The excitement and passion is gone

[gb-gta]

This does rather ignore the hidden cost of processing cash. So while you still have £50 you have less time and you've spent more on fuel to get to the bank etc etc

C

Suppose it’s harder now all the local branches are being shut and you can’t just drop the money in the deposit box outside at the end of the day. Guess it’s all part of reducing the banks costs and THEM having to deal with cash, thus saving them even more!

 

[MarkMas]

This does rather ignore the hidden cost of processing cash. ....

Exactly.

"I have a £50 banknote in my pocket. I go to a restaurant and pay for dinner with it. The restaurant owner gives me £7 change with the float he keeps in his till, in order to be able to provide change, meaning that he has £300 of working capital sitting about uselessly. At the end of the night, he puts the takings in the safe which cost £600 to buy and £100 per year to insure. The next day he gives £34.50 in cash in a 10p envelope to the laundry delivery guy, and hopes it gets to their bookkeeper, who enters in into their ledger..."

 

[Oneball]

Based on the title I thought this would be a sex toy thread.

 

[gb-gta]

Based on the title I thought this would be a sex toy thread.

Well it is about electric stuff you buy online.

 

[Nibby]

When my mum and dad were still around they didn't like the way the world was changing, now I find myself moaning how the world is changing, I guess as we get older we don't like a lot of the changes. I'm now turning into my parents. I'm probably stuck in 1979.

 

[MAF260]

Exactly.

"I have a £50 banknote in my pocket. I go to a restaurant and pay for dinner with it. The restaurant owner gives me £7 change with the float he keeps in his till, in order to be able to provide change, meaning that he has £300 of working capital sitting about uselessly. At the end of the night, he puts the takings in the safe which cost £600 to buy and £100 per year to insure. The next day he gives £34.50 in cash in a 10p envelope to the laundry delivery guy, and hopes it gets to their bookkeeper, who enters in into their ledger..."

[/QUOTE]

I’d like to know where you’re buying dinner for £43, which I’m assuming includes drinks and service!

 

[DLax69]

I’d like to know where you’re buying dinner for £43, which I’m assuming includes drinks and service!
[/QUOTE]
"Sir, this is a Wendy's"

 

[Felonious Crud]

It’s the decline of individuality

Worse. Death of.

 

[spkennyuk]

Most banks now charge businesses to pay cash in.

They have done for years. Then they charge you again if you need change for your tills.

 

[Felonious Crud]

I’ll try really, really hard to think of something that has changed since the 70s which I don’t like and have the energy to complain about, but no promises

Promiscuity?

PS - just to be clear, that's not an offer.

 

[Felonious Crud]

Much along the lines of 'you have to sell me that thing at the price it has in the window' Well, no I don't actually.

Oh. Hence:

'how much is that doggy in the window?'

'**** off'

?

 

[mjheathcote]

He got it on a 3 year lease at £1000 per month and did reflect on the fact that after 3 years and having spent £36000 he hands it back and has nothing. He has an old Alfa spyder in the garage and is sadly selling this but all is not lost as he is keeping his supercharged Jaguar XE for now.
/QUOTE]

A grand a month for a washing machine, probably a white washing machine.

 

[midlifecrisis]

A grand a month for a washing machine, probably a white washing machine.

And you still have dirty clothes...

I looked into an EV as my next lease through Tusker, as mentioned above. £500 a month minimum for a shopping trolley. I can get an half decent petrol car for that.

So the next thought is an E30 for my daily.... classic insurance, zero tax (eventually!) and relive my yoof... probably work out less and I'm renewing existing car stock.

 

[mjheathcote]

My employer is launching an EV scheme very shortly.
Salary sacrifice thingie.
Apparently you can have a Porsche Taycan for £750 a month.
That's still £750 a month I'll never get back.
There will be other cheaper options though.
In a couple of months my M140i will be fully paid off, 100% by employee car allowance, so I get a car for 'free', still worth 70% of its purchase price after 5 years!

 

[drellis]

K

And you still have dirty clothes...

I looked into an EV as my next lease through Tusker, as mentioned above. £500 a month minimum for a shopping trolley. I can get an half decent petrol car for that.

So the next thought is an E30 for my daily.... classic insurance, zero tax (eventually!) and relive my yoof... probably work out less and I'm renewing existing car stock.

Tail out action on damp roundabout at 15mph

 

[safrane]

Drift squared: EV road fund licensing is coming. Anyone heard how this will be levied?

Doubt it will put anyone off;

From 1 April 2025, all electric car owners will be required to pay the standard rate of road tax VED, which is currently £165 per year. EV drivers who own a car with a list price of £40,000 or more will also pay the £355 premium car tax rate, which will take their yearly VED rate to £520.

The new electric car road tax rate will apply to cars first registered on 1 April 2017, which means it'll be backdated to include millions of used EVs in the UK.

That said, the new electric car road tax rules won't affect EV drivers for some time, which means you won't have to pay a penny until the new VED rules are enforced on 1 April 2025.

 

[mjheathcote]

Doubt it will put anyone off;

From 1 April 2025, all electric car owners will be required to pay the standard rate of road tax VED, which is currently £165 per year. EV drivers who own a car with a list price of £40,000 or more will also pay the £355 premium car tax rate, which will take their yearly VED rate to £520.

The new electric car road tax rate will apply to cars first registered on 1 April 2017, which means it'll be backdated to include millions of used EVs in the UK.

That said, the new electric car road tax rules won't affect EV drivers for some time, which means you won't have to pay a penny until the new VED rules are enforced on 1 April 2025.

So I assume new EVs will have to pay the £520 if over 40k, but existing from 2017 will be £165. I would think.

 

[safrane]

Only for the first 5 years, then it drops to the standard rate.

 

[MarkMas]

I’d like to know where you’re buying dinner for £43, which I’m assuming includes drinks and service!

Well, it was @gb-gta who read about someone on the internet who had heard a story about someone paying £50 for dinner, so I just made up my story on a similar basis.

But I'd like to know more about your high life, and the scale of your dinners! If you have no friends, dine alone, and chose the set menu, however, you can dine pretty well for £43. The Côte Prix Fixe, for example, is a very affordable £14.99 for two courses, leaving some headroom for a drink and a tip.

 

[Motorsport3]

He got it on a 3 year lease at £1000 per month and did reflect on the fact that after 3 years and having spent £36000 he hands it back and has nothing. He has an old Alfa spyder in the garage and is sadly selling this but all is not lost as he is keeping his supercharged Jaguar XE for now.

Surely there must be some tax benefit to it?
I haven't looked into ev purchase seriously but a friend who did told me there are meaningful tax savings if you buy through work.