The end of the road for Onto. What happened?
Very sad news this week. EV subscription service Onto, which regular viewers of this channel will know we've been customers of for a while, have entered administration.
Here's what happened, what I think caused the problems, and what's next for Onto subscribers?
If you want to hear more about what happened with Onto (and how it could affect the whole used EV market), my friend @NicolasRaimo has made a fascinating video. He's a car dealer so knows his stuff! • 8500 Used Electric Cars If They Fail ...
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Chapters:
00:00 - Onto is no more
03:31 - Used EV prices: great for you; bad for Onto
04:11 - Interest rates, Tesla, clickbait media
08:14 - What next?
11:14 - What will we do?