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Crazy low residuals?
- Thread starter pdk42
- Start date
I wouldn't run a EV without a home charger. Home chargers (even granny ones) aren't an option for a significant number of people.
As great as EVs are from a quality of life point of view for pottering around (no need to warm them up, the ability to warm them up on schedule etc without an engine running so they're nice and toasty on the school run, much simpler in terms of maintenance, etc) if you don't have the opportunity/access to charge them reliably then they aren't viable really. A little dinky ICE car will probably do 2 weeks of school runs etc before needing to fill up, which can be done anywhere.
The government are nowhere near close to providing a practical way for people without garages, driveways, etc to charge their cars. Until that happens then they are going to remain "privileged".
As great as EVs are from a quality of life point of view for pottering around (no need to warm them up, the ability to warm them up on schedule etc without an engine running so they're nice and toasty on the school run, much simpler in terms of maintenance, etc) if you don't have the opportunity/access to charge them reliably then they aren't viable really. A little dinky ICE car will probably do 2 weeks of school runs etc before needing to fill up, which can be done anywhere.
The government are nowhere near close to providing a practical way for people without garages, driveways, etc to charge their cars. Until that happens then they are going to remain "privileged".
Jason71
Well-Known Member
except the dinky ICE cars of which you speak are being banned but don't worry I am sure by 2030 the govt will provide everyone with off street parking and or the ability to charge on street at every lamppost for a similar cost per kwh as those of us with a drive enjoy.
/S
WannabeOwner
Well-Known Member
UK Government seems to have decided that is the cheapest way of encouraging takeup. When those cars move to 2nd hand market, 3 years in?, we'll see whether there are any takers. Maybe government think infrastrcuture etc. will have improved by then.
Government won't meet CO2 targets with any form of ICE. They are going to have to bring in Carbon tax, of some sort, at some point and that will seal-the-deal on EVs. Bu that is assuming that it will be more attractive to own one then compared to now. The less well off will get screwed over in that move semper idem
yeah, Oil companies want business as usual and are looking for loopholes - that's semper idem too! Bio fuels will put pressure on food crops / prices, and government will come under pressure to regulate that ... mind you, if everyone stopped eating meat there would be loads of land available for crops like biofuels
Australia produces 50% of world's lithium, and I don't hear them complaining - whereas they do about Oil refining in their country.
In places like Chile that needs sorting out, and I expect that pressure will be brought to bare ... Oil has had 100 years to solve such problems, and they muck up fairly frequently too.
I thought everyone was feeling that the second hand market was pricing their EVs too cheaply? Seems like there are some bargains to be had. Business buyers have always driven new car sales whereas many/most private buyers look for value in vehicles 2 or 3 years old... and that's exactly what they'll find by the look of it.
??? I didn't realise the majority people choose cars based on BIK tax etc.
Our Tesla was ordered in 2016, it works as well now as a family car as before, infact with the number of SCs appearing everywhere I cannot remember the last time I used ABRP. The plan is to keep it as our main family car till at least 2025, but probably as long as physically possible.
Our Lexus IS300H was bought in 2015, we haven't replaced it with an EV because it dose 5000 miles a year and never breaks down, so financially makes no sense to replace.
With the cost of used EVs finally coming down to a sensible level, I would say now is a great time to buy a used EV to own. Whilst I have no interest in buying ANY new car for a long time to come, I don't quite understand the reason NOT to buy another new EV?
Jason71
Well-Known Member
They probably don't, but a large number of the current crop of EV company car drivers do and they make up most of the new EV sales.
The BIK saving on a EV can be in the order of £5000 - £8000 per year compared to an equivalently priced ICE. That is a not inconsiderable incentive to go electric.
Of course it does. Euro 6 is better than Euro 5 but not some miracle standard, Nox and PM2.5 are still very present in those tail pipe emissions amongst the less harmful stuff.
The Nox is significantly worse when you throw in the fabled hydrogen combustion that’s starting to gain traction.
Air quality in cities is getting better but it’s not going to get good enough until combustion is largely removed from the roads and buildings (oil/gas boilers and log burners).
I might have gone electric but there’s no way I’m giving up either of my log burners. Logs from my own wood means heating and hot water is virtually free. As good as solar without the enormous install costs.
Yes. Been that way for at least a couple of years. Salary sacrifice schemes are hugely popular because of the tax saving they offer.
Majority of plug-in cars registered to businesses
Most plug-in cars are registered to businesses rather than people, with some 58.8% of all electric cars on the road company registered.
www.fleetnews.co.uk
And we must bear in mind that this is the case across the board. A quick Google:Yes. Been that way for at least a couple of years. Salary sacrifice schemes are hugely popular because of the tax saving they offer.
Majority of plug-in cars registered to businesses
Most plug-in cars are registered to businesses rather than people, with some 58.8% of all electric cars on the road company registered.
“Of course, the corporate sector has always made up a large proportion of new car sales, and these figures may not come as a great shock to industry insiders. In total, so-called 'fleet' sales made up 53 percent of all new car registrations last year, while private customers accounted for just 44 percent of the market.29 Mar 2021”
UK growth in EV sales driven by businesses, figures suggest
Two-thirds of all new electric cars bought in the UK are purchased by businesses, rather than private buyers.
Jason71
Well-Known Member
big business tend to lease cars. This has also appealed to any cash rich small business's. Not only the Bik Saving for the director/owners but also the ability to not pay corporation tax up front if you buy the car out right.
that was exactly the reason for our business, was offset against corperation Tax, same as massive Solar installation and batteries.
Jason71
Well-Known Member
My Tesla's were the first new cars I ever bought and If used prices remain anything like they are now then my current car will be the last new car I buy.
