Petrol or EV for low mileage driver?

gandalftheking

Martyn1981 said:

Out of interest, have you driven a BEV yet? No going back once you do. 

No I havent! If I could bag a (even used) Tesla 3 for a couple of grand down and around £400pm I'd do that

Grumpy_chap

gandalftheking said:

Martyn1981 said:

Out of interest, have you driven a BEV yet? No going back once you do. 

No I havent! If I could bag a (even used) Tesla 3 for a couple of grand down and around £400pm I'd do that

Looking at the TESLA website today, I would have thought that target was achievable now if you look outside the TESLA network.

EDIT: I had a quick look online and monthly payments for used ones were higher than new, so I was very wrong.

gandalftheking

Grumpy_chap said:

gandalftheking said:

Martyn1981 said:

Out of interest, have you driven a BEV yet? No going back once you do. 

No I havent! If I could bag a (even used) Tesla 3 for a couple of grand down and around £400pm I'd do that

Looking at the TESLA website today, I would have thought that target was achievable now if you look outside the TESLA network.

EDIT: I had a quick look online and monthly payments for used ones were higher than new, so I was very wrong.

This is what's irritating about the market atm. An earlier suggestion to get a Nissan Leaf (and then wait a year to see where the market goes) is seeming more like sense, just as an entry point to the EV experience...

iwb100

gandalftheking said:

Herzlos said:

gandalftheking said:

OP here - spanner in the works... All the views here.... what if I'm leasing not buying?....

Am 64 this year and next car could be the last lease I do. I've leased for years now. A throwback to some harrowing car repair bills as a younger man. I guess the wisdom will be to buy this time around??

You can get pretty competitive lease deals on EVs because the residuals will be fairly high. 

It depends on what you're planning on doing after the lease term, are you retiring / changing driving pattern?

Driving patterns will remain the same, but I'm a bit of a badge snob also, so this factors into the angst. Anything I have liked or gravitated toward (ID3, EV6, Tesla 3 (the 'dream' choice), IONIQ 5, Cupra Born, Skoda Enyaq, and others) seem to be either too pricey (subjective I know) or not available at the time I want them (end June this yr). 

Maybe I need a short term lease (or indeed a cheap 1.0L ICE runaround) until the electric market sorts itself out a bit.

EV is a different ball game. The best EVs aren’t necessarily from traditional badges. Given you need a car for June you aren’t going to have much of any choice.

You need to change old assumptions when shopping for an EV. I mean you do for ICE nowadays too. Skoda are making cars with plusher interiors now than VW…and the engine etc are the same identical things. Badge envy is dying with EVs and even in the ICE market it’s pretty irrelevant now. The plushest SUVs are made by Kia and Hyundai now (outside of silly expensive stuff from Volvo and RR/Jaguar).

iwb100

Grumpy_chap said:

gandalftheking said:

Martyn1981 said:

Out of interest, have you driven a BEV yet? No going back once you do. 

No I havent! If I could bag a (even used) Tesla 3 for a couple of grand down and around £400pm I'd do that

Looking at the TESLA website today, I would have thought that target was achievable now if you look outside the TESLA network.

EDIT: I had a quick look online and monthly payments for used ones were higher than new, so I was very wrong.

Second hand finance deals are dreadful. For OP take a bank loan and buy second hand outright at much lower interest rates.

PCPs are only ever worth considering on new cars where manufacturer incentives can be good.

But given OP is leading best option is to scan a few models across the leasing sites and see what deals there are. If you need a car by June I suspect buying second hand is most likely. Unless you are lucky and find an in stock lease deal. 

gandalftheking

OP here again - so much great advice here. I think maybe a used Leaf for cash for 12 months+ until the EV market sorts itself out a bit. (and 'yes' to Martyn1981 re 2017 onwards ;-))

Martyn1981

gandalftheking said:

OP here again - so much great advice here. I think maybe a used Leaf for cash for 12 months+ until the EV market sorts itself out a bit.

Good plan. I would suggest you go for a second gen (2017+) model, as the first gen are a bit dated now, and range is not great, also suffer range degradation.
Then just have fun, so great to drive, instant torque, so confidence building for roundabouts, T junctions, and a pleasure to drive up (or down) hills, and even stop/go traffic.
But you will be hooked.

Purely personal opinion, but I'd also look at the Hyundai IONIQ* 28kWh or 38kWh depending on budget. Lovely car, and exceptionally efficient.

