I'm not suggesting for a second that I would pay £30k for it, I'd happily wait for a sub-£20k second hand one. But there is value in more than just the range and practicality of a car. This is the best looking small EV by a million miles, it will be desirable to buyers and there's a premium in that. Whether that justifies a £30k price tag is down to the buyer.....
Hi Dave Regarding Renault 5 UK Pricing I don’t think we have official pricing yet but some data I have to hand will be an indication or intension for UK pricing: £22,000 - 40kWh 95hp - Range 160 miles - 10 secs 0-62 £24,000 - 40kWh 120hp - Range 160 miles - 9 secs 0-62 £28,000 - 52kWh 150hp - Range 205 miles - 7.5 secs 0-62 Comparing this to the 2024 Mini which I thought you may have made a video on - maybe you have already: £30,000 Mini Cooper E 36.8kWh - Range 140 miles - 7.3 secs 0-62 £34,500 Mini Cooper SE 49.8kWh - Range 190 miles - 6.7 secs 0-62 Also a nice car in my view but does not represent best value… That said Would like to see Mini release a 2024 Convertible model but the price would be eye watering!
Peugeot e208 GT ex dem with 200miles on the clock for £19K 2 months ago. I am so glad I snapped this up and did not wait on an empty promise from Renault. As my Granny used to say: "Fine words butter no parsnips"........(She drank Drambuie!)
I have one as a company car and it’s brilliant (but list price £35k!). I’m very tempted when my lease finishes next year to get one privately as you have. At £20k for basically a brand new one of these, it’s a steal.
@@ISuperTedit’s the way to go. After owning a Corsa EV from new, now 3 and a half years in and 58k on the clock, I’d be happy to pick up one with up to 10,000 on the clock for under £20k. 10,000 miles is nothing for an EV and the discounts for not buying new make a huge saving. Factor in how much you save on fuel and you motoring is ridiculously cheap.
No point getting your knickers in a twist over this choice by Renault, they will always launch the "halo" version first - Telsa did it, even though they banged on for years about producing a cheap model 3 ( $30k or $35k (?) which only briefly made an appearance in Canada)- its good business practice. Its why all the testers of new cars get the top of the range version to test.
While there are examples like Tesla, most car makers launch a new model with affordable versions from day one - and then produce or release a halo variant later, sometimes nearer the end of the production run (e.g. Ford making RS models mid way through a life cycle, to boost sales near the end and before the next-gen model is launched - rinse and repeat). Halo cars are there to sell normal cars, not to be big sellers themselves, so Renault really needed affordable models of the EV from day one. Citroen has done better with the new C3, albeit with a petrol version to be the cheap model until the smaller battery version comes next year. However, they have launched with a highly affordable model and not just the top-spec. Likewise the Dacia Spring comes in three variants. I can only imagine that there's limited production capacity, so this is why they're purposely restricting sales - but it's an odd strategy as the next phase of EV development is hitting the lower end of the market. The companies that get here first will reap the rewards, and Citroen, Dacia (which is of course part of the Renault group), BYD and numerous other Chinese car makers are going to fight head to head over the next 12 months. VW, Ford and others have all dropped the ball on this too.
@@JonathanMorris777 Renault probably have enough interest to do the Halo first because of the history of the Renault 5, virtually all companies have started with high profit SUVs, this will be the same scenario. They all need to create the most profitable versions first to pay off the development costs for this new paradigm as soon as possible. EVs can get better near the end of its production run by updates to the software rather than hardware.
Sorry to bring the bad news to you Dave but it’s going to sell like hot cakes. First reviews are out. Top Gear 9/10, CAR 5/5 Electrifying 10/10 Parkers 4,5/5 You’ll see it at the very top of EV sales charts as soon as production is maxed
In engineering, life testing (reliability) of components is extremely important. Typically this is done in-house in limited numbers and under harsh conditions to accelerate potential component failure. However you still need real life data from production models so the real world testing is extremely important. It builds confidence in the technology which is carried over into newer models. This is why it's difficult to switch technologies quickly, because the only real test is the test of time which takes well, time. So I don't think Renault are doing the wrong thing.
Explain Starship on that basis. They seem to me to throw one together and fire it off into space and see what fails, knowing something will. Each time they fix that issue and repeat until finally it doesn't fail.They then have a finished product. But, to refute your point totally, the starship that takes off next will be nothing like the first one that crashed and burned. Each one that launches not only fixes an issue that caused it to fail, but also improves on the bits that didn't fail. Renault will undoubtedly make a finished model and build that for several years until it is time to replace it. No Tesla built today is the same as last month's model, every single day, week or month they add or improve something. Evolution vs stagnation.
I have a 1 yr old Ioniq 5 the 330bhp dual motor. It is a super car, we absolutely love it! When it went it for it's 1st service only a week or so ago, I saw same models with 15,000 miles on it for £28k. Who on earth would by the Renault, and I bet it is not capable of 800v and 350kw charging speeds? Also at £25k max, we would have genuinely considered one for the other half. We have a Kona 64kw too, it's a 2023 but not the new shape one. I think we will just keep this until the Kia EV3 is available to order. That will be a £30k car, however much more of a car, a baby EV9? Also with a fantastic range 350+ miles.
Don't forget that here in France the government grant is between €4 000 and €7 000 which makes a difference. However Renault have fixed the starting price for the E-5 at more or less the same level as the superb Mégane E-TECH. Nuts.
I live in France too and am very disappointed with Renaults pricing of the new 5, superb design though it is. Here in the rural Deux-Sevres most people drive practical boxy cars, always with a trailer. I just got back from our a Vide Granier in our village (sort of car boot sale) and saw a 1970s Renault 4 still being used as a daily drive, not untypical to see cars of that era still on the roads here...rust just isn't a problem as the roads never see snow or salt... Anyone driving an EV here will most likely go for something like a Dacia or the Citroen eC3. The Renault 5 is for the BCBG ( 'Bon Chic, Bon Gens') Parisians, not for the rural folks here.
Launch versions normally have loads of options fitted. The only thing putting me off getting one eventually is that they have an NMC battery and not LFP.
The new electric Renault 5 40kW ( small Battery ) version is £25,000 and is due in 2025. The UK won't get the right hand drive version of either size battery until 2025 any way. If you check the official french Renault 5 website they have more information but you need to translate it to English.
Yes he’s not as informed as he thinks it’s ok he’s running around in circles thinking a new Renault 5 petrol would be £18k I think he lives in 2014. Unless he’s an idiot and he ignores all cars new are expensive.
Like others here my wife and I loved the idea of an R5 and at the price point promised by Renault, I started to question my plans to buy a used 42kwh i3S. I bought my Beemer for £16k and it’s genuinely pristine and utterly brilliant. So pleased I didn’t delay my purchase either.
I waited for 5 too, but I already had the i3. It doesn't worth to give so much money for so more than I already have. Almost the same range, i3 is faster and looks that it is more fun to drive and I bought it 16k 1,5 year at half the price of the new cinq. I don't have kids any more, I need it just to go to work and small journeys with my wife, so I don't care if it is bigger. If it was at 20-22k.....mmmm....... I don't know, I would think about it, but on 30k, no.
