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Fuel prices (1 Viewer)

  • Thread starter Nick
  • Start date Jul 11, 2022
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Nick

Administrator
  • Jul 25, 2022
  • #106
Deleted member 5849 said:
So where's the money going to come from to buy an electric car then, if none are available for £500?
Click to expand...
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #107
Deleted member 5849 said:
So where's the money going to come from to buy an electric car then, if none are available for £500?
Click to expand...

Why won’t any be available for £500?

Used electric is only expensive now because there’s limited supply on the market and they’re a new product. A 2015 Zoe is about £6-7k and that would cost more than a Fiesta of similar spec to buy new. Once prices are cheaper and the market has been flooded why would they be any more expensive?

Add in the fact you’ll be paying double for your fuel plus extra on tax and likely by that point insurance, plus any road charges for ULEZs. It would still be a stupid financial decision even if your £500 car was now £800 or even £1k.
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #108
Nick said:
View attachment 25476
Click to expand...

That’s the suped up version, the doors are an added extra (serious).
 
D

Deleted member 5849

Guest
  • Jul 25, 2022
  • #109
shmmeee said:
Why won’t any be available for £500?
Click to expand...
Well with batteries needing to be replaced, you'd already be taking something of a chance to buy an electric car with a battery coming up to five years' old, unless you had the money to replace that... and you're looking at up to about £3.5k for that. Find me a second hand car for £500 that's four years old.

You're confusing up front outlay with running costs. It's always been cheaper to *run* a brand new car with warranty than a 35yo Lancia Y10. There's a reason why most don't do that, however!
 
Last edited by a moderator: Jul 25, 2022
Reactions: RegTheDonk and Grendel

Nick

Administrator
  • Jul 25, 2022
  • #110
shmmeee said:
Why won’t any be available for £500?

Used electric is only expensive now because there’s limited supply on the market and they’re a new product. A 2015 Zoe is about £6-7k and that would cost more than a Fiesta of similar spec to buy new. Once prices are cheaper and the market has been flooded why would they be any more expensive?

Add in the fact you’ll be paying double for your fuel plus extra on tax and likely by that point insurance, plus any road charges for ULEZs. It would still be a stupid financial decision even if your £500 car was now £800 or even £1k.
Click to expand...

The thing with a 2015 Zoe for £6k is that the battery is leased as well so you have another monthly outgoing on it.

If you want it without a lease, probably double the price.
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #111
shmmeee said:
Hydrogen is an awful idea for a mobile fuel IMO.

I don’t see why the poorer would need help to buy something cheaper TBH.

Everyone seems stuck five years ago when there was a massive price premium. That’ll completely disappear and reverse over the next 5 years. Battery lifecycle is already improving with 1M mile prototypes already in existence, prices have dropped for batteries by 90% in a decade and will continue to.

I’ll say it again: if you’re buying an ICE car even second hand in 2040 you need your head looking at. I know people buying up petrol forecourts in anticipation of the market collapsing and prime real estate coming in.

This is all very 1960s “the world only needs five computers” level of thinking.
Click to expand...

What’s the equivalent of a Zoe in petrol - a Clio?
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #112
Nick said:
The thing with a 2015 Zoe for £6k is that the battery is leased as well so you have another monthly outgoing on it.

If you want it without a lease, probably double the price.
Click to expand...

Again though that’s a function of current early adopter tech. As I said in the last decade battery prices have come down 90%, so a 7 year old car is going to have an expensive battery. Once we get to mass production and a proper competitive market, plus the huge amount of R&D that’s been flooded into it battery prices will get lower and lower, that’s the main reason electric cars are predicted to be cheaper than petrol to produce by 2027.

So at worst @Deleted member 5849 is going to have to drive around in a banger for another couple of years post 2040, but he’ll be no means be in the majority or even be better off once the other costs are considered. The average age of a car on the road is just under 9 years, the average age until scrappage is just under 14. To think that won’t go down with a bug push for people to change is ridiculous.

As I say it reminds me of skeptics before every technological change ever. People are always caught unaware by exponential growth.
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #113
Grendel said:
What’s the equivalent of a Zoe in petrol - a Clio?
Click to expand...

Nah they’re not that nice, maybe a Fiesta? I don’t know Renaults range to give an equivalent, but I know the Zoe.
 
D

Deleted member 5849

Guest
  • Jul 25, 2022
  • #114
Someone also needs to pay for houses to have charge points on them (and in some instances this won't just be installing the charger, but re-wiring the bloody house so it can cope) - and facilities for people who only have street parking. Someone has to pay for that, or change won't happen quickly, as it's a bunch of up front costs.
 

