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U.K. EV values fall off a cliff

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A quick question about flooding and EVs ..... my village  and some surrounding areas experience some flooding every year, up to about 30cm deep. How well are EV batteries protected  from water? ( I am thinking next car will be an EV).

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2 hours ago, rickudon said:

A quick question about flooding and EVs ..... my village  and some surrounding areas experience some flooding every year, up to about 30cm deep. How well are EV batteries protected  from water? ( I am thinking next car will be an EV).

Keep the March, as BEVs don't do well in 30cm of water, though don't think the March will either.   Our MG battery is rated to be submerged for 30 minutes .... I won't be tested that one out.   I even drive around big puddles :cheesy:

 

Most BEV, PHEV, and especially HEV will handle most of Udon's street flooding.   HEV battery usually sitting on top of engine area.   

 

I'd avoid floor board (submersive) depths though, rated OK or not.  Our clearance is only 17.7cm, I think, but I won't go past 10cm, as keeps the wheel bearing out of the water, since having to replace them in my Vios or Mazda2, since unsealed.

  • 1 month later...
On 8/4/2025 at 11:17 AM, Bandersnatch said:

 

All new cars fall in value as soon as you buy them. My EVs come with 8 years warranty on the car and the traction battery so I don't plan to sell them until then.

All 8 year old cars in Thailand are worth the same - practically nothing.

 

 

 

 

 

 

When you say all 8 year old cars in Thailand are worth practically nothing I have to disagree 

I have sold a vigo that I bought fo 819k new and sold I for 350k after almost 9 years

Try that with a EV

 

Also have a honda civic (cost 1.2 million) that's almost 10 years old and about to sell for 400k  

Even when adding the fuel costs I am sure an EV of similar value would get the same return?

Be interested to see what a Seal gets in 2033

 

My wife is looking at a 2 year old Byd Seal and it's dropped about 400k in 2 years

 

I wonder how much a 5 year old Seal will be ?

Maybe 400k ?

 

Still would be worth it I am sure and buying a 2nd hand EV seems a good deal.

 

Might wait a year and see the price of a 3 year old Seal, I reckon 600k which would not be bad .

 

I do think a 2nd hand EV would  handy for my wife popping to Big c and short trips and can charge with solar

 

I think you’re viewing the decline in value of second hand cars in a linear fashion, whereas in truth the bigger hit is the day it rolls out of the showroom, then the first couple of years.

Following that period the value is stableish.

 

KuhnLA has produced figures showing ice running costs in the region of 50k baht per year plus servicing charges and if you can charge at home it’s effectively free and no service charges, so which second hand car are you going to buy…?

 

When people start to see that car batteries are not like mobile phone batteries the second hand ev market will become very buoyant, more to the point why buy an old ice banger that needs increasing maintenance V an ev ?

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On 8/7/2025 at 4:32 PM, black tabby12345 said:

Rendered useless in case of mass disaster; when energy supply shuts down, unlike fuel-run vehicles.

As long as the sun shines, I will have energy to charge my car.

You think petrol tankers are more reliable than the sun?

3 hours ago, BritManToo said:

As long as the sun shines, I will have energy to charge my car.

You think petrol tankers are more reliable than the sun?

 

Absolutely.

Military is the biggest rescue body in case of large scale natural disasters.

Why they don't rely on electric vehicle, still heavily using diesel vehicles instead?

Because of its self-completion nature.

 

When any regions struck by the force of nature,

power supplying system is likely to be badly damaged(power lines cut).

Even though the Sun itself is permanent. electric power cannot be supplied without elaborate infrastructure.

 

I always like travelling by public transport throughout my life; energy saving minded.

But when it comes to the the electricity-only car, I feel quite negative; its mining promotes desertification of the area yielding Lithium. As well as its car battery's  safey issue(spontaneous combustion risk as seen so often). 

As well as the EPT(energy payback time) of the stuff like solar panel.

