Niro Phev

All in all · 25-03-2018 8:15pm #1

Hi all, some great reading in the threads here.
I am considering making the change to fully electric or phev. My work commute is 50 km each way and have access to a charger in public car park at work, however one day each week I travel approx 270-300 km. I haven’t researched charging spots on this route.

The niro phev has caught my eye and I was looking at 6-12 month old ones in the U.K. for £21-22k, from the best I can look up online there would be relief of €2250 on the vrt? Does anyone know if this is correct, would I be eligible for any seai grants?.

Shefwedfan · 25-03-2018 8:24pm

All in all wrote: »

Hi all, some great reading in the threads here.
I am considering making the change to fully electric or phev. My work commute is 50 km each way and have access to a charger in public car park at work, however one day each week I travel approx 270-300 km. I haven’t researched charging spots on this route.

The niro phev has caught my eye and I was looking at 6-12 month old ones in the U.K. for £21-22k, from the best I can look up online there would be relief of €2250 on the vrt? Does anyone know if this is correct, would I be eligible for any seai grants?.

Might be worth waiting for the Niro Full EV

Or the Hyundai Kona will be out sooner than the Niro.

You will be restricted in regards to buying second hand. If going PHEV it might be worth looking at the Outlander which is the most popular. Seem to be selling well as Electric autos sold one before it even arrived....

quenching · 26-03-2018 9:14am

I had the misfortune of visiting a Kia dealer at the weekend and asked about the Niro PHEV, the "salesman" was unsure of the price and was adamant that whatever grants or tax relief that applied depended on who buys the car and what they applied for and that it was nothing to do with him.

Was he correct?

Shefwedfan · 26-03-2018 9:29am

quenching wrote: »

I had the misfortune of visiting a Kia dealer at the weekend and asked about the Niro PHEV, the "salesman" was unsure of the price and was adamant that whatever grants or tax relief that applied depended on who buys the car and what they applied for and that it was nothing to do with him.

Was he correct?

Tell him to go to kia.com for pricing

The grants and tax relief I am not 100% about, I do think if bought as company car you lose some of those?

quenching · 26-03-2018 9:39am

Shefwedfan wrote: »

Tell him to go to kia.com for pricing

The grants and tax relief I am not 100% about, I do think if bought as company car you lose some of those?

He was quite aware it would be a private purchase, and given his lack of interest and dismissive attitude I won't be going anywhere near that Kia dealer again.

However, as fate would have it, it turns out that an acquaintance of mine is the MD of Kia Ireland, I didn't realise this until very recently as we only really overlap at social events but I might mention the dealer attitude when I see him next

Shefwedfan · 26-03-2018 9:50am

quenching wrote: »

He was quite aware it would be a private purchase, and given his lack of interest and dismissive attitude I won't be going anywhere near that Kia dealer again.

However, as fate would have it, it turns out that an acquaintance of mine is the MD of Kia Ireland, I didn't realise this until very recently as we only really overlap at social events but I might mention the dealer attitude when I see him next

While you are discussing that could you mention to him about a very lovely prospective buyer for the Niro EV

It would go to a lovely home and polished every weekend :P

If you haven't guess that home would be mine....

Also say if he wants I can write a sob story like the best of them on facebook if that will swing it my way

Early release would be best

P.S. In regards to Salesman, this is normal, most of them have no idea if it isn't a diesel so they just make up stuff so you will ask about the diesel. Too lazy to actually do their job and train up on new products.....

quenching · 26-03-2018 9:53am

Shefwedfan wrote: »

While you are discussing that could you mention to him about a very lovely prospective buyer for the Niro EV

It would go to a lovely home and polished every weekend :P

If you haven't guess that home would be mine....

Also say if he wants I can write a sob story like the best of them on facebook if that will swing it my way

Early release would be best

He's a nice chap so I'm sure he'll have one sent over to you promptly

KCross · 26-03-2018 9:53am

quenching wrote: »

I had the misfortune of visiting a Kia dealer at the weekend and asked about the Niro PHEV, the "salesman" was unsure of the price and was adamant that whatever grants or tax relief that applied depended on who buys the car and what they applied for and that it was nothing to do with him.

Was he correct?

