EV general discussion

[Greebo]

Yes you should absolutely be bothered. If the 'cheaper' deal you have is 29% interest then there is scope to get it even cheaper (even if the 29% option is less cost).
Basically what you're saying is that it is okay to get ripped off, if the deal you go for is cheaper than another one.

No I am not and the 29% was flippant. What I was saying is that somebody was quite prepared to discount buying a car because interest rate was perceived to be high at lets say 8% but would then quite happily lease a car but if you added up the total cost of ownership over the three years and the lease car cost more. If buying/PCP the car even at 8% works out the cheapest then thats all that matters.

Hence people shouldnt get hung up about what interest rate something is. Yes shop around to get the best interest rate you can but if that deal with the high interest rate is still the cheapest over the ownership of the car then that is what matters.

For example, a few years ago I was buying a new car and managed to get £18k off the list price from a dealer but his interest rate was higher than everybody else.

Nobody could get within £6k of him on purchase cost though so even with the higher intertest rate, I paid less for the car over three years. thats all that mattered. It was irrelevant that I paid him £2k more in interest than anybody else.

 

[Jez]

SDK (and the rest of us) would counter your last example by asking why you didn't terminate the finance near immediately after scalping such an impressive discount? Expensive finance is expensive finance....by all means use it to drive a deal, but then have replacement funding in place.

 

[Basher]

SDK (and the rest of us) would counter your last example by asking why you didn't terminate the finance near immediately after scalping such an impressive discount? Expensive finance is expensive finance....by all means use it to drive a deal, but then have replacement funding in place.

You beat me to it

 

[Greebo]

SDK (and the rest of us) would counter your last example by asking why you didn't terminate the finance near immediately after scalping such an impressive discount? Expensive finance is expensive finance....by all means use it to drive a deal, but then have replacement funding in place.

Laziness on my part.

 

[jpaul]

On the P*, yeah I think it's just too expensive. Don't get me wrong, I LOVE mine and think the Leather/PP really adds to it, but if it was my money I wouldn't spend the extra £9k on them.

seeing oehlins advertising -- just need to find a bumpy road, during a test drive ,to explore the dfv ... a variant is on nascars etc.
https://www.ohlins.com/2019/07/ӧhlins-adjustable-dampers-offered-new-polestar-2-electric-fastback/
https://motoiq.com/how-does-the-ohlins-dfv-valve-work/

europe has several oolstar versions then

Three drive trains are now available. In addition to the already available 300 kW dual motor (408 PS) with the large 78 kWh battery, there are now two versions with one motor - either also with a 78 kWh battery and a 170 kW motor (231 PS) or with a smaller 64 kWh battery and a 165 kW motor (224 hp).

According to the preliminary WLTP measurement result, the smallest battery, in combination with the 165 kW motor, manages 420 to 440 kilometers. As a variant with a 78 kWh battery and 170 kW motor, the preliminary range is 515 to 540 kilometers according to a press release. The largest variant with two engines still has a range of 450 to 480 kilometers.

 

[Spleen Sauce]

Thanks for all of the advice/guidance on the lease/PCP. To be honest I think I'm just throwing my toys out of the pram because the EGR valve is throwing errors on my car yet again thanks to the short journeys I've had to do recently, and instead of being sensible, getting it cleaned/repaired and either keeping the car or changing it for something a few years old and relatively-cheap, I've gone 'f'k it, get rid of ICE and go Tesla'....

 

[chanjy]

Sorry, I wasn't clear - that's teh Zoe we have! We're looking to upgrade, either to a new Zoe or an ID3. So, I want to hear whether the drive is better, what the ID3 is like in terms of infotainment and tech, and the perceived upgrade over the Zoe.

We have tried to test drive an ID3, but we want upper spec list, and they only have the boggo version to drive

So I got into a 1st Edition yesterday. Not entirely sure if it was a 150hp or 200hp model but it felt pretty fast so I suspect the 200hp.

It was actually really good. Refinement is a couple of levels above the Zoe, you feel much more insulated from the road and it’s smooth and quiet in there. You can tell it’s RWD as well when it accelerates and it does handle surprisingly well.

