Recent content by colt033

The depreciation cost means there's zero chance of me buying Tesla again. Makes me wonder how many new customers they're going to be able to attract. Probably the same idiots who believe FSD is a thing.

This is a pretty accurate review. The wipers, lights and autopilot are crap. I’ve found the car fun to drive but the brutal depreciation makes it a non-viable option when I change. I don’t mind wasting a bit of money on a new car either but the overall cost of owning a Tesla means you have to...

My 18 month model 3 has depreciated around £900/m over the past 18 months. I don't feel like Tesla is a good buy if this is normal depreciation. Maybe that's one of the reasons they suddenly seem to have a lot of inventory.

I'm pretty much done with Tesla after the seeing the tragic depreciation on my 18-month-old model 3. Probably game over for them if the VW ID2.all is even halfway decent.

Mostly because of the increased charging costs and the inconvenience of the public charging network (not all of them were Tesla drivers). The falling residuals just makes them feel smart. No one believed that explanation. Forward orders fell off a cliff. Tesla is going to have to discount to...

That’s a good point. Some other risks Tesla is taking include: signalling weakness, that they don’t think their products are worth as much as they once were; disillusioning people they don’t want to upset (people who already bought their product); reducing margin and profit; messing with their...

Tesla obviously have a demand problem. The price cuts will generate short term sales and sort that problem. A large part of those sales will be people bringing forward purchases to take advantage of the new prices. That will generate an even bigger demand problem when those sales dry up. So...

So far I've had two salespeople from the local showroom chasing me telling me they don't know how long the lower prices will last, they're getting a lot of orders, etc. Seems a bit desperate. If I needed a new car now I'd probably get an ICE car. I know over half a dozen people who've sold...

Tesla list prices are still comparatively high and the falling residuals make them look like a bad purchase. Just wondering how this is going to affect their sales in 2023. Maybe we'll see further price cuts.

Hi. Yes, I’m factoring in a discount on the retail price. If I look at PCP deals for a 320i Sport Auto. The GMFV is just over 45% of the on the road price after 4 years. I couldn’t find any figures for 3 years but I’m assuming it’s still around 55% of the price you pay. My last ICE car I made...

Last couple of BMW and MB I’ve owned retained 55-60%. Thought that was typical of premium cars, hence the lower than expected leasing costs on Range Rovers,etc. I expect significant depreciation but if a Tesla ends up depreciating like a Vauxhall then something doesn’t seem right. Six months...

Anyone else put off buying a Tesla because of instability in used values? Bought my first Tesla (M3 RWD) 16 months ago. It’s already depreciated 25% and that’s before the new price reductions. If it’s worth less than 50% after 3 years I’ll go back to ICE or buy an EV from another manufacturer.

Oh. Must be fact then. I'm sure everyone is appreciating the conceited comments.

It’s an opinion. Like your opinion that Octopus are really losing money with Octopus Go customers.