Old stock bargains

LenEV2016

Distinguished Member
Joined
Sep 21, 2024
Messages
2,092
Reaction score
4,327
Points
1,160
Location (town/city + country)
Scotland
Driving
Not an MG
Trophy 10 miles on clock

1000029363.webp
 
Could say that for most cars now, anyone thinking they are coming out the average PCP deal in positive equity hasn't done much research
Agreed. Bought mine outright with a long term view so not particularly fussed from a purely selfish perspective.
 
The new versions are more expensive. So, if they do not do deals and reduce their prices, when the old stock finishes, I suspect the second hand price for the old version should increase or at least hold it's price better. The gap between the new and old prices is the driver.
 
The new versions are more expensive. So, if they do not do deals and reduce their prices, when the old stock finishes, I suspect the second hand price for the old version should increase or at least hold it's price better. The gap between the new and old prices is the driver.

The new versions are not more expensive, they are cheaper. 🙂👍
 
Having never bought a "new" car in the UK are there any disadvantages in buying a pre- reg car as opposed to one where yours is the only name on the DVLA document?
I guess you won't get to say 'one careful owner' in the ad in the local newsagent.

With the rise of leasing etc. I imagine most people would expect a second hand car to have had multiple owners these days.
 
Could say that for most cars now, anyone thinking they are coming out the average PCP deal in positive equity hasn't done much research
No. But at least there should be no negative equity due to the GFV in the PCP contract. That is assuming you decide to hand the car back at the end of the contract.

Only the number of owners which is not really an issue.
 
No. But at least there should be no negative equity due to the GFV in the PCP contract. That is assuming you decide to hand the car back at the end of the contract.
There will be negative equity but it is the finance companies issue.
Who with any common sense is going to pay the GFV for a car in negative equity..
 
At my first tyre change, Continentals to Goodyear Vector all-seasons, I could not believe that the hideous plastic trims concealed proper alloy wheels which look so much better. I sold the trims on eBay for £100 which effectively gave me a 20% discount on the new tyres. Result all round

I know the trims are designed to improve wind-resistance at higher speeds but I generally avoid motorway driving because the charge falls off a cliff at 70mph. I agree that they do look a bit 'retro'

Back to the subject of old stock bargains, the low values of nearly-new EVs reflects the reluctance of the car-buying public to fully embrace the actuality of owning, driving and charging an EV when compared to an ICE car. Home charging at night at discounted rates - great. Short journeys on A and B roads - great. Range at motorway speeds - pants. Public charging network - pants. Add to that the recent addition of car tax and you have few incentives to switch from ICE to EV as your only car

As an example, next month I will be travelling 200 miles to an event in the Midlands, mostly along motorways. My MG4 won't get me anywhere near on one 100% charge so I will be forced to pay around 90p/kWh to re-charge at least twice on the motorway network. This introduces an anxiety to the progress of my journeys plus a significant cost for extortionate re-charging charges. By contrast, if I take my 1999 Jaguar XKR with a 4 litre supercharged petrol engine, it will do 24mpg at 70mph so it will cost me about £100 in petrol for 400 miles with one very easy and quick re-fuelling stop

If I chose to use a more efficient ICE car than the thirsty Jaguar for this long journey, not only could I do the return journey without a re-fuelling stop but it would cost me a lot less. As a result, EVs are condemned to play only a supporting role in our personal transport needs
 
@Sparky2 No need to pay 90p on the motorway - drop off J27 and use the Tesla chargers at the Mour hotel at 57p or it might be worth the subscription for a month which reduces the cost to 41p. There is another Tesla a junction north at the East Midlands Designer Outlet and both locations have reasonable facilities.

Have used both many times and never had a problem or had to queue.
 

Are you enjoying your MG4?

  • Yes

    Votes: 1,069 77.7%
  • I'm in the middle

    Votes: 208 15.1%
  • No

    Votes: 100 7.3%
Support us by becoming a Premium Member

Latest MG EVs video

MG4 EV Refresh + NEW MG4 EV Urban - UK arrival dates, prices, specs (2026)
Subscribe to our YouTube channel
Back
Top Bottom