{"id":43464,"date":"2023-09-22T09:39:24","date_gmt":"2023-09-22T09:39:24","guid":{"rendered":"https:\/\/lethal-industry.com\/?p=43464"},"modified":"2023-09-22T09:39:24","modified_gmt":"2023-09-22T09:39:24","slug":"i-sell-evs-for-a-living-electric-car-drivers-are-being-caught-out-and-why-youd-be-better-off-with-petrol-or-diesel-the-sun","status":"publish","type":"post","link":"https:\/\/lethal-industry.com\/world-news\/i-sell-evs-for-a-living-electric-car-drivers-are-being-caught-out-and-why-youd-be-better-off-with-petrol-or-diesel-the-sun\/","title":{"rendered":"I sell EVs for a living – electric car drivers are being caught out and why you'd be better off with petrol or diesel | The Sun"},"content":{"rendered":"
AN EV salesman has explained how electric car drivers are being caught out and why they might be better off with petrol or diesel.<\/p>\n
Roy Sharf, who owns Noya Motor Group, revealed that EV owners are "losing thousands" due to stalling demand.<\/p>\n
<\/p>\n
Roy pointed to the collapsing value of electric models on the second-hand market as a key factor in the problem.<\/p>\n
He explained that it could leave so-called "early adopters", people who bought EVs when they were first released, financially stranded.<\/p>\n
The motors expert told The Express: "We have seen the electric used vehicle market drop substantially in the last 12 months.<\/p>\n
"We have seen losses in the thousands on certain makes of electric cars."<\/p>\n
<\/p>\n
<\/p>\n
He cited the increasing popularity of EV leasing as a major reason for this fall.<\/p>\n
This combined with the market becoming "saturated", as more and more manufacturers rushed to jump on the EV bandwagon, sent prices plummeting.<\/p>\n
This has left some drivers seemingly better off with petrol and diesel cars, according to Roy.<\/p>\n
He added that the resale margins for traditional cars have remained remarkably stable over the last two years in comparison.<\/p>\n
<\/picture>TRICKY BUSINESS <\/span><\/p>\n <\/span><\/p>\n <\/picture>GARAGE GONE <\/span><\/p>\n <\/span><\/p>\n <\/picture>PARKING ROW <\/span><\/p>\n <\/span><\/p>\n <\/picture>FUTURE PROOF <\/span><\/p>\n <\/span><\/p>\n The latest industry data backs this up, with prices down 19,.1% year-on-year according to Auto Trader.<\/p>\n In practice, this means a second-hand value of around half the original price.<\/p>\n For example, a Vauxhall e-Corsa would sell for around \u00a334,000 new but used models are available for around \u00a317,000.<\/p>\n It comes after a driver was left stranded at a junction after buying the UK's cheapest EV.<\/p>\n Meanwhile, a motoring expert has revealed why new EV prices are likely to go up despite the collapsing second-hand values.<\/p>\nI work at a car dealership – trick salesmen always use to make you pay MORE<\/h3>\n
Major petrol station chain with 1,000 garages closes down franchise<\/h3>\n
My neighbour\u2019s routine to ensure he doesn\u2019t lose parking spot is infuriating<\/h3>\n
Inside London without cars as expert imagines what it could look like by 2050<\/h3>\n