Diesel, EV, or stick with petrol?

b0rn2sk8 said:
Who said anything about buying new?


I literally said about the plenty of reasonably priced used models in the market. A used EV isn’t going to depreciate to a lower value than it’s equivalent ICE car.

New buyers are taking the hit at the moment which means there are thousands of very good used vehicles available for not a lot of money and roughly the same price as their ICE equivalent…
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Used EV prices are crashing. Dealers can't get rid of them and many are refusing to buy. Yes they will drop lower, especially once the batteries are out of warranty. So you'll lose money no matter what at the moment.

I'm seeing lowish milage i3s dipping below 10k now for example. While eonomy petrol cars have crept up.
 
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If you plan to get a new car for this then EV all the way, that mileage everyday is perfect for a round trip with overnight charging at home. I don't believe EV's work if you can't charge at home personally.

Running, servicing and generally just driving it will all be a better experience. They are just easy to drive and on that kind of journey will save money.

Sure you can buy an old petrol, even find one of the magic ones that do 70mpg but compare the two cars directly and decide which you would rather be in.
 
Nasher said:
Used EV prices are crashing. Dealers can't get rid of them and many are refusing to buy. You'll lose money no matter that ATM.
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You’ll lose money on any car, it’s a depreciating asset. You are talking utter nonsense as usual.

Used EV prices are not crashing, they ‘crashed’ 6 months ago and are depreciating at their expected rate now. Used ICE cars are in ‘free fall’ by the same metric.

By ‘crashed’ it’s probably better characterised as ‘corrected back to historic levels from an over inflated covids shortages fueled by excess cash in the economy, panic buying and supply chain issues’.

Now prices are getting back to normal because supply is now exceeding demand because finance is expensive and it’s pushing buyers away.

Demand for used EVs is up year on year and the market is reasonably healthy.
 
Nasher said:
Except they have stalled recently, especially in Europe. The energy crisis has seen to that.
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The new market and the used market are different and have different issues impacting them. The energy crisis isn’t the main driver behind slowing demand in THE ENTIRE CAR MARKET.

Energy prices are 1/3 lower than they were a year ago when prices were still high. Home charging as dropped from 11/12p to 7.5p. 7.5p is what people were paying before energy prices skyrocketed.

Like I said, what you say has any basis in reality and the poster suggesting its daily Mail fodder was being generous, I say it’s more like the sun.

The entire car market is slowing because finance costs are having a huge impact. The true market rate for car finance is in the region of 10%. No one that has any sense is paying that.

Very manufacturer is offering reduced finance rates and very deep discounts on most of their stock, ICE or electric. Real new car prices are down significantly on a year ago despite list prices rising.
 
The crashing of prices is perfect for someone looking to do the change, I'm seeing loads of small city EV now that I might pick up just to do my city driving as an additional car because the prices have corrected in my favour, depreciation is never really a concern for me I don't chop and change.

I probably wouldn't lease a motorway hack though, if your commute mileage is ~15k it's going to be an expensive lease, you'd also want to budget for personal mileage, so probably looking at 20k mileage, as once you have the cheap running costs of an EV, you just use it all the time, well I do, I've put so much mileage on out Volvo because its cheap to run and lovely place to be in traffic, running my own daily ICE car is such a chore for that driving with its manual and ICE vibes etc. :D

Lots of cheap small to mid size EV 1-3yrs old that would cover OPs range and come with a lot of kit versus a 2011 Volvo that would handle the commute well I reckon if a new car is wanted and as he believes there's some Value in is Volvo perhaps it makes sense, for me if I was just changing for the job, I'd wait and see if the job is what I expectd before making any purchasing decisions off of it though.
 
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dave28 said:
get a petrol or diesel that can do 60 - 70 MPG

EV`s are crazily overpriced, 30K for car models that used to be regarded as low tier. No thanks
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Have you looked at the new car market recently? Prices for ICE cars are nuts.

A Corsa or fiesta are now £20k+ car
A BMW 1 series, A class or a3 are now around £30K for base models

Edit:

Base MG4 is £27K
MG4 xpower (0-60 3.7s) is £36k
 
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lordrobs said:
Looking just beyond the car element I'd be tempted to settle in to the job for a bit first as there are many factors when starting a new job. Every job sounds great at interview but the realities kick in a few months down the line, it may be as good or better than it sounds or it may be completely different. Is the 3 days per week set in stone or is it going to be a case of 'we need you in all week this week... and next' or 'No need to do three days in the office this week, maybe pop in on Tuesday for a catch up'? Also, that is a fairly hefty commute. Will an hours drive turn into two once you try it on a Monday morning?

All this will become clear after a few months and then you'd be in a better position to know what you want / need.
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This is exactly what you want to do. Run your car a bit longer. Check you like the job and enjoy the team.

