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Feel sorry for AN posters who bought electric


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6 minutes ago, Patong2021 said:

Electric vehicles are at he start of their industry life and to date have delivered far more reliability and sustainability than than the conventional automobiles did in their prime of life from 1950-2000. 

 

Car Recalls: Models With The Highest And Lowest Projected Recall Rate, Per New Study

 

Among the findings was the unexpected prominence of electric vehicles at the top of the most recalled list, with six of the seven most recalled cars being EVs. This included all four Teslas, along with Porsche’s Taycan (in the number one spot) and the Lucid Air (in the fifth slot).

 

https://www.forbes.com/sites/kbrauer/2024/07/11/car-recalls-models-with-the-highest-and-lowest-projected-recall-rate/

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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

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2 minutes ago, Patong2021 said:

Many of the EV recalls are minor issues that can be fixed without going to a dealership. They are software related.

 But they remain recalls.

 

2 minutes ago, Patong2021 said:

When OTAs were not included in the recall numbers, all four Teslas fell out of the Top 25 most recalled car list, as did the Rivian R1S.

 

But they remain recalls, and they were certainly also not in the top 25 of most sold cars

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No Forrest Gump this time.

 

But the message is the same.  
 

Even for the U.S. Secretary of Energy who was……..yikes… stranded in an EV.

 

But yes, in keeping with the subject title I feel sorry for the AN posters who brought EV’s.  
 

Some people are more gullible than others.

 

 

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16 hours ago, JBChiangRai said:
16 hours ago, Ralf001 said:

 

not sold... i wonder why !


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

 

Yes, it tells me that the resale value is even worse, if you can't even sell 1 from a limited number available.

Edited by CallumWK
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I feel sorry for the ICEV owners buying at silly prices for under performing vehicles that use an expensive fuel that degrades all parts of the engine it comes in contact with.

 

Guess they enjoy paying 2 to 5 times the cost to energize their transportation every week or so.

 

All those 2nd hand cars they won't be able to sell, as people are waking up and seeing the light ...

 

oie_RloHURnyZhCz.jpg

Edited by KhunLA
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1 hour 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


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

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6 minutes ago, motdaeng said:

serious question:

why do ice (internal combustion engine) car drivers always attack ev (electric vehicle) owners?

why do this people keep using the same old arguments, most of which are either incorrect or have been debunked multiple times?

why are ev-haters so poorly informed?

 

ev cars aren't perfect, but no one is forcing you to go electric. 

ice cars aren't perfect either, and no one is forcing you to buy one!

 

 

for those of you who are open-minded, this is a good read. it may be a bit outdated and mostly about the situation in the uk,

but i can give you a more balanced view on ev cars.

 

 

 

Could be envy. Used to be that I didn’t like cats but I would never think of criticising a cat owner for their choice. However we adopted a kitten at the end of last year before its eyes were even open and she is now the darling of the house. Still stupid though, getting stuck up in the tree a couple of times a month.

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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

 

 

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4 minutes ago, vinny41 said:

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

EV dump prices affect insurance capital

 

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! 

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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

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22 minutes ago, Gweiloman said:

I didn’t realise that ICE vehicles don’t catch fire. Thanks for that revelation.

 

On the other hand, I don’t feel sorry for having bought an EV. In fact I’m delighted that I’m saving thousands of baht every month not having to spend money on petrol and other consumables that ICEVs require. It’s even more satisfying currently thanks to the free charging given by BYD to some of the earlier buyers. I especially value the quiet time I have watching videos on my huge infotainment screen while charging, in air conditioned comfort. All for free of course.


The tree huggers won’t be happy.

 

 

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2 minutes ago, vinny41 said:

 

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

 

 

@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? :smile:

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Posted (edited)
1 minute ago, JBChiangRai said:

I tend to change my cars every 1 or 2 years. 
 

I know the car market very well, that’s why myself and one of my daughters drive EV’s.  Decisions gained from knowledge trump opinions gained from ignorance or prejudice.

 

Okay, I retract my comment. I read the other link, so fine.

 

However, you did say in that thread that cars are total cr@p and you basically bought a disposable Chinese vehicle to cut losses.

Edited by Celsius
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8 minutes ago, vinny41 said:

 

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


We purchased at 771,000 THB. The plus model is 10,000 THB more than the standard model and comes with roof  rails and HEPA PM 2.5 air filter.

Edited by JBChiangRai
Correct number
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1 minute ago, Celsius said:

 

Okay, I retract my comment. I read the other link, so fine.

 

However, you did admit that cars are total cr@p and you basically bought a disposable Chinese vehicle to cut losses.


No, I didn’t admit Chinese cars were total crap, I don’t believe that and I’ve  never believed it, although I suspect 10 years ago, they may have been, but I have no knowledge of that.

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Just now, motdaeng said:

 

is she your mother or your ex wife? you seems to like (stalk) her ... :cheesy:

She’s your wife.  She wanted to hook up but had to tell her she’s not my type.

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