EV choice best future proof one for the money
Discussion
We have just had solar panels installed and they’re producing a ridiculous amount daily, (24 panels).so a home battery is also now in the offing.
I’ve convinced the missus that an electric car is the way to go as we do about 250miles a week in her car. So will save a decent amount via home charging.
Budget anywhere between £12k to high end £17k for the right car. Would be bought through limited company so we’d get some tax relief.
Want something that will fit the suitcases in for family holiday and with decent range. Although furthest we’ll drive in one go is probably the 240 miles or so to London. So the range anxiety thing doesn’t overly bother me but I’d prefer 250 miles plus and then with the future proofing element something that is capable of charging efficiently on the super fast chargers as they become more prevalent.
I’m a jag man so would initially go for the ipace but I’m aware of their issues, I like the EV6 but it’s probably out of budget atm so I wondering if we wait 6 months or so are we likely to see some more rapid depreciation in some EVs?
The depreciation doesn’t bother us to much in ownership as we’ll probably hang on to it for 4 - 5 years
I’ve convinced the missus that an electric car is the way to go as we do about 250miles a week in her car. So will save a decent amount via home charging.
Budget anywhere between £12k to high end £17k for the right car. Would be bought through limited company so we’d get some tax relief.
Want something that will fit the suitcases in for family holiday and with decent range. Although furthest we’ll drive in one go is probably the 240 miles or so to London. So the range anxiety thing doesn’t overly bother me but I’d prefer 250 miles plus and then with the future proofing element something that is capable of charging efficiently on the super fast chargers as they become more prevalent.
I’m a jag man so would initially go for the ipace but I’m aware of their issues, I like the EV6 but it’s probably out of budget atm so I wondering if we wait 6 months or so are we likely to see some more rapid depreciation in some EVs?
The depreciation doesn’t bother us to much in ownership as we’ll probably hang on to it for 4 - 5 years
At £17k max your options will be really limited if you need 250mile range Tesla model 3 can be picked up for that much. (Although do check insurance quotes as I found them very expensive)
You may get into more used polestar 2, enyaq or ID4 but 250miles in the winter will be a struggle for those without some very careful driving.
Everything will charge fine on ultra fast chargers but if you want super fast speeds then the Korean cars appear to have the edge on paper but there are a few parts to the charging equation like state of charge (SOC) of the car, temperature, charger capability etc etc etc.
having said that don't get too hung up on charging rates. Change the mindset a little to charging as you do something else (like having a coffee) And only charging for what you need rather than filling up entirely like you would with an petrol car and it changes the game a little
All cars will continue to depreciate of course but it does feel like the huge depreciation of things like the ev6 has slowed a bit now they have got to 3 years old and the 20k mark. I imagine in another years time they would have dropped further (like all cars) and will likely be in your price range.
How much money will you save by not having to put petrol in the car?
You may get into more used polestar 2, enyaq or ID4 but 250miles in the winter will be a struggle for those without some very careful driving.
Everything will charge fine on ultra fast chargers but if you want super fast speeds then the Korean cars appear to have the edge on paper but there are a few parts to the charging equation like state of charge (SOC) of the car, temperature, charger capability etc etc etc.
having said that don't get too hung up on charging rates. Change the mindset a little to charging as you do something else (like having a coffee) And only charging for what you need rather than filling up entirely like you would with an petrol car and it changes the game a little
All cars will continue to depreciate of course but it does feel like the huge depreciation of things like the ev6 has slowed a bit now they have got to 3 years old and the 20k mark. I imagine in another years time they would have dropped further (like all cars) and will likely be in your price range.
How much money will you save by not having to put petrol in the car?
Edited by drgoatboy on Sunday 11th May 10:03
Why not lease instead of buy outright? You can claim half the Vat back and claim full cost against profits. Buying second hand you can't, and when you do sell you'll pay Corp tax on the sale price.
