Using the old 80/20 rule I'm guessing that at least 80% of new cars are "bought" using the PCP model and so it's the finance deal that would either help make a sale or not as the case may be, rather than the retail price. And tbh I wouldn't be surprised if the PCP vs cash sale figure was the mid to high 90's. I have it on good authority that DMC's sales were 95% on PCP. Jaecoo hit the ground running when they launched in the UK with a 0% PCP deal then in September it went up to 1.9%, so combine that with a decent build quality, loads of tech and better reliability than the car you've cloned then you have a very competitive package which is helping them shift volume
With a 7-year/100,000-mile warranty (whichever comes first) on new vehicles in markets like the UK there's no risk. Unless there's a very small dealer network with limited techs & no parts. Whats the "Guaranteed Minimum Future Value" (GMFV), aka the balloon payment, which is the lender's estimate of the car's worth at the end of the term like?
I'd want some assurance on parts availability. Or are those rumours hot air? Wouldn't want to buy a new vehicle and then find it's off the road for long periods waiting for parts.
Apparently a number of owners have problems with allowing the battery to drop below 20%. Gives a lot of errors, and the car should be in smart mode.
For mine the GMFV is £14k, so a drop in value over 4 years of 60%. This is typically no different to a major established brand like BMW. Like Range Rover you mean? Jaecoo gives a 7-year/100,000-mile warranty (whichever comes first) which tells me that they are confident in their product. Yes "Smart Mode" is the mode to choose before you set off on each journey. Those that have had issues haven't used Smart mode and have left it in the default "Initial mode"
UPDATE: Have to say I am impressed with the car so far. I've charged it 6 times now in the past 12 days, the cost is about 60-70p a night to charge it (so its cost me less than £5 so far) and I've done 200 ish miles and not used any petrol yet. The tech is superb too. The only downsides are that some of the actions reset to default every time you switch off so you have to reset them (things like lane departure etc, but I understand lots of new models from different manufacturers do that now because of European legislation), and the DAB radio can be crackly sometimes, but there is a software upgrade being rolled out to sort that. So far, so good.
Are you just putting 2 or 3 miles on it? My PHEV costs around £3.50 for a full charge. I try only to recharge once down to 20%.
I think, in the main the battery has been down to 40% when I've put it on charge and it's fully charged after 5 or 6 hours
Who is your energy provider then? Wall charger or 3 pin charger? From your charge times it suggests 3 pin charger. Added 26kwh in three charges (above 20% because I needed the preheat on) and that cost £5.63 according to my PodPoint charger. That’s with Octopus. Car has a 14.4kwh battery. Sort of £0.217/KWH. So a full charge should be sub £3.1248 allowing for the preheat. I haven’t included any standing charge. Google suggests your Jaecoo has an 18.3kwh battery, so under £3.97 for a full charge.
1. British Gas 2. Granny charger (3pin) 3. EV charge cost 9p per kwh 4. I didn't include the standing charge either EDIT: Apologies my maths was wrong.......the typical cost for a 6 hour charge is £1.24 so I will have spent 6 times that (£7.44 all in) which is still good for 200 miles IMO given that petrol cost for the same mileage would be £34'ish
This has been around for a while for things related to emissions. My VW has stop/start and whilst it's maybe good if you commute through busy urban areas, that's not something I usually do as I work from home and live in a town where the traffic isn't that dense. Having to disable it, most often after pulling up to a junction and having the engine die just as I want to pull away, is annoying. Recently I found that there are 3rd party 'widgets' that plugs into the back of the switch and connect to the loom that previously plugged into the switch. This remembers the last setting and reverts to that when you turn the ignition. So now I can selectively choose to use stop/start and it stays that way. A small thing but makes a difference and surely repeated stop start isn't good for the engine or starting system/battery in the longer term.
For a PHEV the EV tariffs make no sense. You may get 35hrs off peak electric at 9p per kWh but during the day you are paying 31 to 32p [it is actually just under 30p according to British Gas] per kWh for your electric. Running your house is more expensive. If you had a pure EV it could be beneficial but the fair usage restriction of 35 hrs could limit those who do higher mileage.
Yep. Can’t understand people that think it’s a great idea to start up a car/bike once a week if it’s in winter storage… Keep the battery fit and leave the fk alone!
Just done a 150 mile round trip this morning in "smart mode" and so the battery level dropped to 25% and then the ICE kicked in to recharge on the move. It would then charge to 30% then let the EV take over till it dropped to 25% and the ICE kicked in again etc etc. When I pulled back on the drive it had 28% charge. The car so far has been great. I cant complain at all........yet (before anyone says it).
If you have an EV or a PHEV then sign the following https://l.facebook.com/l.php?u=http...mCr_HxmNrYpXb_aOJso21ZgSxEx-U4tFFfU31vjCgHEq2 (or pass it on to anyone you know who has one)
