Trying to Justify a New EV

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tony wright

Original Poster:

1,008 posts

255 months

Wednesday 21st January 2015
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Can get a new Leaf on PCP for £189 a month, over two years. Cost, including charging for 15k (7.5 per year) over 24mth's is under 5k, then hand car back. Or, buy a small car for 3k, and factor in 2k fuel costs for 15k over 24mth.

With a second hand ICE I'll still have the residual value of the car but, also have to allow for possible repair bills and consumables as it will be 2nd hand. So working on this theory I imagine I'd be about 1.5k better off financially. I know I've probably missed something but the biggest issue is driving a brand new car for two years versus an oldish runaround for the sake of fifteen hundred quid.

What would you do, or any better suggestions?

DSLiverpool

14,984 posts

207 months

Wednesday 21st January 2015
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Have you driven sn EV I would prefer it to an older ice

Jimmyarm

1,962 posts

183 months

Thursday 22nd January 2015
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DSLiverpool said:
Have you driven sn EV I would prefer it to an older ice
This, and they are good fun. Had my first proper go in one last night and the Zoe is a good little car.

Its like driving round in a little spacebug =) lol

tony wright

Original Poster:

1,008 posts

255 months

Thursday 22nd January 2015
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Yes, driven both Leaf and Zoe and thought they were great (preferred the Leaf over the Zoe) but, now I've retired (gone to 50% wage) I have to try and justify costs. I suppose I could use the "it's a new car so less likely to breakdown and covered under warranty theory" although reading the Zoe stories not sure if countsbiggrin

Don't need the car till March so will need to order the Leaf soon if I'm going to do it.

robt350c

160 posts

133 months

Thursday 22nd January 2015
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Would go for the Leaf (I did and it's been great!) though depends a lot on what type of journeys you need to do / ease of charging at home.

I'm considering upgrading my MK1 Leaf at the moment with a two year PCP deal. Does anyone know what a good monthly payment target would be for a new Tekna with around 10,000 miles per year?


tony wright

Original Poster:

1,008 posts

255 months

Thursday 22nd January 2015
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Tekna deal for me was £219 a month 0 deposit for 7.5k per annum (24mth), although this is an Nissan employees deal as a friend.

robt350c

160 posts

133 months

Thursday 22nd January 2015
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Thanks Tony that gives me something to aim for.

I purchased my current MK1 Leaf outright pre-reg for £19500. Was a company purchase thus got 20% off that effectively as a corporation tax offset - £14500. At nearly three years old (I've had it for 2 and a quarter years) I would think it's now worth around £8K (minus another £1.6K payback of company tax if I sell it). So depreciation has worked out at roughly £3600 per year.

Looks like will be cheaper to go PCP if I can get a similar monthly deal as yourself.

pboyall

176 posts

126 months

Thursday 22nd January 2015
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Guys on leaftalk say they have a £150 a month deal with £500 down on Teknas with metallic paint ... no codes required.

tony wright

Original Poster:

1,008 posts

255 months

Friday 23rd January 2015
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pboyall said:
Guys on leaftalk say they have a £150 a month deal with £500 down on Teknas with metallic paint ... no codes required.
That's a great deal, unfortunately they say it's no longer availablefrown Would be great to find out if there are any more near that price though.

pboyall

176 posts

126 months

Friday 23rd January 2015
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Suspect you would need to spend the day phoning round dealers - one may be in danger of missing their volume bonus and will basically give you a Leaf in order to hit target.

tony wright

Original Poster:

1,008 posts

255 months

Friday 23rd January 2015
quotequote all
pboyall said:
Guys on leaftalk say they have a £150 a month deal with £500 down on Teknas with metallic paint ... no codes required.
Yes, limited offer now finishedfrown They still have a pretty good deal though but, unfortunately not as good as the one I already have. If anyone is interested it's £1,000 deposit and £183 a month for two years on a Tekna. I spoke to a guy called Jacky on 01224 402990 and their based in Aberdeen.

tony wright

Original Poster:

1,008 posts

255 months

Friday 23rd January 2015
quotequote all
pboyall said:
Suspect you would need to spend the day phoning round dealers - one may be in danger of missing their volume bonus and will basically give you a Leaf in order to hit target.
When do they start worrying about sales volume, early, middle of March?

hab1966

1,102 posts

217 months

Friday 23rd January 2015
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I bought mine from Richard Davies at Chorley Nissan in Burnley. Got a good deal from him and he is well regarded on some of the other EV sites.

pboyall

176 posts

126 months

Friday 23rd January 2015
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tony wright said:
When do they start worrying about sales volume, early, middle of March?
Not sure to be totally honest - I have a feeling it is actually cars registered by end of January. That seems like a pretty good deal really - sub £200 a month on a Tekna is very good indeed and it's a small deposit. Probably only the 3.3 charger and solid paint, but for that money both are livable.

I have a Tekna myself and it really is a nice car. Not a £30K car, no, but a £20K one yes. Even with today's fuel prices I would be burning £160 a month in petrol so £183 would be a bargain!


tony wright

Original Poster:

1,008 posts

255 months

Friday 23rd January 2015
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There lies my problem, now I'm retired I'd be lucky to do 150 miles a week. Makes more financial sense to buy a small runaround but, I really fancy a new EVfrown

pboyall

176 posts

126 months

Friday 23rd January 2015
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Hmm, awkward. Maybe an older Generation 1 Leaf. Down to 8500 or less now.

IN51GHT

8,818 posts

215 months

Saturday 24th January 2015
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Despite my problems, may I suggest a look at a Zoe, available for around £150 a month brand new, £129 deposit.

http://www.evanshalshaw.com/brands/renault/ze-rang...

Tophatron

425 posts

226 months

Saturday 24th January 2015
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IN51GHT said:
Despite my problems, may I suggest a look at a Zoe, available for around £150 a month brand new, £129 deposit.

http://www.evanshalshaw.com/brands/renault/ze-rang...
They're back to being that cheap already? Wow, I thought it would take longer.

budfox

1,510 posts

134 months

Saturday 24th January 2015
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I can't speak highly enough of my Leaf. It's the Acenta model and after 5k miles I still think "wow" every time I drive it.

If you are in the market fr a new, or fairly new car of that size, and if your driving habits work with the mileage limitations, it really is a no-brainer.

Great car to drive, very well built, very well equipped and a really nice place to be.

IN51GHT

8,818 posts

215 months

Sunday 25th January 2015
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I looked at the Leaf and the Zoe, had a week in each of them.

Overall the Zoe won as in my opinion it had a nicer cabin & was dynamically better.