And yeah, you do not want a £17k ipace, plus they won't do 250m in the real world at motorway speeds without stopping, infact none many EVs can esp in winter, so you will need to rely on public charging. You might be tempted by the VW Id range, but theyre a bit crap and VW aren't much more reliable than JLR nowadays.
Tesla m3 is best EV at that price range, but probably too small, and the MY is out of budget.
Also not sure what you mean by future proof. If you're thinking V2G then there's not many options, infact I don't think the UK supports it at the moment outside of a few trials.
And yeah, you do not want a £17k ipace, plus they won't do 250m in the real world at motorway speeds without stopping, infact none many EVs can esp in winter, so you will need to rely on public charging. You might be tempted by the VW Id range, but theyre a bit crap and VW aren't much more reliable than JLR nowadays.
Tesla m3 is best EV at that price range, but probably too small, and the MY is out of budget.
Also not sure what you mean by future proof. If you're thinking V2G then there's not many options, infact I don't think the UK supports it at the moment outside of a few trials.
Edited by Pickle_Rick on Sunday 11th May 10:49
I have run an iPace for 3 years and it has been brilliant. The only EV that betters it to drive, that I have tried anyway, is the Taycan / Etron GT.
Yes, it's older tech. Yes it's a Jag. But later models have had most of the issues updated / ironed out (eg battery - which was not Jag's fault - and windscreen which was). And nearly new ones are bargains now (late £30s). A lot of car for the money and it has a 3 year warranty, extendable for just over £800 pa in my case. They are built by Magna Steyr and mine is very well screwed together (no squeaks or rattles after 3 years in mine, so far....).
If only it was simpler to use the battery in your EV as a reservoir for your solar. The one on the iPace is big. Makes home batteries look ridiculously expensive (£40K plus for same capacity in a Tesla Powerwall 3).
As per post above the i3s is best EV I have had, but really only for local stuff. We are on our second.
Edited to add: for perspective, my other cars are a 911 and a Clubsport S. So I like petrol. And driving
Yes, it's older tech. Yes it's a Jag. But later models have had most of the issues updated / ironed out (eg battery - which was not Jag's fault - and windscreen which was). And nearly new ones are bargains now (late £30s). A lot of car for the money and it has a 3 year warranty, extendable for just over £800 pa in my case. They are built by Magna Steyr and mine is very well screwed together (no squeaks or rattles after 3 years in mine, so far....).
If only it was simpler to use the battery in your EV as a reservoir for your solar. The one on the iPace is big. Makes home batteries look ridiculously expensive (£40K plus for same capacity in a Tesla Powerwall 3).
As per post above the i3s is best EV I have had, but really only for local stuff. We are on our second.
Edited to add: for perspective, my other cars are a 911 and a Clubsport S. So I like petrol. And driving
Edited by Discombobulate on Sunday 11th May 13:52
I have an Ioniq 5 73kwh which I can recommend, great range, and fast changing when I need it, also very roomy and comfortable.
http://www.autotrader.co.uk/car-details/2025021390...
Also, Musk aside, the Tesla Model 3 long range maybe?
http://www.autotrader.co.uk/car-details/2025042115...
After owning one, whilst a great drive, I couldn't recommend an iPace die to it's issues and although personal, my dealership experience.
http://www.autotrader.co.uk/car-details/2025021390...
Also, Musk aside, the Tesla Model 3 long range maybe?
http://www.autotrader.co.uk/car-details/2025042115...
After owning one, whilst a great drive, I couldn't recommend an iPace die to it's issues and although personal, my dealership experience.
Can you buy a 2nd hand car through a ltd and still get all the reliefs? As being realistic, 12-17k ain't got a lot of new stuff in it.
And this 250 miles, one journey or bits and bobs? And is the car at home during the day to get direct charge, rather than having to spend a sodding fortune on a battery when it is parked and the sun is no longer out?
And this 250 miles, one journey or bits and bobs? And is the car at home during the day to get direct charge, rather than having to spend a sodding fortune on a battery when it is parked and the sun is no longer out?
macron said:
Can you buy a 2nd hand car through a ltd and still get all the reliefs? As being realistic, 12-17k ain't got a lot of new stuff in it.
