Used Model S vs new Model 3

[Deleted User] wrote: »

My PCP is up in November, can't decide what to do, m3 too expensive for my mileage and so is any car for 50K.

I feel like I'm your EV stalker. Leaf, to an i3 REx, now considering a Kia or a Tesla.

Option 1 - Kia e-Niro. I could sell the i3 for a decent price, put €10k down on the e-Niro, keep a nice chunk of cash, pay €450 a month for 3 years and be left with a €15k final value on PCP. Plus I'd have the e-Niro within a few months. But whatever way you slice it, that's buying a brand new car and absorbing the depreciation that goes with it.

Option 2 - Tesla Model 3. New isn't really an option. Guts of €50k, and their finance options are not cheap. Maybe second hand from the UK? There's one at the minute, 6 months old with 1800 miles so wouldn't be hard to run up enough miles to avoid VAT. Could be here for about €43k plus VRT and the cost of financing it. No idea how bad they'd hit a Model 3 for VRT?

Option 3 - Tesla Model S. This would probably be my favourite option. I drove an S in Norway for a week a few years ago, a P90D. It was absolutely fantastic. I'd love the car, plus there are some decent options on the CPO UK site. Spotted a low mileage 85D a few weeks ago at £38,500 which would be around €43k before VRT. That's with 4 years/50k miles warranty. My only other worry is the same one many others have had, could my wife drive it... She likes the size of the i3 but I'd be bricking it if I thought she was going into a multi storey...

Option 4 - keep the i3. Its a fine car, serves my needs well due to the REx and is running well. However its out of warranty and that makes me twitch. At my last service they found a problem with the on board charger. Was fixed under warranty but I dread to think what that would have cost otherwise.


My head is saying option 4, but that's because my head also tends to believe that in a year's time there will be much more options. Problem is that my head has been believing that for years now.

DrPhilG wrote: »

I feel like I'm your EV stalker. Leaf, to an i3 REx, now considering a Kia or a Tesla.

Option 1 - Kia e-Niro. I could sell the i3 for a decent price, put €10k down on the e-Niro, keep a nice chunk of cash, pay €450 a month for 3 years and be left with a €15k final value on PCP. Plus I'd have the e-Niro within a few months. But whatever way you slice it, that's buying a brand new car and absorbing the depreciation that goes with it.

Option 2 - Tesla Model 3. New isn't really an option. Guts of €50k, and their finance options are not cheap. Maybe second hand from the UK? There's one at the minute, 6 months old with 1800 miles so wouldn't be hard to run up enough miles to avoid VAT. Could be here for about €43k plus VRT and the cost of financing it. No idea how bad they'd hit a Model 3 for VRT?

Option 3 - Tesla Model S. This would probably be my favourite option. I drove an S in Norway for a week a few years ago, a P90D. It was absolutely fantastic. I'd love the car, plus there are some decent options on the CPO UK site. Spotted a low mileage 85D a few weeks ago at £38,500 which would be around €43k before VRT. That's with 4 years/50k miles warranty. My only other worry is the same one many others have had, could my wife drive it... She likes the size of the i3 but I'd be bricking it if I thought she was going into a multi storey...

Option 4 - keep the i3. Its a fine car, serves my needs well due to the REx and is running well. However its out of warranty and that makes me twitch. At my last service they found a problem with the on board charger. Was fixed under warranty but I dread to think what that would have cost otherwise.


My head is saying option 4, but that's because my head also tends to believe that in a year's time there will be much more options. Problem isy head has been believing that for years now.

Personally, it'd be Option 2. Based on the amt of warranty work I've had, would be v nervous having an S that's out of warranty...

Black_Knight wrote: »

That option 2 of a second hand 3 doesn't seem like great value. 43500 + transfer costs of maybe 500. Then vrt. Not sure what that'd be but the difference between it and a brand new one might know be a couple of grand?

Yeah hence why I don't think a Model 3 is a runner. Not for another year anyway.

ELM327 wrote: »

Option 5 ... buy my S. Probably cheaper than the UK S+VRT, for sure cheaper than the UK 3 + vrt.