Then salary sacrifice an EV if you want new.
 
sandys said:
Lots of cheap small to mid size EV 1-3yrs old that would cover OPs range and come with a lot of kit versus a 2011 Volvo that would handle the commute well I reckon if a new car is wanted and as he believes there's some Value in is Volvo perhaps it makes sense, for me if I was just changing for the job, I'd wait and see if the job is what I expectd before making any purchasing decisions off of it though.
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Yeah, any potential purchase would be a few months after settling in and knowing I'm happy there. I've specified it's 3 days only on-site for me and if it's not in the contract then I won't be going through with it. They didn't seem phased by that.

I got my T5 a few months back as the low mpg (24mpg average) are a non issue for my once a week 10 mile round trip. It's realistically worth about £4k more than I paid for it, I know it's only a Volvo but tidy, facelift C30 T5's are getting hard to find and some have gone for silly money recently.

So I guess I could make a few grand on it and use as a deposit on an EV of some sort later down the line as it might make more financial sense as a motorway daily. The mileage could bump the monthlies quite a bit though.
 
35mpg is maybe 20p per mile so £20.80
EV would be (charging at home on octopus overnight, currently 9p per kw) 3miles per kw ~ £3.11 per 104 miles. Addition, installation of charger (say £1000)
 
peige said:
35mpg is maybe 20p per mile so £20.80
EV would be (charging at home on octopus overnight, currently 9p per kw) 3miles per kw ~ £3.11 per 104 miles. Addition, installation of charger (say £1000)
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If they have a salary sacrifice scheme, they may install the charger FOC. This is what octopus does.
 
I have to start a 120 mile round trip commute two days a week from Jan.

If I had a driveway, I would have gone EV on the company salary sacrifice scheme. But with no home charging, it's just not practical with the **** state of public charging.

I ended up buying an 2012 avensis diesel which returns 50+ mpg and 35quid a year tax. I'll run this until it conks out and hopefully EV ownership without home charging will be feasible, although I expect that to be 5+ years.
 
Funky-Melon said:
I'm not sure if I should be looking to swap it for a diesel or even lease an EV, or just pay the £200+ a month in petrol.
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312 / 34 = 9.176 Gallons /41.717 L @~ £1.56L (AA average) so ~£65 per week in fuel costs, or £3,123 based on a 48 working week year. Just for fuel.

If you bought a USED EV that is on the low cost, and reasonable efficiency, then you are looking at 78kWh (4m/kWh) or £5.85 per week, or £280 per year. Based on using an EV tariff charging at home for ~7.5p/kWh. You should take into account charging losses at ~10%, as well so another £28.

So you've got a £2,814 difference for a single year - if you were to buy something like a Hyundai Ioniq 38kWh which are great on price and efficiency, as well as having a good base spec, even after a year of usage I doubt you'd have lost less than you saved, depending on your savings rates/loan costs or if you'd be selling the Volvo to part fund etc.
After the second year you'd easily be quids in and a 2021 version is ~£13.5-14k with plenty of warranty remaining and very low servicing costs. You would have to buy a type-2 wall box to plug-in and charge it but that is a longer term investment, which would likely see you through many vehicles

There are plenty of other vehicles to consider, but used prices at the lower end have stabilised and are now heading the other direction, e-208, Leaf, Corsa-e, Hyundai Kona, and many more I have forgotten. I'd go test drive some, and see what you think, however I doubt I'd commit to a lease for 2-3 years for a brand new job, at least if you buy it the potential losses are much lower. :)
 
Nasher said:
But you lose all those savings and more on the cost of the car then depreciation.
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A 41kw Zoe (which will easily do a 104 mile round trip even in winter) is ~£10k.

Taking the ~£200/month fuel savings means the car will have FULLY paid for itself in just over 4 years. So what you're claiming is that in 4 years, a £10k EV will be worth a negative amount? :cry:

@Funky-Melon please just ignore anything @Nasher posts about EVs - if you check out the main EV thread you'll see he literally just posts the same nonsense over and over which is easily debunked, I can only assume he has a huge number of shares in BP or something.

Your cheapest option will be to keep the current car, but if you want a new (to you) car, then an EV is certainly going to be a competitive option, and IMO worth it, if for nothing other than never having to visit a petrol station again.

The only thing you might want to bear in mind is - given your other half's ICE is pretty small - the viability of using the EV for long journeys.
 
Yea you'll never have to visit a petrol station again, but you'll have the hassle of having to find and wait for (working) charging points. Great.
 
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You find that in your driveway

Just need to make sure the small ev you purchase has the right on-board charger to put in enough kw to cover miles over night in your chosen off peak window, my car for example is crap ( its a phev so not serious ev, it has aslow 3.6kw charger and low efficiency car ) and equates to about 7 to 8 miles an hour in winter, this is fine for us always overnight charging on drive and rarely go far, but you'll want to get 100 in overnight to commute and if your chosen car only does 3mpkw because of speed and cold, you need to get 35 to 40kw in within your charging window a 3.6 on-board is not going to cut it.

Just something to think about on older low spec cars, faster obc like 7.4kw etc can be optional extra.
 
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