How much is your EV costing you to run?
Discussion
SWoll said:
Pica-Pica said:
SWoll said:
IME tyres and brakes are going to last longer than in an ICE vehicle despite the added weight due to how the power is delivered and regen braking. Our Model 3 Performance was still running its original Michelin P4S after 20k miles and the brakes were barely worn. Similar story with our current etron 55, approaching 10k miles and little sign of wear.
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All that tyre and brake wear is eminently achievable in a reasonably powerful ICE too. ‘How the power is delivered’ is controllable in an ICE too, by sympathetic, yet not necessarily slow, driving. I would be disappointed with tyres needing changing below 30k miles. My tyres have done 14k miles and I have just this minute measured the remaining tread at 6mm rears, and 6.5mm front (335d). They replaced the original 19” at 32k miles, which I replaced with 18” for comfort, those 19” tyres probably would have reached 36-40k miles..
If you're getting that kind of life you must be driving very sensibly, or do a lot of motorway miles? I did neither in our Tesla.
I haven't found any improvement in tyre wear though. EV's are heavier than ICE and gifted with insanely high levels of torque, not a great combo in terms of tyre life! That said, it's only marginally more than in other ICE cars we have had so the extra cost per mile is fairly insignificant.
On another point regards running costs for an EV, there are still subscription services available that for a set amount per month allow unlimited charging. It depends where your journeys are as to whether or not a suitable scheme and chargers are available, but it's worth a look if you do regular long distance drives along the same route.
You can also often add 20-30 miles at many supermarkets and shopping centres for free, assuming a charger is available when you're there. Not something to rely upon but at least half the time I find a free charger.
knitware said:
TheDeuce said:
Indeed, EV brakes last a very long time, way longer than any ICE as they're simply not be used most of the time -
Indeed, if on a journey I use my brakes then, I'm my imaginary game, I lose points
Nissan Leaf - 64 Reg - Owned from new - 64k miles.
VED - Zero
Insurance - £200/year - decent policy with Aviva
Electricity - Approx £25/month Octopus Go to cover 700 miles - was mainly free for first 20k miles as I used Ecotricty at my local motorway services.
Servicing - £100/year at indy, was £180/year at main dealer
MOT - standard price
Tyres - Michelins £80/corner - fronts last 15k miles, rears, 25k
No other costs whatsoever in eight years other than one wheel bearing at £170.00 fitted. Not needed brake pads yet.
VED - Zero
Insurance - £200/year - decent policy with Aviva
Electricity - Approx £25/month Octopus Go to cover 700 miles - was mainly free for first 20k miles as I used Ecotricty at my local motorway services.
Servicing - £100/year at indy, was £180/year at main dealer
MOT - standard price
Tyres - Michelins £80/corner - fronts last 15k miles, rears, 25k
No other costs whatsoever in eight years other than one wheel bearing at £170.00 fitted. Not needed brake pads yet.
2021 Model 3 LR
Picked up new Dec 2020, now on 60k, averages about 3.5k miles per month
Charging - Home and Supercharger - Was £180 pm when new, now £340
Tyres - Standard fit Hankooks - 19k, Michelin PS4, 22k, Avon ZV7 (Don't ask) 13k, Now on Primacy 4 8k in and 5mm left
Servicing - £0 (Brakes have virtually no wear)
Our accountant is v, happy, we have saved over £16k in running costs (Against a Navara) in under 18 months, and after benefits at purchase, is still worth more than we paid for it with 60k on! The problem is the long waiting times for replacing with a new one - 8 months.
Took a bit of getting used to at first, didn't really like it for the first few weeks (apart from the savage acceleration, never get bored of that), but once you adapt your driving style to the car, I now prefer it to an ICE car, would I go back to ICE? In all honesty, probably not
Picked up new Dec 2020, now on 60k, averages about 3.5k miles per month
Charging - Home and Supercharger - Was £180 pm when new, now £340
Tyres - Standard fit Hankooks - 19k, Michelin PS4, 22k, Avon ZV7 (Don't ask) 13k, Now on Primacy 4 8k in and 5mm left
Servicing - £0 (Brakes have virtually no wear)
Our accountant is v, happy, we have saved over £16k in running costs (Against a Navara) in under 18 months, and after benefits at purchase, is still worth more than we paid for it with 60k on! The problem is the long waiting times for replacing with a new one - 8 months.
