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Thinking for car change

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Comments

  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
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    Ibrahim5 said:
    It's like a game of 'pass the parcel'. Who's got the car when the battery is dead. With normal depreciation you might not  spend much so the risk might be worth it. In the current environment you risk spending £10K and then either lose your £10K or spend a lot on a new battery. A lot of people say you shouldn't spend more on a repair than a car is worth. Like the guy who has spent £20K on an old motorhome to find the engine is rubbish and the chassis corroded. Do you throw more money at it or accept the loss?
    But are the savings more than the cost of a new battery?

    With a sub-£5k car, I'd hazard a guess from experience with both EVs and non-EVs that after about 3 years the answer will be yes.

    There comes a time when it's cheaper to throw and replace any car than replace parts, that's with anything and not just an EV. I don't hear of too many problems with 10 year old EVs in general, provided they've been maintained.

    Looking at the 2 EV's on Autotrader below £5k (a silver one and a black one, both happen to be Leafs), there's nothing that would suggest either wouldn't last 4-5 years and 25-30k miles more at a bare minimum, naturally subject to driving them to check for battery condition issues before purchase and regular maintenance.

    Even then, the batteries have further applications, including as home storage systems.
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  • Ibrahim5
    Ibrahim5 Posts: 1,293 Forumite
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    The 2 Nissan Leafs are very similar. One says it has a range of 25 to 30 miles. Wouldn't even get Motorguy to the nearest supermarket.  Obviously I know nothing about EVs but I thought they were normally a bit better than that? Anyway £5k spent. What happens next? Well the battery can only get worse. So do you pay another £5k for a new battery? Do you scrap it? I would much rather spend £2k on a petrol Fiesta of a similar age. At least it would function as a car 
  • Ergates
    Ergates Posts: 3,181 Forumite
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    Ibrahim5 said:
    The 2 Nissan Leafs are very similar. One says it has a range of 25 to 30 miles. Wouldn't even get Motorguy to the nearest supermarket.  Obviously I know nothing about EVs but I thought they were normally a bit better than that? Anyway £5k spent. What happens next? Well the battery can only get worse. So do you pay another £5k for a new battery? Do you scrap it? I would much rather spend £2k on a petrol Fiesta of a similar age. At least it would function as a car 
    Very similar, apart for the 20,000 mile difference.
  • Ibrahim5
    Ibrahim5 Posts: 1,293 Forumite
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    Oh sorry I am used to cars that can do half a million miles. I guess 20k on an EV does serious battery damage.
  • Ergates
    Ergates Posts: 3,181 Forumite
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    Ibrahim5 said:
    Oh sorry I am used to cars that can do half a million miles. I guess 20k on an EV does serious battery damage.
    So you'd be happy if you bought a second hand car and the millage was 20k miles higher than stated then.    Good to know.
  • Herzlos
    Herzlos Posts: 16,048 Forumite
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    Ibrahim5 said:
    Oh sorry I am used to cars that can do half a million miles. I guess 20k on an EV does serious battery damage.
    Do many ford Fiestas get 500,00 miles from the original engine?

    Sure, 30 miles is kind of disappointing from an EV, but it's also 11 years old with 112k on the clock.

    30 miles would do plenty of people for town driving or 2nd car, though. 
  • Ibrahim5
    Ibrahim5 Posts: 1,293 Forumite
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    30 miles and decreasing all the time. Well worth the £5k then. And then pay for a new battery? Can't wait to have one of these super duper money saving machines.
  • Herzlos
    Herzlos Posts: 16,048 Forumite
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    Ibrahim5 said:
    30 miles and decreasing all the time. Well worth the £5k then. And then pay for a new battery? Can't wait to have one of these super duper money saving machines.
    Not by as much as you'd think. We don't know if this is typical of the car given the higher than average mileage, and the car only started with about 60 miles anyway. 

    One of my staff has a 2014 (I think) Leaf that still does 80 miles and the newer ones will do 200ish.

    Like I said, even 20 miles range is enough for most people and could save them a lot of money. I wouldn't want one with less than 10 miles range, though.
  • Ergates
    Ergates Posts: 3,181 Forumite
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    Herzlos said:
    Ibrahim5 said:
    Oh sorry I am used to cars that can do half a million miles. I guess 20k on an EV does serious battery damage.
    Do many ford Fiestas get 500,00 miles from the original engine?

    Sure, 30 miles is kind of disappointing from an EV, but it's also 11 years old with 112k on the clock.

    30 miles would do plenty of people for town driving or 2nd car, though. 
    Very few ICE cars would still be in a usable state after 500,000 miles.
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