Tesla v Something else
Tesla v Something else
Author
Discussion

ant1973

Original Poster:

5,693 posts

233 months

Monday 12th April 2021
quotequote all
I own my own business so the attractions of a low BIK company car are all too obvious and have been discussed at length previously.

Tesla Model 3 would be the obvious answer, but I cannot get on with how it looks and nor did I think the interior was anything to write home about. Acceleration was remarkable but the handling was pretty meh. I don't think you should feel that way about a car when spending between £45 - £60k. The latest projected depreciation figures for the M3P are c. £36k over 4 years and 40k. On the basis that I own the company, that is still a chunky loss that I will effectively shoulder.

In the post pandemic world, my commute, etc, is very short (20-30 miles a day tops). Very occasionally, I will have longer journeys to do.

I have my heart set on a Cayman and would rather spend my money on that for the longer journeys.

In terms of respectable commute cars, the e-Golf post 2018 seems to do 125 miles which would cover 99% of my journeys. £17 - 18k seems to get you a low mileage model 2-3 years old. I3 is the other option but it might be a bit too quirky for my tastes. But in a Golf you can turn up anywhere and it literally says nothing about you which suits me to a tee.

I am being penny wise pound foolish buying a low range obsolete model? I think it will still be worth £10k in 3-4 years which makes for cheap motoring.

Edit: I see that the ID3 Pro Life Model is projected to lose £16k over 4 years and 40k. I think you can pick one up for c. £28k new meaning £12k over 4 years.

Edited by ant1973 on Monday 12th April 10:26

Objective Alpha

97 posts

65 months

Monday 12th April 2021
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I have a Peugeot e-208 GT and its amazing, IMO best small electric car and acceleration to start with is similar to my GT86. lane position assist (self driving on motorways) a really nice dash design and quality is amazing. 10/10 would recommend

andburg

8,707 posts

197 months

Monday 12th April 2021
quotequote all
BIK?

Funny i thought small business all had pool cars that nobody paid any tax on

ant1973

Original Poster:

5,693 posts

233 months

Monday 12th April 2021
quotequote all
andburg said:
BIK?

Funny i thought small business all had pool cars that nobody paid any tax on
Some of us feel some basic obligation to follow the rules and not cheat the revenue!

oop north

1,708 posts

156 months

Monday 12th April 2021
quotequote all
ant1973 said:
andburg said:
BIK?

Funny i thought small business all had pool cars that nobody paid any tax on
Some of us feel some basic obligation to follow the rules and not cheat the revenue!
And HMRC are quite keen to check on this kind of thing. And you aren’t cheating the revenue - you’re cheating the rest of us. And tax evasion is a criminal offence

shiversaint

118 posts

68 months

Monday 12th April 2021
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oop north said:
And HMRC are quite keen to check on this kind of thing. And you aren’t cheating the revenue - you’re cheating the rest of us. And tax evasion is a criminal offence
Suggest you look into the definition of tax evasion. What OP is talking about is the polar opposite - they'll get whacked with tax with any company car, and they're seeking to buy a car that minimises this - these choices exist because HMRC wants business users to buy these types of car.

What a smooth brained post.

andburg

8,707 posts

197 months

Monday 12th April 2021
quotequote all
oop north said:
ant1973 said:
andburg said:
BIK?

Funny i thought small business all had pool cars that nobody paid any tax on
Some of us feel some basic obligation to follow the rules and not cheat the revenue!
And HMRC are quite keen to check on this kind of thing. And you aren’t cheating the revenue - you’re cheating the rest of us. And tax evasion is a criminal offence
Let me be clear, I am not self employed and have no pool or company car

ant1973

Original Poster:

5,693 posts

233 months

Monday 12th April 2021
quotequote all
andburg said:
oop north said:
ant1973 said:
andburg said:
BIK?

