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When are you going fully electric?

Discussion in 'Motors' started by Ricochet J, 23 Aug 2018.

  1. McPhee

    Soldato

    Joined: 17 Apr 2009

    Posts: 6,884

    This is how I burned through tyres. 0-60mph dual carriageway traffic light GPs. My commute has loads of opportunities for it.
     
  2. McPhee

    Soldato

    Joined: 17 Apr 2009

    Posts: 6,884

    The other factor to consider is residual value. The cars that come with the batteries outright have a higher used value, so the cost isn't ~£6k but actually considerably lower (because Zoe's without a battery lease are fairly rare).

    If I was buying one for cash, or on HP, or PCP (with a view to keeping the car) then I'd go for owning the battery TBH. If it was a lease or PCP (with the intention to hand back) then it doesn't really matter. Battery lease usually has cheaper monthlies overall.
     
  3. Journey

    Sgarrista

    Joined: 18 Oct 2002

    Posts: 9,410

    Location: West Midlands

    I did some basic sums for a friend who wanted to buy a used Zoe not to long ago, and it came down to how long she wanted to keep it. At the low end of the market, which is where she was buying, and with the intention to keep it only 30-36 months battery lease worked out the better choice with not much in it financially overall.
    Over three years finance + the battery lease it worked out at <£250 per month (22 kWh model), so about £9k in total, residuals for it after 3 years are expected to be £4.7k, so a total cost of £4.3k, or £120 per month for 3 years. It was ~£13k for a battery owned version, (~£360pm) and the residual's estimated at £9.2K, so £500 cheaper overall.
    The residual difference was due to battery degradation according to the EV company, but they said it could go either way due to the buoyancy of the market currently, and in the near future.

    I thin every person needs to do careful calculations, and work out what works out best for their situation. I'm considering getting the mother-in-law one as she now only works 3 days a week, and does ~40 miles in total, and a few trips to the shop and the pub for lunch etc. Need to see what works out best when paying in pound notes. :)
     
  4. sovietspybob

    Mobster

    Joined: 25 May 2008

    Posts: 2,945

    Location: North Wales

    Even for the size of the battery pack at 35kwh in the Honda E the range seems bad, the Hyundai Ioniq which is a bigger car only has a 28kwh battery and goes 140 miles in the real world so not quite sure how they made it that inefficient.
     
  5. Matthew.M

    Mobster

    Joined: 18 Oct 2002

    Posts: 3,241

    Location: Birmingham

    Until it’s tested it’s quite plausible that Honda are quoting worst case winter range so as not to disappoint people. I also haven’t read anywhere yet if the 35kwh is gross battery or the capacity available.
     
  6. Amp34

    Caporegime

    Joined: 25 Jul 2005

    Posts: 28,867

    Location: Canada

    Keep suggesting the Kona to my parents as their next car, unfortunately it’s still just too expensive for what it is, even with fuel savings.
     
  7. kitch9

    Soldato

    Joined: 13 Aug 2008

    Posts: 6,691

    Depends on their mileage I suppose. The car's being bought through my company so it's the easiest way for me to make personal use of a company asset without being taxed to death on it.
     
  8. daveski

    Mobster

    Joined: 15 Apr 2004

    Posts: 2,668

    Location: Nottingham

    Had an i3s demo since Monday and love it. Shame it has to go back tomorrow.

    Between borrowing this and the Zoe earlier in the year I am convinced electric is the way to go for us but I am still struggling with the financial commitment to lease one through work for 4 years even though the additional cost vs my current 10 year old diesel car is only £~110 a month.
     
  9. Matthew.M

    Mobster

    Joined: 18 Oct 2002

    Posts: 3,241

    Location: Birmingham

    Have you factored in the significant drop in benefit in kind tax next year?
     
  10. daveski

    Mobster

    Joined: 15 Apr 2004

    Posts: 2,668

    Location: Nottingham

    Because it's a salary sacrifice scheme that doesn't make much of a difference to me.

    The quote with black paint the only option is broken down (as a 20% tax payer, fully maintained and no deposit, 20,000 miles a year for 4 years)
    Car £512.73
    Tax saving -£102.55
    NI saving -£61.53
    BIK £14.44
    Total £363.09
     
  11. bloodiedathame

    Sgarrista

    Joined: 11 May 2007

    Posts: 8,069

    Location: Surrey

    Look for a second hand PCP vehicle and you might be able to get close to £150. You get a newer car, reduce your fuel cost significantly, possibly your insurance price too, zero your vehicle tax, save the planet, become an awesome human and have a hoot driving it. :D
     
    Last edited: 4 Sep 2019
  12. b0rn2sk8

    Soldato

    Joined: 9 Mar 2003

    Posts: 7,481

    The i3 is a nice car buts it’s pretty expensive for the tech these days. My money would be going to the new Zoe ZE50 with CCS for a ‘cheaper’ small EV.
     
  13. Journey

    Sgarrista

    Joined: 18 Oct 2002

    Posts: 9,410

    Location: West Midlands

    Doesn't look like the new Zoe ZE50 is going to be very competitive against the older 41kWh models, if you need rapid charging then it might be a bit better but you are paying a heck of a lot extra for it, even the Q90 is a hard sell over the slower charging R110 for a 'cheaper' EV. £20k will get you a brand new 'i' model 41kWh S-Edition R110 with metallic paint, I can't find a UK price for the ZE50, but the DE price is starting at €31,990. Do you know if this is accurate?
     
  14. Ant84

    Wise Guy

    Joined: 20 Feb 2007

    Posts: 1,094

    Ordered an MG ZS EV today. Top spec Exclusive model (44.5kwh) for £23,495. Should see close to 200 miles from a full charge.

    Much better quality than I expected and it seems to have excellent reviews across the board and amongst YouTube EV channels.
     
  15. The Chemist

    Hitman

    Joined: 18 Jun 2012

    Posts: 534

    Location: North/East London

    Has anyone installed a charging point in a terraced house. My neighbours had a pod installed but he's house is semi detached and the wires to the front front of the house are wired on the outside
     
  16. bimbleuk

    Wise Guy

    Joined: 10 Sep 2009

    Posts: 1,964

    Location: Gloucestershire

    This seems to be the best overall value currently if want a new EV now. They are giving very generous incentives that may end soon so get your order in!
     
  17. Nasher

    Capodecina

    Joined: 22 Nov 2006

    Posts: 19,589

    MG are Chinese though so don't expect great build quality. They are cheap because they are made on the cheap. Like most Chinese stuff.
     
  18. b0rn2sk8

    Soldato

    Joined: 9 Mar 2003

    Posts: 7,481

    Is there any crash tests available yet? It’s the one place I am sceptical on these cheap cars.
     
  19. nam

    Wise Guy

    Joined: 18 Oct 2002

    Posts: 2,253

    Location: London

     
  20. sovietspybob

    Mobster

    Joined: 25 May 2008

    Posts: 2,945

    Location: North Wales

    I went to have a look at the ZS EV on Friday as my local dealer just got one in, very impressed with the fit and finish inside. I'm not someone who really cares much about interiors but it looked and felt just as good as anything else i've sat in. It has a lot going for it with a proper liquid cooled battery etc so will be very interesting.

    Hopefully will get a test drive end of this week/beginning of next as for the price they're very tempting.

    Currently weighing up either a new ZS or a a 1 year old Ioniq as they're both about the same price, will have to see how the test drives go and see from there.