You'd need a very big house or be doing very low mileage.In the context of EV charging, the other option is to install a solar array, and rather than connect it to the grid, charge a battery bank during the day. Then you plug your EV in in the evening to charge overnight. Now you're not going anywhere near your grid connection, it's completely separate. I did some research and it works out much cheaper and more cost effective that connecting a solar array to the grid and complicated tariffs. Parked for now as I'm going to wait a bit until I get an EV.
Every used car was new once!90% of new cars may be bought on PCP, but used car sales outnumber new 4:1. Purchase price will be the key factor in buying used.
EVs may well be the lowest running costs, but it depends on your mileage whether that’s enough of a saving to make the overall cost lower.
They are also relatively scarce at the moment.Every used car was new once!
Used car prices are more related to supply & demand than their new price. Used easy to own / maintain / repair / insure cars often demand higher prices than high end cars than cost a bomb to own.
EVs demand high 2nd hand prices as buyers know they'll be fine in most cases
I only ever bought used until my 1st EV.If there's no used market, EVs will go nowhere. I will not buy a car on PCP, I always buy used. A PCP is simply paying off depreciation, I get no asset and no control.
I would conventionally lease over a PCP. The former offers more options and flexibility. Neither offers me ownership unless I buy it separately at the end of the contract - PCP is a misnomer, as unless you pay the "guaranteed future value" no purchase ever occurs. It is just a form of lease contract, in practice.
EVs demand high 2nd hand prices as buyers know they'll be fine in most cases
I only ever bought used until my 1st EV.
I did the maths for my 2nd hand diesel estate cars, Capital, fuel, maintenance, tax, servicing etc and came up with my monthly cost for my old cars
I then looked at the PCP plus lower servicing costs, power etc, but no maintenance, MOT, tax to determine the monthly cost.
In every case my new EV was cheaper than a used diesel or petrol car to own, by a lot.
My wife has an old petrol car. If I add up the tax, extra servicing & maintenance plus fuel for the miles I do it adds up to my monthly PCP cost each month and that is without capital costs.
Indeed. Hyundai have already had to recall many Kona EV's because of the batteries potentially igniting or failing completely. The 'temporary' fix has been to software limit them to a maximum charge state of 90%, but it seems nobody has yet had the promised battery replacement, or date for it to be done.Most EV platforms are new, so I think quite the opposite - I don't doubt some platforms will be found to have flaws, and I don't doubt some will be quite serious including fires.
That and people who want a car NOW being prepared to pay the new list price (or even higher in some cases) for a used example.It's purely scarcity in my view. There isn't much of a used market yet. It'll take another 3-5 years for it to establish, unless you want a Nissan Leaf.
EV issues have generally been limited to software issues that are easy to fix or rogue battery cells that are easy to replace. With so few moving parts, there really is little to go wrong.Most EV platforms are new, so I think quite the opposite - I don't doubt some platforms will be found to have flaws, and I don't doubt some will be quite serious including fires.
It's purely scarcity in my view. There isn't much of a used market yet. It'll take another 3-5 years for it to establish, unless you want a Nissan Leaf.
EV issues have generally been limited to software issues that are easy to fix or rogue battery cells that are easy to replace. With so few moving parts, there really is little to go wrong.
ICE cars have fires all the time at a rate many times that of EVs, something to do with highly flammable gasses and very hot surfaces, lots of leaks, rattles and smoke!
VW does have software issues on the IDs!
They are also relatively scarce at the moment.
I am in exactly this position with my wifes 11 year old car with 110,000 on the clock. All sorts of clunks and bangs coming from the suspension. She's booked it in for a "full" service (£350) and MOT later this month. They've already said the brake discs will likely need replacing (was hundreds of pounds last time because they come as one assembly with bearings and ABS modules), and I'll be very surprised if nothing else serious needs doing. I'm bracing myself for a bill well in excess of £1,000. And we'll have the same again next year plus a cam belt change which 5 years ago was £700 so will be getting on for £1,000 by itself).Is that new vs. "bangernomics"? I've near-always bought 2-3 years old and kept cars for 3-5 years, and thus far have never had any serious MoT fails nor significant maintenance costs. All I've had is tyres, brakes, one exhaust ever and one seized brake caliper. That's in about 20 years of driving.
