Here in the USA I am seeing many more Teslas on the road with dents that I assume come 11 foot poles. No one in their right mind would touch them with a 10 foot pole so potential EV buyers have to go just that much further.
@@Unmasking_Viandalisme or better the other way 'round - a Tesla Plaid (or whatever they are called) ICE- converted might attract petrol & piston heads.
@@Unmasking_Viandalisme Electric Classic Cars is a disgusting organisation, hell bent on destroying our motoring heritage. It ought to be closed down, and the owner put in jail. Permanently.
All sing Where have the batteries gone Long time passing Long time ago Gone to landfill every one When will we ever learn Long time ago Where have all the batteries gone Covered in poisoned soil ever one When we ever learn I will never know Kind regards to all which ever side you occupy
When in UK a £32k EV can be Registered and then sold as "Used" a few months later with 10 miles on clock for £18k there is a structural problem Yet the shills are still trying to talk them up
We are certainly living in a day where politicians, and maybe half the population, will never back down on their ideology as the city burns down around them.
But is the way they cook the sales most are registered at dealers as demo cars and then sold as second hand, do not be fool by the crooks in government.
My son works in an Audi dealership here in Ireland. A guy came in with a three year old electric Audi he'd paid 90k for. Salesman told him it was worth 18k on a trade-in. The guy nearly needed an ambulance.
I've had a chap crowing about his EV and how he plans his trips taking in charging stations and break times; 'How often do you drive non-stop in your 600-mile range diesel anyway?' I said my 2005 Mondeo is still in perfect working order, easily sellable, and how much was his EV going to be worth in 18 years? Probably scrapped a decade before that.
in reality its not even worth 18K -- the dealer will sell it for a loss, give little discount on a new car and will being forced by head office to give an over the top valuation ie 18K to generate business. 10K would be the real value.
Apparently Cybertrucks are now close to being made in RHD configurationfor Australia, so any guess that all of them will be leased not purchased outright. I dunno how they can come here as they're totally illegal under ADR's.
@@zonavarbondagoo4074 Apparently, Elon is sitting on over 4000 unsold Cybertrucks that nobody wants to buy. The early adopters all seemed to put their Cybertrucks up for sale within their first month of ownership. Which tells you everything you need to know.
I have bought three cars in my life. All new. None leased. The first one, I drove for 24 years. The second for 15 years. I never cared about the resale value, because I intended to keep them as long as possible. Same with my third one, that I have now had for two and a half years. If I had a lease, it would end in six months.
@@MikeJones-mz5ig Have you been watching his videos? He's been criticizing the financial risk from EV batteries failure and thermal runaway fire risk. Now news has been coming in CONFIRMING those problems. In this video, depreciation is a problem for finance companies. For fire risk, an EV battery fire in a Korean under garage in a high rise building caused over 100 vehicles to burn, 23 injuries from toxic gases, temporarily relocating residences due to electrical water line damage.
Korea had the sprinkler system turned off. EV fires hardly exist. Look up the stats. 23 in Britain. 7 in Australia. Sales growth is through the roof globally. Yes, I've seen misleading videos. @@Andrew-nh5zg
That's their goal all along, to eliminate private car ownership and the physical independance that comes with it. Absolute monopoly of the physical transport sector by the government.
Here in America our Govt and Politicians are literally breaking our laws to push these vehicles on us Safety Be Dammed ! They don't care why should they as this is Pure Government Over Powering the Will of the People, This is but one of the many reasons why No One should Ever buy one. Blue Tooth Electronic Door locks Keeping you in your car while it pops and smokes !
Nonsense. They still want us to go to work and do a job for the taxes we pay and to keep economy going. Most do not work from home and the public transportation cannot take everyone to work. Therefore, they want us to have cars. This conspiracy is not well thought out.
Welcome to the New WORLD Order, where Klaus Schwab, leader of the World Economic Forum, (WEC), infamously stated: The people will own NOTHING, yet they will be HAPPY. (?) We also have J.D. Rockefeller who infamously stated: "I want a nation of (mindless) WORKERS; not a nation of thinkers."
So cheaper new EVs are outcompeting used EVs. What makes you think used ICE cars will not be affected by the exact same disruption? If you think people will buy your used gas car for more than they can get a new EV for, you are living in delulu land. All cars are competing in the same market, and ICE cars are not winning.
I remember watching a motor garage guy channel on TH-cam many years ago in that he leased a Chevy Volt. He liked the car. So much so he wanted to buy it at the end of the lease. So he found the used market value was say $5000. The Lease company wanted $10000. They wouldnt budge. So he let it go. When the guy came to collect it, he asked the guy what happens now. He simply said "Oh I take it straight to the auctions and it will go for $1000 maybe! Happens all the time!" This was like 6 years ago.
Is that the guy who said hydrogen was the future than abandoned that idea a few weeks ago after selling his now worthless cars to thousands of people? Good quote though.
@@evfactsnotliesplease As of today Toyota is still building and selling the Toyota Mirai with a 1.24 kWh battery with a range of 402 miles. The Tesla Model Y has a 81 kWh battery that's nearly 70 times larger than the Mirai yet has less range . 🤷♂🤣🤣🤣🤣
@@evfactsnotliespleaseToyota thinks in decades. Toyota's hybrid research started in the 1970s during the Oil Crisis, and the Prius development started in 1992 with advances in rechargeable batteries. And in 2024 nearly half of Toyota sales are now hybrids. It takes decades to perfect technology and make it safe and cheap enough for mass-market adoption. Hydrogen research is continued for 2030s and 2040s after the hybrid era. It's also being tested in semi-trucks, public trains and buses. There is a reason why Japanese firms are one of the oldest in the world.
Dude, I bought a 2001 Oldsmobile in 2012, with 32,500 miles for $3,250, I am still driving it and am an old mechanic. This is what inexpensive transportation looks like! Please enjoy your Jaguar and I wish you the best with its electrical challenges.
@@melissasmess2773 Last car was a 1998 XJ. Bought 2001, part exchanged for the F Pace after twenty years of use. Few problems. Fingers crossed, hope the new one is as reliable.
The average consumer out numbers the numpties who believe in this trend, therefore it will never be mainstream in our lifetime, also the average consumer cannot afford these shitboxes.
@@oldbloke204 I cannot believe you said that. You obviously have no idea mate. You think electric vehicles is what I am talking about here? Maybe you don't live in Britain or Ireland.
@@scaryfakevirus I know exactly what you're on about as your username says it all imo. And no I don't live in those countries as we live in Australia. Don't like it then move elsewhere as most of our families did in the past. Things could get much worse yet. Enjoy.
@@oldbloke204 I am in my 70s and I can't move for many reasons. And you think that will make any difference anyway? And no it's not all about my username either, it's about far more than I can say on YT. You have a very simplistic view of life mate. They don't call Austrailia Ausjailia for nothing. I don't think you understand what is happening to the world.
During your posting hiatus a truck carrying industrial sized lithium batteries overturned on USA I 15 in CA resulting in fire with the major impact of shutting down the freeway use between Los Angeles and Las Vegas for near 2 days. Emergency services were required for stranded motorists in peak summer heat.
That's actually quite funny. So anyone in an EV would only have a short period where they could use their aircon, but proper cars could sit there for two days just ticking over with their aircon on full. Yes, quite funny is that.
@@BD-bditwthat's a bit of an exaggeration. During disasters, I've used my gasoline vehicle for emergency backup power and it runs about 11 to 12 hours.
It's not just the battery. No right to repair. Used laptop on wheels. High power electronic. One bad sensor or wire will brick the car. Limited information for after market repair shops. Equates no value
@@ronlanter6906 I've had faulty electronics make it so my car didn't recognise the gear it was in and therefore wouldn't start. I've bad a faulty pedal sensor cause it to only allow 1000rpm. I've had another faulty airflpw sensor not allow it to start either
I guess if you were stupid enough to buy an EV in the first place then plummeting resale value is lesson well learnt. (Maybe) BUT if you're stupid enough to buy a second hand EV then you're beyond help.
Only if you planned to buy the electric vehicle and then sell it to 3 years later to buy another new vehicle. If you keep the vehicle for 8 to 10 years then the difference in price is neglegible. Does it really matter if your 10 year old electric vehicle is worth $18,000 instead of $20,000? Not really.
Leasing companies ARE NOT a charity but a profit making entity. Assuming countries like Germany DO NOT reverse their decision to terminate EV subsidies (and they shouldn't as taxpayers SHOULD NOT be subsidising what is essentially a private purpose) then if governments mandate for higher fleet percentages of EVs, this can only mean much higher lease costs which companies will need to pass on to consumers of their products. HELLO INFLATION!!
The real source of inflation is governments borrowing money from banks to pay the subsidies in the 1st place. Government debt is the primary cause for inflation.
The goal is to use the EV's to force you out of your ICEV. The fact that there isin't Enough resources in the world to replace ICEV's with EV's will ultimatly take most of us out of a personal vehicle, Copper is a good example, you need 700 years of minig to make the switch. The goal Is to have us plugged into 15 minute cities using public transit. They also want to cull 75% of us as well. The elitists are vigerously turning the west into 3rd world statous with mass migration. These new migrants are in for a shock when they relize they're coming hear is not a better life Because the west will be as big of a S.H.I.T.E. hole as the places they left. When you import people from other places you also import their issues.