I think he was talking s*ite
The grants are clearly detailed on the SEAI website for private and commercial buyers
https://www.seai.ie/grants/electric-vehicle-grants/grant-amounts/

In addition you have the the VRT exemption which for PHEV is €2500 and €5000 for BEV.

And you have the €600 home charge grant.

The dealer will take care of the grants associated with the car and usually the sticker price has the grants already deducted. You take care of the home charge grant. Clearly he hasn't ever sold an EV of any description.

quenching · 26-03-2018 10:00am

KCross wrote: »

I think he was talking s*ite
The grants are clearly detailed on the SEAI website for private and commercial buyers
https://www.seai.ie/grants/electric-vehicle-grants/grant-amounts/

In addition you have the the VRT exemption which for PHEV is €2500 and €5000 for BEV.

And you have the €600 home charge grant.

The dealer will take care of the grants associated with the car and usually the sticker price has the grants already deducted. You take care of the home charge grant. Clearly he hasn't ever sold an EV of any description.

And not likely to either!

vienne86 · 26-03-2018 4:20pm

All in All, that's very poor by the salesman you met. I have a Kia Carens and have found the dealer (Dublin based) excellent, before/during/after the sale. I am seriously considering the Niro Phev for my next car. I dropped in to a Kia dealer in Wexford a couple of months ago, and it was clear that the salesman I met could not understand anyone being interested in a hybrid let alone a PHEV.....I suspect it is a urban/rural thing......people living in rural areas would want to stick with diesel.

Shefwedfan · 26-03-2018 4:40pm

vienne86 wrote: »

All in All, that's very poor by the salesman you met. I have a Kia Carens and have found the dealer (Dublin based) excellent, before/during/after the sale. I am seriously considering the Niro Phev for my next car. I dropped in to a Kia dealer in Wexford a couple of months ago, and it was clear that the salesman I met could not understand anyone being interested in a hybrid let alone a PHEV.....I suspect it is a urban/rural thing......people living in rural areas would want to stick with diesel.

Selling a Carens in bread & butter to these guys.....it has a nice diesel engine they all know and love

I bet if you walked into the same Dublin based dealer and asked about a PHEV you would get a confused look.....anyone bar Toyota dealers know about hybrid.....Nissan dealers at least have some idea with the Leaf.....

It is a joke that so few dealers both to train themselves up on new models...I work in a business and we have new products are released every few months....if you dont know the new products you will be fired....car dealers seem to allowed idiots to work for them

vienne86 · 26-03-2018 6:08pm

Shefwedfan wrote: »

Selling a Carens in bread & butter to these guys.....it has a nice diesel engine they all know and love

I bet if you walked into the same Dublin based dealer and asked about a PHEV you would get a confused look.....anyone bar Toyota dealers know about hybrid.....Nissan dealers at least have some idea with the Leaf.....

It is a joke that so few dealers both to train themselves up on new models...I work in a business and we have new products are released every few months....if you dont know the new products you will be fired....car dealers seem to allowed idiots to work for them

You could be right - there are three new Phev's on Carzone right now in Dublin dealers. One is priced at €37,245 and the other two, in a different dealer, are priced at €32,800! All the ads mention the VRT rebate, which has been factored in, but none mention the SEAI grant!

quenching · 26-03-2018 6:36pm

vienne86 wrote: »

All in All, that's very poor by the salesman you met. I have a Kia Carens and have found the dealer (Dublin based) excellent, before/during/after the sale. I am seriously considering the Niro Phev for my next car. I dropped in to a Kia dealer in Wexford a couple of months ago, and it was clear that the salesman I met could not understand anyone being interested in a hybrid let alone a PHEV.....I suspect it is a urban/rural thing......people living in rural areas would want to stick with diesel.

I was in fact in a Dublin based dealership, but once I mentioned PHEV or petrol automatic the salesmen immediately lost interest, it would have been quite funny it was so obvious but he was rude and ignorant with it.

unkel · 26-03-2018 8:00pm

What are these sales people on? Do they not know the Outlander PHEV has been a huge seller for years in many countries, like the UK?

Or are PHEV / EVs less lucrative to sell from a point of commission? You'd nearly start thinking the latter, as the former makes no sense. No one can be that thick.

