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vinny41

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Everything posted by vinny41

  1. It would appear that some manufacturers aren't interested in Car of the year Perhaps it is a measure of the perceived lack of importance for this understated award that Peugeot chose not to bring its new 3008, but what is the explanation for Volvo delivering a sole example of its highly-fancied EX30 with only a 2 per cent charge in the battery, not even enough to get it to the nearest charger? https://www.telegraph.co.uk/cars/features/car-of-the-year-2024-uk-models-finalists-ranked/ Looking at the snapshot of each model the author isn't that keen on any model as stated in the comments section best described as None of the above
  2. MG EP, EP+ or ES ( Electric only ) Thailand are named as MG5 in the Uk so ignore any UK reviews of MG5 unless you thinking about EV only MG5 is sold in Australia MG5 2024 Review: ZERO STARS for safety in shock crash test conducted after filming https://www.youtube.com/watch?v=etpAKiFGGto 2023 MG5 review & 0-100: How bad can it be? https://www.youtube.com/watch?v=AoNdDukyklU
  3. This is what cars of the future will look like if there is no fossil fuel available https://flintstones.fandom.com/wiki/Flintmobile?file=The_Flintstones_Flintmobile.jpg
  4. People in the UK looking for Byd cars at GBP 20K are in for a long wait looking on Auto trader cheapest Byd car starts at £29K for a Dolphin and £31K for an used Atto 3 and £43K for Byd Seal https://www.autotrader.co.uk/car-search?advertising-location=at_cars&fuel-type=Electric&make=BYD&moreOptions=visible&postcode=SW1A 2AA&sort=price-asc @KhunLA According to this your MG ZS EV has the best Energy consumption of electric vehicles rating of 297 Wh/mi for cars below B1,000,000 https://ev-database.org/uk/cheatsheet/energy-consumption-electric-car As your a subscriber to Harry’s Garage maybe you should ask him why he doesn't talk about EV fires
  5. I'm back in a diesel after 4yrs running both EV & PHEV. What needs to change to get me to go back?
  6. Unless you working for TAT the total number of vehicles sales in Thailand was 775,780 of which 76,314 were EV sales which represents 9.8% of the total vehicle sales and no matter what way you try to spin the total market share of 2023 is doesn't change any of the figures above You should look at it as a great success story as the yearly EV figures for 2022 were 9,729 cars
  7. It is perfectly valid to look at the total number of vehicles sales for 2023 rather than looking at selective 2 months where the % of registrations are higher due to the EV 3.0 subsidy ending unless your working on the TAT projection model of number of tourists Here are the results of a Carsome survey This is the origin of the survey of 200 CARSOME customers in February 2023 until finding interesting information as follows. One in three consumers , or 30.2%, are likely to be interested in purchasing a used EV vehicle in the next 1-2 years. 23.3% still not sure 46.5% have no interest https://www.brandbuffet.in.th/2023/03/carsome-launch-used-car-ev/ As to more Buyers than sellers that doesn't appear to be the case given your daughter recent car sale advertised November 8th 2023 and still not completed and @brfsa2 recent post where she sold a 2019 MG ZS EV to Carsome who took 6 months to find a buyer
  8. The 20% figure is only related to EV registrations for January 2024 if we look at total vehicles sales in Thailand for 2023 that was 775,780 of which 76,314 were EV sales which represents 9.8% of the total vehicle sales How well the 2nd hand EV market in Thailand will largely depend on a number of factors financial institutions are waiting for price stability within the new EV car sales market before lending against used EV cars. At the moment they are not seeing that price stability when Tesla and other brands don't meet their sales targets or have oversupply of certain models what do they do to resolve the issue is reduce prices When Chevrolet Thailand decided to exit Thailand with a 50% price reduction on a number of models financial institutions overnight announce that they would no longer accepting finance applications for Chevrolet models Obviously the fire sale had a huge impact on the price of used Chevrolet models For the used EV car market in Thailand, Mr. Siwapoom Lertsansaran Managing Director of Carsome (Thailand) Company Limited admits that right now it is still difficult to answer. Because the market is not yet clear and there is considerable risk. Whether the needs of consumers are changing all the time, including the price of used EV cars in Thailand, there is still no clear standard. And financial institutions' policies for lending used EV cars do not yet have a clear pattern. https://www.brandbuffet.in.th/2023/03/carsome-launch-used-car-ev/