Took a bit of getting used to at first, didn't really like it for the first few weeks (apart from the savage acceleration, never get bored of that), but once you adapt your driving style to the car, I now prefer it to an ICE car, would I go back to ICE? In all honesty, probably not
I’m still waiting for an EV charge point to be fitted where I live (block of apartments, it’s in the process of going through final procurement via the management company now the OZEV grants are finalised, so hopefully won’t be long), so I’m paying 49p per kwh on the public charge network usually, but also charge for much less at the office.
My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
I was doing 100 miles a day x 5 day week commuting in my 2016 i3 Rex.
In summer that was 21kWh x 5p = £1.05/day
In Winter that was 21kWh x 5p + 1 litre petrol = ca £2.50/day.
Later changed to an i3S 42kWh battery so -
In summer that was 20kWh x 5p = £1.00/day
In Winter that was 26kWh x 5p = £1.30/day
Now have an Ioniq 5 but mainly work from home.
Battery gets around 50kWh every ywo weeks.
However, this week I need to make two Rail Depot visits at approx total 200 miles which will use approx 50kWh at 5.5p/kWh = £2.75.
Expense payment will be 45p/mile and so I will receive = £90.
In summer that was 21kWh x 5p = £1.05/day
In Winter that was 21kWh x 5p + 1 litre petrol = ca £2.50/day.
Later changed to an i3S 42kWh battery so -
In summer that was 20kWh x 5p = £1.00/day
In Winter that was 26kWh x 5p = £1.30/day
Now have an Ioniq 5 but mainly work from home.
Battery gets around 50kWh every ywo weeks.
However, this week I need to make two Rail Depot visits at approx total 200 miles which will use approx 50kWh at 5.5p/kWh = £2.75.
Expense payment will be 45p/mile and so I will receive = £90.
BorkBorkBork said:
I’m still waiting for an EV charge point to be fitted where I live (block of apartments, it’s in the process of going through final procurement via the management company now the OZEV grants are finalised, so hopefully won’t be long), so I’m paying 49p per kwh on the public charge network usually, but also charge for much less at the office.
My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
Yet another post ignoring the fact you have to own the car, the simple way is a PCP quote on both cars, once you factor that in for low mileage users there is no saving as it going to cost you around £200 a month extra to purchase the car car which wipes the "savings out". My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
Higher milage users with home charging can save reasonable sums, not for getting to add the cost of the home charging point
ashenfie said:
BorkBorkBork said:
I’m still waiting for an EV charge point to be fitted where I live (block of apartments, it’s in the process of going through final procurement via the management company now the OZEV grants are finalised, so hopefully won’t be long), so I’m paying 49p per kwh on the public charge network usually, but also charge for much less at the office.
My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
Yet another post ignoring the fact you have to own the car, the simple way is a PCP quote on both cars, once you factor that in for low mileage users there is no saving as it going to cost you around £200 a month extra to purchase the car car which wipes the "savings out". My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
Higher milage users with home charging can save reasonable sums, not for getting to add the cost of the home charging point
I’ve already offset the full cost of the EV against corp tax, so that’s saved the business £20k+ in the first year. The car is worth roughly £25k more than what we paid for it too. Neither of which would be true with an RS4.
I’d stick to posting about your own personal experiences with EV ownership and costs rather than trying to pull apart what others have posted.
BorkBorkBork said:
ashenfie said:
BorkBorkBork said:
I’m still waiting for an EV charge point to be fitted where I live (block of apartments, it’s in the process of going through final procurement via the management company now the OZEV grants are finalised, so hopefully won’t be long), so I’m paying 49p per kwh on the public charge network usually, but also charge for much less at the office.
My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
Yet another post ignoring the fact you have to own the car, the simple way is a PCP quote on both cars, once you factor that in for low mileage users there is no saving as it going to cost you around £200 a month extra to purchase the car car which wipes the "savings out". My previous daily was an RS4, so here’s the comparison at 49p per kwh for the Taycan against £1.85 per litre premium for the RS4.
As it was bought new via the business, the tax benefits and cheap BIK made it an easy choice, so the £3.5k or so I’ll be saving in fuel costs per year (actually it’s much more than that as the business pays, so reduces tax liability even further) is a bonus. It’s probably depreciation proof over the next couple of years too, and it’s a much better car in every way.
I wasn’t sure about EV’s a few years ago, but after living with one for a while now, I’m impressed. Yes, the charging network could be improved, but I haven’t had much range anxiety.