Shefwedfan · 02-05-2018 11:22am

Anyone buy the Niro PHEV, was looking at some videos this morning and noticed it has the same system as the VW Hybrid has. So it uses the Sat Nav to check which mode it should be and picks it automatically for you

Sounds very cool

slicedpanman · 02-05-2018 7:59pm

I test drive one yesterday... Very nice
Drives like an electric, pick up is as good as the leaf (we've a 24kW), was worried it wasn't really going to deliver the same performance and have some level of ICE lag. Also the transitions from EV to hybrid and back, using the mode button, was very smooth

Quite impressed really. Very good cabin space and decent boot space. The full EV will be a cracking car... Not sure my 13 year old Prius will last that long though.

Going to try a test drive in an Outlander tomorrow.

Shefwedfan · 02-05-2018 8:03pm

slicedpanman wrote: »

I test drive one yesterday... Very nice
Drives like an electric, pick up is as good as the leaf (we've a 24kW), was worried it wasn't really going to deliver the same performance and have some level of ICE lag. Also the transitions from EV to hybrid and back, using the mode button, was very smooth

Quite impressed really. Very good cabin space and decent boot space. The full EV will be a cracking car... Not sure my 13 year old Prius will last that long though.

Going to try a test drive in an Outlander tomorrow.

What price are they? is it 32k or 36k?

slicedpanman · 02-05-2018 8:04pm

32k
They offered me 3k for my 05 Prius (pretty generous)
Still a lot of money though

Shefwedfan · 02-05-2018 8:31pm

slicedpanman wrote: »

32k
They offered me 3k for my 05 Prius (pretty generous)
Still a lot of money though

Its a serious amount of car for that money!!!

The Outlander PHEV is 40k or something new

slicedpanman · 02-05-2018 10:05pm

Shefwedfan wrote: »

slicedpanman wrote: »

32k
They offered me 3k for my 05 Prius (pretty generous)
Still a lot of money though

Its a serious amount of car for that money!!!

The Outlander PHEV is 40k or something new

I'd only be looking at a 2015/16 Outlander... 30k is a stretch for me on the new niro, let alone the 40-50k on a new Outlander

Shefwedfan · 02-05-2018 10:24pm

slicedpanman wrote: »

I'd only be looking at a 2015/16 Outlander... 30k is a stretch for me on the new niro, let alone the 40-50k on a new Outlander

The Niro looks good value from uk, I spotted a black version with full black leather

The Outlander is excellent value but warranty is 50 or 60k miles so be careful, a lot of irish dealer bring in high mileage ones because they can pick up for nothing in uk and then putting up at stupid money here

KCross · 05-09-2018 3:04pm

I've been derailing the Niro EV thread..... anyone here bought a Niro PHEV?

What type of driving are you doing in it each day? Speed, types of roads (L, N or M)?
What mpg or l/100km are you averaging?
What distance are you getting in EV only mode?
Apparently the engine has to run to heat the cabin. Does the engine run a lot as a result?
Any issues with the car in general?
Is there anything you would change about it?

thanks

Shefwedfan · 05-09-2018 4:37pm

KCross wrote: »

I've been derailing the Niro EV thread..... anyone here bought a Niro PHEV?

What type of driving are you doing in it each day? Speed, types of roads (L, N or M)?
What mpg or l/100km are you averaging?
What distance are you getting in EV only mode?
Apparently the engine has to run to heat the cabin. Does the engine run a lot as a result?
Any issues with the car in general?
Is there anything you would change about it?

thanks

In regards to the engine running to heat the cabin, Outlander has the same issue. The way around it on Outlander is to use the timer to heat before you get in. Does the Niro have similar?

Also a lot of advertisement around a little device you can plug into Outlander to let you run heating off battery.....

More of an FYI

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KCross · 05-09-2018 4:45pm

Shefwedfan wrote: »

In regards to the engine running to heat the cabin, Outlander has the same issue. The way around it on Outlander is to use the timer to heat before you get in. Does the Niro have similar?

Also a lot of advertisement around a little device you can plug into Outlander to let you run heating off battery.....

More of an FYI

thanks
I've a question out on SpeakEV to clarify as well as I dont know if it allows timed pre-heating.

I'm also thinking that you dont have to turn on the heater at all if it has heated steering wheel and heated seats(which I believe it has).

e.g. In the Leaf I rarely turn on the heater, just the heated seats and steering wheel and that does me fine. So, it might be less of a problem than people think.

