my ELECTRIC CAR is now WORTHLESS EVen the DEALERSHIP doesn’t want it back! EVs are DISPOSABLE JUNK!!

[@derekwholden]

Lee, I bought a brand new Audi Etron RS GT in Jan 2023 for £130K. I sold it in Feb 2024 for £65K! This was the best price I could achieve, even though I had only done 4300 miles. This cost me nearly £1000 per week in depreciation and over £16 per mile! They are a complete con, driven by political motives.

[@cabottaxi]

That's frightening

[@derekwholden]

⁠£55K.

[@johnwindle6378]

Sorry to hear that, not good 🤦‍♂️ I'll be sticking with Petrol 👍

[@davidhancock91]

Rule no 1 in life. Never buy a new Audi. Rule no 2. Never buy a new EV , especially an Audi. I bought a lovely 2015 A6 S line Biturbo last year for $30,500au. New that car was $130,000 au. That’s the way to buy Audi’s.

[@johnwilliams-ih3pv]

We need to stand up against this con !

[@captricharddee3634]

Trade it in for a new Golf GTI. Anyone paying £100,000 plus for a car, especially on finance, needs their heads testing.

[@ray11140]

A friend of mine bought the exact Taycan as in the video. He had to reduce his earnings otherwise he would have paid a lot more tax.

[@macky4074]

@ray11140 if I was buying a porsche for that money to reduce my earnings, I'd buy a late 80's early 90's 911. Wouldn't lose a penny, food for thought!

[@1nvisible1]

*Put a Toyo Avalon 3.5L in it* *Worked for Lotus, afterall!*

[@royhammond2232]

Idiot

[@quokkapirquish6825]

Trade it in for 3 golf GTIs!

[@barrywhite5899]

Im an older guy and in a position to buy a fancy electric car. But what I’m doing is buying older cars that I dreamed of owning when I was younger. I’ve made my way through several Clio Trophy’s, 182, old 3 litre BMWs, old c43 AMG, type R civic . Z4 Coupe and convertible and outside I currently have a e63 BMW 650 v8. Most of them hold their value , cheap to buy, no debt and I’m too old to care what other people think of me to worry about having a new number plate. Highly recommend doing what I’m doing. This bloke owes more on his car than I’ve ever owed on a mortgage. Mental times

[@patrickjmorgan]

I give you the mortgage bit! I took a mortgage to on this place 40 years ago when the hose cost me £100k. I never missed a days work as a mortgage of over £50k was suicide material to me. In now owed big. Yet cars are more than my house cost 40 years ago...

[@robblack7560]

Purchase British Northern Ireland cars, our number plates don't carry a date.

[@davidhancock91]

I’m 63 and a self funded retiree, I was a self employed company director. I could waste $200,000 of my superannuation on anything I want to drive. But that is bloody ridiculous. When I was in business, it made sense to lease a new car every 3 to 5 years, and I would. Now I buy nice, well maintained mainly European cars, second hand. Last year I sold my 2011 turbo diesel Touareg after 5 years, paid $27k sold for $17,500 so $2k a year depreciation. I then bought a lovely 2015 Audi A6 Biturbo S line. I paid $30,500, new that car was $130,000. It looks and drives newish. It’s the only way to go.

[@jakkk5551]

Nice strategy. I'd like a honda s2000 but I've still 3x kiddy car seats. I'll be outta luck in ten years. Bet it's hard to find if you want some 80s hot hatches, r5 gt turbo, 205 gti etc.

[@barrywhite5899]

@@sunnybeachwalks4k2022 I never fantasised about an Audi diesel though. Had some of the a4 and a6 company cars back in the 2000s.

[@Jo-ys4bp]

Your mistake was spending £120,000 on a car. No way was that ever going to be a good idea.

[@sleepyboyuk]

@Jo-ys4bp I think the mistakes in full were only Two..1. Buying new, always buy a few months old at least. 2. Buying electric.

[@Sienta-nq5dh]

Buying any EV is just a dunk​@@sleepyboyuk

[@NickBR57]

Yes, what a waste of money. More money than sense and my takeaway from two videos on this channel is skip to 20 mins in to get to the point and expect it to be something we all knew

[@mikemorris9636]

😂

[@andrewdove9867]

£100k on car AND no garage? I just couldn’t do it. I’m an advocate for a cheap daily driver and a “forever” sports car. No finance, no negative equity, no stress just smugness. You should try it.

[@TheMacMaster]

Ha. I have a garage at my house. 😉

[@andrewjackson8089]

Apparently that house isn’t his🤷‍♂️ he just charges his car and starts journeys from there 🥴 makes total sense.

[@jidofole]

Pragmatically speaking, the sense of entitlement doesn't inspire much sympathy...

[@TimImwold]

@@jidofole I am extremely impressed with your tact.

[@NickyB62]

I got a 19 yrs old Diesel Rover 75 Tourer, a 19 yrs old petrol Citroen Picasso & a 21 yrs old Suzuki Wagon R. All got excellent heater & all 3 of them have increased in value over the last 12 months. You could have bought a decent classic sports car that increases in value. When a government advises you to buy something always buy the exact opposite.

[@patrickjmorgan]

man after my own heart! Ive had my RRS for 10 years and I have a 22yo mini one for a runaround. Oh, and a pushbike.

[@Dmcriner]

Why am I losing the will to live waiting for this guy to get to the point?

[@ED435I]

Why do you want to live in so much debt!??? Why not try buying a car within your means🤷

[@doublebogeybrown]

I don’t think that’s the point. My mate and I pace for £83k. 2.5 years old with 30k miles and they offered him £25 for it. Depreciation is horrendous on Evs

[@FunFindus]

In 2009 after the credit crunch 2 Yr old DB9s were selling for £33k that were £110k new. Best thing to do is hold onto it, the market will improve once the surplus stock goes and future depn rate wont be as bad. You only lose money if you sell, so just trrrrryyyyyy to enjoy the car. It's still a Porsche.

[@ratscabies8458]

Yeah, he could buy a 3 year old Taycan for fuck all !