@@chrishar110 the R5 was a romantic thought as our families had them, but I was watching the i3 from conception and loved the efficiency ethos. Aluminium ladder chassis (even the bolts are aluminium) and a carbon/carbon fibre reinforced polymer shell all built responsibly with recycling and reuse in mind. It’s unique and after 19 Beemers, it feels like the future now. Congratulations on your purchase too. 👍
A few points to consider, (i) List price is less important than the finance cost (ie. PCP cost per month) for most, & the UK price has yet to be announced. (ii) Dealer pricing (in normal market conditions) very rarely aligns the manufacturer list price in this segment of the industry, dealers will always have the flexibility to price according to market conditions (iii) List price is not an indicator of margin, we've no idea whether Renault make (or lose) money on any given sale. Clickbait title without any foundation, fine to have an opinion but doing here exactly what other content providers get criticised for on this channel smacks of double standards.
Some interesting points. This was aimed at Europe not UK. After a string of failures to reach mass production numbers, with small overpriced EVs from legacy auto, it is not clickbait to suggest another is imminent. All legacy auto predict customers will pay premium of 50-100% just because it is an EV. I say they won’t. Time will tell.
@@davetakesiton thanks for taking the time to read & respond, it can't be easy to find the time to do that given the volume of content you're putting out. We won't agree on the "clickbait" issue as (in my opinion) the title is clearly a statement, based on zero evidence, not a suggestion. If the words "has already" were replaced with "will" I'd not have added that comment so perhaps given the way UA-cam operates you are doing the right thing. Wish you well with the channel.
The delay is probably based on the high amount of renault five passes that are sold for 150 euros each (they could order at first). So, if the launch delay is shortened in upcoming time, the pass holders walked away from it such as I did when they finaly told me to pay 35 to 37k euros. When the delay stays It could really meen that people want to spend this much money. I would be very surpriced. The prices of second hand ones will plunge and it will be a very high price per mile when calculated afterwards.
You are right. I’ve been looking for a 2nd car and I want it to be an EV - but they are just too expensive. I would buy up to £25k but £30k+ not a chance.
I genuinely agree that this high price has made me reconsider getting one. I love the look of the new R 5, it suits my needs for a small electric hatch but considering that price… I’m really considering a used Megane e tech instead as it’s got everything I want just bigger and cheaper. Just not as cool looking
I was looking to replace my Zoe at the end of this year, was thinking about a Renault 5 and was waiting to see what the price was. At £30,000 odd pounds -- no way would I pay that money, probably keep the Zoe for a bit longer ( or maybe by a second MG4 - base model?)
As of today 18/10/24 here in France the waiting list for the Renault 5 is 5 months. 6 months ago there were 75000 pre orders (figures from Renault themselves). The order books right now are OFF THE SCALE so it’s anyone’s guess when I will get my car. (I’m trying to order one!!!!! A nightmare). People are going crazy over this car. They’re not really comparing it to petrol cars at all, and they know they’re going to have to pay a bit more for an EV. Stellantis is not appealing at all to us here in France, It’s pretty much a given they’re not really into electric vehicles, still milking ICE, whereas Renault have dived in at the deep end and embraced it completely. Everything’s made here in France for the R5, even the battery is made with CATL in Northern France. The materials are mostly recycled and it has a very very low carbon manufacturing footprint (thanks mainly to nuclear power). I’m trying to order the top of the range, but the 25000 euro one is a great car and promises to launch the EV off the launchpad and into the mainstream public. THE DEMAND FOR THIS CAR HERE IN FRANCE AND EUROPE IS MASSIVE. It’s reached a sort of fever pitch. You have to drive it to believe It. I’ve driven an older pre Highland model 3 (admittedly in a completely different class) and I know which one I would choose right now. Value for money it beats Tesla hands down (The quality is very good inside, not at all what I expected from Renault, you will be very very surprised, I was!) and it’s ideal for smaller roads as well as the cities. Would I buy it if I was doing 100’s of kilometres each week, probably not, I might go for the Highland, but the Renault 5 and 4 are new and exciting, whereas I find the Tesla (cyber truck excepted) stale and boring, they’ve not really changed aesthetically from the Model 3, the Model Y being a pregnant Model 3 and the Juniper probably a Model Y with bangles on it. Same with the Model S. Ok so the tech has improved, but I never rated the model 3 in terms of quality pre Highland. Very poor. I didn’t enjoy driving it at all (and that was the performance model). If you like yer comfort go for this lovely little car, or if a tad too small for you skip over to an etron or Highland. I sometimes get the feeling that over in the UK your’e in some sort of time warp. This article could not have been more off target and innacurate if Dave had tried (sorry Dave, with respect). Ps Vehicle to grid as well 😂
It's probably a strategy of sorts balancing the factory gate price, against eventual discounted sales price, against ZEV mandate (at least in UK). They need to sell more EVs this year as % of total sales, but if it really is costing them more to make they want just enough sales for now. I bought a 3 year old EV recently as that is one of the sweet spots in the market, the other is when a manufacturer is up against sales target deadlines and they sell them at a hefty discount to the lease market. Manufactures moving stock to the lease market hides the real costs, but sometimes customers can get realy good deals in terms of total ownership costs if they must have a new car.
I'm leasing next year, but if I was buying it would be second hand. I feel there's a lot less risk buying a second hand EV than an ICE car. People can thrash and mistreat an ICE car and hide potentially expensive issues, but there's not as much damage you can do with an EV - bar destroying the suspension etc (but those things are easy to check). There are some crazy good deals on EVs right now.
I was interested to get it for my wife. I drove the original and think it looks great. First mail I got from them was telling me to pay money to get first in line to purchase one. Maybe they took a look at videogames and thought they could do better ? I bet it will be a great seller though....
The legacy namufacturers have been in business long enough to know how to price their products, yet differences between ICE and EV seem to be sticking around 30%+. Between that and the SMMT continually whining about lack of 'incentives' (gov subsidies) for retail buyers, I'm starting to wonder whether they actually can build sub 20 or 25k EV's. (Yes the Chinese can, but the government allegedly are heavily footing the bill.)
Of course tthey can. Battteries are now at $50 or less per kwh. Apart from the traction motor everything else is either the same as in an ICE or not needed.
The R5 is like the electric Mini or if they made an electric Citroen 2CV. You can sell a memory for a premium. I heard on the radio a few days ago, a company is selling a repro SINCLAIR ZX SPECTRUM with the rubbery keys, joysticks, preloaded with games from the 80s for Christmas for around £90!
Renault are confident the nostalgic design would be a big factor in sales. Unfortunately the Fiat Grande Panda is also being launched later this year in the UK. It has strong styling cues from the original 1980s model, so is equally as desirable as the R5. Full EV and also a cheaper hybrid model for around 19K, the Grande Panda might well be a dark horse.
same discussion you could start for larger cars. why would people pay nearly 80-100.000 euros for a audi a6 avant or SUV? everything's got more and more expensive. well, 32k euros is expensive, but in near future you can get a base version of R5 that is cheaper. and this price level is okay in my opinion - for an EV. I agree with you, 32k euros would be too much for me to pay for a car like that. I'm waiting for used cheaper R5s, but new - only base version I guess.
I'd agree they have got the pricing wrong here. You only have to compare with the Citroen e-C3. This is their competitor right now and more will come at around this (lower) price point. Renault will be obliged to re-evauluate their pricing on the R5. They should have known this already with the Renault Zoe which was successful until newer competitor models came out with better specs.
I was going to buy a EV Renault 5 and just this weekend spent time in my local dealership, We were under the impression that the top model was in the range of £27000 which is the top limit of where I was happy with. If the news is that they start at £30000+ I’m not interested at all. Where is the Tesla model 2 when you need it?
Others have stolen a big lead? You seem to have figures I have never seen. Name one company or model at any price that outsells the £50k Model Y! Tesla sold 1.2 million of them last year. When it does eventually launch I bet the Model 2 will massively outsell the Model Y and probably all the other EVs put together.
