vinny41

3 hours ago, NoDisplayName said:

 

In that case, why does it matter when the car recharges.  If the power is coming from battery storage, then the car can charge overnight, yes?

 

 

I see.  Simple system is direct charge from solar panel, more complicated and expensiver system has battery storage.

 

What's a ballpark guesstimate of both systems?  Minimal battery size, as maximum ONE recharge per week.

 

I would install.

Check out @atpeace solar thread here prices were for August 2024 

https://aseannow.com/topic/1335820-just-installed-77-kwpv-and-62-kw-inverter/

He mentions prices of B85K without Batteries and B130K with batteries

His install is providing power to both house and future EV

6 hours ago, KhunLA said:

We renew ourselves this month, and I'm interested myself, what the total loss value will be.

 

As you know (for others), free 1st yr insurance was 960k vs 949k purchase price.

 

2nd year (1st renewal), value @ 840k,   New purchase MSRP price has gone from 949K to 869k down to very recent new MSRP price of 829k, with 599k promo, still going, if can find.   Best value out there IMHO, for B-class SUV (BEV or ICEV).

 

I'm thinking new total loss value will be 700-725k.

Personally I think Capital should have 2 values

Capital A for repair based on purchase price including subsidy

Capital B for return of capital if repair bill exceeds 80% this return of capital should be the price paid excluding subsidy

If we look at your purchase price of 949K  valued at 960K for 2nd year capital should have been B864K based on 10% off B960K or B854K based on 10% off B949K

3rd year (2nd renewal) Capital value should be B777K based on original B960K or B768,600 based on B949K original price

If you had a major accident that resulted in a huge repair bill the capital amount should be for the total cost of the car including subsidy

At the moment there are a few Neta V1 selling for B368K yet recently there was an article of a lady where her Neta V1 water entered the battery and the total repair cost was B430K

The biggest problem with these price reductions is the cost of parts remain unchanged from the original launch price

29 minutes ago, motdaeng said:

 

thank you for your response.

may i ask for a favor? could you be a part of an experiment for 7 days? you're excellent at fact-checking posts from ev owners.

could you do the same thing for one week, specifically focusing on ev skeptics and critics?

 

i do appreciate your contribution to providing a balanced perspective on electric cars. 

 

 

Thanks for that Post I will try but I do tend to ignore some of the more outlandish claims made on this forum

30 minutes ago, motdaeng said:

 

the electric vehicle industry is a rapidly evolving project, advancing at an unprecedented pace.

the development of electric vehicles is still in its early stages, with enormous potential for the future.

however, various sectors surrounding e-mobility are struggling to keep up with this pace and require constant adjustments.

we are seeing this now with insurance and other areas ...

 

interesting times lie ahead! 

Personally I think with the current state of the economy that the Goverment should give a lifetime to Brands building EV's in Thailand  to meet the requirements of EV 3.0 and EV 3.5

at the moment Brands are building in numbers to avoid huge fines reportely ranging from B500K-B700K

Its pointless building huge numbers if it doesn't match potential sellers

Postpone the requirments of EV 3.0 and EV 3.5 for 2 years with conditions

such as when you restart local content must be a minimum of 80% from day 1

and 2nd condition end huge price reductions as it brings stability  to the market for everyone from finance,insurance end customer and the manufacturers themselves

as most of the vehicles purchased in Thailand are purchased on finance the one thing you will never see is the finance company contacting the end customer and saying we have noticed brand X has reduced the price of your vehicle so we have taken the proactive approach of reducing the capital amount to reflect that

at the moment buyers that purchased at launch price if they are unlucky to have an accident that writes off their vehicle the capital amount on the insurance means they can walk away without having to pay a huge additional amount to the finance company

Now if insurance starts reducing the capital amount by 30% each year its more likely they will end up with negative equity on the vehicle if they sell or the vehicle is written off

4 minutes ago, motdaeng said:

 

 

@vinny41 this is a personal question, and you don’t have to answer if you’re uncomfortable: what did you do in your previous professional life? 

Since leaving school I have worked in IT, the early mainframes had 32kb ram lots of flashing lights single processing paper tape and punch cards for inputing data into the computer

10 minutes ago, JBChiangRai said:

it was absolutely true on both my cars, there were no price reductions after I bought them up until when I sold them

The MG EP+  Was launched November 2020 with a price of B998,000 the price reduction only occurred as a result of the EV 3.0 subsidy that started March 2022

MG EP normal price: 988,000 baht with a state subsidy of 227,000 baht. Net price: 761,000 baht*

MG EP PLUS normal price: 998,000 baht with a state subsidy of 227,000 baht. Net price 771,000 baht*

So there was a price reduction of B227,000 unless you purchased at B998,000

Anyone buying at B998,000 and selling at B600,000 would see deprecation of 39.8%  over their original purchase price

Insurance in turmoil: EV price cuts continue, plans to "reduce capital - increase premiums" are being adjusted..