  9. As to second hand EV's in Thailand that appears to be a developing market at the moment as stated in this article here Pinyo further explained that if these seized EVs were to be sold in the second-hand car market, it’s unlikely that financial institutions would provide loan schemes for potential buyers of used EVs. The lack of confidence in granting loans in the second-hand EV market stems from the market’s expected small size and the continued fluctuation in new EV prices, making it difficult for banks to calculate the value of used EVs, said Pinyo https://thethaiger.com/news/business/electric-vehicle-market-faces-risk-from-non-performing-loans Majority of vehicles purchased in Thailand are purchased using loan repayment finance This article is indicating that buyers have a greater chance of being approved for a loan on a 2nd hand ice vehicle than of a 2nd hand EV vehicle Its great that Macahoom got a good price for his EV as his post here stated he was only expecting peanuts "It's so good, I'm sorely tempted to buy one. The problem is, it's difficult to justify getting rid of my ZS. For a start, I'd get peanuts for it - no matter how good it is" https://aseannow.com/topic/1257405-electric-vehicles-in-thailand/page/58/#comment-17954163 As for your own sale I do recall that initially you priced your daughter MG EP+ at B699K and then you reduced it to B599K I guess due to brand new MG EP+ being advertised for sale on Facebook for B699K
  10. I think when it comes to major ticket items such as property and vehicles the majority of buyers in Thailand are concerned with potential resale values given that most buyers are encouraged by dealerships to put down the absolute minimum in down payment (it should be at least 15% of total purchase price but I have seen dealers offering 5% ) and then spreading the loan repayments over 7 years ( huge commission payments from the finance companies to the sales agent I have seen contracts where people are paying an extra 30% of the total cost of the vehicle in interest payments over the total purchase price if they paid cash and they hope that when it comes to trade in and buy another car that the resale value will be sufficient to pay off the balance of the loan and fund the down payment on a new vehicle
  11. Both in Thailand and the UK year and months are taken into consideration when providing valuations for example Toyota and a number of other brands do a minor change mid year so last year you could have a Toyota purchased in April and built in March and the specs would be based on the 2023 specs if you purchased the car in July with a build date of June 2023 the specs would be based on current 2024 specs. In the UK new car registrations are every March and September so a 2023 model purchased in February 2023 does receive a lower valuation when compared to an October 2023 model
  12. This Telegraph article was written in May 2023 so it was comparing a 3 year old EV purchased in 2020 with a 3 year old ICE model also purchased in 2020 as stated here A driver who bought an electric BMW i3 in 2020 would have paid £39,000 and could sell the car for £13,900 today, a depreciation of 64pc. However the petrol equivalent has maintained much more of its original value. A new petrol-powered BMW 3 series cost £32,000 on average three years ago but would sell for £22,360 now – a drop of just 30pc. https://www.telegraph.co.uk/money/consumer-affairs/electric-car-price-fall-second-hand-tesla-bmw/#:~:text=A driver who bought an,more of its original value. As to second hand EV's in Thailand that appears to be a developing market at the moment as stated in this article here Pinyo further explained that if these seized EVs were to be sold in the second-hand car market, it’s unlikely that financial institutions would provide loan schemes for potential buyers of used EVs. The lack of confidence in granting loans in the second-hand EV market stems from the market’s expected small size and the continued fluctuation in new EV prices, making it difficult for banks to calculate the value of used EVs, said Pinyo https://thethaiger.com/news/business/electric-vehicle-market-faces-risk-from-non-performing-loans Majority of vehicles purchased in Thailand are purchased using loan repayment finance This article is indicating that buyers have a greater chance of being approved for a loan on a 2nd hand ice vehicle than of a 2nd hand EV vehicle
  13. Electric cars losing their value twice as fast as petrol alternatives Early adopters have seen huge amounts wiped off the value of their purchases rs. A driver who bought an electric BMW i3 in 2020 would have paid £39,000 and could sell the car for £13,900 today, a depreciation of 64pc. However the petrol equivalent has maintained much more of its original value. A new petrol-powered BMW 3 series cost £32,000 on average three years ago but would sell for £22,360 now – a drop of just 30pc. https://www.telegraph.co.uk/money/consumer-affairs/electric-car-price-fall-second-hand-tesla-bmw/#:~:text=A driver who bought an,more of its original value.
