Base Tesla cheaper overall than a £5K barge ?

[sjtgeray]

Having owned a (now) shedworthy V8 for almost 10 years, my man-maths seem to be suggesting that a Tesla replacement might make more sense than another < £5K barge-type car. I can buy for cash via my Limited Company which i think would save Corporation Tax and personal tax if i took the money out of the company.
Could someone more knowledgeable than I take a look at my cost comparison table in this thread and check i am not way off...assumes 10 years, 100K comparison against current car....thanks

https://www.pistonheads.com/gassing/topic.asp?h=0&...

You need to scroll down the thread on page 1 to get to my "maths"

[covmutley]

You are probably right. It made sense for me to buy an i3 when I was doing 25k miles a year.

You get it to work because you are using a low mpg figure. Run the figures on a 60mpg diesel hack and the M3 will suddenly look pricey again.

Pays your money, takes your choice!

[ZesPak]

covmutley said:

You are probably right. It made sense for me to buy an i3 when I was doing 25k miles a year.

You get it to work because you are using a low mpg figure. Run the figures on a 60mpg diesel hack and the M3 will suddenly look pricey again.

Pays your money, takes your choice!

I've never seen a car doing realistically do 60mpg in any sort of mileage tbh...

[covmutley]

ZesPak said:

I've never seen a car doing realistically do 60mpg in any sort of mileage tbh...

1.5tdi focus claims 85mpg, so I bet some get close. But whether its 50, or 60, or whatever, 25 mpg is still a very low figure to be using.

[otolith]

ZesPak said:

I've never seen a car doing realistically do 60mpg in any sort of mileage tbh...

My old Citroen AX 1.5D would do 60+ mpg all day long. It would still do 50+ if you drove it like your pubes were on fire.

[sjtgeray]

I guess i picked 25mpg as that's what the current car does (computer shows 26, but with almost zero town driving)...and it also helps with the man-maths !!!

[anonymous-user]

ZesPak said:

covmutley said:

You are probably right. It made sense for me to buy an i3 when I was doing 25k miles a year.

You get it to work because you are using a low mpg figure. Run the figures on a 60mpg diesel hack and the M3 will suddenly look pricey again.

Pays your money, takes your choice!

I've never seen a car doing realistically do 60mpg in any sort of mileage tbh...

Plenty of small engined diesels will do that easily.

My 530d averaged mid 40s overall, 50+ on a long run. My 250hp XF petrol averages 40+ overall so 60 wouldn’t be hard with a smaller, model 3 sized car.



25 is quite extreme.

[jjwilde]

A car that mostly drives horribly will get 50-60mpg.

Life is short, get the Tesla.

[sjtgeray]

jjwilde....haha, thats what i said to the wife. I was looking at a 2006 Saab 9-5 Aero but fuel economy is just as bad, and 2007 models come with £555 road tax. I have a hatred of diesels so they are definitely out, but yes, am sure i could find a comfy, quiet petrol with better mpg, albeit with pretty stilted performance

[Heres Johnny]

Looks like you're assuming all home charging (3-4p a mile) and the costs of electricity and taxation don't close significantly with petrol.

Now someone is going to say "get XYZ tarriff and I currently get paid to drive my car during the day and charge at night" I'm not sure thatsd a sustainable assumption.

Supercharge and you're at more like 7-8p a mile

Charger at Ionity or some of the more expensive chargers and you could be at 12p a mile.

You'll have a mix but nobody really knows how the fuel pricing is going to skae down in the future.

If you want cheap motoring for 10 years -forget a new car - but a used MS with free unlimited supercharging for 35k, milk that, zero VED. and you sell to a taxi driver in 10 years for 10k and you really are looking at cheap.

[coetzeeh]

jjwilde said:

A car that mostly drives horribly will get 50-60mpg.

Life is short, get the Tesla.

which model do you own again?

[SWoll]

Heres Johnny said:

Looks like you're assuming all home charging (3-4p a mile) and the costs of electricity and taxation don't close significantly with petrol.

Now someone is going to say "get XYZ tarriff and I currently get paid to drive my car during the day and charge at night" I'm not sure thatsd a sustainable assumption.

Supercharge and you're at more like 7-8p a mile

Charger at Ionity or some of the more expensive chargers and you could be at 12p a mile.

You'll have a mix but nobody really knows how the fuel pricing is going to skae down in the future.

If you want cheap motoring for 10 years -forget a new car - but a used MS with free unlimited supercharging for 35k, milk that, zero VED. and you sell to a taxi driver in 10 years for 10k and you really are looking at cheap.

You think a 15 year old MS with 150k miles on it is going to be worth £10k in 2030? Not a chance, will be an absolute dinosaur with a pretty knackered battery I'd have thought and taxi drivers will be more interested in used Model 3/Y at that price.

