Thursday 24 January 2019

Hundreds of deals: just pick the right one; everyone's planning EVs and 'self-drivers'

Shortcuts with Eddie...

Kia Niro EV Concept
Kia Niro EV Concept
Eddie Cunningham

Eddie Cunningham

The place is coming down with deals for new cars - as you'd expect at this big-selling time of the year.

Scrappage deals, finance deals, super-duper trade-in allowances... the list goes on and on.

It is true to say there have seldom been more offers in the marketplace at the same time for a long, long time - if ever.

On the face of it, the buyer wins every time - but just take a moment or two to check out the conditions attached to some of the offers.

I'm not being negative or casting doubts, but it always pays to have as good a grasp as possible on what your bottom line will be.

So compare, contrast and ask questions.

As we constantly emphasise here, the only figure that matters is the Cost to Change. Keep that in mind at all times.

For example, does the deal involve calculating on the basis of the full, recommended retail price of the car, as opposed to the discounted one you might easily get if you were not availing of the package?

That might put a different complexion on matters.

Having said that, and to be fair, there is no doubt most of the deals are competitive and seem hugely attractive - just make sure you pick the right one for you and your pocket.

* Kia's Niro EV concept (above) is a future tech showcase of its forthcoming production car.

The company is also aiming to have autonomous cars in cities by 2021. Everyone's going EV and autonomous.

* Automotive parts firm Valeo is showing how to make an electric city car for €8,000 or so.

The French supplier has developed a two-seater with an 48v electric power source just to show the sort of potential there could be for small city cars.

At that price you have to ask: What's all the fuss about EVs?

* Toyota's e-Palette concept is designed to show how an autonomous vehicle platform would operate.

It has a 'mobility ecosystem' that can work with systems of other brands.

Now that's what you call Cooperation into the Future.

* Mercedes looks like it has beaten Audi and BMW to the right to call itself the world's best-selling premium car maker after strong sales throughout 2017 in key markets.

* We're being told to expect a steady flow of Chinese car makers on to European forecourts over the coming years.

Reports say the country's manufacturers are 'serious' about expanding into the European market and cite the likes of Geely, Borgward and Lynk & Co as being among those lining up to attract buyers into their motors.

* Hyundai's next Fuel Cell electric vehicle will be called NEXO. Its range will be an estimated 30pc more than its predecessor and will be built on a dedicated platform.

Indo Motoring

Also in Business