I'd even take your rex in p/ex if it's free of finance.

Hurry up and list it then!

BobbyBingo wrote: »

Personally, it'd be Option 2. Based on the amt of warranty work I've had, would be v nervous having an S that's out of warranty...

I wouldn't be buying an out of warranty S, it would likely be a CPO UK Model S with 3-4 years warranty.

jordan191 wrote: »

I checked the VRT on a 2019 Model 3 SR+ last week with 8k miles, because of the the 5k rebate, the VRT was only €1080 i think, more of these will be imported when they drop in value a bit, but you can buy them for £35-£38k sterling at the moment, cracking value & probably 3.5 years of warranty left

How did you check the VRT...?

VRT Calculator
Vehicle Registration Tax (VRT) calculation for vehicle.
Edit Details
Your VRT Calculation
Date09/06/2020
Time16:02
Rate of VRT
14%
Vehicle Registration Tax
(payable on enquiry)
€1,040
Vehicle Details
Statistical Code
40289185
Model
MODEL 3
Make
TESLA
Version
STANDARD RANGE + 239KW 4DR AUT
Breakdown of VRT Calculation
Open Market Selling Price (OMSP) determined by Revenue
€56860
Monthly Adjustment
N/A
Depreciation Code Allocated by Revenue
E1
Odometer Reading
8000 Miles
Date of First Registration
November 2019
Mileage/Kilometre Reduction
€70
Rate of Depreciation for this Vehicle
24%
Current OMSP determined by Revenue
€43143
Revenue CO2 Estimate
CO2 Emissions
0
Rate of VRT
14%
CO2 VRT Charges
(payable on enquiry)
€1,040
Revenue NOx Estimate
NOx Emissions
0.251
NOx Units
g/km or g/kWh
NOx VRT Charge
(payable on enquiry)
€0
Registration Tax Total
CO2 VRT Charges
€1,040
NOx VRT Charge
€0

Vehicle Registration Tax
(payable on enquiry)
€1,040

€1k is pretty good.

SR+ for £37k = €41700 (Revolut)

Travel - €300 ish

VRT - €1k

==============

Total - €43k

By comparison - This Model S 75 CPO 4 years warranty @ £37.5k would have VRT of about €3000?

https://www.tesla.com/en_GB/used/5YJSB7E13GF163606?token=$2y$10$.3DN60ZeBDBn3jMwp/xVkeTPhTO4KJj5gkCh8NlGz6oi.2RxED6k2&redirect=no

Deleted User wrote: »

That gives you Autopilot but not the full self driving ?

What's their standard autopilot like on the m3 ?

Autopilot is good by all accounts on Motorways and main roads.

Full Self Driving is not really there yet..

https://www.youtube.com/watch?v=ldSrrKBq3R8

jordan191 wrote: »

more of these will be imported when they drop in value a bit

Not going to happen. Remember that from Jan 1st you will have to pay import duty and VAT of 23% over the purchase price + transport cost + insurance cost + import duty. And then there will be the VRT to be paid too.

Realistically if you want to bring one in from the UK, you will have to do so within the next 6 months. Same applies to any Tesla, or any car for that matter. The days of importing cars from the UK are numbered.

DrPhilG wrote: »

Anyone have a quick breakdown of the real life range on the Teslas?

From Model 3 SR, and the various versions of the S?

I'd be wanting a real life range of about 400km even with my lead foot.

With your heavy foot you won't get a 400km real life motorway range out of any EV, unless you fork out for a brand new long range Tesla Model S. From about €90k.

Alright 350km then, lol.

Edit I mean in normal weather and mixed urban/rural.

Obviously pelting rain or horsing down the motorway all bets are off and 300km would be doing well.

unkel wrote: »

In a Tesla, you'd need a Model S 85 or 90 minimum or a Model 3 long range (75). I don't think you're considering a Model X, so left them out.

No an X isn't an option. Even I'd find that too big to drive.

I'd been thinking I'd need an 85 in the Model S alright.