Notable Tesla Car Fire Statistics As of November 2022, there have been 57 Tesla cars have caught fire. Tesla vehicles have had a fire rate of one for every 175 million miles traveled compared to the U.S. average a vehicle fire for every 19 million miles traveled.12 Jan 2024
@@smalfishfungbro you're a bot 💀 go malfunction pinkie
4 місяці тому+6
You truly have to have a death wish if you buy an EV. You might spontaneously self-combust... and if your car is in the garage of your house... Bye Bye house too.
@@smalfishfung I think it was implied they were talking about Chinese brands but way to skirt around the issue. How about mentioning the $20K to replace a Tesla battery or the fact it is very difficult to extinguish a Tesla fire due to the chemicals in the batteries, such as the case where it took 12,000 Gallons Of Water To Extinguish Burning Tesla Model S. Lithium-ion batteries can go into something called thermal runaway, leading to a fire that takes an enormous amount of effort to put out. That’s considerably more than a normal car fire, which can take as little as 500 gallons (1,893 liters) to put out, according to the fire department.
Remember this is China. They scam you and each other at every single level of society. Who knows what problems these cars have. Half the country floods year round.
The collapse of Washington Mutual (WaMu) The collapse of Washington Mutual (WaMu) in 2008 stands out as the largest bank failure in U.S. history, according to the FDIC. When regulators seized it, WaMu had more than $300 billion in assets and $188 billion in deposits, making it the sixth-largest U.S. bank.
And you have owned a BMW very few now will go to 100000 miles. Kias are already outlasting a BMW. Even Elon Musk has said his best performing Tesla is one from china.
Electric cars have a much lower resale value. The market may be ignorant of this, but it's a fact that a battery degrades over time far more quickly than a gas engine.
Have to keep in mind how China's high import tax as well as limits on number plate issuance distorts the new-car market. This distortion cascades to the second-hand market.
6:00 That lithium drops in prices was expected since mining experts was saying "Lithium is everywhere we used to pay to get ride of it" I'm sure there are plenty of people that didn't read up on it that invested in Lithium mines. Well tough luck
"All western companies should pull out of this insanity.". Pull out of the biggest car market in the world?! But...why?! No matter what you think about the CCP, a large market equals money.
Prices in Russia are outrageous both on new and used. Putin tries to suck everything out of population to support his war, so import taxes are going higher and higher.
@@me24680 a huge number of their own netizens are calling it that on Weibo. This isn't me saying this, it's the Chinese citizens that are seeing it first hand and calling it that. Please do try and keep up....
nah, sorry but that seems unreasonable. If that WOULD be true, I can guarantee that those vehicles would be reexported to their origin county. 6k USD for an almost new vehicle would even justify the transportation and paperwork cost.
Especially that other 1 for 30 000 yuan. That be like $2500 US roughly, be so much cheaper to import. Still wouldn't trust it coming from there tho. Lol.
Their* Hard to take advice from a guy who can’t tell the difference between there, theyre and their lmao. It takes any argument and immediately chucks it out THEIR window.
I would be even more careful buying a car in USA or putting money in their banks. USA is a leader in running their businesses into the ground. USA has over $35 TRILLION in debt - this is why countries all over the world are dropping the fiat USDs.
Another biased + distorted view of China. You must think the Chinese are idiots, but I can assure you that you are now dealing with a far more intelligent people you can't even fathom. Ur hegemony will be soon be over and when china emerge as no. 1, people like you will learn to be humble
Over and over, the electrics are pushed and the gas powered cars are not. Don't the consumers in China face the same long charge times, waits for chargers and other problems that American EV owners despise? The voice over seems to make it sound as if the consumers want the EVs over gas.
Actually, yes. You should've seen the reports during the winter of massive groups of EVs stuck on roads. Also, the cost of charging in China has been reportedly increasing of late. The problem is getting any news you can trust out of China. Assume any news has been "sanitized".
Where are all of these suckers supposed to charge their vehicles? People there live stacked on top of each other in towers, do they even have garages where they can charge them?
