EV v M8 v 840d
Discussion
I’ve an EV. I’ve been looking for a second car for my work run: 500 miles round trip nearly every week.
It’s really been a choice between a BMW 840d v a Tesla 3 long range. The Tesla is cheaper to run, but will mean stopping probably once each leg to top-up: as I’ve no charger at the destination.
I appreciate the Tesla is not as refined as the 840d, the latter is something I can fuel up at the start and not worry about again.
I’ve now seen a M8 gran coupe. This is a car I’ve liked for a while and I previously walked away from a M5 to get a more family friendly X5 50d at the time. The M8 is pricey but the insurance is “only” £800.
What do you think? If it’s the M8 then I think going to be using both the EV and M8 for the work commutes to ensure miles don’t rack up / cheap a lid of costs.
Thoughts?
It’s really been a choice between a BMW 840d v a Tesla 3 long range. The Tesla is cheaper to run, but will mean stopping probably once each leg to top-up: as I’ve no charger at the destination.
I appreciate the Tesla is not as refined as the 840d, the latter is something I can fuel up at the start and not worry about again.
I’ve now seen a M8 gran coupe. This is a car I’ve liked for a while and I previously walked away from a M5 to get a more family friendly X5 50d at the time. The M8 is pricey but the insurance is “only” £800.
What do you think? If it’s the M8 then I think going to be using both the EV and M8 for the work commutes to ensure miles don’t rack up / cheap a lid of costs.
Thoughts?
Nice problem to have.
I think if you actually sit and total up the costs of running both the M8 and the EV you'd probably not be far off just getting rid of the EV and using whatever you pay for it to fuel the M8.
I got rid of my M5 last year for a Tesla M3P with the plan of getting an older M alongside it, but the more I've thought about it I'd rather just trade in the Tesla for another M and put the monthly towards fuel.
Obviously it's a different scenario if your EV is through salary sacrifice or something - but for me 2 loads of insurance, maintenance, tax etc was hard to justify when I'd probably end up picking up the keys to the BMW most of the time anyway...
2 cars would be nice but unless the daily is a proper shed then I'm not sure it's actually cheaper.
I think if you actually sit and total up the costs of running both the M8 and the EV you'd probably not be far off just getting rid of the EV and using whatever you pay for it to fuel the M8.
I got rid of my M5 last year for a Tesla M3P with the plan of getting an older M alongside it, but the more I've thought about it I'd rather just trade in the Tesla for another M and put the monthly towards fuel.
Obviously it's a different scenario if your EV is through salary sacrifice or something - but for me 2 loads of insurance, maintenance, tax etc was hard to justify when I'd probably end up picking up the keys to the BMW most of the time anyway...
2 cars would be nice but unless the daily is a proper shed then I'm not sure it's actually cheaper.
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