EV dump prices affect insurance capital
An insider in the non-life insurance business revealed to “Prachachat Business” that as a result of the price war for electric vehicles (EVs) in China, where prices have been repeatedly reduced since the beginning of the year, and most recently, Reve Automotive, the distributor and service provider of Chinese EVs under the BYD brand in Thailand, announced a price reduction of the BYD Dolphin small electric car model by up to 160,099 baht, and NETA Thailand decided to reduce the price of the NETA V-II EV model by up to 50,000 baht to compete and stimulate sales. This situation has had a significant impact on the car insurance business as wel

“Now each insurance company is reducing the insurance capital of new EV cars and it is expected that the insurance capital in the future will decrease by 30% per year, not just 10% anymore because the price of EV cars is quite dynamic. Every company has to think and act again because if the insurance capital of EV cars is more expensive than the second-hand price, there will be fraud,” said the source....: https://www.prachachat.net/finance/news-1598803

37 minutes ago, Celsius said:

 

Of course that post was a total lie.

 

Who buys and sells cars every year? Of course, won't even mention the model that supposedly depreciated only 10% in 2 years.

10% depreciation in 2 years is down to timing of sale and if there is a long waiting list for new cars of that model as explained in this post

"But most of all I sold it because I read they had dramatically ramped up production and the Thai dealer told me the time on the waiting list was expected to drop significantly and that would likely impact second-hand values."

as a rule new cars that have long waiting lists do command a higher resale value as some people if they at the bottom of the queue prefer not to wait

33 minutes ago, JBChiangRai said:

I have sold 2 EV’s already, one lost 10% depreciation in 2 years, the other 20%.
 

They depreciate no different to ICE, perhaps slightly better.

Not True when you take into account the depreciation due to price reductions

Take 2 MG ZS EV owners for example 

1 person  purchased  MG ZS EV in 2020 4 years ago purchase price new B1,190,000

2 person purchased  MG ZS EV in 2024 purchase price B599,000

Now person 1 has seen a whopping price reduction of B591,000 before you take into account the age and condition of their vehicle 

If both owners were to sell tomorrow person 1 is going to see huge depreciation due to price reduction compared to person 2

1 hour ago, JBChiangRai said:

there are only 12 available for sale, that should tell you something!

Following the huge price reduction of B340K tents are cautious about buying EV's

The price cuts of up to 340,000 baht ($9,460) lower the resale value for current owners. "I was told the price would go up in two months, after the government subsidy expired. Usually, insurance covers 80% of the new car value, and it depreciates 10% per year, but the discount pushes it even lower," said Darakorn, who bought an Atto in January 2023, just a month after BYD launched in Thailand.

With a bank loan and a government subsidy of 100,000 baht, the SUV had cost him 1.19 million baht. Now even the newest Atto models released early this year are priced under 1 million baht. "If you announced then that the price would drop 340,000 baht a year later, do you think anyone would have bought your cars at all?" he said.

Darakorn organized other BYD owners on Facebook to explore the possibility of a class-action lawsuit. Complaints have reached the Consumer Protection Board, which was ordered by a cabinet minister to investigate the mounting discounts offered by not only BYD but also its competitors.

https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/EV-price-war-angers-Thai-BYD-owners-as-buyers-wait-for-more-cuts

7 minutes ago, KhunLA said:

Thanks.

 

That's some inexpensive transportation.   Remember when we bought the ICE version of the MG ZS (2020), and I think we looked at everything, Under ฿700k mark.   

 

Nothing was worth the asking prices.  Only one that actually interested us, was the Nissan Note, of all things, but new model, and I'm not one to be a guinea pig.  Honda Jazz was nice also, but my buddy had nothing nice to say about Honda dealers.

 

Ended up at MG, actually to check out the POS MG3, see if they made improvements, as been out for a few years.   Nah, still a POS ... and over in the corner, that ZS.   Test drove holy crap, I like it.   Back home, researched the hell out of it, went back & bought it, 695k, . mid version at entry version price, as on sale.  Only 3 versions back then, and didn't want more electronics or sunroof of the top end version.