Funny i thought small business all had pool cars that nobody paid any tax on
Some of us feel some basic obligation to follow the rules and not cheat the revenue!
And HMRC are quite keen to check on this kind of thing. And you aren’t cheating the revenue - you’re cheating the rest of us. And tax evasion is a criminal offence
Let me be clear, I am not self employed and have no pool or company car
If it's any consolation, I had taken it as the joke that it was clearly intended to be!

ZX10R NIN

30,475 posts

153 months

Wednesday 14th April 2021
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ant1973 said:
Thanks very much for taking the time to post that for my benefit.
The Leaf at 14k makes the most sense because it's a decent EV & leaves you a healthy budget for the Cayman. wink

Wagonwheel555

909 posts

84 months

Thursday 15th April 2021
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Objective Alpha said:
I have a Peugeot e-208 GT and its amazing, IMO best small electric car and acceleration to start with is similar to my GT86. lane position assist (self driving on motorways) a really nice dash design and quality is amazing. 10/10 would recommend
The e-208 is the only affordable (i.e. sub £40k) EV that I actually like the look of but I just can't justify the switch over to one just yet.

Online reviews suggest 170-180 miles is top end of the mileage you get out of a charge which means I will be charging it every 3 days for my normal commute which is 90% motorway anyway so unsure if I would even get that sort of mileage. I only do 150 miles a week for the commute and probably another 50-60 on weekends.

The small boot concerns me also as we have a 1 year old so although we have a 330D, I don't want to be thinking we can't ever use the EV for days out because its just not big enough or because I forgot to charge it etc. If we go out for the day, the stroller needs to come with us plus his eating chair thing, plus the changing bag plus some toys. Plus anything else we need to take with us on a day out so having a half decent boot is needed for us and £250-300pm for something I am restricted to use just doesn't play out for me.

lucky94msuk

1 posts

64 months

Thursday 15th April 2021
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i think Ford Mustang Mach-E best alternative Priced in the $40,000 range, the Ford Mustang Mach-E is an exceptional value. It delivers comparable comfort and practicality to gas-powered compact SUVs in a more efficient and fun-to-drive package. It's still more affordable than the typical luxury crossover, yet the design and feature set feels decidedly premium. Drivers get a digital gauge cluster, a massive infotainment screen, and an available 10-speaker premium audio system. There is plenty of cabin and cargo room for everyday driving, and the ride is quiet and comfortable for long commutes. Ford links the Mach-E to the Mustang sports car in many ways, but this is no imitator. It's a well-executed introduction for first-time electric vehicle customers to the next generation of driving.

GreatGranny

9,519 posts

254 months

Thursday 15th April 2021
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Wagonwheel555 said:
The small boot concerns me also as we have a 1 year old so although we have a 330D, I don't want to be thinking we can't ever use the EV for days out because its just not big enough or because I forgot to charge it etc. If we go out for the day, the stroller needs to come with us plus his eating chair thing, plus the changing bag plus some toys. Plus anything else we need to take with us on a day out so having a half decent boot is needed for us and £250-300pm for something I am restricted to use just doesn't play out for me.
With only 1 child I wouldn't worry about lack of space, you have 2/3 of the back seat spare as well as the boot.



Dump the eating chair thing at home (whatever that is) baby can sit in the pushchair to eat or use highchairs if having a meal smile

ilikejam

1,227 posts

144 months

Thursday 15th April 2021
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I know they're basically the same car, and aren't out yet, but I really like the look of both the Hyundai Ioniq and the Kia EV6.

I've read it several times, but I still don't believe it - the Ioniq has a longer wheelbase than an A6 yikes





Edited by ilikejam on Thursday 15th April 10:10

Scootersp

4,105 posts

216 months

Thursday 15th April 2021
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What about a used BMW i8?




page3

5,188 posts

279 months

Thursday 15th April 2021
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lucky94msuk said:
i think Ford Mustang Mach-E best alternative Priced in the $40,000 range.
Where do you get that price from? The UK base price appears to be over $55,000.