It’s already 1%, going up to 2% from April 2022.Well bik goes up 1% In April and chargers soon don’t get £500 off. So this should be considered
Lol, I see the anti EVers are here to tell us these deals won't last forever and the government will want their cut... etc etc.
These are the people who convince themselves they need 1000 miles of range, while towing a caravan up a mountain in a blizzard, during the dead of winter. If an EV can't do that then they won't have one.
Of course electric vehicles are being subsidised- that's the point. Drive market share at a time when market forces alone wouldn't be enough to encourage adoption. Once the user base grows and economies of scale kick in, the cars and batteries will be cheaper, and the subsidies will be removed- they won't be needed any more.
Perfectly reasonable and sensible strategy. In the end, everyone wins- the consumer gets a better, cheaper product, governments don't have to fund emerging technology any more, and car companies keep their margins. Always surprises me that this has to be explained to people on a technology forum, that often has (or used to have) a high proportion of early adopters and a forward-looking mindset.
Thing is, your average PC user doesn't face punitive taxation and road charging for having a previous generation GPU. The government doesn't tax the poor to give tax breaks to the wealthy to buy a new GPU
For me to lease a standard M3 with a 15,000 mile deal, I'm gonna looking at north of £500 a month, not including finding the money for the initial payment.
Yeah definitely need to do the figures but I think it's going to be worthwhile. I put in over 30% into my pension so I don't mind sacrificing this a bit to get a brand new car.This sort of arrangement also reduces your pension contributions from both you and your employer so I would recalculate based on the actual true costs. Don’t forget pension contributions will have a compounded cost every year going forward until you retire (you’ll not benefit from the growth of your fund).
Given the residuals on a model 3 are incredibly high right now, it may be cheaper to buy it from a total cost of ownership perspective (not in monthly payments).
Even with such a low mileage I’d really consider the public charging situation also. It could become a hassle, particularly if use of the network outgrows the network in your local area.
Yeah definitely will wait for the actual prices, I spoke to a few friends and they have similar packages and the base model 3 was roughly £310 a month which I don't think is too bad at all.Wait until you can see the actual prices, I got excited by a similar scheme initially but a M3SR+ is something like £850pm pre tax, so if you're not making a 40% tax saving on that whole £850, it's far from cheap still.
And how much are you spending on fuel currently to drive that 15,000 miles? At 50 MPG, and the current prices that is ~£1,900 per year, so if nothing changes and you keep your car for the next 4 years, you'll have spent over £7.5k just on fuel, no servicing, or repairs, or anything else.
4 years of £500 a month is £24k, plus around £3k initial rental.
I'm thinking the 6 year old diesel is still coming in under budget.
I didn't ask how much you were going to spend, I asked how much your fuel is costing...
What's your point. My fuel costs pay for the Tesla for 4 months?
When did I say you had to buy a Tesla?
You didn't. You told me fuel is expensive as if I hadn't taken it in to account when comparing ownership costs.
Yes, I was trying to point out that any money spent on fuel is a total loss, much like leasing is if you insist on doing it when it isn't competitive, be that ICE or BEV. So only looking at one method of ownership (usership?) is not always the bet comparison to make.
4 years of £500 a month is £24k, plus around £3k initial rental.
I'm thinking the 6 year old diesel is still coming in under budget.