Second hand zoes - the battery lease?
Discussion
If you buy a second hand zoe do you have to buy a battery lease as well or is the second hand price generally now including actually owning such an important part of the vehicle? I was quite fancying a zoe as they seem to be dirt cheap at even under 2 years old (just over 7-8k) Most of the leaf ads mention the battery lease if it has one but the zoe ads don't seem to. Does that mean they generally don't have a compulsory lease with them now?
Petrol cars aren't fond of short journeys so it would be a second car for all the useless short (< 5 miles) journeys and be an emergency spare if normal car is on the fritz. Man maths is at work, it's a thin excuse to have another car toy
Petrol cars aren't fond of short journeys so it would be a second car for all the useless short (< 5 miles) journeys and be an emergency spare if normal car is on the fritz. Man maths is at work, it's a thin excuse to have another car toy
Phunk said:
Buy one of the 'i' models like this:
http://www.arnoldclark.com/used-cars/renault/zoe/i...
Means the battery has been purchased outright. However, it's worth checking with Renault UK before pulling the trigger as many are incorrectly listed.
So that's how you tell with Renault! I was wondering. http://www.arnoldclark.com/used-cars/renault/zoe/i...
Means the battery has been purchased outright. However, it's worth checking with Renault UK before pulling the trigger as many are incorrectly listed.
It makes sense with a higher mileage.
The residuals of EVs seem to be poor. This is £7k at 18 months old.
http://www.autotrader.co.uk/classified/advert/2016...
Anyone seen the above car? Makes no mention of needing a lease either!
The residuals of EVs seem to be poor. This is £7k at 18 months old.
http://www.autotrader.co.uk/classified/advert/2016...
Anyone seen the above car? Makes no mention of needing a lease either!
Battery lease is a minimum of £45 a month which is £540 a year. That buys over 100 gallons of fuel. To do those 3000 miles in an EV assuming £2 per 100 miles then that's another £60 on top. Your average 50 mpg petrol car will take you 5000 miles and leave you the £60 for either road tax or to add to extra servicing costs. Plus if you go over your lease mileage how much more do nissan or renault sting you on top?
One year contract is a ridiculous £780 for that same 3000 miles.
Unless you have an EV to avoid the london congestion charge I can't see how they save money with battery lease rates that are this expensive. If a normal boggo petrol is cheaper to run then I think nissan/renault have miscalculated.
One year contract is a ridiculous £780 for that same 3000 miles.
Unless you have an EV to avoid the london congestion charge I can't see how they save money with battery lease rates that are this expensive. If a normal boggo petrol is cheaper to run then I think nissan/renault have miscalculated.
Looking at the other thread then a 14 month old zoe is only valued at £6500 by Renault themselves. So not only do you have high costs of ownership with a battery lease you also have very high depreciation on the car itself.
Is there a difference in residuals between the leaf and the leaf flex I wonder? If the latter are worth a much smaller percentage of the initial price then it does suggest the whole battery lease thing is the reason the market won't pay much for these second hand.
Is there a difference in residuals between the leaf and the leaf flex I wonder? If the latter are worth a much smaller percentage of the initial price then it does suggest the whole battery lease thing is the reason the market won't pay much for these second hand.
Whatever price the non battery lease vehicles sell for sell the lease cars with lease settled for the same age/spec/mileage of vehicle. It's a no brainer to me. That's the market value. You cannot sell a car for more than a free market wants to pay. Or it will sit there and won't sell.
I also wonder what effect on the batteries there is from having these EVs sat about on forecourts for months? Do dealerships make much effort to keep the batteries in good health? With normal cars they will just chuck the old battery and put a new one on for the customer as they know sitting around a forecourt with the battery draining isn't going to do a normal car battery any good.
I also wonder what effect on the batteries there is from having these EVs sat about on forecourts for months? Do dealerships make much effort to keep the batteries in good health? With normal cars they will just chuck the old battery and put a new one on for the customer as they know sitting around a forecourt with the battery draining isn't going to do a normal car battery any good.
lukefreeman said:
So for 10k miles.
Car @ 50mpg, 200 gallons, £1 a litre, £910, P/A.
Zoe @ 6p per kwh, 90 miles per 22kwh, £45 a month lease, £700, P/A.
Not just the delta in price for us though, car's quirky compared to other Eco boxes.
£45 a month lease assumes a 3 year commitment and 3000 miles. If you want to do 10,000 pa then it's £85 a month for 3 years or £1020. If you can only commit annually then it's £105 a month or £1260 pa plus cost of electricity of £145 ish.Car @ 50mpg, 200 gallons, £1 a litre, £910, P/A.
Zoe @ 6p per kwh, 90 miles per 22kwh, £45 a month lease, £700, P/A.
Not just the delta in price for us though, car's quirky compared to other Eco boxes.
EVs make sense at higher mileages which is irritating as I want one for the opposite use. Short local trips that aren't suited to petrol or diesel cars but the battery lease means they're totally uneconomic for that.
You seem to have to give away a Zoe even when it's new.
http://www.greenhousrenault.co.uk/offers/new-car/r...
If the zoe is dead second hand now then it's potentially dead as a new car within 18 months. I can't see how Renault can keep thinking they can churn these things out as a loss and have to scrap them when they're 2 or 3. It's not exactly environmentally friendly is it? I hope they're sending them abroad to be hire cars on islands as they'd be ideal for that.
http://www.greenhousrenault.co.uk/offers/new-car/r...
If the zoe is dead second hand now then it's potentially dead as a new car within 18 months. I can't see how Renault can keep thinking they can churn these things out as a loss and have to scrap them when they're 2 or 3. It's not exactly environmentally friendly is it? I hope they're sending them abroad to be hire cars on islands as they'd be ideal for that.
Edited by teabelly on Wednesday 24th February 09:48
I don't know. It's still worth adding up the total costs as you still have the battery lease on top so another £55 a month. Plus 30p a mile charge if you go over 3000 miles which could cost you a lot. That £99 a month isn't. It's £154 a month minimum plus another £999 for the deposit.
They might sell but if the traction batteries are knackered due to being sat about for months then Renault won't want to cough up to replace them. A zoe with duff batteries is an economic write off before it's reached even 4. It's making sure they don't end up sitting about that's key so they need to get rid of the battery lease or make sure the cars are shifted off to be used as soon as possible.
Sensible thing to do with them is to sell them off to hire car/taxi firms abroad in RHD territories but re-badged as something else. Dacia maybe?
Sensible thing to do with them is to sell them off to hire car/taxi firms abroad in RHD territories but re-badged as something else. Dacia maybe?
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