Shefwedfan · 05-09-2018 6:27pm

KCross wrote: »

thanks
I've a question out on SpeakEV to clarify as well as I dont know if it allows timed pre-heating.

I'm also thinking that you dont have to turn on the heater at all if it has heated steering wheel and heated seats(which I believe it has).

e.g. In the Leaf I rarely turn on the heater, just the heated seats and steering wheel and that does me fine. So, it might be less of a problem than people think.

In eGolf I use the preheat to warm cabin, then it only loses 1% with heated seats so I just warm my arse....have to make cut back so the Misses and kids wear jackets

:p

KCross · 06-09-2018 5:35pm

From a few folks in the UK they say it doesn't have cabin pre-heating, which is a pity.
It does however have very good heated seats with multiple levels with the hottest one being even too warm for most. I think that will do me fine the majority of the time.

And one guy said that when you do use the heater it use a minimal amount of petrol.... 1.5l/100km when in -15C conditions. Dont know how accurate that is.

Need to get some more examples of real world mpg figures.

I've seen a good few say that getting 65+mpg is easy enough on motorway at 70mph. Some getting into the 90's for slower/mixed driving.
Obviously, if the 50km range is within your daily usage expect exceptional mpg figures.

How far beyond 50km you go will determine your overall mpg. Since 50km is within our daily commute I think we would get very good mpg from it notwithstanding the heater issue.

I think its worthy of a test drive.

Springwell · 06-09-2018 5:54pm

No cabin pre heat but good heated seats and heated steering wheel.

Bought in August, done 5,200km on four tanks of fuel (averaging €50 a fill) with 500km of fuel left in it currently, by the end of a tank average is usually 40 km/l or 110mpg roughly. On motorway at 125ish mpg is about 70 using the engine.

Get 55-58km from the battery now, not sure how winter will affect that as winter vs summer range in my Zoe is quite different.

Drive 40km each way commuting with charging both ends so electric only. Mixture of L and N roads, some sitting in traffic in Dublin and tackling a good stretch of Wicklow mountain. Other driving is weekend stuff and several long runs to Galway, Roscommon, North Antrim coast etc. Car has been offroading (just in fields a bit) no bother.

No issues so far, car is comfortable, nice to drive and cheap to run. People are cagey about the boot space but I've fitted dog guard and divider and get four spaniels in easily. Fitted a mattress in at Ikea without removing any of that, just dropped the passenger side rear seat. It fitted the bill for us when another BEV wouldn't and we got a good deal with trade-in of a diesel Peugeot.

Shefwedfan · 06-09-2018 9:03pm

Springwell wrote: »

No cabin pre heat but good heated seats and heated steering wheel.

Bought in August, done 5,200km on four tanks of fuel (averaging €50 a fill) with 500km of fuel left in it currently, by the end of a tank average is usually 40 km/l or 110mpg roughly. On motorway at 125ish mpg is about 70 using the engine.

Get 55-58km from the battery now, not sure how winter will affect that as winter vs summer range in my Zoe is quite different.

Drive 40km each way commuting with charging both ends so electric only. Mixture of L and N roads, some sitting in traffic in Dublin and tackling a good stretch of Wicklow mountain. Other driving is weekend stuff and several long runs to Galway, Roscommon, North Antrim coast etc. Car has been offroading (just in fields a bit) no bother.

No issues so far, car is comfortable, nice to drive and cheap to run. People are cagey about the boot space but I've fitted dog guard and divider and get four spaniels in easily. Fitted a mattress in at Ikea without removing any of that, just dropped the passenger side rear seat. It fitted the bill for us when another BEV wouldn't and we got a good deal with trade-in of a diesel Peugeot.

Any reason why a roof rack wouldntwork with it?

Springwell · 07-09-2018 8:03am

Not that I can see

Shefwedfan · 07-09-2018 8:22am

I think I will hold out till I see some pricing for the Niro BEV

I was sitting behind a red Outlander yesterday and my wife was hugely impressed....it might be worth swapping the diesel guzzler for a PHEV for the next few years and then move to full BEV.

