Huge markup on imported foods. Why?

[ronster]

42 minutes ago, CallumWK said:

 

Not the same. A permanent discount, followed by more permanent discounts, is not the same as a temporary sale

Their cars so pretty sure they can put whatever price on it they want .

I have bought TVs, clothes etc over years and seen them drop in price permanently . TV went from £2000 to £1000 and stayed at that price .So should I have asked every retailer for my money back 😄

[wimpy]

30 minutes ago, Bandersnatch said:

So if a BYD Seal AWD Performance is worth ฿200,000 after 10 years then the depreciation would be the same.

 

Will be interesting to see what they are going for in ten years. If dirt cheap, I'd gamble on one. Fun car.

[CallumWK]

1 minute ago, ronster said:

TV went from £2000 to £1000 and stayed at that price .

 

I doubt that was over a period of only a few months, as it is with BYD.

 

The price decreases with TV's is over the period of years, and because production costs decrease, while with BYD it is over just a few months because of the massive CCP subsidies to get their crap sold

[ronster]

3 minutes ago, CallumWK said:

 

I doubt that was over a period of only a few months, as it is with BYD.

 

The price decreases with TV's is over the period of years, and because production costs decrease, while with BYD it is over just a few months because of the massive CCP subsidies to get their crap sold

No it was a instant price drop and never went back up again . Less than 6 months after I paid £2000 .

[Chongalulu]

19 hours ago, scubascuba3 said:

Guy on a podcast the other day bought a Porsche 3 years ago £150k, now worth £30k

"There’s a guy works down the chip shop swears he’s Elvis"….

[Formaleins]

21 hours ago, stratocaster said:

From the Thai media. The group, Thai BYD owners association have petitioned the government about the unfair discount practices that have seen some members  claim that their BYD EV has lost 340,000 in the last12 months on resale value. Also they were promised from BYD, free charging at dedicated charging points which turn out to be only open at certain times and normally there is a large queue.

Lost 340000...... how much were people paying for this crap? Burn Your Dreams and your home and garage!

Edited 1 hour ago by Formaleins

[newnative]

20 hours ago, scubascuba3 said:

Guy on a podcast the other day bought a Porsche 3 years ago £150k, now worth £30k

No surprise there.  German luxury cars typically have some of the steepest declines in value.  

[newnative]

5 hours ago, vinny41 said:

Buffett's Berkshire Hathaway drops BYD stake to less than 5%

Even for Warren Buffett, BYD can be called a long-term holding. Berkshire Hathaway first bought a stake in BYD in 2008. Berkshire began selling shares in August 2022, cutting just over half its holding over the next two years. As of July 2024, Buffett owned less than 5% of BYD's Hong Kong H-shares, below the threshold where it has to disclose further sales.

    They might have held on to more of those shares.   Not sure which they have/had but BYDDY has gone from around $43 a share to around $83 a share in the last 52 weeks and is currently trading at $75.70 a share.

[Keep Right]

Electric vehicles can catch fire if they are inundated by saltwater, so owners who live in the path of a major storm like Hurricane Helene should take precautions and prepare for the possibility that they’ll be unable to charge their cars during a power outage.

 

https://apnews.com/article/hurricane-helene-electric-vehicles-fire-flooding-0284e2eb2accc0570361def4e963eda0

 

EV vehicles are a very poor choice and investment. Stupid is as stupid does.

[NevisIndustry]

21 hours ago, scubascuba3 said:

I heard EVs do drop in price rapidly as they are disposable like phones, we know how long those batteries last

I am personally very content to have been able to buy a BYD in TH at a price of THB 560k with full 8 years warranty. 
 

if I have to “dispose” of it after 8 years once warranty is over and in the event serious problems will happen after I am happy and have driven the cheapest vehicle of my life. 

[vinny41]

18 minutes ago, newnative said:

    They might have held on to more of those shares.   Not sure which they have/had but BYDDY has gone from around $43 a share to around $83 a share in the last 52 weeks and is currently trading at $75.70 a share.

 

Edited 1 hour ago by vinny41
typo

[vinny41]

typo

[newnative]

1 hour ago, Bandersnatch said:

As usual the main concern for those who don’t own an EV is depreciation. So let’s consider some evidence.

 

I purchased a D segment Saloon/Sedan in the same class as a Toyota Camry and a Honda Accord. My car is the top of the range BYD Seal AWD Performance so I will compare with the respective top of the range cars.

 

The Camry and Accord cost ฿200,000 more than the Seal 

 

 

 

I will ignore the fact that the Seal came with ฿230,000 worth of freebies 

 

 

 

So what is the dealer price for an Accord and a Camry after 10 years?

 

 

 

 

 

So if a BYD Seal AWD Performance is worth ฿200,000 after 10 years then the depreciation would be the same.

      Spouse and I came to the same conclusion when we were debating a new CR-V purchase or a BYD Sealion.  The numbers greatly favored the Sealion, even if the depreciation is steeper, and we have ordered a Sealion.  

