Thread: Second-hand car prices surge amid new car shortage

Originally Posted by malmomike77

Its debateable atm - with rising fuel costs which will only continue given the drive to move away from fossil fuels, the push for electric vehicle although their prices are still high - if its worth buying a new petrol / diesel vehicle if you have to pay for it yourself.

I get mine paid but if i didn't i'd buy 2nd hand now and run it into the ground. I will say now i have never purchased a new car myself, except in Thailand and Germany the former because its cheap, the latter because i could buy it drive it for 1 year and sell it for more than i bought it for (thanks HMG) - never in the UK.

With Battery vehicles it makes more sense to lease atm.

Its not going to work that way. Electric cars aren't sold at a profit. In a sea of easy money, it doesn't matter. But if interest rates go up a bit bc of inflation, this will put an end to the fantasy.

According To James Dyson, All Current Electric Cars Are Sold At A Loss

Originally Posted by Backspin

Its not going to work that way. Electric cars aren't sold at a profit. In a sea of easy money, it doesn't matter. But if interest rates go up a bit bc of inflation, this will put an end to the fantasy.

According To James Dyson, All Current Electric Cars Are Sold At A Loss

There is literally no topic that socal can't/won't make stupider.

Originally Posted by AntRobertson

There is literally no topic that socal can't/won't make stupider.

Why don't you shut your fucking trap about things you know nothing about ?

Lets start with the #1 electric car company of them all. It made a profit one time in its 18 year history and that was from selling carbon credits. It still lost money on every car made.

Tesla Loses Money On Every Single Car: Here's Where The Profit HidesNext. Lets look at GM

Stunner: GM May Be Losing $50,000 On Each Chevrolet Volt

Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.

Ahhh the article is from 2012

Lets find a recent one.

GM doesn'''t expect to make money off electric cars until next decade
GM is going ‘all-electric,’ but it doesn’t expect to make money off battery-powered cars until early next decade

Next decade in corporate speak means never.

Thread: Second-hand car prices surge amid new car shortage

There is literally no topic that socal can't/won't make stupider.

Originally Posted by Backspin

Why don't you shut your fucking trap about things you know nothing about ?

Lets start with the #1 electric car company of them all. It made a profit one time in its 18 year history and that was from selling carbon credits. It still lost money on every car made.

Tesla Loses Money On Every Single Car: Here's Where The Profit HidesNext. Lets look at GM

Stunner: GM May Be Losing $50,000 On Each Chevrolet Volt

Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.

Ahhh the article is from 2012

Lets find a recent one.

GM doesn'''t expect to make money off electric cars until next decade
GM is going ‘all-electric,’ but it doesn’t expect to make money off battery-powered cars until early next decade

Next decade in corporate speak means never.

Q.E.D.