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E Mustang
nick205 - 22/7/23 at 05:45 PM

Off to cinema and behind an E-Mustang!

What a shame.

It needs a V8 and loads of petrol.

JoelP - 22/7/23 at 06:44 PM

Really it just needs to not be called a mustang.

jacko - 22/7/23 at 07:27 PM

That’s the future I’m afraid I agree should not be called a mustang
Graham

nick205 - 22/7/23 at 10:44 PM

Aware it's the future and fully agreed, it should NOT be called a Mustang.

A Tesla went by looking just fine.

Simon - 22/7/23 at 10:52 PM

EV's not in my future.

Restored SD1 V8 daily driver is....

perksy - 23/7/23 at 08:04 AM

Having visited Goodwood festival of speed for the weekend I was intrigued by the sheer volume of EV's on display and watching some of them go up the hill wasn't the spectacle of watching a V8 or V10 that's for sure, never mind the Group B rally cars..


One thing though, a friend works in the finance industry and he was saying that many finance companies won't lend on secondhand EV's as they believe the market is going to drop out of it..

nick205 - 23/7/23 at 09:23 AM

2nd hand EVs concern me (always have).

Who'd buy one, sounds like finance companies won't lend on them.....?


In my driving life I've had a few company cars. They were leased cars so brand new on arrival. Yes, there's something nice about having a brand new car. However, I'd never buy a brand new car privately (other things to be spending the money on).

[Edited on 23/7/23 by nick205]

perksy - 23/7/23 at 01:27 PM

Nick, Its interesting that the chap said that they would lend and finance on new EV's, but not old ones as they really weren't sure what the future values would be and they have to calculate these as part of the deal

I think they are wary of getting their fingers burnt..

nick205 - 23/7/23 at 04:44 PM

quote:
Originally posted by perksy
Nick, Its interesting that the chap said that they would lend and finance on new EV's, but not old ones as they really weren't sure what the future values would be and they have to calculate these as part of the deal

I think they are wary of getting their fingers burnt..



Seems about right.

Lease companies calculate future values as a massive factor in the lease cost of new cars.

Mr Whippy - 24/7/23 at 07:54 AM

quote:
Originally posted by nick205
quote:
Originally posted by perksy
Nick, Its interesting that the chap said that they would lend and finance on new EV's, but not old ones as they really weren't sure what the future values would be and they have to calculate these as part of the deal

I think they are wary of getting their fingers burnt..



Seems about right.

Lease companies calculate future values as a massive factor in the lease cost of new cars.




Not sure what your on about there? My EV's second hand and bought through cazoo, on finance, was probably the easiest and best car purchase I've ever made. Damn thing seems to be going up in value too. Once I've paid off that one in 2 year time I'm going to get another for myself as the has wife stolen it!

I have zero interest in ever buying any more ic cars, I'm totally done with them. (other than perhaps another vintage jalopy as a toy )

Simon - 24/7/23 at 10:57 AM

World Rallycross Championship championship cancelled at weekend because of ev fire. Bargepoles spring to mind