Yeah, and another source of inflation, besides govt borrowing and overspending, is the liberal govt official's attack on the fossil fuel industry and their support for misguided environmentalists. We wouldn't be in this mess, if not for leftwing environmentalism. We cannot avoid burning fossil fuels, regardless of their fears of "environmental damage", and "climate crisis". EV's, green energy and sustainability are MYTHS, for the general population, and will not work. Period. So, get used to breathing tailpipes and smokestacks--whether you like it or not!
Governments around the world subsidize the fossil fuel industry to the tune of 7 trillion dollars per year. As a result, subsidies are going to be needed for alternative energy and electric vehicles until they build market and drop their production costs. Interestingly, even though we are currently doomed to a very dark future by climate change, if we were to put 7 trillion dollars a year into direct CO2 capture plants, it would only take 3 years to build enough plants to neutralize our annual output of 41 gigatons of carbon per year. That won't happen for political reasons but it does give some hope that when things get bad enough we find the political will to to start building carbon capture plants insufficient numbers to start bringing down carbon levels in the atmosphere. Assuming we don't have a runaway methane sublimation event. That's an extinction level event.
I have over 199000 miles on my 20 year old F-150 truck. Other than regular maintenance, the only thing I've had to replace is the master cylinder for the brakes and the door latch cables for the rear doors. It still runs great and doesn't burn oil!
@@brendykes1202& 2/3s on your way to a $$$$$$ replacement battery for your old car. I like the idea of ev just not the price. I love my ebike, it’s teaching about ev costs.
I live in the state of Georgia here in the USA! I don't see much green in this entire so called green movement! I see lots of our beautiful fields and natural landscape being covered up with these solar panels! These things are a dark color! I know when the sunlight strikes dark pavement there is lots of heat generated! It seems these dark colored panels will generate lots of heat into the atmosphere making the greenies so called warming of the earth even worse! Just another thought on this entire discussion to include what MGUY is saying here!
Up here in New England we have giant wind turbines 400 feet tall and they've started to rip themselves apart. These are offshore turbines. So beautiful.....
I remember when Cadillac had the highest depreciation losing 30% to 40% in value from just driving it off the dealership lot. EV'S have depreciation that exceed that!
Maybe, because they were essentially junk, even when brand new, resale means someone else is willing to purchase it. No one is, the same applies to EVs.
What is different because back then the the new Cadillac the next year was still more expensive than the Cadillac you bought. The issue is we had a huge unrealistic run up in car prices during the pandemic that includes gasoline cars by the way, many of which are sitting rotting on the lots unsold. Prices on new electric vehicles are now dropping. This is similar to what has happened in big screen TVs and computers. Prices for electric vehicles will stabilize at some value much lower than the cost of traditional gasoline cars. At that point will return to normal depreciation.
Need a full-time job with an employer willing to enter a 3-way leasing contract with a leasing company to even make a novated lease possible, and full-time jobs are not as common as they once were.
I imagine that a proportion of Leases will have the Residual Values underwritten by the supplying Manufacturer or Dealer, in my experience admittedly on Commercial Vehicles, this was often the case... imagine the effect on the whole industry, when, as appears now to be the case, the returned unit is unsaleable and effectively therefore has a Zero value residual...
Some of the US EV manufacturers are admitting to massive losses on each car sold. Ask them to pick up the risk and cost of horrible depreciation and they may abandon the market altogether. The only glimmer of hope is that Americans change their elected officials in November of this year. Trump is not a big EV mandate kind of guy.
Leases can make sense because the monthly payment and down payment is lower. You also don't have to worry about major issues cropping up, because you've typically turned it back in by the time it racks up enough miles for something major to break. It's on the guy who buys it after you to pay for that. That's why rich people don't don't buy supercars or ultra luxury cars, they lease them. They don't want to pay those big repair bills any more than people of lesser means do, so they drive them for 2 or 3 years, then trade them in for a new one. It's the guy who pays $50k for a $150k car a few years later, thinking he's getting a bargain, that has to pay the $20k repair bill when something major breaks on it. Trust me, you do not want to be in that end of the used car market, if you don't have at least $50k in the bank that you can allocate for repairs when they are needed.
Not true, I've leased to see if the vehicle was what I wanted. Then purchased that vehicle. You don't have to get a 3 year lease. The lease let me put the vehicle through the paces and see how well the vehicle would perform. I still own that vehicle 25 years later and drive in on a daily basis even though I've gotten new vehicles since that lease.
@@gamewizard1760 in the end, you have to pay not only for the ownership but also for the profit of the leasing company. It's cheaper to own. And when you're afraid something expensive may break, there are various companies who offer 5+ years of warranty.
A lot of '50s, '60s, and '70s cars are still in use today, although they are mostly Sunday/club cars. Even '80s cars are harder to find, although you still can see them daily. '90s cars will soon be rarer.
yes. The politicians are engaged in magical thinking. What they are mandating cannot happen with the current technology. There's not enough lithium. There's not enough cobalt. We don't have the power. We could build more power plants, but the EV "revolution" cannot be done on wind and solar power. We need on-demand power, which only fossil fuels, hydro, and nuclear give us. We've already got all the rivers dammed that can be, so that leaves nuclear and fossil fuels-- and they hate both of those. The limitation is clearly in the batteries. Electric motors are a tried and true, fully developed technology. Those diesel locomotives that haul 2 mile long trains full of freight past here many times a day are really running electric motors, but not powered by batteries. The gigantic diesel engines they have generate the electricity to feed those massive traction motors. I am a car guy, and the instant torque of an electric has some appeal, but the way it stands now, it is a foolish investment, and the fact that the government wants to force me into an EV makes me dig in my heels and refuse that much harder. If the tech was ready, mandates, subsidies, and incentives would not be necessary.
The infrastructure to support them isn't there either. Even if the next generation miracle battery materializes, the infrastructure still won't be there.
I despise the EV subsidies. If it's a good idea, it shouldn't be subsidized. If it's a bad idea, it especially shouldn't be subsidized. But that's how government "works."
Yeah, the basic premise of a lease is that the financier leases it for 2 or 3 years and then sells it for a good chunk of the original value. EV's HAVE no value after 2 or 3 years.
But Every EV is as ugly as hell. Now they're sticking dummy grilles on the front to make them look better. Just look at the front end of an EV, if you can bear to, and see the stone chips. Another hidden cost of owning an EV is getting the front end resprayed before trying to get rid of it.
On the surface, EVs aren't really too good to be true. They just promised that the trade-off would be sensible for most people. You get less range but you can recharge them at home - a pretty good trade-off. The problem is that they are simply technological failures. It's a simple as that.
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EV's should be considered the phase two of the cash for clunkers program. This time, destroying the automotive industry is the objective. When Klaus says he want's you to own nutzing, he means it.
Never did buy into the EV scam. Especially in Canada where batteries don't do well in very cold temperatures. As far as leasing, might as well burn your money.
Thank Justin and his Gilbot sidekick. Remember Gilbot says no more new roads and no more oil and gas, no more personal freedom, no more money and yet they stay in power.
Here’s a thought, when us gasoline driven automobile drivers have an increase on our auto insurance premiums cuz X number of EVs are slightly damaged but ends up getting “totaled out” cuz no body shop wants to work on them no one, body shop workers, want anything to do with it. So what ends up happening is a 75k+ check written to EV owner literally over a dented door?? How fair is that??
Leasing a vehicle is the worst possible option. If a person can't afford to purchase a car, then he certainly can't afford to lease one. Vehicle leases have always fleeced the consumer with hidden charges. Many consumers find they cannot pay the excess mileage charges at the end of the lease. They are then left with no option but to enter into a high interest loan to purchase the vehicle. Corporations lease vehicles because it offers a tax advantage. Instead of being forced to depreciate the vehicle over a "useful service life" of 5 years for income tax purposes, the lease payments are treated as an expense in the month in which the obligation is accrued or the payment made (depending on tax basis). There is also a locality tax for owned assets that is assessed on purchased vehicles, but not on leased.
I had to make a choice, continue to maintain a 128,000 mile old Ford fiesta, or replace the ageing car. A hybrid with an ageing battery or an EV at giveaway price! I repaired the fiesta. Incidentally, the window winding mechanism only needed two parts, but the garage could only get the whole mechanism, they were annoyed like me, the parts came in two boxes, the two parts needed were in one box, the expensive parts (the electric motor) were in the other box. Then everyone wonders why cars are becoming expensive to maintain.
The EVangelists never include massive depreciation in their 'cost of ownership' - they just go on about how cheap it is to charge at home, with no mention of the cost of public chargers... I saw an article the other day that said that if EV owner has to use public chargers the price will be the equivalent of about 16mpg in an ICE vehicle
@@paulhayes7746 It is a lot more than the cost of petrol, how many petrol cars get only 16mpg ? These days most newer petrol cars get 40mpg combined, and a lot more on a highway. .Diesel get 70mpg on highway. EV suck at highway mileage because no regen like around town
@@chrissmith2114 To add more EV also has a battery 700kg to pull which requires energy. Now we're coming to conclusion the EV is good only in town to use regen braking
Imagine if you were buying a new petrol car and were told that in 5-10 years time you would need to replace the engine and transmission at the cost of half that you paid originally, you wouldn’t be interested in that deal.
