Buying a new EV in 2019

iniall

Folks, I'm looking for some advice. I've been offered a car allowance at a new job, and I want to get an EV. The job starts in October, so I'd really like to have the car by then. I know from reading this thread that a lot of stock is sold out for 2019, but getting to the new job isn't really practical without a car and the OH needs the PHEV.

So if anyone has suggestions for the best (available) EV under €50k (for BIK purposes), I'd be grateful, thanks.

krissovo

Tesla SR+ is under 50k now but availability is a lottery for October. Leaf 40/60kw are abundant and with the pro pilot is a great commuter car but read up on rapidgate to see if would effect you. BMW i3 is a great drive but needs some options ticking to be useful. I have seen some Ioniq’s being available as well e-soul’s but they would be quite rare.

charlieIRL

Most VW dealers have an executive spec e-golf in stock. Lovely car to drive (even though I only got few minutes driving one!)

slave1

krissovo wrote: »

Tesla SR+ is under 50k now but availability is a lottery for October.

Not for BIK purposes, for BIK you need to add back the €10k Grants

crisco10

Generally, what are the respective lead times on the main EVs? (Leaf, Ioniq etc)

krissovo

crisco10 wrote: »

Generally, what are the respective lead times on the main EVs? (Leaf, Ioniq etc)

My Leaf was a stock item from Nissan Ireland, I had to wait 4 weeks for the grant though.

Third_Echelon

charlieIRL wrote: »

Most VW dealers have an executive spec e-golf in stock. Lovely car to drive (even though I only got few minutes driving one!)

+1 on the eGolf. A very nice drive. Owned one for the past 4 months and it's a pleasure to drive! Would highly recommend it.

NIMAN

What do you get in an executive spec eGolf?

Third_Echelon

NIMAN wrote: »

What do you get in an executive spec eGolf?

Details and different spec info here: https://www.volkswagen.ie/en/models/e-golf.html

NIMAN

Lovely but
1) very expensive
2) isn't the Golf about to be replaced?

Third_Echelon

NIMAN wrote: »

Lovely but
1) very expensive
2) isn't the Golf about to be replaced?

You'll probably get some good deals at the actual dealers themselves, so keep an eye out and do some research. Carzone has them from 35 to 40K for the Exec model.

2019 eGolf is the last version being made before the new ID, but VW are doing a PCP option where you can move to the new one when it comes out if that's worth it to you.

The model being replaced I wouldn't see as an issue. It's still a great car and there will be a long waiting list for the new ID model, so I'd imagine the eGolf will hold its value on the second hard market OK (if you're purchasing outright rather than leasing).

grudgehugger

L40 driver here.

Love the car to drive.

Ideal if you’re generally driving < 150km a day and have a home charger.

You can do long trips just can be painful with our current poxy charging infrastructure

Shefwedfan

Send me a PM if you want....just finished the company car process. So you have a few things to watch out for and it depends on how you are sourcing the car.

Shefwedfan

NIMAN wrote: »

Lovely but
1) very expensive
2) isn't the Golf about to be replaced?

Once it is under the BIK level the list price doesn't really matter


Everything depends on your lease price etc......depreciation etc



The eGolf is been replaced but in reality it will be 2021 before the ID will be available as a company car

unkel

eGolf is great car but very expensive at €36k. For the same money you can buy a BMW i3, with 50% more range. If I had that kinda money to spend, with a generous car allowance, I wouldn't buy Ioniq or Leaf. Kona and to a lesser extent Niro might have availability. I wouldn't buy those either as I feel they are poor value for money.

Tesla Model 3 is €49k but for BIK purposes it is over the €50k treshold but you only pay the higher BIK over the bit over €50k afaik. Is that such a big deal? If you order now, I would expect you to have the car by October, but nobody knows this for sure. It is far superior to any other EV for sale in this country at the moment for that sort of money.

Shefwedfan

grudgehugger wrote: »

L40 driver here.

Love the car to drive.

Ideal if you’re generally driving < 150km a day and have a home charger.

You can do long trips just can be painful with our current poxy charging infrastructure

The huge drawback with the leaf is it can't use Ionity....

Shefwedfan

unkel wrote: »

eGolf is great car but very expensive at €36k. For the same money you can buy a BMW i3, with 50% more range. If I had that kinda money to spend, with a generous car allowance, I wouldn't buy Ioniq or Leaf. Kona and to a lesser extent Niro might have availability. I wouldn't buy those either as I feel they are poor value for money.