Would I spend 40k on a Kia?? if it was an Audi then Yes, but a Kia...the mind boggles :-)

It just might be worth holding out till 2021 for the VW Crozz

Shefwedfan · 19-09-2018 9:07pm

Just wondering for update, you mentioned 40km/l

So that would be 2.5ltr/100km? is it still running at that

Springwell · 20-09-2018 8:31pm

The worst I've got so far is 35km/l or 98mpg but yes, 40km/l is my normal with the amount of charging I do

daheff · 20-09-2018 10:21pm

So this page is claiming 1.3l/100km & 58km electric range.

The battery is a 8.9 kwh battery (correct me if I'm wrong)?

So you are getting 6.5km/kwh ? Looking at the 64 kwh Kona, range 480km that has 7.5km/kwh vs the L40 at 9.5km/kwh.

I know we arent comparing like with like, but the range per kwh is 2/3 of a leaf?

I know real world we arent getting these ranges, but i'm evaluating which is better for me to buy (monetarily) and these ranges/kwh make a difference.

Shefwedfan · 21-09-2018 10:11am

daheff wrote: »

So this page is claiming 1.3l/100km & 58km electric range.

The battery is a 8.9 kwh battery (correct me if I'm wrong)?

So you are getting 6.5km/kwh ? Looking at the 64 kwh Kona, range 480km that has 7.5km/kwh vs the L40 at 9.5km/kwh.

I know we arent comparing like with like, but the range per kwh is 2/3 of a leaf?

I know real world we arent getting these ranges, but i'm evaluating which is better for me to buy (monetarily) and these ranges/kwh make a difference.

The km/kWh is not a figure most people use. Most people use kWh/100km.

The Leaf is not very econimical if you compare it to Ioniq/Kona/eGolf. I would expect the Niro to be similar to the Kona because of the same components.....

Any numbers online are mostly bulls**t. If you talk to users and ask what kWh/100lkm they are getting that will give you the real view.....

I would not buy a car based on the numbers online.

Shefwedfan · 21-09-2018 10:27am

Springwell wrote: »

The worst I've got so far is 35km/l or 98mpg but yes, 40km/l is my normal with the amount of charging I do

Thanks, I have Rav4 hybrid for the week. It is a 181 so old model compared to the one which will be released next year but after doing a few school runs etc I am at 6.6ltr/100km....

Now the Galaxy is doing 8ltr/100km.....so really I would be saving maybe 1.5ltr/100km. With the cost difference between petrol/diesel it is not really worth it

Now don't get me wrong, the Rav is a lovely car and really I forgot how much I like the Crossover type car. Getting the kids in & out compared to the eGolf is a joy.

What I would love if at the end of this demo if I could get my hands on a Niro for a few days to do a similar test, I think most of the driving I do could be done on battery alone

daheff · 21-09-2018 11:38am

Shefwedfan wrote: »

Any numbers online are mostly bulls**t. If you talk to users and ask what kWh/100km they are getting that will give you the real view.....

I would not buy a car based on the numbers online.

I understand that the online numbers are 'sales talk', but i need to start at some even point to make comparisons. I can ask users what they get, but everybody drives different routes/ways so no 2 users would have the same kwh/100km (or whatever) and makes it more difficult to evaluate.

Shefwedfan wrote: »

The km/kWh is not a figure most people use. Most people use kWh/100km.

Fair enough. They are the same thing, but just from different side. I'm using it to work out how much it costs to charge per range of vehicle. To get a cost per km

Shefwedfan · 21-09-2018 11:52am

daheff wrote: »

I understand that the online numbers are 'sales talk', but i need to start at some even point to make comparisons. I can ask users what they get, but everybody drives different routes/ways so no 2 users would have the same kwh/100km (or whatever) and makes it more difficult to evaluate.

Fair enough. They are the same thing, but just from different side. I'm using it to work out how much it costs to charge per range of vehicle. To get a cost per km

Ok, what are you trying to understand.Maybe a better question....

Shefwedfan · 21-09-2018 3:33pm

Very interesting review: https://www.youtube.com/watch?v=0Qyza5APLbI&t=0s

Pity he wouldn't do more PHEV's

50km on the battery is impressive.

If I probably monitor what I do most days I could everything on battery

daheff · 21-09-2018 6:12pm

Shefwedfan wrote: »

Ok, what are you trying to understand.Maybe a better question....

so i'm trying to work out my fuel costs on various vehicles.

