NeilR
pfm Member
Yes, I'd agree but it's going to cause a bit of carnage in the meantime?
for sure, but maybe a buying opportunity?
Yes, I'd agree but it's going to cause a bit of carnage in the meantime?
I expect those 0-60 times to get reflected in insurance grouping, just like hot hatches became expensive 40 years ago.
Anecdotally Teslas seem to have more than their fair share of acceleration related prangs
One reason for the EV performance is that many countries offer very generous import duty breaks for EVs for the rich, competing with the European sports car segment, that is strangled by high duty.
In the long term excessive performance has a high cost, bigger motors, hopefully matching brakes and tyres, more weight
Or road wear. The road tax should be set much higherGod knows what tyre wear is like on them too.
I had a good look at the brakes on the Audi e-tron I drove and they were massive 6 piston calipers more at home in a top spec v10 Audi R8. I don't fancy the maintenance cost on them as a 2.4 tonne car sure won't be easy on them. At least in an R8 you'd get some fun rewards out of using them...in an e-Tron they just make you not have an accident .
God knows what tyre wear is like on them too.
You could negate alot of what an EV saves on fuel in you first big tyres and brakes consumerables bill. Especially if you try to raz around in one like a sports car that weighs half as much...which alot will of course to impress us ICE 'fools'
due to the energy regeneration mode on EVs, brake wear is next to non existent. The problem is more to do with under use i.e. disc corrosion. This is why Volkswagen have re-introduced drum brakes on their latest EVs.
during a recent test drive of a Jaguar I-Pace, we hardly touched the brake pedal at all and that was including some quite hard driving. Great car, btw. Before criticisng all EVs for crap handling and no driver enjoyment, you should try one.
Was it the stimulus or was it WWII production that ended the depression. The USA did very well selling to Europe in the first half
If there were a sudden outbreak of financial contagion like 2008 would governments and central banks be willing or even able to intervene again ? The public is still furious that the financiers were made whole last time and governments are in a much weaker financial position this time.
If there were a sudden outbreak of financial contagion like 2008 would governments and central banks be willing or even able to intervene again ? The public is still furious that the financiers were made whole last time and governments are in a much weaker financial position this time.
I thought about offloading property at the current silly prices but there’s no point. As you say, the capital value is irrelevant, it’s an income stream.
You get left with crap like probate etc stuff on the market...
Why is probate property crap? A friend of mine bought one such a few years ago; it was shared by 3 beneficiaries and he made a very low offer, which to his surprise, was accepted. Nice 3 bed fifties semi built well by the local authority and a large garden + drive in Ramsgate. £107 some 6/7 years ago, over £2K now and never had a void period.
Okay, limited experience but very positive, not crappy.