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vinny41

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Everything posted by vinny41

  1. I can't see any brand car dealership offering a 12 months price protection I can't see any auto manufacturer offering a 12 months price protection I know when Toyota 1st started selling hybrid and buyers were cautious about buying hybrid they did introduce Guaranteed Future Value so after 4-5 years they would buy the vehicle back at agreed price subject to a number of conditions for starters most brand car dealership's are franchise's and they have no control over the price of the vehicle as that it set by the manufacturer When you purchase a car your contract is with the dealer, not the manufacturer the manufacturer may intervene on your behalf to resolve an issue that you may have with the dealership but they wouldn't get involved in pricing or price protection guarantees
  2. I must admit I don't really understand why modular batteries aren't used in more models For yourself if you see battery degradation in one module you can make the choice accept the reduce range or replace the faulty module
  3. This website https://web.dlt.go.th/statistics/ is the DLT which is the same source that autolifethailand is using except for their figures that are taking R.Y.1 Private passenger car with no more than 7 people plus R.Y.6 Vehicles for hire carrying no more than 7 passengers plus an unknown vehicle class or classes as there is 11 vehicles missing Someone asked me once do I believe everything that journalist writes it does help when you understand how they are producing figures
  4. I have seen reports of MG ZS EV battery module being available for B75K I think the total number of battery modules are 6 There is a company in Canada selling EX30 battery modules for B315,489 https://www.volvocarstorontoparts.ca/p/Volvo__EX30/Cell-Modules--High-Voltage-Battery-Outer-CELL-MODULE--EXCH/133967523/36012112.html
  5. February 2024 registrations January Sales Total number of R.Y.1 Private passenger car with no more than 7 people 48,774 all fuel types Total number of R.Y.1 Private passenger car with no more than 7 people EVs 3,530 approx market share 7.3% https://web.dlt.go.th/statistics/
  6. Your wallet has been open and still open for many years by the petrol conglomerates with petrochemicals by product if you want to stick one up on the petrol conglomerates see if you can buy Fred Flintstone car similar to this one https://www.dailyrecord.co.uk/news/local-news/yabba-dabba-shotts-man-puts-7654559
  7. Everyone knows Shell fuel prices are higher than any other Brand Everywhere else Diesel B29.94 per litre https://www.bangchak.co.th/en/oilprice/historical
  8. Debt levels are the largest hurdle that is preventing people from buying new cars At the moment the average interest rate on new cars is 10% per year as dealers tend to advise customers to take out a 7 or 8 year finance agreement lower monthly payments for customer higher commission fees from Finance lenders to dealers At the moment 50% of all car loan applications are rejected F.T.I. reveals 50% loan rejection for car purchases https://www.bangkokbiznews.com/business/economic/1114429 Thailand's household debt in the third quarter of 2023 came in at 16.2 trillion baht, marking a 3.3% year-on-year increase and accounting for 90.9% of the country’s gross domestic product (GDP). https://www.nationthailand.com/thailand/economy/40036098 300,000 additional cars were repossessed in 2023 over and above the normal repossessed rate of 150,000-180,000 and its forecast that between 250,000-300,000 cars over and above the normal repossessed rate will be repossessed in 2024 https://theactive.net/news/economy-20230229/ It expected there will be a number of repossessed EV's going to auction in 2024 and will be sold for firesale prices cash buyers only
  9. A somewhat misleading post as the price of E91 over the past 8 years has ranged from lowest B16.68 in April 2020 to current high of B40.18 if we apply the lowest figure of B16.68 for the years of ownership of your ICE MG ZS you get a different calculation https://www.bangchak.co.th/en/oilprice/historical?year=2020
  10. These are February car sales data as it is registration data and normally takes 4 weeks to go from sales data to to enter the registrations as for the relentless growth of EVs here replace ICE cars you qualify for a job with tat with approx 12 million ice cars on the road
  11. Background Article This Is The Highest Mileage Electric Car In The World A German man has driven his 2014 Tesla Model S over one million miles across the world. https://www.topspeed.com/highest-mileage-electric-car-in-the-world/ The Tesla just needs to do another 2,828,032 km to catch up to this Volvo P1800 Here’s A Close Look At Gordon's Volvo P1800 With Three Million Miles https://www.motor1.com/news/529418/gordon-volvo-p1800-close-look/
  12. You have to remember that March registrations are actual February sales so Suzuki promotion from March 1st to April 7th wouldn't show up in the DLT report until week 1 of May for March sales and week 1 of June for April sales figures Hence why little change in current report as Suzuki promotion hadn't started
  13. I think some brands will be in for a shock this year If we look at BYD sales for 2023 from February 1st 2023 to 31st Jan 2024 the total sales were 37,334 https://autolifethailand.tv/register-ev-bev-thailand-dec-2023/ Byd sales for 2024 from February 1st 2024 to 31st March 2024 are 2,218 Rever has set "cautious, but realistic targets" for this year, after delivering 40,000 BYD cars in 2023. "Best case scenario is 100,000 units, worst case is 60,000. Their worst case projection figure means selling 5,000 cars every month x 12 Their best case projection figure means selling 8,333 cars every month x 12 January 2024 sales figures ( February 2024 registrations ) were 1,068 February 2024 sales figures ( March 2024 registrations ) were 1,132
