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"Diesel " Agreed ..... all day long | |||
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"I'm looking a cars at the moment, and really don't know what the best way to go is. Im self employed, with business use of only about 5%, so the tax benefits of an electric car don't really make a lot of difference to me with such a low business use. I feel potentially purchasing an electric car may not be a great idea because it just won't hold its value, as the battery in about 10 years woould need replacing and therefor make the car have a low residual value. I bought my current car 10 years ago when it was five years old so this is a whole different way of doing things. I'm not even sure whether to look at leases, PCP plans or really what to do. Any advice is appreciated. Please keep the messages in the thread so whomever can contribute if they would like to. " Real world evidence has actually shown that EV batteries actually last MUCH better than expected with most used EVs still having 80% or more of their original range. Also, according to the repair & recovery industries, EVs are 60% less likely to break down. Cal | |||
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"Personally I don't think Ev is ever going to be here to stay it's more of a stop gap as there is no infrastructure in a place for them, also the batteries are just not good enough for real world driving, then there is the cost If I were you I go Hybrid preferably a petrol version Personally I would stick with a nice V8 Petrol" Seriously not true with the infrastructure, there are so many charge points if you know where to look. But I would definitely consider a hybrid! | |||
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"Totally agree with this I’ve had an EV on sacrifice for four years. Just signed this morning to replace it with another. The charging for long journeys isn’t an issue anymore. You get 300 miles easily and that’s realistically 5 hours. I’m stopping after 5 hours for 30 mins regardless. " But useless when you have power cut and get that reg here | |||
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"Insurance seems to be higher on EVs for some reason. " I think it's just because of the much higher cost for equivalent cars. We had an electric for a few years and for 95% of our driving it was brilliant. My advice is always based on these things: Do you regularly do long motorway journeys (more than 75% of the stated range). Do you have the ability to charge at home easily How many miles do you do a year Charging on the go is a bit of a pain, but fine if you only need to top up from 20% to 50-80%. Driving on the motorway eats the battery quickly compared to city driving. Charging at home is cheap and easy. If you always have to top up away it's expensive and not far off cost of petrol per mile. The extra cost of an electric car erodes the benefits of the price per mile even if charging at home. That is unless you do lots of shortish trips (say under 150 miles round trip and 8k+ a year) and less if you have solar power at home If these aren't issues for you then electric is amazing. Otherwise for now you'd be better getting a cheap petrol car My final advice is I vastly prefer lease to PCP, in fact better than any form of buying a new car really. You can choose your deposit from zero to 12 months and the payments are lower,z some incredible deals on at the moment. 3 years later you can get yourself a new one again or just go and buy a 2nd hand car. Add insurance for wheel trims etc and you can get maintenance, otherwise you need to pay for servicing yourself. Good luck | |||
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"Someone said very interestingly, that when no new petrol or diesel cars are allowed to be sold in the UK, in 2030, will it become much more expensive to maintain existing ones, and will the government be doing things to make it more difficult to keep them on the road like extra taxes. I felt this was an interesting point and wondered what people thought about that?" I imagine manufacturers will maintain a high stock of parts for those last cars sold, plus, there’ll still be millions of 2nd hand petrol of diesel cars on the road for years after that. Maybe 10-15 after the ‘ban’, it might start to become an issue. I guess it depends if parts makers and suppliers see any profit in it by then. | |||
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"Someone said very interestingly, that when no new petrol or diesel cars are allowed to be sold in the UK, in 2030, will it become much more expensive to maintain existing ones, and will the government be doing things to make it more difficult to keep them on the road like extra taxes. I felt this was an interesting point and wondered what people thought about that?" By 2030 we may have a new party in government who have already stated they will scrap net zero policies and allow petrol and diesel cars to be sold as normal | |||
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"Personally unless your current vehicle is being very unreliable or simply rusting away I'd be inclined to keep it and run it into the ground. The overall environmental cost will be less, you already own it so no finance to keep up and I think at the moment the car industry is in a state of flux and (abit like the whole beta max/VHS thing for those that remember) id not want to invest on the losing tech. Which is why I'm keeping my 10y old van " That’s my plan too. | |||
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"Someone said very interestingly, that when no new petrol or diesel cars are allowed to be sold in the UK, in 2030, will it become much more expensive to maintain existing ones, and will the government be doing things to make it more difficult to keep them on the road like extra taxes. I felt this was an interesting point and wondered what people thought about that?" Politically that would be a bold move. It only works if most people have moved to a different solution that they are happy with. | |||
