuel, not to mention the almost complete lack of maintenance (no oil changes, filters, distributors, spark plugs, etc.).

[@beastieboy3926]

Yep, on the face of it an Audi e tron 1 yr old at half price seems like a great buy,but is it ? That great buy could still lose a lot of value in the next yr or so.We don`t know what the future holds and remember, if it seems too good to be true.Also there are other factors to consider, like affordable insurance.

[@Jazzmaster71]

EVs is a scam! Its about control. By a flick of a switch you are not able to move or relocate.

[@Jules-kv2sf]

Anyone that buys an EV is mad if it's not a company car or its literally free to buy and run them you must be mad, what you fail to point out is the very fact they've lost a, ton of money already and they haven't finished yet, so there's another load of money still to be lost, no one in their tight mind will buy one they just don't add up

[@thedoctorsgarage]

Agree- I think the issue is the long term value As batteries get old etc 👌🏻

[@abc33944]

Remmber the governments push for diesels 20 years ago ? Same thing will happen with EVs

[@ComeJesusChrist]

Diesels survived and even with the hideous emission devices that destroy fuel economy and the engines, they are still fairly durable. EVs are toxic waste.

[@Sussex_Seagull]

Are you mad? how are batteries made? a small knock and they have to be scrapped for safety....better for the environment?

[@chevypreps6417]

I agree these prices are much better. But they will continue to depreciate at an accelerated rate. I think also as these cars age rate of fires will increase dramatically. Amazingly not many people have died in a EV fire yet.

[@GrrMeister]

6:08 *The MacMaster (UK) is crying Blood how much his car is now worth !*

[@lukeframpton3671]

I'll stick with my 335d thanks

[@paulmcguinness1030]

me too best all round car there is

[@philgreenfield8704]

50-60 Grand for an average secondhand car? Unbelievable

[@brandonfromlondonuk3484]

The Electric Vehicle failed 100 years ago and is failing now

[@ComeJesusChrist]

They also failed fifty years ago. It’s been the fake future hope whenever the governments wanted to increase motoring expenses and limit civil liberties.

[@nottmfunguy]

I don't see an EV as financially viable. A car is the second biggest purchase after property. I think with all the issues and lack or parity with ICE cars, most of the common drivers (the majority) would not even consider buying one. I do feel sorry for people who actually bought an EV with cash or on finance, seeing the value dropping through the floor must be a tough thing to stomach.

[@bittripper3530]

Not worth the ownership hassle and high cost, EV's are going the way of the Dodo

[@dotherightthingbro]

EVs are cleaner for the environment. Let’s overlook the mining of the materials needed to make the batteries, the making of the electricity needed to run the car and what happens at end of life? What is cleaner for the environment is to run the car you have for much longer. Even greener is never have a car, that might be the goal though.

[@bordersw1239]

But the materials can be recycled and cobalt isn’t just in electric cars.

[@edc1569]

So your argument is all new cars should be electric and people who want to keep using combustion should stick with the existing built cars? Pretty bold!

[@garypowell1540]

Evs are and will soon be universally seen as disposable items. As such., they need to be around a tenth of the price of a 'real' or traditional car that could at least in theory still be on the road in 60 years. There are many adverse issues regarding EVs but by far and away the greatest most intractable one is their inevitable and rapid depreciation. The only way to solve this is for them to be much cheaper than ICEV in the first place, not 30% more expensive. Especially Western car manufacturers started at the top end of the market when they should have started at the very bottom end of it. Who in their right mind, will want to 'invest' in a Porsche EV at £125,000 that loses 65% of its value after just 2 years? This is a depreciation of around £2.00 per mile on average. On the other hand, a car costing around £8,000 new can depreciate almost as quickly without scaring off the potential punters. If the owner gets 10 years out of the glorified milk float before they dump it, they may consider this good value for their money. However, the environmental costs of producing many millions of low-priced disposable cars will be catastrophic, to say the least. If our ruling elites seriously want to save this planet in any way whatsoever the use of any electrically charged fixed battery is a total NO, NO, and NO again. Is it beyond the witts of man to come up with an engine that lasts for a lifetime and does not emit either CO2 or anything else deemed bad for the environment? Of course not, indeed I have no doubt that they already know how to do this. Do you really believe we can't simply capture the CO2 before it leaves the exhaust pipe, how difficult or expensive could this be? EVs are not just a bad alternative they are the worst possible alternative in every possible respect.

[@mikemccormick8115]

Audi ETron overrated with a real world range less than 200 miles.

[@isaachunt5799]

every single ev once 8 years old only worth it's scrap value. i own a leaf and will drive it untill it dies. cant use it in winter here in sweden though. can barely go 50 miles when minus 20c

[@thedoctorsgarage]

Really interesting about how the cold makes such a difference- 50miles is terrible off the standard range!

