Do BEV's actually save you money currently?

[SWoll]

squirdan said:

Sambucket said:

What would be the EV with the closest ICE analogue?

The Zoe can be bought new for about 15k with battery lease. Nor far off a new Clio with similar spec.

If we ignore the lease in exchange for fuel savings. Then the other little savings will add up.

A model 3 Performance is v close in all ways to a new Audi S4. same size, similar performance, 4wd saloons, same £

Similar performance to an S4?

The performance figures and standard spec are better than the RS4 and its significantly cheaper.

The LR is more of an S4 rival, although now its diesel its slower and still more expensive than the LR..

Edited by SWoll on Wednesday 18th September 16:01

[sjg]

I've recently signed up for an eGolf lease, but with the recent list price cut and usual finance incentives they're pretty cheap to buy now too.

Price difference buying on PCP, compared to a petrol (1.5 TSI, DSG gearbox) in roughly equivalent Match spec is about £3200.

Real world mpg on Fuelly for that engine is about 37mpg. About £1600 per 10k miles in fuel.

10k miles on electric will use about 2500kwh (units) - I pay 14p a unit at home, so about £350 - you could do better with Economy 7 or other cheap overnight tariffs. Add a pessimistic £50 over the same time for rapid charging on the occasional long trip and you're still better off after about 23k miles.

Petrol Golf pays £145pa road tax, eGolf £0. eGolf first service is after 18k / 2 years (and they're cheap as there's not much to do), petrol 10k / 1 year. Yes, there's longlife but no-one outside of high mileage motorway users should be on that.

The thing about the economics of BEVs is that the more range you want (or think you "need"), the bigger and bigger the purchase cost gets, and the bigger the payback time fuel-wise.

[superpp]

sjg said:

10k miles on electric will use about 2500kwh (units) - I pay 14p a unit at home, so about £350 - you could do better with Economy 7 or other cheap overnight tariffs. Add a pessimistic £50 over the same time for rapid charging on the occasional long trip and you're still better off after about 23k miles.

You really need to switch energy supplier, the right EV tariff is a revelation which it took me a few months to realise.
Octopus is the preferred choice at the moment with overnight kWh for 5p, just charge on your cars timer. Daytime rates are comparible to most (unlike Economy 7).
Take a look via my link and if you decided to switch, you would also get £50 credited. More free miles into your car :-)
https://share.octopus.energy/ivory-snail-551

[LordFlathead]

HTP99 said:

All Fleunces' are battery rental.

Mine's not.

[LordFlathead]

gangzoom said:

LordFlathead said:

the new car price needs to be around £20k for a car similar to the Model S.

EV's are not there yet.

I think you may want to update your self on new car prices in 2019.

£20k will just about get you a 5 door Ford Fiesta Active 1 (not even a ST), with a 1 litre engine.

Whilst I do think a Model S is currently overpriced at £77k starting you cannot even get a used 2014 one for £20k.

So if your waiting for someone to make an 200 mile range EV, with decent space inside for family/luggage, and decent tech all for £20k brand new.......Your going to be waiting forever!

I think you might need to put your glasses on. I said the new car price NEEDS to be around £20k but prices will tumble when newer models come out. Look at the MG, it's around £23k now with offers and it's half decent with good reviews.

[kambites]

I dont think anyone would reasonably describe the MG ZS as "similar to a model S".

I think the ZS is a very interesting car, and possibly the first EV with a respectable range which could really be called a "budget" car but it's a very long way from the model-S!

Edited by kambites on Friday 20th September 16:40

[Gandahar]

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.

[kambites]

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 (albeit probably not on a lease deal like that).

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.

Edited by kambites on Friday 20th September 20:29

[Gandahar]

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 !

[kambites]

Very, very few cars in the UK sell for £12k. The median new list price for cars sold is about £30k.

For comparison, the Fiesta (the best selling car in the UK?) these days starts at £16k. The Golf starts at £22k.

Edited by kambites on Saturday 21st September 08:20

[SWoll]

Indeed. I'd be interested in seeing a list of current ICE cars that come in at <£200 a month on PCP or PCH once the initial payment is factored in.

[anonymous-user]

kambites said:

Very, very few cars in the UK sell for £12k. The median new list price for cars sold is about £30k.

For comparison, the Fiesta these days starts at £16k.

Edited by anonymous-user on Saturday 21st September 07:53

Cheapest Fiesta is £10900.

[SWoll]

REALIST123 said:

kambites said:

Very, very few cars in the UK sell for £12k. The median new list price for cars sold is about £30k.

For comparison, the Fiesta these days starts at £16k.

Edited by kambites on Saturday 21st September 07:53

Cheapest Fiesta is £10900.

Not according to Ford's website?

https://www.ford.co.uk/cars/new-fiesta/models-spec...