Reply To: Peugeot E-208 GT: New vs Used

#344738
kdwolf
Participant

    Just a thought, but why the need for such a new car and is an EV practical? For a relatively new driver, the pressure of a very new / expensive car is not something that they’d all want, especially when parking on streets in typical student accommodation areas. Also, I doubt that much uni accommodation has charging facilities, so reliance on public charging wipes out the running cost savings of an EV. As the biggest cost of any car is depreciation, wouldn’t it be better to buy an older ICE car (say 4/5 years old) which would be perfectly reliable and total cost of ownership would be a lot less than running a new / nearly new EV – and no charging challenges?

    All valid questions indeed. Home to Uni – 35 miles one way.
    EV charging – at home for 7p /kWh with 4 miles /kWh => 10,000 miles pa (allowing for trips with friends) is £175 pa.

    I already have a quote for brand new e-C3 MAX for 3 years / 10,000 miles pa for £1,220 deposit with £203 monthly cost for 36 months.

    Used ICE – the kid has one already (although I told not to buy, but who listens to the parents) and every other month it is in the garage, so eventually the TCO for  three years for the new EV should be lower than used ICE.

    Sent from a mobile device.
    Apologies for briefness and spelling mistakes.

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