Cash, most people aren't buying cash but pcp, hp, lease or contract hire. I agree that theyll come down. My mum paid £37000 for her Kia on Pcp. Shes had some issues that Kia need to look at. Shocking after sales too.
While its cleaner she knows my v6 gas guzzler can be driven over 4 years and still not cost £37,000 even if i paid cash at 20k. Okay i recognize the flaw here unless you were buying ev cash...break even is still years ahead vs the equivalent petrol and the gap will decrease. But tbh if youre willing to pay £72k why should it get cheaper
My brother has a 2000 1 liter toyota iQ/aygo and pays £0 road tax.Petrol £10 per week..insurance is £300.cost £1500....
Who stands to gain since electric vehicles have existed since Nazi Germany with Porsche etc
We are just waiting for the government to really start clawing back money. Once the VED hit is apparent. The incentives keep the motor trade alive and please the Greta gang aiming for zero emissions. Govt get to tick boxes in a Paris agreement and Euro document while cashing on ancient cars. Just not pure classics. We know who drives the majority of those.