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Most liked posts in thread: EV Running Costs

  1. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

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  2. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

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    In April, electric cars were the worst performing with values dropping 4.7 per cent, petrol cars dropped 0.8 per cent and diesels fell back 0.9 per cent.

    * Dropping like a stone!
     
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  3. Stafford Bantam

    Stafford Bantam Captain
    Moderator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

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    There are new EVs coming onto the market in 2024 and 2025 which are going to be priced significantly lower than their existing equivalents. These include a new Tesla, a new VW and a new Renault all with a target starting prices of around £20,000.

    This is due to reduced parts costs and economies of scale. The inevitable result of this, is that prices of existing EVs are being driven down and it was something I was aware of when I purchased my first EV in 2021.
     
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  4. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

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    Models of EV of around 8-10k are coming into the market this year or early next. Tesla know this hence them driving down the price of their own models.

    The value of current EV’s are going to plummet.
     
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