That's why this is all fake news. China has thousands of electric cars sitting in compounds rotting away collecting dust. The manufacturers there sell and register them to themselves and then park them. This is how they report x amount of cars sold and look good
"Where are all of these suckers supposed to charge their vehicles". In chargers, I suppose. Works in, say, Norway. Including Oslo and other cities. Why wouldn't it work elsewhere?!
@@shyviking who’s going to pay for them? Not the public because they could never afford it, and not the CCP as they don’t give a flying fuck! China is making cars people can’t afford and the rest of the world doesn’t want. Ergo, no chargers
This is all wonderful, but the issue of EV batteries catching fire needs to be addressed. Plus, why hasn't someone/some company invented a means of putting out a fire fueled by lithium carbonate/white oil? There's gotta be some chemical combination of elements that when applied to a battery fire it will be smothered out.
fires is from hybrids from what folks can tell from the models involved. you have gas tank and all it's systems for gas power train... you have electric battery and their system, battery also runs hot... if your software to manage heat is not good enough...
It already soloved, byd blade batteries are currently the safest in the world and with longest life span ( the downside they are heaver plus a little less density) ~ search blade battery nail test ++ If you really want to know about evs watch the electric viking Not random boomers channel
I don’t think luxury brands should decrease their prices for their brand new vehicle to compete with Chinese EVs because this takes away their competition: their luxury brand name.
Both used luxury cars and evs are all lease products not designed to last. Ofcourse they are worthless in second hand market, this is true in all markets not just Chinese markets. People who want reliability and long term ownership don’t buy luxury or evs brands they opt for simpler designs that are engineered and built to last and not as a 2 year lease disposable product.
If you smash up your car won’t it make it harder to sell? Have they tried reducing the price? It seems getting hold of a sledgehammer is not the answer…I’m not a car dealer though.
" it's undeniable that luxury cars like BMWs, Land Rovers, and Mercedes-once out of reach for many-are now losing their prestige as electric vehicles take over."". yes; EV (including hybrids) are already above 50% of the chinese car market. ICE will be dead in China in 4-6 years. The companies that don't get this will be irrelevant in the Chinese car market (which is the world's largest). Are you listening, Stellantis, GM and various germans?
it's callled new energy in china. and its different from ICE. and I would never get a hybrid... you have all the ICE systems and then you add another system (electric or hydrogen or what have you) on top of it? twice the chances of failure to occur. also gas tank + battery that runs hot. I would also never use hydrogen... it can go boom easier than other fuel sources.
Very true, but sadly I am sure this will be overlooked by the average Chinese person. They were making a huge amount of money before off the working class I’m sure. Now that they have to slash prices and it finally doesn’t work in there favor i am sure they are going to be salty about it. Boo hoo
Luxury brands are for suckers, same with buying new cars. Anyone who thinks either of those is a good idea is a fool. Same in the US though, when I see someone driving one, I just think they're an idiot, out of touch with reality, and probably in debt up to their eyeballs. It's not cool like it used to be. It's all about priorities.
Yet they STILL haven’t discovered ways to overcome the probs that plague EV; short range, over-flammable batteries, disabled in extreme climates, little support infrastructure, takes an eternity to recharge, software glitches, must be junked after crash/no replacement parts, high initial cost, et-al… 😑
Car are falling in price in china for a similar reasons in the USA. The punters don';t have the cash, can't get the finance, can't afford the payments if they can. They don't want an EV and they don't wish to invest in any car at this moment as governments keep moving the goal posts. My garage mechanic is overrun with work because the public are choosing to repair their existing car rather then buying a new or used one. The lack of new car sales is having a knock of affect through out the entire market. Good used BMWs, JAGs and MERCs have long since been much cheaper to buy and run in Europe then they are in the USA and China. EVs are a DISPOSABLE product and their price will eventually need to reflect this as their current rates of depreciation are eye watering. EV prices need to fall by 70% just to take the depreciation out of the calculation. EVs will be useable for a maximum of 15 years and will then cost the owner serious money to have one safely disposed of. This will inevitably lead to the greatest environmental disaster since the great Deluge. This also assuming that at some time over this 15 years the car does no spontaneous combust frying the driver and his family to death in the most agonisingly painful manner imaginable, taking possible their home and most of their street with them. I could go on and on. To cut a very long story short. EVs as they are currently being brought to the market place represent a social, economic and environmental catastrophe of biblical proportions. EVs could be a useful addition to the options presented to the consumer, when or if the technology is developed and safe enough to use. None of these apply as EVs are a political project not an economic or environmental one.
The theme song of EVs made with Chinese batteries should be Arthur Brown’s *Fire!* If you are curious, it’s on YT. The stanza that hits home the hardest is: “You’ve fought hard and you’ve saved and earned, but all of it’s going to burn!” (“She” should take note.).
-Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing. -Exports and imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019. -Consumer prices are experiencing deflation. -Youth unemployment hits over 21%, a record. -It's fast shrinking workforce is 10 years old than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol
Come on, we all know 40,000 is just a sales tactic to allure buyers into going into the lot, get notified that it's 40,000 plus some hidden fees to put it in a more believable price range, then some people who go there get salestalked into buying a different car that's close to 40,000.
These BBA vehicles are Luxury meaning high end and functional with good reliability proven over decades in complete contrast to Chinese made EVs. BBA should just pull out of China and let the population fight over crappy cars that catch fire daily until China can mature enough to drive high end cars.
Who the hell wants an electric vehicle over a combustion engine? Does China bypass all the issue we see in the US with long lines at charging stations, long charging times, expensive repairs, reduced mileage during winter, more damage to roads due to weight, fires, etc? Isn't this the same channel that shows just how bad Chinese electric cars are like the new Xiaomi SU7 that everyone was looking forward to but was so bad people were regretting the purchase. All the fires, mishaps with self driving, bad braking or poor durability that ended up with shredded front ends, etc, etc.
I just don't understand the thinking of the Chinese people if your going to spend money on a car which is a lot even with the low prices but the odds are the company will be bankrupted and not able to cover the warranty in less than a year
Rolls , Aston , Bentley high performance makes including S series especially Porsche are all out in the next 3 years.infact I can’t imagine stretching to 5 years. Maybach, Rolls Bentley have all lost there exclusivity.
the more the competition, the more models you will get, the earlier and faster obsolescence, the faster the price for the latest model will drop and the less people will want second hand. Cars are becoming the new laptops; new tech gadgets, lower costs and dropping value almost immediately. All of this means that there is no way that you will be able to keep a car for 10 years as parts and maintenance will be not viable for manufacturers (too many models, too many gadgets, no harmonisation).
Those cars were probably flooded or something. There is no way they are discounting ninety five percent. If you open the trunk probably a fish would flop out.
German money pits with rapid depreciation... that's not unique to China. And the used car market if up against a large swath of people who can't afford to eat non toxic foods. It's the price of new to watch, and you can see they're very stingy. China is a dead end.
Deflation is a sign that their economy is going to be in BIG trouble and probably faster than anyone thinks, their biggest economic source was Real Estate and that has crashed already
Well we can see what happen in us market and economy clear as well as any other countries in the world. But you can never know what is going on in China bcoz whatever happens in China stay in China(except covid) government don't allow such news to spread out in the world.
Dude that x6 is like 2008! How much do you expect to pay for it? If 3:36 You buy that car maintenance will be x3 the buy price. A person that has only 5k usd to buy a car will not buy a car that costs x3 to maintain come the f on…
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Electric vehicles made in China is fire 🔥🔥🔥! Like, literally on fire.
Notable Tesla Car Fire Statistics
As of November 2022, there have been 57 Tesla cars have caught fire. Tesla vehicles have had a fire rate of one for every 175 million miles traveled compared to the U.S. average a vehicle fire for every 19 million miles traveled.12 Jan 2024
@@smalfishfungbro you're a bot 💀 go malfunction pinkie
You truly have to have a death wish if you buy an EV. You might spontaneously self-combust... and if your car is in the garage of your house... Bye Bye house too.
@@smalfishfung I think it was implied they were talking about Chinese brands but way to skirt around the issue. How about mentioning the $20K to replace a Tesla battery or the fact it is very difficult to extinguish a Tesla fire due to the chemicals in the batteries, such as the case where it took 12,000 Gallons Of Water To Extinguish Burning Tesla Model S. Lithium-ion batteries can go into something called thermal runaway, leading to a fire that takes an enormous amount of effort to put out. That’s considerably more than a normal car fire, which can take as little as 500 gallons (1,893 liters) to put out, according to the fire department.