Yes EV battery tech isnt there yet in terms of safety, convenience and range. Why bother when EVs fall so far short of being fit for purpose in most situations. Small urban runs then just catch a bus or train as an alternative.
@@marklittle3551 And that happens so infrequently but the stone age Neanderthals scour the internet so as to feel better about their own circumstances.
@@evfactsnotliesplease Well the jury is still out on that. Looks like the Neanderthals are voting with their wallets. New research indicates that the Neanderthals weren't the dumb brutes we once thought they were.
EV fires are currently infrequent. Sodium ion batteries are a possible development - but their capacity is around half that of lithium. My question is, if we choose the lithium route to EVs, and we scale up the rare fire increase rate with universal EV adoption - are fires still infrequent enough to accepted as acceptable?
Just looked at trading my 8yo BMW, lost 50% since i bought it 7 years ago. Decided to keep it, a new one isn't much different to drive, just annoying tech
That's propaganda. Propaganda may always be identified because it's the same exact message from multiple media outlets and corporations and governments. They are all in bed together and if they all say the same thing then that is propaganda
As a consumer, I see many shiny fashionable items which I could afford buy - but which I choose not to because they are over-priced (eg. a new iPhone 15, a new £3000 mirrorless camera, newer faster computer, latest 65 inch high-tech TV.) Unlike any of those items - owning a battery EV has absolutely no appeal whatsoever to me at any price. Even it you negated the depreciation by offering me a 1 year-old £50,000 BMW EV at £5000 and I'd view it as a large repair bill just waiting to happen and requiring constant charging & new tyres in the meanwhile.
So that’s costing you about 7k in fuel per year , I have a 2012 Forester 300k cost 38k new spent 63k fuel and service , what’s the depreciation on this 100k plus car
Great to have you back Simon. I knew there was something missing from my daily TH-cam feed. I was just thinking about your videos the other day, then lo and behold you popped up that night.
I've never owned a Honda or a Toyota, so while recently looking at used cars, I was amazed to see how many Honda's and Toyota's had 300,000 and even 400,000 miles on them. That's insane. The price they're still getting for these cars with high mileage is also insane.
As they say in NZ and Oz: "Only fools and Poms buy European brands". Not only are the Asian brands far more reliable, but when they do need fixing the parts are sensibly priced. Not like the German and French.
Those cars are well designed and well built; they easily go those distances and more, if only they're given regular maintenance. An EV is poorly designed, has an uncertain battery life, replacement of that battery costs about as much as the car itself, and there's poor infrastructure in most places to support their recharging. I've been looking for a 2000-2008 Lexus for months now, but when I find one I can't afford it, they're usually over US$8000!
And those cars are barely broken in. I had a Honda Element with 240,000 miles on it before my wife killed it. It ran like new, look like new, drove like new. Wonderful vehicle. And that engine probably had a good number of miles left, like 200k to 300k.
love watching the demise of this foolish goal which will never get traction...diesel and petrol will be around for many hundreds of years in our futures...love your videos too
@@TheSoundofSilence343Eh I don't think the ic engine is going anywhere. It'll just be burning e fuels. I think that electric cars will mostly replace gas cars though because i doubt e fuels will make sense outside of areas where high energy density is key.
@@patmcbride9853 I think some others are also worthy. Just from the top of my head you got the EV1 by GM simply because of how rare they are (and because it pushed AGM and later NiMH chemistries to their limits), Tesla roadster for showing that EVs don't have to be slow and boring and the early Nissan leaf for basically jumpstarting the ev diy and modding scene.
Have you heard about the York England council that is involved with a scandal over them hiding electric vehicles because they couldn't charge them? Sounds like a topic for a video by you, if you ask me.
I watched a TH-cam yesterday on the whole subject of BEVs and hybrids. Was surprised that the current Renault Clio hybrid got a small 3 cylinder petrol turbo and an electric motor powered by a 1.2 kWh battery. Yes 1.2 kWh. Not sure how far you travel on battery. This could be a big seller as it gives around 60 mpg and the replacement cost of this small battery might be more palatable compared to the crazy cost of a 95 kWh battery for your Porsche Taycan.
The only issue i have with all these hybrids is the pitifully small battery. You're gonna fill it up regening down a small slope, let alone a whole mountain.
the one of the reasons I have not bought it yet. I was tempting to buy just a work horse around the town, but decided not to buy. Not much savings considering loss in value
I would suggest that, forty years in the future, you won't be seeing all of those 2024 electric muscle cars being lovingly restored to their original condition.
Yes. That's why they hiked the prices to cover for their losses and people are finding EVs too expensive now - so the lease companies are switching back to ICE cars and EU of Socialist States is not happy with the markets not understanding their marxist brilliance.
In the UK the used market is now becoming flooded with ex lease EVs that the public are reluctant to buy. Used Car dealers are reluctant to take them as a trade in knowing they will struggle to sell it also don’t have the knowledge to repair if problems occur.
A vehicle is a liability not an investment , the end value is only realising the asset. Investment in the liability would be servicing to reduce the loss. Always calculate the cost of the liability, you can either afford the loss or not.
I would kind of consider a Tesla hybrid. I am absolutely not a fan of the iPad on the dash though. Or all of the other crap in it that I don't want or need that I don't want to pay for.
They just need to make Tesla model Y with a small battery which can run 50km and small engine with a power generator that's it. make it simple and repairable and the problem solved. If the cars will be easily repairable then there will be long line in people wanting to buy them. But that's not good for business as result we have these cars like replaceable laptops.
@@alexk6745This type of car already exists and is called a range extended ev. Bmw i3 falls into this category. It's got a 2 cylinder engine in the back thay can charge the battery. The issue with these is that on a day to day basis they are kinda the worst of both worlds. As much as I hate plug in hybrids for their small batteries they do kinda make more sense than the range extended ev.
Yep. There was a brokerage firm here in the US that had an ad at one point: "Everybody has exactly the same amount of money to waste. None!" I guess they'd never met an EV buyer...
Good morning MGUY from the UK. I’ve just seen on our media here that Zeekr, a Chinese company, claim that their EV batteries can be charged from 10% to 80% in 10.5 minutes. I wonder how the grids worldwide will be able to cope.
All car makers, inc the Chinese ones, fight for every single positive EV headline they can get - be it price, range or charging times. In this case. charging an EV battery from 10-80% in 10m would be almost impossible in the real world, and not without significant risk. Grabs a headline though, just like the next big battery 'breakthrough' which is always just around the corner....
The grid is not capable to deliver these huge amounts of power in such short times. It will require an enormous upgrade. You will need huge amounts of copper and many, many engineers/technicians. The costs are staggering. And the power has to be generated of course. And no, wind and solar will not cut it. There will be a need for new power plants. Only nuclear is viable. If they persist on electrifying all cars, this will take decades. At huge cost. And don't even think about things as lithium, cobalt, etc. Many new mines are needed for all these EV's. It is madness. Suicidal madness.
@@MyerShift7 There's no federal EV mandate in the U.S.-just incentives and some state goals. Even the EPA only talks about targets, not forcing anyone to switch. California's got stricter rules, but it's still not a national thing.
My problem is with a FORCED adaption of EV's and the fact that NONE of the technological or infrastructures associated with these vehicles is anywhere near mature enough to support their practical use on the mass scale being attempted here. This is a slow motion disaster playing out here, and the end result will be a general public that will absolutely reject forward thinking technology once enough of them have been burned (no pun intended) by the current crop of EV's being dishonestly represented to them. Once a large enough percentage of "early adapters"......relatively wealthy novelty seekers have experienced the enormous repair costs, the limited ability to have these cars serviced, traffic jams caused by people without money, pushing their degrading batteries to the absolute limit, very high insurance premiums, cars bricking themselves for either no or nonsensical reasons...and unfortunately stories of entire families being incinerated while just going about their daily lives, the tide will turn hard AGAINST these things, big time. I'm not speculating here, these are all hard truths associated with the current technology being used in these cars. The people lying about the issues these cars have, and the ones keeping their heads in the sand, are the worst enemy the EV movement could possibly have. It's almost like a death cult is calling the shots for them. Recognizing limitations and slow, steady evolution is the way forward...not the clusterfuck currently playing out. Remove all the tax breaks, subsidy on cars, subsidy on charging, grants, company tax advantages, 0% finance, leave it to the market to decide and no one would ever buy one of these hideous turds!
