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Feel sorry for AN posters who bought electric


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39 minutes ago, BritManToo said:

Had my 1997 Nissan Big-M pickup for 14 years, paid 150kbht ...... now worth 50kbht.

So less than 10kbht depreciation per year.

 

@KhunLA How much do you think it's price will plummet next year?

 

Ptetty good....

 

Vs Atto3 that loses 500,000 baht a year apparently 

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47 minutes ago, BritManToo said:

Had my 1997 Nissan Big-M pickup for 14 years, paid 150kbht ...... now worth 50kbht.

So less than 10kbht depreciation per year.

 

@KhunLA How much do you think it's price will plummet next year?

That's a keeper as a spare, and shopping large items.   Only reason we kept our Honda Wave 125i so long, as only drove it to put air in the tires and top it up.   But, JIC the car was down, still have transport.

 

And the Neta, is used, and possibly up to 75k kms on it, made 2022.

image.png.82edaa39fda3f0125f00df2e99ba0305.png

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2 hours ago, BritManToo said:

310kbht for a NETA PLUS 

If that was in a showroom near me, I'd probably buy it.

If I go electric, that will be my price range.  Perfect. Get's ya from point A to point B?  Good enough!

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19 minutes ago, connda said:

If I go electric, that will be my price range.  Perfect. Get's ya from point A to point B?  Good enough!

Easy Rider ... 😎

 

image.png.95a7af0abaccf77b21bc77b16815ad79.png

 

One the subject of scooters, they've also come down.  Not price war, as actually MSRP is up, but govt incentive of ~18,000, on DECO make/models at least.

 

Ours was (2021)  ฿73,900

Upgraded now    ฿63,640 (82,900 - 19,000+)

 

image.png.ff2e00df08757a52aac59308a7dee9f9.png

Edited by KhunLA
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1 hour ago, NoDisplayName said:

 

Nio is partnering with Sinopec to install battery swap stations at Sinopec petro stations throughout China.

 

Other YouTube video shows a Nio battery swap station in Netherlands, so these vehicles meet Europa safety standards.

https://www.youtube.com/watch?v=yU5D4lvsnww&ab_channel=NIONederland

 

Would need to get a similar partnership set up with PTT here.

 

 

It's NIO not NEO. Thank you. And yes, the article was about the same - apparently NIO is opening a factory in Hungary to build these battery exchange stations.

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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

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Given that EVs are essentially a battery on wheels with that battery having been one of the primary cost of an EV, my guess is that EV prices will continue to trend lower.  Not a bad thing if it brings them down to a reasonable price.

Benchmark_5_Lithium-Prices-2013.thumb.jpg.1e97c34422c0e88a68caccb89b7d9f25.jpg

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6 hours ago, KhunLA said:

I feel sorry for the folks still holding on to their ICEV, as prices will plummet next year.  Especially after those BEV pick ups hit the market.

 

I bought a Vios about 10 years ago, cost me 600k baht.


Zero problems on it over the full 10 years, only did about 22,000 km total, couple of scratches, good for a few more years I think

When I'm done with it I'll pop down to Toyota and order a new one then just toss the old one out like the disposable tool it is.

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41 minutes ago, connda said:

Given that EVs are essentially a battery on wheels with that battery having been one of the primary cost of an EV, my guess is that EV prices will continue to trend lower.  Not a bad thing if it brings them down to a reasonable price.

Benchmark_5_Lithium-Prices-2013.thumb.jpg.1e97c34422c0e88a68caccb89b7d9f25.jpg


I am getting worried about you, finally, you posted something, sensible, are you feeling right? What caused this latest bout of sanity?

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30 minutes ago, ukrules said:

 

I bought a Vios about 10 years ago, cost me 600k baht.


Zero problems on it over the full 10 years, only did about 22,000 km total, couple of scratches, good for a few more years I think

When I'm done with it I'll pop down to Toyota and order a new one then just toss the old one out like the disposable tool it is.

 

So, you are buying a Toyota, not China Electric?

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53 minutes ago, ukrules said:

 

I bought a Vios about 10 years ago, cost me 600k baht.


Zero problems on it over the full 10 years, only did about 22,000 km total, couple of scratches, good for a few more years I think

When I'm done with it I'll pop down to Toyota and order a new one then just toss the old one out like the disposable tool it is.

A new Yaris (vios) cost about 700k now .. no thanks.

 

You only got 22k kms on ... I'd keep it till it died.  I do 22k in one year.  That's too much time in a car for me, as I need more comfort than the Yaris/vios would provide.   Had 2 of them .. I'm not going backwards.

Edited by KhunLA
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19 hours ago, JBChiangRai said:

I don’t believe you do feel sorry, and why would you?

 

EV owners in Thailand are delighted with their purchase.

Maybe for now their happy. Wait till they try to sell it after a few years, or have a minor accident ant the insurance company writes it off due to battery being compromised.

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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

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Posted (edited)
8 minutes ago, vinny41 said:

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

 

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.

Edited by Celsius
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4 minutes ago, motdaeng said:

- there are over 40 million ev owners worldwide... in norway, 94% of new cars in august 2024 were electric ... who are you calling stupid?

 

Norwegians?

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32 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.

 

are you sure about that? if you had followed the thread, you'd know who the real liar is...

calling other members a liar without any reason just reveals who and what you truly are...

Edited by motdaeng
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