Change at Barnham
Well-known member
The massive depreciation across the board seems to be the biggest point.Worth doing your own research to confirm the stuff that comes from these Youtubers. Not watched this vid as yet (I will though!), but a while back my dad sent me one talking down EVs (also from a supposed previously pro-EV creator) and after watching it I did some of my own research. The vid had clearly been excessively skewed in the anti-EV direction. Whether that was for "the clicks" or other reasons, not sure, but the angle the guy was pushing wasn't backed by real world numbers. He'd "become aware" of a potential design fault (that could lead to battery fires) in a couple of models and then massively over-egged the extent of the issue in the real world (reality being it's more likely for an ICE to catch fire than either of the EV models he looked at).
About two thirds of EV's are be bought as company cars due to the tax breaks.
Dealerships apparently have targets of 22% for new EV sales in 2024 and that becomes 80% by 2030.
The motor trade need to sell new EV's and therefore aren't interested in having secondhand EV's on their forecourts and bid very low for them.
Insurance has also increased for EV's because parts are more expensive and alternative hire cars need to be provided for longer and EV's are being written off earlier than petrol cars.
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