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"I also strongly disagree with anyone that says there isn’t the infrastructure for electric cars, using the zap map app, there are always loads of places to charge on whatever route you take, just sometimes needs a little planning beforehand. However switching to octopus, being put over to their EV rates and charging at home, for us, is 10 times cheaper" Octopus are so good, so generous too. Some days they pay you for taking power , I’m spending a fraction of what I was this time last year | |||
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"If you can get it through a company then EV. The tax treatment is so much better of EV company cars. As a sole trader you can’t take advantage of that. But it would be worth asking an accountant if it was worth incorporating so that you can do it (and other tax advantages). " Why would you ask an account this. It is always more beneficial to incorporate. You pay way less tax. You get VAT knocked off purchases, assets or protected, you can do much more on business expenses such as VAT free vehicle leases. | |||
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"If you can get it through a company then EV. The tax treatment is so much better of EV company cars. As a sole trader you can’t take advantage of that. But it would be worth asking an accountant if it was worth incorporating so that you can do it (and other tax advantages). Why would you ask an account this. It is always more beneficial to incorporate. You pay way less tax. You get VAT knocked off purchases, assets or protected, you can do much more on business expenses such as VAT free vehicle leases." You don’t have to be incorporated to be reclaiming VAT (it’s not knocked off, you pay it and reclaim it) | |||
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"If you can get it through a company then EV. The tax treatment is so much better of EV company cars. As a sole trader you can’t take advantage of that. But it would be worth asking an accountant if it was worth incorporating so that you can do it (and other tax advantages). Why would you ask an account this. It is always more beneficial to incorporate. You pay way less tax. You get VAT knocked off purchases, assets or protected, you can do much more on business expenses such as VAT free vehicle leases." Why doesn't everybody incorporate them, there are a lot of sole traders who are not incorporated. | |||
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"So I have a hybrid Hyundai Ioniq, a full tank takes 40 litres & will drive around 550 miles. Before they changed the fuel type, it could do over 600 potentially. I don't understand the obsession with diesel, which is dirty but also a lot of towns are introducing congestion charges, eg London, Birmingham, Oxford. I drove a new Tesla from London to Birmingham last year. Electric makes sense if most of your driving is local. If you charge at home electric is cheaper. If you charge at a charging point it's about 40% cheaper than fuel. But much more expensive than home. In your position I'd buy electric, as most journeys are local. Diesel I guess makes sense if you travel long distance. But if you need to do that, then you can hire a diesel for the rare long drive. Perhaps a diesel enthusiast can advise why?" Diesel makes sense for me due to high miles I cover and the type of driving I mostly do- it's cheaper to run a large engine diesel than an average petrol engine (mpg wise) plus I find that diesel engines are a bit more reliable (at least in my experience). A hybrid vehicle doesn't make sense for me as covering distance it would be pretty much running on petrol. A hydrid might be good for someone who does a few miles locally (short commute etc) and very occasionally needs to do a longer drive. I like the idea of switching to electric (emissions and it's cheaper to charge) but right now I'm put off by a few things- there's not many that I actually like the look of and the ones that I do are prohibetely expensive. Currently I have nowhere at home to charge the thing up (which would be almost daily) and I'm concerned about the longevity of the battery life and the ethics of where the materials were extracted from (there's been allegations of human rights abused at the mines) | |||
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"Good used diesel any day. Lose to much buying new. Electric depreciation is terrible and range/charging is a nightmare. PCP don’t put much deposit down. Put low mileage in agreement and swap 3 years in on a four year agreement with different dealer. PM for more " How would it work swapping in a year early with a different dealer, and also if I put low mileage in but do higher mileage they'll be quite a big penalty to pay. I don't really understand but I'm very keen to know more. A low deposit is fine but it just makes the payments higher so in the end the effective monthly cost of having the car (before running costs) will still be quite high. Unders I understand it it makes no difference if it a low deposit as that just increases the monthly payments. | |||
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"So I have a hybrid Hyundai Ioniq, a full tank takes 40 litres & will drive around 550 miles. Before they changed the fuel type, it could do over 600 potentially. I don't understand the obsession with diesel, which is dirty but also a lot of towns are introducing congestion charges, eg London, Birmingham, Oxford. I drove a new Tesla from London to Birmingham last year. Electric makes sense if most of your driving is local. If you charge at home electric is cheaper. If you charge at a charging point it's about 40% cheaper than fuel. But much more expensive than home. In your position I'd buy electric, as most journeys are local. Diesel I guess makes sense if you travel long distance. But if you need to do that, then you can hire a diesel for the rare long drive. Perhaps a diesel enthusiast can advise why? Diesel makes sense for me due to high miles I cover and the type of driving I mostly