Motoring News - MAL 2020

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2035 Dead Line

MAL 2020
Published by Mike Shea in Motoring · 11 September 2020
Tags: Crbuyingmotoring
Urban planners have been making some crazy decisions over the last year, justifying their increase in new housing developments (and their associated increase in traffic) by saying that the additional pollution will not materialise because we'll all be driving electric.  Next year, almost.  Well, given the cost of a new electric car, it has been my opinion that the dream of an all electric consumer base is on hold until the used car market has reached critical mass with second hand electric cars, making them cheaper to access.

Then the government in its wisdom has ruled that the sale of petrol and diesel cars will end in 2035.  !5 years away, no problem?  Not yet.  But consider: you buy a decent car now, and are in the position to change it every four or five years.  In five years time there will only be 10 years to the ban.  You part exchange for a newer petrol or diesel model with the intention of upgrading in five year's time.  At that point there will be only 5 years left to the ban.  Consideration - what is the approaching obsolescence of fossil fueled cars going to do to those cars' values?  My guess is that by 2030 their value would be less than half of their equivalent value today.


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