EV and advice from any users please!

[Ewan]

Wonder how many top end EV’s would be sold if the buying through buisness very uneven playing field against ICE cars was levelled up?
I guess some, but the drop off would be alarming I suspect.

Very few. As over 90% of high-end EV’s are bought as company vehicles.

 

[mjheathcote]

Wonder how many top end EV’s would be sold if the buying through buisness very uneven playing field against ICE cars was levelled up?
I guess some, but the drop off would be alarming I suspect.

Absolutely, I could make it work buying through work, but what is really stopping me is that currently with an ICE car at the end of the term (personal finance) I have equity in a car, on a lease I have nothing.
Also using for business okay charging at home overnight is economical, but public fast charging is no cheaper than liquid fuel, and I couldn't claim this back sufficiently to cover it.

 

[dickygrace]

Yesterday Octopus put my night-time electricity tariff (as used to charge the E-Tron) up to 16p per KWh. Still, mustn’t grumble - it still means it’s way cheaper per mile than any of my petrol or diesel options. While also being quieter, smoother, better at overtaking, etc. But hey ho, each to their own.

Factor depreciation in, how does it look then? Honest question.

 

[safrane]

Would also be interesting as the used market starts to return to normality... Will be hard to note as the build up of decent EV types has been over the last 3 years, which will skew the figures

 

[dickygrace]

Would also be interesting as the used market starts to return to normality... Will be hard to note as the build up of decent EV types has been over the last 3 years, which will skew the figures

EV’s have depreciated heavily in recent months.

 

[Wack61]

Very few. As over 90% of high-end EV’s are bought as company vehicles.

I doubt tesla would've sold a car in the UK without the huge government subsidy and free charging for the early adopters.

Now the big boys are on the EV bus I'm surprised anyone buys a tesla , even with the 2% bik bonus.

 

[Wack61]

EV’s have depreciated heavily in recent months.

I wonder what'll happen to values once all the motability EVs start to hit the used market

I'd think a high proportion of the lower end EVs will be motability cars because if you're only doing 3000 miles a year you'd be mad not to, that really is a free car, or as close as you're ever going to get

 

[rockits]

I've been quite happy with my £3k Cayenne. Not sure any EV could be as cost effective. A proper tank and feels it could do another 125k miles for another 17 years.

 

[safrane]

Just some very quick searching on autotrader shows for the same money as a new MB A - Class petrol (c£30k...which also shocked me!) You would be looking at a 3 year old Hyundai Kona or similar (with at range of 250)... possibly not the most interesting or appealing choice for a fashionable young go getter.

 

[Oneball]

Just some very quick searching on autotrader shows for the same money as a new MB A - Class petrol (c£30k...which also shocked me!) You would be looking at a 3 year old Hyundai Kona or similar (with at range of 250)... possibly not the most interesting or appealing choice for a fashionable young go getter.

We were looking at 208 to replace the 107. The ev is £11k more than the equivalent petrol.

 

[safrane]

We were looking at 208 to replace the 107. The ev is £11k more than the equivalent petrol.

And the percentage difference?

 

[Oneball]

And the percentage difference?

20k vs 30k. We were pretty shocked a 208 was 20k, then we saw the ev price

 

[Ewan]

Factor depreciation in, how does it look then? Honest question.

I’ve genuinely no idea - the company “bought“ it on a three year fixed deal, so it’ll just go back next December. But I don’t recall the monthly figure being particularly different to that for buying an equivalent value (circa £85k) ICE Audi, so their accountants must have predicted the depreciation of EV’s to be comparable.

 

[Wattie]

If you thought smoking at the pump was dangerous…….

 

[Wack61]

Saw the world's weirdest new EV yesterday

Citroen

 

[Ewan]

Latest figures show that for 2022, of all the new cars sold in the UK, 17% were EV.

The Tesla Y model was the third best selling new car in the UK last year.

 

[Goodfella]

The Tesla Y model was the third best selling new car in the UK last year.

That is staggering.

 

[Oneball]

Latest figures show that for 2022, of all the new cars sold in the UK, 17% were EV.

The Tesla Y model was the third best selling new car in the UK last year.

I can believ the first bit but the bit about the Y can’t be right, I don’t think I’ve actually seen one.

 

[drellis]

I can believ the first bit but the bit about the Y can’t be right, I don’t think I’ve actually seen one.

Alot of expensive ev bought for tax dodge, not to drive alot

 

[gb-gta]

Latest figures show that for 2022, of all the new cars sold in the UK, 17% were EV.

The Tesla Y model was the third best selling new car in the UK last year.

How many of that 17% were sold just because of taxpayer subsidies, through either limited company offsetting against profit, or private buyers using salary sacrifice schemes?
Both these ways save about 30-40% of the true lease cost compared to ICE.

Im going with between 12-15% of the 17% subsidised, so probably a maximum of 5%, probably less, being bought at ‘full’ lease cost by a private individual. I’m guessing but it would be interesting to see the figures.