I'm on the forecourt right now. 2021 Audi etron EV £21k 30k miles.
It's lovely. Big car overall, big boot.
Is it a money pit?
It's lovely. Big car overall, big boot.
Is it a money pit?
Thinking of getting an EV
- Thread starter danlightbulb
- Start date
Soldato
50 or 55?
Soldato
As mentioned the smaller battery is likely to frustrate with a 50
Soldato
Don't rule out road tax (VED) from your calculations. EV's will be paying it from 2025.
You can twist the numbers however you want; that is man maths privilege. Just get an EV on sal sac then, not sure what your point is.
Why are you on the forecourt looking at cars you don't want to budget for lol?
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Soldato
As you said, man maths.
Stop looking at old e trons if your first thought was an MG5.
ID.3 used now come with 2 year warranty. A 3 or 4 year old one will cost £15k. 2 year old ones going for £20k
Or stick to your MG5.
Stop man mathing yourself into an E-Tron 50. I had one and they are a great car and very practical, but very short range for an EV.
Or stick to your MG5.
Stop man mathing yourself into an E-Tron 50. I had one and they are a great car and very practical, but very short range for an EV.
It's too small!
I just looked at the Enyaq and the etron. I don't want to go smaller than Enyac.
What's not for real about this thread is struggling to get strong answers and advice. I'm all over the place trying to figure out how to cut my costs or risk and don't seem to be getting through to any solution.
It is astounding to me, that I'm saying that it currently costs me £400 per month to run my 19 year old BMW, that I could save £160 a month in petrol costs by going EV, and potentially have the lot funded pre tax on salary sacrifice, and yet despite all that I still can't beat or equal £400 per month in running costs.
I don't want to be a pain but I desperately need some help here. It is giving me a real headache and making me ill.
Soldato
I thought the VED for premium EV's was for new cars registered from 1 April 2025, not applied to cars already purchased. If that's the case it isn't worth buying a decent preowned either...
Mg5 is a respectable dad wagon. Get that on sal sac. Done
Soldato
Found my answer https://www.gov.uk/guidance/vehicle-tax-for-electric-and-low-emissions-vehicles#:~:text=From 1 April 2025, drivers,pay a fairer tax contribution.
Additional rate (expensive car supplement)
Under the new plan, zero-emission cars will be placed in the lowest tax rate, with a VED of £10 for the first year and £165 per year thereafter.For new electric vehicles with a list price exceeding £40,000, you will now need to pay the expensive car supplement from the second tax payment onwards. This applies to vehicles registered on or after 1 April 2025.
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But people were telling me it's dead money and I should buy used instead....
The mg5 is still a relatively small car. The seats don't go anywhere near flat. And it looks like it's on stilts. Why shouldn't I want something better?
I go look at used cars and come across Audi etron. Great size and space, premium finish and looks. A £70k car now down to £20k at 3 years old! I get criticised for considering it.
It's a joke, almost all the EVs are over 40k list price. That's going to add £30 a month to every EV bought whether lease or privately funded.
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Soldato
Anything decent certainly is and it'll be not far off the £600 I'm currently paying then.
Worth double checking but I would expect any such tax changes to be baked into salary sacrifice lease deals already
What happens to value when EVs battery warranty runs out?
The guy at the dealership said that he thinks the price will plummet once the cars reaches at 8 year/100000 mile level, and that's why I should PCP it rather than buy with a personal loan.
Obviously he wants to sell finance of course, but what do you think?
Take the Audi etron as it's a good example here. It was a £70-80k car new and is now say £20-25k at 3 years old/30k miles. That is huge depreciation. If bought over 5 years with a loan, that means the car will be 8 years old and around the 100,000 mile mark - battery warranty expired. Would you expect to be able to sell the car and what for?
Also what kind of repair risk would you be carrying at that point? Electric motors X2 in that car, all the suspension tech, all the HVAC parts, the screens... How risky would all this be compared to an 8 year old ICE?
The guy at the dealership said that he thinks the price will plummet once the cars reaches at 8 year/100000 mile level, and that's why I should PCP it rather than buy with a personal loan.
Obviously he wants to sell finance of course, but what do you think?
Take the Audi etron as it's a good example here. It was a £70-80k car new and is now say £20-25k at 3 years old/30k miles. That is huge depreciation. If bought over 5 years with a loan, that means the car will be 8 years old and around the 100,000 mile mark - battery warranty expired. Would you expect to be able to sell the car and what for?
Also what kind of repair risk would you be carrying at that point? Electric motors X2 in that car, all the suspension tech, all the HVAC parts, the screens... How risky would all this be compared to an 8 year old ICE?
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