The Anonymous Widower

Electric Cars Can Beat Petrol For Value After Less Than Two Years

The title of this post, is the same as that of this article on The Times.

The article is based on work by the consultant; PWC.

This is an example of what was found.

The electric Zoe cost from £21,920 compared with £19,795 for the petrol Clio. The £2,125 difference was made up in less than two years, three months for a motorist with an average annual mileage of 8,351 miles. A higher-mileage driver clocking up 13,355 miles a year could make it up in 18 months.

The day when electric cars will be good value is approaching.

November 5, 2019 - Posted by | Transport | ,

5 Comments »

  1. My daughter has just bought a new car. She looked seriously at an electric car – she does a lot of mileage, nearly 20 mile commute to work each day, and she travels by road to various sites around the country on occasion. She lives in a 3rd floor apartment, no way of recharging, nowhere at work either. The nearest point to her home is 2 mile walk away, and not in a great area to have to walk to and from. So she chose a small efficient hybrid. If people are going to buy electric cars, there needs to be a lot more places to charge them. In a couple of years, when they buy a house, they will reconsider electric because they can charge from home.

    Comment by Liz P | November 7, 2019 | Reply

  2. The focus in urban areas needs to be on sharing electric cars (for journeys that need a car), plus encouraging other forms of mobility and public transport. The analysis in The Times only works with off-street parking.

    It will be very difficult and expensive to provide enough charging points and capacity to match current street parking bays, even if was based on partial coverage of fast chargers next to dedicated 30 minute max parking bays. Many roads do not have sufficiently big electric cables to meet the ultimate demand, even based on slow charging (retrofitting street lighting)

    Comment by MilesT | December 2, 2019 | Reply

    • My father told me that after WW2, there was a group that advocated that you shouldn’t be able to buy a car unless you could park it off the road at night.

      It would have worked in 1946, as there were few cars. Cities and towns would be so different now, if that law had been enacted.

      I suspect developers would have been more innovative in house design and the layout of housing estates.

      Comment by AnonW | December 2, 2019 | Reply

      • There are some Asian cities where you are not allowed to buy a car unless you have a permit to show where you will park it (off street or an expensive license for on-street). That may be implemented in other countries.

        Comment by MilesT | December 2, 2019

      • I think it used to be like that in LA.

        Comment by AnonW | December 2, 2019


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