 

In other words, I took it one of the biggest eco-fallacy in recent years.

 

I certainly have no love of big oil companies.


To me, it is the matter of one evil VS "another eco-scam"

 

10 hours ago, kwak250 said:

When you say all 8 year old cars in Thailand are worth practically nothing I have to disagree 

I have sold a vigo that I bought fo 819k new and sold I for 350k after almost 9 years

Try that with a EV

 

Also have a honda civic (cost 1.2 million) that's almost 10 years old and about to sell for 400k  

Even when adding the fuel costs I am sure an EV of similar value would get the same return?

Be interested to see what a Seal gets in 2033

 

My wife is looking at a 2 year old Byd Seal and it's dropped about 400k in 2 years

 

I wonder how much a 5 year old Seal will be ?

Maybe 400k ?

 

Still would be worth it I am sure and buying a 2nd hand EV seems a good deal.

 

Might wait a year and see the price of a 3 year old Seal, I reckon 600k which would not be bad .

 

I do think a 2nd hand EV would  handy for my wife popping to Big c and short trips and can charge with solar

 

 

 

What you fail to understand and I have posted multiple examples explaining this, that there is a floor price for used vehicles in Thailand of about ฿400,000.

 

People love to post examples of selling their piece of <deleted> car for ฿400,000 not understanding that once cars in Thailand reach ฿400,000 they really don't fall much more.

 

The fundamental difference between my Seal and your Vigo is that the Seal has an 85kWh battery that is warrantied to have at least 70% capacity after 8 years and will be powering my home for years.

 

As this post is about the UK here is some reality for you. Demand for second hand ICE cars is falling in the UK as people don't want to be stuck with obsolete technology and increasing fear of Zero-Emission Vehicle (ZEV) mandates. Nobody wants to be stuck with a dirty car that they will be banned from driving in half the country.

 

If you think ZEV mandates will never happen in Thailand, your kidding yourself.

 

SalesofsecondhandICE.jpg.af5d2e4413d2812a2d481de3ad7d8202.jpg

 

 

33 minutes ago, black tabby12345 said:

When any regions struck by the force of nature,

power supplying system is likely to be badly damaged(power lines cut).

Even though the Sun itself is permanent. electric power cannot be supplied without elaborate infrastructure.

I charge off grid, no power lines required, no payment required.

  • Popular Post
34 minutes ago, Bandersnatch said:

What you fail to understand and I have posted multiple examples explaining this, that there is a floor price for used vehicles in Thailand of about ฿400,000.

 

People love to post examples of selling their piece of <deleted> car for ฿400,000 not understanding that once cars in Thailand reach ฿400,000 they really don't fall much more.

My 2 year old EV cost me 219kbht.

For the same price I could have purchased a 12 year old Honda City.

 

The original owner paid 450kbht for it in 2023.

2 minutes ago, BritManToo said:

My 2 year old EV cost me 219kbht.

For the same price I could have purchased a 12 year old Honda City.

 

The original owner paid 450kbht for it in 2023.

 

Nice

1 hour ago, Bandersnatch said:

 

 

What you fail to understand and I have posted multiple examples explaining this, that there is a floor price for used vehicles in Thailand of about ฿400,000.

 

People love to post examples of selling their piece of <deleted> car for ฿400,000 not understanding that once cars in Thailand reach ฿400,000 they really don't fall much more.

 

 

 

SalesofsecondhandICE.jpg.af5d2e4413d2812a2d481de3ad7d8202.jpg

 

 

You previously said all 8 year old cars are worth practically nothing

 

Not sure about you but 400k is far from. Nothing

 

I am looking at buying a Seal soon and never thought about the battery being able to power the house in the future which is a bonus.

 

What I have noticed is looking at the fuel costs and the resale value at the moment of our Honda Civic over the last 9+ years I am not sure how much a Seal would have saved/lost unless charging via solar at home

 

Although the price of charging is cheaper it's not such a great deal apart from as you mentioned the battery could still be used to power the house

 

My wife is very interested in getting an Ev car although not the Seal but I am convincing here to get one mainly because of the performance.

 

Still concerned about a 2nd hand Seal on 12car as never know what has happened to them but then again a 2nd EV car would be better and safer to buy than a ICE car as you never know what services are missed and more to go wrong

 

Don't get me wrong I am going to buy a Seal

Looks like a new model will come out soon?

 

Will keep an eye on bahtsold as sure one of the Seal owners on here will sell there one in the future.

 

 

 

 

  • Popular Post
5 minutes ago, kwak250 said:

You previously said all 8 year old cars are worth practically nothing

 

Not sure about you but 400k is far from. Nothing

 

I am looking at buying a Seal soon and never thought about the battery being able to power the house in the future which is a bonus.

 

What I have noticed is looking at the fuel costs and the resale value at the moment of our Honda Civic over the last 9+ years I am not sure how much a Seal would have saved/lost unless charging via solar at home

 

Although the price of charging is cheaper it's not such a great deal apart from as you mentioned the battery could still be used to power the house

 

My wife is very interested in getting an Ev car although not the Seal but I am convincing here to get one mainly because of the performance.

 

Still concerned about a 2nd hand Seal on 12car as never know what has happened to them but then again a 2nd EV car would be better and safer to buy than a ICE car as you never know what services are missed and more to go wrong

 

Don't get me wrong I am going to buy a Seal

Looks like a new model will come out soon?

 

Will keep an eye on bahtsold as sure one of the Seal owners on here will sell there one in the future.

 

 

 

 

 

EVs do depreciate more than ICE in the first couple of years due to changing technology in EVs v static technology in ICE, but the assumption that the rate of depreciation will continue is not true. 

 

I have owned my Seal for 2 years now and it looks as good as when I bought it. I have certainly no plans to sell it anytime soon.

 

Second hand EVs make a good purchase. Thais don't like to waste money on oil changes which isn't a problem with an EV. 

 

As for EVs acting as a power source, here is a video I made when I bought my Seal.

 

 

 

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46 minutes ago, kwak250 said:

 I am not sure how much a Seal would have saved/lost unless charging via solar at home

Depends how many kms one drives a year, but petrol cost 3.6X as much as electric from PEA.

 

ICE vs BEV cost per 360 kms.png

 

If you drive 18k kms a year, as we do, and if local kms, not using CS, then it adds up fast.

 

18k kms / 360 kms = 50 full charges  (231.5) =  11,575

18k kms / 360 kms = 50 X 877 = 41,850

 

41,850 - 11,575 = 30,275 TBH per year saved

X 10 years = 302,750 TBH saved 

 

302K THB ... the price of a 10kWh solar system w/10kWh battery

That's enough for us to be almost entirely off grid, possible additional savings of 5k THB a month vs an PEA bill .... and a big chunk of the EV charging bill.

 

Almost like it pays for itself  :coffee1:

23 minutes ago, Bandersnatch said:

 

EVs do depreciate more than ICE in the first couple of years due to changing technology in EVs v static technology in ICE, but the assumption that the rate of depreciation will continue is not true. 

 

I have owned my Seal for 2 years now and it looks as good as when I bought it. I have certainly no plans to sell it anytime soon.

 

Second hand EVs make a good purchase. Thais don't like to waste money on oil changes which isn't a problem with an EV. 

 

As for EVs acting as a power source, here is a video I made when I bought my Seal.

 

 

 

Excellent video

Thais also love to buy new vehicles which as you mention lose so much money in the first couple of years

 

I think people still are concerned about the life of an EV car regarding the battery 

 

My wife's Thai relatives all say to her that the battery will only last 5 years and its cheaper to buy a new car than replace the battery.