  14. It was quite clear that you didn't watch the video as you replied 4 minutes after I posted and the video was 21 minutes long The article I linked show the 10 EV cars that values that have dropped between 37% and 42% over the past 12 months price difference between January 2023 and January 2024 The article that you linked from the Telegraph showed the top 10 cars which went up in value in 2023 and compared the price differences between 2022 and 2023 of which 9 of them would appear to be ICE cars It appears you have no answer to falling EV depreciation prices so you deployed standard fall back solution of attacking the poster
  15. Clearly you didn't watch the video as it listed the 10 cars that values that have dropped between 37% and 42% over the past 12 months no mention about any cars that have appreciated in value
  16. 37%-42% Depreciation on 1 year old 10,000 miles UK electric cars
  17. Here is a case in Australia where the host contacted a guest because she left a review of ok https://www.theage.com.au/national/victoria/rot-in-hell-airbnb-owner-fined-2500-for-harassing-guest-over-review-20220527-p5aozk.html and another one in Canada https://www.usatoday.com/story/travel/roadwarriorvoices/2015/09/01/airbnb-hosts-threatened-to-sue-guests-over-negative-reviews/83071380/
  18. Personally I think the Op is on a sticky wicket here it would appear he left his review based on a throwaway comment left by his cleaning staff that this villa was more dirty than another villa no photographic evidence can't even claim to have seen the dirt with his own eyes How dirty is dirty is impossible to define we know that Howard Hughes definition of dirty was very high 2 families walk into a fast food restaurant at the end of their meals one family took their rubbish and put it in the bins provided the other family just left everything on the table so you could argue one family is more dirtier than the other for years now large companies in USA and Europe only provide start and end dates of employment for fear of being sued i know of one manager that wanted to write war and peace as a reference for an employee he sacked for poor performance ( the employee was also porking the manager wife ) Manager reference request was declined by HR and Legal on the grounds that it would leave the company wide open from a legal point of view
  19. https://www.toyota.co.th/model/yariscross/specification yaris cross here is 210mm https://www.toyota.co.th/model/corollacross/specification corolla cross here is 161mm anyone looking at a European website Europe Yaris cross and Thailand Yaris cross not the same spec as the Thai version is built on different platform UK yaris cross ground clearance is 160-170mm not quoted on Toyota uk website
  20. from brand websites they are all there within the specs for each model
  21. By CSIS’s estimates, total government funding for the NEV sector was RMB 148.2 billion in 2018 ($7.2 billion) and RMB 134.9 billion ($20.1 billion) in 2019, meaning total outlays over the past decade of RMB 676 billion ($100.9 billion).1 https://www.csis.org/analysis/coming-nev-war-implications-chinas-advances-electric-vehicles Figure 6 gives total breakdown from 2009 to 2019 $100.9 billion and $72.3B Combined figure of $173.2B slightly more than chump change
  22. The $28B covers 2009-2022 In June 2023 they announced a further B72.3B tax breaks for periods China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and other green cars, its biggest yet for the industry as it seeks to boost slower auto sales growth. China to exempt NEV purchase tax in 2024-2025 Purchase tax exemption will be halved in 2026-2027 https://www.reuters.com/business/autos-transportation/china-announces-extension-purchase-tax-break-nevs-until-2027-2023-06-21/#:~:text=BEIJING%2FSHANGHAI%2C June 21 (,boost slower auto sales growth.
  23. If going to KL you will need to register and complete new arrivals card Malaysia's New Digital Arrival Card Effective Jan 1st 2024
  24. Both posts seem to indicate the old adage early adopters pay the price
  25. Renault scraps listing of ‘Tesla rival’ amid slump in EV demand Car giant Renault has scrapped plans to list its electric vehicle business on the stock market amid slowing demand and a lack of investor appetite. https://www.telegraph.co.uk/business/2024/01/29/renault-scraps-listing-tesla-rival-ampere-slump-ev-demand/ In mainland China, passenger EV sales growth fell to 28% in the third quarter of 2023, from 108% in the same period a year earlier, according to China Association of Automobile Manufacturers data quoted by Fitch Ratings. https://www.cnbc.com/2024/01/11/chinas-ev-stocks-start-2024-in-reverse-gear-as-price-wars-pressure-profitability.html#:~:text=A continuing price war and,said Morgan Stanley on Wednesday.
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