I'm working out I do approx 20k km per year (70km a day). Niro PHEV range is (Allegedly) 58km from battery of 8.9kwh.

My unit cost of electricty is 0.1852c per KW. So i work out (and excuse this back of cigarette packet calc here) that I can charge every night so of my annual commute 15,080 km will be powered by battery (lets take given numbers as true for the moment).

So Niro costs me 15080/58 (number of charges per year) =260
8.9kwh *0.1852c =1.64828 EUR per charge = 428.55 electric costs

Whereas if I had a 40kwh leaf - I'd get 378km from a charge. Charge would cost 40*0.1852c =7.408 EUR, but I'd only need 53
of them (1 a week or so) so this would cost 392 EUR (53*7.408).

So the Niro would cost more for the battery charge than a leaf (or Kona), AND I'd still need to top up the costs with Petrol too.

Shefwedfan · 21-09-2018 6:24pm

daheff wrote: »

so i'm trying to work out my fuel costs on various vehicles.

I'm working out I do approx 20k km per year (70km a day). Niro PHEV range is (Allegedly) 58km from battery of 8.9kwh.

My unit cost of electricty is 0.1852c per KW. So i work out (and excuse this back of cigarette packet calc here) that I can charge every night so of my annual commute 15,080 km will be powered by battery (lets take given numbers as true for the moment).

So Niro costs me 15080/58 (number of charges per year) =260
8.9kwh *0.1852c =1.64828 EUR per charge = 428.55 electric costs

Whereas if I had a 40kwh leaf - I'd get 378km from a charge. Charge would cost 40*0.1852c =7.408 EUR, but I'd only need 53
of them (1 a week or so) so this would cost 392 EUR (53*7.408).

So the Niro would cost more for the battery charge than a leaf (or Kona), AND I'd still need to top up the costs with Petrol too.

You are comparing apples with oranges to be honest

A PHEV is always going to be less econmical, it is carrying around a big petrol engine and a fuel tank full of petrol plus an electric engine with a battery.....PHEV is a stop gap to people who want to go electric but potentially need to do long distance driving and dont want to use the charging network.

The Leaf will not do 378km. Not a hope in hell.....check on leaf thread for feedback.

Maybe I missed but did you start a thread with your requirements? do you want to go full electric or is PHEV the preferred option?

daheff · 21-09-2018 9:21pm

Shefwedfan wrote: »

You are comparing apples with oranges to be honest

A PHEV is always going to be less econmical, it is carrying around a big petrol engine and a fuel tank full of petrol plus an electric engine with a battery.....PHEV is a stop gap to people who want to go electric but potentially need to do long distance driving and dont want to use the charging network.

The Leaf will not do 378km. Not a hope in hell.....check on leaf thread for feedback.

Maybe I missed but did you start a thread with your requirements? do you want to go full electric or is PHEV the preferred option?

Yeah I know they arent interchangeable. I'm working the numbers on some options based on my requirements. Hyundai kona petrol (mid range costing circa 26k)would end up being cheaper than a Kona EV (10k is a lot of miles to break even). So that analysis had me thinking on what would work best. So I ran some numbers & when i saw expected power cost for L40 vs PHEV i was surprised at the drop off in efficiency(alleged!)

I did have a thread. Must update it with my calculations.

https://touch.boards.ie/thread/2057907219/1

I know none of the cars give the mileage/range they claim....but i figure if they are all wrong, they are probably all out similar %

Having looked at the numbers, the kia niro phev seems to be best value (mainly because it has highest guaranteed future value- from pcp)

edit- Kia seem to have updated their PCP calculator overnight. Had been offering GMFV of 14,398 yesterday. Today its 12,398

Springwell · 21-09-2018 9:40pm

If you can do the majority of your driving within the battery range then PHEVs work well - Niro works for us as we charge at home and work but it can do long journeys without having to charge. For intermediate stuff we have a Zoe.

