Reducing carbon emissions

[ColchesterFC]

The OTR price is almost irrelevant. How much will it cost per month?

Does the Corsa E come with additional options compared to the standard?

Do people not do the maths on overall cost of ownership? I’d be surprised if many EVs came out much more expensive then the equivalent ICE.

I'd be interested to see the figures for buying a standard Corsa for £16k versus the E version at £26k. Assuming both bought on 0% finance how long would it take to recoup the £10k difference driving say 6000, 8000 or 10000 miles per year between petrol costs and electric charging. Is there much difference in the costs of MOT/servicing ICE v Electric?

 

[GreiginFife]

The OTR price is almost irrelevant. How much will it cost per month?

Does the Corsa E come with additional options compared to the standard?

Do people not do the maths on overall cost of ownership? I’d be surprised if many EVs came out much more expensive then the equivalent ICE.

Absolutely spot on.

BMW 840i OTR £75,995 - Deposit £5000 with monthly payments of £715

BMW i4 M50 OTR £64,995 - Deposit £5000 with monthly payments of £896

The OTR means nothing.

I am on the i4 wait list but looking more and more likely that it will be in to 2023 with delays and order book as it is.

 

[PJ87]

I'd be interested to see the figures for buying a standard Corsa for £16k versus the E version at £26k. Assuming both bought on 0% finance how long would it take to recoup the £10k difference driving say 6000, 8000 or 10000 miles per year between petrol costs and electric charging. Is there much difference in the costs of MOT/servicing ICE v Electric?

Mot is the same

Servicing is cheaper due to lack of things that need monitoring / changing

12,000 miles a year lease costs me £275 per month

A quick look with same figures Is £240 a month as the e model is top of range so going for similar is £240

£35 a month difference which fuel wise I'm paying £20 a month for 1000 miles a month instead of whatever it would be now in that car

 

[Blue in Munich]

The OTR price is almost irrelevant. How much will it cost per month?

Does the Corsa E come with additional options compared to the standard?

Do people not do the maths on overall cost of ownership? I’d be surprised if many EVs came out much more expensive then the equivalent ICE.

Corsa Elite petrol; £19,080 OTR, customer deposit £2,862, Deposit including Vauxhall contribution £3,112, 48 months @ £225.73, option to buy £7,144.

Corsa Elite E; £31,045 OTR, customer deposit £4,261.25, Deposit including Vauxhall contribution £7,761.25, 48 months @ £290, option to buy £12,405.

That looks considerably more expensive than a petrol engine version to me, please tell me what I'm missing?

 

[Bunkermagnet]

One thing I can't help but feel with the EV's now, is how no one talkls of owning one for it's whole lifetime, only "for 3 years then replace it". Surely this push to replace every 3 years does nothing to help the planet, does nothing to help people to sort their finances out and does nothing to incentivise the manufacturers to produce a better and longer lasting product.

 

[PJ87]

One thing I can't help but feel with the EV's now, is how no one talkls of owning one for it's whole lifetime, only "for 3 years then replace it". Surely this push to replace every 3 years does nothing to help the planet, does nothing to help people to sort their finances out and does nothing to incentivise the manufacturers to produce a better and longer lasting product.

Majority of reason for that is to test the water before buying one

To see how the battieres truly last against claims in terms of wear

The company I mention in Surrey that breaths life into old leafs is very much full of people who want to keep their MK1 going because they don't want to waste it

I'm impressed with year 1 of leasing, if I feel same in year 4 I can look to own one that will suit us better like the Skoda

No point if electric falls on its butt and hydrogen takes off

 

[Blue in Munich]

One thing I can't help but feel with the EV's now, is how no one talkls of owing one for it's whole lifetime, only "for 3 years then replace it". Surely this push to replace every 3 years does nothing to help the planet, does nothing to help people to sort their finances out and does nothing to insentivise the manufacturers to produce a better and longer lasting product.

In fairness I don't think that applies only to EV's; be it an EV or an ICEV the tendency seems to be to effectively rent it on a PCP rather than buy it.

Although we are currently buying Mrs BiM's car on a PCP, we insisted the figures were shifted to a higher monthly payment to leave a vastly reduced option to buy price, which we will exercise & then be payment free.

 

[Bunkermagnet]

In fairness I don't think that applies only to EV's; be it an EV or an ICEV the tendency seems to be to effectively rent it on a PCP rather than buy it.

Although we are currently buying Mrs BiM's car on a PCP, we insisted the figures were shifted to a higher monthly payment to leave a vastly reduced option to buy price, which we will exercise & then be payment free.

