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Mikey Member Since: 07 Jun 2008 Location: Dundee Posts: 780 |
I've not met a single person who has bought an EV or a Hybrid for environmental reasons. Its purely financial. Myself included |
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1st Jun 2024 7:28 am |
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Nodge68 Member Since: 15 Jul 2020 Location: Newquay Posts: 2080 |
And me. Final and performance, nothing else. Solar was a financial decision too. The fact I can charge the car from the sun, is just an added bonus. Hyundai Ioniq 5 Ultimate. The family car. 2009 Rimini Red SE TD4. Gone. 2006 Tonga Green i6 HSE. Gone. Audi A5 convertible, my daily driver. 1972 Hillman Avenger GT, the project. |
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1st Jun 2024 10:26 am |
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Nodge68 Member Since: 15 Jul 2020 Location: Newquay Posts: 2080 |
Agreed. I don't know what future incentives will appear to help private new car buyers, however as there are strong financial incentives for leasing companies to purchase EV, it means there will be a growing number of of quality second hand EVs emerging onto the used market. It looks like EVs are now depreciating at about the same rate of more traditional powered vehicles, so make an attractive second hand proposition. Hyundai Ioniq 5 Ultimate. The family car. 2009 Rimini Red SE TD4. Gone. 2006 Tonga Green i6 HSE. Gone. Audi A5 convertible, my daily driver. 1972 Hillman Avenger GT, the project. |
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1st Jun 2024 12:43 pm |
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Nodge68 Member Since: 15 Jul 2020 Location: Newquay Posts: 2080 |
We took the Ioniq 5 for its first fast charge today. Handily there are 8 new Tesla Supercharges just 1½ miles from home, so a quick tickle of electrons isn't far away, they're sensibly priced too.
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1st Jun 2024 3:21 pm |
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Just a driver Member Since: 29 Nov 2021 Location: Norfolk Posts: 416 |
Incentives to get people in to debt sounds just like those 100% mortgages that went pear shaped, that all went well didn’t it. Wait till we start getting mass lay offs and redundancy, it will happen as everything goes in circles |
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1st Jun 2024 5:18 pm |
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Nodge68 Member Since: 15 Jul 2020 Location: Newquay Posts: 2080 |
Getting into debt on a depreciating asset isn't a good financial move.
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1st Jun 2024 5:54 pm |
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Just a driver Member Since: 29 Nov 2021 Location: Norfolk Posts: 416 |
Ah yes lease the posh debt that doesn’t have to be paid back. That’s the trouble with the country nobody has got money on the hip, it’s all make believe |
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1st Jun 2024 6:05 pm |
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Nodge68 Member Since: 15 Jul 2020 Location: Newquay Posts: 2080 |
Leasing is good if someone is trying out a new technology, as there's less financial loss should it not work out.
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1st Jun 2024 7:30 pm |
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Just a driver Member Since: 29 Nov 2021 Location: Norfolk Posts: 416 |
I have to give it to you, you have all the patter. Just like those pension salesmen or time shares. Every thing goes in circles, fashion, politics, economics. None of its new it’s just repackaged to sell to a new era. It’s all the same. |
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2nd Jun 2024 6:29 am |
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IanMetro Member Since: 11 Sep 2017 Location: Somerset BS21 Posts: 3126 |
This was about deciding if it is worth buying an EV, and if you do, what is the best one to replace a FL2. Surely how you pay is another argument. I come from an age where we were encouraged to save before you buy, but the reality was that I was young and, once I finished training, I was faced by having to travel around the country and needed a reliable car. I choose to take out a hire purchase agreement on a new 100E Ford Popular. In 1961 credit was hard to get and being under 21 I had to get my father's permission and he had to agree to guarantee my loan. I still believe that Nodge has made an interesting choice and I hope that he gives some insight into what goes well, and what turns out to be not so good. FL2 XS SD4 Auto 2010 2012-2017 (21k - 91k miles) (MY2011) FL2 Metropolis SD4 Auto 2014 2017- (16k - 77k+ miles) (MY2015) Metro in its 11th Year of (Extended) LR Warranty / Full LR Service History (Expensive, but Trouble/Worry free - hopefully?) |
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2nd Jun 2024 7:49 am |
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MartynB Member Since: 08 Aug 2011 Location: Currently Rootless ! Posts: 1778 |
A debt is only a problem if you don’t have the liquidity to settle it if your circumstances change . It is just a tool to manage a set of financial circumstances . There isn’t a right or wrong answer , of course there will be people who put themselves in a position where they end up in trouble , but that doesn’t mean everyone is wrong , it means the ones who didn’t get it right , made the wrong choice for their circumstances.
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2nd Jun 2024 8:06 am |
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IanMetro Member Since: 11 Sep 2017 Location: Somerset BS21 Posts: 3126 |
As an aside, about modern cars and their overwhelming bleeping safety systems.
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2nd Jun 2024 8:08 am |
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Dave47 Member Since: 31 Aug 2014 Location: Margate Kent Posts: 1333 |
Nodge, how does the overall ride compare to the Freelander 2?
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2nd Jun 2024 8:12 am |
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IanMetro Member Since: 11 Sep 2017 Location: Somerset BS21 Posts: 3126 |
I agree that choosing a car carefully, and keeping it until it becomes (potentially) unreliable is the way to go. I try to keep my cars 7 to 10 years, or a max of 100k miles, this keeps the cost per year down. I noticed, from my company car days, that the perceived reliability of the company car providers went up in the 1990s from 60k miles to 100k miles. Although of course, if you buy a FL2, you may fall in love with it and want to keep it forever. FL2 XS SD4 Auto 2010 2012-2017 (21k - 91k miles) (MY2011) FL2 Metropolis SD4 Auto 2014 2017- (16k - 77k+ miles) (MY2015) Metro in its 11th Year of (Extended) LR Warranty / Full LR Service History (Expensive, but Trouble/Worry free - hopefully?) |
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2nd Jun 2024 8:23 am |
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