do- it's cheaper to run a large engine diesel than an average petrol engine (mpg wise) plus I find that diesel engines are a bit more reliable (at least in my experience). A hybrid vehicle doesn't make sense for me as covering distance it would be pretty much running on petrol. A hydrid might be good for someone who does a few miles locally (short commute etc) and very occasionally needs to do a longer drive. I like the idea of switching to electric (emissions and it's cheaper to charge) but right now I'm put off by a few things- there's not many that I actually like the look of and the ones that I do are prohibetely expensive. Currently I have nowhere at home to charge the thing up (which would be almost daily) and I'm concerned about the longevity of the battery life and the ethics of where the materials were extracted from (there's been allegations of human rights abused at the mines)" All these are very good points. | |||
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"Just avoid like the plague Teslas or any of the Chinese Zippos and Ronsons! " Can I ask why you feel like that about the Chinese cars, there is one company that I'm looking at. | |||
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"There’s only a penalty for exceeding you contracted mileage if you run full term and swap with same dealer if you part ex in with another dealer they don’t want to know originally contract or deal it’s just a part ex " I believe there's a fine for leaving the contract early though? | |||
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"Just avoid like the plague Teslas or any of the Chinese Zippos and Ronsons! " Yes, there's plenty to see on Y** T*be regarding BYD aka burn your drive! | |||
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"Diesel. We can travel 500 miles on a tank then fill it a few minutes. Electric vehicle technology cannot match that. Not yet anyway. " Unfortunately the best diesels are gone. They were reliably, uncomplicated and ran just fine on cheap,legal, cooking oil for most of the year. Glad I was lucky enough to enjoy 10 years or so of owning one. Back on petrol automatic again. Can't afford the oncost of innovation or inconvenience and, above all, complexity | |||
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"Something about you in a Nissan figaro that hits right. A pink one naturally. " | |||
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"EVs only make financial sense at the moment, the government are going to need to replace the revenue that is starting yo be lost due to the increase in EVs, so road tax and electricity will start to rise soon " With regards to EVs and hybrids as I said the road tax rules are changing as of April For cars bought before April 2025 It’s 10 pounds in road tax in yr 1 of a cars life…. Then from year 2 onwards it’s 195 pounds per year The same applies for cars built after April 2025 with one major exception However .. if the car is worth more than 40000 pounds at it’s original selling price, then between year 2 and year 6 of that car’s life, it will have an “expensive EV road tax premium” of 410 pounds per year on top of the 195.. so in year 2 to 6 of a 40k plus EV, in effect it would cost £605 per year in road tax If you keep the car from year 7 it goes back down to 195 pounds per year | |||
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"EVs only make financial sense at the moment, the government are going to need to replace the revenue that is starting yo be lost due to the increase in EVs, so road tax and electricity will start to rise soon With regards to EVs and hybrids as I said the road tax rules are changing as of April For cars bought before April 2025 It’s 10 pounds in road tax in yr 1 of a cars life…. Then from year 2 onwards it’s 195 pounds per year The same applies for cars built after April 2025 with one major exception However .. if the car is worth more than 40000 pounds at it’s original selling price, then between year 2 and year 6 of that car’s life, it will have an “expensive EV road tax premium” of 410 pounds per year on top of the 195.. so in year 2 to 6 of a 40k plus EV, in effect it would cost £605 per year in road tax If you keep the car from year 7 it goes back down to 195 pounds per year " And as we know that could change any time soon | |||
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"EVs only make financial sense at the moment, the government are going to need to replace the revenue that is starting yo be lost due to the increase in EVs, so road tax and electricity will start to rise soon With regards to EVs and hybrids as I said the road tax rules are changing as of April For cars bought before April 2025 It’s 10 pounds in road tax in yr 1 of a cars life…. Then from year 2 onwards it’s 195 pounds per year The same applies for cars built after April 2025 with one major exception However .. if the car is worth more than 40000 pounds at it’s original selling price, then between year 2 and year 6 of that car’s life, it will have an “expensive EV road tax premium” of 410 pounds per year on top of the 195.. so in year 2 to 6 of a 40k plus EV, in effect it would cost £605 per year in road tax If you keep the car from year 7 it goes back down to 195 pounds per year And as we know that could change any time soon " I pay that additional tax element on my current petrol Audi. | |||
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" road tax and electricity will start to rise soon " And here we have the problem with fuelling transport from a utility. Especially given that we’re being pushed to go electric for heating (heat pumps) and cooking. Ditch gas, no more standing charge. But if leccy prices go up because of car usage that’s going to punish the poorest people in society who already struggle to heat their homes. So it’s more likely that vehicle taxation is increased for all fuel types. That will still leave electric vehicles cheaper to run than ICE and encourage the switch whilst allowing us to keep the lights on. | |||
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