I've OWNED an ELECTRIC CAR for 3 YEARS. It's ALMOST TIME to HAND it BACK. I rEVeal the TRUE COST!

[@pedro.please]

if there was an award for youtubers that can drag their videos out, you would win the award of the century

[@hughdunit]

@@pedro.please but you know, I will still watch them 😏

[@organickevinlondon]

The Mac Master has NEVER owned an EV, as he has just been making monthly payments to drive one, whereas, I bought outright my Mini Cooper Electric, with no intention of ever selling it, 4 and 1/2 years ago, to replace my Mini Cooper 1.6 petrol, despite its manufacturers stated range of 145 miles, it works perfectly for me, as no matter how I drive it, i.e. on motorways at 72 mph, at any time of the year, including in the middle of winter, with whatever switched on, heater, air con, lights, wipers, it will easily do 100 miles, (170 miles is the maximum range I've got out of it), as 90% of the time I drive it, involves journeys of less than 100 miles, (I'm an ex international HGV1 driver, so I've done enough long drives) so I can do that under 100 mile journey, getting back home, to charge up at my local FREE public EV charging point, as I live in London, I don't need to drive over 100 miles in one day, that often, and on a London to Lands End and back 560 mile day trip, it only requires about 1 hour of en route charging, on the London to Lands End part of the journey, unlike the Mac Masters £120,000 Tayan, which manages, a very energy inefficient 2 and 1/2 miles per kWh of battery power, my Mini Cooper Electric, easily does 4 miles per kWh and up to 5.8 miles per kWh, so its damned cheap to run, especially with the FREE charging, servicing costs per year work out to about 60 quid and its tyres, last the same miles as they did on my old Mini Cooper 1.6 petrol, to me, "owning" a very economical small EV, is perfect, for both short and long journeys, instead of making monthly payments, on an overpriced EV vanity project, that I simply couldn't afford to buy outright.

[@ivanfernyhough3851]

Its s good job you have no intention of ever selling it because its now worth about 10 quid and will be landfill within a bout 6 years.

[@trickshotish]

@@organickevinlondon £10 well what a lovely buy that will be . I best get looking for a second hand Tesla . So what will I have to pay £20 lol can’t wait . I own a mg5 paid 22 grand for it two weeks ago but if I want to buy one 3 years old with 40 thousand on the clock they still want a minimum of £10 grand for it . According to the calculations I should be able to buy a 3 years old old mg5 for 50pence 😂

[@organickevinlondon]

@@trickshotish GROW UP you imbecile

[@mikemorley2797]

TAKE YOUR CAR BACK AND GIVE US ALL A BREAK!

[@bainies3272]

The takeaways from this: 1) Don't buy something for £120k without understanding the finance agreement 2) Don't buy a Porsche electric car as the build quality is questionable 3) The only way to make sense of buying a £120k car is to make KZbin videos EVery week of how miserable your experience is 4) Buy a Tesla, faster, better warranty, and if Lee thinks you look like a knob you are probably doing the right thing.....

[@jurycould4275]

Takeaway is don’t buy an EV. Done. Fixed it for you.

[@pinkoddballs]

It is a bit gutting that someone who can afford a Taycan and then is looking at a 911 can't even figure out how PCP works

[@johnlee4897]

Economics of a madman. 80 grand depreciation! Your extended warranty alone costs more than my diesel for an entire year.

[@NewWorldHoarder]

Not being rude, but how can a man have the funds to walk into a showroom and sign up for a £120,000 car but not know (or ask) how PCP’s actually work? 🤷‍♂️ The ‘balloon payment’ is there as a final settlement if you wish to keep it. If there is a shortfall, you chuck the keys on the desk and walk away. Excess mileage charges will be sought in your case, and any damage beyond normal wear and tear will also land you a penalty. Qualifications: long career in car sales, and several years as a Business Manager (the twat who sells all the finance products). 😉

[@lordkered]

If McMaster drops electric cars, that'll be a wrap for his KZbin career.

[@imagseer]

Unless he then flips and finds out he really wants an EV back because mechanical cars are no longer what they were before 2016.

[@mickhardstaff6605]

There is always fish and chips to rely on 😂😂

[@TheMacMaster]

Or I could always fly somewhere like say San Francisco and film that! Oh hang on... I did that today.

[@Tailspin80]

@@TheMacMaster The EV wasn’t to save the planet then?

[@petefisher9157]

Only the 302nd video about the same thing.

[@FidunFittu-gl3hg]

I thought it was his 298th video...

