Electric cars at work

42

Striker
I’ve already said I’m just going to run a cable out the house window and across the kerb if I have no other choice.
I normally wouldn’t have gone near an EV, but the scheme we’ve got is so cheap you’d be mad not too, so I’m just going to have to find a way to charge it.

I think there will be a sea change in ownership, and the majority will be leasing by then anyway.
Current car is paid off, but let’s say £150 HP. I spend £200 on fuel and say £100 on all the bills combined. Total £450 per month.
EV Lease - 350 per month, with all bills included. That means I’ve got up to £100 to spend on charging before I even reach the diesel car cost.

Compare them that way and all of a sudden they become enticing. However, most people won’t have access to such a scheme. Yet.

Like the other one you're coming from the angle of high daily milage cos that's what you do. For me personally, I don't have that long daily commute so any fuel savings arent that great & don't come close to offsetting the price of the car. And with more people working from home, doing less milage.........unless the cost comes down a lot, loads just won't buy one as they'll be worse off.
 


Dave Herbal

Striker
Like the other one you're coming from the angle of high daily milage cos that's what you do. For me personally, I don't have that long daily commute so any fuel savings arent that great & don't come close to offsetting the price of the car. And with more people working from home, doing less milage.........unless the cost comes down a lot, loads just won't buy one as they'll be worse off.
Yeah I agree. However, the price on our scheme is dependent on mileage. If you do under 5k per year, that 350 a month becomes 250 a month. You’re telling me you wouldn’t consider a brand new car for 250 a month, including all bills and insurance? Your charging costs will be nowt as well, due to the low mileage.
What we need is more companies offering these all in one schemes to private individuals.
And let’s not forget, what’s going to happen to all these 3 year old cars when the lease runs out?
 

42

Striker
Yeah I agree. However, the price on our scheme is dependent on mileage. If you do under 5k per year, that 350 a month becomes 250 a month. You’re telling me you wouldn’t consider a brand new car for 250 a month, including all bills and insurance? Your charging costs will be nowt as well, due to the low mileage.
What we need is more companies offering these all in one schemes to private individuals.
And let’s not forget, what’s going to happen to all these 3 year old cars when the lease runs out?

I've got a brand new car, and it costs me less than that.

Depreciation is about £100 & insurance £40. Repairs shouldn't start to kick in for another 3 or 4 years.

The thing with leases, when you hand them back you can end up with hefty bills for scratches & stuff.
 

legend7

Midfield
I've got a brand new car, and it costs me less than that.

Depreciation is about £100 & insurance £40. Repairs shouldn't start to kick in for another 3 or 4 years.

The thing with leases, when you hand them back you can end up with hefty bills for scratches & stuff.
What did you get for under 250 a month brand new with no deposit including insurance etc plus fuel savings?
I'm genuinely interested as a friend is looking for a new cheap car
 

42

Striker
What did you get for under 250 a month brand new with no deposit including insurance etc plus fuel savings?
I'm genuinely interested as a friend is looking for a new cheap car

Was the £100 depreciation comment not a clue that its not on finance/lease.?
 

legend7

Midfield
Was the £100 depreciation comment not a clue that its not on finance/lease.?
Ah the first line of your quote said I've got a brand new car and it costs me less than that?
That's why I asked sorry.
So you bought it outright I take it
 

Billy Fish

Striker
Like the other one you're coming from the angle of high daily milage cos that's what you do. For me personally, I don't have that long daily commute so any fuel savings arent that great & don't come close to offsetting the price of the car. And with more people working from home, doing less milage.........unless the cost comes down a lot, loads just won't buy one as they'll be worse off.
You do puzzle me, you say you need a car with a 400 mile range yet here you say you don't have a long daily commute.
 

legend7

Midfield
Was the £100 depreciation comment not a clue that its not on finance/lease.?
And I know at the minute it's skewed in the market but 100 a month depreciation in normal times seems way too low, obviously depends on the cost of the car?
 

42

Striker
You do puzzle me, you say you need a car with a 400 mile range yet here you say you don't have a long daily commute.

It's for the 4 or 5 times a year when we'll have a trip away. I don't have the patience to clart on charging it & possibly trying to hunt down an available slot.
And I know at the minute it's skewed in the market but 100 a month depreciation in normal times seems way too low, obviously depends on the cost of the car?

