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Random EV thoughts.....

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Comments

  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Not anymore unfortunately, the scheme ended last year

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 6,322 ✭✭✭obi604



    ah damn it. 😞

    are any one of these companies better than the other or are they all the one?



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Well the tolls are the same regardless of which company you pick

    It's more down to how you pay and what any monthly fees are

    Eflow is bill pay for example, and Easy trip uses prepaid credit

    There are some differences is which roads are covered which mostly seems to boil down to whichever county council is having an argument with the toll tag company

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 7,315 ✭✭✭zg3409


    It depends how often you go through the toll. And how often you go through M50 toll. Most have a monthly , one has no fee but adds 10% to toll cost. Most offer discounts compared to paying cash. Google toll compared to see all providers. Beware hidden fees, monthly fees, vat



  • Registered Users, Registered Users 2 Posts: 9,432 ✭✭✭markpb


    I never heard the last part before. I thought eToll meant that any tag would work at any toll in the country? And I’m fairly sure that county councils, other than DCC don’t have anything to do with tolls.



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  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    It's pretty rare, but it happens every so often

    For example

    That was a few years ago, and they seem to have gotten better at avoiding disputes

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 3,068 ✭✭✭Casati


    Depreciation will be cruel for sure, but it’s not his problem as he said he was leasing - the lease cost on the PHEV was hundreds more per month - can’t remember exactly but his saving running the diesel was substantial including fuel cost.

    I often can’t believe the low low lease rates they get in England, stuff like M4’s look almost affordable



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    If in doubt, sue 🙄

    Maybe it was an EV that started the fire, but the case as described seems to amount to "EVs on board, therefore they started fire"

    It'll be interesting to see if the shipping company brings any actual proof with their case

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 4,001 ✭✭✭sk8board


    if you watched the video he went into a lot of detail on the numbers. It’s pretty simple - the lease monthlies on the hybrid were bonkers versus the diesel and he’d never do enough miles to recoup the cost.

    imagine someone spending their own money on a car you don’t agree with yourself …..🙄



  • Registered Users, Registered Users 2 Posts: 66,634 ✭✭✭✭unkel


    Ah yeah I knew there was something funny. Now you remind me, I do remember. Leased. A mistake often made though that monthly lease payments are costs. They are not. Well not taken out of the context of the entire contract anyway.

    Personally I would never take out finance to buy a car or long term rent or lease a car.



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  • Moderators, Society & Culture Moderators Posts: 42,184 Mod ✭✭✭✭Gumbo




  • Registered Users, Registered Users 2 Posts: 13,326 ✭✭✭✭Calahonda52


    So if not costs, what are they: you have 4 choices

    Asset/Liability/Income/cost

    Perhaps they are goodwill under IFRS 3

    “I can’t pay my staff or mortgage with instagram likes”.



  • Registered Users, Registered Users 2 Posts: 66,634 ✭✭✭✭unkel


    It's not that straight forward. Depends on the lease. But a general error a lot of people make is to class loan repayments as costs. They are not. Depreciation / interest / opportunity costs of money, etc. are costs.



  • Registered Users, Registered Users 2 Posts: 3,068 ✭✭✭Casati


    Think it’s clear you are mixed up between loans and leasing. Leasing is effectively long term renting where item leased remains the property of the leasing company through to the end of the term. It’s extremely popular in the UK due to fantastic lease deals that are very common. In Ireland it’s only really used for company car purchases. Lease cost are absolutely a cost.

    You might like to buy an older car with cash, but some very smart people use their cash to buy increasing assets that provide an income. They then use the income generated to cover the lease cost of deprecating assets - which Range Rovers certainly are. Pros and Cons to both but I certainly wouldn’t be casting judgement on somebody likes Harry’s choice in this regard.



