FastLaneJB
Active Member
Yes but there’s lots of ICE cars down in the £13k mark new. The electric Corsa is what, £30k+ I think and the MG4 is £27k. Not saying you have to be a millionaire to afford those cheaper electric cars but that’s still way too expensive for a large part of the UK population.You've obviously not come across the MG4 or the budget BYD cars coming to market soon, or other cheaps cars coming out of China or super minis like the Corsa or 206 then.
Maybe of course they’ll just be stuck with second hand but point is valid that EV’s at the bottom end are still roughly double the cost of an ICE. Higher up the price bracket we go the much closer you get to an ICE because the battery starts to become a much smaller part of the overall car cost.
Number of pumps is a good reason to be fair. Guess it all just depends on how long people will try to keep the last ICE cars running and on the road. That’s just a supply and demand thing vs something I think the government would do anything about. If they stop selling the cars in 2035 which is Hybrids, it’s probably got to be 2045 before demand really might stop to be dropping enough to close stations down. Far enough out to have no impact on the value of an ICE currently.Reducing numbers of pumps, as demand for Fossil Fuels falls, may be another factor
Price of new is going to fall, which will be reflected in used price - as that happens the owner has similar make-up-money to buy a replacement new one. So on the first one they lost their shirt, but the second one cost much the same after trade in. Not quite there yet, but another couple of years and I reckon we will be
Also as there becomes less running ICE cars, they could become collector items. I mean considering the break down rate in JLR vehicles, if I have one of the few last running Diesel Discovery’s in the UK that might be worth a mint