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Lease electric 20k per annum?

col81
col81 Posts: 338 Forumite
Fifth Anniversary 100 Posts Name Dropper
A different topic to my other thread. Do I lease a electric vehicle and use the £300 pm fuel bill to fund s new car like a Hyundai ioniq as a example?
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Comments

  • it would depend on charging facilities in your area and your hone tariff. To begin I have 9 chargers within 2 miles podpoint that I can use free for upto 3 hours which gets me by, if desperate there is a fast charger at 35p kw. I’m with octopus and get 5 hours a night at 5p kw so roughly 1.2p mile. Switching my domestic fuel I got a £100 credit and switching my business account 2x £100 credit. 
  • Grumpy_chap
    Grumpy_chap Posts: 20,890 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No.
    Keep the Audi.
    You are doing 20k miles per year, so it is likely a good proportion of those business trips will take you outside the range of an EV, unless you go for a Tesla, iPace, Kia eNiro or equivalent.
    You don't want to be restricted in ability to work by choice of car.
    Diesel sounds best for this type of usage.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The Ioniq is a nice car, but the range on the electric version is very average by today's standards, as it's now a 4 year old design, and battery tech has moved on even, in that short time. It's only a 38kWh capacity battery.
    The real-world range is about 170 miles, which is probably insufficient if you are racking up 20k miles per year.
    if you went for a hybrid version, you could expect about 70mpg, which would still halve your current fuel bill.
    No free lunch, and no free laptop ;)
  • BOWFER
    BOWFER Posts: 1,516 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Many higher mile drivers report their fuel savings effectively pay for the car, so if it works for you - why not.
    Any EV you go for will drive far better than what you're used to.
  • BOWFER
    BOWFER Posts: 1,516 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 29 April 2021 at 11:54AM
    No.
    Keep the Audi.
    You are doing 20k miles per year, so it is likely a good proportion of those business trips will take you outside the range of an EV, unless you go for a Tesla, iPace, Kia eNiro or equivalent.
    You don't want to be restricted in ability to work by choice of car.
    Diesel sounds best for this type of usage.
    A 62KWH hour Leaf would do the same range as most, bar the Tesla.
    And there are some very very good deals on them just now.
    The Leaf is still a very, very nice car and so easy to live with.
    It also has the charging point on the front WHERE IT SHOULD BE!!! (listen up EV manufacturers who pander to ICE owners by placing them on the side)

    Sorry, a pet hate of mine.
  • Grumpy_chap
    Grumpy_chap Posts: 20,890 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    BOWFER said:

    The Leaf is still a very, very nice car and so easy to live with.
    It also has the charging point on the front WHERE IT SHOULD BE!!! (listen up EV manufacturers who pander to ICE owners by placing them on the side)


    Surely, the EV charge point should be near to the battery?

    Having the charge point at the front could encourage driving forwards into a space, requiring reversing out against the Highway Code
  • born_again
    born_again Posts: 24,050 Forumite
    10,000 Posts Sixth Anniversary Name Dropper


    Surely, the EV charge point should be near to the battery?

    Having the charge point at the front could encourage driving forwards into a space, requiring reversing out against the Highway Code
    But many people can't reverse into a space... Despite it being easier than reversing out of said space.
    Life in the slow lane
  • BOWFER
    BOWFER Posts: 1,516 Forumite
    1,000 Posts Second Anniversary Name Dropper
    BOWFER said:

    The Leaf is still a very, very nice car and so easy to live with.
    It also has the charging point on the front WHERE IT SHOULD BE!!! (listen up EV manufacturers who pander to ICE owners by placing them on the side)


    Surely, the EV charge point should be near to the battery?

    Having the charge point at the front could encourage driving forwards into a space, requiring reversing out against the Highway Code
    The batteries invariably take up the whole floorplan, so it doesn't really matter where it is in those terms.
    Not sure why you think the port has to be near the battery anyway, you must think there's some charging losses down a few feet of cable, god knows.
    Anyway, front or rear or is acceptable to me, just not the side.
    Parking next to another EV with a charge handle poking out of the port is pain, can make getting in/out difficult.
    It's also asking for trouble from people walking between cars, which happens all the time in carparks.
    As I said before, side charging ports are just pandering to ICE owners who feel more comfy with it.
  • born_again
    born_again Posts: 24,050 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    If you are thinking of a EV then watch some of the u-tube videos. Bjørn Nyland (not english but he does a lot of long trips (1000K challenge) to give you a good idea on how it effects you) is a good one. as are many others.

    Your biggest issue could be charging on 20K a year mileage. But that is going to depend on just what sort of mileage it is.

    Life in the slow lane
  • Flight3287462
    Flight3287462 Posts: 1,195 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    OP do you really need to take on more debt when you have been having trouble with debt in the past?  Is anyone going to offer you finance?
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