When you look at leasing/PCP costs for electric vehicles they look a lot more expensive that ICE cars. Obviously , you need to take off the VED , fuel costs, maintenance etc. to get a real comparison.

Does an online calculator exist where you easily figure this out to see the comparison?

Fuel saving would be the biggest difference. It's easy to do the calculations yourself:

a- How much do you spend on fossil fuel?

b- How much do you drive?

c- How much is your electricity tariff overnight?

 

Price difference of EV = a - (b / 4 * c)

(assuming EV averages 4 mi/kWh)

 

Say you spend £100 per month on very efficient non-plugin hybrid with 60+ MPG, driving 1000 miles a month, your electricity overnight is around 8p (Octupus Agile smart metering or other time based tariff). You will be able to afford £80 more expensive per month payment for an EV.

 

 

Then just add other cost savings as bonus money back into your pocket because they are far less significant. £140 VED per year, £70 saving for maintenance (Nissan EV vs petrol as example) every maintenance cycle.

 

I spent just over £1,200 on fuel in my Superb 272 petrol hatch in 10 months and 9,400 miles so let's be generous and say £120 per month and round it up to 1,000 miles per month. The 150PS Superb diesel DSG SEL I have just switched to is telling me it will do 1,000 miles on the same 66 litre tank which currently costs £1.10 per litre or just under £73 per month based upon 1,000 miles per month saving me approximately £47 per month. To cover 1,000 miles in an average EV would require 250kWh of electricity but I have no idea what that cost is because we only use about £1.40 per day of electric and this includes wife working from home since March 2020 due to the Pandemic. Both cars are now £150 VED per year the petrol averaged 40mpg and the diesel is averaging 70mpg for comparison.

Didn't quite catch that Shy........how many mpg are you getting......do keep telling us......I have a tendency to forget after an hour or two, I wonder why? 

 

1 hour ago, xman said:

Didn't quite catch that Shy........how many mpg are you getting......do keep telling us......I have a tendency to forget after an hour or two, I wonder why? 

 

Was hoping to crack 80mpg tonight (81.4mpg when I pulled off the motorway) but got stuck behind a DHL HGV doing 18mph (stuck in 3rd gear) for 2 miles through 30mph roadworks so only managed 78.5mpg. Still after 161 miles still have 880 miles left in the tank.

Edited 19 October, 20205 yr by shyVRS245
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15 hours ago, shyVRS245 said:

I spent just over £1,200 on fuel in my Superb 272 petrol hatch in 10 months and 9,400 miles so let's be generous and say £120 per month and round it up to 1,000 miles per month. The 150PS Superb diesel DSG SEL I have just switched to is telling me it will do 1,000 miles on the same 66 litre tank which currently costs £1.10 per litre or just under £73 per month based upon 1,000 miles per month saving me approximately £47 per month. To cover 1,000 miles in an average EV would require 250kWh of electricity but I have no idea what that cost is because we only use about £1.40 per day of electric and this includes wife working from home since March 2020 due to the Pandemic. Both cars are now £150 VED per year the petrol averaged 40mpg and the diesel is averaging 70mpg for comparison.

£73 per month in a very efficient diesel. (does it need Adblu? How much is timing belt replacement?)

250 kWh at national average of 14p per kWh means £35.

So for same monthly cost, you could spend £38 more on a EV monthly payment.

 

You could spend a bit more on EV's by going with a time-of-use tariff where overnight charging becomes really cheap. It wouldn't increase your daytime household elec bill by much, may be even reduce it if you move dishwasher/laundry to the cheap period.

 

 

Although recent prices of diesel are not £1.10, they are between £1.15 and £1.20 around here. So 5% increase to your £73 becomes £76. Whereas it is possible to fix your elec tariff giving you a consistent monthly cost to EV ownership.

 

But to avoid people taking those sensible but theoretical calculations personally, I just add: currently EV isn't for everyone.

Not a comparison on costs annually of a EV vs ICE vehicle.

 

What i know is that for me doing journeys of any length in Scotland i am paying nothing to charge the EV as using free charging places, but for every 150 miles travelled if journeys are meaning charging will be required on route i now allow an extra hour minimum per 150 miles travelled.

 

That means if in a hurry to get someplace as in no time to waste sitting getting energy in to the car, so over say 180 miles i will not go in my EV and just pay for the petrol or diesel.

 

The other thing is i will not drive a EV if there is adverse weather such as heavy rain and flood risks or snow & snow gates shutting so  the chance of routes closing like the A83, A93, A939 or B974 meaning long diversions and the chance of convenient rapid chargers not being available even if paying for them.

 

As it is Mobile Phone and radio reception is not reliable Scotland Wide let alone the EV Charging, and getting chargers to start.

You might well need to call a 'Call Handler' to get chargers started.

 

https://www.zap-map.com/tools/journey-cost-calculator

 

 

 

 

Edited 20 October, 20205 yr by e-Roottoot