The all new 2025 Dracarys. The new knock off car of some major brand. It's like driving dragon fire. 🔥
40000 yuan is only like $5500 US! thats so insanely cheap! their economy is absolutely crashing.
Thats how much they are worth globally. Its only in the US where the prices are inflated.
@@xeong5come to australia
That's what I had to pay for a 2011 Cruze 😢
@@mishmash9397😂. Yeah, about 200k in Australia would be about right.
Remember this is China. They scam you and each other at every single level of society. Who knows what problems these cars have. Half the country floods year round.
Used luxury cars are money pits, used EVs are just trash
New EV are trash too
Nobody want a used EV. In Europe.
@@petergerritgroen3157 media makes it sound like you want them, liberal media lies so much
@@petergerritgroen3157 Nobody wants a brand new one either.
Get an old Mercedes Diesel from the late 70’s-early 90’s (W123/W124/W126 300D Turbo)
That first guy totally sounds like those over the top american car dealers with the "CRAZY CRAZY PRICES!"
Or (for us old timers from the 80's) like Crazy Eddie, "Our prices are INSANE!!!!".
Building your economic foundation on sand, you shouldn't be surprised for it collapsing
The collapse of Washington Mutual (WaMu)
The collapse of Washington Mutual (WaMu) in 2008 stands out as the largest bank failure in U.S. history, according to the FDIC. When regulators seized it, WaMu had more than $300 billion in assets and $188 billion in deposits, making it the sixth-largest U.S. bank.
@smalfishfung poor wumao thinks its words matter
It couldn’t have happened to a more deserving toilet country
@@ItsJoKeZso true, he is trying to earn his 50 yuan from daddy xi😅
@@ItsJoKeZUS is a bankrupt country. Can not pay it's USD 35 trillion debts and growing.
In the early 1900's in the U.S. there were over 1000 car makers in the market. By 1940 there were around a dozen.
Not over a 1000?! You're exaggerating
Comparing BMW to their shitty cars when it came to the price hikes etc is Wild.
But it's chinese produced BMW
You don't know what you are talking about. BMW,Mercedes have factory in China.
It's still a BMW and not one of their ripoff knock offs that explode on the way to church
@@AnlinLee So BMW said “here is our name. Go make us money. Don’t worry about any official BMW training. We trust you.”???
And you have owned a BMW very few now will go to 100000 miles. Kias are already outlasting a BMW. Even Elon Musk has said his best performing Tesla is one from china.
Electric cars have a much lower resale value. The market may be ignorant of this, but it's a fact that a battery degrades over time far more quickly than a gas engine.
Just like in America... a used car salesman is as trustworthy as a politician. The only thing you can count on coming out of their mouth are lies.
Hell, with trump and his grifting, it’s one and the same
This car is guaranteed for 100 years, a million miles, or until it leaves the lot!
I agree 👍 💯 😆 🤣 😂 😹
At least you can get in the same room with the dealer. Touch him
@chrismayer3919 Kamala is going to fix it when she becomes president . Why is she waiting again ?
honestly here in the UK you can get that same X6 for even cheaper, its so cheap because the maintenance will cost more than the cost price in a year.
Why?
It's old model from around 2012
Have to keep in mind how China's high import tax as well as limits on number plate issuance distorts the new-car market. This distortion cascades to the second-hand market.
6:00 That lithium drops in prices was expected since mining experts was saying "Lithium is everywhere we used to pay to get ride of it" I'm sure there are plenty of people that didn't read up on it that invested in Lithium mines. Well tough luck
All western companies should pull out of this insanity.
They stay in it for the entertainment value. 🤡
this is what would be happening in the West too, if it wasn't for endless credit and fake economic activity
Man.. forgive me for stating the obvious but who is gonna pay western caranufacturers bills, employees and shareholders? You?
I'm sure they'd like to. They certainly aren't putting any more money in, but it's nearly impossible to get any money out.
