Do BEV's actually save you money currently?

Do BEV's actually save you money currently?

Author
Discussion

Gandahar

Original Poster:

9,600 posts

129 months

Friday 13th September 2019
quotequote all
They have some good advantages, but for just paying up a lump sum, or on Pcp , does the low fuel cost save anything?

Looking at the new E up certainly not, over the petrol equivalent. Thousands more

Kia E Niro... no ... thousands more.

Even the Golf R seems to be cheaper than the cheapest Model 3 on PCP per month for 8000 miles per year including the amount saved on petrol.

EV cars currently are not a cheap car, they are a car for a niche that serves that niche very well.

I want to go EV but being a northerner at the moment calculator says no.


Gandahar

Original Poster:

9,600 posts

129 months

Saturday 14th September 2019
quotequote all
Thanks for the replies, I guess the answer currently is no, but it will become cheaper.

There is a new Hyundai i10 released which is still short, less than 3700mm and has long wheel base for size. This would be great for a little car in the future that can accept a cheap battery when battery prices come down.

Would suit me down to a tee.

PS My currernt 99400 mile 2008 diesel Yaris might have to do a few years yet. Brilliant engine for a small car, will do 83mpg and 124mph down a hill. My dog has gone prematurely grey though sitting in the back smile


Gandahar

Original Poster:

9,600 posts

129 months

Friday 20th September 2019
quotequote all
After starting this thread I think the summary is yes if you are canny, or no if you are not.

I am sure the trend will be to be yes as time goes on.

This might be a hard time for battery suppliers catching up with demand till 2025 or so which does not bode well for cheap BEV cars soon though.

It will be interesting to watch.


Gandahar

Original Poster:

9,600 posts

129 months

Friday 20th September 2019
quotequote all
kambites said:
Gandahar said:
This might be a hard time for battery suppliers catching up with demand till 2025 or so which does not bode well for cheap BEV cars soon though.
Probably depends on how you define "cheap". On the one hand limited battery supply will continue to keep new prices on the high side, on the other it will also continue to prop up used prices. I doubt you'll find many brand new ICE powered cars with total cost of ownership (over a decent amount of time and miles) which is lower than the MG linked above.

List prices may or may not eventually reach parity with ICE, but with more and more people thinking of cars purely as something they pay monthly for, it's arguably a bit irrelevant.
True about the MG

I need a less than 3.8m car that costs to buy not much more than the diesel / petrol equivalent with a total cost of £12k or less than £200 per month on PCP.

The problem is with batteries being expensive the cheap end of the spectrum will take a long time to get down to still being cheap if you go BEV. All those higher margin cars are knicking them !