Infotainment was good. Wireless CarPlay worked perfectly but my god touch sensitive buttons do my head in. Even for the temperature it’s touch sensitive which is completely unnecessary. The steering wheel buttons are also capacitive touch which isn’t needed at all. Just give me buttons ffs

also the software wasn’t up to date which mean it was giving me speed limit exceeded warnings every time I went over the kph not the mph (so warnings when I went 23 mph in a 30). Apparently the latest software from January fixes this but you would have though VW would upgrade their demo cars rather than let this happen?

All in all I would definitely take one of these over a new Zoe but not sure if I’m willing to pay an extra £15k to get into one compared to keeping our 3 year old one.

 

[Spleen Sauce]

Even for the temperature it’s touch sensitive which is completely unnecessary

I hate this so much now that I genuinely think it might put me off buying a car with them. Its ridiculous.

 

[Basher]

Laziness on my part.

seeing oehlins advertising -- just need to find a bumpy road, during a test drive ,to explore the dfv ... a variant is on nascars etc.
https://www.ohlins.com/2019/07/ӧhlins-adjustable-dampers-offered-new-polestar-2-electric-fastback/
https://motoiq.com/how-does-the-ohlins-dfv-valve-work/

europe has several oolstar versions then

Yeah, in the standard setting, the ride Is pretty firm, and rather uncomfortable on certain roads around me. I'll probably get them adjusted to their softer settings.

 

[chroniclard]

Lease is up, electric car tempting as they are just cant seem to compare on value/performance, yet.

 

[Scottland]

Just had our order confirmed for the Kona (64KWh, Cyber Grey) for September. Just weighing up between a Pod Point or HyperVolt for home now.

 

[Yaayuh!]

Might look into EVs next year now, as we have a small child we'll be stopping more frequently over our long trips anyway. Still some inconvenience involved but certainly better situation now.
Finding one within budget might be the hard task, but we'll start looking soon.

 

[thewanted]

Back to back test drive of the Audi Q4 and ID.4 booked for tomorrow. Well excited

 

[R4z0r]

I think in about 4 years. Just bought a petrol car and think it will be my last. Tesla Model Y looks very tempting, I think in 4 years it will be even more tempting!

 

[XeNoN89]

My company has just started a company car scheme for electric cars. 3 year lease where the car, insurance, servicing etc all included in the month costs which comes out of salary before tax so you save quite a bit. Will be pretty tempting to do this once I actually need a car again.

 

[Spleen Sauce]

Turns out my boss (who's also the CEO of the business, always helps) has said he's open to the idea of changing my car allowance over into a company car instead. Now just need to find a good deal. Model 3 LR seems so expensive right now!!

 

[Journey]

Turns out my boss (who's also the CEO of the business, always helps) has said he's open to the idea of changing my car allowance over into a company car instead. Now just need to find a good deal. Model 3 LR seems so expensive right now!!

Does your car allowance not nearly match the cost of the M3 you were looking at? Surely keeping the allowance and using that to 'buy' a car will mean you've invested some of it at the end in the residuals. I guess that depends on the car allowance though, obviously once the BIK for company cars goes back to normal then you will probably be worse off as well.

 

[Spleen Sauce]

Does your car allowance not nearly match the cost of the M3 you were looking at? Surely keeping the allowance and using that to 'buy' a car will mean you've invested some of it at the end in the residuals. I guess that depends on the car allowance though, obviously once the BIK for company cars goes back to normal then you will probably be worse off as well.

Car allowance is £500 per month minus the tax. Company car has a bit more flexibility, I wouldn't need to pay the upfront cost, insurance, etc etc. and obviously it's lower risk in that if I decide to leave (or my job changes) it's the business' responsibility. So there is that.

 

[Journey]

Car allowance is £500 per month minus the tax. Company car has a bit more flexibility, I wouldn't need to pay the upfront cost, insurance, etc etc. and obviously it's lower risk in that if I decide to leave (or my job changes) it's the business' responsibility. So there is that.

So work out how much car allowance you'll receive over 3 years after tax, plus the other costs taken away, then look at the potential residuals.

EDIT: BIK will be 1% 2% then 3% IIRC on a company car.

 

[b0rn2sk8]

My company has just started a company car scheme for electric cars. 3 year lease where the car, insurance, servicing etc all included in the month costs which comes out of salary before tax so you save quite a bit. Will be pretty tempting to do this once I actually need a car again.

Just be careful that this is actually worth it. They may look great on paper but these normally also reduce your pensionable income and can have a significant impact on your pension. You need to factor that into the actual cost, particularly if your employer makes a healthy contribution.