Hi Dave, greetings from Oxford. The original Renault 5 was a great little car - for the time. Most of its underpinnings were taken from the Renault 4, and the sister car, the Renault 6. It was of course a rust bucket, but to be fair, most cars from this era were! The new Renault 5 is just a styling throw back to their hey day. I agree 32k is way too expensive. I payed less than this for a brand new BMW i3 in 2019!
Totally agree with you. Citroen is doing the same with ec3. I was looking forward to seeing and maybe buying one of these cars until I saw the spec.and prices.
Dave I'm sorry think you're way off here . Autocar test drive article published today The 5 will cost around £23,000 in base form and even the top-spec Iconic model with the larger battery will cost less than the cheapest Mini Cooper E, which starts from £30,000. Climbing up the trim ladder costs £2000, and the bigger range battery is £2000 extra than the standard-range pack.
Dave… check out or do a video on the VW ID 2… to be released ext year at around £22,000 - in between a Polo and a Golf… this should do the EV market some good at that price point !
I've seen new Renault showrooms springing up in London, with an Alpine bolt on. Renault is trying to attract the German car buyer. The marketing is excellent. Time will tell.
It's a nice car but it does not excite me like an original R5. What Renault have done with the Dacia Spring is pretty much on target. Much more of that please.
Unforthunately all UK car prices have gone up, so now I see a small car around £20k (Corsa size) a smaller family car around £30k (Astra sized) and £35k to £40k+ for the more luxury larger family cars. This is where most ICE cars are, especially if they have a little bit of an equipment upgrade. EV's must fit within this framework, but like you, the Corsa being a fine car, is just wrong when priced at the crazy £32,445 rather than £19,635 for the ICE is stupid. The discounted ones are selling at £20k to £25k as that is still in their price bracket. Other problem when you get towards the mid thirty thousands is the Tesla Model 3 RWD at £39,990. As a great EV, this is keeping the price where it should be nowadays. Car prices have increased over the last few years and £12k to £14k for a new one is now a memory. We were buying a new VW Polo for that kind of price 6 years ago. Now over £22k for similar level.
I think the reason is lack of on costs. The price could be that high because once sold, there isn't alot to make any money on and stay in business. I have been an EV owner (x2) for 6 years, I have spent more on my daughters petrol Fiat 500 in the past year than both EVs combined. This is also why I think Japanese brands are going hybrid, they still get to sell oils and filters and get you in more. I have no idea if true but it does make sense. As soon as they figure out a way to get repeat business then the prices will easily start lower.
No quite the opposite but not just yet. Most legacy are struggling to keep the EVs running. But Tesla now make more with connectivity and range extender and performance upgrades and autopilot and FSD which will earn far more than filters and oils over the life of the car. FSD is worth about £10k per car.
Late this year and early next is supposed to be the cross over point where EVs are cheaper to make than petrol cars. With input costs falling, particularly lithium there are claims (take with a pinch of salt) that this has already happened in China. Taking a breather for four years to work out how to reduce costs is bad timing when the competition have already reduced theirs and the trajectory is downwards. The old saying of too little, too late fits legacy auto perfectly.
as you say Dave it is crazy, in a new and evolving market you have to sell at a loss to start with to build up the demand then has you need to make more, economies of scale kicks in and profit times ...
the R5 should sell loads at it is 25K mark I saw all the original reviews at so unless there are great PCP deals etc then only its history will make it a success
I'm just as frustrated as you Dave but bear in mind that Renault arent doing this for our benefit. One scenario is that they potentially have restricted manufacturing during the first year or so , therefore there's no point in selling the £25k version. So they probably feel they can fill their order books with the initial high price limited edition versions. You will probably see loads around Paris! ...
I think that Renault are going for the Mini market, where people are prepared to pay a bit more for a "premium" small car. I wouldn't buy a Renault 5 or a Mini, but would be prepared to pay £30k for a more practical car.
Saw one couple of days ago on my visit to Paris. You guys in Europe are rotten spoiled. Stunning car and you think no one would buy it ?????? I would buy this over my tesla (which I absolutely love) , in a heartbeat, if it WAS ONLY AVAILABLE IN THE US.
Citroën (Stellantis) did it a lot better with the Citroën ë-C3. €23.500 for the You version. 326km range, fast charging with 100kW and LFP batteries. No brainer, good EV, and for €3.500 more you get the top spec MAX version €27.500. So indeed for £25.000.
It's already a "style icon" and "chic", and as such will sell to all the "stylish/chic" people about about town in droves. Its a style over function thing like the i-phone, and Fiat 500.
The R5 has appropriate battery capacity and range, is compact yet has ample space int the trunk an the cabin for a compact car. It may be not as cost competitive as a e-c3 but to say it is style over function is absurd.
No,manufacturing plants are in Eisenach and Kaiserslautern, Germany; Szentgotthárd, Hungary; Figueruelas, Spain; Gliwice, and Tychy, Poland; Aspern, Austria; Ellesmere Port, and Luton, United Kingdom.[48
That’s a shame - it’s basically the Stellantis tactic, putting out cars at stupid list prices which will end up with huge discounts. I really don’t understand the reasoning, unless it’s to just break-even by selling a very low volume of cars to some gullible people.
You cant just develope stuff infinitely and not produce anything. Thats how you go out of business. Plenty of people are willing to spend extra money to be an early adopter. If the Renault 5 delivers everything it promises I am going to buy one. I just test drove the Corsa and I think the reason they sell less then Stallantis hoped is not that they are too expensive. Because they are good value for the money compared to other EVs. Instead they dont drive very well. The break pedal is very non linear and hard to control and the gas pedal is mushy at low speeds. The drive mode selector is wierd and the infotainment system offers very little info and very little settings. They are also a lot of clunky noises when you turn the car on or unlock the doors. And after you drive for a while there is an annoying wining noise from under the hood.
Radio advert yesterday. EV for same monthly price as ICE... Shame that it was 5 years for EV & 4 years for ICE.. Can't remember which co it was either..
@@ISuperTed That's your opinion. I know it is. If you think we will get back to pre pandemic prices, you are wrong. Inflation is here to stay. Check out VW prices, or any car maker for that matter. Prices have gone up about everything including. Keep living in la la land if you think you gonna get a great for 15k.
@@rogerphelps9939not “rapidly.” Tesla and the China companies locked-in output deals long ago. CATL’s agreement to give priority to Tesla continues through 2025. Meanwhile, Tesla is buying up battery oversupply made possible by LEGAs “pulling back…”
It's because the legacy car makers are trying to screw every last bit of profit from their EV sales , Plus I don't believe most ever set themselves up for volume manufacture of their EV's , consequently they are more interested in selling smaller quantities at high prices. The problem is that we have been hit by a recession and cost of living crisis so less and less people are interested in paying over the odds. EVs need to be competitively priced to sell in volume , that's even more apparent now.
Unless you know car manufacturers' internal costs you have no idea whether they are kite flying, pricing appropriately with a normal margin or subsidising them. Mandating EV adoption before the manufacturer and consumer can make the numbers work is a mistake you will only make once. Could destroy a large part of what is left of the manufacturing base in the West.
Not my problem. Manufacturers have the problem of producing a product at a price that will a) sell and b) make them a profit. If they can't do both, and especially if they can't do either, they should not be making that product. Just because they got good at making ICE cars, does not give them the right or ability to make EVs. Maybe they shouldn't make EVs at all. They cannot run a business that requires us to spend twice what we think a product is worth just so they can make a profit. The mandate is valid because some companies are selling EVs and making a profit. We should never make laws or set targets based on whether or not a company or industry sector can make a profit out of it.
