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Are EV cars worth it?

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  • Herzlos
    Herzlos Posts: 15,917 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Herzlos said:

    I can't see there being a point where an  EV will pay as much or more VED than an ICE car, though.
    They will need to collect the equivalent money from somewhere and the motorist is an easy target, how they do that in practice will be interesting.

    True, but I think they'll do that by violating EV owners and really violating ICE owners. Probably by adding a few hundred quid to VED and adding another few percentage points to fuel.
  • Perksy5
    Perksy5 Posts: 141 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Sorry to double post, but I had another idea. Some companies selling BEV's have in the past, included a 'free' home charger. Obviously it's not really free, but may be worth keeping an eye on the deals.

    And your original post mentioning a starting price of ~£28k, made me think about the MG range of BEV's. They are a little cheapy in terms of interior and specs, but that's not meant as a negative, they simply are cheaper cars, and so offer better value for money (assuming they work and last well).

    The latest UK release (due soon) is the MG4 from £26k, which from the front looks like a Lamborghini Aventador, but that's probably where the supercar comparisons end. Realistic range is probably about 180 miles. I'm not in any way recommending the car, just pointing out that some 'cheaper' BEV's do exist, even if they are not cheap, so to speak.
    Thank you for your posts, really useful reading 📚 
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Hiya Perksy5, I can strongly recommend the 28kWh Hyundai IONIQ second hand, though they aren't exactly cheap. You'll probably have to spend nearly £20k for a 2018/19 model, but that might suit you.

    But range is only about 130 miles, 150 if you drive carefully.

    There's also the Renault Zoe, a nice car and good range, or the Nissan Leaf, but best to go for 40kWh model, as the others don't have great range.

    But, yes, they aren't cheap at the moment, and demand for new (and s/h) may grow faster than supply.

    PS, we've found insurance on BEV's to be cheaper than older and lower value ICEV's. For instance our 2018 IONIQ is ~£280pa, and Tesla Model Y is ~£350.
    The 38kWh will do minimum 180 miles driven carefully with some faster roads included. My commute is just over 40 miles one way (including some fast roads) and I haven't failed yet to get 2 days from the battery including use of heating/air conditioning when necessary, driving reasonably sensibly of course.
    💙💛 💔
  • I own an MG ZS EV which I took in for a two year service today. They offered me £690 more for it than I paid new as part exchange for a new car. The capital costs for my last two years has effectively been very low!

    For not too much to change I'm going to get an MG4 which starts at £26K with even the standard range having decent additional mileage which adds to the flexibility along with increased speed of charging. As 95.6% of my existing car's mileage has been at home on cheap overnight, a little bit of solar or free I'm not too worried about fuelling costs.

    It might be a model you want to look at.


  • I own an MG ZS EV which I took in for a two year service today. They offered me £690 more for it than I paid new as part exchange for a new car. The capital costs for my last two years has effectively been very low!

    For not too much to change I'm going to get an MG4 which starts at £26K with even the standard range having decent additional mileage which adds to the flexibility along with increased speed of charging. As 95.6% of my existing car's mileage has been at home on cheap overnight, a little bit of solar or free I'm not too worried about fuelling costs.

    It might be a model you want to look at.


    Thank you for this, I'd never considered MG until creating this post and reading comments.
    I wanted to stick with Toyota as my aygo has been so reliable but from what I've seen on their website they don't have a full electric model that's a similar size or even a tiny bit bigger.
    Again my biggest concern is the most efficient way for me to finance it e.g sal sac (with insurance, mot, service, tyre replacement, breakdown) all included in that price or go for a loan and get the best rate I can and go for ownership.
    I just can't work out what's the best way to do it.
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Perksy5 said:
    I own an MG ZS EV which I took in for a two year service today. They offered me £690 more for it than I paid new as part exchange for a new car. The capital costs for my last two years has effectively been very low!

    For not too much to change I'm going to get an MG4 which starts at £26K with even the standard range having decent additional mileage which adds to the flexibility along with increased speed of charging. As 95.6% of my existing car's mileage has been at home on cheap overnight, a little bit of solar or free I'm not too worried about fuelling costs.

    It might be a model you want to look at.


    Thank you for this, I'd never considered MG until creating this post and reading comments.
    I wanted to stick with Toyota as my aygo has been so reliable but from what I've seen on their website they don't have a full electric model that's a similar size or even a tiny bit bigger.
    Again my biggest concern is the most efficient way for me to finance it e.g sal sac (with insurance, mot, service, tyre replacement, breakdown) all included in that price or go for a loan and get the best rate I can and go for ownership.
    I just can't work out what's the best way to do it.
    MG is from the company behind Volvo and the latest London taxis.

    Absolutely nothing wrong with either, so no reason to suggest an MG will be different. Think of them as Skoda is to VW, then replace MG to Volvo more than anything else

    Not sure how much is shared with the XC40EV, but having driven one, I have to say they are extremely nice cars. A local taxi company has at least 2 MG5s now (I know they were looking at an additional order but haven't spoken to the directors for a while) and they're comfortable enough and don't feel cheap. That would make MG cars one to consider IMO.
    💙💛 💔
  • Jenni_D
    Jenni_D Posts: 5,434 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    I've already booked a test drive of an MG4 - just waiting on confirmation of when. :) 
    Jenni x
  • Perksy5
    Perksy5 Posts: 141 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Perksy5 said:
    I own an MG ZS EV which I took in for a two year service today. They offered me £690 more for it than I paid new as part exchange for a new car. The capital costs for my last two years has effectively been very low!

    For not too much to change I'm going to get an MG4 which starts at £26K with even the standard range having decent additional mileage which adds to the flexibility along with increased speed of charging. As 95.6% of my existing car's mileage has been at home on cheap overnight, a little bit of solar or free I'm not too worried about fuelling costs.

    It might be a model you want to look at.


    Thank you for this, I'd never considered MG until creating this post and reading comments.
    I wanted to stick with Toyota as my aygo has been so reliable but from what I've seen on their website they don't have a full electric model that's a similar size or even a tiny bit bigger.
    Again my biggest concern is the most efficient way for me to finance it e.g sal sac (with insurance, mot, service, tyre replacement, breakdown) all included in that price or go for a loan and get the best rate I can and go for ownership.
    I just can't work out what's the best way to do it.
    MG is from the company behind Volvo and the latest London taxis.

    Absolutely nothing wrong with either, so no reason to suggest an MG will be different. Think of them as Skoda is to VW, then replace MG to Volvo more than anything else

    Not sure how much is shared with the XC40EV, but having driven one, I have to say they are extremely nice cars. A local taxi company has at least 2 MG5s now (I know they were looking at an additional order but haven't spoken to the directors for a while) and they're comfortable enough and don't feel cheap. That would make MG cars one to consider IMO.
    Thank you this is helpful 😊 I have a dealership less than 5mins away that sell MG which is great. I'll do some research on these and keep them in mind for future.
  • Jenni_D
    Jenni_D Posts: 5,434 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    A link you might find interesting re. MGs

    https://www.mgevs.com/categories/mg-community-forum.1/
    Jenni x
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    I just got a popup ad for a company called Onto that leases EVs. The monthly rates appear high, £650 for an Ioniq, but this apparently includes everything (servicing, insurance, 750 miles, tax and public charging). It looks like you can cancel at any time and change the car every month if you want. So, it might at least be a way to try out a few cars you like the look of.
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