30,000 miles... If you like it why not? People are spending money on worse.
The I-Pace is a roomy, comfortable EV that drives well and gets the sort of range even in winter that would work for us. While this particular one, as essentially a new car with 250 miles on the clock, is too rich for my blood, I thought it might be worth bringing to other people's attention. It caught my eye as it's not that long since I was weighing up whether to buy outright a much older EV for shorter runs and continue running an ICE car for longer trips - the notion that we might consider the likes of an I-Pace or any other EV that could become the sole car in the household wouldn't have been realistic.
We've set our budget at around the equivalent of €350-€380 per month, which is less than what we've been spending over each of the past 12 months to run a 16 year old 2.0 diesel Mondeo. That figure includes fuel, tax, parts, maintenance and repairs, but excludes purchase and insurance (and of course there are no purchase or other upfront costs with the leasing option). Pretty much the same was true of the 2.0 diesel A6 we had before that. Fuel has been by far the biggest share of that outlay, at around 70% - that money is just as "dead" as anything we might pay towards a lease.
Since we already have a solar array at home which produces more power than our house uses for about 8 months of the year, our cost to fuel any EV will be a small fraction of what we've been paying to burn diesel (and send all sorts of horrible crud into the atmosphere). That allows us to allocate a fair chunk towards leasing costs without going beyond what we're already paying out each month. The likelihood is that a used Model 3 LR would better suit our use case, and leasing a used one is more likely to fall within our budget. NB those leasing contracts include servicing, maintenance and breakdown cover, for a car which will still have a full warranty for the entire 24 months. There's no warranty to cover the replacement DPF on the Mondeo, or the replacement timing belt, or any of those other pesky things that have to be done to keep an older car on the road.
The same leasing company has other, cheaper alternatives to that I-Pace on their site right now, e.g. several Audi E-Trons for €380/month equivalent (but the 50 rather than the 55, so lacking the range we'd need). However if another slightly older I-Pace, or Model 3 LR, or 77kWh ID4, or an MG ZS LR, or any other longer-range EV I've seen on there recently, comes up within our budget (which I think will happen more often as the year goes on), then the choice becomes about whether we want to continue paying out a chunk of money every month to run a now-17 year old Mondeo, or pay less overall to have a much newer, warranty-covered EV that will do everything the Mondeo can in terms of basic practicalities, but will be far cleaner and far more pleasant to drive, with far lower risk of any problems arising and none of the burden of resolving such problems falling on us. It's not a difficult decision.
Is this an ad for a leasing company ?
😄 Definitely not naming it now!
@sk8board found an article that in the UK more people are leasing cars instead of private purchases. I put that down to a predictable change based on the EV salary sacrifice schemes such as the one that @mr chips wants to use. Then @mr chips is sharing reasons for why they want to do it.
Looking at one Irish provider I could lease the same car as I'm driving now with an annual mileage of 15,000km for €930/month. That's not a very attractive offer. If a salary sacrifice lease was available I'd pay €446/month. I'm expecting to lose 20k in depreciation on the car over 3 years, so paying a 16k lease would be quite attractive. I wouldn't dream of paying €33.5k for the same lease.
No, I mean they mentioned a car that wasn't for them but put in no link 😃
Here you go - https://app.loveelectric.cars/welcome
It's for UK users, you have to register to get accurate prices, you have to get your employer on board, and the prices will vary according to your salary.
Has there been any mid life update to the iPace?
just looking through the ads, they seem to range from €30k for 19/20 all the way to €88k for a 241, the latter definitely feels a bit much
Anyone going to this nevo show in rds at the weekend? I'm going in bringing a few work colleagues trying to get them to convert their company car type.
I'll be going even if I'm not in the market for a new car. I think it is the first such initiative which give people opportunity to educate themselves on the subject. I can only see positive outcomes from participating at the event.
Had a quick look there on the VW website, I see an ID3 is now cheaper than a Golf. To me there’s great! proper price parity now.
My parents can no longer argue that the reason for them to not consider going electric is because EVs cost more than ICEs to buy upfront.
A Model 3 LR appeared on that UK-based loveelectric leasing site I'd posted above earlier today - cost for us would have been £358 per month over 24 months for 10k miles p.a., for a car registered in June 2021 with just over 13k miles / 21k km on the clock. Gone already when I went to look at it again this evening.
