Tesla and Uber Unlikely to Survive (Vol. 2)
Discussion
ZesPak said:
I don't get this? So the company would only allow you 1/10th of the same allowance if you get an EV?
No, HMRC set the rate's.Also, given EV's seem to cost more to insure, I just can't see it making sense.
Those banging on about the model 3, there' s not that many here, they've held on amazingly well. however in 3 years time, it won't be the same.
jason61c said:
No, HMRC set the rate's.
Also, given EV's seem to cost more to insure, I just can't see it making sense.
Those banging on about the model 3, there' s not that many here, they've held on amazingly well. however in 3 years time, it won't be the same.
For alot of people, especially company owners an EV is a no brainer.Also, given EV's seem to cost more to insure, I just can't see it making sense.
Those banging on about the model 3, there' s not that many here, they've held on amazingly well. however in 3 years time, it won't be the same.
IMO the time to strike when the iron was hot was a year ago as they still gave the grants and you had to pay tax on it only for a few months.
that is one big depreciation hit!jason61c said:
Also, given EV's seem to cost more to insure, I just can't see it making sense.
Apparently not any more.https://www.thisismoney.co.uk/money/cars/article-9...
jason61c said:
ZesPak said:
I don't get this? So the company would only allow you 1/10th of the same allowance if you get an EV?
No, HMRC set the rate's.Also, given EV's seem to cost more to insure, I just can't see it making sense.
Those banging on about the model 3, there' s not that many here, they've held on amazingly well. however in 3 years time, it won't be the same.
Using a personal EV for company mileage, the rate is still 45p/25p per mile.
PHuzzy said:
Only if it's a company car, then the advisory fuel rate is 4 pence per mile.
Using a personal EV for company mileage, the rate is still 45p/25p per mile.
if you're out and about, its circa £0.30PP KW/h. so its not 'cheap', add to that the extra cost of an EV, it doesn't add up.Using a personal EV for company mileage, the rate is still 45p/25p per mile.
jason61c said:
if you're out and about, its circa £0.30PP KW/h. so its not 'cheap', add to that the extra cost of an EV, it doesn't add up.
If you have to rely on public charging because you don't have off street parking, it doesn't make that much financial sense indeed.That said, KW/h =/= miles. The Model S does 3 mi/kwh easily.
My SIL gets paid 0,30 EUR/Kwh, while electricity is about 16c for her to charge. So at home, she earns money by charging her car.
She also gets a card to charge, which makes charging out and about "free".
The fact that your company doesn't pay for electricity is a bit odd though. Baby steps I guess.
JPJPJP said:
Future dictionaries will have a picture of Musk for the definition of "over compensating". 
Burwood said:
Today VW say it will be the biggest EV seller in 2021 and it's accelerating its EV plans based on the ID.4 sales figures in China.
Thats likely to happen. VW does usually get around to doing things, eventually, it just takes time!What concerns me though is that many Tesla fans insist that they will be the biggest EV manufacturer. They really dont necessarily need to be! Said it before and will keep saying it - Tesla make the most efficient, fastest (across the range), highest EV range, best charging network and safest EV's on the market. This is all great and comes at a premium - which means they can (and should) charge a premium for this. Profitability per car is the important part and then they could license out their expertise as needed. You dont need to be the biggest to make the most money.
Volume doesnt necessarily mean biggest, best or most profitable - take Apple. Latest stats show that iOS is at around 30% of the worldwide market yet they make a stuffing fortune on those phones!
off_again said:
Thats likely to happen. VW does usually get around to doing things, eventually, it just takes time!
What concerns me though is that many Tesla fans insist that they will be the biggest EV manufacturer. They really dont necessarily need to be! Said it before and will keep saying it - Tesla make the most efficient, fastest (across the range), highest EV range, best charging network and safest EV's on the market. This is all great and comes at a premium - which means they can (and should) charge a premium for this. Profitability per car is the important part and then they could license out their expertise as needed. You dont need to be the biggest to make the most money.
Volume doesnt necessarily mean biggest, best or most profitable - take Apple. Latest stats show that iOS is at around 30% of the worldwide market yet they make a stuffing fortune on those phones!