"All western companies should pull out of this insanity.".
Pull out of the biggest car market in the world?!
But...why?!
No matter what you think about the CCP, a large market equals money.
Used car dealers are the same all over the world, it appears.
Don't want to give them any ideas, but they should be trading with Russia in these brand name cars.
Yeah, that would be hilarious. It would practically guarantee China gets kicked from SWIFT by the Europeans without any prompting from the US.
Prices in Russia are outrageous both on new and used. Putin tries to suck everything out of population to support his war, so import taxes are going higher and higher.
Ruzzia can’t afford it either because of their insane war.
Actually i start thinking about going to china and send some to Africa
@@Ukie88people tend to believe such when they dont get proper education
Anyone who believes a vehicle went from 1 million Yuan to 40k Yuan is a fool.
Actually, it did; but he was talking about cars made by Mattel…
The Cabbage Economy for Garbage Times, well done CCP!!!!
That’s Xinnie the Pooh for you…
@@chrismayer3919xinnie the 💩
second biggest economy in the world, how is that cabbage? do you have a mental issue?
@@me24680 a huge number of their own netizens are calling it that on Weibo. This isn't me saying this, it's the Chinese citizens that are seeing it first hand and calling it that. Please do try and keep up....
@@me24680 you can fvcking well bet members of the CCP eat like royalty. Jinping is all; “let ‘em eat rice cake”
nah, sorry but that seems unreasonable.
If that WOULD be true, I can guarantee that those vehicles would be reexported to their origin county.
6k USD for an almost new vehicle would even justify the transportation and paperwork cost.
Yup exactly, maybe, Canada just put 100% tariffs on cars from China and I’m pretty sure the US already did that, it goes for any brand made in China.
@@daveg-Vancouver_IslandI'm pretty sure it was $6K *OFF,* not $6K in total
Especially that other 1 for 30 000 yuan. That be like $2500 US roughly, be so much cheaper to import. Still wouldn't trust it coming from there tho. Lol.
Fake news
Everything must go...... discount prices. Probably flood damaged
I would be careful buying a car in China or putting money in there banks..CCP is good at running there business into the ground.😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Their*
Hard to take advice from a guy who can’t tell the difference between there, theyre and their lmao. It takes any argument and immediately chucks it out THEIR window.
@ern "...putting money in there [their] banks...running there [their] business..." "There" is to indicate location; e.g. there is their house.
I would be even more careful buying a car in USA or putting money in their banks. USA is a leader in running their businesses into the ground. USA has over $35 TRILLION in debt - this is why countries all over the world are dropping the fiat USDs.
Another biased + distorted view of China. You must think the Chinese are idiots, but I can assure you that you are now dealing with a far more intelligent people you can't even fathom. Ur hegemony will be soon be over and when china emerge as no. 1, people like you will learn to be humble
Over and over, the electrics are pushed and the gas powered cars are not. Don't the consumers in China face the same long charge times, waits for chargers and other problems that American EV owners despise? The voice over seems to make it sound as if the consumers want the EVs over gas.
They have better ev charging infrastructure
@@bobdole3251Hahhahah no they don’t! There’s huge lines for them!
Actually, yes. You should've seen the reports during the winter of massive groups of EVs stuck on roads. Also, the cost of charging in China has been reportedly increasing of late. The problem is getting any news you can trust out of China. Assume any news has been "sanitized".
No; the cars typically catch fire and burn to the ground before they can get recharged
They don't. Because unlike in the USA they really have the infrastructure in China.
Cheap because China will go all electric cars in next years and if you drive a fuel car you will have to pay high taxes on car.
That first dude was like I'm CRAAAAAAZY EDDIE and I'll club a seal to make a better deal
@@TalynWuff Cwazzy Chang from CityCars located in the new section of Sodosopa 🤣🤣
There is a shortage of cars in northern china. They all washed away.
@@5nowChain5 there's an abundance of cars down river tho. 😂
They have no money to buy cars especially after the repairs they're going to have to do with all the water damage to their houses.
make cars that can change to boat to float....
continue the great work idol
Actually, the most expensive components in the batteries are Cobalt and synthetic graphite (if they use any at all), not the Lithium
They should export them to indonisia.undercut the prices of stolen cars from the UK and Europe.
lol our stolen luxury cars from Canada go to the middle east they just busted like 500 of them at the port! I think it was Middle East anyways!
