Electric cars

gzoom

Turns out my dad is also liable to SWMBO syndrome.

SR+
Black on black
No options

June delivery, cannot wait .

Martyn1981

Tesla to Canada - "We'll see your sneaky and raise you a sneakier."

In case anyone doesn't know, Canada launched a CA$5,000 EV subsidy, but set it at CA$45k max, excluding the Tesla model 3.

But, the wording says this price is for the base model, and allows an additional CA$10k for upgrades/options.

So Tesla now offers a software locked TM3 with 93 miles of range for CA$44,999, bringing the TM3 SR+ in at just under the CA$55k limit.

Tesla gets creative with its Model 3 pricing to qualify for federal electric vehicle rebates

Herzlos

DELETED USER wrote:

Model 3 ordering open now.

Cheapest model is the Standard Range Plus. Price is £44k including tax. Subtract the £3,500 grant and because the tax is deferred you pay £38,900.

Tesla's sample Hire Purchase offer is £710/month for 60 months, not including the £320/year luxury car tax.

If you pay £38,900 after grant, does that still count as costing £40,000 and therefore hot by the luxury car tax?

Not that I could afford one yet but that almost seems like a no-brainer for a lot of folk.

DrEskimo

The threshold for the VED is based on the price before discounts, so all M3s will be subject to the £320 VED charge from years 1-5.

There are quite a few people cancelling their order because of it...they then ask about PCP, and for some reason don't seem at all bothered by paying upwards of £1,000 in interest each year, but £320 in VED is a deal breaker....the psychology of VED on buying habits is quite fascinating....

[Deleted User]

Tesla are not offering PCP yet on the M3. They offer HP but it's a really poor deal, £710/month on the cheapest model.

AdrianC

DELETED USER wrote:

Tesla are not offering PCP yet on the M3. They offer HP but it's a really poor deal, £710/month on the cheapest model.

It's not that "poor a deal". Remember, on HP you're paying for a £40k+ car in full over the term. You walk away owning the car at the end of the term. On PCP, you don't. You walk away with nothing in your hand - or you buy the car for the market value from the finance.

DrEskimo

DELETED USER wrote:

Tesla are not offering PCP yet on the M3. They offer HP but it's a really poor deal, £710/month on the cheapest model.

How can you tell it's a poor deal from simply the monthly payment?

It's just an arbitrary number that is entirely dependent on upfront payment, APR and term, whilst on PCP it also takes into account GFV (which is also dependent on term and mileage).
Put down £30k upfront and it's only £167 per month.....see why quoting the monthly cost on it's own is meaningless....?

A HP is just a straight loan secured on the car. It's 5.4%, so I'm not sure what's particularly poor about it?

NellLondon

wymondham wrote: »

I really want to get an electric car as my lease has now run out, but manufacturers like making them look ugly and they need a garage/offroad to plug into so its petrol I guess!

almillar wrote: »

If you want to 'look normal' surely the eGolf is for you. And depending on mileage and charger convenience, charging at public chargers might work - whilst shopping, at work etc.

Petrol cars wouldn't have been very convenient before all the petrol stations popped up, and you don't fuel your petrol car at home either.

I got an eGolf and while I wasn’t necessarily looking for something that looked normal (I’d have been tempted by a BMW i3), that is part of its appeal. Mainly I just liked it when I had a test drive and it suits me for my commute (100 miles round trip, stop/start getting out of London then busy motorways).

I’ve been slow to sort out my charging point but in the meanwhile charging at work plus the occasional opportunistic charge while I’m out shopping or whatever means I’ve never had to worry about range.

I’m intending to do my first longer trip in it next month but it feels very manageable. I always have regular coffee and leg stretching stops on longer trips anyway.

One major bonus is how much less stressful my commute is now; I’m finding it a really nice car to drive and I think having that m/kWh figure sitting on the dash makes me drive more carefully.

NellLondon

Oh and in terms of the tiny numbers of EVs being sold, my guess is that this year’s figures will look rather different. Certainly on the evening I collected my car there were about a dozen cars being picked up from that dealer and (at least) three were eGolfs. There may also have been PHEVs in the rest of the crowd (and possibly more eGolfs but I don’t think so), I didn’t look, but mine was one of three eGolfs at the front of the dealership.

[Deleted User]

AdrianC wrote: »

It's not that "poor a deal". Remember, on HP you're paying for a £40k+ car in full over the term. You walk away owning the car at the end of the term. On PCP, you don't. You walk away with nothing in your hand - or you buy the car for the market value from the finance.

It's a poor deal because the APR is fairly high, at 5.4%. There are much cheaper ways to buy a £40k+ car.

Also the car itself is overpriced for what it is.