EVs can only work when they are sold new for a disposable price at around 10-15 grand. At which point none too many are going to care about depreciation, repairs or even servicing. A new car purchase will need to be considered as similar to that of a household kettle or flat screen TV. This would of course lead to the greatest environmental disaster since the Deluge but clearly those in charge don't care about that, they only pretend to do so. Can we just imagine a world where all of the cars and trucks currently on the road need to be replaced every 10-15 years? BTW that is almost 2 billion cars and trucks or approximately 1 for every 3 adults in the entire world. This would require even western children working in the cobalt mines and not just little brown ones. Either this or a lot of people walking instead of riding, or a reduction in the human population of around 80%. My money is on the latter as so should yours be. Although you may wish to give serious thought as to who is going to collect your winnings, as it may not be you or your children.
That is a frighting view of the present situation. The more I reflect upon it, the more I feel it is an accurate assessment. Population management if not cull is certainly a thing, and in a world with fewer people - a universal EV platform, built in a few factories globally, and disposable when it fails, might work. Sort of the AK47 of cars, or in vehicle terms, like a VW beetle that has a versatile platform structure. The sociopathic trillionaires who are the WEF are, at some level, engineers who believe in reshaping the world the way they want it, and that means everyone does what they want.
@@sullivanrachael I have no doubt, the question is will it happen? I currently give the great mass of humanity around a 10% chance and falling, but the odds could change quickly if anything actually happened to improve them. If anything does I will be one of the first to notice and promise to report back accordingly. The first thing we all need to do is to STOP pointlessly quarreling among ourselves and concentrate our attention on our common enemy.
The answer is to own the car but lease / rent the battery. They should be quickly detachable so you drive in to a battery station and drive out with a fully charged one. A bit like the gas bottles for caravans.
@@Phiyedough This is precisely how I assumed it would be done from the start. When I discovered otherwise I knew this would be an utter disaster so why did the manufactures not understand? However, this still causes issues as swapping over batteries quickly and safely is not proving to be easy and setting up the system will be enormously capital intensive. If the batteries are as sensitive as they have so far proved to be, when being fixed inside the car imagine what problems they could cause being constantly installed and uninstalled at speed? When the battery does inevitably misfunction who is going to be responsible for the burned bodies and homes? The question still remains, why bother changing to an EV when it offers all of these many disadvantages and not appreciable advantages. In other words, if ships could fly at over 500mph at over 30,000 feet we would not have bothered with a commercial airline industry, now would we? If a single horse could pull a cart at over 100mph for over 400 miles nonstop on a few bails of hay, we would never have bothered creating a car industry.
I own a 2023 BOLT and to all fanatics, still many CONS. Range loss in winter is about 35%. Chargers are the biggest bitch. Constantly broken and complicated. Apps to locate them and use. EVs are good for commuting and city driving and as 2nd car.
we wee told to be careful using Mobiles phone. due to Electro magnetic radiation. a mobile phone has an output of 1.5v. What is the emr emitted from sitting in a closed cabsule for hours. and you are sitting on 75w or more ????? this is something that NO one talk about.
The reason we are rightly advised to be careful using mobile phones is because they emit near microwave frequency radiation. Holding the phone to the ear means that the radiation goes straight through the brain and the inverse square law means that the radiation levels are quite high, even though the mobile phone power is rather small. None of these factors apply to EVs. No-one is talking about radiation from vehicles is because it is a non-existent problem.
I wouldn’t touch an EV with a extremely long insulted and fire resistant barge pole
Whilst wearing full PPE and BA gear...
One assumes you meant "long insulated"? Those barge poles do take a lot of abuse!
I know it's a typo, but I can't help imagine a pole being greatly insulted by the notion that someone would even consider using it to touch an EV ;)
@@MicraHakkinen sure, they are meant for pushing horse drawn barges.
Here in the USA I am seeing many more Teslas on the road with dents that I assume come 11 foot poles. No one in their right mind would touch them with a 10 foot pole so potential EV buyers have to go just that much further.
I don't think modern battery EVs will ever become classic cars.
EV's aren't cars but appliances. Can't remember that people collect dishwashers or fridges😅
What about t'other way around!😱
Electric Classic Cars: The World's Largest Converter of Classic Cars to Electric😭
@@Unmasking_Viandalisme or better the other way 'round - a Tesla Plaid (or whatever they are called) ICE- converted might attract petrol & piston heads.
They will ... they'll be powered by ICE
@@Unmasking_Viandalisme Electric Classic Cars is a disgusting organisation, hell bent on destroying our motoring heritage. It ought to be closed down, and the owner put in jail. Permanently.
EVs: the gift that keeps on taking.
Minerals from holes in the ground on the other side of the world
You misspelled "grift"
in for a penny in for sixty thousand lol
In Danish, "gift" means "poison".
Or "married".. 🤣
All sing
Where have the batteries gone
Long time passing
Long time ago
Gone to landfill every one
When will we ever learn
Long time ago
Where have all the batteries gone
Covered in poisoned soil ever one
When we ever learn
I will never know
Kind regards to all which ever side you occupy
When in UK a £32k EV can be Registered and then sold as "Used" a few months later with 10 miles on clock for £18k there is a structural problem
Yet the shills are still trying to talk them up
"ev:s are finally cheap" 😂
@@AndrewTSq And of course the usual shills are shouting about what a wonderful thing this is
We are certainly living in a day where politicians, and maybe half the population, will never back down on their ideology as the city burns down around them.
That's a huge problem if true.
But is the way they cook the sales most are registered at dealers as demo cars and then sold as second hand, do not be fool by the crooks in government.
My son works in an Audi dealership here in Ireland. A guy came in with a three year old electric Audi he'd paid 90k for. Salesman told him it was worth 18k on a trade-in. The guy nearly needed an ambulance.
I've had a chap crowing about his EV and how he plans his trips taking in charging stations and break times; 'How often do you drive non-stop in your 600-mile range diesel anyway?' I said my 2005 Mondeo is still in perfect working order, easily sellable, and how much was his EV going to be worth in 18 years? Probably scrapped a decade before that.
Generous price. Worth about 5k to me!
I'm surprised the salesman didn't need one too.
@@terencejay8845 Stop for a wee, stretch of the legs, a coffee and maybe top up the tank if needed. That's it. 15 to 20 mins tops. Simple.
in reality its not even worth 18K -- the dealer will sell it for a loss, give little discount on a new car and will being forced by head office to give an over the top valuation ie 18K to generate business. 10K would be the real value.
Wouldn’t touch a lease any more than an EV.
Apparently Cybertrucks are now close to being made in RHD configurationfor Australia, so any guess that all of them will be leased not purchased outright. I dunno how they can come here as they're totally illegal under ADR's.
While being under my first lease.. yeah they really frickin scam the shit outta you.
@@zonavarbondagoo4074 Apparently, Elon is sitting on over 4000 unsold Cybertrucks that nobody wants to buy. The early adopters all seemed to put their Cybertrucks up for sale within their first month of ownership. Which tells you everything you need to know.
@@zonavarbondagoo4074 Thats an easy one Laws are now just suggestions.
I have bought three cars in my life. All new. None leased. The first one, I drove for 24 years. The second for 15 years. I never cared about the resale value, because I intended to keep them as long as possible. Same with my third one, that I have now had for two and a half years. If I had a lease, it would end in six months.
MGUY was right all along 😮
When?
@@MikeJones-mz5ig Have you been watching his videos? He's been criticizing the financial risk from EV batteries failure and thermal runaway fire risk. Now news has been coming in CONFIRMING those problems. In this video, depreciation is a problem for finance companies. For fire risk, an EV battery fire in a Korean under garage in a high rise building caused over 100 vehicles to burn, 23 injuries from toxic gases, temporarily relocating residences due to electrical water line damage.
Korea had the sprinkler system turned off. EV fires hardly exist. Look up the stats. 23 in Britain. 7 in Australia. Sales growth is through the roof globally. Yes, I've seen misleading videos. @@Andrew-nh5zg
@@MikeJones-mz5ig Goon
@@stendecstretcher5678 enlightening. But wrong.
That's their goal all along, to eliminate private car ownership and the physical independance that comes with it. Absolute monopoly of the physical transport sector by the government.
The WEF even told us their plan explicitly: "You will own nothing and you will be happy".
Here in America our Govt and Politicians are literally breaking our laws to push these vehicles on us Safety Be Dammed ! They don't care why should they as this is Pure Government Over Powering the Will of the People, This is but one of the many reasons why No One should Ever buy one. Blue Tooth Electronic Door locks Keeping you in your car while it pops and smokes !
Nonsense. They still want us to go to work and do a job for the taxes we pay and to keep economy going. Most do not work from home and the public transportation cannot take everyone to work. Therefore, they want us to have cars. This conspiracy is not well thought out.
Happy to hear it's not working.
Welcome to the New WORLD Order, where Klaus Schwab, leader of the World Economic Forum, (WEC),
infamously stated: The people will own NOTHING, yet they will be HAPPY. (?) We also have J.D. Rockefeller who infamously stated: "I want a nation of (mindless) WORKERS; not a nation of thinkers."
Spot on mate, here in the UK the second hand ICE car market has gone crazy as nobody is willing to buy a used milk float!
sadly not in switzerland...plenty of rich people buying teslas and wasting their money on evs >
@@fredEVOIX Fools and their money are soon parted.