And this 250 miles, one journey or bits and bobs? And is the car at home during the day to get direct charge, rather than having to spend a sodding fortune on a battery when it is parked and the sun is no longer out?
The 250 miles is bits and bobs, generally 30 miles a day so it'll be partial charging each night off the battery rather than a full charge regularly. And this 250 miles, one journey or bits and bobs? And is the car at home during the day to get direct charge, rather than having to spend a sodding fortune on a battery when it is parked and the sun is no longer out?
You get partial relief on a second hand electric, about 20% of the cars value on a reducing balance based on the cars value each year, rather than the full 100% relief on a new one. Can't claim VAT for either purchase or lease as it won't solely be for business use.
Plan would be to sell current ICE car, put money into Ltd and buy the electric car and get the relief. Company would also owe us that money via directors loan so can be extracted back out tax free from profits.
Future proofing refers more to the ability to fast charge as more and more 250KW chargers (or better tech) becomes available. And that probably leans more towards my impatience of being overtaken by the other cars ive overtaken whilst parker up charging haha
I do like my tech in cars, which is one reason I like the Tesla linked, I like the fact that they'll help avoid collisions etc.
And having previously had Jags i like the IPACE for that reason.
macron said:
Can you buy a 2nd hand car through a ltd and still get all the reliefs? As being realistic, 12-17k ain't got a lot of new stuff in it.
And this 250 miles, one journey or bits and bobs? And is the car at home during the day to get direct charge, rather than having to spend a sodding fortune on a battery when it is parked and the sun is no longer out?
We moved a year ago into a house that had solar panels and a Tesla Powerwall battery already fitted, we're on Octopus Go and the one thing I can't get my head around is that it works out more cost effective per kwh to feed the excess solar back into the grid and charge the car overnight on the cheap overnight rate...And this 250 miles, one journey or bits and bobs? And is the car at home during the day to get direct charge, rather than having to spend a sodding fortune on a battery when it is parked and the sun is no longer out?
Can't say that I would personally pay for the cost of the Tesla Powerwall myself.... and we're on the South Coast!
jamesbilluk said:
I have an Ioniq 5 73kwh which I can recommend, great range, and fast changing when I need it, also very roomy and comfortable.
http://www.autotrader.co.uk/car-details/2025021390...
Also, Musk aside, the Tesla Model 3 long range maybe?
http://www.autotrader.co.uk/car-details/2025042115...
After owning one, whilst a great drive, I couldn't recommend an iPace die to it's issues and although personal, my dealership experience.
What spec Ioniq 5 have you got? I'm considering one on a salary sacrifice scheme but they get a bit expensive once you start looking at higher-spec models!http://www.autotrader.co.uk/car-details/2025021390...
Also, Musk aside, the Tesla Model 3 long range maybe?
http://www.autotrader.co.uk/car-details/2025042115...
After owning one, whilst a great drive, I couldn't recommend an iPace die to it's issues and although personal, my dealership experience.
Animal said:
jamesbilluk said:
I have an Ioniq 5 73kwh which I can recommend, great range, and fast changing when I need it, also very roomy and comfortable.
http://www.autotrader.co.uk/car-details/2025021390...
Also, Musk aside, the Tesla Model 3 long range maybe?
http://www.autotrader.co.uk/car-details/2025042115...
After owning one, whilst a great drive, I couldn't recommend an iPace die to it's issues and although personal, my dealership experience.
What spec Ioniq 5 have you got? I'm considering one on a salary sacrifice scheme but they get a bit expensive once you start looking at higher-spec models!http://www.autotrader.co.uk/car-details/2025021390...
Also, Musk aside, the Tesla Model 3 long range maybe?
http://www.autotrader.co.uk/car-details/2025042115...
After owning one, whilst a great drive, I couldn't recommend an iPace die to it's issues and although personal, my dealership experience.
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