Look the EU says you have to make EVs the companies do but don't make a profit on them at reasonable prices so they sell them at what they can. If they don't they don't care. . They don't want to because they make more money on Petrol cars.
Yawn This is what's happening - as stated on 21 May 2024. "Since its presentation in February, all the data on the Renault 5 E-Tech Electric has been known - except for the price, which the French carmaker has now revealed. The compact electric model is based on design elements of the historic R5 and will shake up the small electric car segment from autumn 2024. Initially, two of five trim levels will go on sale - starting from €32,900 or €279 per month. Both versions - the Techno and the Iconic Five - have the larger 52-kWh battery. The basic version with the smaller 40-kWh battery will follow next year. According to Renault, it will sell from 24.900 euros, making it the ‘25,000-euro electric car’ the French company had promised in advance. The other two equipment levels will also follow in 2025, completing the quintet of Five, Evolution, Techno, Iconic Five and Roland-Garros (the latter is a special model)."
They could reduce the price by some margin by removing all the silly EU mandated speed limit exceeded warning hardware, the lane keeping intervention hardware etc that are the first things to be disabled when the driver gets into the latest cars
@@ISuperTed maybe the EU people need a kick up the backside for adding these useless expensive functions on the car makers that owners immediately switch off
The answer is to make it impossible tto disable these essential safety features then. Has it not crossed your mind that these things are there for very good reasons? I always engage speed limit following That way I stay within the law and have no fear of getting a tticket.
If you care about the future of the Earth and the sort of life your grandchildren are going to live you will steer well clear of sttupidly named mild hybrids. They have absolutely no environmental benefit.
Tesla has already failed to deliver. Here in the UK there are plenty of far better offerings with better build standard, better reliability and better customer service. That is the verdict of the UK not for profit, independent, no axe to grind, Consumers Associattion.
you must have a strange way of measuring failure. Tesla Model Y is the best selling EV in the whole world, ever. It is also recently the best selling car of any fuel in the world, ever. If that is failure, I think I need to retire. No other EV even comes close including the Wuling mini at about £3k. I would ask you to name one of the far better EVs you mention but the sales figures suggest there are none that the public want.
Considering the price of the dreadful looking Corsa... Why wouldn't Renault release the R5 EV at a Corsa price. I understand the argument about PRICE... But it just stand up. People pay too much for a Mini E and a Fiat 500 E.
The car maker need to wake up to the mustard, the average people have 12K to 16K for a car and even worth with the last two year food price rise . Good luck in the car maker future bankruptcy. Simple
Good luck working with Chinese companies. With the protectionist measures the UE is adopting the European car industry is going down the drain. Just check what's happening with Volkswagen factories in Germany. Meanwhile, bye bye Russian market, buy buy Indian market, the works.
Shame China hasn't made a 20k family car with a 250 mile range. BYD and MG will be happy that Renault pulled out. BYD & MG are over priced in Europe and the UK. Looking good for Teslas model 2.
They're lying about bringing it to Australia too. Promises promises, but we never get cars like this from Europe coming here. That said, at that price, why bother. We were told we'd be getting it and much cheaper than that. Screw you Renault.
It’s already got a 50,000 waiting list official. It will still sell like hot cakes. A standard MINI Copper petrol new is £26-32k dependent on option. Have you been living under a stone all Cars are expensive these days regardless of powertrain end of. The official U.K. price is not out yet.
What a poor analysis and understanding… and your ‘predictions’ are based on things already announced… plus the exchange rate is 1,2… so how does your maths work ?
Nonsense analysis. Renault is state-owned and can virtually sell to themselves (or similar companies such as EDF). Site selection was driven by compliance & politics, sort of strange "France first" attitude (ignoring that France now is a net car importer for years). Impossible to cut costs by half under these circumstances, much more likely that this can only happen when Renault is being absorbed in a larger group with access to Chinese technology (LFP) and cost structures (as Stellantis with Leapmotor).
Are you unaware of the 26k Euro version in 2025 or deliberately ignoring it? They are launchin with the more expensive options first but even there your numbers are wrong, at least for Austria. The „Techno“ version is 32k Euro, 35 k is the most expensive version in its base configuration. With ev subsidies that’s 27k and 30k, respectively. The cheapest version next year will be 21k minus subsidies.
Good reason to buy the Renault is that it isn’t a Tesla
I'm not suggesting for a second that I would pay £30k for it, I'd happily wait for a sub-£20k second hand one. But there is value in more than just the range and practicality of a car. This is the best looking small EV by a million miles, it will be desirable to buyers and there's a premium in that. Whether that justifies a £30k price tag is down to the buyer.....
@@stephenballantyne Second hand Tesla from £14,000 UK
@@stephenballantyne Tesla model 3 from £14,000
@@johnharcombe9412 don't want one.
Hi Dave
Regarding Renault 5 UK Pricing I don’t think we have official pricing yet but some data I have to hand will be an indication or intension for UK pricing:
£22,000 - 40kWh 95hp - Range 160 miles - 10 secs 0-62
£24,000 - 40kWh 120hp - Range 160 miles - 9 secs 0-62
£28,000 - 52kWh 150hp - Range 205 miles - 7.5 secs 0-62
Comparing this to the 2024 Mini which I thought you may have made a video on - maybe you have already:
£30,000 Mini Cooper E 36.8kWh - Range 140 miles - 7.3 secs 0-62
£34,500 Mini Cooper SE 49.8kWh - Range 190 miles - 6.7 secs 0-62
Also a nice car in my view but does not represent best value… That said Would like to see Mini release a 2024 Convertible model but the price would be eye watering!
Peugeot e208 GT ex dem with 200miles on the clock for £19K 2 months ago. I am so glad I snapped this up and did not wait on an empty promise from Renault. As my Granny used to say: "Fine words butter no parsnips"........(She drank Drambuie!)
I have one as a company car and it’s brilliant (but list price £35k!). I’m very tempted when my lease finishes next year to get one privately as you have. At £20k for basically a brand new one of these, it’s a steal.
@@ISuperTedit’s the way to go. After owning a Corsa EV from new, now 3 and a half years in and 58k on the clock, I’d be happy to pick up one with up to 10,000 on the clock for under £20k. 10,000 miles is nothing for an EV and the discounts for not buying new make a huge saving. Factor in how much you save on fuel and you motoring is ridiculously cheap.
No point getting your knickers in a twist over this choice by Renault, they will always launch the "halo" version first - Telsa did it, even though they banged on for years about producing a cheap model 3 ( $30k or $35k (?) which only briefly made an appearance in Canada)- its good business practice. Its why all the testers of new cars get the top of the range version to test.
While there are examples like Tesla, most car makers launch a new model with affordable versions from day one - and then produce or release a halo variant later, sometimes nearer the end of the production run (e.g. Ford making RS models mid way through a life cycle, to boost sales near the end and before the next-gen model is launched - rinse and repeat). Halo cars are there to sell normal cars, not to be big sellers themselves, so Renault really needed affordable models of the EV from day one.
Citroen has done better with the new C3, albeit with a petrol version to be the cheap model until the smaller battery version comes next year. However, they have launched with a highly affordable model and not just the top-spec. Likewise the Dacia Spring comes in three variants.
I can only imagine that there's limited production capacity, so this is why they're purposely restricting sales - but it's an odd strategy as the next phase of EV development is hitting the lower end of the market. The companies that get here first will reap the rewards, and Citroen, Dacia (which is of course part of the Renault group), BYD and numerous other Chinese car makers are going to fight head to head over the next 12 months.
