UK EV total cost of ownership compared to ICE vehicles...
Discussion
Only skim read it but seems only really applicable to those getting it as a company car.
At the moment for anyone else buying outright the prices are only just coming down to a reasonable level.
Renault Zoe and Nissan Leaf are still quite expensive for a hatchback, Tesla's, Taycans, i-Pace's are a lot more expensive than what the regular UK citizen would budget for a new car.
I would love an Electric car, but I've never bought new and the residual prices of suitable EV's aren't really at my price range yet. From what I can see the first gen Leaf's and Zoe's don't really have what I would deem as a suitable range.
Looking forward to the future though!
At the moment for anyone else buying outright the prices are only just coming down to a reasonable level.
Renault Zoe and Nissan Leaf are still quite expensive for a hatchback, Tesla's, Taycans, i-Pace's are a lot more expensive than what the regular UK citizen would budget for a new car.
I would love an Electric car, but I've never bought new and the residual prices of suitable EV's aren't really at my price range yet. From what I can see the first gen Leaf's and Zoe's don't really have what I would deem as a suitable range.
Looking forward to the future though!
Also they only seem expensive because of the low/zero tax for company cars, if you removed the BIK relief and also removed the tax and duty on fuel, what would the difference in running costs be then?
I would be wary of budgeting anything that relies heavily on a current tax break as that can change really at any time.
I would be wary of budgeting anything that relies heavily on a current tax break as that can change really at any time.
WonkeyDonkey said:
Also they only seem expensive because of the low/zero tax for company cars, if you removed the BIK relief and also removed the tax and duty on fuel, what would the difference in running costs be then?
I would be wary of budgeting anything that relies heavily on a current tax break as that can change really at any time.
Especially in the current situation - remember there was no ‘autumn statement’ from the Chancellor, so anything is up for grabs, post-election.I would be wary of budgeting anything that relies heavily on a current tax break as that can change really at any time.
WonkeyDonkey said:
Only skim read it but seems only really applicable to those getting it as a company car.
At the moment for anyone else buying outright the prices are only just coming down to a reasonable level.
Renault Zoe and Nissan Leaf are still quite expensive for a hatchback, Tesla's, Taycans, i-Pace's are a lot more expensive than what the regular UK citizen would budget for a new car.
I would love an Electric car, but I've never bought new and the residual prices of suitable EV's aren't really at my price range yet. From what I can see the first gen Leaf's and Zoe's don't really have what I would deem as a suitable range.
Looking forward to the future though!
I have been looking at EV for a while, want to replace my current ICEAt the moment for anyone else buying outright the prices are only just coming down to a reasonable level.
Renault Zoe and Nissan Leaf are still quite expensive for a hatchback, Tesla's, Taycans, i-Pace's are a lot more expensive than what the regular UK citizen would budget for a new car.
I would love an Electric car, but I've never bought new and the residual prices of suitable EV's aren't really at my price range yet. From what I can see the first gen Leaf's and Zoe's don't really have what I would deem as a suitable range.
Looking forward to the future though!
It will be private buying, try Zoe and e-Golf relatively cheaper EV but cant convience myself the price tag with those budget interior materials/design and low performance. Tesla, and Jag are out of my budget range, went to test the i3, more fun and better drive than e-Golf and Zoe. However, the price tag still seem very high compare to other BMW ICE model, and the price of extended warranty (I don't think indy EV specialist can be commonly found) outweight the low fuel cost.
WonkeyDonkey said:
.
Renault Zoe and Nissan Leaf are still quite expensive for a hatchback, Tesla's, Taycans, i-Pace's are a lot more expensive than what the regular UK citizen would budget for a new car.
This is one of the biggest disappointments for me with EV development over the last 5 years.Renault Zoe and Nissan Leaf are still quite expensive for a hatchback, Tesla's, Taycans, i-Pace's are a lot more expensive than what the regular UK citizen would budget for a new car.
I remember been able to order a decent spec Model S for £50k, now its £70k. The Model 3 was suppose to be sub £30k, but £40k+ is the real price.
Nissan was meant to introduce their funky new IDS concept in 2017 instead all we have is the same Leaf but in different clothing and higher prices - £200/month no deposit deals seem like a world away now.