  14. Problem for sales is a number of factors Interest rates for new cars 2024 is on average 10% per year if a person opts for a repayment plan over 7/8 years that's like buy one car pay for 2 Banks and finance are talking about 30% minimum down payment of 30% Huge increase in repossessed cars up from 150,000 to 300,000 in 2023 forecast for 2024 repossessed cars is 300,000 cars depressed used car market due to extra stock available ( repossessed cars) Banks and finance sell for what ever they can get and then go after the owner for the balance if the auction price doesn't clear outstanding debt Bank of Thailand has stated that household debt to gdp is currently 190.9% they want this reduced to 180% or below FTI stated that finance rejections are at all time high of 50% rejection rate inflation cost of living Interest rates for new cars 2022 was on average 3% per year
  15. 'Pok Phonprapha' opens up about the reason for cutting the price of BYD up to 250,000 baht, insists it's according to market forces - he's not the one who started it. https://autolifethailand.tv/byd-price-war-discount/
  16. @Yodarapper has previously posted both himself and his wife are on temporary assignments in Thailand for another 12 months or 24 months max He currently renting a MG ZS for 18K per month 10 days ago he was thinking about replacing the MG ZS rental with a 2011 Chevrolet captiva with 68km for B250K so if he sticks with his MG ZS rental for the next 24 months is going to cost B432,000 including road tax, insurance, maintenance only additional cost is fuel or buy the 2011 Chevrolet captiva with 68km for B250K budget 24 months road tax, insurance, maintenance cost of fuel If you thinking about buying an EV suggest you look at Neta V B499k NETA V II LITE 549,000 baht NETA V II SMART 569,000 baht if you take into account your fuel savings these models will have a similar cost outlay over 24 months to your existing MG ZS for 18K EV used car market is a huge unknown at the moment as finance and banks aren't lending on used EV at the moment At the end of your stay in Thailand put the ev on facebook marketplace for cash buyer you should recover any money the car owes you Purchasing a B1.4 million car for a 2 year stint in Thailand is not advisable with having to offload car, pay back finance balance unknown values https://autolifethailand.tv/official-price-neta-v-ii-minorchange-ev-thailand/
  17. MG EP The company has inspected the vehicle. The cause was found to be due to high humidity in the compressor of the air conditioning system, causing the insulation resistance to be lower than standard. In this regard, the company's technical staff has taken action to fix the vehicle to return to normal operation at 6:00 p.m. on Sunday, March 31, 2024. https://www.facebook.com/photo/?fbid=25088022010813602&set=pcb.7299101756877025 https://www.facebook.com/groups/2389905174463399/permalink/7299101756877025
  18. I think you are dreaming you posted the same question 24th January 2024 and for atto3 rental is around 28-30k per month https://aseannow.com/topic/1257405-electric-vehicles-in-thailand/page/154/#comment-18641254
  19. Here is a website that explains the relationship between OEM ( GWM being an OEM ) and there suppliers At the end of the day it is always the OEM that has the final call on the price point of each component part Tier 1 suppliers are the top dogs. They manufacture and supply automotive-grade parts and systems directly to the OEMs. They have built their businesses on long-term relationships with these OEMs, with whom they often jointly set cost targets and share product developments. https://www.indx.com/en/posts/driving-innovation-for-automotive-suppliers#:~:text=The automotive supply chain can,parts needed by Tier 1. OEM will have contracts with Tier 1 suppliers Tier 1 suppliers will have contracts with Tier 2 suppliers Tier 2 and 3 suppliers normally don't have any contracts with the OEM
  20. I think made in Thailand so no import tax GWM think current Thailand price is to low and should be B300,000 higher https://www.nationthailand.com/pr-news/perspective/40001877
  21. I think this year brands wouldn't be focused on bookings so much and instead focus on completed sales as the FTI are stating at the moment rejection rate for finance is 50% so expect completed sales will be down some brands have already downgraded their forecast total number of sales for the year 2024 due to current sharp economic contraction Neta was reporting 20% finance rejection last August
  22. the ip67 rating I found for current MG ZS EV and MG EP+ were from MG Thailand current pages there isn't a huge difference between IP67 and IP69 IP69K adds protection Powerful high-temperature water jets
  23. It seems that GWM is not happy with the price war between Brands and is planning to ask Chinese Government to operate a cartel regarding price reductions There are other reports ( can't link here due to forum rules) that GWM is planning to operate a price we publish is the price you pay no price reductions or discounts I think Tesla use to have a similar policy while their sales were high and no competition My own personal view is sometimes manufacturers when they launch a new product in a new country they simply pick a price out of the air and run with that or reduce the price if there not getting the sales numbers they were expecting https://autolifethailand.tv/gwm-chinese-brand-price-war/
  24. IP67 according to MG https://www.mgcars.com/th/mg-models/new-mg-zs-ev/maintenance I have seen non mg sites use ip69K but no information on how they arrived at that rating Interesting MG video shows how zs ev battery built does state IP67
  25. Is this a new marketing technique I don't believe that BYD and a number of other brands haven't received a single booking at the current motor show more likely not releasing figures for some reason Details of car reservations at the event https://bims45.motorshow.in.th/statistics#
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