Damn I wish there was less demand here in the mainland so I could snatch a cheap used model s or taycan
So cheaper new EVs are outcompeting used EVs. What makes you think used ICE cars will not be affected by the exact same disruption? If you think people will buy your used gas car for more than they can get a new EV for, you are living in delulu land. All cars are competing in the same market, and ICE cars are not winning.
I remember watching a motor garage guy channel on TH-cam many years ago in that he leased a Chevy Volt. He liked the car. So much so he wanted to buy it at the end of the lease. So he found the used market value was say $5000. The Lease company wanted $10000. They wouldnt budge. So he let it go. When the guy came to collect it, he asked the guy what happens now. He simply said "Oh I take it straight to the auctions and it will go for $1000 maybe! Happens all the time!" This was like 6 years ago.
1000? Damn at that price I'd be willing to import it lmao
Here the damn things are just keeping their value so well
@@Luka_3Dand where is "here"?
@@ysmf888 The Balkans in general.
Oh you have electricity there? Reliable that is?
@@ysmf888 Yeah. Most of it comes from hydro and nuclear too
"EV's are a scam." - Akio Toyoda Dec 22, 2020 👏🏻👏🏻👏🏻
Is that the guy who said hydrogen was the future than abandoned that idea a few weeks ago after selling his now worthless cars to thousands of people? Good quote though.
@@evfactsnotliesplease As of today Toyota is still building and selling the Toyota Mirai with a 1.24 kWh battery with a range of 402 miles. The Tesla Model Y has a 81 kWh battery that's nearly 70 times larger than the Mirai yet has less range . 🤷♂🤣🤣🤣🤣
@@Mike_Davidson I can see why you cry a lot, I would too if I was made to look silly.
@@evfactsnotliesplease Take a wild guess which car is going to depreciate more, one with a 1.24 kWh battery or one with a 82 kWh battery? 🤷♂😂😂😂
@@evfactsnotliespleaseToyota thinks in decades. Toyota's hybrid research started in the 1970s during the Oil Crisis, and the Prius development started in 1992 with advances in rechargeable batteries. And in 2024 nearly half of Toyota sales are now hybrids. It takes decades to perfect technology and make it safe and cheap enough for mass-market adoption.
Hydrogen research is continued for 2030s and 2040s after the hybrid era. It's also being tested in semi-trucks, public trains and buses. There is a reason why Japanese firms are one of the oldest in the world.
Kisin’s quote is perfect for this- ‘You can ignore reality, but eventually you can’t ignore the consequences of ignoring reality’
A bit how some people drive when they have a puncture.😂
So glad I bought a five litre V8 Jaguar three and a half years ago. Just checked on Autotrader, my depreciation is less than 10% per year.
But it’s costing you minimum 7k per year to drive 500klm per week
Dude, I bought a 2001 Oldsmobile in 2012, with 32,500 miles for $3,250, I am still driving it and am an old mechanic. This is what inexpensive transportation looks like! Please enjoy your Jaguar and I wish you the best with its electrical challenges.
@@melissasmess2773 Last car was a 1998 XJ. Bought 2001, part exchanged for the F Pace after twenty years of use. Few problems. Fingers crossed, hope the new one is as reliable.
I bought a 2007 Pontiac Solstice in 2017. It's now worth more than I paid for it.
@@paulhayes7746Using fast chargers, your EV costs more.
The bubble has to burst Simon, people can't be stupid enough to keep falling for this bs being pedalled by these con artists...surely.
You under estimate the level of stupidity that the Universities are churning out these days.
I’m sure that there enough people out there that will be intimidated greta thunberg’s glare to keep the scam alive for quite some time…
Don't be too sure.
The average consumer out numbers the numpties who believe in this trend, therefore it will never be mainstream in our lifetime, also the average consumer cannot afford these shitboxes.
Might be forced too just because the car companies are forced by governments only to sell EVs.
Glad to see your back and in good health MGUY.
EVERYTHING is being destryed by design.
Yes. That is the key.
Take a deep breath dude, things will be fine.
@@oldbloke204 I cannot believe you said that. You obviously have no idea mate. You think electric vehicles is what I am talking about here? Maybe you don't live in Britain or Ireland.
@@scaryfakevirus I know exactly what you're on about as your username says it all imo.
And no I don't live in those countries as we live in Australia.
Don't like it then move elsewhere as most of our families did in the past.
Things could get much worse yet.
Enjoy.
@@oldbloke204 I am in my 70s and I can't move for many reasons. And you think that will make any difference anyway? And no it's not all about my username either, it's about far more than I can say on YT. You have a very simplistic view of life mate. They don't call Austrailia Ausjailia for nothing. I don't think you understand what is happening to the world.
During your posting hiatus a truck carrying industrial sized lithium batteries overturned on USA I 15 in CA resulting in fire with the major impact of shutting down the freeway use between Los Angeles and Las Vegas for near 2 days. Emergency services were required for stranded motorists in peak summer heat.
I watched that development with some slightly sadistic glee.
That's actually quite funny. So anyone in an EV would only have a short period where they could use their aircon, but proper cars could sit there for two days just ticking over with their aircon on full. Yes, quite funny is that.
@@chrisfallis5851Headline: "Sadist gains pleasure from suffering of Masochist in EV". 🙂
@@BD-bditwthat's a bit of an exaggeration. During disasters, I've used my gasoline vehicle for emergency backup power and it runs about 11 to 12 hours.
It's not just the battery. No right to repair. Used laptop on wheels. High power electronic. One bad sensor or wire will brick the car. Limited information for after market repair shops. Equates no value
And insurance is skyrocketing-as many of these "fires" are very suspicious-a way to get some value out of a worthless vehicle.
Haynes Manual for EVs: "Danger of electrocution. Do not attempt to repair this part. Take it to your dealer."
You do know one bad sensor and wire wrecks ICE cars also, right?
@@PaulFilmer Oh yeah? Which sensor will wreck an ICE car?
@@ronlanter6906 I've had faulty electronics make it so my car didn't recognise the gear it was in and therefore wouldn't start. I've bad a faulty pedal sensor cause it to only allow 1000rpm. I've had another faulty airflpw sensor not allow it to start either
I guess if you were stupid enough to buy an EV in the first place then plummeting resale value is lesson well learnt. (Maybe)
BUT if you're stupid enough to buy a second hand EV then you're beyond help.
Why hasn't one of the manufacturers brought out a model called the 'Masochist'? Eg. "The Audi Masochist HEV GT".
But my cars resell value hasn't plummeted
Only if you planned to buy the electric vehicle and then sell it to 3 years later to buy another new vehicle.
If you keep the vehicle for 8 to 10 years then the difference in price is neglegible. Does it really matter if your 10 year old electric vehicle is worth $18,000 instead of $20,000?
Not really.
Leasing companies ARE NOT a charity but a profit making entity. Assuming countries like Germany DO NOT reverse their decision to terminate EV subsidies (and they shouldn't as taxpayers SHOULD NOT be subsidising what is essentially a private purpose) then if governments mandate for higher fleet percentages of EVs, this can only mean much higher lease costs which companies will need to pass on to consumers of their products. HELLO INFLATION!!
The real source of inflation is governments borrowing money from banks to pay the subsidies in the 1st place. Government debt is the primary cause for inflation.
The goal is to use the EV's to force you out of your ICEV. The fact that there isin't Enough resources in the world to replace ICEV's with EV's will ultimatly take most of us out of a personal vehicle, Copper is a good example, you need 700 years of minig to make the switch. The goal Is to have us plugged into 15 minute cities using public transit. They also want to cull 75% of us as well. The elitists are vigerously turning the west into 3rd world statous with mass migration. These new migrants are in for a shock when they relize they're coming hear is not a better life Because the west will be as big of a S.H.I.T.E. hole as the places they left. When you import people from other places you also import their issues.
Joe Biden is the cause of inflation.
Yeah, and another source of inflation, besides govt borrowing and overspending, is the liberal govt official's attack on the fossil fuel industry and their support for misguided environmentalists. We wouldn't be in this mess, if not for leftwing environmentalism. We cannot avoid burning fossil fuels, regardless of their fears of "environmental damage", and "climate crisis". EV's, green energy and sustainability are MYTHS, for the general population, and will not work. Period. So, get used to breathing tailpipes and smokestacks--whether you like it or not!
Governments around the world subsidize the fossil fuel industry to the tune of 7 trillion dollars per year.
As a result, subsidies are going to be needed for alternative energy and electric vehicles until they build market and drop their production costs.
Interestingly, even though we are currently doomed to a very dark future by climate change, if we were to put 7 trillion dollars a year into direct CO2 capture plants, it would only take 3 years to build enough plants to neutralize our annual output of 41 gigatons of carbon per year.
That won't happen for political reasons but it does give some hope that when things get bad enough we find the political will to to start building carbon capture plants insufficient numbers to start bringing down carbon levels in the atmosphere.
Assuming we don't have a runaway methane sublimation event. That's an extinction level event.
I love the facts. Thank you MGuy.
Mandate looks like Soviet central planning.
You are very correct.
It is.