[@VGILee]

@doublebogeybrown if you’re saying your mate bought in i-Pace for £83k then it was a top spec one and top spec Jags always lose a lot. If he only sold it recently then he bought it when it was already far from a new model. If he’d bought it in 2018 then sold it 2.5 years later he’d have lost far less but the market is flooded with I-Paces, flooded with EVs, there are huge swathes of the media that seem to try to do everything in their power to scare people off buying them and all this contributed to the current depreciation problem with most new EVs. There are other factors too but I think they’re the main ones. Well, the crappy charging infrastructure for anyone not using the Tesla Supercharger Network doesn’t help. Then with all that coming into play, along with the fact that the Taycan never had a big enough range for the type of the car but most media outlets not making a big deal about that but evangelising the car and now an updated model is out with a huge on-paper range increase, should any of this be that surprising? The i-Pace is an excellent car but other than maybe buying one when they’d first came out, I don’t think spending £83k on one was a good move. Great used but for someone though!!!

[@VGILee]

@FunFindus Exactly! And trrrrryyyyy to not use the charging infrastructure if possible and stick to home and/ir work. And I don’t remember any of these DB9 owners ranting about how petrol cars were a scam blah blah.

[@pdloder]

So your problem is, you bought a new early/experimental model car you couldn't afford - and now you think you'll rectify your situation by buying a new 911 you can't afford - but in reality you're going to compound your problem because the 911 will have the same deprecating effect in a few years... Smart man..

[@chaseshadow]

No amount of wealth buys intelligence. Give less out - Work less = TIME which is priceless.

[@Rammit_Inha_Assol]

To anyone: don't buy any new car. Ever. That should learn dealers a lesson. The throwaway society we live in is a complete fuck-up

[@dopiaza2006]

Anyone spending £120k on an EV needs their head examined.

[@TheMacMaster]

😂😂I needed my head examined way before I could drive.

[@XENUGOLFCLUB]

Imagine the feeling walking into a dealership you’d bought a £120k car from and then then refusing to buy it back. Proof- not that it were required- that EVs are shite

[@whocares264]

@@XENUGOLFCLUB imagine believing a guy that makes money from spouting crap.

[@i6power30]

@@XENUGOLFCLUB it'll be the same for gas cars too. Dealers make money they don't give you money

[@pragmatist165]

They're are unbalanced in life generally

[@jonathancolling2284]

I have owned my car for 25 years. Its 30yo in 2 years. Its worth more than what I paid for it and its working 100%. They did things right in the 90's

[@lyndonwatkins1]

And a lot cheaper to repair most jobs were diy as well

[@steriskyline4470]

my skyline was the best investment i ever made, 90s cars are the best hands down.

[@Emtbwebb]

@@jonathancolling2284 so many people are in debt these days for stupid looking and sounding electric cars i am so glad i dont follow trends or the new number plate crew😆 i don't ow a penny for any of my cars or van, they are old and drive amazing! The day they take petrol and diesel cars off the road is the day i stop driving! I will quit my job as a bricklayer and do something else, the government is nothing without us 🤓🤘🏼

[@JesteRsjoke-nu6bo]

cnt put wise head on young shoulders! 🌷

[@craigeboy70]

I'm lucky I'm the type of person to do research on anything before I buy it . I was looking into the new transit custom EV and once I went down the EV rabbit hole I realized you'd be nuts to buy any sort of EV . I still get these videos in my feed 2 years later :D

[@acelegal3854]

Got a Renault (yes Renault) scenic 2 (2004/petrol) back in May 2020 for £ 250.00 (yes 250.00). Clutch changed (£ 400.00 including labour charges). Bibs and Bobs + labour charges (£ 600.00) over 4 years. 1250.00 in 4 years and have been offered £ 700.00 already. Thank you God for the gift of this brain you have given to me. 🙏

[@maria610421]

Remember everything the Government says is normally a lie. Why they are not trustworthy.

[@noellegunning3301]

@@acelegal3854My family and I do the same thing as you. Cheap motoring 💪💪

[@GraemeForbes-e5s]

Nothing like taking 25 mins to tell a story that could have been done in 2

[@AntiAntiAntiFa]

Or just blogging it or posting it on Twitter. With the long way, you get more ad revenue and sponsors.

[@derekhenry5612]

I cannot believe that someone who is prepared to shell out £120k on a car hasn't got £20k available to be able to do this trade.

[@r12004rewy]

Had the same thoughts, perhaps he shouldn't of gone to Australia for 4 weeks.

[@paulj888]

Story - Rich man buys silly gimmick to look flash then cries when he can't sell it end of story time.

[@abc33944]

@@paulj888 i think i remember an episode of this in the 80s on jackanory

[@mikedesanto4886]

That's how the world works nowadays

[@phillipthomas4238]

He doesn't need £20k, he needs 65k to clear his finance, then when he sells it he gets £45k back. Hence the £20k gap.

[@stableianF1oracle]

I know how you feel … I bought an Old Ford fiesta for £500 and two years later I lost £30 on it when sold on.

[@tomcraig8027]

Many thanks for sharing and being upfront. Very helpful and I’m sure you will save many people a fortune. Hope you managed to get rid.

[@Shocky341]

I bought a second hand 911 GTS (9 months old; 1800 miles) 8 months ago. It's already lost £35K. It isn't just electric cars. Never buy a brand new premium car unless you can afford to haemorrhage a small fortune.

[@geoffm3158]

These finance options are for the flash with no cash. If you can't afford it, don't buy it.

[@Vaultboy101]

I own a 56 plate audi with 35k miles on the clock. I don't want to look flash, especially in today's world. My father saw cars as a status symbol. I see them as a tool.

[@doublebogeybrown]

Take it you paid cash for you house 😂

[@marcandsebe]

I commented yesterday on a Facebook group post about EV’s and that I never want a new one let alone a used one. Someone came back at me about how great his EV was. Now this guy had purchased a 6 month high spec Vauxhall car. He said it only cost £18,000 and was cheaper than its petrol counterpart. Later in our discussion he said he had an amazing deal at £18,000 as new it cost £41,000. So that means this Vauxhall car lost £21,000 in just 6 months.

[@williamnorth5277]

@@marcandsebe I bought a Vauxhall corsa gs brand new for £18986. 2 grand cheaper than the petrol version. I had no intention of buying an ev but I get free charging at work. It just made sense. I love it.

[@marcandsebe]

@ Good for you. I work at different locations and my clients would not appreciate me charging my car at their expense.

[@GPR111]

Sorry, but you must be absolutely crazy to buy a 120 grand car on finance for starters. If that is true. That kind of figure is for people who can write big cheques and then get on with playing golf. Also, isnt that known as one of the worst ev's for crushing depreciation .... ? I came close to going ev this year but realised they are a white elephant - and just in the nick of too.. Now running a used older petrol BMW.... its old enough that theres almost no depreciation left, looks smart, drives beautifully and should last a very long time yet the way I look after things. No range anxiety, no drama, just go anywhere anytime. Generally, I have had brand new cars, its a nice experience.... but it costs big. Especially buying outright, leasing is sometimes a better option than buying 😉 ( Wow... 40 minutes of your day charging the car and the same again very soon depending on your journeys... madness 😂... but not as mad as the depreciation.... )

[@sinjersable]

I bought my Toyota Rav4 Prime a couple of years ago. It's a plug-in hybrid (PHEV). I installed a 240v charger in my garage. No range anxiety. The car does 40 miles on EV and 475 miles on petrol. I filled up twice last year! I love this car and have no issues with it. Battery life is guaranteed by Toyota for 10 years. It's currently worth about the same as original purchase price. You can keep your Tesla's, Porsche's and Jag's! Toyota does the job right!

[@footballboots7167]

My gran had a saying which fits this guy perfectly, more money than sense.

[@StreetPreacherr]

Maybe people need to just buy a car they like, and drive it till it stops working? The problem seems to be these people who 'get bored' with their car, and feel the need to get something different every few years... And if that's the case, then why not just LEASE for 4 years, and keep swapping it in for a new model?

[@michaelbenton4117]

That was me in my youth, had 23 cars for the age of 18 years. Had my present car the longest 12 years.

[@NeutronStar-r7r]

EV’s are a disposable device once the battery is done - That is the biggest take away for me. No way will I ever consider an EV as a viable option when an ICE car lasts as long as you want it to. There are now lots of ICE cars over 50 years old, mostly in collections but they still work.

[@anthonyevans7911]

hmmm, lets analyse. My e-NV has done 108000 miles, in that time the battery has degraded to around 80%. Currently the battery is degrading roughly 1% per 10000 miles thats been the case for the last 60000 miles. Bear in mind my van is 9 years old and the first generation of battery with 24kwh. His porsche has over 90kwh, and if that degrades similar to mine in 20 years time he will still have a battery capacity of 70kwh, hardly throw away stuff. Plus on a diesel you have DPF failures, EGR failures, injector issues, and all sorts of other really cosrly issues an EV DOESNT have. So, think again, EV`s have a use, they are not for everybody, but if the use suits, they are great, AND, if you have solar you can run it for nrearly free for 6 months a year depending on your daily usage, mine is 40 miles a day and it costs nowt for 6 month to run.

[@sqr2024]

Unfortunately countries are going to ban any ice car that is of a particular age and if they require repairs. Look at what new laws are on the UK books.

[@stephencollins7714]

EV batteries are expected to last up to 20 years before they need replacing, so not really so different to ICE cars. Sure range will slowly deteriorate over that time but performance on ICE cars degrades over time too with 000’s being spent on engine maintenance during its lifetime. Personally I think that the bigger issue is the pace of advancement with EV technology and the relative lack of investment in charging infrastructure. At least people have finally wised up and are not buying EV’s to save money.

[@onederment]

And when an ev battery does need to be replaced it still fetches quite a high value. It's sure not a throwaway part. I suspect in 20 years there will be new cell tech that will allow your old EV to be able to do 5000 km on a 20minute charge that costs only 10000€ to upgrade. No clutch replacement, no mashed gears, no burst gaskets and crap in the oil. Seems to make perfect sense to me. Also if you just trickle charge your battery with a low charger the degradation of the battery is far less. If there are cheap second hand EVs buy one as they are easier to maintain

[@davidridland]

Yes and even completely rebuilding or replacing an ice motor is a fraction of the cost of an ev battery

[@rightwinggo9694]

Here's another kicker, in Australia we pay 42 cents per litre (fuel excise) to maintain the roads, once EVs become mainstream the Govt plans to charge EVs 3 cents per KM to replace the fuel excise which will add up considering Australia's vast distances.

[@big-smoke-rc]

That would be preferable in any case. If you use the roads more, you will pay more. If you use them less, you will pay less.

[@tantona9315]

Also, thanks for showing us petrolheads that charging an electric car is a comical and frustrating experience.

[@whocares264]

I charge my ev for 7.5 per kW while i sleep, I laugh at petrol heads . It costs me 2p per mile.

[@northyorkshirechris5735]

I look on MacMaster videos as ‘entertainment only’. His ‘clickbait’ videos undoubtedly fund his Porsche. What is interesting is that he bleats on video after video, month after month, about how bad EVs are, yet here he is month after month with a £100k Porsche on his driveway. Does anyone really take this guy seriously? Anyone that has had a genuinely bad car usually gets rid pretty damn quick - but not this guy. By the way, if he wants to sell me his “worthless” car, I’ll give him a tenner for it, but somehow I don’t think he’ll be messaging me any time soon 😂

[@mikejones8794]

YOU REALLY KNOW HOW TO STRING OUT A SIMPLE VIDEO TO AN ENCYCLOPEDIA CONVERSATION..I GUESS YOU GET PAID MORE FROM UTUBE THE LONGER IT GOES ON !

[@jonhunter8737]

If you are cold, Lee, you could set light to it. Lots of heat, and it doesn't go out for about a week!!!