[@autobahnproven]

The video title should be: I've FINANCED an ELECTRIC CAR for 3 YEARS.

[@Hi---There]

@@autobahnproven Humiliating myself three yeas straight, for own money, in the name of EV(il)

[@Timmymao163]

He didn't even finance it, because that implies ownership. He just leased or rented it, and is paying for the extra miles at the end of the contract.

[@jsanders100]

Lee, are you really claiming you didn’t know this? Everyone knows they have the option to hand the car back!

[@stagghouses4826]

Moral of the story. Don't buy anything you cant afford to buy outright and except the losses (VAT) as you drive it off the forecourt.

[@DavidLynch-b5q]

I can't believe you didn't know this before. At the end of the agreement you can either return the car or pay remaining balloon payment to own it. It will be clearly laid out in your agreement.

[@robburford4168]

so correct me if im wrong, you've parted with roughly 70K over 3 years, and you'll own nothing at the end of it......that seems pretty mental to me and a v expensive mistake!!

[@SurrealWorldNews]

No...don't buy an expensive EV just to run around town in. Buy a small petrol/diesel car registered after 2010 and before 2017. Cheap on tax, insurance and one tank of fuel will last months.

[@philzvids3577]

I mean this in the nicest possible way, but I can't believe you signed a £120K PCP agreement without understanding the terms! I thought the garage had a legal obligation to make sure that clients fully understand what they are signing for. Very few people pay the final 'balloon' payment and keep the car. Generally, they sign a new agreement and have another car. As you said in the video, if you want to walk away at the end of the agreement you can, as long as you cover any excess mileage and your monthly payments were all made. What I hate about PCP is that you are basically renting the car (at great expense!) At least with HP you get to own the car at the end of the agreement. The only danger with HP is that if you have trouble paying they will literally take the car back, so sometimes it's better to get an unsecured personal loan. But the bottom line for anyone considering borrowing is if you can't afford it, don't enter into a finance agreement.

[@davidtaylor7477]

Don’t be fooled, he knew!

[@YOUNGBEHR]

Now into my 70's Petrol & Diesel's will still be around during my lifetime and I certainly won't be buying an EV.

[@BionicRusty]

Almost time? Nearly a year away. Come on, Lee. 😂 And I cannot believe that you’re thinking of another ev. 🤯

[@DwaynePipes]

That looks accurate in the MacMaster universe. Remember, "The chargers are ALWAYS BUSY"! (Except when they're not). 😂😂

[@kevinwhite8836]

@BionicRusty I bet he packs his suitcase, 6 months before a holiday too 🙂.

[@malcolmsutton6740]

That about the PCP is not a revelation, it is part of the normal conditions.

[@hunchanchoc8418]

£1777 a month for 3 years, to not own anything at the end of it. Geoff's new car cost him £1500, once, to own. And as Lee's mum said, Geoff's car transports him from point A to point B, just like the Taycan, but with the bonus of no range anxiety.

[@EverydayLife621]

My understanding is that Lee was paying around £600/month ??

[@peterbunting8485]

@@EverydayLife621 he must be paying alot more than £600 a month or put down a big deposit as the porsche was £120,000 new then after 3 years he owes £54,000 on it.

[@steveross8326]

Sounds like you haven't fully understood how a PCP agreement works. If youre going for another Porsche, get it from the same dealer, any over the top mileage, or minor damage penalties will be miraculously forgotten.

[@roystonclough6993]

When Salesman see you coming , bet they can’t stop laughing .. Another Tom Ford suit for me , The salesman says ..😂

[@chrisaris8756]

Yes that’s right. All PCP agreements are the same. We had a car on PCP and once the finance term expired we could just hand the car back as long as it was in the appropriate condition. Had we wanted to actually keep the car we would have had to pay the outstanding balance. And yes if you’ve exceeded your mileage allowance you’ll have to pay for that.

[@jimreece7615]

On the bright side; it’s been more reliable than a JLR ingenium !

[@jep1912]

YOU DIDN'T 'OWN' ANYTHING............ YOU RENTED IT. ffs.

[@grantrandall1674]

@@jep1912 I used to think like that but why do you need to own anything? you just need to right to use it!

