Apologies for a potential hijack here, but is there a comparable electric car that could better my current situation?
Currently driving a diesel Seat Leon estate that gives me an approximate mpg of 65, which means I spend a maximum of £250 on fuel a month. I own the car outright and it's zero road tax a year.
Thanks in advance.
Well, £250 a month on Diesel is around 125 litres, so 28 gallon or 1820 miles a month? An economical EV does about 4 miles per kW so around 450 kW a month. At 25p per kW that's about £110 a month in electric, but for your miles you would definitely be better off on an overnight tariff that could be more like 7.5p per kW, so around £35 a month.
Effectively you could save about £215 a month on fuel alone. So to get it to match up, you basically need to find a similar EV, which is less than £200 a month more depreciation or £200 less a month PCP based on the same miles.
I'm not sure if you bought yours new, but a Seat Leon TDI estate is what £27k new, and worth like 11k after 4 years with about 80k miles on the clock?
Effectively that's costing 16k depreciation, plus (48 months of fuel at £250), so maybe around 28k total, over 4 years?
It's not an estate, but I think you could get an e-208 for about 30k, among others or an MG5 estate for about 30k, and imagine both of those would be worth a fair bit more than 10k after 80k miles/ 4 years (probably more like 15k). So at worst, 15-20k depreciation and £2,500 fuel, so maybe 18k-23k total?
The key thing with you, due to your miles you definitely need one of those overnight charging rates and obviously need to be able to charge at home, otherwise you won't save enough in electric to counter the increased cost, or lack of choice (not many cheap estate EV's).