VW, Ford and others have all dropped the ball on this too.
@@JonathanMorris777 Renault probably have enough interest to do the Halo first because of the history of the Renault 5, virtually all companies have started with high profit SUVs, this will be the same scenario.
They all need to create the most profitable versions first to pay off the development costs for this new paradigm as soon as possible. EVs can get better near the end of its production run by updates to the software rather than hardware.
A 1 year old Tesla for £30,000 better than than most cars new for £30,000 and you get access to super charger network
Nearly any EV has access to the Tesla charger network.
I would agree the Renault 5 is not a luxury car a 1 or 2 year old Tesla is and if you are in the market to buy rather than lease it makes total sense
Said Elon…
@@terrymackenzie6784a Tesla isn't a luxury car
Tesla is not a kuxary car? I'm afraid from April 2025 the tax man in the UK thinks that all but the cheapest model 3 are :(
Sorry to bring the bad news to you Dave but it’s going to sell like hot cakes. First reviews are out.
Top Gear 9/10,
CAR 5/5
Electrifying 10/10
Parkers 4,5/5
You’ll see it at the very top of EV sales charts as soon as production is maxed
Hope you are right, fear you are wrong
@@davetakesiton fingers crossed 🤞
In engineering, life testing (reliability) of components is extremely important. Typically this is done in-house in limited numbers and under harsh conditions to accelerate potential component failure. However you still need real life data from production models so the real world testing is extremely important. It builds confidence in the technology which is carried over into newer models. This is why it's difficult to switch technologies quickly, because the only real test is the test of time which takes well, time. So I don't think Renault are doing the wrong thing.
Explain Starship on that basis. They seem to me to throw one together and fire it off into space and see what fails, knowing something will. Each time they fix that issue and repeat until finally it doesn't fail.They then have a finished product. But, to refute your point totally, the starship that takes off next will be nothing like the first one that crashed and burned. Each one that launches not only fixes an issue that caused it to fail, but also improves on the bits that didn't fail. Renault will undoubtedly make a finished model and build that for several years until it is time to replace it. No Tesla built today is the same as last month's model, every single day, week or month they add or improve something. Evolution vs stagnation.
I have a 1 yr old Ioniq 5 the 330bhp dual motor. It is a super car, we absolutely love it! When it went it for it's 1st service only a week or so ago, I saw same models with 15,000 miles on it for £28k. Who on earth would by the Renault, and I bet it is not capable of 800v and 350kw charging speeds? Also at £25k max, we would have genuinely considered one for the other half. We have a Kona 64kw too, it's a 2023 but not the new shape one. I think we will just keep this until the Kia EV3 is available to order. That will be a £30k car, however much more of a car, a baby EV9? Also with a fantastic range 350+ miles.
Dave, see you in mid 2025 to check R5 sales.
You’ll be surprised
You can check sales right now. Starting at 33 thousand in Portugal. These guys are nutcases.
@@davidbaptista7904 Yeah, but it's not mid-2025 yet...
Don't forget that here in France the government grant is between €4 000 and €7 000 which makes a difference. However Renault have fixed the starting price for the E-5 at more or less the same level as the superb Mégane E-TECH. Nuts.
I live in France too and am very disappointed with Renaults pricing of the new 5, superb design though it is. Here in the rural Deux-Sevres most people drive practical boxy cars, always with a trailer. I just got back from our a Vide Granier in our village (sort of car boot sale) and saw a 1970s Renault 4 still being used as a daily drive, not untypical to see cars of that era still on the roads here...rust just isn't a problem as the roads never see snow or salt... Anyone driving an EV here will most likely go for something like a Dacia or the Citroen eC3. The Renault 5 is for the BCBG ( 'Bon Chic, Bon Gens') Parisians, not for the rural folks here.
@@kiae-nirodiariesencore4270 Well they should look at the Mégane as well. One of a handful of EVs that can tow - up to 900k!
-4500€ , not "more or less the same"...
@@harry7384 E-5 starts at €29 450. Mégane starts at €30 000!
@@brianbarcroft9167 hum hum... +100km of wltp range (40 vs 52kWh battery!), more power, better equipped...
Launch versions normally have loads of options fitted. The only thing putting me off getting one eventually is that they have an NMC battery and not LFP.
The new electric Renault 5 40kW ( small Battery ) version is £25,000 and is due in 2025.
The UK won't get the right hand drive version of either size battery until 2025 any way.
If you check the official french Renault 5 website they have more information but you need to translate it to English.
Yes he’s not as informed as he thinks it’s ok he’s running around in circles thinking a new Renault 5 petrol would be £18k I think he lives in 2014. Unless he’s an idiot and he ignores all cars new are expensive.
Like others here my wife and I loved the idea of an R5 and at the price point promised by Renault, I started to question my plans to buy a used 42kwh i3S. I bought my Beemer for £16k and it’s genuinely pristine and utterly brilliant. So pleased I didn’t delay my purchase either.
I waited for 5 too, but I already had the i3. It doesn't worth to give so much money for so more than I already have. Almost the same range, i3 is faster and looks that it is more fun to drive and I bought it 16k 1,5 year at half the price of the new cinq. I don't have kids any more, I need it just to go to work and small journeys with my wife, so I don't care if it is bigger. If it was at 20-22k.....mmmm....... I don't know, I would think about it, but on 30k, no.
@@chrishar110 the R5 was a romantic thought as our families had them, but I was watching the i3 from conception and loved the efficiency ethos. Aluminium ladder chassis (even the bolts are aluminium) and a carbon/carbon fibre reinforced polymer shell all built responsibly with recycling and reuse in mind. It’s unique and after 19 Beemers, it feels like the future now. Congratulations on your purchase too. 👍
A few points to consider, (i) List price is less important than the finance cost (ie. PCP cost per month) for most, & the UK price has yet to be announced. (ii) Dealer pricing (in normal market conditions) very rarely aligns the manufacturer list price in this segment of the industry, dealers will always have the flexibility to price according to market conditions (iii) List price is not an indicator of margin, we've no idea whether Renault make (or lose) money on any given sale. Clickbait title without any foundation, fine to have an opinion but doing here exactly what other content providers get criticised for on this channel smacks of double standards.
Some interesting points. This was aimed at Europe not UK. After a string of failures to reach mass production numbers, with small overpriced EVs from legacy auto, it is not clickbait to suggest another is imminent. All legacy auto predict customers will pay premium of 50-100% just because it is an EV. I say they won’t. Time will tell.
@@davetakesiton thanks for taking the time to read & respond, it can't be easy to find the time to do that given the volume of content you're putting out. We won't agree on the "clickbait" issue as (in my opinion) the title is clearly a statement, based on zero evidence, not a suggestion. If the words "has already" were replaced with "will" I'd not have added that comment so perhaps given the way UA-cam operates you are doing the right thing. Wish you well with the channel.
They did it for the same reason VW released the I’d Buzz at over £60K. Playing on nostalgia.
And the discounts on them are massive (check lease prices).
R5 E-Tech already failed? Why then has the UK launch already been delayed for 3 months (from July to October) due to the level of interest in Europe.
The delay is probably based on the high amount of renault five passes that are sold for 150 euros each (they could order at first). So, if the launch delay is shortened in upcoming time, the pass holders walked away from it such as I did when they finaly told me to pay 35 to 37k euros. When the delay stays It could really meen that people want to spend this much money. I would be very surpriced. The prices of second hand ones will plunge and it will be a very high price per mile when calculated afterwards.
