EV ordered

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Discussion

jason61c

Original Poster:

5,978 posts

175 months

Thursday 16th December 2021
quotequote all
JD said:
I mean you were the resident expert telling everyone on here how bad they were, so surely you would know?
totally was about the us built ones, not sure when the Chinese ones arrived?

Still looks like a wet bar of soap. Still lacks some simple buttons/controls inside. Still too expensive for what it is.

ZesPak

24,439 posts

197 months

Thursday 16th December 2021
quotequote all
jason61c said:
Still too expensive for what it is.
But it isn't, though.
jason61c said:
A combination of discounts on lease(its a company car), delivery time(4 weeks), together with range means its the only thing that would work for me.
It's basic economics.

You might find it too expensive for what it is, but for a lot of people it's very reasonable. Residuals are high, it has great performance, good network and good range and is available at this price.

I do find it odd that I see a lot of people leasing EV's on 10k miles contracts. Part of what made sense to me was that I was spending 4000 EUR/year on fuel for a 4 cyl diesel.

SWoll

18,503 posts

259 months

Thursday 16th December 2021
quotequote all
They're predominantly company cars so the big saving compared to ICE in the UK is BIK tax. Can easily add up to £4-5k per year before any fuel saving.

ZesPak

24,439 posts

197 months

Thursday 16th December 2021
quotequote all
I "needed" both tax and fuel to make the man maths work hehe

jason61c

Original Poster:

5,978 posts

175 months

Friday 17th December 2021
quotequote all
SWoll said:
They're predominantly company cars so the big saving compared to ICE in the UK is BIK tax. Can easily add up to £4-5k per year before any fuel saving.
on the flip side, loosing the 45ppm or 27ppm does balance out. Especially given rising electricity costs.

jason61c

Original Poster:

5,978 posts

175 months

Friday 17th December 2021
quotequote all
ZesPak said:
jason61c said:
Still too expensive for what it is.
But it isn't, though.
jason61c said:
A combination of discounts on lease(its a company car), delivery time(4 weeks), together with range means its the only thing that would work for me.
It's basic economics.

You might find it too expensive for what it is, but for a lot of people it's very reasonable. Residuals are high, it has great performance, good network and good range and is available at this price.

I do find it odd that I see a lot of people leasing EV's on 10k miles contracts. Part of what made sense to me was that I was spending 4000 EUR/year on fuel for a 4 cyl diesel.
For a lot of people, £50k on a car like the model 3 is a lot of money for a lot of people.

Welshbeef

49,633 posts

199 months

Friday 17th December 2021
quotequote all
jason61c said:
It totally pains me to say it, i've given in and ordered a model 3 long range.

A combination of discounts on lease(its a company car), delivery time(4 weeks), together with range means its the only thing that would work for me. I really dislike tesla's, I dislike the build quality. I like the range.

The massive nudge is my own car having increased in value by 10k over what I paid for it 9 months ago, so the time feels right to make the jump.

Hopefully in 3 years, they'll be more options, shorter lead times.
I assume your keeping the Datsun series 1? If so you’d be switching from an IS220diesel to a Tesla - that’s a very smart move in every way you’ll have zero regrets. Now if it was a V8/v12 or a screaming I4 you might have cause to be sad but not so in this case wink.

jason61c

Original Poster:

5,978 posts

175 months

Friday 17th December 2021
quotequote all
Welshbeef said:
jason61c said:
It totally pains me to say it, i've given in and ordered a model 3 long range.

A combination of discounts on lease(its a company car), delivery time(4 weeks), together with range means its the only thing that would work for me. I really dislike tesla's, I dislike the build quality. I like the range.

The massive nudge is my own car having increased in value by 10k over what I paid for it 9 months ago, so the time feels right to make the jump.

Hopefully in 3 years, they'll be more options, shorter lead times.
I assume your keeping the Datsun series 1? If so you’d be switching from an IS220diesel to a Tesla - that’s a very smart move in every way you’ll have zero regrets. Now if it was a V8/v12 or a screaming I4 you might have cause to be sad but not so in this case wink.
I've haven't switched from an is220d. That was years ago I had that(best stereo of any car). Still have the 240z.

last car was an e400d all terrain.

dmsims

6,555 posts

268 months

Friday 17th December 2021
quotequote all
jason61c said:
For a lot of people, £50k on a car like the model 3 is a lot of money for a lot of people.
A 320d is £40-£46k without options

jason61c

Original Poster:

5,978 posts

175 months

Friday 17th December 2021
quotequote all
dmsims said:
A 320d is £40-£46k without options
a 320d starts at £37.