I have over 199000 miles on my 20 year old F-150 truck. Other than regular maintenance, the only thing I've had to replace is the master cylinder for the brakes and the door latch cables for the rear doors. It still runs great and doesn't burn oil!
If you had an EV, you wouldn’t have that maintenance and still be on the original brake pads.
And be of no residual value or use, other than a town runabout. Don't even think of winter use
@@jeffbroders9781 Lots of Teslas going strong after 200k miles. They haven’t even reached middle age. Any EV with a heat pump is fine in winter.
200000 and still going strong with no maintenance
@@brendykes1202& 2/3s on your way to a $$$$$$ replacement battery for your old car. I like the idea of ev just not the price. I love my ebike, it’s teaching about ev costs.
I live in the state of Georgia here in the USA! I don't see much green in this entire so called green movement! I see lots of our beautiful fields and natural landscape being covered up with these solar panels! These things are a dark color! I know when the sunlight strikes dark pavement there is lots of heat generated! It seems these dark colored panels will generate lots of heat into the atmosphere making the greenies so called warming of the earth even worse! Just another thought on this entire discussion to include what MGUY is saying here!
Up here in New England we have giant wind turbines 400 feet tall and they've started to rip themselves apart. These are offshore turbines. So beautiful.....
Wind farms even more disgusting.
@@rolanddeschain965 Polluting the oceans now, are they? 🤔🤔 Why sure the leftist pigs are. Polluting everything 😠😠
I remember when Cadillac had the highest depreciation losing 30% to 40% in value from just driving it off the dealership lot. EV'S have depreciation that exceed that!
Maybe, because they were essentially junk, even when brand new, resale means someone else is willing to purchase it. No one is, the same applies to EVs.
What is different because back then the the new Cadillac the next year was still more expensive than the Cadillac you bought.
The issue is we had a huge unrealistic run up in car prices during the pandemic that includes gasoline cars by the way, many of which are sitting rotting on the lots unsold.
Prices on new electric vehicles are now dropping. This is similar to what has happened in big screen TVs and computers.
Prices for electric vehicles will stabilize at some value much lower than the cost of traditional gasoline cars. At that point will return to normal depreciation.
Lease doesn't work anymore. 3 year lease with a 20% residual.
Need a full-time job with an employer willing to enter a 3-way leasing contract with a leasing company to even make a novated lease possible, and full-time jobs are not as common as they once were.
I love watching this channel crush EVs. I told people almost 10 years ago that they were a dead end..
Read more. Look at NIO with battery swap.
EV's - Truly are 'chariots of fire.'
This EV saga just gets better.
Anything the govt. touches turns to ashes
Look up NIO with battery swap. That is better. It solves the degradering battery issue and more.
Oh dear,how sad ,too bad😢
Well in the UK we have had a major lease company with 200,000 cars on lease going bust.
Hertz rental is in the process of getting out of ev rentals because of maintenance costs and resale value
I imagine that a proportion of Leases will have the Residual Values underwritten by the supplying Manufacturer or Dealer, in my experience admittedly on Commercial Vehicles, this was often the case... imagine the effect on the whole industry, when, as appears now to be the case, the returned unit is unsaleable and effectively therefore has a Zero value residual...
Some of the US EV manufacturers are admitting to massive losses on each car sold. Ask them to pick up the risk and cost of horrible depreciation and they may abandon the market altogether. The only glimmer of hope is that Americans change their elected officials in November of this year. Trump is not a big EV mandate kind of guy.
@@chrisfallis5851But the Word Salad lady is!
If you have to lease a car, you can't afford it.
Leases can make sense because the monthly payment and down payment is lower. You also don't have to worry about major issues cropping up, because you've typically turned it back in by the time it racks up enough miles for something major to break. It's on the guy who buys it after you to pay for that. That's why rich people don't don't buy supercars or ultra luxury cars, they lease them. They don't want to pay those big repair bills any more than people of lesser means do, so they drive them for 2 or 3 years, then trade them in for a new one. It's the guy who pays $50k for a $150k car a few years later, thinking he's getting a bargain, that has to pay the $20k repair bill when something major breaks on it. Trust me, you do not want to be in that end of the used car market, if you don't have at least $50k in the bank that you can allocate for repairs when they are needed.
Buyers do not always lease because they cannot afford a new car , leasing allows you try before you buy sort of .
Not true, I've leased to see if the vehicle was what I wanted. Then purchased that vehicle. You don't have to get a 3 year lease. The lease let me put the vehicle through the paces and see how well the vehicle would perform. I still own that vehicle 25 years later and drive in on a daily basis even though I've gotten new vehicles since that lease.
@@gamewizard1760 in the end, you have to pay not only for the ownership but also for the profit of the leasing company.
It's cheaper to own. And when you're afraid something expensive may break, there are various companies who offer 5+ years of warranty.
That isn't why leases are so attractive. Leases remove the risk of ownership from the vehicle.
I often see lots of sharp looking ICE cars that are 10-15 years old. Where will any EV be in 15 years? Or 6-7?
At the scrap yard
A lot of '50s, '60s, and '70s cars are still in use today, although they are mostly Sunday/club cars. Even '80s cars are harder to find, although you still can see them daily. '90s cars will soon be rarer.
Funnily enough I'm considering buying a 12 year old Tesla. Degradation is around 20%, i got lifetime free supercharging and it's only 30k
@@Luka_3D Just don't park it undercover!
@@Biosynchro Really? I've been parking and charging my ev for 5 years now! Am I doing something wrong?
The consumers are saying that EV technology just isn't there yet.
yes. The politicians are engaged in magical thinking. What they are mandating cannot happen with the current technology. There's not enough lithium. There's not enough cobalt. We don't have the power.
We could build more power plants, but the EV "revolution" cannot be done on wind and solar power. We need on-demand power, which only fossil fuels, hydro, and nuclear give us. We've already got all the rivers dammed that can be, so that leaves nuclear and fossil fuels-- and they hate both of those.
The limitation is clearly in the batteries. Electric motors are a tried and true, fully developed technology. Those diesel locomotives that haul 2 mile long trains full of freight past here many times a day are really running electric motors, but not powered by batteries. The gigantic diesel engines they have generate the electricity to feed those massive traction motors.
I am a car guy, and the instant torque of an electric has some appeal, but the way it stands now, it is a foolish investment, and the fact that the government wants to force me into an EV makes me dig in my heels and refuse that much harder. If the tech was ready, mandates, subsidies, and incentives would not be necessary.
And neither are their brains.
They are saying that they are disposable products and they don't want used ones.
@@Withnail1969 How long will it take before consumers stop buying expensive paper weights?
The infrastructure to support them isn't there either. Even if the next generation miracle battery materializes, the infrastructure still won't be there.
In Ireland sales are now with Hybreds and petrol cars but not EVs
Thanks for your reporting on the EV situation and some actual reality rather than repeating the mindless agenda.
I despise the EV subsidies. If it's a good idea, it shouldn't be subsidized. If it's a bad idea, it especially shouldn't be subsidized. But that's how government "works."
Yeah, the basic premise of a lease is that the financier leases it for 2 or 3 years and then sells it for a good chunk of the original value. EV's HAVE no value after 2 or 3 years.
Look up NIOs with battery swap tech. Onvo is next, the Firefly. All with swap.
All those years ago, Mark Twain unknowingly spoke of EVs ...
"If something looks too good to be true,
it probably IS . . ."
He also said “if voting made a difference, you wouldn’t be allowed to do it."
But Every EV is as ugly as hell. Now they're sticking dummy grilles on the front to make them look better. Just look at the front end of an EV, if you can bear to, and see the stone chips. Another hidden cost of owning an EV is getting the front end resprayed before trying to get rid of it.
On the surface, EVs aren't really too good to be true. They just promised that the trade-off would be sensible for most people. You get less range but you can recharge them at home - a pretty good trade-off. The problem is that they are simply technological failures. It's a simple as that.
@@BD-bditwThey aren't dummy grills. Well not all of them. Batteries, inverters and motors all need cooling
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EV's should be considered the phase two of the cash for clunkers program. This time, destroying the automotive industry is the objective.
When Klaus says he want's you to own nutzing, he means it.
Never did buy into the EV scam. Especially in Canada where batteries don't do well in very cold temperatures. As far as leasing, might as well burn your money.
Thank Justin and his Gilbot sidekick. Remember Gilbot says no more new roads and no more oil and gas, no more personal freedom, no more money and yet they stay in power.
Here’s a thought, when us gasoline driven automobile drivers have an increase on our auto insurance premiums cuz X number of EVs are slightly damaged but ends up getting “totaled out” cuz no body shop wants to work on them no one, body shop workers, want anything to do with it. So what ends up happening is a 75k+ check written to EV owner literally over a dented door?? How fair is that??
Good to see you back mate 💪
I've got to quibble one point. How can a BEV be described as an asset. Not financially. The contrary.
Haven't we bitched enough about EVs? NOPE.
Leasing a vehicle is the worst possible option. If a person can't afford to purchase a car, then he certainly can't afford to lease one. Vehicle leases have always fleeced the consumer with hidden charges. Many consumers find they cannot pay the excess mileage charges at the end of the lease. They are then left with no option but to enter into a high interest loan to purchase the vehicle.