You are right. I’ve been looking for a 2nd car and I want it to be an EV - but they are just too expensive. I would buy up to £25k but £30k+ not a chance.
I genuinely agree that this high price has made me reconsider getting one. I love the look of the new R 5, it suits my needs for a small electric hatch but considering that price… I’m really considering a used Megane e tech instead as it’s got everything I want just bigger and cheaper. Just not as cool looking
I was looking to replace my Zoe at the end of this year, was thinking about a Renault 5 and was waiting to see what the price was. At £30,000 odd pounds -- no way would I pay that money, probably keep the Zoe for a bit longer ( or maybe by a second MG4 - base model?)
As of today 18/10/24 here in France the waiting list for the Renault 5 is 5 months. 6 months ago there were 75000 pre orders (figures from Renault themselves). The order books right now are OFF THE SCALE so it’s anyone’s guess when I will get my car. (I’m trying to order one!!!!! A nightmare). People are going crazy over this car. They’re not really comparing it to petrol cars at all, and they know they’re going to have to pay a bit more for an EV. Stellantis is not appealing at all to us here in France, It’s pretty much a given they’re not really into electric vehicles, still milking ICE, whereas Renault have dived in at the deep end and embraced it completely. Everything’s made here in France for the R5, even the battery is made with CATL in Northern France. The materials are mostly recycled and it has a very very low carbon manufacturing footprint (thanks mainly to nuclear power). I’m trying to order the top of the range, but the 25000 euro one is a great car and promises to launch the EV off the launchpad and into the mainstream public. THE DEMAND FOR THIS CAR HERE IN FRANCE AND EUROPE IS MASSIVE. It’s reached a sort of fever pitch. You have to drive it to believe It. I’ve driven an older pre Highland model 3 (admittedly in a completely different class) and I know which one I would choose right now. Value for money it beats Tesla hands down (The quality is very good inside, not at all what I expected from Renault, you will be very very surprised, I was!) and it’s ideal for smaller roads as well as the cities. Would I buy it if I was doing 100’s of kilometres each week, probably not, I might go for the Highland, but the Renault 5 and 4 are new and exciting, whereas I find the Tesla (cyber truck excepted) stale and boring, they’ve not really changed aesthetically from the Model 3, the Model Y being a pregnant Model 3 and the Juniper probably a Model Y with bangles on it. Same with the Model S. Ok so the tech has improved, but I never rated the model 3 in terms of quality pre Highland. Very poor. I didn’t enjoy driving it at all (and that was the performance model). If you like yer comfort go for this lovely little car, or if a tad too small for you skip over to an etron or Highland. I sometimes get the feeling that over in the UK your’e in some sort of time warp. This article could not have been more off target and innacurate if Dave had tried (sorry Dave, with respect). Ps Vehicle to grid as well 😂
It's probably a strategy of sorts balancing the factory gate price, against eventual discounted sales price, against ZEV mandate (at least in UK). They need to sell more EVs this year as % of total sales, but if it really is costing them more to make they want just enough sales for now.
I bought a 3 year old EV recently as that is one of the sweet spots in the market, the other is when a manufacturer is up against sales target deadlines and they sell them at a hefty discount to the lease market. Manufactures moving stock to the lease market hides the real costs, but sometimes customers can get realy good deals in terms of total ownership costs if they must have a new car.
I'm leasing next year, but if I was buying it would be second hand. I feel there's a lot less risk buying a second hand EV than an ICE car. People can thrash and mistreat an ICE car and hide potentially expensive issues, but there's not as much damage you can do with an EV - bar destroying the suspension etc (but those things are easy to check).
There are some crazy good deals on EVs right now.
It has V2G, a game changer for me
You are right, 21k£ would sell like hot cakes. £30K will be like Honda -E = RIP
Nailed It, Dave.
Maybe should you take a look inside the Renault 5 to understand pricing
I was interested to get it for my wife. I drove the original and think it looks great. First mail I got from them was telling me to pay money to get first in line to purchase one. Maybe they took a look at videogames and thought they could do better ? I bet it will be a great seller though....
The legacy namufacturers have been in business long enough to know how to price their products, yet differences between ICE and EV seem to be sticking around 30%+. Between that and the SMMT continually whining about lack of 'incentives' (gov subsidies) for retail buyers, I'm starting to wonder whether they actually can build sub 20 or 25k EV's. (Yes the Chinese can, but the government allegedly are heavily footing the bill.)
Of course tthey can. Battteries are now at $50 or less per kwh. Apart from the traction motor everything else is either the same as in an ICE or not needed.
The R5 is like the electric Mini or if they made an electric Citroen 2CV. You can sell a memory for a premium. I heard on the radio a few days ago, a company is selling a repro SINCLAIR ZX SPECTRUM with the rubbery keys, joysticks, preloaded with games from the 80s for Christmas for around £90!
I,m listening Dave. Keep up the good work.
🙂
Renault are confident the nostalgic design would be a big factor in sales. Unfortunately the Fiat Grande Panda is also being launched later this year in the UK.
It has strong styling cues from the original 1980s model, so is equally as desirable as the R5. Full EV and also a cheaper hybrid model for around 19K, the Grande Panda might well be a dark horse.
same discussion you could start for larger cars. why would people pay nearly 80-100.000 euros for a audi a6 avant or SUV? everything's got more and more expensive. well, 32k euros is expensive, but in near future you can get a base version of R5 that is cheaper. and this price level is okay in my opinion - for an EV.
I agree with you, 32k euros would be too much for me to pay for a car like that. I'm waiting for used cheaper R5s, but new - only base version I guess.
Audi a6 is a business car. It's showing succes "in that part off the world". Companies will buy them. That's the difference.
The Corsa is advertised on the radio with the lease price for the petrol over 3 years the same price as the electric over 4 years
I'd agree they have got the pricing wrong here. You only have to compare with the Citroen e-C3. This is their competitor right now and more will come at around this (lower) price point. Renault will be obliged to re-evauluate their pricing on the R5. They should have known this already with the Renault Zoe which was successful until newer competitor models came out with better specs.
I was going to buy a EV Renault 5 and just this weekend spent time in my local dealership, We were under the impression that the top model was in the range of £27000 which is the top limit of where I was happy with. If the news is that they start at £30000+ I’m not interested at all. Where is the Tesla model 2 when you need it?
Tesla is incapable or very late in producing an affordable EV for the mass market. Others have stolen a big lead over Tesla in this area.
Others have stolen a big lead? You seem to have figures I have never seen. Name one company or model at any price that outsells the £50k Model Y! Tesla sold 1.2 million of them last year. When it does eventually launch I bet the Model 2 will massively outsell the Model Y and probably all the other EVs put together.
Sorry but this is exactly what I predicted. Better look at the Citroen E-C3 which has launched at a genuine €23k.
Hi Dave, greetings from Oxford. The original Renault 5 was a great little car - for the time. Most of its underpinnings were taken from the Renault 4, and the sister car, the Renault 6. It was of course a rust bucket, but to be fair, most cars from this era were! The new Renault 5 is just a styling throw back to their hey day. I agree 32k is way too expensive. I payed less than this for a brand new BMW i3 in 2019!
Where did you get the 32,000 EUROS figure from ?
Totally agree with you. Citroen is doing the same with ec3. I was looking forward to seeing and maybe buying one of these cars until I saw the spec.and prices.
There is a market there though, the new mini is 35k but has a 5 month waiting list.
A mini is like Iphone. Premium. A Renault will always be Android. Both good to use, but less people will pay premium for android.
Cant find prices anywhere where is info from ?