Di Indonesia tidak boleh jual murah sebab pemerintah Indonesia dahagakan duit dgn meletakkan cukai level dewa.
No fire or water issues... What the hell do Chinese cars do? Explode and flood?
Floods happen regularly in China.
Yes
Yes they do
Absolutely they do
YES.
yes
Where are all of these suckers supposed to charge their vehicles? People there live stacked on top of each other in towers, do they even have garages where they can charge them?
They simply replace the electric motor with a hamster running on a wheel! Prob solved 🤣😆
That's why this is all fake news. China has thousands of electric cars sitting in compounds rotting away collecting dust. The manufacturers there sell and register them to themselves and then park them. This is how they report x amount of cars sold and look good
"Where are all of these suckers supposed to charge their vehicles".
In chargers, I suppose.
Works in, say, Norway. Including Oslo and other cities.
Why wouldn't it work elsewhere?!
@@shyviking who’s going to pay for them? Not the public because they could never afford it, and not the CCP as they don’t give a flying fuck! China is making cars people can’t afford and the rest of the world doesn’t want. Ergo, no chargers
There are hundreds of parking spaces in underground garages in every residential community in China, all of which can be equipped with charging piles.
Crazy Chang! His prices are INSANE!
This is all wonderful, but the issue of EV batteries catching fire needs to be addressed. Plus, why hasn't someone/some company invented a means of putting out a fire fueled by lithium carbonate/white oil? There's gotta be some chemical combination of elements that when applied to a battery fire it will be smothered out.
fires is from hybrids from what folks can tell from the models involved. you have gas tank and all it's systems for gas power train... you have electric battery and their system, battery also runs hot... if your software to manage heat is not good enough...
It already soloved, byd blade batteries are currently the safest in the world and with longest life span ( the downside they are heaver plus a little less density)
~ search blade battery nail test
++ If you really want to know about evs watch the electric viking
Not random boomers channel
I'm from Algeria how can I buy a used car from China?
BMW means Beijing Motor Works because it is made in china.. if it is made in Germany its Bavaria Motor Works.. 😅
Yeah, no one buys Bavarian junk
Bringt mir Werkstatt
I don’t think luxury brands should decrease their prices for their brand new vehicle to compete with Chinese EVs because this takes away their competition: their luxury brand name.
Go back to selling rickshaws 🇨🇳
😂
😂😂😂😂
Those will probably catch fire too😅
At least those are more reliable
@@chrismayer3919 what do you mean
Both used luxury cars and evs are all lease products not designed to last. Ofcourse they are worthless in second hand market, this is true in all markets not just Chinese markets.
People who want reliability and long term ownership don’t buy luxury or evs brands they opt for simpler designs that are engineered and built to last and not as a 2 year lease disposable product.
If you smash up your car won’t it make it harder to sell? Have they tried reducing the price? It seems getting hold of a sledgehammer is not the answer…I’m not a car dealer though.
The x6 was an abomination even when it was brand new.
Thank you buddy
Car salesmen are the same the world over.
no kidding! the oily greed flowing from him was noticeable even this far removed.
" it's undeniable that luxury cars like BMWs, Land Rovers, and Mercedes-once out of reach for many-are now losing their prestige as electric vehicles take over."".
yes; EV (including hybrids) are already above 50% of the chinese car market.
ICE will be dead in China in 4-6 years. The companies that don't get this will be irrelevant in the Chinese car market (which is the world's largest).
Are you listening, Stellantis, GM and various germans?
Hybrid is better. And how can they categorize hybrid as ev?? If this is fuel cell car they will call it ev as well?
it's callled new energy in china. and its different from ICE. and I would never get a hybrid... you have all the ICE systems and then you add another system (electric or hydrogen or what have you) on top of it? twice the chances of failure to occur. also gas tank + battery that runs hot. I would also never use hydrogen... it can go boom easier than other fuel sources.
Ship to EU please. We need cheaper cars!
