RE: The best used electric cars to buy right now

RE: The best used electric cars to buy right now

Author
Discussion

JD

2,366 posts

208 months

J4CKO said:
Hmm, maybe but in a lot of ways they aren’t based on reviews, plus most folk work to a budget so if it is £200 a month cheaper can see why that’s a big draw.
Reviews by car journalists? Is that how people choose their cooking saloon car?

A Tesla is not cheaper than any 3 series in any way.

It might save £1500 or so per year bik to a company car driver, but the lease rates are 30% higher!

GT9

2,994 posts

152 months

Saturday
quotequote all
DodgyGeezer said:
In the meantime we've all kept on ramping up electricity usage
Just to clear this up.

Total consumption of electricity in the UK has been falling steadily since 2005.

In the last decade it has dropped by nearly 20%.

Industrial and other users have been upgrading to more efficient end use equipment, such as variable speed drives, low energy lighting, more efficient pumps, etc.

I’m not refuting that there are local supply issues.

If all cars were magically swapped to EVs tomorrow, then total annual demand would increase by about 30%.

SWoll

14,336 posts

238 months

Saturday
quotequote all
JD said:
Reviews by car journalists? Is that how people choose their cooking saloon car?

A Tesla is not cheaper than any 3 series in any way.

It might save £1500 or so per year bik to a company car driver, but the lease rates are 30% higher!
Absolute rubbish I'm afraid.

A Model 3 with 280hp would cost a 40% tax payer £322 a year in BIK. A BMW 330i with 254hp £5443.

Lease costs for 3 years and 30k mile? Model 3 = £690 BMW 330i = £750

That's approx £18k less for the Tesla over 3 years and 30k miles than an equivelant 3 series if taken as a company car. If doing a personal lease the difference is still £2k before accounting for running costs.

DodgyGeezer

31,915 posts

170 months

Saturday
quotequote all
GT9 said:
Just to clear this up.

Total consumption of electricity in the UK has been falling steadily since 2005.

In the last decade it has dropped by nearly 20%.

Industrial and other users have been upgrading to more efficient end use equipment, such as variable speed drives, low energy lighting, more efficient pumps, etc.

I’m not refuting that there are local supply issues.

If all cars were magically swapped to EVs tomorrow, then total annual demand would increase by about 30%.
thumbup

DodgyGeezer

31,915 posts

170 months

Saturday
quotequote all
mind you this could throw the cat amongst the pigeons - if you don't mind buying a purely Chinese product

https://www.autocar.co.uk/car-news/new-cars/new-by...



CheesecakeRunner

1,843 posts

71 months

Saturday
quotequote all
SWoll said:
Absolute rubbish I'm afraid.

A Model 3 with 280hp would cost a 40% tax payer £322 a year in BIK. A BMW 330i with 254hp £5443.

Lease costs for 3 years and 30k mile? Model 3 = £690 BMW 330i = £750

That's approx £18k less for the Tesla over 3 years and 30k miles than an equivelant 3 series if taken as a company car. If doing a personal lease the difference is still £2k before accounting for running costs.
Running costs and bik aside, a lot of companies also won’t permit straight petrol or diesel cars on their company cars lists any more as they count towards a company’s emissions targets.

I work for one of the global IT consultancies and we can only have pure EV or plug-in hybrids now.

So almost overnight every 320d got replaced with a Tesla.

Also our mileage expenses that get rebilled to customers are substantially lower.

SWoll

14,336 posts

238 months

Saturday
quotequote all
CheesecakeRunner said:
SWoll said:
Absolute rubbish I'm afraid.

A Model 3 with 280hp would cost a 40% tax payer £322 a year in BIK. A BMW 330i with 254hp £5443.

Lease costs for 3 years and 30k mile? Model 3 = £690 BMW 330i = £750

That's approx £18k less for the Tesla over 3 years and 30k miles than an equivelant 3 series if taken as a company car. If doing a personal lease the difference is still £2k before accounting for running costs.
Running costs and bik aside, a lot of companies also won’t permit straight petrol or diesel cars on their company cars lists any more as they count towards a company’s emissions targets.

I work for one of the global IT consultancies and we can only have pure EV or plug-in hybrids now.

So almost overnight every 320d got replaced with a Tesla.

Also our mileage expenses that get rebilled to customers are substantially lower.
Yep, everyone I know with a company car either already has an EV or one on order. As mentioned earlier, from a financial perspective it's a no brainer.

The big thing that can catch people out is when they come to make mileage claims as 5ppm won't cover the true cost in many cases.

Scrimpton

12,171 posts

217 months

Saturday
quotequote all
My Ioniq is paying for itself at the moment as the 40p I get for business mileage is covering the lease cost and all the electricity. Lovely stuff.

SWoll

14,336 posts

238 months

Saturday
quotequote all
Scrimpton said:
My Ioniq is paying for itself at the moment as the 40p I get for business mileage is covering the lease cost and all the electricity. Lovely stuff.
That's for a personal car used for business use though. Company cars are limited to 5ppm, which works out as a repayment of 15-20p per kW of power for most EV's. Many people paying more than that at home already, come October it's only going to get significantly worse.

kambites

64,822 posts

201 months

Saturday
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SWoll said:
Scrimpton said:
My Ioniq is paying for itself at the moment as the 40p I get for business mileage is covering the lease cost and all the electricity. Lovely stuff.
That's for a personal car used for business use though. Company cars are limited to 5ppm, which works out as a repayment of 15-20p per kW of power for most EV's. Many people paying more than that at home already, come October it's only going to get significantly worse.
Still a damned slight cheaper than petrol though!