Specific prices are not quoted, they merely are seeking an agreement that the Chinese will match EU prices. Info from the EU commission web site
Dave I'm sorry think you're way off here . Autocar test drive article published today
The 5 will cost around £23,000 in base form and even the top-spec Iconic model with the larger battery will cost less than the cheapest Mini Cooper E, which starts from £30,000. Climbing up the trim ladder costs £2000, and the bigger range battery is £2000 extra than the standard-range pack.
Dave… check out or do a video on the VW ID 2… to be released ext year at around £22,000 - in between a Polo and a Golf… this should do the EV market some good at that price point !
We'll see what the reality is, (concerning the price)when it is announced.
@@12alocin Your right… things can always change… here’s hoping…
I agree. I bought a 71 reg Renault Zoe ZE50 for just over £10,000 and it does all I need it to do. Why would I spend 32000 euros on a Renault 5.
Apart from not offer good protection if unlucky enough to be in a accident didn't it get a 1 star NCAP rating
I've seen new Renault showrooms springing up in London, with an Alpine bolt on. Renault is trying to attract the German car buyer. The marketing is excellent. Time will tell.
It's a nice car but it does not excite me like an original R5. What Renault have done with the Dacia Spring is pretty much on target. Much more of that please.
Unforthunately all UK car prices have gone up, so now I see a small car around £20k (Corsa size) a smaller family car around £30k (Astra sized) and £35k to £40k+ for the more luxury larger family cars. This is where most ICE cars are, especially if they have a little bit of an equipment upgrade. EV's must fit within this framework, but like you, the Corsa being a fine car, is just wrong when priced at the crazy £32,445 rather than £19,635 for the ICE is stupid. The discounted ones are selling at £20k to £25k as that is still in their price bracket. Other problem when you get towards the mid thirty thousands is the Tesla Model 3 RWD at £39,990. As a great EV, this is keeping the price where it should be nowadays.
Car prices have increased over the last few years and £12k to £14k for a new one is now a memory. We were buying a new VW Polo for that kind of price 6 years ago. Now over £22k for similar level.
I think the reason is lack of on costs. The price could be that high because once sold, there isn't alot to make any money on and stay in business. I have been an EV owner (x2) for 6 years, I have spent more on my daughters petrol Fiat 500 in the past year than both EVs combined.
This is also why I think Japanese brands are going hybrid, they still get to sell oils and filters and get you in more.
I have no idea if true but it does make sense.
As soon as they figure out a way to get repeat business then the prices will easily start lower.
No quite the opposite but not just yet. Most legacy are struggling to keep the EVs running. But Tesla now make more with connectivity and range extender and performance upgrades and autopilot and FSD which will earn far more than filters and oils over the life of the car. FSD is worth about £10k per car.
Late this year and early next is supposed to be the cross over point where EVs are cheaper to make than petrol cars. With input costs falling, particularly lithium there are claims (take with a pinch of salt) that this has already happened in China. Taking a breather for four years to work out how to reduce costs is bad timing when the competition have already reduced theirs and the trajectory is downwards. The old saying of too little, too late fits legacy auto perfectly.
as you say Dave it is crazy, in a new and evolving market you have to sell at a loss to start with to build up the demand then has you need to make more, economies of scale kicks in and profit times ...
the R5 should sell loads at it is 25K mark I saw all the original reviews at so unless there are great PCP deals etc then only its history will make it a success
I'm just as frustrated as you Dave but bear in mind that Renault arent doing this for our benefit. One scenario is that they potentially have restricted manufacturing during the first year or so , therefore there's no point in selling the £25k version. So they probably feel they can fill their order books with the initial high price limited edition versions.
You will probably see loads around Paris! ...
I think that Renault are going for the Mini market, where people are prepared to pay a bit more for a "premium" small car.
I wouldn't buy a Renault 5 or a Mini, but would be prepared to pay £30k for a more practical car.
Saw one couple of days ago on my visit to Paris. You guys in Europe are rotten spoiled. Stunning car and you think no one would buy it ?????? I would buy this over my tesla (which I absolutely love) , in a heartbeat, if it WAS ONLY AVAILABLE IN THE US.
Citroën (Stellantis) did it a lot better with the Citroën ë-C3.
€23.500 for the You version. 326km range, fast charging with 100kW and LFP batteries.
No brainer, good EV, and for €3.500 more you get the top spec MAX version €27.500. So indeed for £25.000.
Not sure Stellantis had anything to do with it, Citroen seem to be going it alone against the trend but glad they are
Infotainment in Renault 5 is fantastic.
It's already a "style icon" and "chic", and as such will sell to all the "stylish/chic" people about about town in droves. Its a style over function thing like the i-phone, and Fiat 500.
The R5 has appropriate battery capacity and range, is compact yet has ample space int the trunk an the cabin for a compact car. It may be not as cost competitive as a e-c3 but to say it is style over function is absurd.
Disappointing this Renault 5 costs in Finland about 33.000-35.000€ not 25.000€
Oh, Dave... Chinese software. Plenty of U-Tube reviews of just how bad & far behind the rest it is... Just ask MG owners.
i cant see them selling a lot of them at that price.
Vauxhall is Opel a German make.Or am I wrong?
Vauxhall / Opel are owned by Peugeot / Citroen now that’s why a Corsa looks like a 208
Stellantis
No,manufacturing plants are in Eisenach and Kaiserslautern, Germany; Szentgotthárd, Hungary; Figueruelas, Spain; Gliwice, and Tychy, Poland; Aspern, Austria; Ellesmere Port, and Luton, United Kingdom.[48
Sttellantis.
@@stephenbagwell8275 Wrong.
That’s a shame - it’s basically the Stellantis tactic, putting out cars at stupid list prices which will end up with huge discounts.
I really don’t understand the reasoning, unless it’s to just break-even by selling a very low volume of cars to some gullible people.
This why VW walked away from talks with Renault. VW have woken up and smelt the coffee !
Two wrongs (VW and Renault) doesn't make one right!
@@Harrythehun True, but VW have realised price really does matter. Most folk can’t afford to be nostalgic.
Dave any chance of Tesla putting the mass market model 2 on Motability I would love one but need hand controls which Motability will put in for me.
The Model 2 does not exist.
It may not exist now i am talking about a year or so when it does exist whatever its finally called@rogerphelps9939
You cant just develope stuff infinitely and not produce anything. Thats how you go out of business. Plenty of people are willing to spend extra money to be an early adopter. If the Renault 5 delivers everything it promises I am going to buy one. I just test drove the Corsa and I think the reason they sell less then Stallantis hoped is not that they are too expensive. Because they are good value for the money compared to other EVs. Instead they dont drive very well. The break pedal is very non linear and hard to control and the gas pedal is mushy at low speeds. The drive mode selector is wierd and the infotainment system offers very little info and very little settings. They are also a lot of clunky noises when you turn the car on or unlock the doors. And after you drive for a while there is an annoying wining noise from under the hood.
Radio advert yesterday. EV for same monthly price as ICE... Shame that it was 5 years for EV & 4 years for ICE.. Can't remember which co it was either..
Vauxhall. They really are taking their customers for fools
What an incredibly stoopid video. New Renault5 is already iconic.
He’s not saying it isn’t a good car, just that the price is silly.
Not at £32k it’s not
@@ISuperTed that's not a lot of moneyi n today's crazy world😳
@@ISuperTed That's your opinion. I know it is. If you think we will get back to pre pandemic prices, you are wrong. Inflation is here to stay. Check out VW prices, or any car maker for that matter. Prices have gone up about everything including. Keep living in la la land if you think you gonna get a great for 15k.