[@PeterPan-oz4sq]

You don't need to do it yourself? The ev has that feature already as standard 😂

[@gregorycole3511]

Be interesting to see how much the insurance company would pay out

[@kleincamper]

Let me tell you the story of our first electric car: We bought a used Renault Zoe back in 2018 with 48.000km on the clock. We payed 8600 Euro for it. It has now 225.000km on the clock and still runs without any issue. We could sell it now for around 5000,-Euro, but we will just keep it and drive it until it lasts.

[@Sam-go3mb]

5000 euro? I'll believe it when I see it

[@Kevster-dp7tt]

Nature has ways of saying 'DO NOT TOUCH.' Examples are: 1) A rattle on a snake's tail 2) A fin on the back of a shark 3) Vivid markings on a poison arrow frog 4) Red cap with white spots on a poisonous mushroom 5) An EV badge on the back of a car

[@Rami7605]

Love this one😅

[@peterbreis5407]

Why would you pay £120,000 for a car? Especially a Porsche EV? How much does that cost you per km to get somewhere? It's just transport, not a penis extension. Probably cheaper to just Uber, when u do need to go somewhere.

[@FedUpCanuck]

You bought it you are part of the problem

[@davidupton-v4u]

Defo... well said

[@timl1481]

Last month I purchased an Audi, powered by an old fashioned quaint petrol engine. As last month happened to be February, I casually remarked to the salesman that I assumed he would be very busy with the new reg coming up. His answer surprised me at the time, "Not really" he said, "Audi is pushing EV's, and no one wants them!, I'm actually selling mostly diesel's" So the message seems to be getting through.

[@gregorybird7066]

Audi EVs do not have the statistics that interest those that want evs. Audi fuel cars are not the most economical, and their evs are the same. People buy them for the build quality and the badge.

[@big-smoke-rc]

@@gregorybird7066 and the build quality isn't great, and the badge makes everyone think you're a wanker.. so

[@charvais]

EV's are not the future and the list of drawbacks ; 1) They are too expensive to buy. 2) Depreciate quicker than a sink draining. £30,000pa in the case of a Porsche Taycan 3) Spare parts are hard to get. 4) Spare parts are too expensive. 5) Insurance is high or difficult to get. 6) Tyres wear out faster cos of cars weight. 7) Road tax will go up because the weight of the car causes damage to road surfaces. 8) Services (inspections really) are a Rip off. £750 to look under the car & report the your tyres are wearing down. 9) Software takes control, out of owners hands. 10) Difficulties in cold weather, heating reduces range, batteries won't charge in the cold or if they do it can damage them. 11) New battery costs more than cars value. 12) Charging eats your time on longer journeys and they are not always on your route so extra distance is added to trips. 13) Charging costs are increasing road side. 14) Finding a charge point (or one that works) away from home is almost impossible. 15) When you do find a charger there will nearly always be a queue. 16) Charge points require an app & mobile phone, data connection, a signal etc., Also can't buy a charge with cash! 17) No resale value, cos batteries only last 3-4yrs. ‌18) Mechanics can't or won't work on them. ‌19) Domestic smart meters control what time of day you can charge up & what cost that will be. ‌20) The price of electricity is going to out strip the cost of other fuels per trip, especially during the day. ‌21) If there is more than one car in a family accessing the home charger has to be rationed ‌22) Having to buy a home charger in the first place. Domestic chargers break down, costly to repair or replace ‌23) They spontaneously burst into a ball flames that can't be extinguished until all the energy is dissipated ‌24) If you live in a block of flats you won't be able to charge at home unless you have a carpark with a charger, but will have to share. ‌25) If you live in a terraced house or a house without a drive, you can't always park close to your house, even if you could there's the problem of electric cables over public footpaths, etc, etc...

[@garethmcrae668]

Batteries mostly last way more than 3-4 years. OK, there have been well documented module issues with the Taycan, which have usually been replaced under warranty. Tesla battery management systems are excellent- there are some 8 year olds whining around still with great range. Hence the good 2nd hand market for the crashed one's cells!

[@tid418]

@@garethmcrae668 I have a 34 year old ICE car that still runs great, with 250k miles on the odometer. What will a Tesla be like at that age?

[@garethmcrae668]

@@tid418 Absolutely, I am not suckered in by the greenwash. Love the old stuff and am currently restoring a 50 year old Alfa GT Junior, which I very much hope to use regularly until I croak. Love the simplicity and engagement that an older more analogue car gives you, over the fiendishly complex moderns which baffle home mechanics and increasingly even main dealers, rendering them junk within a decade or so. My old diesel Alhambra lasted 249,600 miles and was a dependable beast... My point with batteries is that particularly Tesla have proven that they can work for much longer than a few years. If you look at lithium cells as essentially future fuel, then where go-juice is dear (we are currently paying $9 an Imperial gallon) and urban pollution a problem, there is a case for electric. Your main point still stands- what is your 1990 vehicle?

[@michaelgodbold6247]

I went to my local kia dealership to look at a ceed, but all the salesman kept on about was a e Nero told him im not interested in milk floats but still kept pushing . The price was just under £38,000 in the endi just walked out

[@Pure-Luck447]

It's why used ice car prices are high.

[@dominicwebb8000]

Great video. Explains why lots of these EV’s are on leases or pcp’s. Still it’s a bit of a shocker that in 29 months you have lost over £80k, that’s £2750 every month!

[@Kevin-dp1vy]

He has lost more than that because he has not included the interest on the loan

[@Fastandpro]

@@Kevin-dp1vy Leasing companies get huge discounts and may have offered "interest-free loans" Bend over it will only hurt 3 years later. I would never buy a car on finance, even for business after paying tax £1 is worth 50p in your pocket, after finance £1 is worth 0p an empty pocket.

[@alferro3149]

People changing cars like they change socks deserve this and more. Consumism is the problem that got us here. Buy a car and use it until is finished.

[@EmeraldHill-vo1cs]

And why buy such an expensive one?

[@colinlambert791]

Serve you right for wasting such a lot of money!. I bought an eNiro. has a real time range of 313 miles . I don't need to go over 100 miles an hour and 0-62 in 7 seconds is more than acceptable. I know it's not in the class of A Porsche, but then I don't need a pose-mobile. If I had the money you obviously have (unless of course you are 'renting ' the car in some way or another) I think I would buy a nicer house, rether than living on a middle class estate!