Also you cannot drive if the road has over 2 inches of flood water

 

All this I am sure makes the 2nd hand EVs cheaper

 

I am sure in the future this will change

 

Let me know if your selling yours as I am sure a newer faster model will be coming in the future. 

 

50 minutes ago, kwak250 said:

I think people still are concerned about the life of an EV car regarding the battery 

 

My wife's Thai relatives all say to her that the battery will only last 5 years and its cheaper to buy a new car than replace the battery.

Also you cannot drive if the road has over 2 inches of flood water

 

EV battery life is misunderstood by many who think you are driving an iPhone. Modern EV batteries use Lithium Iron Phosphate chemistry and active thermal management very different from your iphone.

 

Screenshot_20250911_143919_Google.jpg.d0b0eb6bcc7aa981d5c2c7e197cc7fe7.jpg

 

As for flood water problems, EVs are actually better in water than ICE cars as the batteries are sealed.

 

 

On 8/3/2025 at 7:59 PM, JBChiangRai said:

 

With 29.3% of new vehicles sold in Thailand in June being EV's, I wonder exactly who is the idiot here?

You know why the figure you quoted for Thailand exists. Thai people always buy the latest irrespective of how good or bad it is just so they can show everyone else they have the latest one.

2 hours ago, Photoguy21 said:

You know why the figure you quoted for Thailand exists. Thai people always buy the latest irrespective of how good or bad it is just so they can show everyone else they have the latest one.

How is that 'Look at Me' mentality any different in other countries ?

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3 hours ago, kwak250 said:

I think people still are concerned about the life of an EV car regarding the battery 

 

My wife's Thai relatives all say to her that the battery will only last 5 years and its cheaper to buy a new car than replace the battery.

Also you cannot drive if the road has over 2 inches of flood water

Ignorance is Bliss.

 

... Most new MGs have a life long battery warranty, any owner.

 

... old ones (ours) has an 8 yr warranty, and will retain 70-80% (?) capacity,  Degradation for our is running about 1% a year, and most is done the 1st year, so expect <8% at the expiration of the battery warranty.  Our battery has 6 separate modules, which can be replaced individually, so if an oops, no need to replace the whole pack.   Most battery issues are with the BMS anyway, not the cells.

 

... our battery is rated to be submerged, in 30cm of water for 30 mins, without affecting it.   That will never get tested.

 

LFP battery life at 70-80% capacity remaining, after a very conservative 2500 cycles, (some say up to 10k cycles) according to chart below.   For our BEV, that 900k kms, or 50 years, as we drove 18k kms on average the last 3 yrs.  Surely the wife will be adding the battery to the solar system.  If she outlasts the car.

 

LFP Battery cycle.png

1 hour ago, KhunLA said:

Ignorance is Bliss.

 

... Most new MGs have a life long battery warranty, any owner.

 

... old ones (ours) has an 8 yr warranty, and will retain 70-80% (?) capacity,  Degradation for our is running about 1% a year, and most is done the 1st year, so expect <8% at the expiration of the battery warranty.  Our battery has 6 separate modules, which can be replaced individually, so if an oops, no need to replace the whole pack.   Most battery issues are with the BMS anyway, not the cells.

 

... our battery is rated to be submerged, in 30cm of water for 30 mins, without affecting it.   That will never get tested.

 

LFP battery life at 70-80% capacity remaining, after a very conservative 2500 cycles, (some say up to 10k cycles) according to chart below.   For our BEV, that 900k kms, or 50 years, as we drove 18k kms on average the last 3 yrs.  Surely the wife will be adding the battery to the solar system.  If she outlasts the car.

 

LFP Battery cycle.png

 

Yes many people still think about their old Nokia 3310 battery that swelled up and expect the same in a EV

10 hours ago, Bandersnatch said:

 

 

What you fail to understand and I have posted multiple examples explaining this, that there is a floor price for used vehicles in Thailand of about ฿400,000.