It's about that straight line over 10 years which is how long I plan to keep it (also got a couple of grand towards the deposit if I took the finance, then just paid off which helped)
 
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legend7

Midfield
It's about that straight line over 10 years which is how long I plan to keep it (also got a couple of grand towards the deposit if I took the finance, then just paid off which helped)
Ah if you're keeping it 10 years that's a bit different but still think you'll be lucky for it to have only cost you 100 a month in depreciation.
Fair comment though.
What is it out of interest?
 

Billy Fish

Striker
It's for the 4 or 5 times a year when we'll have a trip away. I don't have the patience to clart on charging it & possibly trying to hunt down an available slot.


It's about that straight line over 10 years which is how long I plan to keep it (also got a couple of grand towards the deposit if I took the finance, then just paid off which helped)
Fine, as I said earlier if you've got a new car anyway it makes sense for now to make use of it and see how the land lies when it's had its day.
The early EV adopters will plough on and get all those issues you've got ironed out for when you're ready to change.
 

42

Striker
Ah if you're keeping it 10 years that's a bit different but still think you'll be lucky for it to have only cost you 100 a month in depreciation.
Fair comment though.
What is it out of interest?

Hyundai i20 cost about £14k net, so closer to £115 a month
 

legend7

Midfield
Hyundai i20 cost about £14k net, so closer to £115 a month
Sis has one, nice little car actually.
Guess it depends what you want, I do think when you look at the cars though and you obviously will get mot costs then @Dave Herbal does still have a bargain too though and will have lower fuel costs.
Good buy though mate 👍
 
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Billy Fish

Striker
Hyundai i20 cost about £14k net, so closer to £115 a month
The new model Tesla are bringing through for £18k would be £4k more than that and have far less depreciation and by your calc will save you £550 a year in fuel based on today's fuel costs so would be very competitive in comparison. It will probably have a range of over 200 miles when it comes to market , well within your daily commute so your only problem then would be having to find somewhere to charge on those 4 times a year you go on a journey.
Possibly the age of EV being suitable to the likes of yourself isn't too far away.
 

Dave Herbal

Striker
The people flapping about there being no infrastructure - consider that if the last ICE engine car is sold in 2030, you can expect oil companies to keep supporting petrol for its lifetime, which probably gives you until 2040. Hopefully things might have changed a bit by then
 

Billy Fish

Striker
The people flapping about there being no infrastructure - consider that if the last ICE engine car is sold in 2030, you can expect oil companies to keep supporting petrol for its lifetime, which probably gives you until 2040. Hopefully things might have changed a bit by then
As mentioned up thread though Dave, how many supermarket petrol filling stations are going to stay open after 2030? They're expensive places to operate and maintain and they'd also be accused of encouraging the continuing use of polluting vehicles which would severely dent their social responsibility. You'll be struggling to find anywhere to buy petrol.
 

Dave Herbal

Striker
As mentioned up thread though Dave, how many supermarket petrol filling stations are going to stay open after 2030? They're expensive places to operate and maintain and they'd also be accused of encouraging the continuing use of polluting vehicles which would severely dent their social responsibility. You'll be struggling to find anywhere to buy petrol.
Yes, but there’ll still be pumps dotted around i imagine. I’ve just thought though - what are planes going to do when the oil runs out?
 

42

Striker
As mentioned up thread though Dave, how many supermarket petrol filling stations are going to stay open after 2030? They're expensive places to operate and maintain and they'd also be accused of encouraging the continuing use of polluting vehicles which would severely dent their social responsibility. You'll be struggling to find anywhere to buy petrol.

Wishful thinking I'm afraid.
Even the government is predicting that 50% of cars on the road by 2030 will still be ICE. Don't forget that hybrids are being allowed until 2035. It'll be 2050 at earliest when petrol stations might become rare.

Many industry leaders are expressing similar concerns to myself. If these challenges can be overcome, then great if not then 2nd hand petrol cars will keep their value
Yes, but there’ll still be pumps dotted around i imagine. I’ve just thought though - what are planes going to do when the oil runs out?

Hydrogen
 

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