[@julieemery8963]

Bat shit bonkers, the fella is a twit😩😩

[@EdwardBartel]

So, you bought a high priced exotic car, that happens to be an EV, and decided you want to sell it after less than a year of ownership. You financed the purchase, so you are underwater on the loan, because you know, amortization tables... In the meantime, your low demand exotic has done a model refresh with the new vehicle having substantial improvements in power and features, further reducing demand on your vehicle. Got it.

[@davidridland]

Yes it's an i phone on wheels you need to upgrade every year and throw old model in the bin 🤣

[@markjackson8035]

It's NOT worthless though, is it?? It's still worth more than most cars most of us will ever be able to afford. The fact that you've lost around £80,000 on it isn't lost on me - but I reckon if you can afford the £2k per month repayments on it then you'll be ok. You simply paid way over the odds when buying it - these are now available for £80k brand new, so you effectively lost half your £80k the day you drove it out the showroom.

[@Fastandpro]

He has to deduct £20K for outstanding finance, so he only gets £6500 trade-in value the lowest offer. Porsche is dumping the old model at a loss because they cannot get rid of them for 120k without redress on existing customer values, even Porsche dealer stock. Tesla is also dumping old models at lower prices.

[@greg6172]

Any car that can lock you inside when the 12 volt battery is flat or damaged in an accident is dangerious in the extreme. A person died in another brand of electric car recently when it caught fire after an accident and the door handles could not be used to open the doors. Why have cars with this problem not been recalled and fixed at the manufacturers' expense? Why are governments unwilling to act firmly to prevent more people dying in the future?

[@cd78]

This comment should be pinned

[@stephenuden6403]

​@@cd78I second that

[@rollyunicorn]

Err... maybe because they don't give a sh*t about people dying.

[@ralphj4012]

And Jaguars requiring police assistance to stop them, when the brakes stop working.

[@contra_plano]

ICE cars use electric windows, also. They are command like EV by the 12V batterie.

[@hg6996]

The point is whatever car you are buying you will lose money on it. And the more it costs the more you lose. This hasn't changed during the last 100 years.

[@barryvaughan9755]

He bought a brand new £120k car and tried to sell it a few months later. It lost tens of thousands in value in a few months. Other vehicles for which this happens include EVERY SINGLE LUXURY CAR YOU CAN BUY. Everyone knows that a new car loses half it's value the minute you drive it out of the dealers. He bought a luxury vehicle that no one else wants, that's nothing to do with it being an EV.

[@Hoggdoc1946]

No he has had the car for nearly three years.

[@big-smoke-rc]

@@Hoggdoc1946 exactly long enough for it to become both used AND undesirable

[@thesushifiend]

Bonkers! I have 4 cars (one is a petrol Porsche) and only rule for buying cars is: never buy a car which requires you to borrow money. There are so many fantastic used cars out there to suit every budget. If you can’t afford to buy a £10k car outright, then don’t buy one. Britain has a sickness where every person has to own and drive a luxury vehicle no matter what they earn, and they wonder why they’re now in a cost of living crisis. There’s something to be said for the joy of driving a shed. Cheap to buy, cheap to run and you won’t care if it gets the odd parking ding. And then you can still afford to live a comfortable life!

[@hippy420]

This wouldve been a great video of you didn't have 20minutes of telling us you're going to tell us the figures...plus all the driving!? I get you need watch minutes but.....thankyou for making the video though, I don't mean to sound negative it's just feedback 🙏

[@julesviolin]

He spins the chat out and repeats himself like most bloggers. Earns them more revenue. I skip through most vids

[@ItsAllJustBollox]

Just bought my wife a Renault Zoe 2 years old 16k on the clock £12k it was over £30k new does 200 miles. She charges once a week at home 50kw at 7.5p each giving 200 miles of driving for £3.75 why would anyone waste money of a petrol or diesel city car? Ev depreciation means bargains to be had on nearly new cars.

[@michaelbenton4117]

That's why I'm thinking of having one ,not Zoe, more like a e-2008 or e-C4

[@senti2175]

Anything that runs on a battery is neither 'renewable' nor 'enviromemtal friendly' and has little resale value.

[@ray11140]

Even my toothbrush has packed up.

[@whocares264]

You do realise when you fill your car with petrol when you burn it its gone...

[@senti2175]

@@whocares264 So does the battery charge. Which is why you have to recharge it. But unlike the batteries the lifecycle of gas tanks don't shrink every time you fill it up.

[@whocares264]

@@senti2175 now you are being silly...the contents of your gas tank do shrink as does where the gas comes from... The wind my electricity comes from does not .

[@senti2175]

@@whocares264 The wind doesn't drive your car tinhead. Nothing in the process of getting that energy from 'the wind' to make it available for your car is either renewable or environmental friendly. The whole lifecycle of batteries, from the process of mining lithium ion to disposing the batteries is far more damaging to the environment.

[@unclefista]

I like how it's "cars being sold to us" rather than "car I bought". 😂

[@cafsixtieslover]

I would never have an electric car in a million years. I am 70 years old and hoping that I can avoid one for the rest of my driving life.

[@toffeepie1878]

Common sense prevailing

[@nickxdrew]

The irony being electric cars are much easier to drive and would be perfect for someone entering their twilight years

[@toffeepie1878]

@@nickxdrew Why are they easier to drive, if you are entering your twilight years you dont need the hassle and nonsense of dealing with EVs - I would have a proper sports car not a disposable item

[@michaelputnam2532]

There's your ticket! Sue the charging company for false advertising as there's no such thing as 100% zero carbon electricity.

[@Michael-hm8cs]

and never will be

[@sqr2024]

Bingo!

[@stephenroberts8057]

From day one I’ve hated EVs and said I would NEVER buy one. Your Taycan is a beautiful looking car, but the figures you gave for exchanging are absolutely horrific. I feel desperately sorry for you, but delighted you have given us the real world facts !!!