I think is and will be the most influential.What concerns me though is that many Tesla fans insist that they will be the biggest EV manufacturer. They really dont necessarily need to be! Said it before and will keep saying it - Tesla make the most efficient, fastest (across the range), highest EV range, best charging network and safest EV's on the market. This is all great and comes at a premium - which means they can (and should) charge a premium for this. Profitability per car is the important part and then they could license out their expertise as needed. You dont need to be the biggest to make the most money.
Volume doesnt necessarily mean biggest, best or most profitable - take Apple. Latest stats show that iOS is at around 30% of the worldwide market yet they make a stuffing fortune on those phones!
off_again said:
Thats likely to happen. VW does usually get around to doing things, eventually, it just takes time!
What concerns me though is that many Tesla fans insist that they will be the biggest EV manufacturer. They really dont necessarily need to be! Said it before and will keep saying it - Tesla make the most efficient, fastest (across the range), highest EV range, best charging network and safest EV's on the market. This is all great and comes at a premium - which means they can (and should) charge a premium for this. Profitability per car is the important part and then they could license out their expertise as needed. You dont need to be the biggest to make the most money.
Volume doesnt necessarily mean biggest, best or most profitable - take Apple. Latest stats show that iOS is at around 30% of the worldwide market yet they make a stuffing fortune on those phones!
apple make a 'quality/premium' product. Tesla Don't.What concerns me though is that many Tesla fans insist that they will be the biggest EV manufacturer. They really dont necessarily need to be! Said it before and will keep saying it - Tesla make the most efficient, fastest (across the range), highest EV range, best charging network and safest EV's on the market. This is all great and comes at a premium - which means they can (and should) charge a premium for this. Profitability per car is the important part and then they could license out their expertise as needed. You dont need to be the biggest to make the most money.
Volume doesnt necessarily mean biggest, best or most profitable - take Apple. Latest stats show that iOS is at around 30% of the worldwide market yet they make a stuffing fortune on those phones!
jason61c said:
apple make a 'quality/premium' product. Tesla Don't.
Depends on what you call 'premium'. Listened to an interesting podcast discussing this and it was interesting. What is luxury / premium? Is it space, convenience and silence? Is it automation an open view / ease of use? Tesla does a good job in many areas and while it might lack in build quality and materials, it is a different approach. Wont say its right or wrong, but different.But in the world of EV's, its fair to say that Tesla is on the upper end. I would argue that an S-class is a more premium vs a Model S, but I would claim that the MS isnt premium.
off_again said:
Depends on what you call 'premium'. Listened to an interesting podcast discussing this and it was interesting. What is luxury / premium? Is it space, convenience and silence? Is it automation an open view / ease of use? Tesla does a good job in many areas and while it might lack in build quality and materials, it is a different approach. Wont say its right or wrong, but different.
But in the world of EV's, its fair to say that Tesla is on the upper end. I would argue that an S-class is a more premium vs a Model S, but I would claim that the MS isnt premium.
Yeah it’s the old tech vs luxury thing.But in the world of EV's, its fair to say that Tesla is on the upper end. I would argue that an S-class is a more premium vs a Model S, but I would claim that the MS isnt premium.
Look what happened to vertu
jamoor said:
Yeah it’s the old tech vs luxury thing.
Look what happened to vertu
Don't think luxury, think quality. Seals that seal, material touch and feel, electricals that don't break, NVH...Look what happened to vertu
Comparisons with mobile phones mean very little. Phones are a service, paid with a monthly contract, and replaced annually when a bigger better phone comes along. Last year's iPhone is this year's castoff. Think what that would do to depreciation, if we treated cars like that.
Tuna said:
Don't think luxury, think quality. Seals that seal, material touch and feel, electricals that don't break, NVH...
Comparisons with mobile phones mean very little. Phones are a service, paid with a monthly contract, and replaced annually when a bigger better phone comes along. Last year's iPhone is this year's castoff. Think what that would do to depreciation, if we treated cars like that.
In pretty sure you just described leasing or pcp or whatever it’s called these days.Comparisons with mobile phones mean very little. Phones are a service, paid with a monthly contract, and replaced annually when a bigger better phone comes along. Last year's iPhone is this year's castoff. Think what that would do to depreciation, if we treated cars like that.
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