Ignoring this strange time of car prices, you'd normally get 15+% off a bmw.

ZesPak

24,439 posts

197 months

Friday 17th December 2021
quotequote all
jason61c said:
a 320d starts at £37.

Ignoring this strange time of car prices, you'd normally get 15+% off a bmw.
And it'll lose that again the moment you roll it out the showroom.

dmsims

6,555 posts

268 months

Friday 17th December 2021
quotequote all
jason61c said:
a 320d starts at £37.
Not he X-drive

Welshbeef

49,633 posts

199 months

Friday 17th December 2021
quotequote all
ZesPak said:
jason61c said:
a 320d starts at £37.

Ignoring this strange time of car prices, you'd normally get 15+% off a bmw.
And it'll lose that again the moment you roll it out the showroom.
You lose the vat instantly as it’s suddenly a non vat qualifying vehicle.

Possibly you’d be able to try to sell the car for not 80% of its paid price ie sell for 90% so mitigating half of the vat.

Heres Johnny

7,244 posts

125 months

Friday 17th December 2021
quotequote all
Welshbeef said:
You lose the vat instantly as it’s suddenly a non vat qualifying vehicle.

Possibly you’d be able to try to sell the car for not 80% of its paid price ie sell for 90% so mitigating half of the vat.
VAT depreciation is a myth,

Welshbeef

49,633 posts

199 months

Friday 17th December 2021
quotequote all
Heres Johnny said:
Welshbeef said:
You lose the vat instantly as it’s suddenly a non vat qualifying vehicle.

Possibly you’d be able to try to sell the car for not 80% of its paid price ie sell for 90% so mitigating half of the vat.
VAT depreciation is a myth,

Welshbeef

49,633 posts

199 months

Friday 17th December 2021
quotequote all
Heres Johnny said:
Welshbeef said:
You lose the vat instantly as it’s suddenly a non vat qualifying vehicle.

Possibly you’d be able to try to sell the car for not 80% of its paid price ie sell for 90% so mitigating half of the vat.
VAT depreciation is a myth,
In which case buying a car new you pay vat if you sell it instantly you don’t pay vat to HMRC so in reality you’ve seen appreciation

Heres Johnny

7,244 posts

125 months

Friday 17th December 2021
quotequote all
Welshbeef said:
Heres Johnny said:
Welshbeef said:
You lose the vat instantly as it’s suddenly a non vat qualifying vehicle.

Possibly you’d be able to try to sell the car for not 80% of its paid price ie sell for 90% so mitigating half of the vat.
VAT depreciation is a myth,
In which case buying a car new you pay vat if you sell it instantly you don’t pay vat to HMRC so in reality you’ve seen appreciation
There is always someone who doesn't understand and today it's you

VAT is a cost to put a car on the road, it's not really any different to an inport duty tax, the cost of manufacturing the car, transportation fees to the country etc. it's paid only once. Thereafter if any VAT is paid, its by a dealer on the delta between trade in and sell price.

You can't buy a used car that hasn't had the VAT already paid. (If you try to buy a VAT quyalifying car, you'll pay VAT on that)

Dealers like to try and kid you into thinking that you lose the VAT as you drive off the forecourt when you go to trade it back in, it's nonsense.

Before you comment again, google it... here's just one such debate that is less kind to people who think VAT is instant depreciation than I have been

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





Discombobulate

4,865 posts

187 months

Sunday 19th December 2021
quotequote all
Heres Johnny said:
There is always someone who doesn't understand and today it's you

VAT is a cost to put a car on the road, it's not really any different to an inport duty tax, the cost of manufacturing the car, transportation fees to the country etc. it's paid only once. Thereafter if any VAT is paid, its by a dealer on the delta between trade in and sell price.

You can't buy a used car that hasn't had the VAT already paid. (If you try to buy a VAT quyalifying car, you'll pay VAT on that)

Dealers like to try and kid you into thinking that you lose the VAT as you drive off the forecourt when you go to trade it back in, it's nonsense.

Before you comment again, google it... here's just one such debate that is less kind to people who think VAT is instant depreciation than I have been


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