[@GeoffSlack]

Just out of interest, why have you 'hated EVs from day one' and why do you feel sorry for someone who seems to have made a bad personal investment that now makes a load of money through KZbin hyping it up?

[@BV-co7hy]

Can someone explain to me, if you live in a rural area and buy one of these Chinese electric cars. Where on earth do you get it repaired or serviced All mechanics near me (only 2!) say they can’t help and wouldn’t want to over, Electrocution and fire risk for their premises.

[@myredute]

I still can't believe you went straight out & bought this thing on finance. Surely to God you would have hired one for a week or a month before committing yourself. Try before you buy, especially to the tune of 120K. Talk about buyers remorse, but I will congratulate you on the fact you had the guts to make this video. Absolute lunacy!

[@ray11140]

Should have tried that with my ex wife, having said that she probably felt the same way.

[@anthonycaldwell3283]

I had the same issue with my 2021 VW ID3. Found out that I was in negative equity by accident. I was on PCP, GMFV was set, was within mileage and the dealer wouldn't entertain me at all. They then tried to put me in more debt with a 'upgrade' to a 70kW ID3 or a downgrade to a petrol Golf as long as I put n 6k! In essence, the car was a bad debt and I didn't even know it. So, I had to enact voluntary termination and was left with nothing but debt and a new loan to get a Toyota Yaris. Buyer beware, do not go electric.

[@2SongsStevie]

The important question is.... .why did you buy it in the first place? 🤔

[@ray11140]

Now, that is the question which could do with answering.

[@deanbateman128]

I had a similar experience with regards to the Taycan!! I gave it straight back after the journey from hell!! South Wales to Heathrow is a trip I make regular! My petrol v8 Porsche I can fill up drive there without stopping and have the confidence there more than enough fuel left to get me home!! Enter the “great” Taycan! Leaving at 3am, it’s cold n frosty so I needed the windows demisting!! The minute you turn them on, it drops 5%!!!! So I had 100% charge, drove it to Heathrow and I was literally worrying about the use of the bare essential car utilities!! Anyway I arrived and had just 27% battery left!! I hadn’t floored it, I drove really carefully and there was no one on the road at that time so it’s a straight run through! I knew I’d have to charge on the way home. On the return I was pleased to see the car had miraculously generated some electric out magic!!😂 it was now 29%, showed 57mile range I seem to recall, by the time I’d gotten out of Heathrow airport it was19%, I spent the next 30mins trying to find a fast charger and found a 300kw one. I had to wait 30mins for someone to free one up, these 300kw are bullshit, atleast my experience wasn’t great, it went from 4% battery to 40% quite quickly, still not as convenient as fueling a petrol of course, but then something happened that I never knew about, the 300kw charger drops to 150kw until approx 70% and further drops after that. 50mins I spent there for my “fast” charge. After you’ve been on a flight, the combined time of finding the charger and the charge, I would have been 3/4 of the way home in my other car. Needless to say, I no longer have a Taycan!! Electric cars are a pile of crap!! Unless you’re buying a Rivian or potentially the cyber truck AND you’re not going far, don’t bother

[@isiisorisiaint]

Anybody spending $150K on a car deserves exactly what you got. Thank you for showing off your desperation, i really, really enjoyed it.

[@fluffekins]

Why?

[@beltdrivetypea6534]

Because people have been warning everyone about this. These cars are just a way of declaring your compliance, along with your Ukrainian flag. The whole climate thing is just to extract money from gullible people, and tax the not so gullible. People who don't know what percentage of the atmosphere is carbon and have no interest in knowing what percentage of that amount is man made. And if that's you and you lose money We have the right to laugh and we will!

[@flyingbantam1145]

I paid £6k for an 05 Prius 18 years ago. Still have it, it's easily the best car I have ever owned. never gone wrong in 180,00 miles, still worth £1k. I feel sorry for you, but you walked into this. The above comment is correct, dont spend money on a car that you cannot afford to lose.

[@melvin4553]

😂😂 dude... you bought a super expensive EV on a loan.. im terribly sorry, but that's extremely stupid

[@tonypaul3205]

The battery on my phone is running out listening to this effing story 😢.

[@78jcra1g]

Should have planned your viewing better.

[@richbrice3299]

They collapse in value because no one wants an EV out of warranty.

[@davidnorton5887]

It's called supply and demand. The market will always decide.

[@sqr2024]

@@davidnorton5887 when no one demands them the supply will dry up and the world can right itself and get back to reliable petrol vehicles. The only ones benefiting from this disaster are the super wealthy. They made money from the switch while they keep their piston engine vehicles.

[@rosen9425]

They also aren't selling. A dealer with backed up inventory says it all, they rely on new and used cars flowing in and out. Sitting on previous models as a new one comes out is really bad for business. What if the new ones don't move either? 😬

[@joshuawilson1544]

Lol I pad 1k for a Toyota Yaris. Did 50k miles in it without spending a penny, just changed the oil once and sold it for £700

[@carlarthur4442]

Josh , I like your style mate it's the way to go , I had a 1.6 Diesel had it 8 years but did have to pay a few quid every year , I paid £6000 , which was a lot for me , I sold it 12 months ago at a loss , just bought a 1.2 petrol , better all round , one of my mates years ago always bought from auctions paid no more than £300 in the day and a few quid on it to tart it up , one of my sisters bought a Ford Fusion £700 4 years ago never had a problem with it 😀 👍

[@stonehill27]

Car was overpriced from the beginning. It is a Porsche. What to expect?

[@augnkn93043]

The gubberment also forced me to buy the Porch Tycan with all the options. I was going to buy a Skoda but the gubberment gmen turned up and made me buy the Porch.

[@disndat1000]

1) Never buy a NEW car 2) Never ever buy a NEW Porsche 3) Never EVER EVER by a new electric Porsche. Violated all three rules at once.

[@loveLTi]

Unless you bought a new 911 GTS in late 2011 which has now been designated a classic by Porsche and (excluding inflation of course) is worth the same money as 2011 😊

[@mikestanley3219]

I can't get my head round how someone can be driving a £120,000 car but can't find the odd 20K in their back pocket. 😂 I think you might need a financial advisor more than you need a new car.