1.7% of cars for sale on Autotrader are EVs, which is roughly the same proportion of EVs to cars on the road as a whole.
Yes, but a lot of them are very old Leafs with poor range, or impractical rubbish like the Renault Twizy. You don't see that many Zoes, Teslas etc.1.7% of cars for sale on Autotrader are EVs, which is roughly the same proportion of EVs to cars on the road as a whole.
I am in exactly this position with my wifes 11 year old car with 110,000 on the clock. All sorts of clunks and bangs coming from the suspension. She's booked it in for a "full" service (£350) and MOT later this month. They've already said the brake discs will likely need replacing (was hundreds of pounds last time because they come as one assembly with bearings and ABS modules), and I'll be very surprised if nothing else serious needs doing. I'm bracing myself for a bill well in excess of £1,000. And we'll have the same again next year plus a cam belt change which 5 years ago was £700 so will be getting on for £1,000 by itself).
Spending all this money on a battered piece of junk really annoys me. I'm seriously considering slipping the mechanic £20 so to find every possible thing wrong on the MOT, then I can say "I'm not spending all the money on the heap of junk, let's get an MG ZS/other new car".
I believe that Hyundai have effectively withdrawn the Kona EV from the market for at least 2023 because of the fire issue. Apparently the 90% charge software mod isn't 100% effective in preventing the fires and all the cars need to have their battery packs replaced. Ditto for the Chevy Bolt in the USA.Indeed. Hyundai have already had to recall many Kona EV's because of the batteries potentially igniting or failing completely. The 'temporary' fix has been to software limit them to a maximum charge state of 90%, but it seems nobody has yet had the promised battery replacement, or date for it to be done.
The VW stable seem to be particularly inefficient in everyday use.
That and people who want a car NOW being prepared to pay the new list price (or even higher in some cases) for a used example.
Its nice to avoid having to pay big bills for wear and tear damage. However, its better to fix things before they break, so that you can plan around it, and you need to balance the chance of spending £1000s on repair bills with the certainty of spending £1000s on depreciation on a newer replacement.I am in exactly this position with my wifes 11 year old car with 110,000 on the clock. All sorts of clunks and bangs coming from the suspension. She's booked it in for a "full" service (£350) and MOT later this month. They've already said the brake discs will likely need replacing (was hundreds of pounds last time because they come as one assembly with bearings and ABS modules), and I'll be very surprised if nothing else serious needs doing. I'm bracing myself for a bill well in excess of £1,000. And we'll have the same again next year plus a cam belt change which 5 years ago was £700 so will be getting on for £1,000 by itself).
Spending all this money on a battered piece of junk really annoys me. I'm seriously considering slipping the mechanic £20 so to find every possible thing wrong on the MOT, then I can say "I'm not spending all the money on the heap of junk, let's get an MG ZS/other new car".
But I'd rather spend slightly more money on a PCP for a few years and have a nice new cheaper to run vehicle than a battered and worn out barely better than scrap car. I never buy cars on PCP, but will for first EV because I think prices are inflated at present and I'm certain there will be huge improvements in technology in a relatively short time frame. So if the manufacturers are prepared to take a huge risk on residual value, I'll let them!Its nice to avoid having to pay big bills for wear and tear damage. However, its better to fix things before they break, so that you can plan around it, and you need to balance the chance of spending £1000s on repair bills with the certainty of spending £1000s on depreciation on a newer replacement.
No, I think the steering rack or CV joints are shot, going to an from full lock there's definite "Clunk" at certain points, and always the same points. Mrs hasn't noticed, or course!In any case would get the suspension checked, in case a spring has broken on a speed bump.
Renault Grand Scenic with a 1.6 petrol lump that was a dinosaur even when new. We didn't know about the ABS thing of course. Mrs thinks it drives well and "is really powerful". Costs about 20p a mile in fuel alone. Absolute heap.What is the model of car? I would prepare to avoid buying a car where a wear and tear item like a brake disc is integrated with expensive components.
