Goodbye to private motoring...from just 9 years?

Petriix

hareng said:

Petriix said:

The instant torque and acceleration from stopped is insane. The MG5 is a pretty normal looking estate car, reminiscent of a Passat. 200 miles will cost me around £3.

Damned site more than that, most EV batteries only last 600 cycles, how much for a new battery with install? For me thats every 4 years about £22 per week needing a charge every 2 days (in summer!)

MG5 is a mere 150hp, pretty poor by standards 10 yr ago but with added weight. Tesla move granted.

From the MGE owners forum MG5 has 50kwh battery "Fast charging is likely to cost between £8 and £10" A cheap home charge rate of 13p/kwh is £6.5 + £8.8 battery life lost = 13.07p mile. Quick diesel 54mpg works out at 10.7p per mile.

I'm not sure where you're getting the "last 600 cycles" from but EV batteries have proven far more resilient than previously predicted and they don't just suddenly stop working.

600 cycles would be circa 120,000 miles in the MG5. There are plenty of older EVs which are still running after travelling further than this. That would take me around 15 years which is the age of my old diesel estate which is about ready to be scrapped.

While there's not many EV mechanics around today, in 10 years there will be a huge market for replacement battery cells and it will be reasonably affordable to recondition, repair, replace, or even upgrade the battery as necessary.

Yes, if bought from the grid then £6.23 per charge (at 12.46p/kWh) but I can realistically average half of my charging from my solar PV and Zappi EVSE.

Depreciation is pretty expensive on a new car but EVs have been retaining their value really well as demand is outpacing supply. I think the MG5 will not hold up so well but here's the crunch: I'll be paying around £250 per month over 9 years, but saving around £100 from the cost of running an ICE vehicle.

I need another car right now anyway and I think £150 per month is a reasonable price to pay for the luxury of getting something brand new (and owning it outright). That's assuming that the car is worth zero after 9 years.

The numbers look even better if the car has any residual value (it will) and when charged at 5p/kWh on Octopus Go or potentially less on Agile.

But it's not really all about numbers. I quite like the idea of there being a habitable planet for my children and grandchildren. I also happen to massively prefer driving an EV. Engines, clutches and gearboxes are inelegant, noisy and smelly.

Flight3287462

Spot the ageing millennials with no children.   

ToxicWomble

rtho782 said:

ToxicWomble said:

It’s always the same “argument” - It only costs £xx to fill up and drive yy miles.

Most “car people” won’t give 2 hoots about any savings.

My last car was a heavily modified Impreza- that thing could shift, I was lucky to get 20mpg and the road tax was £500+ a year and I still wouldn’t have swapped for an EV to save money 

Why you ask - because I dont need/want to save money - I want to spend my money on what I get enjoyment from and damn that thing would put a smile on anyone’s face
(and I liked the look of it as well)

And that’s ignoring the fact that any semi-decent EV (imo) would cost 10-20k more than I paid.

What about residual value you say - well, glad you asked, I lost 4K in 3 years on it

And it's still boring and slow compared to any half decent motorbike.

Cars are for travel, motorbikes are for fun. Hell, have a "fun" car for track use etc but who gives a crap on their daily commute or the trip to tesco?

That’s part of the point- we all find our fun in different ways.

Bikes have just never appealed to me for some reason.

Biggus_Dickus

AdrianC said:

50Twuncle said:

Hold on to your IC engined car - epecially small economical ones with low vehicle tax 
Like mine - £30 pa (for life?) 

Nope, until the next budget.

The chancellor might choose to stay with the established inflationary VED increases. Or he might choose to change the basis on which VED is calculated for CO2-banded cars, 2001-2017.

There’s an inevitability about it, imho. ICE vehicles will become increasingly demonized in the coming months/years and they’ll be vulnerable to a whole swathe of targeted tax increases.

BBC this morning:-

Andrew Marr: “What is your overall view of where the economy is in terms of the big numbers...?”

Rishi Sunak: “...I can tell you it’s a very difficult picture”   

Mickey666

Biggus_Dickus said:

AdrianC said:

50Twuncle said:

Hold on to your IC engined car - epecially small economical ones with low vehicle tax 
Like mine - £30 pa (for life?) 

