EV general discussion

£310 a month for my V2 on SS. Don’t really worry about anything else. Cheap motoring including work commute and my BMW M3 does everything else. If I used that for work would be £200 in just fuel. The thought of spending £20k on a EV to buy outright makes me feel sick tbh

A lease? How long? No deposit? Just pay £310 a month?

Why does it make you sick?
 
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Paid a deposit for a 72 plate Model Y long Range. It had a couple of chips on the boot that they said they will sort out. I’ll see how well they repair it. I did tell him if the repair isn’t good I’ll have the deposit back. The rest of the car was pretty perfect condition including the wheels.
 
SS salary sacrifice. No deposit. £20k is a lot of money to just dump on a ‘boring’ second hand car

Over 3 years that is £11,160 you are spending....

Unless you heavily expect a £20k few years old EV to be worth way less than £10k in 3 years, why on earth would it make you feel sick?

Even a 110,000 mile 6 year old basic Nissan Leaf is going for £5k+ still..




First/second year depreciation on EV's is pretty wild (although same can be said for many expensive ICE cars), but after that it doesnt really seem like you'd be losing a metric ton in depreciation.

I'd definitely not pay the new list price for some of these EVs, but £20-£25k on a low mileage 2 or 3 years old one (like an EV6 or Ioniq 5 etc) doesnt seem too scary
 
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On the car, insurance, servicing, tyres, VED and virtually any other incidental maintenance cost... Just add electricity.

That's the bit that actually makes it interesting. No upfront and all you pay is the £310 and absolutely nothing else.
 
On the car, insurance, servicing, tyres, VED and virtually any other incidental maintenance cost... Just add electricity.

Yeh it's good for all that.

However, not everyone can get salary sacrifice schemes either, so leases will be more expensive, thus making buying potentially a better option.

It's more the "sick" comment. Do people expect the current range of EVs to be totally worthless in a few years time? As I pointed out, even 100k + basic nissan leafs are still worth something. Is an EV6 with 60-70k miles on it going to be worthless in 3/4 years time?
 
Sal sac makes sense on a good scheme, but not everyone is a 40% taxpayer and some schemes take the ****. Also others can have pension implications, so all in all you have to evaluate it on an individual basis rather than say all sal sac is better than buying a used car.
 
Sal sac makes sense on a good scheme, but not everyone is a 40% taxpayer and some schemes take the ****. Also others can have pension implications, so all in all you have to evaluate it on an individual basis rather than say all sal sac is better than buying a used car.

Or even a new car leased on PCH could be better than some SS deals, again depending on personal circumstances. Unless you are buying a very high end car doing lots of mileage (wear and tear + tyres etc.) the maintenance saving is probably £200 a year for the service and something towards tyres, and insurance is again very personal cost and may actually cost a lot less than you anticipate it is worth on an SS scheme.

The advice would always be the same, compare what you want, for how long you want it and do some sums. Also to dd you have to be careful with SS deal if you may want to move jobs, as novation isn't usually possible between employers unless they are on the same scheme.
 
I doubt it'll be under £40k but we can hope, it's a great alternative to the Buzz though which is way too expensive new

I'm hoping so purely to keep it out of the "luxury" tax bracket to be honest, yeah it's a small amount in the grand scheme of things, but that extra £500 even just from year 1 is probably more than I'd spend to charge it over its lifetime!
 
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Over 3 years that is £11,160 you are spending....

Unless you heavily expect a £20k few years old EV to be worth way less than £10k in 3 years, why on earth would it make you feel sick?

Even a 110,000 mile 6 year old basic Nissan Leaf is going for £5k+ still..




First/second year depreciation on EV's is pretty wild (although same can be said for many expensive ICE cars), but after that it doesnt really seem like you'd be losing a metric ton in depreciation.

I'd definitely not pay the new list price for some of these EVs, but £20-£25k on a low mileage 2 or 3 years old one (like an EV6 or Ioniq 5 etc) doesnt seem too scary
Yes I do see your point. But would rather have the cash doing something else. Also how much is the insurance, VED, tyres, servicing on that £20k car though £1800 is just VED on new stuff.

My born 34k P11D is prob £20k after 3 years. So who knows what it would be in 3 more
 
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I'm hoping so purely to keep it out of the "luxury" tax bracket to be honest, yeah it's a small amount in the grand scheme of things, but that extra £500 even just from year 1 is probably more than I'd spend to charge it over its lifetime!



The LR of the cargo version is only £3k more inc. VAT, so < £40k for the passenger one is well within the realms of possibility I reckon (for the basic trim level at least)
 
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