[otolith]

Don't know about the age, but the evidence is that the battery should be fine at that mileage, isn't it?

[Heres Johnny]

SWoll said:

You think a 15 year old MS with 150k miles on it is going to be worth £10k in 2030? Not a chance, will be an absolute dinosaur with a pretty knackered battery I'd have thought and taxi drivers will be more interested in used Model 3/Y at that price.

Who said buy a 5 year old one? Plenty of 3 year old ones for cheap money

And I recon a 13 year old MS is going to be worth a fair bit more than a 10 year old M3 eespecially if it still has free charging

Put it this way - is a 50k P90DL with free supercharging, free VED, all that performance going to be worth more or less than a new 47k M3 LR in 5-10 years?

Edited by Heres Johnny on Friday 21st February 15:10

[SWoll]

Heres Johnny said:

SWoll said:

You think a 15 year old MS with 150k miles on it is going to be worth £10k in 2030? Not a chance, will be an absolute dinosaur with a pretty knackered battery I'd have thought and taxi drivers will be more interested in used Model 3/Y at that price.

Who said buy a 5 year old one? Plenty of 3 year old ones for cheap money

And I recon a 13 year old MS is going to be worth a fair bit more than a 10 year old M3 eespecially if it still has free charging

Put it this way - is a 50k P90DL with free supercharging, free VED, all that performance going to be worth more or less than a new 47k M3 LR in 5-10 years?

Edited by Heres Johnny on Friday 21st February 15:10

Not convinced. How about we agree to meet up back here in 10 years to see who was right?

[silentbrown]

otolith said:

Don't know about the age, but the evidence is that the battery should be fine at that mileage, isn't it?

Battery warranty says up to 70% charge remaining after 8 yrs/100K miles, so hopefully.

OP, your electricity costs seem to be based on charging at home. if you regularly have to use other chargers, costs will be much higher.

Also budget for having home charger installed...

[otolith]

silentbrown said:

otolith said:

Don't know about the age, but the evidence is that the battery should be fine at that mileage, isn't it?

Battery warranty says up to 70% charge remaining after 8 yrs/100K miles, so hopefully.

OP, your electricity costs seem to be based on charging at home. if you regularly have to use other chargers, costs will be much higher.

Also budget for having home charger installed...

My understanding is that the real world data is far better than the warranty - people do seem to assume that a battery car will last no longer than the warranty in a way they don't assume a VW engine is junk after 3 years / 60k miles.

https://electrek.co/2018/04/14/tesla-battery-degra...

[Heres Johnny]

otolith said:

silentbrown said:

otolith said:

Don't know about the age, but the evidence is that the battery should be fine at that mileage, isn't it?

Battery warranty says up to 70% charge remaining after 8 yrs/100K miles, so hopefully.

OP, your electricity costs seem to be based on charging at home. if you regularly have to use other chargers, costs will be much higher.

Also budget for having home charger installed...

My understanding is that the real world data is far better than the warranty - people do seem to assume that a battery car will last no longer than the warranty in a way they don't assume a VW engine is junk after 3 years / 60k miles.

https://electrek.co/2018/04/14/tesla-battery-degra...

That’s a 2018 article

Batterygate and the revised warranty that says any reduction in range as a result of software is excluded shows a Tesla have less confidence than you do

That said, in a few years battery refurb and even upgrade packs will be readily available and probably quite cheap,

[otolith]

Heres Johnny said:

otolith said:

silentbrown said:

otolith said:

Don't know about the age, but the evidence is that the battery should be fine at that mileage, isn't it?

Battery warranty says up to 70% charge remaining after 8 yrs/100K miles, so hopefully.

OP, your electricity costs seem to be based on charging at home. if you regularly have to use other chargers, costs will be much higher.

Also budget for having home charger installed...

My understanding is that the real world data is far better than the warranty - people do seem to assume that a battery car will last no longer than the warranty in a way they don't assume a VW engine is junk after 3 years / 60k miles.

https://electrek.co/2018/04/14/tesla-battery-degra...

That’s a 2018 article

Batterygate and the revised warranty that says any reduction in range as a result of software is excluded shows a Tesla have less confidence than you do

That said, in a few years battery refurb and even upgrade packs will be readily available and probably quite cheap,

No, I was saying that the warranty and what Tesla think is irrelevant looking at the real world data which seems to suggest that degradation is pretty low.

[jjwilde]

coetzeeh said:

which model do you own again?

Only a base model ordered. We have a Zoe and an ENV too.

Or if you meant the 50mpg a stty toyota hybrid which I have to drive from time to time.