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Two millionth electric car registered as market rebounds from tax changes

smmt.co.uk

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Re: Two millionth electric car registered as market rebounds from tax changes

#101

Post by alistairSH »

vkou wrote: post #76
alt227 wrote: post #69

Earlier quoted context omitted.

But how long until those children are no longer in nursery and you are not subsedised for it? In ~2 years you will no longer have this help, you will be paying through the nose for the outstanding amount on your new car, and your take home will be significantly less each month.

Yeah, but you'll have a new car. Obviously if you don't need a new car, it's a really bad financial decision to buy one. And even if you do, it might be a bad financial decision to buy one.

Obviously if you don't need a new car, it's a really bad financial decision to buy one.

It's almost always a bad financial decision to buy a new car. The first-year depreciation is unreal.

We just bought a 1 year old Audi Q5 in the US for ~30% discount over new. And with the Audi CPO program, the warranty is just as long as a new model.

Re: Two millionth electric car registered as market rebounds from tax changes

#102

Post by rootusrootus »

baq wrote: post #88
1970-01-01 wrote: post #77

Why is the most unsaid part out of all of this fuel nonsense is that there are less cars dumping emissions into the air. The Iran war may be the best driver we've had for air quality. Bring more EVs, they're overdue by a decade.

Donald Trump and Beniamin Netanyahu in a single year did more to curb emissions than all green activists since the inception of green activism. Nobel Peace Prize worthy if you ask me!

Reverse psychology works very well on Trump but probably not Netanyahu.

Re: Two millionth electric car registered as market rebounds from tax changes

#103

Post by washingupliquid »

oblio wrote: post #84
washingupliquid wrote: post #21

Earlier quoted context omitted.

[flagged]

Or they could buy a super cheap SH EV when their current ICE car stops working.

And if they rent or otherwise don't own a home with a driveway? In the UK with its strict electrical codes, your charger must be installed by a loiscensed electrician. So add £1k right there.

Your money saving effort suddenly becomes a major inconvenience to fuel your car.

Re: Two millionth electric car registered as market rebounds from tax changes

#104

Post by Johnny555 »

LeoPanthera wrote: post #4
bloak wrote: post #2

I am so confused by the categorisation of cars: BEV, HEV, PHEV and so on. I think the industry insiders who write some of these articles don't realise how hard it is for some of their readers to keep track.

Ignore the "EV" part. B = Battery H = Hybrid PH = Plug-in hybrid (Same as a hybrid but you can charge up the hybrid battery at home)

> PH = Plug-in hybrid (Same as a hybrid but you can charge up the hybrid battery at home)

You can, but in practice most people don't. And I can understand why -- it's inconvenient to have to plug in after every short trip, and the short electric range of most PHEV's means you do have to plug in after every short trip.

I plug in my EV around once a week, and it's more convenient than going to the gas station, but I'm not sure I'd want to have to plug it in every time I come home from even a short trip to the supermarket.

Re: Two millionth electric car registered as market rebounds from tax changes

#105

Post by mytailorisrich »

alt227 wrote: post #69
physicsguy wrote: post #56

The biggest seller of EVs here is the salary sacrifice schemes that give a huge discount to high earners, especially those with kids. Imagine you're on taxable income of £120k and have two chidlren in nursery. Currently you get no help with childcare costs from the government. From my own experience it's ~£6000 subsidy per child. You can currently take out an EV salary sacrifice scheme for ~£600 per month (pre tax),…

But how long until those children are no longer in nursery and you are not subsedised for it? In ~2 years you will no longer have this help, you will be paying through the nose for the outstanding amount on your new car, and your take home will be significantly less each month.

There is no need to go that high in salary (a lucky very small minority). The higher income tax band (40%) kicks in at 50k. Salary sacrifice schemes offer huge savings to many people.

Re: Two millionth electric car registered as market rebounds from tax changes

#106

Post by jbm »

afavour wrote: post #61
theginger wrote: post #29

Earlier quoted context omitted.

A lot of fast chargers are over $1 per kwh so unless you have access to home charging there isn't much room for savings.

But compared to the US home charging via a mains outlet is much more viable because it's 240v vs 110v. If you plug you car overnight you'll typically have enough charge to last you the next day.

I've been doing level 1 charging for the past 3 years or so. It is fine even in cold Calgary (albeit in an unheated garage)

Unless you are regularly doing upwards of 150 km/ day, it's fine.

Re: Two millionth electric car registered as market rebounds from tax changes

#107

Post by Oras »

iso1631 wrote: post #42
Oras wrote: post #18

Doesn’t increasing fuel price affect the electricity prices, which increases the charging cost?

Electric price in the uk on an off peak tariff overnight is about 7p/kWh, or about 2p/mile, so charging your car overnight with the average electric mileage (10,000 miles a year - higher than the average mileage) costs £200, about £1300 a year less than petrol.

Thanks, I didn’t know about variable tariffs. But can this be residential or has to be on designated charging points?

Re: Two millionth electric car registered as market rebounds from tax changes

#108

Post by alistairSH »

moepstar wrote: post #41
rsynnott wrote: post #27

Earlier quoted context omitted.

> Same as a hybrid but you can charge up the hybrid battery at home And, in practice, the battery tends to be much, much bigger. Some PHEVs are basically mediocre-range electric cars which happen to have a petrol generator.

Which ones? A colleague drives a BMW 3something hybrid and as far as i know has a 14kWh battery.. Thats good for about a 100km, but i very much wouldn't consider that a "fully" electric car by any means (edit: did you edit your post? couldve sworn you said "fully electric" instead of "mediocre range"?)... Also, what most people don't realize: if you're only (or mostly) driving it electric, you're putting many more cy…

The latest Honda Civic Hybrid (and its Prelude cousin). The ICE is a generator under most use cases - it's decoupled from the drivetrain most of the time. That said, the battery capacity isn't great - you aren't going to complete many trips out of your immediate neighborhood on EV power alone.

Re: Two millionth electric car registered as market rebounds from tax changes

#109

Post by rootusrootus »

baq wrote: post #99
giobox wrote: post #80

Earlier quoted context omitted.

This isn't as big an advantage as you might think, as a huge number of US homes have 240v sockets to power the clothes dryer: > https://getneocharge.com/a/blog/identifying-your-240v-dryer-... Almost everyone I know with an EV charging at home just reused the 240v dryer socket to avoid paying for a dedicated fast charger. It's often cheaper too to have an electrician fit a new 240v socket instead of the dedicated char…

Home chargers with dedicated sockets is three phase 400v actually over here in the EU and every single home, and even relatively new apartments have that because of induction stoves.

> every single home

Let me guess, you live in Germany? :)

Three phase power is definitely not 100% in the EU. Not even in Germany, though adoption does tend to be higher than neighboring countries.

And FWIW, I find that my induction cooktop works wonderfully on plain old 240V 40A, so I do not think it is a requirement to get three-phase for that ;-).

Re: Two millionth electric car registered as market rebounds from tax changes

#110

Post by traceroute66 »

vkou wrote: post #76
alt227 wrote: post #69

Earlier quoted context omitted.

But how long until those children are no longer in nursery and you are not subsedised for it? In ~2 years you will no longer have this help, you will be paying through the nose for the outstanding amount on your new car, and your take home will be significantly less each month.

Yeah, but you'll have a new car. Obviously if you don't need a new car, it's a really bad financial decision to buy one. And even if you do, it might be a bad financial decision to buy one.

> Obviously if you don't need a new car, it's a really bad financial decision to buy one.

I dunno ....

At least two EV manufacturers offer a 7 year warranty on new cars on all parts INCLUDING the battery.

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