Renault Grand Scenic with a 1.6 petrol lump that was a dinosaur even when new. We didn't know about the ABS thing of course. Mrs thinks it drives well and "is really powerful". Costs about 20p a mile in fuel alone. Absolute heap.
TBF it's OK for what we use it for - hauling kids and clutter around. We only paid £4.5k for it 6 years ago (think it had about 45,000 on the clock) so it's been inexpensive in some respects. We've trashed it - dented, scraped, broken wing mirror housing (she was astonished it "just shattered, it was only overhanging the corner of the wall I reversed past by a millimetre") that's been gaffa taped up, the rear bumper was ripped off by a reversing cement lorry and had never quite fitted properly since, that also destroyed the parking sensor system. The straps to deploy and fold the third row of seats have both snapped off (on the same day!), the tonneau cover has never been in our possession, the seat belts are starting the fray, some of the internal trim has dropped off. The bonnet isn't fitted square and you can see massive differences in the shut lines, not sure what caused that, suspect it's been crashed at some point. There was some issue with the built in TomTom satnav when we bought it - dealer reckoned it cost him a grand to sort - my heart bled, but the upshot it we don't have the code for the radio, so if the battery ever needs changing... Currently trying to persuade Mrs that we should downgrade the insurance to 3rd party - she looked at me like I had 2 heads. Really boils my p*** o spend significant money on it. I need to get her in a relatively good mood to explain why I think we should cancel this mega service and replace...French cars and bad design? Well I never![]()
Agree. In my case it was a comparison betweenIn every case my new EV was cheaper than a used diesel or petrol car to own, by a lot.
But most people (and organisations) in the new car market are leasing. The cheapest VW Golf lease I can find is £230/month. The cheapest VW ID3 is £260/ month. Hardly ‘substantially more’.
Add in the respective costs in Vehicle Excise Duty (£155 vs £0), ‘fuel’ (15p mile vs 5p/ mile), maintenance etc, and the ID3 will be cheaper.
Fine for those who can afford / justify ~ £3000 pa capital cost.
an awful lot of people can, and do.
Fine for those who can afford / justify ~ £3000 pa capital cost.
The car market has an unbelievable amount of wasted money in it. Ask yourself how much it costs to have 4WD capabilities in a car - it's actually many £thousands per car. Then think how many thousands of 4WD cars there are on our roads. Now ask yourself how many people really do use these 4WD capabilities of the car, and how many never, ever drive them off road, ie they only ever drive them where 2WD cars are every bit as capable.Fine for those who can afford / justify ~ £3000 pa capital cost.
The car market has an unbelievable amount of wasted money in it.
Every time it snows you you can see 4WD drivers going gingerly along roads holding everyone else up, even though their cars can cope far better than 2WD cars. It's the same following many 4WD cars over road humps.
You sound like my dad, jealous of those who did better than him!The car market has an unbelievable amount of wasted money in it. Ask yourself how much it costs to have 4WD capabilities in a car - it's actually many £thousands per car. Then think how many thousands of 4WD cars there are on our roads. Now ask yourself how many people really do use these 4WD capabilities of the car, and how many never, ever drive them off road, ie they only ever drive them where 2WD cars are every bit as capable.
Every time it snows you you can see 4WD drivers going gingerly along roads holding everyone else up, even though their cars can cope far better than 2WD cars. It's the same following many 4WD cars over road humps.
Many thousands, or even millions pay small fortunes for capabilities they never use, such is the amount of money around.
This unfair distribution of wealth is such a shame when many less well off people would really appreciate good car capabilities, but simply can't afford them. Then again, most people (arguably often the more well off?) would benefit immensely from more walking and cycling than they actually do ...
I agree with the general principle, but don't forget that a 4 x 4 with road tyres does not *stop* any more easily than a normal car (all cars have braking on all four wheels) so they are being sensible by driving carefully in winter. You see plenty in ditches from people who don't get that.