To make me depressed about the huge loss in the value of my car, I thought I’d see how cheap a used Honda e now is.
Well as of today, here’s the cheapest on Auto Trader: £18k, 9200 miles, Meteoroid Grey Metallic, private seller
There are also a load of others under £19k.
I should have just waited 3 years before I bought mine
2022 Advance in Crystal Black Pearl on 17's - 08/2020-Current
2015 VW Tiguan (Pure White) - 04/2018-Current
1991 Honda Beat PP1 (Festival Red) - 11/2022-Current
I didn’t realise these cars quoted in that What Car article have been out 3 years.
Anyway, are they basing these figures on current list prices or the price minus the government grant applicable at the time, that can make a huge difference to the % loss.
Also as the lists are different so it’s obvious these are just 10 cars that ‘journalist’ decided, not THE worst depreciating cars based on factual data.
Finally some of these cars were available heavily discounted 3 years ago, I test drove a Corsa e just before I bought my Honda and without even asking they offered £5k off list.
2022 Advance in Crystal Black Pearl on 17's - 08/2020-Current
2015 VW Tiguan (Pure White) - 04/2018-Current
1991 Honda Beat PP1 (Festival Red) - 11/2022-Current
stainlesteve wrote: ↑Sun Jul 30, 2023 1:44 pm
Whichever way you look at it its a very disappointing disaster
2021 Honda e Advance Crystal Blue
2023 Porsche Cayenne ehybrid Platinum Edition 462BHP Crayon
I know, I’m just trying to justify to myself that it’s not as bad as it seems to be
2022 Advance in Crystal Black Pearl on 17's - 08/2020-Current
2015 VW Tiguan (Pure White) - 04/2018-Current
1991 Honda Beat PP1 (Festival Red) - 11/2022-Current
I guess that the electric car has fallen out of favour overall.
When it's new and shiny - people will splash the cash and dip their toe into the water.
As soon as it's on the used market, the utility is more what really determines the value, and the e has very little utility with its limited range / limited boot space etc etc.
I also guess the realities of public charging are hitting home and putting a lot of people off (don't blame them).
I'll keep mine for the foreseeable future as its fine for my commute and usage - but I can see why others would find it hard to justify which supresses the demand.
'21 e Advance - Charge Yellow - E1702RR alloys
'17 Civic Sport CVT
'00 Prelude 2.2VTi
I must say I am pretty lucky/relieved that I traded mine 11 months ago, when I was offered £1000 more than I paid for it a year earlier.
The Jazz I replaced it with has exceeded all expectations and to be honest, I hardly ever fill it up with petrol, such is its efficiency.
I recently replaced my second car for something a little more exciting, whilst in the dealer we discussed EV's and they said that they were not even willing to trade them in at the moment as suddenly demand had fallen off a cliff which directly effected the trade in values.