 

That turned me off ever buying another JP badged cars made in TH.  Owned 2 Vios & Mazda 2, served us well, but never again.

 

Stop me if I told you this before   OK, for the newbs, Updated BEV version (2022) came out ~1.5 yrs later, along with 240k 'please buy' govt incentive, so had to place an order.   6 months to research, make sure we want it.  No real competition, then BYD hit the market that month or so.

 

Didn't even test drive the ZS EV, as didn't see the the point, since same size, comfy sitting it, so no real difference, all wee bit better than 2020 version.  Picked it up 5 months later.   Sold the now 2 yr old / 40k kms ICE version.

 

Quite happy with it since, and performance impressive over the ICE version.  Hence why us BEV fanboys strongly suggest, take an EV for test, if just curious, or want to prove us wrong.

 

Why the yarn ... this price war is great, and lots of bargains out there, before next years new stock.   Seriously if in the market, especially for a knock around town car, you can't go wrong with the BEVs now on offer.  Less than 5-6-700k baht for some decent 'new' cars.   All having 8 yr battery warranties.   Hard to beat, seriously.

 

Much better than the JP  badged, made in TH, POSs they are offering for more, that cost more to operate, maintain, and perform poorly.

 

Just my experienced & bias opinion. 

HAPPYY SHOPPING

 

Personally I think on the low budget models the MG ZS EV has a number of good points

Metal casing to protect battery

as far as I know its only the MG ZS EV, EP+ and ES that have modular batteries 6 batteries in the pack  

so if 1 battery is suffering from serious battery degradation the replacement cost of a single battery is approx B72K

We know the current prices for current model

I suspect the replacement model pricing will be higher that the current pricing but that is a pure guess

3 minutes ago, motdaeng said:

 

can you please translate the video, thank's ...

 

Video has subtitles available so very easy to translate to the language of your choice

7 minutes ago, KhunLA said:

That pricing was last month, so I'd be surprised if any were left.  Nice find though If you could get one at that price.   Considering the Neta V is ฿550k.  Nice value that it is over other entry level cars (ICEV) ... think all would be much happier with a ฿599k ZS  

Plenty of dealers have for sale at B599k/B699K  in the MG ZS EV CLUB THAILAND facebook group

it should be explained for anyone thinking about buying the current MG ZS EV models the reasons why price reductions and the pros/cons versus its upcoming replacement due either Motor show December or Motor Show March

replacement model is MG S5 assuming they don't change name for Thailand 

The major change for the MG S5 is that it is likely to be using the  dedicated electric vehicle (EV) platform of its popular MG 4 hatchback. which means the mg lifetime battery warranty shold be available

There is only a few Neta V1 available now priced at B384k they were selling at B369K at one point to reduce stock

Neta V 2 starting price is B429K

2 hours ago, KhunLA said:

1. ~฿9000  for 2022 MG ZS, renewed 2023  (Roojai Ins)

MSRP ฿1,189.000 - ฿240k incentive = ฿949k purchase price

New insured total loss value ฿960k

1st renewal ins. loss value ฿840

2nd renewal due next month

 

2. Approximately ฿ 9000 over 5yr / 100k kms warranty

or ฿14,400 over the 8 yr battery warranty

 

MG info is accurate, as serviced at 10k kms  (free)

and 20k & 30k kms so far.

 

 

3. Unknown ... market is too new.  Every ICEV that we sold (4) we got a wee bit more than the insured value.  With price cuts, I doubt that would hold for the MG ZS, as new pricing is ฿829k

Still plenty of MG ZS EV D models for sale at B599K or X model  at B699K

And confirmed by your wife that prices are valid even though MG never updated their website

1 hour ago, Pib said:

Well, more power to Vinny41 if he can figure out from DLT stats how so many EV registrations occurred for August because when I look at the DLT stats from their webpage I only see above half of the August numbers being stated in the news article above.   

The only numbers for August that Both the nation article and DLT match are

RY3 trucks 233

RY8 three wheeled cycles 39

all the other figures don't match

RY1 figures for August were  6,211

If all electric vehicles including motorbikes are added DLT report  total comes to 8,804

I have noticed autolife and a number of other media outlets are now using a new acronym

XEV which is combined 

Electric vehicle xEV is the generic name for electromotive vehicles such as a hybrid electric vehicles, plug-in hybrid electric vehicles and fuel-cell electric vehicles

Basically anything that has an electric motor

using DLT stats combined XEV comes to 19,801 for August

On 9/25/2024 at 12:11 PM, vinny41 said:

On Facebook and in the Neta EV group there were many adverts selling for B369 6 weeks ago but it was limited stock and its unlikely you will find any for sale today

for pricing and information on Neta deals check out facebook group here

https://www.facebook.com/groups/691605631878633

Urgent!!! Last 5 cars. NETA V. Special price 384,000 baht.

