£5000 subsidy for electric cars.
Discussion
bodhi said:
I do think there should be a process limit above which the cars aren't subsidised. I don't have too much someone being encouraged to buy a Leaf, but a millionaire being subsidised to ease his conscience and splurge 90k on a Tesla?
Stuff that.
Consider the cost effectiveness, though, of getting someone out of a 7-series or S-class versus getting them out of a Focus or Golf.Stuff that.
otolith said:
Consider the cost effectiveness, though, of getting someone out of a 7-series or S-class versus getting them out of a Focus or Golf.
I would have thought the additional tax savings, such as fuel and VED, would be more than enough to encourage them to move over. I am far from a socialist, in fact I dislike everything it stands for, however the thought of taking tax from the poor and giving it to someone who can afford to spend 90k on a car, makes me feel seriously uncomfortable.
And thats before we even go there on the dubious environmental benefits of EVs.
bodhi said:
otolith said:
Consider the cost effectiveness, though, of getting someone out of a 7-series or S-class versus getting them out of a Focus or Golf.
I would have thought the additional tax savings, such as fuel and VED, would be more than enough to encourage them to move over. I am far from a socialist, in fact I dislike everything it stands for, however the thought of taking tax from the poor and giving it to someone who can afford to spend 90k on a car, makes me feel seriously uncomfortable.
And thats before we even go there on the dubious environmental benefits of EVs.
jonby said:
When it's a Tesla for £90k, it's arguable. But when the buyer of a 918, P1 or LaF, each for very roughly c. £1 MIL, get's a £5k subsidy, it's simply scandalous
Given that the ticket price of a 1 million pound hypercar includes £167k in VAT, I'm not crying too hard for the chancellor.otolith said:
jonby said:
When it's a Tesla for £90k, it's arguable. But when the buyer of a 918, P1 or LaF, each for very roughly c. £1 MIL, get's a £5k subsidy, it's simply scandalous
Given that the ticket price of a 1 million pound hypercar includes £167k in VAT, I'm not crying too hard for the chancellor.Of course within a very few yrs, most of the major sports car manufacturers (Ferrari, Mclaren, Porsche, AML as a bare minimum) will be offering £150-250k hybrid cars that qualify for the subsidy. At most, only a small percentage will be overly influenced by the environmental benefits of such a car. They should be given £5k tax funded subsidies ?
Top 10 worst depreciating cars is dominated by electric cars with the Nissan Leaf the Numero Uno worst depreciator:
http://www.autoexpress.co.uk/best-cars/94305/faste...
http://www.autoexpress.co.uk/best-cars/94305/faste...
turbobloke said:
Top 10 worst depreciating cars is dominated by electric cars with the Nissan Leaf the Numero Uno worst depreciator:
http://www.autoexpress.co.uk/best-cars/94305/faste...
The figures all ignore the £5000 grant and assume you pay list. I expected better from Auto Express. Oh wait, no I didn't.http://www.autoexpress.co.uk/best-cars/94305/faste...
BigBen said:
turbobloke said:
Top 10 worst depreciating cars is dominated by electric cars with the Nissan Leaf the Numero Uno worst depreciator:
http://www.autoexpress.co.uk/best-cars/94305/faste...
The figures all ignore the £5000 grant and assume you pay list. I expected better from Auto Express. Oh wait, no I didn't.http://www.autoexpress.co.uk/best-cars/94305/faste...
turbobloke said:
Top 10 worst depreciating cars is dominated by electric cars with the Nissan Leaf the Numero Uno worst depreciator:
http://www.autoexpress.co.uk/best-cars/94305/faste...
Erm:http://www.autoexpress.co.uk/best-cars/94305/faste...
Cost new: £26,885 -£5k subsidy = £21,885
Value at 3yrs/ 36k miles: £5,075 - cheapest real price on Autotrader is £7450
Percentage value retained: 19% - Real % = 34%
You lose: £21,810 = £14430.
Quite a difference. Factor in no tax for 3 years, minimal fuel cost, zero congestion charge if you are Cockerny, (there's another£6 in your pocket).
Not so bad.
turbobloke said:
BigBen said:
turbobloke said:
Top 10 worst depreciating cars is dominated by electric cars with the Nissan Leaf the Numero Uno worst depreciator:
http://www.autoexpress.co.uk/best-cars/94305/faste...
The figures all ignore the £5000 grant and assume you pay list. I expected better from Auto Express. Oh wait, no I didn't.http://www.autoexpress.co.uk/best-cars/94305/faste...
BigBen said:
turbobloke said:
BigBen said:
turbobloke said:
Top 10 worst depreciating cars is dominated by electric cars with the Nissan Leaf the Numero Uno worst depreciator:
http://www.autoexpress.co.uk/best-cars/94305/faste...
The figures all ignore the £5000 grant and assume you pay list. I expected better from Auto Express. Oh wait, no I didn't.http://www.autoexpress.co.uk/best-cars/94305/faste...
It still makes for quite 'impressive' depreciation.
What, that you can't even give electric cars away, re-sellers don't want then, makers are consolidating models because of lack of interest, markets without massive subsidy/compulsion are shrinking, that the only way electric cars will become mainstream is by compulsion, because they are a bad engineering solution to a non-existent problem, and if they did become mainstream, we wouldn't have the grid generating capacity to power them.
Mr GrimNasty said:
What, that you can't even give electric cars away, re-sellers don't want then, makers are consolidating models because of lack of interest, markets without massive subsidy/compulsion are shrinking, that the only way electric cars will become mainstream is by compulsion, because they are a bad engineering solution to a non-existent problem, and if they did become mainstream, we wouldn't have the grid generating capacity to power them.
4 people in my office of 20ish have gone electric purely because they are giving them away, certainly not for tree hugging reasons. I would also question why they are a bad engineering solution for short-ish commutes they seem ideal for it to me.Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff