When are you going fully electric?

Soldato
Joined
18 Oct 2002
Posts
14,151
Location
West Midlands
- the Insurance cost, the earlier quoted £600 for a model3, versus £250 I pay on a 320i, OK - that offsets the 0%ved on the bev.

Well since I have both EV and ICE I can tell you that a brand new EV is 40% less for me than an Audi A4 1.8T from 2006, both for the same driver and address. That's another saving to apply to the EV then. ;)
 
Associate
Joined
18 Oct 2002
Posts
1,593
Location
North West England
We shouldn’t lose sight of the environmental impact here. If the EV version of CarX costs £50 a month more in TCO than the petrol version, that’s a decision many people would take for the environmental benefit.

Switching from diesel to EV results in many tonnes of reduced CO2 emissions (especially if charging on 100% renewable energy which I hope everyone is!)

I would also happily pay the extra £50 for benefits such as:

- driving experience (instant torque etc)
- pre-heating / cooling via app (no winter morning ice-scraping)
- not having to visit petrol stations
- love of new tech

(In my case the TCO my previous 320d vs Tesla M3 is about the same, appreciate everyone’s circumstances are different)
 
Associate
Joined
1 Jun 2014
Posts
1,574
Eventually I see myself with a (probable) electric daily and something petrol based as a fun car, likely a classic something or another. If they haven't been outlawed by then of course!

With regards to e-car residuals and batteries, I wonder if there'll be a reduction in the price in replacing/reconditioning the batteries once they've been out a few years
 
Joined
4 Aug 2007
Posts
21,432
Location
Wilds of suffolk
In journeys ownership equation, I'd add, against the ev:
- the Insurance cost, the earlier quoted £600 for a model3, versus £250 I pay on a 320i, OK - that offsets the 0%ved on the bev.
- The future 2nd hand bev values - with rapid evolution of the market, plus, concerns that battery longevity, whilst Tesla may have mastered it, does not necessarily hold true for other manufacturers, means, I'd use a PCP to mitigate the risk, albeit, having to then, mollycoddle, a car I don't own.

Insurance is difficult, until its a bit more set in its probably safer to assume its cost neutral to a similar value ICE car.
Insurance is more dictated on what the market will bear than actual costs. There were two terms in insurance when I worked in it, write for profit and write for volume, it would tend to swing in cycles.
Now go back to the point I wrote about the market, whilst new and faddy I would expect these people to be gouged a little. Over time it would likely redress as volumes equal a little more.
One of the interesting ones could come in that if all the have to have a manual to drive at 10/10ths of possible speed on the road become a disproportionate number of the drivers, refusing to switch to "milk floats" etc it could cause a skew to loading ICE cars. Its difficult to see and will depend on how different actuaries across the market see evidence of patterns, plus what the ratings guys think they can get away with.

The argument for second hand bevs is stronger. Yes we will see some evidence of declining batteries but if that mainly affects range and not efficiency then the cost of ownership angle skews heavily to the direction of a BEV. Critical will be maintaining enough charge, without getting silly on either efficiency or range.
When cars get to 5 years or so the depreciation impact starts to be become single digits of the original price.

Taking journeys example for year 6
Lets assume both cars take 8% impact of depreciation or so
The cost of "fuel" becomes far more relevant than the depreciation.
Just like with ICE cars there will be a sweet spot for relatively cheap, pretty decent cars. Whether the BEV will mirror the ICE or have a different trend is open for debate, not enough volume and too early in lifecycle to really get to grips with a sensible BEV reduction until more are available at lower prices.
Supply and demand can do funny things (being offered more than I paid for a brand new impreza at 2 weeks old when they had a 9 month delay from the factory for example).

I dont know, but I suspect someone like Johnny can advise if the efficiency is likely to drop with the battery degradation, or if it will just be the range (from lower held charge).
My basic physics tells me you will just consume less input and have an ever reducing max storage, in effect keeping efficiency per mile the same. Unlike an ICE car where as we know there is a tail off in efficiency which varies significantly per make and due to factors such as servicing, mechanical sympathy etc

At 5 years old, Tesla M3s could be absolute bargains for budget motoring vs ICE. (But then again supply vs demand will kick in, and that may force prices to remain relatively high).

What the example Journey gave hasnt, because we cant, is to predict if there will be any more government or local intervention. For example the example would be very different living inside or outside the London congestion zone.
I think we can agree its safe to assume any intervention will be BEV friendly and ICE adverse.
 
Joined
4 Aug 2007
Posts
21,432
Location
Wilds of suffolk
Eventually I see myself with a (probable) electric daily and something petrol based as a fun car, likely a classic something or another. If they haven't been outlawed by then of course!

With regards to e-car residuals and batteries, I wonder if there'll be a reduction in the price in replacing/reconditioning the batteries once they've been out a few years

I linked an article some pages back where nissan offered a reconditioned battery service in Japan, they had worked out a way to calculate which cells needed replacing quite quickly.

Its pretty much a given that non OEM battery reconditioning services will spring up. They will be no different in effect to specialised engine rebuilders, servicing the market for out of warranty ICE engines.

What we dont know is if this will ever be needed, will the majority of batteries last long enough that the reconditioning of that pack matches the point like for most ICE cars, whilst you can it doesn't make economic sense. Time to scrap and just buy a newer one.
 
Soldato
Joined
9 Mar 2003
Posts
14,242
https://www.autotrader.co.uk/car-details/202008252900190

This advert just made me think of this thread, and could easily be me, a used Model S just like that would have been what i'd have chosen! Poor bloke, sounds like his maths were the same as mine pre covid.

Ouch, I’m still surprised how well these old Model S’s hold their value. Getting into a band new Model 3 for £8-9k extra would be well worth the stretch over a 6 year old Model S.
 

Jez

Jez

Caporegime
Joined
18 Oct 2002
Posts
33,073
I'm not with you there on that one, I'd have an older Model S at the same price point all day long personally, just as i would have an older 7-series BMW over a new 3-series.

But yeah, ouch at that guy...the maths really doesn't work when your mileage is suddenly culled!
 
Soldato
Joined
1 Mar 2010
Posts
21,923
I linked an article some pages back where nissan offered a reconditioned battery service in Japan, they had worked out a way to calculate which cells needed replacing quite quickly.
I'd read it when you posted - I'd like to have seen what kind of uneven wear you genuinely get across cells, so, justifying, an economic, partial, replacement.

This advert just made me think of this thread,
he hadn't listed the cerified tesla battery capacity, I'd expected to see. .. since that seems related to supercharger use, from various articles.

At 5 years old, Tesla M3s could be absolute bargains for budget motoring vs ICE. (But then again supply vs demand will kick in, and that may force prices to remain relatively high).

What the example Journey gave hasnt, because we cant, is to predict if there will be any more government or local intervention. For example the example would be very different living inside or outside the London congestion zone.
I think we can agree its safe to assume any intervention will be BEV friendly and ICE adverse.
private taxi use ? if they are large enough

I've still not seen what reduction you get in london congestion+ulez charge for an ICE if you live in London, otherwise the £15/d odd quid, must be sole destoying.

BEV's are still a 1/3rd of ICE lifetime carbon cost, so I do feel I'm subsidising them with the £250 road tax I pay a year, redress please.
 
Soldato
Joined
25 May 2008
Posts
3,762
Location
North Wales
This is a really good video explaining how a L2 charger works, it is american but the principles are the same as our type 2 stuff over here.

As said before in this thread it just highlights how much some companies take the **** with how much they charge for what it actually is, just a posh switch.

 
Associate
Joined
17 Nov 2002
Posts
366
We've got a deposit down for the MG5 and hopefully should be able to have a test drive in a week or 2. MG are doing 0% finance on the PCP deal so it works out at £249 a month with a deposit of just under £4k and around £8.5k to pay at the end based on 8k a year mileage.

There is no petrol version of the MG5 to compare this to but if you look at the figures for an auto petrol ZS then the 5 works out about £4.5k more than this. So not quite the 10k difference spoken of but I appreciate over the 4 years the petrol ZS would probably not cost £4.5k extra to run but as we're planning on keeping the 5 it works out much cheaper by year 5 or 6 onwards.

Residuals are hard/impossible to predict but I'd expect the 5 to be worth more than the balloon payment at the end of the PCP but I probably wouldn't say the same for the petrol ZS if the 5 was worth say £9.5k at the end then I think this would give it the edge in a 4 year comparison.
 
Soldato
Joined
1 Apr 2003
Posts
11,890
Location
Northamptonshire
Looking to get an EV on the nhs lease scheme at work. I like the look of the Peugeot e208 and Vauxhall corsa e. They are doing the Peugeot e 2008 for £226 a month too. Anyone got any recommendations?

Buy the Peugeot e-208 for the funky design, or the Corsa-e if you like having HVAC controls as buttons rather than touchscreen functions (or prefer a normal-size steering wheel etc).

Buy the e-2008 if you like a higher driving position (and dont mind the small steering wheel and HVAC functions on the screen).

:)
 
Soldato
Joined
1 Mar 2010
Posts
21,923
We've got a deposit down for the MG5 and hopefully should be able to have a test drive in a week or 2. MG are doing 0% finance on the PCP deal so it works out at £249 a month with a deposit of just under £4k and around £8.5k to pay at the end based on 8k a year mileage.

with 4K deposit, the price comes out similar to an e-2008, at total ~£350p/m https://wevee.uk/peugeot-e-2008
maybe 2008 is a bit smaller though ?

Interesting, that that web-site, pushes the fuel saving angles

Annual
Mileage
Petrol
KIA SPORTAGE ESTATE 1.6T GDi GT-Line 1
PEUGEOT
E-2008 ELECTRIC Active 50kWh 5dr Auto 2
Your
Savings3

5,000 £80 mo.
£965 yr. £21 mo.
£247 yr. £60 mo.
£718 yr.
 
Soldato
Joined
18 Oct 2002
Posts
21,069
with 4K deposit, the price comes out similar to an e-2008, at total ~£350p/m https://wevee.uk/peugeot-e-2008
maybe 2008 is a bit smaller though ?

Interesting, that that web-site, pushes the fuel saving angles
Those fuel saving numbers are pretty dubious

My partner has that Kia Sportage and for £80 a month she can travel about 650 miles. Those numbers work out to about 460 miles a month, so approx 200 miles less.
Also, with the EV you need to factor installing a home charger which is £500+

Overall the year 1 saving on that example is about £160, not £718
 
Associate
Joined
31 Jul 2009
Posts
342
Location
Reading
Picked up the Corsa-e today and I love it! Only drove it from the garage to home, so not explored it properly but it feels a lot nicer to drive, super quiet and responsive. BIG difference from my previous lower range ICE Corsa. Windows are noticeably smaller in comparison but it looks great :)

Slight annoyance that neither key/central locking seems to be having issues and of course only found out once I got home...Had to physically lock it. So now got to drive 40 minutes to Wimbledon again tomorrow to get a tech to look at the keys again...
 
Soldato
Joined
30 Sep 2005
Posts
16,553
I have one on order. It’s a great alternative to the Tesla 3 and only really falls down on the public charger network.

I think it might be my next ev after the e-tron. The CEO seems to have his head screwed on.

I'll be expecting lots of photos and a mini review when you get it :p
 
Back
Top Bottom