 

People love to post examples of selling their piece of <deleted> car for ฿400,000 not understanding that once cars in Thailand reach ฿400,000 they really don't fall much more.

 

The fundamental difference between my Seal and your Vigo is that the Seal has an 85kWh battery that is warrantied to have at least 70% capacity after 8 years and will be powering my home for years.

 

As this post is about the UK here is some reality for you. Demand for second hand ICE cars is falling in the UK as people don't want to be stuck with obsolete technology and increasing fear of Zero-Emission Vehicle (ZEV) mandates. Nobody wants to be stuck with a dirty car that they will be banned from driving in half the country.

 

If you think ZEV mandates will never happen in Thailand, your kidding yourself.

 

SalesofsecondhandICE.jpg.af5d2e4413d2812a2d481de3ad7d8202.jpg

 

 

There is no such thing as  a floor price for used vehicles in Thailand of about ฿400,000.

For new cars such as the SUZUKI CELERIO currently priced at B320K there is no way that a used CELERIO will be sold for B400k 

used car prices for a Used Suzuki Celerio 1.0 GA less than 8 years old range from B139K to B249K

Used Neta V models 2022 and newer are on sale for between B195K-B329k

I suspect no-one is going to buy a used neta V car for B239k when they can get a brand new Neta V-II for between B238-B250K

https://www.one2car.com/

The final few brand new Neta V-II are being advertised for between B238-B250K on facebook dealer pages

as production has been suspended for a number of months now

16 hours ago, Photoguy21 said:

You know why the figure you quoted for Thailand exists. Thai people always buy the latest irrespective of how good or bad it is just so they can show everyone else they have the latest one.

 

The adoption model of new technology like EV's goes like this

 

Innovators

Early Adopters

Early Majority

Late Majority

Laggards

 

IMHO we are transitioning from Innovators to Early Adopters.

 

People don't buy them blind to show everyone else they have the latest one, they hear they might be a good thing and the innovators buy them, they tell their friends how good they are, and the early adopters buy them.

 

That's where we are now, people that have bought them, absolutely love them and tell their friends.  That's why we're at 30% of new cars bought are EV's.  Because they are every bit as good as their friends tell them.

 

8 hours ago, vinny41 said:

There is no such thing as  a floor price for used vehicles in Thailand of about ฿400,000.

 

I'm obviously not talking about very cheap cars, but for most cars depreciation slows to a crawl in Thailand once they get to about ฿400,000 

 

A classic example of this happened to me about 10 years ago. The family were looking at a 12 year old POS pickup which was being offered for sale for ฿350,000 with no deposit finance. I  realised I would be on the hook for any repairs.

 

I was building my house at the time and I was in my scruffs, but I took a couple of bricks from my safe and headed out with the wife to the pickup dealers. My wife and I looked a real mess and we were being ignored at the dealers, so I went up to the desk and put ฿500,000 cash down and said we wanted to buy a truck today. After a few minutes of messing about, we walked out of the Toyota dealer and paid ฿450,000 next door at Mitzu dealer for a new pickup smart cab.

 

 

43 minutes ago, Bandersnatch said:

 

I'm obviously not talking about very cheap cars, but for most cars depreciation slows to a crawl in Thailand once they get to about ฿400,000 

 

A classic example of this happened to me about 10 years ago. The family were looking at a 12 year old POS pickup which was being offered for sale for ฿350,000 with no deposit finance. I  realised I would be on the hook for any repairs.

 

I was building my house at the time and I was in my scruffs, but I took a couple of bricks from my safe and headed out with the wife to the pickup dealers. My wife and I looked a real mess and we were being ignored at the dealers, so I went up to the desk and put ฿500,000 cash down and said we wanted to buy a truck today. After a few minutes of messing about, we walked out of the Toyota dealer and paid ฿450,000 next door at Mitzu dealer for a new pickup smart cab.