Corporations lease vehicles because it offers a tax advantage. Instead of being forced to depreciate the vehicle over a "useful service life" of 5 years for income tax purposes, the lease payments are treated as an expense in the month in which the obligation is accrued or the payment made (depending on tax basis). There is also a locality tax for owned assets that is assessed on purchased vehicles, but not on leased.
Good to see consumers telling the Green Mafia where to go.
I had to make a choice, continue to maintain a 128,000 mile old Ford fiesta, or replace the ageing car.
A hybrid with an ageing battery or an EV at giveaway price!
I repaired the fiesta.
Incidentally, the window winding mechanism only needed two parts, but the garage could only get the whole mechanism, they were annoyed like me, the parts came in two boxes, the two parts needed were in one box, the expensive parts (the electric motor) were in the other box.
Then everyone wonders why cars are becoming expensive to maintain.
The EVangelists never include massive depreciation in their 'cost of ownership' - they just go on about how cheap it is to charge at home, with no mention of the cost of public chargers... I saw an article the other day that said that if EV owner has to use public chargers the price will be the equivalent of about 16mpg in an ICE vehicle
True the cost of charging an EV using a fast charger would be the same as petrol
@@paulhayes7746 It is a lot more than the cost of petrol, how many petrol cars get only 16mpg ? These days most newer petrol cars get 40mpg combined, and a lot more on a highway. .Diesel get 70mpg on highway. EV suck at highway mileage because no regen like around town
@@chrissmith2114 To add more EV also has a battery 700kg to pull which requires energy. Now we're coming to conclusion the EV is good only in town to use regen braking
And yet I still can't find a cheap model s lmao
Imagine if you were buying a new petrol car and were told that in 5-10 years time you would need to replace the engine and transmission at the cost of half that you paid originally, you wouldn’t be interested in that deal.
Might need your Legal Services one day bro. Upholding Constitution Of Australia!
An EV is not an asset. Its a highly dangerous way to go from point A to B
I have too many ICE vehicles. Turns out I might be sitting on a goldmine lol!
I bought my car in 2012 and paid about €3000. If I look now to see what cars I could buy for €3000 they are about the same age as the one I have now!
Probably... EV's are putting the whole world on a path to look like used car Cuba.
Your social credit will destroy you. It's all in the works, you will be forced to sell them all.
Yes EV battery tech isnt there yet in terms of safety, convenience and range. Why bother when EVs fall so far short of being fit for purpose in most situations. Small urban runs then just catch a bus or train as an alternative.
You obviously know nothing of batteries.
@@evfactsnotliesplease I know they are catastrophic when they go into thermal runaway. Run run runaway.
@@marklittle3551 And that happens so infrequently but the stone age Neanderthals scour the internet so as to feel better about their own circumstances.
@@evfactsnotliesplease Well the jury is still out on that. Looks like the Neanderthals are voting with their wallets. New research indicates that the Neanderthals weren't the dumb brutes we once thought they were.
EV fires are currently infrequent. Sodium ion batteries are a possible development - but their capacity is around half that of lithium. My question is, if we choose the lithium route to EVs, and we scale up the rare fire increase rate with universal EV adoption - are fires still infrequent enough to accepted as acceptable?
Just looked at trading my 8yo BMW, lost 50% since i bought it 7 years ago.
Decided to keep it, a new one isn't much different to drive, just annoying tech
And yet, I keep on seeing advertisements and articles showing how great EV's are.
Communists lie constantly
They are great if they fit your lifestyle and if the infrastructure is well developed where you live
That's propaganda. Propaganda may always be identified because it's the same exact message from multiple media outlets and corporations and governments. They are all in bed together and if they all say the same thing then that is propaganda
As a consumer, I see many shiny fashionable items which I could afford buy - but which I choose not to because they are over-priced (eg. a new iPhone 15, a new £3000 mirrorless camera, newer faster computer, latest 65 inch high-tech TV.) Unlike any of those items - owning a battery EV has absolutely no appeal whatsoever to me at any price. Even it you negated the depreciation by offering me a 1 year-old £50,000 BMW EV at £5000 and I'd view it as a large repair bill just waiting to happen and requiring constant charging & new tyres in the meanwhile.
Hey, great to see you back, and with some truths and facts that are often ignored by those in power and the EV industry as a whole. Thank you.
Just completely rebuilt my bought off the showroom floor 2014 Subaru Crosstrek for repairs of $5000. Now ready for another 375,000 KM on the cheap.
So that’s costing you about 7k in fuel per year , I have a 2012 Forester 300k cost 38k new spent 63k fuel and service , what’s the depreciation on this 100k plus car
I've rebuilt my battery pack for 3 grand after 500000 km. Ready for another half a million kilometers on the very cheap
Great to have you back Simon. I knew there was something missing from my daily TH-cam feed. I was just thinking about your videos the other day, then lo and behold you popped up that night.
I've never owned a Honda or a Toyota, so while recently looking at used cars, I was amazed to see how many Honda's and Toyota's had 300,000 and even 400,000 miles on them. That's insane. The price they're still getting for these cars with high mileage is also insane.
As they say in NZ and Oz: "Only fools and Poms buy European brands". Not only are the Asian brands far more reliable, but when they do need fixing the parts are sensibly priced. Not like the German and French.
Those cars are well designed and well built; they easily go those distances and more, if only they're given regular maintenance. An EV is poorly designed, has an uncertain battery life, replacement of that battery costs about as much as the car itself, and there's poor infrastructure in most places to support their recharging. I've been looking for a 2000-2008 Lexus for months now, but when I find one I can't afford it, they're usually over US$8000!
And those cars are barely broken in. I had a Honda Element with 240,000 miles on it before my wife killed it. It ran like new, look like new, drove like new. Wonderful vehicle. And that engine probably had a good number of miles left, like 200k to 300k.
I could use a laugh, how did she kill it😁@@bondgabebond4907
@@BD-bditwcorrect some people are very slow learners
One thing I would disagree with, none of this is unintended consequences.
love watching the demise of this foolish goal which will never get traction...diesel and petrol will be around for many hundreds of years in our futures...love your videos too
Hundreds? Maybe thousands or even millions lol.
Well if they are forced to not manufacture ICE vehicles anymore and only manufacture EV as per our green future.....what happens then?
Have you ever heard of Peak oil ?
@@pauld3327 I have also heard of PeakStupidity. I think it will first appear here from MGUY.
@@TheSoundofSilence343Eh I don't think the ic engine is going anywhere. It'll just be burning e fuels. I think that electric cars will mostly replace gas cars though because i doubt e fuels will make sense outside of areas where high energy density is key.
This has some of the hallmarks of the subprime mortgage debacle in 2008.
Someone got rich
Can you imagine a "Classic" EV show with EVs older than 30 years old being proudly displayed by their loving owners?
Hahaha yes, they will have all sorts of sketchy home-brew batteries to replace the OE battery that failed decades prior
The concept of being in denial about the future of cars to preserve ‘classic’ cars is honestly laughable.
I don't have to imagine it. Jay Leno has filmed an episode featuring an over 100 year old ev
@@Luka_3D Yeah, those really old ones are worthy.
@@patmcbride9853 I think some others are also worthy. Just from the top of my head you got the EV1 by GM simply because of how rare they are (and because it pushed AGM and later NiMH chemistries to their limits), Tesla roadster for showing that EVs don't have to be slow and boring and the early Nissan leaf for basically jumpstarting the ev diy and modding scene.
Have you heard about the York England council that is involved with a scandal over them hiding electric vehicles because they couldn't charge them? Sounds like a topic for a video by you, if you ask me.
That was just poor deployment planning, and an accidentally cut cable.
I watched a TH-cam yesterday on the whole subject of BEVs and hybrids. Was surprised that the current Renault Clio hybrid got a small 3 cylinder petrol turbo and an electric motor powered by a 1.2 kWh battery. Yes 1.2 kWh. Not sure how far you travel on battery. This could be a big seller as it gives around 60 mpg and the replacement cost of this small battery might be more palatable compared to the crazy cost of a 95 kWh battery for your Porsche Taycan.
The only issue i have with all these hybrids is the pitifully small battery. You're gonna fill it up regening down a small slope, let alone a whole mountain.
good to see you back bringing parity and reality to the motor industry
I wouldn't have a BEV if you payed me. I don't want to be locked inside and be burned alive or set fire to other property.
the one of the reasons I have not bought it yet. I was tempting to buy just a work horse around the town, but decided not to buy. Not much savings considering loss in value
@@alexk6745 and higher electricity costs.
Bravo Sir thank you
Golf carts for homosexuals
They must be very popular today then. The world's gone gay AF.
I would suggest that, forty years in the future, you won't be seeing all of those 2024 electric muscle cars being lovingly restored to their original condition.
Isn't the monthly charge for a PCP lease fixed as part of the contract and the risk is on the finance provider?
That's why the monthly lease payment increased about 50% on a 45k EV since 2021, as demonstrated in this video.
