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Post by Thor on Oct 24, 2023 21:37:01 GMT
Yep. I read that and it’s true, some insurances have gone up, especially for younger drivers of EV. Shortage and cost of parts etc. Battery prices and the increase in the number of “write offs” are the real reasons Matt Armstrong did a video on Coalport the dealers who seem to hoover up the written off cars of all types. Anyway no one is allowed access round the site let alone video it, he gets permission with someone shadowing him I guess for publicity purposes. He arrives at the EV write offs and they are behind a big fence, separating them from everything else, he goes on to explain that the tape around the edge is to stop people going near them, people who work there even. Apparently when an EV is written off no one is allowed to touch it as they can’t determine with any form of safety that that person won’t be shocked by any charge running through the car. It’s apparently a big problem as they can’t be sold to be repaired cos they can’t guarantee the safety to the person buying them and up and down the country there are loads of them doing absolutely nothing. When you think about it like that, what will happen to them?
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Post by dohnut on Oct 24, 2023 22:06:14 GMT
Battery prices and the increase in the number of “write offs” are the real reasons Matt Armstrong did a video on Coalport the dealers who seem to hoover up the written off cars of all types. Anyway no one is allowed access round the site let alone video it, he gets permission with someone shadowing him I guess for publicity purposes. He arrives at the EV write offs and they are behind a big fence, separating them from everything else, he goes on to explain that the tape around the edge is to stop people going near them, people who work there even. Apparently when an EV is written off no one is allowed to touch it as they can’t determine with any form of safety that that person won’t be shocked by any charge running through the car. It’s apparently a big problem as they can’t be sold to be repaired cos they can’t guarantee the safety to the person buying them and up and down the country there are loads of them doing absolutely nothing. When you think about it like that, what will happen to them? Never even considered that. But my guess is that in the coming few years there will be a stockpile of old EVs that nobody wants. Residual value will hit rock bottom for a variety of reasons. Those that lease will get away with it. But leasing firms are no mugs so when it starts to hit the fan even that option will be dearer.
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