[@richardr2716]

@@grantrandall1674 sometimes renting is the best way to be that way if u find yourself in financial hardship and bailiffs turn up they can’t take anything

[@johnathanpearson3203]

You will own nothing and be happy 😅

[@ultrono23]

Most I know with an electric car have one just because they fast and have disposable income. I have no doubts that one day EV's will be the standard. At the moment there's essentially no second hand market. the infrastructure simply isn't there at the moment and the plethora of issues with batteries. If someone was forcing me to buy an EV today, I certainly wouldn't be buying a Porsche. I'd probably get a Tesla, which are still expensive, but in the ballpark of a petrol car. Long time viewer here, I'm blown away you're even contemplating another EV.

[@pauldowninguk]

Hang on! I thought you bought the car on normal finance? That's what you said at the start and the reason why you would be out of pocket. If you can just hand it back, and have only had to pay the monthly payments what's the problem? Porche have suffered the loss and not you? Come on, what's the truth 😋😅

[@djhvideo]

Exactly what I wrote. Assuming he was happy with his monthly payment (And initial deposit) then he has no risk whatsoever. At the end of the PCP either hand it back or pay the final payment to keep the car. This final payment is set at the start so no risk to MM. He has been stringing us along all the time. With falling used prices i reckon it's obvious to hand it back. So there never was "negative equity".

[@kevinwhite8836]

For someone who details every little thing, I find it hard to believe he didn't understand how a PCP contract works 🤷. It states it everywhere on the paperwork how it works and that you can simply return the car at the end or purchase it and pay the balance. Most also give a guaranteed value at the end date, so you know the balancing payment you would need to make from the outset.

[@markmitchell4179]

I know lets take advice on EVs from a man who thought he'd bought a car (for 120 grand) when he actually hadn't.

[@watchanything-c7r]

it more like a lease cant stand people when they say they own it when they dont as its actually pcp which is actually similar as lease

[@Paulburnard]

Strange comment as the running costs are the same if its bought or leased.

[@TheMacMaster]

TAKE ADVICE FROM SOMEONE WHO HAS OWNED AN EV for 3 years!!!! Electric Cars are SH*T!

[@DwaynePipes]

​@@TheMacMaster "HO HA"???? Either Santa is drunk or someone needs to borrow their young son's spelling aid cards...yet again! 😂😂😂 Edit: I see that you corrected the mistake. Sobered up?🤣🤣🤣

[@Tailspin80]

@@TheMacMaster My objection is that they are like cooking on a microwave when you could be using the barbecue.

[@R8135003]

next time read the agreement before you sign. or take a grown up with you. standard ppc policy. happy days.

[@andljoy]

You will own nothing and you will always be charging .

[@autobahnproven]

@@andljoy CLASSIC! 😉

[@infinitelimitlesslightx5437]

😂😂😂

[@GraemeCampbellMusic]

We never owned anything in the 70s and 80s, we rented our TV, Video, washing machine, house etc

[@DJRyanJamesUK]

@@GraemeCampbellMusicdid we? The only thing I don't own outright and that is yet is my house?

[@MrBigbangbuzz]

Gold 😂

[@dghdavies]

I'm astounded you haven't read and understood the T&Cs of your finance agreement, what it did and didn't cover and for how long. To help you make up for this I can offer you a 50% discount on my new development of beach front properties in Birmingham.

[@willbee6785]

@@dghdavies 🤣🤣🤣🤣

[@Ian8008]

It's a revelation to me that you entered into a £120,000 agreement without understanding what you were committed to!

[@davidhumphreys9938]

He probably did know, but he kept it quiet so that he could make numerous videos about how much he has lost on his car!

[@ricardas16]

@@davidhumphreys9938 he's after all click bait master

[@NeilBarratt]

I wouldn't be surprised if his accountant thought it was a good idea. I had an accountant who thought his role was to minimise my income tax rather than maximise my income.

[@paulnewman9275]

@@Ian8008 Maybe he was naive enough to believe the hype ? Reality is very different .....

[@DaveVantage]

Mind blowing isn’t it 😂

[@Matthew_Loutner]

Guy rattles off a whole list of repairs he had to make to his brand new Porsche and concludes that Teslas are "garbage." 😂

[@jaza23-jo6ze]

😂😂😂😂😂😂😂😂....the twat master

[@ivanfernyhough3851]

All evs are garbage.wouldnt touch one with a barge pole.

[@jep1912]

You've basically rented a milk float at extortionate cost because you thought it would place you above the little man on the road and within suburban hell... And own... NOTHING. So, you now have to find another car, with no part-ex to trade-in against it. CLEVER, VERY CLEVER.