Yes. That's why they hiked the prices to cover for their losses and people are finding EVs too expensive now - so the lease companies are switching back to ICE cars and EU of Socialist States is not happy with the markets not understanding their marxist brilliance.
In the UK the used market is now becoming flooded with ex lease EVs that the public are reluctant to buy. Used Car dealers are reluctant to take them as a trade in knowing they will struggle to sell it also don’t have the knowledge to repair if problems occur.
A vehicle is a liability not an investment , the end value is only realising the asset.
Investment in the liability would be servicing to reduce the loss.
Always calculate the cost of the liability, you can either afford the loss or not.
Leasing has always been a scam. The EV depreciation issue just makes it more obvious.
Even financing like lee aka McMaster would be a horror movie.
As he found out.
Thought the Ozzie police had come and arrested you at your door. Good to see you’re still around.🎉🎉🎉
I would kind of consider a Tesla hybrid. I am absolutely not a fan of the iPad on the dash though. Or all of the other crap in it that I don't want or need that I don't want to pay for.
They just need to make Tesla model Y with a small battery which can run 50km and small engine with a power generator that's it. make it simple and repairable and the problem solved. If the cars will be easily repairable then there will be long line in people wanting to buy them. But that's not good for business as result we have these cars like replaceable laptops.
@@alexk6745This type of car already exists and is called a range extended ev. Bmw i3 falls into this category. It's got a 2 cylinder engine in the back thay can charge the battery.
The issue with these is that on a day to day basis they are kinda the worst of both worlds. As much as I hate plug in hybrids for their small batteries they do kinda make more sense than the range extended ev.
I cannot comment on this a the Government may arrest me for my comments.
You must be living in the UK😢😮. Starmer will sort us out, 3 years behind IIIII for telling the truth.😮
Battery swap (NIO) is the future. Buying and EV with the battery integrated in the chassis makes zero sense.
Some people obviously like to lose money. I'm definitely not one of them.
Yep. There was a brokerage firm here in the US that had an ad at one point: "Everybody has exactly the same amount of money to waste. None!" I guess they'd never met an EV buyer...
@@craigpridemore7566 very true
Good to see you’re still posting eM
Good morning MGUY from the UK.
I’ve just seen on our media here that Zeekr, a Chinese company, claim that their EV batteries can be charged from 10% to 80% in 10.5 minutes.
I wonder how the grids worldwide will be able to cope.
Solar & wind!🤣😂
With a charge cable the thickness of an elephants leg too that you won't be able to lift. Imagine the cables that you will need in the ground.
All car makers, inc the Chinese ones, fight for every single positive EV headline they can get - be it price, range or charging times. In this case. charging an EV battery from 10-80% in 10m would be almost impossible in the real world, and not without significant risk. Grabs a headline though, just like the next big battery 'breakthrough' which is always just around the corner....
The grid is not capable to deliver these huge amounts of power in such short times. It will require an enormous upgrade. You will need huge amounts of copper and many, many engineers/technicians. The costs are staggering.
And the power has to be generated of course. And no, wind and solar will not cut it. There will be a need for new power plants. Only nuclear is viable.
If they persist on electrifying all cars, this will take decades. At huge cost. And don't even think about things as lithium, cobalt, etc. Many new mines are needed for all these EV's.
It is madness. Suicidal madness.
Rainbows and unicorn farts will provide all the electricity needed.
Great show, 👍!
Government mandated new technology doesn't sound much like free enterprise.
There is a reason why it’s government mandated.
It's not a mandate though
@@Luka_3Dyes it is
@@MyerShift7 There's no federal EV mandate in the U.S.-just incentives and some state goals. Even the EPA only talks about targets, not forcing anyone to switch. California's got stricter rules, but it's still not a national thing.
Lost almost-40% the day I bought it, 3 yrs later I'd be lucky to get 20%
My problem is with a FORCED adaption of EV's and the fact that NONE of the technological or infrastructures associated with these vehicles is anywhere near mature enough to support their practical use on the mass scale being attempted here.
This is a slow motion disaster playing out here, and the end result will be a general public that will absolutely reject forward thinking technology once enough of them have been burned (no pun intended) by the current crop of EV's being dishonestly represented to them.
Once a large enough percentage of "early adapters"......relatively wealthy novelty seekers have experienced the enormous repair costs, the limited ability to have these cars serviced, traffic jams caused by people without money, pushing their degrading batteries to the absolute limit, very high insurance premiums, cars bricking themselves for either no or nonsensical reasons...and unfortunately stories of entire families being incinerated while just going about their daily lives, the tide will turn hard AGAINST these things, big time.
I'm not speculating here, these are all hard truths associated with the current technology being used in these cars.
The people lying about the issues these cars have, and the ones keeping their heads in the sand, are the worst enemy the EV movement could possibly have. It's almost like a death cult is calling the shots for them.
Recognizing limitations and slow, steady evolution is the way forward...not the clusterfuck currently playing out.
Remove all the tax breaks, subsidy on cars, subsidy on charging, grants, company tax advantages, 0% finance, leave it to the market to decide and no one would ever buy one of these hideous turds!
By ‘forced’ you mean that you can go into a dealership and buy whatever you want….
Who is forcing you to buy an ev?
Welcome back missed your informative truth’s on buying and owning EV’s.Please remain strong and keep up your great work.Thank You.
Since Brussels is at the root of this problem with their mandates get rid of Brussels and the problem is solved.
LOL!! Tell me about it. I still can't buy a 10 year old Civic or Corolla. They're still too expensive for me. 10 years old!!!
And I still can barely buy a 12 year old model s lol
EVs can only work when they are sold new for a disposable price at around 10-15 grand. At which point none too many are going to care about depreciation, repairs or even servicing. A new car purchase will need to be considered as similar to that of a household kettle or flat screen TV. This would of course lead to the greatest environmental disaster since the Deluge but clearly those in charge don't care about that, they only pretend to do so. Can we just imagine a world where all of the cars and trucks currently on the road need to be replaced every 10-15 years? BTW that is almost 2 billion cars and trucks or approximately 1 for every 3 adults in the entire world. This would require even western children working in the cobalt mines and not just little brown ones. Either this or a lot of people walking instead of riding, or a reduction in the human population of around 80%. My money is on the latter as so should yours be. Although you may wish to give serious thought as to who is going to collect your winnings, as it may not be you or your children.
That is a frighting view of the present situation. The more I reflect upon it, the more I feel it is an accurate assessment. Population management if not cull is certainly a thing, and in a world with fewer people - a universal EV platform, built in a few factories globally, and disposable when it fails, might work. Sort of the AK47 of cars, or in vehicle terms, like a VW beetle that has a versatile platform structure. The sociopathic trillionaires who are the WEF are, at some level, engineers who believe in reshaping the world the way they want it, and that means everyone does what they want.
@@sullivanrachael I have no doubt, the question is will it happen? I currently give the great mass of humanity around a 10% chance and falling, but the odds could change quickly if anything actually happened to improve them. If anything does I will be one of the first to notice and promise to report back accordingly. The first thing we all need to do is to STOP pointlessly quarreling among ourselves and concentrate our attention on our common enemy.
The answer is to own the car but lease / rent the battery. They should be quickly detachable so you drive in to a battery station and drive out with a fully charged one. A bit like the gas bottles for caravans.
@@Phiyedough This is precisely how I assumed it would be done from the start. When I discovered otherwise I knew this would be an utter disaster so why did the manufactures not understand? However, this still causes issues as swapping over batteries quickly and safely is not proving to be easy and setting up the system will be enormously capital intensive. If the batteries are as sensitive as they have so far proved to be, when being fixed inside the car imagine what problems they could cause being constantly installed and uninstalled at speed? When the battery does inevitably misfunction who is going to be responsible for the burned bodies and homes? The question still remains, why bother changing to an EV when it offers all of these many disadvantages and not appreciable advantages. In other words, if ships could fly at over 500mph at over 30,000 feet we would not have bothered with a commercial airline industry, now would we? If a single horse could pull a cart at over 100mph for over 400 miles nonstop on a few bails of hay, we would never have bothered creating a car industry.
I own a 2023 BOLT and to all fanatics, still many CONS. Range loss in winter is about 35%. Chargers are the biggest bitch. Constantly broken and complicated. Apps to locate them and use. EVs are good for commuting and city driving and as 2nd car.
Net zero is clearly and IQ score range not an environmental plan.
You are correct: this is an ideology.
we wee told to be careful using Mobiles phone. due to Electro magnetic radiation. a mobile phone has an output of 1.5v. What is the emr emitted from sitting in a closed cabsule for hours. and you are sitting on 75w or more ????? this is something that NO one talk about.
The reason we are rightly advised to be careful using mobile phones is because they emit near microwave frequency radiation. Holding the phone to the ear means that the radiation goes straight through the brain and the inverse square law means that the radiation levels are quite high, even though the mobile phone power is rather small. None of these factors apply to EVs. No-one is talking about radiation from vehicles is because it is a non-existent problem.
@@John_Lsure it's not. Whatever you say.
thank you
The incessant push for EV's is demonstrative of the EU's (and the UK's) head-first dive into the cesspool of top-down control and collectivism.