Neta Pattaya

https://www.facebook.com/groups/691605631878633/permalink/1241572656881925

18 minutes ago, steve187 said:

i can  not see any advertised for 369k, any links please

On Facebook and in the Neta EV group there were many adverts selling for B369 6 weeks ago but it was limited stock and its unlikely you will find any for sale today

for pricing and information on Neta deals check out facebook group here

https://www.facebook.com/groups/691605631878633

47 minutes ago, khunphil said:

Just received a quote frox AXA premium for new Neta V2 at 22k....wow... Anything better than this? Or all EV car are overpriced for insurance premium? 

Check out the Neta facebook group here

https://www.facebook.com/groups/691605631878633

Ideally the capital amount should be whatever you pay for the car + EV 3.5 subsidy

as there have been many cases where the repair cost if you are unlucky to be involved in a claim have exceeded 70% of the capital amount

1 hour ago, josephbloggs said:

It isn't misleading or exaggerated, I scroll past them literally every day. No one else is interested, please give it a rest. Or how about go and start an EV numbers thread that you and JB can just indulge in and the rest of us can ignore? Please??

 

Clearly is misleading  and  exaggerated

Once again someone speaking for all forum members

as someone on this forum is interested and they post positve feedback to my posts

On this topic excluding the past 24 hours I have made  a total of 11 posts in this thread 10 on September 1st and 1 on September 5th so when you scroll past them literally every day it is clearly is misleading  and  exaggerated

As previously stated there is an ignore option if your don't wish to see someone posts

Wonder what the real issue is because if you dislike my posts adding me to your ignore list

or is the real issue is that you don't like the content of the press releases from The European Automobile Manufacturers’ Association

4 minutes ago, josephbloggs said:

No official poll but I am adding my voice to motdaeng's. It is very very boring, incredibly so. I am tired of having to scroll past all those posts each day (sometimes several times a day) to get to anything interesting - it is strangling the thread.

Once again simple solution is ignore button and then you wouldn't see those posts

Looking at the Top posters in this thread

@KhunLA 500 posts @JBChiangRai 390 posts @Yellowtail 329 posts and myself at 145 posts

so the comment about scrolling past these posts each day sometimes serveral times a day is misleading and grossly exaggerated

4 minutes ago, motdaeng said:

 

... and once again, your private competition continues ... you never seem to get tired or need a break ... i don't think i'm wrong in saying that most members are tired of your privat statistics discussions ... i certainly am! please give us a break ... 

Hardly private Its a  press release from   The European Automobile Manufacturers’ Association 

As for speaking for most members as you seem to claim I don't recall 

a member poll being posted so I assume you just make that up

The simply solution for you is put me on ignore why is that so diffcult for you

19 minutes ago, JBChiangRai said:

No, I am suggesting that neither you nor I post statistics.

As stated I didn't post  statistics I posted Press releases from  The European Automobile Manufacturers’ Association as shown here

Home | Press releases | New car registrations: -18.3% in August 2024; BEV market share down by almost one third

In August, battery-electric cars accounted for 14.4% of the EU car market, down from 21% the previous year. This represents the fourth consecutive month of decline this year, contrasting sharply with the almost consistent month-on-month increases last year. Plug-in hybrid car registrations were also marked by a sizeable 22.3% decline. The combined share of petrol and diesel cars also dropped slightly to 44.3%, down from 45.1%.

In August 2024, registrations of battery-electric (BEV) cars dropped by 43.9% to 92,627 units (compared to 165,204 the same period last year), with their total market share slipping to 14.4% from 21% a year before. This was driven by the spectacular drop in the two biggest markets for BEV cars: Germany (-68.8%) and France (-33.1%). From January to August, 902,011 new battery-electric cars were registered, representing 12.6% of the market.

https://www.acea.auto/pc-registrations/new-car-registrations-18-3-in-august-2024-bev-market-share-down-by-almost-one-third/

Now if you think the  The European Automobile Manufacturers’ Association press release is wrong 

Best solution is contact them and explain to them why their press release is incorrect