Nope, until the next budget.

The chancellor might choose to stay with the established inflationary VED increases. Or he might choose to change the basis on which VED is calculated for CO2-banded cars, 2001-2017.

There’s an inevitability about it, imho. ICE vehicles will become increasingly demonized in the coming months/years and they’ll be vulnerable to a whole swathe of targeted tax increases.

BBC this morning:-

Andrew Marr: “What is your overall view of where the economy is in terms of the big numbers...?”

Rishi Sunak: “...I can tell you it’s a very difficult picture”   

I suspect you’re right.  Just as large 4x4s in cities are demonised by many people today.
Another inevitability is some form of road or mileage pricing, because government will have to recover the lost taxes on petrol and diesel from somewhere.

Ectophile

Mickey666 said:

Biggus_Dickus said:

AdrianC said:

50Twuncle said:

Hold on to your IC engined car - epecially small economical ones with low vehicle tax 
Like mine - £30 pa (for life?) 

Nope, until the next budget.

The chancellor might choose to stay with the established inflationary VED increases. Or he might choose to change the basis on which VED is calculated for CO2-banded cars, 2001-2017.

There’s an inevitability about it, imho. ICE vehicles will become increasingly demonized in the coming months/years and they’ll be vulnerable to a whole swathe of targeted tax increases.

BBC this morning:-

Andrew Marr: “What is your overall view of where the economy is in terms of the big numbers...?”

Rishi Sunak: “...I can tell you it’s a very difficult picture”   

I suspect you’re right.  Just as large 4x4s in cities are demonised by many people today.
Another inevitability is some form of road or mileage pricing, because government will have to recover the lost taxes on petrol and diesel from somewhere.

Mickey666 said:

Biggus_Dickus said:

AdrianC said:

50Twuncle said:

Hold on to your IC engined car - epecially small economical ones with low vehicle tax 
Like mine - £30 pa (for life?) 

Nope, until the next budget.

The chancellor might choose to stay with the established inflationary VED increases. Or he might choose to change the basis on which VED is calculated for CO2-banded cars, 2001-2017.

There’s an inevitability about it, imho. ICE vehicles will become increasingly demonized in the coming months/years and they’ll be vulnerable to a whole swathe of targeted tax increases.

BBC this morning:-

Andrew Marr: “What is your overall view of where the economy is in terms of the big numbers...?”

Rishi Sunak: “...I can tell you it’s a very difficult picture”   

I suspect you’re right.  Just as large 4x4s in cities are demonised by many people today.
Another inevitability is some form of road or mileage pricing, because government will have to recover the lost taxes on petrol and diesel from somewhere.

That's because 4x4s are bigger, heavier, and almost all of them run on diesel.  So that makes them more polluting than almost any car of the same age.

And I do have a diesel 4x4.  The choice of bigger electric cars that can handle potholed tracks is very limited at the moment.  But I intend it to be the last diesel car I ever buy.

AdrianC

Ectophile said:
That's because 4x4s are bigger, heavier, and almost all of them run on diesel.  So that makes them more polluting than almost any car of the same age.

And I do have a diesel 4x4.  The choice of bigger electric cars that can handle potholed tracks is very limited at the moment.  But I intend it to be the last diesel car I ever buy.

If only there was a 1.2 petrol 4x4 that seats four adults, averages 40mpg+, weighs just about exactly one ton, and is far more capable off-road than many far bigger diesel ones...

<looks out window>
Oh! Wow! Where DID that come from?

facade

AdrianC said:

If only there was a 1.2 petrol 4x4 that seats four adults, averages 40mpg+, weighs just about exactly one ton, and is far more capable off-road than many far bigger diesel ones...

<looks out window>
Oh! Wow! Where DID that come from?

The same country as my 1.5 petrol 4x4 that seats 4 adults, averages high 30s (with a proper TC auto) weighs around one tonne empty, will tow 1300kg and is far more capable off-road than many far bigger diesel ones? 

AdrianC

I dunno. Was that built in Poland, too?

facade

AdrianC said:

I dunno. Was that built in Poland, too?

No, Japan.