Tesla Model 3 is €49k but for BIK purposes it is over the €50k treshold but you only pay the higher BIK over the bit over €50k afaik. Is that such a big deal? If you order now, I would expect you to have the car by October, but nobody knows this for sure. It is far superior to any other EV for sale in this country at the moment for that sort of money.

Most lease companies don't want to know about Tesla and most companies will not want to know either. Yes a director is buying a Model S but I very much doubt they will offer to staff.....

krissovo

I get a car allowance as part of my package, paid with my salary and I have watched it being taxed as part of my pay slip and really never paid much attention to it. Should I be more interested now I have a EV? It keeps coming up on posts so now I am curious what the story is.

I get a monthly allowance of €1400, I rarely do business miles in Ireland and the car allowance is a perk rather than a necessity, a trip to Belfast at least once a month with the majority of my time driving to the airport and parking up. I still claim mileage for these journeys.

My wife has similar allowance of €1200 and only commutes to the office and back 3 days a week.

We have a Leaf SVE in my name and I have a model 3 on order. I keep seeing €50k as cost limit for the car and not sure what this means, the model 3 is €60k and the Leaf was well under.

Shefwedfan

krissovo wrote: »

I get a car allowance as part of my package, paid with my salary and I have watched it being taxed as part of my pay slip and really never paid much attention to it. Should I be more interested now I have a EV? It keeps coming up on posts so now I am curious what the story is.

I get a monthly allowance of €1400, I rarely do business miles in Ireland and the car allowance is a perk rather than a necessity, a trip to Belfast at least once a month with the majority of my time driving to the airport and parking up. I still claim mileage for these journeys.

My wife has similar allowance of €1200 and only commutes to the office and back 3 days a week.

We have a Leaf SVE in my name and I have a model 3 on order. I keep seeing €50k as cost limit for the car and not sure what this means, the model 3 is €60k and the Leaf was well under.

Why would you get a company car if you are doing no mileage?



People get company cars because the high mileage means a personal car will see high deprication, you then work out if you are making or losing money from your car allowance. The big number to consider here is BIK


With electric you get 0% BIK so this means it is a better TCO for some people to move to company cars compared to owning your own car.


In your case because of the low company mileage and the monthly allowance it wouldnt make sense to move to company car

unkel

Shefwedfan wrote: »

Why would you get a company car if you are doing no mileage?

Getting a company car has nothing to do with doing business mileage. The overwhelming majority of people get a company car as a perk. In krissovo's case he pays full marginal income tax on the allowance (about 50%), he would be much better off with a company car EV as he would only pay a very small amount of tax, even if the company car was say a €61k Tesla Model 3 performance.

Shefwedfan

unkel wrote: »

Nah. The overwhelming majority of people get a company car as a perk. In krissovo's case he pays full marginal income tax on the allowance (about 50%), he would be much better off with a company car EV.

Some people get it as perk, but very few. The majority get because the TCO is better to take a company car versus keeping a car on road due to mileage.

In this case, He is getting 1400 per month, even if at the top end of tax that is 700 per month into wages. So over the year that is 8400 extra in wages. In reality probably closer to 9k per year.

It would be better to get a car on PCP and keep the 9k per year extra.....

But best to work out using this to see how much you would lose per month in wages
https://download.pwc.com/ie/budget-2019/income-tax-calculator.html

iniall

unkel wrote: »

eGolf is great car but very expensive at €36k. For the same money you can buy a BMW i3, with 50% more range. If I had that kinda money to spend, with a generous car allowance, I wouldn't buy Ioniq or Leaf. Kona and to a lesser extent Niro might have availability. I wouldn't buy those either as I feel they are poor value for money.

Tesla Model 3 is €49k but for BIK purposes it is over the €50k treshold but you only pay the higher BIK over the bit over €50k afaik. Is that such a big deal? If you order now, I would expect you to have the car by October, but nobody knows this for sure. It is far superior to any other EV for sale in this country at the moment for that sort of money.

Would absolutely love a Model 3, but even aside from the fact that it's above the BIK threshold, I can't see there being availability before the new year, which is a problem.

grudgehugger

Shefwedfan wrote: »

The huge drawback with the leaf is it can't use Ionity....

For some people this is probably very true.

For me, no big deal. I rarely drive long distances - almost all home charging