[@isaachunt5799]

@@thedoctorsgarage 180 miles when plus 20c. car is nigh on un usable for 4 months of the year. we bought a new toyota aygo last month as a back up winter car.

[@brandonfromlondonuk3484]

Would any of you Ev evanglists fly over the Atlantic in an electric plane ?

[@SuperBartet]

I'm starting to think a lot of the second-hand EVs will end up in the scrap yard, they are just not going to sell, and will be written off.

[@thedoctorsgarage]

Interesting thought - I suppose what happens when the battery no longer holds charge?

[@SuperBartet]

@@thedoctorsgarage There are thousands of unsold second-hand EVs on the market, I don't think they will be able to keep charging the batteries all the time. I know from when I had a EV that you can charge it up for a long trip the next day, but the next day when you get in it you look at the dash and say b$%^& h$%l look at how many miles range it's lost sitting on the drive overnight. If the battery is allowed to go flat and left like that, that may be the end of that battery, so off to the scrap yard it is.

[@markjackson8035]

That doesn't happen though does it@@SuperBartet?

[@SuperBartet]

@@markjackson8035 Why not? There are thousands of unsold second-hand EVs on the market, I don't think they will be able to keep charging the batteries all the time. I know from when I had a EV that you can charge it up for a long trip the next day, but the next day when you get in it you look at the dash and say b$%^& h$%l look at how many miles range it's lost sitting on the drive overnight. If the battery is allowed to go flat and left like that, that may be the end of that battery, so off to the scrap yard it is.

[@markjackson8035]

Because EVs don't lose any noticeable battery charge overnight (or even over a week), that's why. I've owned five different battery powered vehicles over the last seven years and have not seen any of their charge levels go down by more than 1 or 2%, even when leaving them parked for 2 weeks. Unlesss you left one unused for a year or more, you wouldn't have an issue. You'd have an issue trying to start an ICE after a year though.

[@Brian-om2hh]

If you lease, then you don't get hit with the depreciation......

[@711honved]

I have no doubt that electricity prices will double by 2030! The pressure on the grid will be astronomical!

[@wearejames1]

If the tax incentives have gone, cost of charging is as much if not more than a petrol or diesel car and values are dropping by several times that of petrol or diesel car where is the advantage or incentive to buy one. Who says that the values won't plummet even further ovet the next few years?? I don't think I will be spending £45 or £50K on an electric car that may well loose another £15 or £20K in the next couple of years.... I think there will be a limit to the percentage of electric vehicles because of the inability of owners without their own driveways/cost or inconvenience of public charging. When the electric charging infrastructure is happening at a snails pace why would you buy into it unless money is no object and you can charge at home and don't do high mileage

[@thedoctorsgarage]

True - maybe the biggest drop on these cars is yet to come?

[@chrishart8548]

Isnt it just the same as normal cars now EV's did hold value better when there was a lack of supply and electricity was very cheap

[@thedoctorsgarage]

Yes possibly - I feel EV’s have taken a sharper dip

[@leegould5306]

My recommendation for all EV owners - buy a diesel generator and carry it around in the boot of your car 👍

[@sbGOM]

EVs are great for lowering pollutants in cities. Great for cleaner air in large towns. But please, can we have a proper discussion around "whole of life" environmental impact. Given the fossil fuels required to produce the steel to construct an EV, given the vehicle still needs fossil fuel derived electricity in most places in the world to propel them, given the greater propensity for low damage right, there seems to me to be little overall environmental benefit of EVs.

[@thedoctorsgarage]

What do you think of the EV market right now? Let me know below ⬇️

[@heinrichschmitz8964]

I dont know anything about UK but it seems like everything here in Germany is trending towards a political change to a more conservative/right politics. Green/Left wing parties basically wanted to ban all combustion engines, not allow them to go to big cities, put crazy taxes on older Diesels... but now it seems everyone wants to go back to combustion engines, as electricity prices are so high. I never understood the youth, that want to save the planet, but go on vacations by plane like 6 times per year and buy chinese clothes... I had a Cayenne PluginHybrid but it wasnt good on fuel but it may be more appealing to countries with speed limits. In general I dont get the appeal of having a strong car when you live in a country with speed limits. Personally I have to drive a 1.000km trip every other week and I usually put the adaptive cruise control at 170-210kmh (105-130mph) depending on the traffic because I think its a good compromise between fuel economy, safety and comfort - for those kind of speeds even an E220 Diesel is more than enough and refs about 2.200 at 60% of its power reserve. My E400 uses 31% of its power at 200kmh and my 2015 Mercedes S500 4.7 just used 22% of its power at 200kmh (I can highgly recommend that car because prices are just around 50k these days) ... I know Im an old dude, I dont need any 800hp electric vehicle when I can average higher speeds with a regular. Those electric cars are powerful for like one hour, but you cant cruise with them at 120mph for 5 hours without a stop.... Sorry for my long comment but I love this channel. best regards, Heinrich from Bavaria

[@keegan773]

When you rely on subsidies and government arm twisting to sell your product you know it’s not up to scratch.

