Having opted out of company cars for a few years, I’m thinking of getting one as electric cars are virtually tax free for the next few years at least.
I’m just wondering if anyone has one and can share what they are like to live with. I’m interested to learn about the impact to the monthly electric bill at home and costs of using charging facilities away from home too.
The car would be a Tesla Model 3 Standard Range Plus, so if anyone has one then I’d love to hear from you. Thanks.
Hi steve i have studied the electric concept and cant see anything wrong with the mod3 apart the price is not stable enough and too many options to consider the 40 grand start price is a bit steep but do a cash flow forcast over a 3 year period an see if its stacks up .. also the 300 mile range is not bad at all but factor the 60 amp charge system at home will stager you ,,but there are many rapid charge points arround and also many factory/officees are installing them for staff and visitors
also it is a very different style of handling which needs getting used to ... not like the milk floats i worked on in the 60s ,,thats where i get my intrest from
dont take a lot of notice to the sales blurb but look at things deep and inside out
some of the blogs are not relivent to the uk as u s a / Canada have 110 volt at home
have tried to put 1 link to give you an example (( done it ))
good look and bargain like hell as there are deals to be had.. thoughts ???????
Oh sorry W T I D
I think you missed the fact that it’s a company car, so in effect, it’s ‘free’!
Gotcha Steve.... i made the mistake in thinking you held the purse strings
I have run my own companys for 40 years and now retired (( 5 times ))and the buck stop with me so allways had my eye on expenditure
till i splashes out on the top of the range Corvette L O L
enjoy your Tesla im sure tax wise it is benaficial
take care in this troubling times......
Having opted out of company cars for a few years, I’m thinking of getting one as electric cars are virtually tax free for the next few years at least. I’m just wondering if anyone has one and can share what they are like to live with. I’m interested to learn about the impact to the monthly electric bill at home and costs of using charging facilities away from home too. The car would be a Tesla Model 3 Standard Range Plus, so if anyone has one then I’d love to hear from you. Thanks.
Whilst I have never owned or run an electic car, Steve, my last 4 cars have been Toyota hybrids. To me, they are brilliant and without the problems of cost/inconvenience in charging a electic car.
Have you considered a hybrid car rather than an all electric one? It may be worth your while doing so,
I’m on my second Hybrid car, another Toyota Prius, I had my last one for 5 years and had no problems with it. They are very economical, I am getting 70mpg around town. They are slightly dearer to buy than petrol/diesel cars, but you soon get your money back, with the money you save on fuel, how long obviously depends on the amount of mileage you do. Plenty of mod cons in the car as well.
I think the Toyota hybrid system is fantastic. I had a few Lexus card in the late 90’s and always got one of their RX hybrids for a cheeky test drive when mine was in for a service! Loved the CCVT gearing and the sheer drive of it. The technology was awesome.
For several years I’ve opted out of the company car thing and taken an allowance and would never have gone back but for the fact that EV’s, though not hybrids, are company car tax free. Next year, it will be taxed .... so I will pay tax on 1% of the list price, which means I pay tax on £400. The year after it goes up to 2%, but still buttons!
Somebody asked how the cost stacks up over the lease term for the company and I was actually looking to include such things in a profit improvement plan today until I found out that there is no foreseeable benefit at this time! As a business, the company I work for have set keen targets on switching to EV, but partly this is for publicity and the fact is that across the fleet, the lease costs of vehicles are still that much higher than Diesel engines vehicles that the fuel saving does not offset it. This is easy to see when you realise that transit size electric vans cost c£60K. So whilst some smaller fans and cars do turn a net benefit over a three or four year lease, they need to subsidise the losers as the technology is not quite there across a broad fleet. I’m told that this balance is shifting though and that by 2024 it is anticipated that purchase costs will be more favourable.
Still feels like we’re entering a whole new world to me!