EV (electric vehicle) News and Discussion

Forums › Transport (cars, bikes and boats) › EV (electric vehicle) News and Discussion

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Ultimate Geek
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#3147678 15-Oct-2023 11:13

Depends what they're buying them for I guess, and I've got no idea on that.

Are the dealers profiting extra to the amount of the rebate, or is that just icing on the cake for the end buyer.

I've just bought a Leaf to get the rebate before it disappears. I can't see all the Leafs currently for sale dropping in price by $3,500 after the rebate is removed, but then who knows.

Dingbatt

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#3147689 15-Oct-2023 11:36

The signal has been that the rebate will be gone by the end of the year. The “ute tax” part of the feebate scheme maybe sooner. Otherwise there will be a rush of EV purchases and no ute purchases until 2024.

If you combine no rebate with RUCs coming to EVs and the removal of the Goff Tax (Auckland Regional Fuel Tax) then anyone buying an EV in this part of the country to save money will have their work cut out.

Depends how brave the Car Companies are at forward ordering as to how much stock is on their hands come the first quarter of 2024. Could be quite a few pre-registered ‘demonstrators’ on dealer yards come December.

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Obraik

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#3147975 16-Oct-2023 09:26

Dingbatt:

The signal has been that the rebate will be gone by the end of the year. The “ute tax” part of the feebate scheme maybe sooner. Otherwise there will be a rush of EV purchases and no ute purchases until 2024.

If you combine no rebate with RUCs coming to EVs and the removal of the Goff Tax (Auckland Regional Fuel Tax) then anyone buying an EV in this part of the country to save money will have their work cut out.

Depends how brave the Car Companies are at forward ordering as to how much stock is on their hands come the first quarter of 2024. Could be quite a few pre-registered ‘demonstrators’ on dealer yards come December.

Don't forger that National is intending on bringing RUC to all vehicles and removing it from fuel (as was the previous government) so that will probably do a lot to keep EVs ahead of the ICE/Hybrid options, cost wise. But, that should probably go in the RUC thread...

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Aucklandjafa

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Ultimate Geek
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#3147982 16-Oct-2023 09:34

tukapa1: Depends what they're buying them for I guess, and I've got no idea on that.

Are the dealers profiting extra to the amount of the rebate, or is that just icing on the cake for the end buyer.

I've just bought a Leaf to get the rebate before it disappears. I can't see all the Leafs currently for sale dropping in price by $3,500 after the rebate is removed, but then who knows.

No, not at all, if anything - the opposite. When the rebate came in, Tesla, among other manufactures, brought down the cost of the entry model 3 under the $80k so it was eligible for the rebate.

Obraik

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#3147986 16-Oct-2023 09:39

Aucklandjafa:

No, not at all, if anything - the opposite. When the rebate came in, Tesla, among other manufactures, brought down the cost of the entry model 3 under the $80k so it was eligible for the rebate.

The Model 3 SR+/RWD was already under the rebate limit, but they did further drop the price after the rebate. However, I do believe it helped the Model Y be introduced at a price under $80k, and stayed there even while every other market was having price rises at the time that should have seen it breach that limit here. I think its safely under $80k now that it shouldn't rise too much higher (until the Juniper refresh happens, anyway).

There are other brands that I would be worried about though. Hyundai, Kia, VW, Ford, etc all have EVs that are curiously priced at $79,990 and I would not be surprised if that handbrake disappeared after the rebate is gone.

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Aucklandjafa

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Ultimate Geek
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#3147988 16-Oct-2023 09:45

Obraik:
Aucklandjafa:

No, not at all, if anything - the opposite. When the rebate came in, Tesla, among other manufactures, brought down the cost of the entry model 3 under the $80k so it was eligible for the rebate.

The Model 3 SR+/RWD was already under the rebate limit, but they did further drop the price after the rebate. However, I do believe it helped the Model Y be introduced at a price under $80k, and stayed there even while every other market was having price rises at the time that should have seen it breach that limit here. I think its safely under $80k now that it shouldn't rise too much higher (until the Juniper refresh happens, anyway).

There are other brands that I would be worried about though. Hyundai, Kia, VW, Ford, etc all have EVs that are curiously priced at $79,990 and I would not be surprised if that handbrake disappeared after the rebate is gone.

Point taken! I see the LR model 3 is currently under $80k too - will be interesting to see if it stays there

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SaltyNZ

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#3147990 16-Oct-2023 09:51

Obraik:

I think its safely under $80k now that it shouldn't rise too much higher (until the Juniper refresh happens, anyway).

And don't even get me started on end-of-lifeing the MX204.

