Just taken out a loan so I can fill up the car.

Discussion in 'Bulletin Board' started by StatisTYKE, Mar 24, 2022.

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  1. Arc

    Archerfield Well-Known Member

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    This last post will make me look a plonker but I have a Tesla too. I may have over done the car budget.
     
    Archerfield, Mar 25, 2022
    #21
  2. man

    mansfield_red Well-Known Member

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    But on the other hand the mileage a lot of people do has massively decreased. I almost bought a Tesla in January 2020 on the basis that it might cost me more in terms of the car itself but would save me so much on fuel. I'm so happy I didn't, I would have been frowning out of my front window at an expensive car that I never used as I worked from home.
     
    mansfield_red, Mar 25, 2022
    #22
  3. Terry Nutkins

    Terry Nutkins Well-Known Member

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    You haven’t felt the energy market increases yet.

    EVs are going to get just as expensive in April.
     
    Terry Nutkins, Mar 25, 2022
    #23
  4. Archey

    Archey Well-Known Member

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    I read a couple of days ago that the supermarkets are knocking 5p a litre off due to the 5p fuel duty reduction. That means they'll go back to charging the prices they did the week before last!! Result!!
     
    Archey, Mar 25, 2022
    #24
  5. Mr Badger

    Mr Badger Well-Known Member

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    We're in Primrose Valley/Reighton next monday to friday.
    I'll look out for the looney you describe.
     
    Mr Badger, Mar 25, 2022
    #25
  6. Marc

    Marc Administrator Staff Member Admin

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    Not for home charging. Even at 10p/kWh off peak, that’s still only about 3.5p/mile. Granted if you don’t have a home charger, or an off peak tariff I doubt it’s much cheaper, if at all. Some public chargers are even more expensive. I do agree though, I think it’s only going to keep going up. Gov will have to find some way to fill the huge gap left by fuel duty, once new sales end by 2030.
     
    Marc, Mar 25, 2022
    #26
  7. Terry Nutkins

    Terry Nutkins Well-Known Member

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    But if you haven't already got a home wallbox installed the government grant finishes this week. You'll have to foot the 1k bill yourself.

    Outside of Home Charging its currently about 7p a mile, in April that's going to hit 15-20p based on the estimates.

    I'm not saying EV aren't cheaper to run btw - I'm just saying the energy market issues are yet to hit home with EVs and its just around the corner.
     
    Terry Nutkins, Mar 25, 2022
    #27
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  8. DSLRed

    DSLRed Well-Known Member

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    Yes this is a very fair point. Obviously the sums only make sense if you are still doing the mileage to achieve the fuel savings.

    Had you gone for that Tesla, it wouldn't have been a disaster financially. Their resale value is such that you could have stared at it on the drive for more than a year before you sold it and you would have lost virtually nothing. But that is only because of the strange times we live in right now
     
    DSLRed, Mar 25, 2022
    #28
  9. DSLRed

    DSLRed Well-Known Member

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    I don't disagree TN. My fix ends in August and the revised rates for the Octopus Go tariff are 7.5p at night (50% increase) and something north of 30p in the day (up from 14p so more than 100% increase). Their single rate fix is somewhat less than the 30p so I'll need to work out carefully if I am actually better off dropping the dual tariff.

    Public charging rates have increased at least twice this last 6 months and are now typically around 50p / kwh which is more than 12p a mile so the gap is closing fast. But I still wouldn't go back, the EV experience is just better in every way.

    In terms of grant's for home chargers, I reckon, like every other time the govt get involved in covering the cost of stuff with grants, it just results in a cottage industry living well off the grant. Just watch, within a year, the price of home chargers without a grant will be the same as it is now with a grant. It was the same with solar.
     
    DSLRed, Mar 25, 2022
    #29
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  10. andytyke

    andytyke Administrator Staff Member Admin

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    what did you buy, 2 pork pies :)
     
    andytyke, Mar 25, 2022
    #30
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  11. TitusMagee

    TitusMagee Well-Known Member

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    Less than 10p a mile for LPG and for a car less than half the price of an EV....
     
    TitusMagee, Mar 25, 2022
    #31
  12. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Not far off. A rotisserie chicken and three jars of mustard.

    Found out yesterday they'd sold their last Alpaca to a company in York that use them to walk bridesmaids down the aisle. I've missed my calling in life.
     
    Loko the Tyke, Mar 25, 2022
    #32
  13. Marc

    Marc Administrator Staff Member Admin

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    Yep totally agree, public charging not gonna work out any cheaper. Also agree ev will become the new cash cow, as ICE cars are phased out and ev becomes the only option. A whole new industry that can use ‘investing in infrastructure’ as an excuse for continued price hikes over the next 30 years. I just got in before the grants end, so saved myself £350. Charger cost me £800 fitted, which will have paid for itself within 3 months.
     
    Marc, Mar 25, 2022
    #33
  14. cudeth red

    cudeth red Well-Known Member

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    Retired August last year put £25 in since think it’s just an ornament now time to get rid
     
    cudeth red, Mar 25, 2022
    #34
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  15. thetykester

    thetykester Well-Known Member

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    Ar it's or8 fo thee, am here slumming it here in Barbados St Lucia St Kitts and Nevis Antigua and Barbuda am well jel :D
     
    thetykester, Mar 29, 2022
    #35
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