[@cp4512]

I won’t be buying an EV anytime soon! 😂

[@rivergladesgardenrailroad8834]

just starting to become slightly more buyers market, but long way to go....

[@rivergladesgardenrailroad8834]

​@@cp4512of course you won't, and furthermore we are not interested in your anti EV opinion.

[@DaveJudd]

Not keen on buying second hand electric goods .New battery is the price of the car. Electric cars are all Born terminally ill, might survive 3 years, 6 year, 10years if your very lucky.

[@stephenclay6852]

Got some bad news for those people who keep knocking Ev’s and there falling prices. Well I’ve just watched a video by a well known KZbinr who has shown how much petrol cars have crashed in price. And that includes cars that were looked at as being investments. So to sum up it’s not just Ev’s it’s all cars sorry to say.

[@Ediconic1]

This is very simple the people buying these are businesses and they are 100% tax write off with low benefit in kind. The savings are 25% corporation tax and 33.75% corporation tax. Total 58.75% cheaper as opposed to owning the car directly.

[@TheBlueOwl21]

Apparently the battery in an electric car only has a life span of four to six years. The cost of a new battery is £16000 plus !

[@thedoctorsgarage]

😳

[@markjackson8035]

Strange then, how most manufacturers give 8 year warranties on their batteries isn't it?

[@sealegs446]

50k for a Taycan isnt value for money because in 2 years time it will be worth 25k, if not less. All EV's are like any other electrical item, depreciation is rapid until it's worthless and then binned. Not very ECO friendly

[@DougRutter]

I love ICE cars so love watching videos like this. Unfortunately, having these dinosaur vehicles (EVs😅) on the roads for 3 years the state of the roads, pot holes, due to the excessive weight of the monsters & no revenue collected in tax!!

[@claudiojunior9618]

I'll have one when it's down to 150 dollars

[@doriangray6985]

One week later the battery breaks and it costs you £20k to replace

[@ComeJesusChrist]

They are not cleaner at all. The extra weight makes toxic brake dust an issue. Manufacturing a new EV every six years is not good for ant environment. My 22 year old supercharged Mercedes does close to 40mpg and is go8ng strong.

[@markjackson8035]

Not sure the ants are particularly affected.

[@petersimms4982]

The Germans don't know how to build affordable EVs , they've handed their future production to Chinese auto manufacturers 😊 and they know how to build world beating EVs 😉🇨🇳

[@thedoctorsgarage]

Probably true!

[@philgreenfield8704]

MILK FLOATS! Even the milk floats stopped using electric motors.

[@Engineersoldinterstingstuff]

Bushmaster gun vs tank armour

[@richardweyland116]

The world needs ways to reduce carbon emissions...eliminate emissions from govt bureaucrats elected and unelected.

[@PassportBrosBusinessClass]

Just for starters: I have a 2015 jeep SRT and I recently sold my 2016 Dodge charger hellcat. I recently purchased a brand new 2024 Cadillac lyric, all-wheel-drive luxury three package fully loaded. The media claimed that EV weren’t selling two months before Tesla had its record sales month for the model Y and model three in December 2023. The bottom line is that right now there is a credit crunch, interest rates are high, insurance rates are high, and the only people who can actually afford to buy an EV or a select few who can actually afford to have a place to charge it, making it fit into their lifestyle. The vast majority of the rest of the people are pretty much stuck in gas cars for the time being. The bottom line: this is all linked to global politics. By putting a $7500 tax credit on electric vehicles and a $4000 tax credit on used electric vehicles, this government is basically telling you that they demand that Americans abandoned fossil fuels. I don’t see that happening overnight, but it is slowly happening . This government doesn’t care how deep into debt. It Hass to go to make it happen. By 2030 my state doesn’t even allow gas powered cars to be sold. By 2040 my state won’t allow gas powered trucks to be sold. This industry is going to rapidly develop EV technology and improve batteries Within the next 15 years. We lost the proxy war with Russia over Ukraine. Before that war, we had plenty of cheap Russian oil coming into America and prices were low. Remember back in 2020 when Russia and Saudi Arabia had a oil production conflict? They sent prices into the negatives when you added in the “pandemic“ which caused oil futures to plummet . America has decided that independence is going to take the place of solar panels, windmills, other forms of green energy and electric cars. No matter how much people try to fight it it’s not going to help.

