@kdwolf As this is a Motability forum, can I just check that when you say that you think that EV prices will “significantly decline over the next month or two”, are you referring to the retail prices, or the Advance Payments (APs) for them through Motability?
I think that we will be facing another significant drop in EV prices on the open market, which will positively impact Motability APs, yes. Hence raised this topic to have other people’s opinions.
Polestar 4 as an example – it is a Chinese car, despite some think it comes from Sweden. It is reasonable to assume it does not cost more than £30,000 to mass produce this vehicle, but it sold from circa £60,000 onwards.
Import duty – 10%, Shipping, insurance – £1,500 (remember it is on the industrial level, so costs per car are low), VAT 20%, so total cost on British soil is £41,400.
Polestar operate DTC model (same as Tesla) – Direct To Consumer, so it is reasonable to assume they won’t loose money even if they will drop the price by several thousands. Tesla, as oppose to someone who advised here, is not manufactured in China, but in Europe : Tesla’s VIN numbers in the UK begin with XP7.
Same goes to BMW iX3 – made in China (Dadong), DS9 saloon built in China. Even Smart 1 and 3 are built in China.
Sent from a mobile device.
Apologies for briefness and spelling mistakes.
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