Not sure how long for the new BEV market to sort itself out. I see that a base Tesla model 3 now has Feb 23 delivery dates, unless you spec up the paint and/or wheels. Demand for BEV's is growing faster than supply, and expect the market to keep shifting in favour of BEV's ever faster as we head for mid decade.


*Just to confuse us all, the Hyundai IONIQ (caps) is an ICE based vehicle, available in HEV, PHEV and BEV. I don't know if Hyundai just liked the name so much they had to keep it, but when they later launched their purpose built BEV's, they decide to call the range Ioniq (lower case), such as the Ioniq 5, Ioniq 6 etc..

iwb100

Martyn1981 said:

gandalftheking said:

OP here again - so much great advice here. I think maybe a used Leaf for cash for 12 months+ until the EV market sorts itself out a bit.

Good plan. I would suggest you go for a second gen (2017+) model, as the first gen are a bit dated now, and range is not great, also suffer range degradation.
Then just have fun, so great to drive, instant torque, so confidence building for roundabouts, T junctions, and a pleasure to drive up (or down) hills, and even stop/go traffic.
But you will be hooked.

Purely personal opinion, but I'd also look at the Hyundai IONIQ* 28kWh or 38kWh depending on budget. Lovely car, and exceptionally efficient.

Not sure how long for the new BEV market to sort itself out. I see that a base Tesla model 3 now has Feb 23 delivery dates, unless you spec up the paint and/or wheels. Demand for BEV's is growing faster than supply, and expect the market to keep shifting in favour of BEV's ever faster as we head for mid decade.


*Just to confuse us all, the Hyundai IONIQ (caps) is an ICE based vehicle, available in HEV, PHEV and BEV. I don't know if Hyundai just liked the name so much they had to keep it, but when they later launched their purpose built BEV's, they decide to call the range Ioniq (lower case), such as the Ioniq 5, Ioniq 6 etc..

Demand for all cars is outstripping supply right now due to the semiconductor shortage and disruption of supplies caused by the Ukraine war. Electric or not new cars are in high demand and low supply. 

Petriix

I was incredibly lucky to time my MG5 purchase perfectly to maximise the discounts (and government grant) while dodging the crazy price increases. I still think second hand first gen MG5s are going to be the best value EVs in the next few years. Sadly there won't be many to go around so, if you can stretch to buying new now, the residual values will be good. 

Martyn1981

iwb100 said:

Martyn1981 said:

gandalftheking said:

OP here again - so much great advice here. I think maybe a used Leaf for cash for 12 months+ until the EV market sorts itself out a bit.

Good plan. I would suggest you go for a second gen (2017+) model, as the first gen are a bit dated now, and range is not great, also suffer range degradation.
Then just have fun, so great to drive, instant torque, so confidence building for roundabouts, T junctions, and a pleasure to drive up (or down) hills, and even stop/go traffic.
But you will be hooked.

Purely personal opinion, but I'd also look at the Hyundai IONIQ* 28kWh or 38kWh depending on budget. Lovely car, and exceptionally efficient.

Not sure how long for the new BEV market to sort itself out. I see that a base Tesla model 3 now has Feb 23 delivery dates, unless you spec up the paint and/or wheels. Demand for BEV's is growing faster than supply, and expect the market to keep shifting in favour of BEV's ever faster as we head for mid decade.


*Just to confuse us all, the Hyundai IONIQ (caps) is an ICE based vehicle, available in HEV, PHEV and BEV. I don't know if Hyundai just liked the name so much they had to keep it, but when they later launched their purpose built BEV's, they decide to call the range Ioniq (lower case), such as the Ioniq 5, Ioniq 6 etc..

Demand for all cars is outstripping supply right now due to the semiconductor shortage and disruption of supplies caused by the Ukraine war. Electric or not new cars are in high demand and low supply. 

Very true, but note that if all of the problems for ICE cars are resolved, then they have the production lines to build more, though I suspect demand and annual sales are now on a terminal decline.

However, for BEV's, the car makers need to convert existing lines, or build new factories/production lines to meet the growing demand, and fight over battery materials, as sales have been roughly doubling now for several years.

With falling demand for ICEV's, and rising demand for BEV's, it's possible that in Europe (and China) BEV's could reach 50% of sales by 2025/26 (with the US a couple of years behind).

Hence why I'm doubtful that BEV supply will rise fast enough in the next few years to resolve supply and pricing issues.

Tesla is a good example, they've been increasing supply by about 60%pa for years, and probably will do so again this year, and they've been significantly increasing prices for 18months or so to manage delivery times, yet delivery dates have continued to lengthen.