Nick

Administrator
  • Jul 25, 2022
  • #115
shmmeee said:
Nah they’re not that nice, maybe a Fiesta? I don’t know Renaults range to give an equivalent, but I know the Zoe.
Click to expand...
You can pick up a newer, decent Clio for the same price with no limits on mileage.
 

Nick

Administrator
  • Jul 25, 2022
  • #116
shmmeee said:
Again though that’s a function of current early adopter tech. As I said in the last decade battery prices have come down 90%, so a 7 year old car is going to have an expensive battery. Once we get to mass production and a proper competitive market, plus the huge amount of R&D that’s been flooded into it battery prices will get lower and lower, that’s the main reason electric cars are predicted to be cheaper than petrol to produce by 2027.

So at worst @Deleted member 5849 is going to have to drive around in a banger for another couple of years post 2040, but he’ll be no means be in the majority or even be better off once the other costs are considered. The average age of a car on the road is just under 9 years, the average age until scrappage is just under 14. To think that won’t go down with a bug push for people to change is ridiculous.

As I say it reminds me of skeptics before every technological change ever. People are always caught unaware by exponential growth.
Click to expand...

Yes cheaper to produce.... Doesn't always mean cheaper to buy.

Such a waste to scrap a perfectly fine 14 year old car though, isn't it?
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #117
Nick said:
You can pick up a newer, decent Clio for the same price with no limits on mileage.
Click to expand...

Which is my point a Zoe starts at £30 grand
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #118
Nick said:
Yes cheaper to produce.... Doesn't always mean cheaper to buy.

Such a waste to scrap a perfectly fine 14 year old car though, isn't it?
Click to expand...

There are 6 million cars over 13 years and and five times more old cars that there were 20 years prior - the aged parc is growing
 

Nick

Administrator
  • Jul 25, 2022
  • #119
Grendel said:
Which is my point a Zoe starts at £30 grand
Click to expand...

Oh I was comparing to a used one at 6.5k.
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #120
Nick said:
Oh I was comparing to a used one at 6.5k.
Click to expand...

New Clio is £18 spec may differ but the RV doesn’t seem better yet - I guess that will improve but its a long way to go
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #121
Deleted member 5849 said:
Someone also needs to pay for houses to have charge points on them (and in some instances this won't just be installing the charger, but re-wiring the bloody house so it can cope) - and facilities for people who only have street parking. Someone has to pay for that, or change won't happen quickly, as it's a bunch of up front costs.
Click to expand...

Well for a start all new buildings or other scale renovations as of now are required to have charging in place. There’s no funding now for adding one yourself but the focus is on street and public charging. But again we’re talking 18 years time when the scale and used market for these things will have expanded significantly. And you are talking real edge cases here, in a place where they can afford a car, but not enough for an electric car and live somewhere where a point either hasn’t or can’t be installed and there’s no local charging infrastructure and none at work, but they’re still willing to pay through the nose for fuel and tax.

We are talking about whether the majority of cars on the road will be electric, not whether one guy in a flat in rural Wales will have difficulty charging his.

This is happening. That alone provides a huge economic incentive to solve all these problems.
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #122
Grendel said:
Which is my point a Zoe starts at £30 grand
Click to expand...

Yes now it does. But in five years it won’t.
 
D

Deleted member 5849

Guest
  • Jul 25, 2022
  • #123
shmmeee said:
And you are talking real edge cases here, in a place where they can afford a car, but not enough for an electric car and live somewhere where a point either hasn’t or can’t be installed and there’s no local charging infrastructure and none at work, but they’re still willing to pay through the nose for fuel and tax.
Click to expand...
You're really not. This is the standard for most road users, spend more than they'd like to, because they can't afford the costs to be able to spend less.

Again, we're talking about changing things quickly, and that needs assistance otherwise it just won't happen, the barriers will prevent it.

Not only that... but we're in thrall to the car makers because they offer employment. In terms of scrappage, what kind of system are we setting up, encouraging people to scrap cars more quickly? Fine if you're changing for a purpose, but surely any new technology aiming at being encironmentally friendly should be encouraging people to keep their cars for longer, and so reduce the energy cost of producing another one?

But Stellantis would not be overly happy with that...!
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #124
shmmeee said:
Yes now it does. But in five years it won’t.
Click to expand...

I think you will be disappointed
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #125
Deleted member 5849 said:
You're really not. This is the standard for most road users, spend more than they'd like to, because they can't afford the costs to be able to spend less.

Again, we're talking about changing things quickly, and that needs assistance otherwise it just won't happen, the barriers will prevent it.