Ony to those shallow enough to be attracted by a name.
the price of batteries is halving, so why are EV's still a high price
The batteries were bought some time ago when they were dearer
@@davetakesiton That will change rapidly.
@@rogerphelps9939not “rapidly.” Tesla and the China companies locked-in output deals long ago. CATL’s agreement to give priority to Tesla continues through 2025. Meanwhile, Tesla is buying up battery oversupply made possible by LEGAs “pulling back…”
It's because the legacy car makers are trying to screw every last bit of profit from their EV sales , Plus I don't believe most ever set themselves up for volume manufacture of their EV's , consequently they are more interested in selling smaller quantities at high prices. The problem is that we have been hit by a recession and cost of living crisis so less and less people are interested in paying over the odds. EVs need to be competitively priced to sell in volume , that's even more apparent now.
Unless you know car manufacturers' internal costs you have no idea whether they are kite flying, pricing appropriately with a normal margin or subsidising them. Mandating EV adoption before the manufacturer and consumer can make the numbers work is a mistake you will only make once. Could destroy a large part of what is left of the manufacturing base in the West.
Not my problem. Manufacturers have the problem of producing a product at a price that will a) sell and b) make them a profit. If they can't do both, and especially if they can't do either, they should not be making that product. Just because they got good at making ICE cars, does not give them the right or ability to make EVs. Maybe they shouldn't make EVs at all. They cannot run a business that requires us to spend twice what we think a product is worth just so they can make a profit. The mandate is valid because some companies are selling EVs and making a profit. We should never make laws or set targets based on whether or not a company or industry sector can make a profit out of it.
It will still better than the new Mini cooper ev !!
Look the EU says you have to make EVs the companies do but don't make a profit on them at reasonable prices so they sell them at what they can. If they don't they don't care. . They don't want to because they make more money on Petrol cars.
I really was interested in the Renault 5 but at this price I'll take my money elsewhere.
Yawn
This is what's happening - as stated on 21 May 2024.
"Since its presentation in February, all the data on the Renault 5 E-Tech Electric has been known - except for the price, which the French carmaker has now revealed. The compact electric model is based on design elements of the historic R5 and will shake up the small electric car segment from autumn 2024. Initially, two of five trim levels will go on sale - starting from €32,900 or €279 per month. Both versions - the Techno and the Iconic Five - have the larger 52-kWh battery. The basic version with the smaller 40-kWh battery will follow next year. According to Renault, it will sell from 24.900 euros, making it the ‘25,000-euro electric car’ the French company had promised in advance. The other two equipment levels will also follow in 2025, completing the quintet of Five, Evolution, Techno, Iconic Five and Roland-Garros (the latter is a special model)."
They could reduce the price by some margin by removing all the silly EU mandated speed limit exceeded warning hardware, the lane keeping intervention hardware etc that are the first things to be disabled when the driver gets into the latest cars
But then they’d be illegal to sell!
@@ISuperTed maybe the EU people need a kick up the backside for adding these useless expensive functions on the car makers that owners immediately switch off
@@timoliver8940 I'd assume most people don't switch them off.
The answer is to make it impossible tto disable these essential safety features then. Has it not crossed your mind that these things are there for very good reasons? I always engage speed limit following That way I stay within the law and have no fear of getting a tticket.
1.5 turbo/mild hybrid engine with a limited slip differential and you have a great recipe!
If you care about the future of the Earth and the sort of life your grandchildren are going to live you will steer well clear of sttupidly named mild hybrids. They have absolutely no environmental benefit.
Tesla has already failed to deliver. Here in the UK there are plenty of far better offerings with better build standard, better reliability and better customer service. That is the verdict of the UK not for profit, independent, no axe to grind, Consumers Associattion.
you must have a strange way of measuring failure. Tesla Model Y is the best selling EV in the whole world, ever. It is also recently the best selling car of any fuel in the world, ever. If that is failure, I think I need to retire. No other EV even comes close including the Wuling mini at about £3k. I would ask you to name one of the far better EVs you mention but the sales figures suggest there are none that the public want.
List price on mass market cars very rarely matter, huge discounts will be available within months 🤑
Considering the price of the dreadful looking Corsa... Why wouldn't Renault release the R5 EV at a Corsa price. I understand the argument about PRICE... But it just stand up. People pay too much for a Mini E and a Fiat 500 E.
Thatt might be your opinion butt many will disagree with you and Corsa sales tell a different story.
@@rogerphelps9939 That is the point... to voice opinions....
Cheers Dave I listen to you mate
Given the avg UK 2nd hand car price is 13-17k I agree with Dave that it'll be dead on arrival.
Take about playing into China's hands 😢
not sure its right to describe early adopters of a technology as 'more money than sense' Dave. Plenty of good reasons for being an early adopter.
Balance that with reasons not to be
I bought a Mokka ultimate at £26 k, it went up, wouldn’t touch it now….
Dave is an “early adopter” buying a Model S. E-5 is a new car, but already old technology.
Great video
It’s the 3D TV fad, …..it will end up £20k…Fiat 500e …. £18k….its a rinse operation
The car maker need to wake up to the mustard, the average people have 12K to 16K for a car and even worth with the last two year food price rise . Good luck in the car maker future bankruptcy. Simple
Elon Musk- never give up
ditschiu
Good luck working with Chinese companies. With the protectionist measures the UE is adopting the European car industry is going down the drain. Just check what's happening with Volkswagen factories in Germany. Meanwhile, bye bye Russian market, buy buy Indian market, the works.
Shame China hasn't made a 20k family car with a 250 mile range. BYD and MG will be happy that Renault pulled out. BYD & MG are over priced in Europe and the UK. Looking good for Teslas model 2.
The TTesla Model 2 does not even exist. Dead in the watter, missed the boat.
I believe it's Greed Dave they just want to keep milking people
They're lying about bringing it to Australia too. Promises promises, but we never get cars like this from Europe coming here. That said, at that price, why bother. We were told we'd be getting it and much cheaper than that. Screw you Renault.
No Nissan Ariya
25k euros now
Morning mate
It’s already got a 50,000 waiting list official. It will still sell like hot cakes. A standard MINI Copper petrol new is £26-32k dependent on option. Have you been living under a stone all Cars are expensive these days regardless of powertrain end of. The official U.K. price is not out yet.
Ford had a 3 year waiting list for F150 Lightning. A waiting list is just an indication of interest
What a poor analysis and understanding… and your ‘predictions’ are based on things already announced… plus the exchange rate is 1,2… so how does your maths work ?
Nonsense analysis. Renault is state-owned and can virtually sell to themselves (or similar companies such as EDF). Site selection was driven by compliance & politics, sort of strange "France first" attitude (ignoring that France now is a net car importer for years). Impossible to cut costs by half under these circumstances, much more likely that this can only happen when Renault is being absorbed in a larger group with access to Chinese technology (LFP) and cost structures (as Stellantis with Leapmotor).
ahah silly title
The problem with EV's is that they aren't all Teslas.
Thank goodness for that. Too much knee jerk uncritical adulattion of all things Tesla on this hread.
It's even worse. There are 2 versions, 35 and 37k euro.
Are you unaware of the 26k Euro version in 2025 or deliberately ignoring it? They are launchin with the more expensive options first but even there your numbers are wrong, at least for Austria. The „Techno“ version is 32k Euro, 35 k is the most expensive version in its base configuration. With ev subsidies that’s 27k and 30k, respectively. The cheapest version next year will be 21k minus subsidies.