I suppose in fairness, Merc sell I think it's 90% of their cars to a lease/PCP.
Whatever powers them, thats a huge ticking timebomb and doesn't help the planet.

 

[PJ87]

I suppose in fairness, Merc sell I think it's 90% of their cars to a lease/PCP.
Whatever powers them, thats a huge ticking timebomb and doesn't help the planet.

It's a money spinner

Some car companies will price them so u normally can buy the car then you will make say £2000 selling it and that becomes tour next deposit, tying you in

BMW were famous for getting you in on really low monthly to have a huge balloon so everyone just had to hand back. Nothing to show to go back on a ,"deal" BMW offered them

 

[Blue in Munich]

I suppose in fairness, Merc sell I think it's 90% of their cars to a lease/PCP.
Whatever powers them, thats a huge ticking timebomb and doesn't help the planet.

Indeed.

 

[fundy]

Corsa Elite petrol; £19,080 OTR, customer deposit £2,862, Deposit including Vauxhall contribution £3,112, 48 months @ £225.73, option to buy £7,144.

Corsa Elite E; £31,045 OTR, customer deposit £4,261.25, Deposit including Vauxhall contribution £7,761.25, 48 months @ £290, option to buy £712,405.

That looks considerably more expensive than a petrol engine version to me, please tell me what I'm missing?

Thats one mighty pricey Corsa if you take up the option to buy!!!!!!!!!!!

 

[PJ87]

Two people from work have this week picked up or ordered the mini electric

One makes sense. Second car.. 13 mile each way to work .. 150 range .. winter will be less

The other I think she's mental .. lives 40 miles away .. motorway so range will no doubt suffer ..

Ev would work but a diff model but went for looks ?

Really can't help some people

 

[Blue in Munich]

Thats one mighty pricey Corsa if you take up the option to buy!!!!!!!!!!!

Missed the typo, now corrected.

 

[fundy]

Missed the typo, now corrected.

still feels like a pricey Corsa to me lol

 

[Blue in Munich]

still feels like a pricey Corsa to me lol

And me, and for less car in some respects. When the electric versions can fully match the ICE versions in all respects including price I'll happily consider one, but I'm not sure that will happen in my lifetime. I'm also not convinced we will ever overcome all the charging access issues for all users,, despite the assurances.

 

[ColchesterFC]

Corsa Elite petrol; £19,080 OTR, customer deposit £2,862, Deposit including Vauxhall contribution £3,112, 48 months @ £225.73, option to buy £7,144.

Corsa Elite E; £31,045 OTR, customer deposit £4,261.25, Deposit including Vauxhall contribution £7,761.25, 48 months @ £290, option to buy £12,405.

That looks considerably more expensive than a petrol engine version to me, please tell me what I'm missing?

Just doing the maths on this:

Corsa Elite petrol - 48 x £225.73 (monthly payments) + £2862 (deposit) + £7144 (to buy) = £20841.04

Corsa Elite E - 48 x £290 (monthly payment) + £4216.25 (deposit) + £12405 (to buy) = £30541.25

I've ignored the Vauxhall contribution as that's not coming out of the buyer's pocket. The petrol comes in at £1760 over the OTR price but the E version comes in at £500 under the OTR price.

Assuming that people will go for the four years and then hand it back rather than buy it;

Corsa Elite - 48 x £225.73 (monthly payments) + £2862 (deposit) = £13697.04

Corsa Elite E - 48 x £290 (monthly payment) + £4216.25 (deposit) = £18136.25

Can you really save almost £4500 over 4 years on running costs with the E version versus the petrol version?

 

[clubchamp98]

Just doing the maths on this:

Corsa Elite petrol - 48 x £225.73 (monthly payments) + £2862 (deposit) + £7144 (to buy) = £20841.04

Corsa Elite E - 48 x £290 (monthly payment) + £4216.25 (deposit) + £12405 (to buy) = £30541.25

I've ignored the Vauxhall contribution as that's not coming out of the buyer's pocket. The petrol comes in at £1760 over the OTR price but the E version comes in at £500 under the OTR price.

Assuming that people will go for the four years and then hand it back rather than buy it;

Corsa Elite - 48 x £225.73 (monthly payments) + £2862 (deposit) = £13697.04

Corsa Elite E - 48 x £290 (monthly payment) + £4216.25 (deposit) = £18136.25

Can you really save almost £4500 over 4 years on running costs with the E version versus the petrol version?

I don’t think so.
Plus once ICE cars are on their way out the tax revenue that the treasury will lose will have to be replaced.
Will this fall on EV car tax or the price of electricity?