When I first got here, went shopping for 2nd hand car at a lot.  Bottom price, no matter what I asked about, truck, car, year, was 300k THB.   2nd hand pricing then was ridiculously high.

 

That was enough for me, so just bought a new one for 550k THB.  Strangely, entry level new sedans hasn't changed much in 23 years, and at the ~600k THB price point, for 1.5L & AT, or BEV.

The first car I bought here was 18 years ago, it was a Camry 2.4 DVD Navigator, it cost me 1.65M, it's not much more today for the top Camry.

 

However, it's not a patch on a silent, faster BYD Seal which I can drive 500km and walk out as fresh as a daisy.

1 hour ago, JBChiangRai said:

The first car I bought here was 18 years ago, it was a Camry 2.4 DVD Navigator, it cost me 1.65M, it's not much more today for the top Camry.

 

However, it's not a patch on a silent, faster BYD Seal which I can drive 500km and walk out as fresh as a daisy.

For me, it was the Toyotp Vios (Yaris now), 2 of them actually, as drivetrain was good, and cheap enough to walk away from on quick sale, if deciding not to stay in TH. 

 

If only the MG4 was available  :cheesy:

 

Next up was a very slight upgrade, Mazda 2, but a POS also, a wee bit better ride & less road noise, at same walk away price point.   

 

Decided to stay in TH, and found the MG ZS for just a tad more than entry 'made in TH' JP badged POS.

 

BLISS compared to the previous POS, and even better when upgrading to BEV version.  Definitely mine and probably the wife's last car.  If Riddara opened a dealer locally, as having a bit of pocket change burning a whole in my pocket, may add a truck to the 'fleet' :cheesy:

 

But they better do it fast, as I ain't getting any younger 😎

3 hours ago, JBChiangRai said:

 

The adoption model of new technology like EV's goes like this

 

Innovators

Early Adopters

Early Majority

Late Majority

Laggards

 

IMHO we are transitioning from Innovators to Early Adopters.

 

People don't buy them blind to show everyone else they have the latest one, they hear they might be a good thing and the innovators buy them, they tell their friends how good they are, and the early adopters buy them.

 

That's where we are now, people that have bought them, absolutely love them and tell their friends.  That's why we're at 30% of new cars bought are EV's.  Because they are every bit as good as their friends tell them.

 

 

Sounds like a post about washing machines?

8 minutes ago, VocalNeal said:

 

Sounds like a post about washing machines?


Are you still into exploding Dino juice, with a gearbox because no torque at low revs, spewing pollution out the back?

 

Or do you prefer your horse and cart?

19 hours ago, KhunLA said:

How is that 'Look at Me' mentality any different in other countries ?

Here in SEA there is more of an obsession with new things, trouble is they have have the moey to pay cash so they borrow far more than they can afford.

5 hours ago, JBChiangRai said:

 

The adoption model of new technology like EV's goes like this

 

Innovators

Early Adopters

Early Majority

Late Majority

Laggards

 

IMHO we are transitioning from Innovators to Early Adopters.

 

People don't buy them blind to show everyone else they have the latest one, they hear they might be a good thing and the innovators buy them, they tell their friends how good they are, and the early adopters buy them.

 

That's where we are now, people that have bought them, absolutely love them and tell their friends.  That's why we're at 30% of new cars bought are EV's.  Because they are every bit as good as their friends tell them.

 

You forgot after Early adopters the following:

1. Realisation you bought the latest only to find out it wasn't all they said it was.

2. You try to sell it and get significant interest. Unfortunately the money doesn't come as you expected

18 minutes ago, Photoguy21 said:

You forgot after Early adopters the following:

1. Realisation you bought the latest only to find out it wasn't all they said it was.

2. You try to sell it and get significant interest. Unfortunately the money doesn't come as you expected


No, I didn’t miss any of that, having sold two EV‘s in the past few years and bought two more, none of what you said is true

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