[@davidviner4932]

You never owned it, you rented it until you paid the balance due

[@curtisj2165]

Very expensive rental. All that money spent and no car to show for it. Madness

[@rosshornby8968]

Most car finance agreements allow you to hand back a car if you have payed 50% or over at any point in your contract , you simply tell them to collect it and you walk away from it 🤔

[@RobinOsborne2312]

Porsche Nottingham are totally correct and I am amazed you didn’t read the agreement properly. We have always used PCP for this exact reason -ie if the bottom falls out of the used car market you can still get out of the vehicle without being penalised. Your excess mileage will be quite expensive mind. Good luck. Keep up the the great videos

[@peterbunting8485]

So it's cost you what..........17 or 18 grand a year to drive around in a car that doesn't really suit your needs? And after the 4 years you have nothing to show for it other than no car and alot of wasted cash?!

[@ellisjames8517]

After every sentence you need to say “unless you get a long range Tesla” 🤣🤣🤣

[@pogglefishii6807]

Yes, all PCPs work like that - the guaranteed future value works *both* ways, they must honour it too. If the car is worth less than that amount at the end then they have to swallow the depreciation if you hand it back.

[@robblack7560]

@@pogglefishii6807 I would hate to be the loss adjuster for that PCP Company.

[@raymondcragg7282]

Serious question for you. Why would you buy an electric Porsche when one of the main reasons to buy a Porsche is for the throaty roar of the engine?

[@PsychedMedia]

Even the latest 911 sounds like a vacuum cleaner

[@sacks7544]

How would you not know exactly what you needed to pay at the end? Option to purchase fee is if you wish to buy the car outright.

[@RicardoPetrazzi]

Rowan Atkinson agrees after 9 years of EV ownership.

[@tonyc2837]

The salesman is correct. The balloon payment at the end of the four year term GMFV , guaranteed minimum future valuation is the figure they work off . Unless of course it’s worth more. But like you say if you’ve exceeded the agreed mileage you’ll have to pay so much per mile above what was agreed.

[@bamboozooka-yk7qn]

leased = rented = you didnt own it and you were happy

[@ashleylaw]

Yes. His use of language is not good.In fact he perpetuates the illusion for the ruling class. Still not to worry you can bet he took the interventions so he has not long now. Be generous and laugh along. Sad though.

[@RonDeeks]

Why should i like the video before i've even watched it?

[@michaelbenton4117]

I watched about two mins and turned off, all he does is moan about the price. Lucky he can a ford it, many can not. Me being one and no I don't want one.

[@chrisbell5248]

I can't believe you entered a PCP plan without understanding how it worked. And then you are shocked by the deprecation - nothing to do with being electric car but more about being a high tech luxury car, the depreciation is no different to what you would expect from a high end luxury car like Jaguar.

[@john-g7l3c]

why would you enter such an expensive finance arrangement without understanding the terms? Foolish.

[@steviewylie5267]

As others said not exactly nearly time to hand it back if there's another 10 months to go hahahahaha 😅😂

[@charlieking6718]

Almost time to hand it back !!! 10 months 😂😂😂

[@peterbunting8485]

Yeah, 10 months is long term car ownership for me!

[@rodneyelliott5995]

I have a 15 year old SAAB 9-5 Edition Estate, auto, 1.9 diesel I bought at six months old. It’s comfortable, full leather, roomy adequately quick, loads of space for four adults and two dogs and has adequate gizmos. It’s not particularly economical on fuel because it now does mainly short journeys, but I always use premium diesel and Millers diesel additive. It’s never failed an MOT. It’s just passed again with a full service and two front wiper blades, by a SAAB trained motor engineer, at the scary cost of £400! Shortly after buying the car and to improve the ride comfort, I swapped the 17” LP rims/tyres for five 15” rims and new Michelin tyres, all for £600, selling the four 17” rims with the LP half worn Pirelli tyres on eBay for £250 and, so far, I have only had to replace the front tyres just once at £75 each. It’s had two new timing belts, the most recent as a precaution, at around £300 each time. It’s also needed a couple of batteries in that fifteen years. The VED is a bit punitive, but I can buy many years of VEDs for one year of depreciation on any EV, never mind a daft poser Porsche. I bought that car in 2010 at £22k! Geoff may like this story! Oh, I also had it re-undersealed a few years ago, again as a precaution.

[@timford4873]

45% depreciation in 2 years and still falling. Soon to be scrap 😂 How environmentally is that ?

[@FFVoyager]

It's not scrap you halfwit.

[@Yorkshireasaurus]

Muppet.