Seems to be a good few 2017 Ioniq being sold at decent prices at the moment, I wonder if it's people jumping ship before the battery warranty runs out. The buyer essentially won't have any battery warranty left, but there aren't any older ioniqs for people to get if battery warranty is not a concern for them
I know battery failure is uncommon, but it is a possibility right? So a 2017 is worth €10k now, but if it battery fails anytime after it being 8 years old, it's potentially a financial write off unless you could get a second hand pack or maybe some on to fix individual cells(is that an option in ireland?). I suppose if you're risk adverse its probably the best time to sell.
Obviously almost all EV sales to date have been buyers of new cars - I think very few of us have any interest in still owning that car for 6-8years/160k or whatever the battery/drivetrain warranty is; but on the flip side, the buyer of that 6-8yo 2nd hand EV will want to have at least some of that risk priced in.
There is a specialist in Arklow that can swap entire packs or individual cells. You may be talking car off the road for weeks and a bill of 3000 euro + so that's a high risk when for slightly more you can buy a car with a 64kWh battery and warranty.
That said a lot of older cars will be out of warranty soon enough so expect the odd one to need battery or cell replacing. It's probably less risk than driving the equivalent ICE car.
Good to know! Even with being off the road, a €3k bill is a lot more manageable than whatever a new pack would cost.
I think as there are more examples of older EV cars on the road, people will start to trust them more. The new tech will always have the spotlight on it.
I used to install phone systems that were based on SIP (calls being made over the internet rather than the phone line) about 15 years ago, and people would blame the internet calls for everything. I had one call from a customer where they were talking to a employee on the mobile phone and the call cut out and they wanted me to find out why. You wouldn't ring Eir to ask why one random call to a mobile dropped! Another one from the same customer, they rang me irate that their phone system wasn't working, and I couldn't see it online, so I asked her to check their internet connection on their computer "I can't, the power is gone"
Out of the people we mentioned we were getting an EV to:
Only 3 people were excited about the prospect - 2 of them have EVs, other one well researched on them and would probably get one as his next car.
1 thought it was a good idea but to be cautious of the advertised range and the actual real world range. He has an EV but its probably not really suitable for all the types of driving he has to do
Everyone else (maybe 10-15 people) were saying don't: "they don't have the range", "if the battery goes they are worthless" etc. None of these have any experience with EVs
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Where'd you see that? I just did a quick check and Golf is €36k to the ID.3 €37k?
It's an apples to oranges comparison of course, base ID.3 has more power and I didn't check if they're the same spec
Also the €1k difference would be made up quickly enough on fuel savings I imagine, I think I saved around that in the first year with the Leaf and I didn't have a crazy commute (around 40km per day)
VW don’t include the grant in the sticker price of the ID3 on the website. From the configurator the pro plus comes out at €36575 RRP after grant.
I based our decision on assuming the real world range being 66% of the quoted and if that number worked then we could work with it. So far thats working out fine. Car is being driven as the previous ICE would have been 120kph om motorways, heating etc as before so from Mrs Tracos side there has been no negatives and she is very happy which means I am happy.
Yeah, we are doing the same. We're hopefully collecting a ioniq 38 all going well in the next week, but we would have been fine with the ioniq 28 for our use case (mostly school runs, but 1 week out of 4 a 50k commute on motorway with chargers at work), we just wanted to get the car with more warranty and battery warranty.
We nearly even could have went for a 24 leaf, but I'd have to be vigilant about getting the car charged while at work, and also wouldn't have the option of filling up at work and not charging at home
Salary sacrifice through employers. Great system if available.
Wow, yeah just checked there and it's correct
Also the Pro Plus is cheaper than the base Pro with no options, which I find bizarre
And the base Golf for comparison (which is a worse spec)
So this is not a bargain at all, but I'm looking through the merlin list for friday and saw this gem. 4 bars left!
https://www.merlin.ie/details?listingid=815de068-54ca-ee11-8a03-f01fafd9cf1d
So nearly 38k for a petrol golf, that's insane!
never seen one that low. and only 2015 with 134k KM. must be something wrong.
range would be something like 35km realistically
I would be curious if its a software issue. Shouldnt be that low. It has the refresh interior meaning it has the lizard chemistry update and should be much better than the original one.
I assume VW are banking on Golf fans to buy it at that price, can't see anyone who's just looking for a car going for it
Does anyone know someone around wexford that fits online purchased tires? The local place in Ferns wouldnt do it.
Ronan Furlong on the island road in Enniscorthy fitted a set for me once, he had a bit of a face on him doing it, he charged me a tenner each which was decent enough.
