EV range and driving styles

Thrugelmir

Herzlos said:

The same applied to ICE cars when they were new though. Give it another few years (and once the crazy used car pricing is over) and you'll be seeing lots of decent ranged EV's for under £10k.

Why would EV's fall in price so rapidly. Built well they should last many years and cover many miles. Generally they are premium models as well.  

Herzlos

Thrugelmir said:

Herzlos said:

The same applied to ICE cars when they were new though. Give it another few years (and once the crazy used car pricing is over) and you'll be seeing lots of decent ranged EV's for under £10k.

Why would EV's fall in price so rapidly. Built well they should last many years and cover many miles. Generally they are premium models as well.  

You can already buy 20-24 kwh Zoe/Leafs for £10k, now, with the crazy used car pricing. Once normality comes back there should be a huge drop, and we'll start seeing waves of todays "current" EV's hitting the 3/4 year old mark.

Petriix

I think hypothetical future pricing of today's EVs (hitting the second hand market in 2-3 years) is going to be influenced by massively increased demand and limited supply.

I've been watching the used EV market for ages. Initially I was waiting for Leaf 40s to hit the £15k mark. They never did, the lowest right now is about £16,500. Then I started looking at > 50kWh EVs. They're still around £20k for the cheapest Zoe ZE50s and CorsaEs.

I don't think you can apply the traditional ICE logic. EV sales are growing exponentially so, if you can somehow afford the entry price, savings and residual values will make it very cheap in the medium term.

ontheroad1970

Petriix said:

I think hypothetical future pricing of today's EVs (hitting the second hand market in 2-3 years) is going to be influenced by massively increased demand and limited supply.

I've been watching the used EV market for ages. Initially I was waiting for Leaf 40s to hit the £15k mark. They never did, the lowest right now is about £16,500. Then I started looking at > 50kWh EVs. They're still around £20k for the cheapest Zoe ZE50s and CorsaEs.

I don't think you can apply the traditional ICE logic. EV sales are growing exponentially so, if you can somehow afford the entry price, savings and residual values will make it very cheap in the medium term.

Leases will still run the same terms so there will be a regular supply from these.  It's the turnover of privately owned vehicles that may be scarcer.

Petriix

ontheroad1970 said:

Petriix said:

I think hypothetical future pricing of today's EVs (hitting the second hand market in 2-3 years) is going to be influenced by massively increased demand and limited supply.

I've been watching the used EV market for ages. Initially I was waiting for Leaf 40s to hit the £15k mark. They never did, the lowest right now is about £16,500. Then I started looking at > 50kWh EVs. They're still around £20k for the cheapest Zoe ZE50s and CorsaEs.

I don't think you can apply the traditional ICE logic. EV sales are growing exponentially so, if you can somehow afford the entry price, savings and residual values will make it very cheap in the medium term.

Leases will still run the same terms so there will be a regular supply from these.  It's the turnover of privately owned vehicles that may be scarcer.

Yes, but there will be far fewer EV leases expiring in 2-3 years than people trying to buy them at that point.