SWoll

14,336 posts

238 months

Saturday
quotequote all
kambites said:
SWoll said:
Scrimpton said:
My Ioniq is paying for itself at the moment as the 40p I get for business mileage is covering the lease cost and all the electricity. Lovely stuff.
That's for a personal car used for business use though. Company cars are limited to 5ppm, which works out as a repayment of 15-20p per kW of power for most EV's. Many people paying more than that at home already, come October it's only going to get significantly worse.
Still a damned slight cheaper than petrol though!
Assuming you do most of your charging at home. Mix in regular rapid public charging and there's much less in it, especially with petrol prices steadily dropping again and electricity doing the opposite.

Scrimpton

12,171 posts

217 months

Saturday
quotequote all
SWoll said:
Scrimpton said:
My Ioniq is paying for itself at the moment as the 40p I get for business mileage is covering the lease cost and all the electricity. Lovely stuff.
That's for a personal car used for business use though. Company cars are limited to 5ppm, which works out as a repayment of 15-20p per kW of power for most EV's. Many people paying more than that at home already, come October it's only going to get significantly worse.
In isolation not great but then you do make a decent saving on BIK if you have to have a company car. My tariff is fixed at 20p per kW until Autumn 2023, an option unfortunately not available with petrol last year.

kambites

64,822 posts

201 months

Saturday
quotequote all
SWoll said:
Assuming you do most of your charging at home. Mix in regular rapid public charging and there's much less in it, especially with petrol prices steadily dropping again and electricity doing the opposite.
Yeah I certainly wouldnt buy an EV without the ability to do at least 90% of my charging at home.

JD

2,366 posts

208 months

Saturday
quotequote all
SWoll said:
Absolute rubbish I'm afraid.

A Model 3 with 280hp would cost a 40% tax payer £322 a year in BIK. A BMW 330i with 254hp £5443.

Lease costs for 3 years and 30k mile? Model 3 = £690 BMW 330i = £750

That's approx £18k less for the Tesla over 3 years and 30k miles than an equivelant 3 series if taken as a company car. If doing a personal lease the difference is still £2k before accounting for running costs.
It’s not rubbish though is it, because absolutely nobody is choosing a 330i as a company car are they? the only one that would be picked is a 330e.

On our scheme, a 330e is £750 a month, and Model 3 LR is £950, (even the SR is £850)

KarlMac

3,456 posts

121 months

Saturday
quotequote all
JD said:
It’s not rubbish though is it, because absolutely nobody is choosing a 330i as a company car are they? the only one that would be picked is a 330e.

On our scheme, a 330e is £750 a month, and Model 3 LR is £950, (even the SR is £850)
If that’s true your companies lease contract is absolute garbage. Leaseplan quote us less than that for the Y.

CheesecakeRunner

1,843 posts

71 months

Saturday
quotequote all
JD said:
SWoll said:
Absolute rubbish I'm afraid.

A Model 3 with 280hp would cost a 40% tax payer £322 a year in BIK. A BMW 330i with 254hp £5443.

Lease costs for 3 years and 30k mile? Model 3 = £690 BMW 330i = £750

That's approx £18k less for the Tesla over 3 years and 30k miles than an equivelant 3 series if taken as a company car. If doing a personal lease the difference is still £2k before accounting for running costs.
It’s not rubbish though is it, because absolutely nobody is choosing a 330i as a company car are they? the only one that would be picked is a 330e.

On our scheme, a 330e is £750 a month, and Model 3 LR is £950, (even the SR is £850)
At 40% tax (which if you’re looking at these kind of cars on a company scheme, you’re likely paying) a Model 3 LR is £439 per year, on the base 330e Sport is £2146.

Per month, that’s a difference of £142. So that leaves £57 per month as the actual difference between the 330e and the 3 LR on your scheme.

You could probably offset that 57 quid in the price of fuel.

JD

2,366 posts

208 months

Saturday
quotequote all
CheesecakeRunner said:
At 40% tax (which if you’re looking at these kind of cars on a company scheme, you’re likely paying) a Model 3 LR is £439 per year, on the base 330e Sport is £2146.

Per month, that’s a difference of £142. So that leaves £57 per month as the actual difference between the 330e and the 3 LR on your scheme.

You could probably offset that 57 quid in the price of fuel.
Which is exactly what I am saying, the price difference is not some extreme example that therefore is the only thing that justifies why people end up in a Tesla.

For my example, the fixed personal mile costs of the hybrid (and a charging allowance), versus the unknown and rising fuel costs of the EV make the comparative costs near enough exactly the same.



Clivey

4,971 posts

184 months

Yesterday (11:18)
quotequote all
Scrimpton said:
My Ioniq is paying for itself at the moment as the 40p I get for business mileage is covering the lease cost and all the electricity. Lovely stuff.
But then you’re stuck driving an Ioniq. boxedin

BAMoFo

392 posts

236 months

Yesterday (12:14)
quotequote all
ajap1979 said:
BAMoFo said:
Roll on the day when EVs start being taxed more to compensate for the loss of fuel duty and Road Tax.
Roll on people being taxed according to how much they use their car...
I agree. I pay more than £1 per mile on road tax for two of my cars despite SORNing pretty ruthlessly.

BAMoFo

392 posts

236 months

Yesterday (12:41)
quotequote all
Elmariachi said:
As a general rule of thumb, I'm happy for people to do what they like as long as it doesn't harm me or other people. In this case, driving an unnecessarily polluting car does affect me because it's killing the planet.

So while I get your point that you want to be able to talk piston-y things without the inconvenience of someone commenting on your selfish and irresponsible behaviour, I'm not prepared to let it go, sorry - the situation is too dire and it's getting far too late in the day.
Presumably you have made the conscious decision never to have children?