[@kevinwhite8836]

@timford4873 why would it be scrap? The batteries and motors are warranted for 8 years and you can cover it with an extended warranty after this date up to 15 years or 150,000 miles.

[@deansh8506]

I hate my electric car so much.... I might buy another one next year 😂😂😂

[@kcebliks]

Would you watch a video on how great my petrol car is, not much youtube earnings from that. Lots of ICE owners like watching videos that slag off EVs, not so much the other way round as we've all owned one or two at some point.

[@philmcguinness669]

So you didn't understand the contract you were entering in to then

[@MartySulls]

Your "really good friend at Porsche Nottingham" is only pretending to be your friend. They call it sales talk.

[@jebtaifanc56]

As others have said you haven't bought anything. You will have been renting it for three years. And who in their right mind would actually buy an EV with crippling depreciation. Price new £125,000 & after just over 2 years £30,000 ( If you're lucky & dropping by the hour) I'll stick with fossil fuel or Hydrogen when they replace EV's

[@jerrysaunders4341]

Did you not read the PCP agreement when you got the car? If you look at your agreement you will see that there is a final value figure of what your car is going to be worth at the end of your agreement. This is a guaranteed value which the dealer should have explained to you when you purchased the car. Your repayments take this value into account so when it's time to hand the car back you should owe nothing unless you've gone over the agreed mileage or the car is damaged in anyway. It beggars belief that you paid 120 grand for a car on a PCP deal but don't understand how PCP contact's work. God help us 🙄

[@claymore1971]

I would rather pay extra for an ice car than own an electric car.

[@zaneta3880]

I rather pay less for a diesel car😂😂😂😂

[@actualfacts1055]

What's the difference between an old radio and a Tesla, the Tesla has the knobs on the inside.

[@lawrenceappleyard3971]

I watching you video about handing your car back. I thought you just handed it over or paid the final agreed payment. I could be wrong. I went to buy a new car yesterday,I set off to buy a hybrid. But came away with a 2.0 lt diesel. It isn't your type of car but it's got as many extras fitted as your milk float. It will be my 5th Skoda. It will be my last I will be buying as I'm coming up to my 73 birthday. I ended up with a newest model Skoda Superb Diesel Estate 2.0 TDI 193 L&K 4 x 4 DSG. Hope you've ordered your 911.

[@Andy-zi1wj]

Has that got the £600 a year tax

[@FactsnotFiction555]

At last! The MacMaster reveals he's on PCP deal!.. and there's always been light at the end of the tunnel. Lessons learnt from this.. read the contract before you sign it, you should have known you can hand car back. The residual problem was always Porsches problem, their the ones that got their calculations wrong. Your other problem was your mileage prediction, at 14k you were wildly out and will have to pay. As for your choice of car once you decided to buy an electric car, and I'm going to say it, in your circumstances you should have bought a Tesla! Reasons why?.. Firstly 4 year warranty, £1300 saved.. Next to no servicing costs, thousands saved.. Proven battery life and finally, cheaper and more reliable public charging. And FYI I don't own a Tesla but I do lease, a cheap PCH deal, an electric car which I only charge at home, as well as a hybrid car and a petrol car. What ever you do in 10 month's time don't "buy" another electric car and stick to making your food videos.

[@killmozzies]

This man is a lesson in life of WHAT NOT TO DO.

[@holdontoyourwig]

Ive just driven from Durham to Berwick and back again. 193 miles round trip. My Mg has a range of 270 miles. Got back home with 66 miles left in the battery. Only 11 miles less than it claims. Cost....about £5 to charge it back up at home. Obviously its no good if you travel hundreds of miles a day......durrrrr. For 99% of drivers an electric car is FARRRRRRR cheaper to run that a petrol or diesel.

[@wokelefty]

Imaging buying a £100k electric car only to find out you don't like electric cars. 😂

[@actualfacts1055]

You never actually owned that electrocuted squashed cockroach after all.

[@TheMacMaster]

Yes. A PCP is not a lease, but it is a type of car financing that gives you the option to buy the car at the end of the contract: personal Contract PURCHASE!

[@dndkillaztreble5317]

@@TheMacMaster lol these people have no idea how finacing works they assume all finance iis HP pcp has allways been give the car back or pay the baloon

[@Facts-my-arse]

Please clarify, who CURRENTLY OWNS the car, you or the finance company? @@TheMacMaster

[@actualfacts1055]

​@@TheMacMaster Interesting.

[@RobinHopwood]

No disrespect but it's not your car it's on HP.

[@patpending8134]

PCP

[@stevewhitmill2037]

None of us, apart from cash buyers, own their cars.

[@Blackjack984]

EVen if you buy a car with cash the chances are it's borrowed from a bank, don't keep up the repayments and they'll be having it back off you so is it really yours ?

[@akhenaten01]

I still can't get my head around paying 120grand for a car

[@ohyesitsme]

If you are a poser then it's easy to sign on the dotted line.

[@robblack7560]

@@akhenaten01 We all will if Starmer stays come 2030.

[@DwaynePipes]

​@@robblack7560 What? In 2030 we'll all have to pay £120k for an electric car! That's a bit much even for Labour!😂

[@robblack7560]

@@DwaynePipes Wasn't talking about the price but the depreciation, financing, problems charging, maintenance etc.

[@DwaynePipes]

@@robblack7560 oh! In that case; Even if this "mandate" continues until then, the vast majority of cars will still be ICE and will continue to be so for a long time! That's what the numbers say anyway. So don't fret until at least 2045. But even then if you look after your ICE car it will last for many years to come. You won't have to touch one of the those nasty EVs for years and years!

[@OttoTalksAi]

Another electric car as a replacement for the views of course

[@ricardas16]

he'll probably keep this one

[@kevinwhite8836]

@@OttoTalksAi He will get a Tesla next, given how much he slates them 😆.

[@davidtaylorbfd]

Can't believe you didn't know you could just hand it back after the PCP deal ended 🙄🤔😀.

[@actualfacts1055]

Nothing surprises me with The MacMaster.

[@sirmarkstallard8991]

He did but has to make content somehow

[@Andy-zi1wj]

More money than sense I guess

[@duncanmast]

I was saying this all along to myself when he was doing the how much has my car lost in value videos. It's only an issue if he had got a personal loan or bought outright with cash. With PCP or Lease the finance company takes the hit. However if the book price is more at the end of the PCP you win as the finance company can't retrospectively increase the final payment. The Extra mileage rates are pence per mile so he may only have to pay a few hundred pounds for that but it will all be on the agreement.

[@kevinwhite8836]

The biggest issue with Ev's is depreciation. Just buy second hand with an extended warranty and you have a bargain.

[@xrphellcat981]

Guess How much you'd owe if you just bought a car that you could actually afford without finance........😂

[@Anonymous-ib8so]

I used to work for a finance company and we always found it amazing that anyone would be daft enough to buy on PCP. You are paying masses for a car that you do not own and when the lease term is up handing it back with nothing to show for the thousands you have paid in the meantime. You are like a hamster on a treadmill

[@Pete68T]

All New Cars are a Wast of Money

[@Rambo9700]

It just allows people to drive cars they couldn’t afford. He says he owns it, well if he owns it why is he handing it back?

[@nigelturpin3533]

I don't think I actually live on the same planet as this bloke...so much money spent on moving around...demented...

[@Tailspin80]

@@nigelturpin3533 It’s a statement car. “I’ve got so much money I can afford to waste more than you”

[@PhilipFord-x4b]

For a supposed premium brand the reliability and build quality is shocking

[@shandybills]

Well i bought a Tesla model Y £54000, 3 years old never had to take it to a service centre. It still lokks new inside and out. Its as fast as a Porsche has better milage better charging infrastructure, better computer, updates several time a month at home. has more room inside. has a frunk for storage, has entertainment like netflix, Plex etc. can play games whilst charging, can also use Zoom for meetings whilst charging. Mines still worth £30000. I agree if you hav'nt got a home charger then EV are not viable. as for your comment that Tesla are Garbage, they seem better in everyway apart from the Porsche looking much nicer but £120000, who's the Knob?????. and yes most PCP's you can can just hand back after your contact finishes and if on finance return car to finance company if you have repaid at least 50%, the finance company takes the hit on revalue sale. Tesla Yeah Porsche EV shite although they look great. Just my opinion of course.

[@tommot7236]

Sorry mate, can't watch anymore of this as not only am I not interested but I cannot raise any sympathy whatsoever. Apologies - bye bye!

[@TheMacMaster]

Never asked for sympathy.

[@stevegarry181]

Personally I think saying all Tesla owners are nobs is a bit harsh. Historically most Porsche owners are nobs

[@actualfacts1055]

Only a two year manufacturers warranty, if I understand it, that's ridiculous.

[@glyngoold2659]

@@actualfacts1055 three actually

[@actualfacts1055]

​@@glyngoold2659 Yep, I was going to correct that, thanks.