Shefwedfan · 21-09-2018 10:58pm

daheff wrote: »

edit- Kia seem to have updated their PCP calculator overnight. Had been offering GMFV of 14,398 yesterday. Today its 12,398

In regards to your thread Jesus you got a lot of **** advice, seriously the diesel brigade out in force, not an ounce of sense

In regards to GMFV, what exactly does that mean?

daheff · 21-09-2018 11:49pm

Shefwedfan wrote: »

In regards to your thread Jesus you got a lot of **** advice, seriously the diesel brigade out in force, not an ounce of sense

In regards to GMFV, what exactly does that mean?

GMFV = Guaranteed Minimum Future Value .

On a PCP its the balloon payment at the end & minimum the dealer guarantees to give you for the car. I'm using it as a guide for calculating depreciation.

Shefwedfan · 21-09-2018 11:53pm

daheff wrote: »

GMFV = Guaranteed Minimum Future Value .

On a PCP its the balloon payment at the end & minimum the dealer guarantees to give you for the car. I'm using it as a guide for calculating depreciation.

Sorry I know what gmfv means but not sure what diffference it will make? E.g is it better higher or lower?

Depreciation can be figured out using a magic ball....mostly it says unsure

What is going to happen is that electric and PHEV will become more popular and diesel will be pushed out...

Now the question is how to you rate the Leaf due to rapidgate, if they fix the problem in every other car will the Leaf 2 drop like a stone? Personally I don’t think it will but worth considering

daheff · 22-09-2018 8:44am

Shefwedfan wrote: »

Sorry I know what gmfv means but not sure what diffference it will make? E.g is it better higher or lower?

Depreciation can be figured out using a magic ball....mostly it says unsure

What is going to happen is that electric and PHEV will become more popular and diesel will be pushed out...

Now the question is how to you rate the Leaf due to rapidgate, if they fix the problem in every other car will the Leaf 2 drop like a stone? Personally I don’t think it will but worth considering

I'm thinking higher (%) gmfv the better for 2 reasons

i pay less on monthly pcp repayments-
if car values drop like a stone i can walk away & keep the balloon payment for a deposit on next car.

And higher gmfv means manufacturer is trying to keep resale values up. So may be better equity in it after 3 years.

As i mentioned in an earlier post Niro Phev had (2days ago) a much higher % gmfv- think it was 46% vs 40% on others i looked at=. It made it almost a no brainer.... but they must have spotted it & changed it. Now its a push whether i get hybrid or phev.

Really not sure on the L40. Rapidgate may not effect most, but if the L60 has it fixed it will effect resale of the L40.

Shefwedfan · 22-09-2018 9:25am

I noticed the price for the Niro self charging hybrid is extremely cheap, I think I seen a 181 for 20k last night on Carzone....now it was late.....

When you think the rav4 self charging hybrid I am testing cost nearly 40k new

P.S The self charging bit is only a joke

KCross · 22-09-2018 9:35am

Shefwedfan wrote: »

I noticed the price for the Niro self charging hybrid is extremely cheap, I think I seen a 181 for 20k last night on Carzone....now it was late.....

When you think the rav4 self charging hybrid I am testing cost nearly 40k new

P.S The self charging bit is only a joke

I doubt it. I’d say €25k at least. They are €30k new.

How much wine were you after?

Shefwedfan · 22-09-2018 9:46am

KCross wrote: »

I doubt it. I’d say €25k at least. They are €30k new.

How much wine were you after?

Gowan Motors Navajo road, can’t link as on phone...182 20k....now it seems a stock ad but it mentions 22k in ad

Next one up in 25k but still compared to the Rav

Only 1 glass last night......forgot to restock this week .....won’t make that mistake tonight

KCross · 22-09-2018 11:05am

Shefwedfan wrote: »

Gowan Motors Navajo road, can’t link as on phone...182 20k....now it seems a stock ad but it mentions 22k in ad

Next one up in 25k but still compared to the Rav

Only 1 glass last night......forgot to restock this week .....won’t make that mistake tonight

The cheapest Niro I see on carzone is €25k and thats for a 181.

There is no way they are selling a 182 €30k car for €20k or €22k. My guess is it was a mistake and they removed it.

Shefwedfan · 22-09-2018 1:40pm

KCross wrote: »

The cheapest Niro I see on carzone is €25k and thats for a 181.

There is no way they are selling a 182 €30k car for €20k or €22k. My guess is it was a mistake and they removed it.

Its a bloody Ceed which came up on the Niro search :-)

Niro Phev

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