You need to factor in the depreciation, not the difference in price between the two cars.
The EV will be worth a lot more when you come to sell it, the battery modules alone are worth loads on the secondary market, breakers pay good money for them.
Even if the car is a complete shed, a working battery and motor will always keep its value pretty high because of how much they can go for used.
Yeah, I have factored in depreciation to some extent but intend to keep this car at least until the battery warranty expires in 8 years. I didn't let it sway my decision or calculations at point of purchase but it was definitely a plus for EVs.
Currently - no Road Fund Licence, generally very low servicing costs and sometimes reduced insurance costs are also significant savings. Insurance on Tesla’s are very high but other BEVs are often cheaper than the ICE equivalent.
There's definitely savings to be had above and beyond fuel, I agree. Servicing on the corsa e is 16000 miles or 2 years, whereas the fiesta was annually. That's at least £100 a year saved.
Tax / RFL is £0 as opposed to £13 per month. It seems like a tiny amount but its half the monthly energy costs to run out EV based on current mileage.
I don't really know long term consumable costs of an EV compared to an ICE but things like clutch and belts obviously won't need doing. I believe brakes last a lot longer too when using regenerative braking?
I'm also willing to pay the premium to have a car the doesn't put out emissions wherever it goes. My daughter starts school in September and I'll feel a lot less guilty driving the mile to school and parking outside. I know it's a drop in the ocean but every little difference adds up.