[@WeAreAllDoomed-n5i]

As usual Lee, I'm shouting at the screen, saying "Get on with it! God you don't half padd it out!

[@TheMacMaster]

Don’t blame the Player, Blame the game x

[@SierraNovemberKilo]

He's got to get the minutes you watch to get a YT payment. This is his income source & he clearly needs every cent by the sound if it.

[@kalex381]

Do we need to spend 60k+ or even 120k on an EV to buy veggies?? I get them delivered for free at home…

[@segacollect]

When I have had PCP in the past there was always a guaranteed final value which covered whatever was owed. If you get a good interest rate then PCP deals can be a great way to have a nice new car for a few years without worrying about values. I’m surprised the person who sold it you didn’t make all this clear at the time, although getting a new car is very exciting so maybe you weren’t listening 😅

[@Karl-q6j]

You didn't pay £120k at all you got it on finance which will include interest so plus £120k.

[@steveb9989]

Place your bets that he ends up with another electric Porsche.... after all, he'll lose 50% of his content if he does end up with a petrol 911...the other 50% being Fish & Chips and moaning about £1000 plane flights...🤡

[@dadys31]

Nope he will get a Porsche petrol car instead 😂😂😂

[@andysmith2855]

I’d investigate if you can do a VT (voluntary termination). If you’ve paid 50% , you can walk away (may be subject to the excess mileage charge) now 👍

[@Jan-iq5sm]

I’m a bit concerned about Your judgement, Lee . This deal was obvious to most : a rip off .

[@davidgray1037]

£120000 to run around for 3years joke

[@DashDriver-z1r]

Not that much if he has pcp he owes the Final agreed value is 50k, so its 70k

[@actualfacts1055]

Get a beige Toyota Camry, nothing goes wrong with them.

[@AlexLancashirePersonalView]

Definitely think you should change your name to The ChipMaster.

[@pj1043]

Or Fish'nChips McMaster😂😂😂

[@SteveR-w1q]

I’m about to hand the car back IN 10 MONTHS🤡🤡

[@TheMacMaster]

I'm not the clown! You commented $$$$$ 31k views x

[@richarddoherty5987]

In limited uses cases (eg for tootling around town and where one can charge at home on a drive ) BEVs have their place. They are not however a 'one size fits all' solution to a (perceived) problem. PHEV's would be a more pragmatic solution. The full life cycle carbon emissions of a BEV EXCEED those of an ICE. The greater the range the worse this gets. The 'green option' imperative is UTTERLY bogus. Emissions are simpy displaced in time or space. The practical issues of BEV ownership include The obvious range anxiety issues and the stress of trying to plan lengthy refuelling stops that may well involve downloading apps and information exchange with random 3rd parties. They depreciate faster than a falling brick. Should the battery be in any way compromised (even in a minor shunt) this can be a VERY expensive repair. Also potentially in a worst case sceanario when damaged it can result in an inferno. For the above and various other reasons they are more expensive to insure. Thanks to extra power and the extra weight of a battery that typically weighs the thick end of 20 bags of coal they chew through tyres. Generally car manufacturers are turning cars into computers on wheels. Personally I don't want any 'smarts' on my car beyond ABS and power steering. I don't want to have to use an 'App' to interact with it. I don't want to have an 'immersive experience/relationship' with it. I simply want it to go from A to B devoid of all opinions. I would like it to have a spare tyre.

[@moragkerr9577]

No, life is too short to refute all these falsehoods one at a time.

[@simonhutchings6073]

Bin the EV and keep hold of the Volvo 850 sorted Lee 😃👍

[@andrewellison1203]

I agree Lee 👍

[@geoff37s38]

You did not pay 120K for the car as you keep claiming. You entered into a finance agreement that you did not understand. You agreed to pay a specified number of regular payments and if you hand back the car and terminate the contract early then you still owe the future payments.

[@simonw178]

not entirely true. Under a PCP contract once you've paid half the total amount due you can walk away.

[@geoff37s38]

@@simonw178 He keeps banging on about the terrible depreciation, but it was never his to sell. This was more like a long term rental agreement. It is the finance company that wears the depreciation. I wonder what his monthly payments are?

[@sushiginger444]

@@geoff37s38he did say once. Think it was about £1200 a month.

[@geoff37s38]

@@sushiginger444 he has a great deal. Payments less than depreciation. Finance Company will lose big time.