Not only that... but we're in thrall to the car makers because they offer employment. In terms of scrappage, what kind of system are we setting up, encouraging people to scrap cars more quickly? Fine if you're changing for a purpose, but surely any new technology aiming at being encironmentally friendly should be encouraging people to keep their cars for longer, and so reduce the energy cost of producing another one?

But Stellantis would not be overly happy with that...!
Click to expand...

I think you’re massively overestimating the number of people that drive bangers. I’ve already given you the stats on average age of scrappage. On that alone and no behaviour shifts then by 2044 most petrol cars have been scrapped. And there will be a behaviour shift.

Two thirds of homes have off road parking. I already know people who charge at work or on the weekly shop, it will become commonplace to have electric car charging points in car parks like we do disabled spaces. It will become commonplace for works car parks to offer it.

And again, because this doesn’t seem to be getting through: electric cars will soon be cheaper to buy than petrol cars. So by 2040 you are claiming a majority of people will be unable to access electric cars. Are you sure about this?
 
D

Deleted member 5849

Guest
  • Jul 25, 2022
  • #126
shmmeee said:
I think you’re massively overestimating the number of people that drive bangers. I’ve already given you the stats on average age of scrappage. On that alone and no behaviour shifts then by 2044 most petrol cars have been scrapped. And there will be a behaviour shift.

Two thirds of homes have off road parking. I already know people who charge at work or on the weekly shop, it will become commonplace to have electric car charging points in car parks like we do disabled spaces. It will become commonplace for works car parks to offer it.

And again, because this doesn’t seem to be getting through: electric cars will soon be cheaper to buy than petrol cars. So by 2040 you are claiming a majority of people will be unable to access electric cars. Are you sure about this?
Click to expand...
You're coming across as rather elitest in this, you're saying because the middle and upper classes can manage it, the working classes should be abandoned and given no assistance - tough on them.
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #127
shmmeee said:
I think you’re massively overestimating the number of people that drive bangers. I’ve already given you the stats on average age of scrappage. On that alone and no behaviour shifts then by 2044 most petrol cars have been scrapped. And there will be a behaviour shift.

Two thirds of homes have off road parking. I already know people who charge at work or on the weekly shop, it will become commonplace to have electric car charging points in car parks like we do disabled spaces. It will become commonplace for works car parks to offer it.

And again, because this doesn’t seem to be getting through: electric cars will soon be cheaper to buy than petrol cars. So by 2040 you are claiming a majority of people will be unable to access electric cars. Are you sure about this?
Click to expand...

6 million drive cars over 13 years old a 500 percentage increase in that area of the parc in 20 years
 

skybluejelly

Well-Known Member
  • Jul 25, 2022
  • #128
Nick said:
The thing with a 2015 Zoe for £6k is that the battery is leased as well so you have another monthly outgoing on it.

If you want it without a lease, probably double the price.
Click to expand...
Yep ..and you try and part ex a battery lease Zoe and nobody wants to know at a sensible price , our one at work was down to 39 miles on a full charge which was a nightmare when you wanted to go look at a car more than 30 miles away..

Sent from my CPH2025 using Tapatalk
 
Reactions: Nick

fernandopartridge

Well-Known Member
  • Jul 25, 2022
  • #129
shmmeee said:
Hydrogen is an awful idea for a mobile fuel IMO.

I don’t see why the poorer would need help to buy something cheaper TBH.

Everyone seems stuck five years ago when there was a massive price premium. That’ll completely disappear and reverse over the next 5 years. Battery lifecycle is already improving with 1M mile prototypes already in existence, prices have dropped for batteries by 90% in a decade and will continue to.

I’ll say it again: if you’re buying an ICE car even second hand in 2040 you need your head looking at. I know people buying up petrol forecourts in anticipation of the market collapsing and prime real estate coming in.

This is all very 1960s “the world only needs five computers” level of thinking.
Click to expand...

Interesting that forecourts are being bought up, are they considered prime real estate as most former forecourts don't seem that way?
 

Nick

Administrator
  • Jul 25, 2022
  • #130
shmmeee said:
I think you’re massively overestimating the number of people that drive bangers. I’ve already given you the stats on average age of scrappage. On that alone and no behaviour shifts then by 2044 most petrol cars have been scrapped. And there will be a behaviour shift.

Two thirds of homes have off road parking. I already know people who charge at work or on the weekly shop, it will become commonplace to have electric car charging points in car parks like we do disabled spaces. It will become commonplace for works car parks to offer it.

And again, because this doesn’t seem to be getting through: electric cars will soon be cheaper to buy than petrol cars. So by 2040 you are claiming a majority of people will be unable to access electric cars. Are you sure about this?
Click to expand...

