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Is it a bad idea to buy a new non electric car right now?

Well just about to buy a petrol car. Getting worried as hearing lots of negative things about non electric cars ie how gov want us all to go electric and will try and find ways to make it difficult to run a non electric car ie tolls, banned from city centers, higher taxes and that if you want to sell it in a few years it won't be worth much as everyone will be getting forced to by an electric.

What are people's thoughts? Buying a brand new Dacia sandero right now in light of the above?

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Comments

  • Herzlos
    Herzlos Posts: 16,000 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Nah, combustion fuel isn't going to go away until long after a 2022 car has been scrapped.

    We're all going to get taxed badly, so that's not a concern. What will residuals like in 3/6/10 years? Who knows. Petrol may actually command a premium to those who refuse to go electric.

    You're not going to get a new EV for anything like the price of a new Sandero.
  • Sandtree
    Sandtree Posts: 10,628 Forumite
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    Its 8 years before the proposed ban on purely petrol/diesel cars come in but petrol hybrids etc will still be fine. 13 years before a ban on any new car having exhaust emissions. The average car is 13 years old when its scrapped and so in 26 years from today almost half the cars bought the day before the ban is introduced will still be topping up with petrol.

    How long were you intending to keep the car?

    Certainly there is more risk of city centre clean air taxes but personally central London etc isnt somewhere I'd ever want to drive anyway. Increasing VED to punish petrol owners... this will inevitably increase overtime but think it will be rather slow. Those that cannot afford a new car will hardly be pushed to spending money they dont have by a £100 increase in VED etc
  • Ectophile
    Ectophile Posts: 8,051 Forumite
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    In terms of the economics, we're at the tipping point in terms of long-term cost.  Electric cars are expensive to buy, but cheap to run.  Petrol cars are cheap to buy and expensive to run.

    ULEZ restrictions have tended to fall more on diesels.  Modern petrol engines are less polluting, so if you buy a new petrol car, to the latest Euro standards, I don't see it being banned any time soon.
    If it sticks, force it.
    If it breaks, well it wasn't working right anyway.
  • blackstar
    blackstar Posts: 675 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Sandtree said:
    Its 8 years before the proposed ban on purely petrol/diesel cars come in but petrol hybrids etc will still be fine. 13 years before a ban on any new car having exhaust emissions. The average car is 13 years old when its scrapped and so in 26 years from today almost half the cars bought the day before the ban is introduced will still be topping up with petrol.

    How long were you intending to keep the car?

    Certainly there is more risk of city centre clean air taxes but personally central London etc isnt somewhere I'd ever want to drive anyway. Increasing VED to punish petrol owners... this will inevitably increase overtime but think it will be rather slow. Those that cannot afford a new car will hardly be pushed to spending money they dont have by a £100 increase in VED etc
    Thanks all, had planned on keep it until it was not worth repairing but maybe in 3 - 5 years or so might trade it in for an electric but depends in if it would be worth anything and how much electric cars are etc. 

    If you all were going to buy a new car now would you buy a petrol?
  • photome
    photome Posts: 16,680 Forumite
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    blackstar said:
    Sandtree said:
    Its 8 years before the proposed ban on purely petrol/diesel cars come in but petrol hybrids etc will still be fine. 13 years before a ban on any new car having exhaust emissions. The average car is 13 years old when its scrapped and so in 26 years from today almost half the cars bought the day before the ban is introduced will still be topping up with petrol.

    How long were you intending to keep the car?

    Certainly there is more risk of city centre clean air taxes but personally central London etc isnt somewhere I'd ever want to drive anyway. Increasing VED to punish petrol owners... this will inevitably increase overtime but think it will be rather slow. Those that cannot afford a new car will hardly be pushed to spending money they dont have by a £100 increase in VED etc
    Thanks all, had planned on keep it until it was not worth repairing but maybe in 3 - 5 years or so might trade it in for an electric but depends in if it would be worth anything and how much electric cars are etc. 

    If you all were going to buy a new car now would you buy a petrol?
    If I had the budget to buy a decent spec family size EV, I would buy one, otherwise I will be sticking with petrol

    it comes down to economics, from memory your sandero is around 11k  a cheap EV ,say a fiat 500 is around 20k.with a limited range

    would you rather pay double for a fiat 500E ?


  • Herzlos
    Herzlos Posts: 16,000 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    blackstar said:
    If you all were going to buy a new car now would you buy a petrol?
    If they had an electric variant of a model I really wanted for slightly more I'd probably take that over the petrol.

    But there's nothing like that in the market space with the Dacia Sandeep, and I wouldn't pay double the price to get something else that's electric. I might consider a used Leaf instead though.

  • Herzlos
    Herzlos Posts: 16,000 Forumite
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    edited 28 January 2022 at 8:35AM
    Haven't you already bought that specific Sandero you made a few posts about?
  • mgfvvc
    mgfvvc Posts: 1,233 Forumite
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    As there's nothing in the EV market that meets my criteria I won't be going electric for some time.
    Any petrol car that you buy now will probably still have a strong used demand in 3 to 5 years time. There won't be enough used electric cars on the market to have a big impact on the used market and there will still be loads of people who can't find an affordable used electric car that meets their needs or who can't charge at home and can't easily access a public charge point.
  • MX5huggy
    MX5huggy Posts: 7,168 Forumite
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    If you have a drive where you can charge an EV and your usage pattern is compatible with an EV (and most people this is true, not interested in the 0.1% of people towing horse boxes 500 miles 4 times a week). 
    Then you should work through EV ownership a opposed to Petrol ownership. 
  • motorguy
    motorguy Posts: 22,615 Forumite
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    blackstar said:

    Well just about to buy a petrol car. Getting worried as hearing lots of negative things about non electric cars ie how gov want us all to go electric and will try and find ways to make it difficult to run a non electric car ie tolls, banned from city centers, higher taxes and that if you want to sell it in a few years it won't be worth much as everyone will be getting forced to by an electric.

    What are people's thoughts? Buying a brand new Dacia sandero right now in light of the above?

    If you're only thinking of buying a new EV to avoid potential future taxes, then you'd end up spending probably + £10,000 more easily now (and associated depreciation being a more expensive car) to save an unknown but at worst incredibly smaller amount later.

    I dont think they'll attempt to tax new ICE cars off the road, they'll just run with stopping selling them new.  They cant just stop ICE cars heading in to cities, especially the latest lowest level polluting ones.


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