[@barnabywild2215]

That's because you're buying cars wrong. My 944 cost some yuppie £18K back in 1984 (half the price of my first house). It's still a quality sports car made by a prestigious manufacturer but only cost me £2500 in 2005. It's worth about £15K now, and rising. Not long to go before it'll be worth more than yours. It's easy to maintain, spares are plentiful, and reasonably priced. Next year it will be MOT and road tax exempt. Buy smarter.

[@rabbitss11]

Bewildering why anyone would pay £120,000 on a car, any car at all

[@TeKnoVKNG23]

Yep, that was his first mistake, lol.

[@atwowheelguy]

It’s not as much about electric cars as it’s about buying a car you can’t afford. Going into debt to buy a depreciating asset is a known path to failure.

[@bryancarlson3673]

ALL vehicles are depreciating liabilities UNLESS you invest in the right antique vehicle that might possibly go UP in value if you are lucky!

[@davehilling3944]

Its the rate of depreciation on these, they are well beyond most cars. I am in the US a HD truck often goes for maybe 10K below the new price even 4-5 years after purchase.

[@davidridland]

Well everyone should have realised this would happen with evs what happens when after a couple of years your phone's battery loses its capacity? You throw it away and buy a new phone same as evs

[@onpole01]

Any EV will be basically be impossible to sell within 2 years or past the battery warranty. As was already said the cost of the battery will be more than the car is worth. That's not to say batteries won't get cheaper and that the battery will suddenly fail. However as a buyer of a used EV why would you buy an 8 yr old EV…? It doesn't make any sense. Whereas a used 8yr old ICE vehicle will be something that a buyer could consider. Only a small amount of people may buy a used EV who have zero concern the battery will need replacing and they'll likely get a great price. As a guide in Australia 3 yr old Taycans ate listed from 135-165K AUD but they're not selling. Many have been listed for more than 6 months with price drops of 5-30K from original price. The numbers don't lie.

[@studio1108]

Doesn't matter if it's gas or electric. New cars drop in value like a brick in air. Ages ago, my first new car was stolen and totalled shortly after I bought it. I had to pay the gap between what the insurance company said it was worth and what I owed. Now I only by low mileage cars at least 5 years old.

[@Channel--Ai]

Maybe I should get gap insurance I am thinking

[@williampotter2098]

I bought a used 20 years old 50K mile Boxster S for a play car. Cost about 10K. I'll never lose a nickle on it. It's gone up 30% in three years. It will never go below what I paid for it.

[@studio1108]

@@Channel--Ai ... or buy a car that's already depreciated. If you prefer driving new cars, lease them. My BIL likes to drive new cars so he leases for a couple of years, turns it in and gets another new car. I prefer to buy reliable, depreciated cars, pay them off in 1 or 2 years and live without a bunch of bills.

[@LaVidayElTristeFinal]

So you basically lost 80,000 pounds or 100,000 dollars since you bought it. And the heater does not work, lol. Buying this type of car has to be one of the most catastrophic financial decisions anybody can make.

[@sprinkle61]

Its a 2 year old car, and its lost 66 % of its value. There will be some great prices on these things when the mandates are lifted, if you are willing to walk away when the battery fails !

[@uham999]

Get divorced and it will seem like a good financial decision.

[@dzonikg]

I would never pay 45k for used EV so they are generous

[@rubberroast1598]

Dont brand all EV's based on your experience. You paid an insane amount for a test vehicle that was just a prototype for practice and training for the porsche engineeers and designers. They have no experience in EV's, but they charged you as if they have the best EVs in the world with Porsche full pedigree. porsche should have sold these first entries at huge discount to their regular cars. Tesla, Hyundai, VW, others are much better value on the EV.

[@8888cliff]

if he doesn't have ~20k gbp in cash at any time at all, he has no business buying a 120k gbp car in the first place.

[@Joki-oh7ep]

£120,000 for a car? I bought my first house for the exact same price. How the other half live! 😮

[@brownandrew778]

But all bought on credit and now surprised its in neg equity and stuck.

[@ciarancosgrave]

It strikes me that he has tastes he can't really afford.

[@norxand]

Try having a point. Stop dragging out a story, people are turning off😢

[@zm321]

No we're not.

[@keef1973]

It was awful to watch. Chuntering on about stuff he is clearly not clued up on

[@zm321]

@@keef1973 He's run an EV for 2 years, I'd say he is fairly clued up about the reality of EV ownership by now.

[@keef1973]

@@zm321 I meant about vehicle depreciation. Evs are no different to most cars in depreciation. I've had a few evs and a few top end motors (bmw M5 comp) and I lost the same sort of money on that and that car is definitely not an EV! 😂

[@TheMacMaster]

LOL!!! Nope they are not!!!!! Over 200k views mi duck!!!! WRONG!!!!!!

[@Lysdexia]

Struggling to empathise with a man forced to drive around in a Porsche.

[@dgnash]

I can't follow this bloke's thread. He has a butterfly mind, keeps fluttering off to another topic and never finishing a point.

[@TheMacMaster]

Highly colourful though. 😂

[@fredbrackely]

LOL Sorry you drank the coolaide. I will NEVER buy an electric car.

[@SidBonkers51]

Lee as I see it, your only option is to drive your Tincan to London and park it there for a week or two till it gets stolen and then claim form your insurance company, yourll still end up in negative equity on your loan but at least you will be free from the car.

[@MikeOxbrowne]

I once suggested he uses a company to raffle it off to a viewer. £10 a ticket and 7000 entrees and he gets his money back and more.

[@tantona9315]

Why in the name of all that is holy would you buy an ELECTRIC Porsche! Self-inflicted pain my friend.

[@wickedleeloopy2115]

So you owe 60k on a car worth 40k . & you paid 120k for it new. Did you have sucker written on your forehead at the dealership 😂

[@JesteRsjoke-nu6bo]

😂🤣😂🤭😝😝🤣

[@sahhull]

EVs not fit for purpose. Ive been saying that for over a decade. If the EV was a viable solution. The government wouldn't need mandates and legislation to force people in to buying them.