I don't even know anybody with an electric car.

I know plenty without off road parking too. Who's buying them a house with a drive?
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #131
fernandopartridge said:
Interesting that forecourts are being bought up, are they considered prime real estate as most former forecourts don't seem that way?
Click to expand...

He is the man with the five computers way of thinking when it comes to how the automotive industry giants work and control the market
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #132
fernandopartridge said:
Interesting that forecourts are being bought up, are they considered prime real estate as most former forecourts don't seem that way?
Click to expand...

This guy seems to think so. Or at least seems to think there’s an opportunity there. Point is that’s what happens when you put targets like 2030 in, it focuses minds on opportunities there.

Green techs biggest issue has always been the price premium only offset by the warm fuzzies from helping the climate. Next 5-10 years that’s going to shift massively where clean tech is both better performing in many ways and cheaper. Once that happens capitalism takes over and change happens fast.
 

Alan Dugdales Moustache

Well-Known Member
  • Jul 25, 2022
  • #133
Nick said:
Yes cheaper to produce.... Doesn't always mean cheaper to buy.

Such a waste to scrap a perfectly fine 14 year old car though, isn't it?
Click to expand...
If anyone has an older petrol engine car, say 10 years old , regularly serviced and average miles , why on earth would anyone in their right mind scrap it, given the cost to the environment in having it dismantled and the cost to the environment the production of a new electric car . No thanks. I'm not buying into it.
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #134
Grendel said:
He is the man with the five computers way of thinking when it comes to how the automotive industry giants work and control the market
Click to expand...

These ones?

Six Major Automakers Agree to End Gas Car Sales Globally by 2040

Ford, GM, Mercedes-Benz, and others, along with 30 nations, signed a pledge to eliminate sales of new gas and diesel-powered cars by 2035 in “leading markets.”
www.caranddriver.com
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #135
Alan Dugdales Moustache said:
If anyone has an older petrol engine car, say 10 years old , regularly serviced and average miles , why on earth would anyone in their right mind scrap it, given the cost to the environment in having it dismantled and the cost to the environment the production of a new electric car . No thanks. I'm not buying into it.
Click to expand...

Because we’re already selling EVs as fast as we can make them, no one is spinning up a production line because you’d decided the Maestro has to go a year early.
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #136
shmmeee said:
These ones?

Six Major Automakers Agree to End Gas Car Sales Globally by 2040

Ford, GM, Mercedes-Benz, and others, along with 30 nations, signed a pledge to eliminate sales of new gas and diesel-powered cars by 2035 in “leading markets.”
www.caranddriver.com
Click to expand...

They signed a pledge purely as they think they can do the PHEV con - also they don’t sell any cars to customers
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #137
shmmeee said:
Because we’re already selling EVs as fast as we can make them, no one is spinning up a production line because you’d decided the Maestro has to go a year early.
Click to expand...

There’s a 6 month waiting list for diesel jaguars at the moment (they couldn’t give them away 24 months ago). It’s not demand related it’s supply due post Covid issues in China
 

Greggs

Well-Known Member
  • Jul 25, 2022
  • #138
shmmeee said:
Hydrogen is an awful idea for a mobile fuel IMO.

I don’t see why the poorer would need help to buy something cheaper TBH.

Everyone seems stuck five years ago when there was a massive price premium. That’ll completely disappear and reverse over the next 5 years. Battery lifecycle is already improving with 1M mile prototypes already in existence, prices have dropped for batteries by 90% in a decade and will continue to.

I’ll say it again: if you’re buying an ICE car even second hand in 2040 you need your head looking at. I know people buying up petrol forecourts in anticipation of the market collapsing and prime real estate coming in.

This is all very 1960s “the world only needs five computers” level of thinking.
Click to expand...
Where do you charge them if you live in a terraced house? Or are they just for people who can afford a detached mansion with charging ports in the double garage??
 

shmmeee

Well-Known Member
  • Jul 25, 2022
  • #139
Grendel said:
They signed a pledge purely as they think they can do the PHEV con - also they don’t sell any cars to customers
Click to expand...

PHEV sales have dropped off a cliff, consumers aren’t buying the con. What are you even trying to say at this point? That the worlds car manufacturers will just refuse to follow existing legislation in major markets and they’ll be allowed to because they are so powerful?
 

Grendel

Well-Known Member
  • Jul 25, 2022
  • #140
Greggs said:
Where do you charge them if you live in a terraced house? Or are they just for people who can afford a detached mansion with charging ports in the double garage??
Click to expand...

What if a family of 4 live in a house abs they all have a car?
 
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