Fascinating. Foreboding of scary news to follow from many sectors...
Selling it for this cheap only tells the people how much you were absolutely rinsing them.
Very true, but sadly I am sure this will be overlooked by the average Chinese person. They were making a huge amount of money before off the working class I’m sure. Now that they have to slash prices and it finally doesn’t work in there favor i am sure they are going to be salty about it. Boo hoo
All these have been in floods!!!!
Sounds like the same type of speculation as their real estate market.
Luxury brands are for suckers, same with buying new cars. Anyone who thinks either of those is a good idea is a fool. Same in the US though, when I see someone driving one, I just think they're an idiot, out of touch with reality, and probably in debt up to their eyeballs. It's not cool like it used to be. It's all about priorities.
so tell someone that cares
“No fire or water issues” isn’t a brag lol
That’s like, less than the bare minimum expected from purchasing a new car..
Yet they STILL haven’t discovered ways to overcome the probs that plague EV; short range, over-flammable batteries, disabled in extreme climates, little support infrastructure, takes an eternity to recharge, software glitches, must be junked after crash/no replacement parts, high initial cost, et-al… 😑
Sounds great - - where can I get on a waiting list?? (NOT!)
@@bc-guy852 the world needs more EV… like a Cyclops needs Tabasco sauce in his eyedrops! 👁️
Yeah but one of my Chinese friends told me cars have to be scrapped or sold out of country if they are over 20 years old
Is always the citizens that suffer, Politicians never do.
Same in Malaysia. No big deal. Road tax is too high.
Road tax is part of the government Ponzi scheme
Time to export these foreign (non Chinese) brands to other countries, it can make great profits...
Car are falling in price in china for a similar reasons in the USA. The punters don';t have the cash, can't get the finance, can't afford the payments if they can. They don't want an EV and they don't wish to invest in any car at this moment as governments keep moving the goal posts. My garage mechanic is overrun with work because the public are choosing to repair their existing car rather then buying a new or used one. The lack of new car sales is having a knock of affect through out the entire market. Good used BMWs, JAGs and MERCs have long since been much cheaper to buy and run in Europe then they are in the USA and China.
EVs are a DISPOSABLE product and their price will eventually need to reflect this as their current rates of depreciation are eye watering. EV prices need to fall by 70% just to take the depreciation out of the calculation.
EVs will be useable for a maximum of 15 years and will then cost the owner serious money to have one safely disposed of. This will inevitably lead to the greatest environmental disaster since the great Deluge. This also assuming that at some time over this 15 years the car does no spontaneous combust frying the driver and his family to death in the most agonisingly painful manner imaginable, taking possible their home and most of their street with them.
I could go on and on. To cut a very long story short. EVs as they are currently being brought to the market place represent a social, economic and environmental catastrophe of biblical proportions. EVs could be a useful addition to the options presented to the consumer, when or if the technology is developed and safe enough to use. None of these apply as EVs are a political project not an economic or environmental one.
The BMWs that are shipped to China are the lowest specced versions to go to the country. They don't get any of the high tiered options.
In the early 90s I supplied hundreds of used Mercedes Cars to china - the only stipulation was rever and air
The theme song of EVs made with Chinese batteries should be Arthur Brown’s *Fire!*
If you are curious, it’s on YT. The stanza that hits home the hardest is: “You’ve fought hard and you’ve saved and earned, but all of it’s going to burn!” (“She” should take note.).
-Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
-Exports and imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
-Consumer prices are experiencing deflation.
-Youth unemployment hits over 21%, a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
China's gdp has exceeded one thousand trillion dollars, hasn't it？
Wonder if we will see gray market luxury used cars coming over from China?
Come on, we all know 40,000 is just a sales tactic to allure buyers into going into the lot, get notified that it's 40,000 plus some hidden fees to put it in a more believable price range, then some people who go there get salestalked into buying a different car that's close to 40,000.
pretty sure, people will pay money to smash luxury car...
They let go for bargain and not quality. Everything have its pros and cons. Most buyers just buy to flex.
These BBA vehicles are Luxury meaning high end and functional with good reliability proven over decades in complete contrast to Chinese made EVs. BBA should just pull out of China and let the population fight over crappy cars that catch fire daily until China can mature enough to drive high end cars.