[@davidrobsonuk]

Well if I ran my oven off a 13 amp socket my turkey wouldn’t be ready on Christmas Day. So I don’t run it off a 13A socket, and it is ready. Same logic applies to an EV.

[@mrgrumpy771]

Too big, too heavy, poor range especially in winter. Charge network can double journey times, and the government can turn off chargers if it wants to. And you are tracked. Battery capacity reduces over time, especially if you don’t use it much (like your laptop). All in all - awful

[@vwgolffancarreviews7111]

The evs are easy to catch on fire how is the land rover discovery it might be June or July when you get your car back

[@thedoctorsgarage]

No idea about the D5… still waiting

[@Chris-mh3vf]

Not as easy to catch on fire as land rovers particularly in airport car parks

[@Matowix]

Only milk cart should be electric

[@thedoctorsgarage]

👌🏻

[@ComeJesusChrist]

Forklifts are alright, too.

[@w2385-i2s]

Just don't buy new EV. Buy used EV.

[@Matowix]

That's worse

[@ComeJesusChrist]

Or don’t buy and EV at all!

[@sellsidedream8766]

Wait and they will get even cheaper

[@SWR112]

New models are coming out. The new Polestar 2 new 2024 model just out has some great upgrades but a late older gen 2023 cost new £52k now with a few thousand miles on the clock £29k fully loaded. That’s a lot of Car for the money and this is the extended range. They are saying the new Renault 5 retro is going to come in at £25k new and that’s brilliant. It’s not EV’s don’t work it’s just they were always over priced and that is changing. Again the new MINI second gen is about to hit roads in March your looking at gen one. Gen two does double the miles to a charge. Tell me you know the latest gen is coming out so that’s a big influence. You seem to actually have a poor grasp on what is happened and it’s model specific in most cases. Porsche have just exited its next EV will blow the previous EV they make out the water. It’s the Osborne effect all over again.

[@chris-non-voter]

If the tax payer has to subsidise EVs they are not viable - end of storey.

[@ComeJesusChrist]

It takes some delusion for anyone to claim that EVs cost 2p per kWh to charge, while many addresses, locations and models will not qualify for the discounted EV rates that actually provide an Economy-7 style pricing structure by offering lower rates between around 11:30pm and 5:30am at the expense of high daily standing charges and the rest of the day charged at between 32-40p per kWh. Add the real-life efficiency rate of 2-3 miles per kWh on average by most EVs, try to charge during the day or outside your home and you’ll be paying 20-40p per kWh, in addition to the steep depreciation. Motorway stations typically charge around 80p per kWh, which makes EV motoring cost per mile more expensive than running a large petrol engine. In some cases, EVs lose a third of their value in a year. In the market above £100k, it’s even worse. Audi e-Tron and Porsche Taycan depreciation is shocking, costing tens of thousands a year. Watch the space, whereby all the people buying into this nonsense from the purchasing desire of wanting cheap motoring are being hit by their insurance renewal, servicing cost, battery problems, inability to match the same spec in a new finance deal and so on! Only fools throw thousands every year if not more on the promise that they may save a few hundred in fuel and road tax!

[@markjackson8035]

Mine costs 1.9p per mile to charge...

[@sudesignnl]

May be hydrogen cars are better than evs

[@Cattalinn]

Yes, it is total scam electric vehicles,electric cars have incentives from the guvernement but not to mention this type of cars are very expensive to insure,and many of insurer company dont even want to insure you electric car, and very easy to writen off,and to replace the electric battery for these its like to buy another brand new car,sorry this its the true.

[@marcxiong8332]

Lithium price is basically the main issue with EV. Nothing else.

[@anthonyjohnston716]

We have 2 electric cars a Tesla 100D and a Nissan leaf. Servicing is virtually non existent and its common knowledge to get onto a decent electricity plan... Octopus energy have multiple cheap plans overnight or the wholesale tracker. Electric cars a significantly cheaper to run.

[@keegan773]

Now take into account the depreciation of your asset.

[@topfuelteddy]

​​@@keegan773And the fact one of them is probably a "tax" benefit. Will both be in the bin within 5 years anyway .

[@cp4512]

Your depreciation is way way worse than your cheap servicing! 😂😂

[@topfuelteddy]

@@cp4512 I service my old petrol Mazda with the best oil and filters for £120 a year and that's doing it twice .

[@isaachunt5799]

you saving up for a few years time when u need a new battery? so any money saved will be long gone. 8 year old ev is nigh on worthless. ever heard the saying no such thing as a free lunch? a fool and his money lol.