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xlinknz

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#3148259 16-Oct-2023 19:40

In 2022 Tesla offered to cover the removal/deduction of the subsidy in Germany, if any company is in a position to do that in NZ its Tesla due to the margin advantage they have compared to the competition. I suspect Tesla AU/NZ will want to stay under their competition price but won't unless they need too

wellygary

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#3148277 16-Oct-2023 21:44

xlinknz:

In 2022 Tesla offered to cover the removal/deduction of the subsidy in Germany, if any company is in a position to do that in NZ its Tesla due to the margin advantage they have compared to the competition. I suspect Tesla AU/NZ will want to stay under their competition price but won't unless they need too

Yeah, they are clipping the ticket on the "Clean car standard" and are able to sell on to other importers the credits they are granted for having a zero emissions fleet..

Scott3

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#3148287 16-Oct-2023 23:46

Stuff has done an article on EV's currently discounted.

https://www.stuff.co.nz/motoring/133127464/the-ev-rebate-is-almost-dead-these-evs-have-the-biggest-discounts

It's a long list, and they have missed a few, like the LDV vans, the e-200, free wall charger and 5 year servicing on Hyundai's, $10k price cut on EV6 GT....

I think there are a few factors at play here.

- Pandemic related auto shortages (and the rush on EV's after the invasion of ukrane) is now largely over. Higher interest rates, recession fears, and cashed up people spending on international travel again all being factors. Wait times for popular new car models has dropped to a reasonable level.

- Good inventory stock (a MG4 was parked in the mall yesterday with a big "Immediate delivery" sign) Surge of new models. Kia EV9 has hit showrooms, Updated Polestar 2 (shift to RWD) is coming soon, Updated ID4, Enyaq etc due next year.

These factors would have put downward pressure on pricing regardless of the impacts of the election. (As an example I doubt the $10k price cut to the EV9 GT has anything to do with the election. The now $130k car is well out of rebate level, and I doubt the cost of RUC's has a significant decision on the purchasing decision for a car at that price-point.

But I get the impression a lot of car brands are keen to clear out their EV stock ASAP, to avoid having excess stock on hand, if EV sales take a serious nosedive when the promised policy changes take effect.

I suspect some EV models will no longer be offered in NZ when the rebate is withdrawn (and the remaining stock is cleared).

gzt

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#3148417 17-Oct-2023 13:34

The LDV utes have to be tempting for someone

LDV’s new owners Inchcape slicing another $7,015 off the retail price

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Scott3

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#3148595 17-Oct-2023 23:32

gzt: The LDV utes have to be tempting for someone
LDV’s new owners Inchcape slicing another $7,015 off the retail price

I'm supprised how poorly the eT60 has sold. 53 registrations year to date.

I realize the vehicle has limitations (RWD only, motor hanging from rear diff, relatively short 325km WLTP range, lower payload and tow rating than diesel utes), but still expected it to be able to top expensive stuff like the BMW iX & Audi e-tron on the sales chart.

This additional discount brings the price down to $65,960 after rebate. In the same ballpark as a Midspec 2wd diesel hilux (SR5 Prerunner is $53,390 after clean car fee). Noting of course that the clean car fee will be going away, but some people / companies will want their ute fix now.

I see plenty of commercial applications that would be well-suited to a diesel ute. Westhaven marina springs to mind as an example, I think they currently have a pair of diesel utes (for doing things like moving sign's around, light maintenance, security patrols etc).

And their must be a decent chunk of private buyers who desire a ute for a specific purpose which is not impacted by the limitations of the eT60.

SaltyNZ

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#3148646 18-Oct-2023 09:02

Scott3:

And their must be a decent chunk of private buyers who desire a ute for a specific purpose which is not impacted by the limitations of the eT60.

Wait you mean I don't neeeeeeed the capability to snorkel through 14 metres of water while towing a 60 ton tent / mobile command centre just to drop the kids off at school?

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johno1234

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#3148733 18-Oct-2023 11:37

BYD Seal a Tesla Model3 killer:

https://techau.com.au/breaking-byd-seal-will-cost-a48888-in-australia-deliveries-start-december/

richms

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#3148737 18-Oct-2023 11:51

Scott3:

I'm supprised how poorly the eT60 has sold. 53 registrations year to date.

I realize the vehicle has limitations (RWD only, motor hanging from rear diff, relatively short 325km WLTP range, lower payload and tow rating than diesel utes), but still expected it to be able to top expensive stuff like the BMW iX & Audi e-tron on the sales chart.

This additional discount brings the price down to $65,960 after rebate. In the same ballpark as a Midspec 2wd diesel hilux (SR5 Prerunner is $53,390 after clean car fee). Noting of course that the clean car fee will be going away, but some people / companies will want their ute fix now.

I see plenty of commercial applications that would be well-suited to a diesel ute. Westhaven marina springs to mind as an example, I think they currently have a pair of diesel utes (for doing things like moving sign's around, light maintenance, security patrols etc).

And their must be a decent chunk of private buyers who desire a ute for a specific purpose which is not impacted by the limitations of the eT60.

I am surprised by them selling that many for an underpowered slow piece of crap that looks like a 40k ute.

Richard rich.ms

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