Whilst its true if you are after a 'performance' car EVs are 100% cheaper in every way regardless of how you drive one - lease/own etc. Our Model X was the same price as a SQ7 and when you calculate the total cost of ownership over 40K including depreciation its coming out some £20k cheaper.
BUT most people don't buy performance cars, a standard TDI Q7 would have been cheaper to own than our X, though by 60k the over cost would be similar, and by 100K the X far cheaper. Thats as a personal purchase with no BIK games, so that report isn't wrong.
Hopefully though prices will come down, but I have a feeling the next 5 years for EV development will be just as disappointing as the last 5 years.
Edited by gangzoom on Sunday 8th December 05:34
tamore said:
EVs are where ICE cars were in the red flag days! couple of steps in battery/charging tech, and some economies of scale and they will be ubiquitous.
True, but we’ve been saying that that’s around the corner for a few years now and it’s not happened. The truth is that without some creative, affirming man maths and maybe unfair comparison, EVs are still very expensive.
Compare the few available or imminent cars that offered in both ICE and EV variants. The extra price of the latter far outweighs the first 4/5 years of fuel and maintenance and there’s no evidence of lower depreciation for most buyers.
REALIST123 said:
tamore said:
EVs are where ICE cars were in the red flag days! couple of steps in battery/charging tech, and some economies of scale and they will be ubiquitous.
True, but we’ve been saying that that’s around the corner for a few years now and it’s not happened. The truth is that without some creative, affirming man maths and maybe unfair comparison, EVs are still very expensive.
Compare the few available or imminent cars that offered in both ICE and EV variants. The extra price of the latter far outweighs the first 4/5 years of fuel and maintenance and there’s no evidence of lower depreciation for most buyers.
tamore said:
REALIST123 said:
tamore said:
EVs are where ICE cars were in the red flag days! couple of steps in battery/charging tech, and some economies of scale and they will be ubiquitous.
True, but we’ve been saying that that’s around the corner for a few years now and it’s not happened. The truth is that without some creative, affirming man maths and maybe unfair comparison, EVs are still very expensive.
Compare the few available or imminent cars that offered in both ICE and EV variants. The extra price of the latter far outweighs the first 4/5 years of fuel and maintenance and there’s no evidence of lower depreciation for most buyers.
Others will scale up production by 2025 by which time parity should be attainable
We are still in the early adopter stage
Edited by Dave Hedgehog on Sunday 8th December 10:46
For me an EV has extremely low ownership costs.
I shopped around and got a very good deal so my Zoe ZE 40 Dynamic Nav only cost me £11500.00 which equates to £16500.00 including the battery lease.
I have access to free chargers so my electricity cost is limited to the few occasions when I charge it at home.
Servicing is very cheap, my 18k mile service was £64.00 from a main dealer.
Depreciation is extremely low, if I had done a more normal mileage my car would still be worth about what I paid for it nearly two years ago.
I have done 55k miles in 22months and it has cost me around £500.00 in servicing and electricity related costs.
I am not aware of an ice powered car that I could have bought for a similar amount that would have cost me less to run.
I shopped around and got a very good deal so my Zoe ZE 40 Dynamic Nav only cost me £11500.00 which equates to £16500.00 including the battery lease.
I have access to free chargers so my electricity cost is limited to the few occasions when I charge it at home.
Servicing is very cheap, my 18k mile service was £64.00 from a main dealer.
Depreciation is extremely low, if I had done a more normal mileage my car would still be worth about what I paid for it nearly two years ago.
I have done 55k miles in 22months and it has cost me around £500.00 in servicing and electricity related costs.
I am not aware of an ice powered car that I could have bought for a similar amount that would have cost me less to run.
andyalan10 said:
Dave Hedgehog said:
Avg uk new price is 33k
If that is a mean price, you do know it will be made up of probably 70-80% of cars sold being less than that, don't you?And do you have a source for that figure?
Andy
http://cardealermagazine.co.uk/publish/average-new...
tamore said:
absolutely. right here, right now they are out of reach for the masses.
And yet Priuses (Prii?) are among the most-traded for the Tesla Model 3...If the car’s overall value proposition and driving/ownership experience is good enough, consumers will stretch their budgets a bit if necessary.
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