[Bandersnatch]

8 minutes ago, Keep Right said:

EV vehicles are a very poor choice and investment.

 

No vehicle you can buy in Thailand is a good investment.

 

9 minutes ago, Keep Right said:

Stupid is as stupid does.

 

One of my favorite quotes is:

"Better to remain silent and be thought a fool than to speak and remove all doubt." - Maurice Switzer, 1907

[billd766]

2 hours ago, motdaeng said:

 

yes you are right! i had an ice car and the engine failed and I was done ... 

Yet my clunky old 2001 Ford Ranger diesel ICE is still clunking away nearly 23 years later with 472,xxx km on the clock with the original engine and transmission. I have gone through about 5 batteries though. They only cost about 3,xxx baht each to replace.

[Unamerican]

21 hours ago, Photoguy21 said:

if you dont drive

But I never drive my phone!  So not a problem, or is it? 

[motdaeng]

18 minutes ago, Keep Right said:

EV vehicles are a very poor choice and investment. Stupid is as stupid does.

 

today, i find myself agreeing with many well-informed and experienced people (regarding bev)...

... "stupid is as stupid does" ... perfectly captures a lot of posts ...

 

[Unamerican]

25 minutes ago, Keep Right said:

major storm like Hurricane Helene

When is she visiting Thailand, or her like?? 

[vinny41]

1 hour ago, Bandersnatch said:

As usual the main concern for those who don’t own an EV is depreciation. So let’s consider some evidence.

 

I purchased a D segment Saloon/Sedan in the same class as a Toyota Camry and a Honda Accord. My car is the top of the range BYD Seal AWD Performance so I will compare with the respective top of the range cars.

 

The Camry and Accord cost ฿200,000 more than the Seal 

 

 

 

I will ignore the fact that the Seal came with ฿230,000 worth of freebies 

 

 

 

So what is the dealer price for an Accord and a Camry after 10 years?

 

 

 

 

 

So if a BYD Seal AWD Performance is worth ฿200,000 after 10 years then the depreciation would be the same.

You might want to check your settings in one2one as there are 2014 Toyota Camry from dealers ranging from B495K downwards

there are 14 2014 Toyota Camry with higher prices that your picture shows

https://www.one2car.com/รถ-สำหรับ-ขาย/toyota/camry/year-2014?page_size=26&page_number=1&sort=price.desc

Similar with Honda Accord 2014 dealers ranging from B609K

There are 26 2014 dealer listed cars with prices higher than your picture snapshot

https://www.one2car.com/en/cars-for-sale/honda/accord/year-2014?page_size=26&sort=price.desc&page_number=2

[Unamerican]

2 hours ago, Bandersnatch said:

the depreciation would be the same.

As measured/compared how, exactly?? 

[vinny41]

54 minutes ago, newnative said:

    They might have held on to more of those shares.   Not sure which they have/had but BYDDY has gone from around $43 a share to around $83 a share in the last 52 weeks and is currently trading at $75.70 a share.

The Omaha, Neb. -based investment giant recently lowered its holdings in BYD to 4.94% of the company's Hong Kong-listed shares from 5.06%, selling 1.4 million H shares at an average of 246.96 Hong Kong dollars, or about $31.64 each, according to an exchange filing Monday

These were BYDDF which according to google are currently trading at $37.75 usd

https://www.google.com/finance/quote/BYDDF:OTCMKTS?sa=X&ved=

[Bandersnatch]

9 minutes ago, Unamerican said:

As measured/compared how, exactly?? 

 

Original purchase price less residual value = depreciation.

 

Three comparable cars (class D saloons) at a similar price. There is clear evidence that the Accord and Camry both fall to practically zero after 10 years, so how can the cheaper BYD depreciate more?

 

 

[vinny41]

5 minutes ago, Bandersnatch said:

 

Original purchase price less residual value = depreciation.

 

Three comparable cars (class D saloons) at a similar price. There is clear evidence that the Accord and Camry both fall to practically zero after 10 years, so how can the cheaper BYD depreciate more?

 

 

There is no evidence that the Accord and Camry both fall to practically zero after 10 years

when you look at one2one website 

2014 Toyota Camry from dealers ranging from B495K downwards

Honda Accord 2014 dealers ranging from B609K downwards

B609K and B495K I would not consider those prices to be practically zero

[DavisH]

20 hours ago, richard_smith237 said:

I don't see that the prices drop any more than ICE's do...  that would be my concern if buying one, but I've seen no evidence of the prices dropping (and this thread is about the show rooms lowering prices on new models forcing the value of already purchased models to drop - which is a different argument). 

There was recent posting of a low km byd seal for sale at 1M, baht, so that's a 500K drop in less than a year. It's not advertised anymore so I guess someone snapped it up. Losing a 1/3 of value in 1 year is steep.