Higher milage users with home charging can save reasonable sums, not for getting to add the cost of the home charging point
I’ve already offset the full cost of the EV against corp tax, so that’s saved the business £20k+ in the first year. The car is worth roughly £25k more than what we paid for it too. Neither of which would be true with an RS4.
I’d stick to posting about your own personal experiences with EV ownership and costs rather than trying to pull apart what others have posted.
You have to compare a L4L spec with PCP or lease, when I did the costings, the EV was cheaper. In this case it was a MINI Electric SE vs MINI Cooper S. Lease were higher for the petrol as they still are. Add in home charging @ 1.25ppm (will probably rise to 1.8ppm in December) vs petrol @ 20ppm and not needing anything more than 50 miles a day then it's a no-brainer.... for my particular case
Electric Level 2 (decent level of spec inc Pro Nav) :
Dep: £1436
35 months @ £420.34
Total £16147.90
Mini Cooper S Sport (with Nav):
Dep: £1557.73
35 months @ £427.25
Total £16511.48
Already have a home charging point.
Correct as per LeaseLoco.
We bought ours cash, so currently better off as the list prices have risen and residuals are excellent.
Edited by Maracus on Monday 6th June 13:19
Im just going through the process of working all this out for a Model Y vs a VW Touareg diesel.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
simonwhite2000 said:
Im just going through the process of working all this out for a Model Y vs a VW Touareg diesel.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
Is that all based upon home charging at current standard rates? On an overnight rate I'd expect to see the charge cost drop quite a bit.Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
simonwhite2000 said:
Im just going through the process of working all this out for a Model Y vs a VW Touareg diesel.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
Having the charger fitted isn't really a running cost. At some point you're going to need one regardless and it will then be used for potentially several EV's over the years.Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
You could charge off the granny charger that comes with the car for free for your mileage too.
Whatever way the costs are compared, I'd need to saving a lot more than £300 a year to consider going back from EV now. There's always a saving to be made on motoring if you're happy to have a worse car.
simonwhite2000 said:
Im just going through the process of working all this out for a Model Y vs a VW Touareg diesel.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
Have you included servicing costs? You'll need to service the VW every 12 months, the Tesla should need bugger all.Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
For 600 miles a month you really don't need a dedicated charger either. We've averaged 1000 miles per month for the past 3 years using a granny charger, assuming you have somewhere close to where you park to plug it in?
SWoll said:
simonwhite2000 said:
Im just going through the process of working all this out for a Model Y vs a VW Touareg diesel.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
Have you included servicing costs? You'll need to service the VW every 12 months, the Tesla should need bugger all.Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
For 600 miles a month you really don't need a dedicated charger either. We've averaged 1000 miles per month for the past 3 years using a granny charger, assuming you have somewhere close to where you park to plug it in?
Another option is to just extend my current car for another year at the same price and see how things pan out.
Island Hermit said:
Mercedes W205 C220d
Standard diesel with the odd v power tank: £1,400 a year
Maintenance: About £600 a year on average (Service A/B etc.)
Insurance: £300 a year
Road “fund” license: £520 a year up from £450
Total: £2,820 a year (approximately).
BMW i3Standard diesel with the odd v power tank: £1,400 a year
Maintenance: About £600 a year on average (Service A/B etc.)
Insurance: £300 a year
Road “fund” license: £520 a year up from £450
Total: £2,820 a year (approximately).
BEV 9,000 miles p.a. @ 1p mile* = £100
Maintenance: 1 tyre (damaged) £125
Insurance: £251 p.a.
RFL: £0
Total: £476 (inc bad luck/tyre)
* 4.5p/kW 00.00-05.00GMT @ 3.9 Mi/kWh (15.9 kWh/100km)
simonwhite2000 said:
SWoll said:
simonwhite2000 said:
Im just going through the process of working all this out for a Model Y vs a VW Touareg diesel.
Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
Have you included servicing costs? You'll need to service the VW every 12 months, the Tesla should need bugger all.Model Y is £1500 more upfront and £21 a month more and then I need to get a charger fitted. Over 36 months it works out I would save 972 quid based on doing 600 miles a month. £56 to charge the Y twice vs £133 to fill the Touareg from empty.
£324 a year isnt pittance but its not significant really so I might hold off on the move to electric.
For 600 miles a month you really don't need a dedicated charger either. We've averaged 1000 miles per month for the past 3 years using a granny charger, assuming you have somewhere close to where you park to plug it in?
Another option is to just extend my current car for another year at the same price and see how things pan out.
https://www.volkswagen.co.uk/en/owners-and-drivers...
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