I will never own another BM-Trouble-U. They can’t even last 100k miles with proper maintenance. The entire electrical system is a nightmare too.
New Honda dropped from CN¥140k to CN¥70k is US$9,800!
When all the big companies are moving out of China, hence massive unemployment, why invest more in EV cars, who will buy?
Who the hell wants an electric vehicle over a combustion engine? Does China bypass all the issue we see in the US with long lines at charging stations, long charging times, expensive repairs, reduced mileage during winter, more damage to roads due to weight, fires, etc?
Isn't this the same channel that shows just how bad Chinese electric cars are like the new Xiaomi SU7 that everyone was looking forward to but was so bad people were regretting the purchase. All the fires, mishaps with self driving, bad braking or poor durability that ended up with shredded front ends, etc, etc.
This is how it's working... The price of cars goes down over the years as it gets older
As what i predict. US & EU Luxury items will be out of China Market within the next 5 year. It will be 100% sure..
I just don't understand the thinking of the Chinese people if your going to spend money on a car which is a lot even with the low prices but the odds are the company will be bankrupted and not able to cover the warranty in less than a year
Rolls , Aston , Bentley high performance makes including S series especially Porsche are all out in the next 3 years.infact I can’t imagine stretching to 5 years.
Maybach, Rolls Bentley have all lost there exclusivity.
the more the competition, the more models you will get, the earlier and faster obsolescence, the faster the price for the latest model will drop and the less people will want second hand. Cars are becoming the new laptops; new tech gadgets, lower costs and dropping value almost immediately. All of this means that there is no way that you will be able to keep a car for 10 years as parts and maintenance will be not viable for manufacturers (too many models, too many gadgets, no harmonisation).
but that cars luxury have more than 11 years are already old..
In china 90% make debts for cars that they cannot afford now they must sell fast
Even here in my country used luxury cars are very cheap. Nobody wants them, it costs too much just to do basic maintenance.
Those cars were probably flooded or something. There is no way they are discounting ninety five percent. If you open the trunk probably a fish would flop out.
It is impossible for me to follow what the narrator is saying, while in the images I see some individuals who seem to be barking more than talking.
He’s a good pitchman.
That would make for an amazing car commercial
I’m mad as hell!!!
Can those cars be ship?
regarding prices sounds like paradise
it just shows how mcu money in developed countries we throw away by buying overpriced products
40,000 Yuan is like ₹5lakh (₹500,000) in India which is very cheap for Luxury Cars since BMW here in India starts at ₹50lakh (₹5 million)
40,000.00 Yuan is less than 6,000.00 dollars US. What???
German money pits with rapid depreciation... that's not unique to China. And the used car market if up against a large swath of people who can't afford to eat non toxic foods.
It's the price of new to watch, and you can see they're very stingy. China is a dead end.
Not just china, Indonesia too people is losing interest in ICE car😂
It's quicker to walk in your gridlocked hellhole cities.
Those are ancient cars at least 10+ years old. That's their real market price. Nothing new here.
Deflation is a sign that their economy is going to be in BIG trouble and probably faster than anyone thinks, their biggest economic source was Real Estate and that has crashed already
With the numerous floods I would not be surprised if all those vehicles are water damaged in some way😅
The problem in China is the fierce competition where everyone wants to be like the other
how do you import these cars
This is true in china engine cars are really cheap now .
Mercy This (Mercedes)..🤣
they can’t sell these overseas for more?
Well we can see what happen in us market and economy clear as well as any other countries in the world. But you can never know what is going on in China bcoz whatever happens in China stay in China(except covid) government don't allow such news to spread out in the world.
Dude that x6 is like 2008! How much do you expect to pay for it? If 3:36 You buy that car maintenance will be x3 the buy price. A person that has only 5k usd to buy a car will not buy a car that costs x3 to maintain come the f on…
20000 yuan for a LAND ROVER?? That's about $2500 US!
Well why would you spend more 5k to 10k on a car? You don't need luxury, all you need it for is to drive from one place to the other...
Not even worth stealing, or were they already?
same in india