[@R56TurboCharged]

Even dairies gave up on milk floats.....🤣

[@jorgemtds]

If you want VALUE, you buy a ROLEX or an OMEGA (just to name a couple). Your grandsons will still use it. If you want DISPOSABLE, you buy an Apple Watch or SAMSUNG Watch. It will be dead in 3 years. Electric vehicles are the "Apple Watches" of the vehicle market place. I'm surprised some people have not realized that from the beginning.

[@capitalb5889]

I don't need to spend £5k or whatever to know what the time is.

[@akira28shima32]

People do still collect luxurious Stagecoaches, after the introduction of horseless carriage. At some point, the grandson may be embarrassed to show off his grandpa’s stagecoach.

[@flyguy6504l]

I hated paying $36,000 for my new Camry, but I guess it was a bargain. Oh, it runs on gasoline.

[@tomfoolery333]

Given that it will run for 20-30 years, yes it was a bargain. Even when it has 250k miles it will be worth 10k. I don't understand how these EV buyers don't realize that the equity they are surrendering when they buy an EV is a subsidy to move the tech forward, which, ironically, is what deprives them of their equity. In other words, EVs for the most part, do not hold their re-sale value. My friend bought a 4 year old Tesla for $65k about 8 years back, drove it for a few years and then sold it for $30k. Still did better than this chap on the video. What a disaster he has on his hands.

[@andpcandpc3520]

It's common at Porsche. You have to buy a Taycan first (almost noone wants a taycan), so you are "qualified" for a new 911. Like Porsche would say: you need a "buyers history". In reality they rip the customers off with a forced and totally overpriced financial plan, they force you to buy a car almost noone wants (taycan), so you have access to the car you want (some 911). It's pure insanity that someone would buy a porsche. Would never ever do that, even if i had the money.

[@ZeldaFitz]

I wouldn’t spend £120k on anything except an house.

[@dkdisme]

Can you still get a house in the UK for 120,000? Not in the USA!

[@ZeldaFitz]

@@dkdisme Up in the north you can.

[@ray11140]

Never say never.

[@JTL-DK]

Your electric car was worthless the second it was out of the factory. Edit: Im 8 mins in, Get to the Fking Point will ya!

[@JTL-DK]

12,5 mins in, what a waste of pressious time, im out of here without the fking point... other than EV's Sucks.

[@1966wasp]

Champagne lifestyle, lemonade pockets...

[@snk7]

Great Video. Rule number 1. Always buy a vehicle outright! I know everyone is different. But save up. Just saying you will sleep better at night. In my area I have noticed a lot of people driving around in their Taycan's, usually 2021-2022 plate. I hope they done their research? I guess not.

[@gandalf513]

I cannot understand anyone paying £120,000 for a car.

[@markstarmer3677]

Indeed. Leasing is the way to go. Keep your capital in your bank, chop it in after 3 years, and start again.

[@gandalf513]

Yes that's a better idea. I couldn't sleep at night if i had lost that much money on a car.

[@maxthelab8457]

I've got assets of £2M and I would NEVER pay that for a car.....................£40/45K is ways enough for a new car@@beedoox5613

[@andrewjackson8089]

@@beedoox5613 putting any money into depreciating assets is bonkers.

[@womblevra]

So you get a car you can't afford want to swap it for another car you can't afford. Here's a tip buy a car that fits your pocket rather than your ego

[@assettrader1587]

My friend you are so right, I also think he was living in Fantasy Land if he ever thought that borrowing enormous sums of money on ridculously expensive cars was ever going to pan out any different to what is the case now, then he certainly needs a reality check, or at least a few lessons in growing up, Absolutely zero sympathy from me, it was all so predictable, and by the way he seems to want to dive head long into another costly car, purchasing it on the drip. I definately think he needs some professional councelling. Also as a personal favour to me, for Christ sake will he stop repeating himself it makes ultra boring viewing.

[@Longtack55]

"A fool and his money are quickly parted" someone said a million times.

[@allanbarlow685]

I see this as being ripped off more than your comment, 55

[@davidmatthews3093]

As Jeremy Clarkson once pointed out; the status that you get doesn’t come from the fact that you can afford to buy one, it comes from the fact that you can afford to lose £50,000 a year while you own it.

[@stephensalt6787]

I watched Matt Watson on CarWow do a road test on the Kia EV9, at the end he does a should you ignore it, lease it or buy it and he recommended that you should just buy it ( starting price £65k up to nearly £80k. I almost fell off my chair at his advice and thought wow, he’s telling people to buy one and essentially throw £40k down the grid in 2 years. Madness.

[@CRhodesDesign]

Matt lives in another world like all KZbinrs where money doesn’t mean the same as use normal workers. He has a garish Porsche 911 GT himself

[@bentullett6068]

​@@CRhodesDesignI agree. Its not just Matt either your main car magazines do similar things. At one point in time all the car magazines used certain cars as the benchmark car for reviews a popular one for hatchbacks was the VW Golf and whenever they did a competing hatchback they would review it but then say it was not as good as the VW Golf. This logic only worked to a point and I figured it out when they compared the other VW hatchbacks utilising the VW Golf platform as they would all be less superior to the VW Golf even though its pretty much the same chassis and car technology with a different body.

[@willcurtis7986]

Dude, you shouldn't be surprised... there is an agenda. It's left the station and the wheels are coming off. Solution? Deploy more propaganda! He works for car wow. Their core business is reliant on having a good relationship with manufacturers and dealers. Car wow probably receives considerable amounts of funding from them. He's not going to stand there slating their products or telling people the truth. Free thinkers find it pretty clear to see that anyone who spends £80k on a Kia needs psychiatric help and no independently funded motoring journalist with integrity is going to suggest buying one. I can't stand the guy so correct me if I'm wrong because I stopped watching a while ago. Have you seen a video from him where he says that an EV is a really bad car. Does he review them as a car, not as an electric car?

[@sonofdat]

Totally agree mate. i unsubscribed from car wow after that... That car should be the shining light as to why you shouldnt by an EV! its an over weight, over priced waste of resources and electricity.