[@bertiebassett2823]

Couldn't you make up the payments delivering milk on a weekends 😊

[@Tailspin80]

@@bertiebassett2823 How does it work out if he accidentally wraps it round a tree?

[@davapod]

My 2006 Mazda 3 is still getting me around without issue. I do the basic servicing myself and would not be surprised if it lasts another decade.

[@PaulCopp]

Its sounds as though all of the headlines about losing a fortune on the car was false information. It was never purchased outright, but on a PCP deal where there is an agreed future value at the outset, so any value on auto trader etc. is irrelevant, you can hand the car back at the end, and provided you have complied with the deal, nothing will be owed. As for comments about 'would you buy a used EV?', well yes, that's exactly what I did, after someone like your good self had kindly paid for all of the initial depreciation. If you buy the right EV, having done some research, there are bargains to be had on the used market. Just over two year old Tesla model 3 with low mileage and two years warranty and 6 years battery warranty remaining, for almost half of the new price. Super fast, cheap charging on a network designed by the car manufacturer, zero maintenance costs, and almost runs for free when charged at home, what's not too like? I can agree on needing home charging to make it a realistic proposition though.

[@CosmicSeeker69]

You just summed up the sort of divvys that consume this garbage..

[@davidmcintosh644]

So, lets get this right you 'purchased' a car for £120k and didn't know or was told that at the end of the contracted time you could hand it back providing excess mileage and damage (not wear /tear) is payed for. That really says a lot about you. I suggest you follow 'Dave takes it on' - it's not too late to learn pal.

[@blackcataps]

Even I knew that when we terminated a mini PCP my wife had however the car still had value towards the next and had not lost 60% or more of its value 😳 Does make you wonder how easy it is for Lee to spend £120,000!

[@doriangray6985]

Not so much a purchase, as a lease

[@mickandsejstock9207]

Far too generalised - in the case of premium cars depreciation, warranties, running costs eg tyres will always be an issue. The distance to the dealer seems excessive if you need to charge to make it there & back. I have bought a brand new family sized EV at a 38% discount on no deposit, 9k balloon, correct mileage for my use, 7 year warranty for just £40 pcm more than my previous smaller ICE from the same brand. I counted the 1K cost of the home charger in my sums. My 30 mile cross country each way commute has dropped from £8 in petrol to just 50p a day, and I can get 3 days with mileage in reserve, between 80% Octopus Intelligent Go top ups at £3/tank. EV works for me and doubtless for other people…

[@hibongs804]

Buy a cheap car and put the Taycan in storage for the next 10 months

[@robblack7560]

@@hibongs804 Good idea.

[@glynowen6507]

PCPs were introduced into the UK over 25 years ago. Your revelation that you could hand the car back at no cost(with the exception of excessive mileage costs) is pure BS. That option has been part of any PCP contract since day 1 and would certainly have been the case with your car. I don't think you are stupid enough not to have read the contract when purchasing such an expensive item. I can only conclude like a lot of your videos this is just designed to wind people up. If I'm wrong and the option to hand the car back and walk away was not on the VW finance agreement I would report them to the FSA as the contract would be illegal. Having spent 20 years in the car business I know for a fact that the option would have been there. The final payment that exceeds the value of the car will indeed produce a loss, a loss that will be incurred by the dealer if you hand the car back and walk away.

[@djhvideo]

Mr MacMaster, you are a naughty boy. Ages ago you said the car was bought using a loan. Now you say it is (presumably) a 4 year PCP deal. A PCP deal means you will be given a "balloon payment" which is how much you pay to keep the car at the end of the deal (if you want to) plus a fixed monthly payment for 4 years. With PCP you do not need to worry about "negative equity" or how much We Buy Any Car etc will give you for the car. Due to falling used EV prices the car will be worth much less than the balloon payment that was set when you bought the car so you will walk away after 4 years and the finance company will take the loss. I like your videos. I watch every one but you have made a lot of videos showing how bad your EV experience id financially in order , I guess, to increase viewing figures. Well, It worked. Good luck with your Taycan until your PCP is up. I think you really like the car. What i suggest is that you walk away from the PCP deal and then buy a 3-4 year old used Taycan on the used market. ideally from a Porsche dealer and you will be quids in... (I own (outright) an ID4 and a Zoe.)

[@rbnhd1144]

Why post the same comment under two names?

[@dougedwardsyachts]

Two people close to me have gone from full electric back to hybrid, both have home charging too. I’ve got turbo petrol and turbo diesel and no plans to change in my lifetime.