 

[PJ87]

Just doing the maths on this:

Corsa Elite petrol - 48 x £225.73 (monthly payments) + £2862 (deposit) + £7144 (to buy) = £20841.04

Corsa Elite E - 48 x £290 (monthly payment) + £4216.25 (deposit) + £12405 (to buy) = £30541.25

I've ignored the Vauxhall contribution as that's not coming out of the buyer's pocket. The petrol comes in at £1760 over the OTR price but the E version comes in at £500 under the OTR price.

Assuming that people will go for the four years and then hand it back rather than buy it;

Corsa Elite - 48 x £225.73 (monthly payments) + £2862 (deposit) = £13697.04

Corsa Elite E - 48 x £290 (monthly payment) + £4216.25 (deposit) = £18136.25

Can you really save almost £4500 over 4 years on running costs with the E version versus the petrol version?

My own personal sums

Corsa electric £822 down.. 4 year lease £274 total cost = £13,926

Corsa petrol 750 down £250 month 4 year lease £12750

Now for the figures you have to base on similar spec no? So electric is top range and automatic.. so I made sure this model is automatic

Have others in their sums?

Cheapest bog standard Corsa....

654 down 218 pm total cost £11,118

However like I said that's bog standard it surely has to be auto at least to be same car?

If it's based on cheapest £2,808 difference
Based on similar spec £1,176 difference

Moving to savings

Both petrols manual comes in 53 mpg auto 49 so I'll call it a round 50mpg for the figures (even tho will you get that?)

Now what is petrol per gallon? Driving home I saw £1.47 a litre that's £6.61 a gallon.. but it's high ATM so shall we call it a round £6 per gallon

My lease was 12,000 miles a year .. this one for clarification I could only get 10,000 miles so is slightly lower .. but in petrols favour so I won't change it but I'll do the sums for 12000 fuel

48000 miles in 4 years based on 50 mpg means you need 960 gallons of fuel at £6 per gallon .. that's £5,760

48000 miles in 4 years based on (I'll be fair and do the predicted range of 200 miles per 45kw charge even tho like mpg it will change) means I need 240 full charges .. of 45 kw meaning 10,800 kw

I do all My charging at home for 5p pkw

Total fuel to go 48000 miles £540

That's £5220 cheaper ... Even without service costs factored in

So basing on the bog standard I'm £2412 better off
Based on the similar auto spec I'm £4,044 better off

Allows for no fuel increase.. but I was fair I did the fuel pretty cheap (1.33 a litre .. will we see that again?) I gave it max mpg which will you get 50 out of it?

I used my charging plan which even with the prices sky rocketing they are keeping the 5p hours for electric cars .. to encourage switching

Either way better off

But with leasing you bearly our anything down .. £822.. and my £274 a month is affordable.. I was paying £295 before this for my last car so I saved £20 a month which is exactly what I bung into octupus every month to make sure my charging is covered .. so far my average home charge pm is £7 but highest of £10 .. due to public charging for free but I still put £20 in so have built a reserve .. so could say it's £960 for my fuel if we want I'd still be quids in


But there is all the figures just on fuel

So yes there is savings to be had

As blue says tho.. PCP is harder with deposit

But I would never go main dealer.. always car wow .. and they will beat that

OTR price means nout as people say

It's what the actual cost is

4 years motoring for me £13926 plus the £960 fuel £14,866

I think whatever sums you throw it would be hard to beat

More miles I do more I save

But I'm paying more a month based on that could have got cheaper for 8000 miles say

So all relevant

In real life terms pre electric I paid £295 lease .. £160 pm fuel to run 2 cars in the house

Now I pay £274 lease .. £20 charge so that's. The £295

£50 into the fuel account

Don't even use that tho as I filled up week before fuel crisis and still have half a tank

So I'm saving £110 on what I actually paid out pm

So that's £5280

That's without the tax saving aswell of £150 per year (which people forget in the costs)

All adds up (£5880 over 4 years without the lower servicing etc)

But minus from that the £600 I paid to install the charger still over £5000 better off

 

[PJ87]

I don’t think so.
Plus once ICE cars are on their way out the tax revenue that the treasury will lose will have to be replaced.
Will this fall on EV car tax or the price of electricity?

Price of electric wont be affected too much. What you will see will be a combination

The ev tarrif will go but that just goes to electric company you pay minor tax on more cost and still will be economy 7 tariffs

We will all start to be charged by the mile for what we drive .. it's the only way

But that will hit petrol and Ev .. so whilst ev is then taxed.. petrol will be taxed at pump and again.. and let's face it that will happen

They can't increase electric cost as that would unfairly hit people who for example dont drive

 

[Deleted member 23270]

They can't increase electric cost as that would unfairly hit people who for example dont drive

Have you been following the news about huge energy price rises?