EV chargers prices

matelodave

You do have the advantage of a company car, whereas the average person (even a train driver) doesn't get all the the company car benefits and so cant take advantage of tax breaks like you do.

The sums can work out very differently when you are forking out of your own pocket.

matt_drummer

matelodave said:

You do have the advantage of a company car, whereas the average person (even a train driver) doesn't get all the the company car benefits and so cant take advantage of tax breaks like you do.

The sums can work out very differently when you are forking out of your own pocket.

Anybody could do it if their employer was on board.

I do appreciate that not everybody could have or would even want a Tesla.

My point was that you do not have to be rich to have a Tesla, it costs me considerably less than the Skoda Kodiaq it replaced.

I could have been smarter and leased a cheaper ev, it would have cost me much less.


There are some really capable evs around now that are the same price as conventionally powered cars.

matt_drummer

matelodave said:

You do have the advantage of a company car, whereas the average person (even a train driver) doesn't get all the the company car benefits and so cant take advantage of tax breaks like you do.

The sums can work out very differently when you are forking out of your own pocket.

When you work out the full costs of car ownership leasing or some other form of finance is not as expensive as it may seem at first, particularly if you want a brand new car every few years.

Buying used cars is cheaper in most cases but they come with more risks.

There will be more and more used evs available as time goes on.

Qyburn

Krakkkers said:

Surely buying a car is cheaper than a lease?
It's just yiu need the money up front.

OK it's not a lease, but I've seen 0% PCP offers, where the total of upfront payment, monthly payments, and final payment all add up to the same as buying outright.

Matt is talking about a company car so it may be that they will only take a conventional operating lease to keep it all as revenue with no asset considerations.

matt_drummer

matelodave said:

You do have the advantage of a company car, whereas the average person (even a train driver) doesn't get all the the company car benefits and so cant take advantage of tax breaks like you do.

The sums can work out very differently when you are forking out of your own pocket.

I don't know for sure about train drivers, but I would think that many large employers will have salary sacrifice schemes in place to allow their employees to do this.

Scot_39

matt_drummer said:

matelodave said:

You do have the advantage of a company car, whereas the average person (even a train driver) doesn't get all the the company car benefits and so cant take advantage of tax breaks like you do.

The sums can work out very differently when you are forking out of your own pocket.

Anybody could do it if their employer was on board.

I do appreciate that not everybody could have or would even want a Tesla.

My point was that you do not have to be rich to have a Tesla, it costs me considerably less than the Skoda Kodiaq it replaced.

I could have been smarter and leased a cheaper ev, it would have cost me much less.


There are some really capable evs around now that are the same price as conventionally powered cars.

Believe it or not there are literally 10s of millions of people in the UK - whos employers will never provide them with a company car.

Or salary sacrifice - or even the salary in the first place - to run a fairly new car.

And not many are going to buy an 8-10 year EV as a run around - and risk spending more on replacing the battery / electronics - than the cars worth. 

Higher car insurance, higher road tax as recently muted, the pathetic public charging network and costs for those without a driveway etc etc  - make EVs a very unattractive private ownership proposition compared to second hand ICE.

And fuel duty replacement taxes are coming - most likely in the form of road pricing - if their wans't an election in 2024 - it would probably have been legislated for by now - the Transport Select Committee has already recommended it's adoption - twice.

And as to company car ownership - just a reality check.

A quick google showed that there were just 720,000 company car drivers in the UK in 20/21 - a number that had fallen 10% (official govt figures) - as it has been for a few years.

iirc there are c27m on PAYE - thats not all workers - just those earning over 12.75k pa - so excludes many part timers etc.

720,000 / 27,000,000  = 2.6% of the workforce.

https://www.fleetnews.co.uk/news/company-car-tax-and-legislation/2022/09/29/new-hmrc-data-shows-80-000-fewer-company-car-drivers

Even less - as no doubt many will be directors or self employed / contractors - not paying income tax per se.

I don't know where and at what level you worked at - but it is clear - if you think a company car (or employee assistance to own one) is a norm - then it was not at the same level as the vast vast majority in the UK.

Petriix

Now is an extremely good time to buy a second hand EV, but only for those with access to cheap capital and cheap charging. 

matt_drummer

Scot_39 said:

matt_drummer said:

matelodave said:

You do have the advantage of a company car, whereas the average person (even a train driver) doesn't get all the the company car benefits and so cant take advantage of tax breaks like you do.

The sums can work out very differently when you are forking out of your own pocket.

Anybody could do it if their employer was on board.

I do appreciate that not everybody could have or would even want a Tesla.

My point was that you do not have to be rich to have a Tesla, it costs me considerably less than the Skoda Kodiaq it replaced.

I could have been smarter and leased a cheaper ev, it would have cost me much less.


There are some really capable evs around now that are the same price as conventionally powered cars.

Believe it or not there are literally 10s of millions of people in the UK - whos employers will never provide them with a company car.

Or salary sacrifice - or even the salary in the first place - to run a fairly new car.

And not many are going to buy an 8-10 year EV as a run around - and risk spending more on replacing the battery / electronics - than the cars worth. 

Higher car insurance, higher road tax as recently muted, the pathetic public charging network and costs for those without a driveway etc etc  - make EVs a very unattractive private ownership proposition compared to second hand ICE.

And fuel duty replacement taxes are coming - most likely in the form of road pricing - if their wans't an election in 2024 - it would probably have been legislated for by now - the Transport Select Committee has already recommended it's adoption - twice.

And as to company car ownership - just a reality check.

A quick google showed that there were just 720,000 company car drivers in the UK in 20/21 - a number that had fallen 10% (official govt figures) - as it has been for a few years.

iirc there are c27m on PAYE - thats not all workers - just those earning over 12.75k pa - so excludes many part timers etc.

720,000 / 27,000,000  = 2.6% of the workforce.

https://www.fleetnews.co.uk/news/company-car-tax-and-legislation/2022/09/29/new-hmrc-data-shows-80-000-fewer-company-car-drivers

Even less - as no doubt many will be directors or self employed / contractors - not paying income tax per se.

I don't know where and at what level you worked at - but it is clear - if you think a company car (or employee assistance to own one) is a norm - then it was not at the same level as the vast vast majority in the UK.

I don't need a reality check, thank you.

Maybe you need to learn how to read.

I have never said that company cars were the norm, I have never even hinted at it.

What I actually said was that any employee would be able to do it with a willing and cooperative employer, and they could, I never said they all did.