  • Registered Users, Registered Users 2 Posts: 66,634 ✭✭✭✭unkel


    I'm not mixed up ;-)


    And yes I know the argument people use for justifying the choice of leasing / renting vs buying in that they can make more money elsewhere if they don't tie up their capital. From my experience in industry, this is often fanciful



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Can't help but think of this site when people talk about leasing

    The greatest the internet has to offer 😁

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 9,726 ✭✭✭CMOTDibbler


    Well that trip back to the 1990s was fun. Thank you. 😶



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    If you open the page source there's a few more Easter eggs 😁

    The biggest irony is that that website is probably the easiest car leasing site I've ever seen (assuming you don't have photo sensitive epilepsy)

    In about 60 seconds, I figured out I could get a red ID.3 for £383 per month for 4 years and 9 months upfront

    Is that a good price? Probably not, but I don't know because every other car site I've ever used is full of lovely JavaScript animations telling me how the car is dynamic in corners and does 0-60 in X seconds but makes me jump through 50 hoops to find out how much it costs 😬

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 901 ✭✭✭ColemanY2K


    hear me out...

    vehicle: 2022-2023 tesla m3 60kWh

    return trip to dublin three times a week (not necessarily consecutive days), each 403km trip consists of 90mins on motorway and 30 mins on regional road.

    Leaving home with 100% battery (LFP so should be fine to charge to 100%) abrp says a stop at ballacolla to add 11kW of juice is required on the return trip with 54kW needed (approx. 8 hours on a 7kW charger) when i get home to bring the battery back up to 100% for the next morning.

    using my current flogas tariff with a night rate of 20 cents and the tesla suc rate of 49 cents i estimate the return journey to cost €16 per day, €48 per week (3 trips) and €2,234 per year (46 weeks).

    my current 1.0 seat ateca costs at present €40 per day, €120 per week (3 trips) and €5,515 per year (46 weeks) which is a whopping difference of €3,321 per year.

    my first question: do my maths add up, does the above sound about right?

    second question: if i can save €3,321 per year by doing the 50k journey and keep the car for 3 years it'll have 150k on the odometer by the end of year 3 plus whatever was on it when bought second hand... so lets say 200k on the odometer. are there any known issues with model 3's with that sort of mileage? i would look to sell at that stage and buy another 2 year old using cash from the sale plus the fuel savings which i estimate would be a total of circa 28-32k to put towards the next car - i reckon a 5 year old m3 with that sort of mileage would be worth 18 to 22k (probably closer to 18k tbh).

    third question: a LR could just about do it without stopping (7% left)...saving €780 per year....would it be worth looking at picking up a 2 year old LR instead? they can't be charged to 100% right?

    fourth question: is this all bonkers? lol

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    I'll take a stab at answering the questions

    Answer 1: Those sums don't sound bonkers. Without knowing consumption figures it'll be hard to be 100% sure. However you can do better than 20c night rate, Flogas have a deal open at the moment which gives something like 12c night rate

    There's also the savings on road tax and maintenance to consider

    Answer 2: I don't think there's any known issues with a Model 3 with that mileage, but I'll let some owners weigh in. It'll obviously have some wear and tear with that mileage, but beyond eating a few tyres there shouldn't be much to worry about

    Answer 3: I'm not sure you'll make up the coat outlay of an LR with the electricity savings, even a second hand one. However it'll save you that charging stop which may be good on a cold rainy day when you just want to be home ASAP

    Answer 4: It's a crazy world out there, but as far as plans go it seems a decent one 😉

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



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  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Here's the Flogas deal, officially you were supposed to have signed up to the BWG deal last year but I'm not sure they'll actually stop you from signing up


    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 901 ✭✭✭ColemanY2K


    I'm currently on a smart plan so no going back...... I fired the pinergy and energia smart ev plans into my spreadsheet yet the flogas deal still comes out cheaper due to the high day rates on those plans.

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 1,634 ✭✭✭Redfox25




  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Darn, I'm renewing so I'm okay, but it's a shame they aren't allowing new signups

    I'd love to know the number of customers on the BWG plan versus employees across the group. I suspect there's a lot more customers than employees

    Reminds me of that line from Gangs of New York; "the monk already has 5,000 more votes than there are registered voters" 😏

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 901 ✭✭✭ColemanY2K


    That's great thanks. Good to know I'm on the right track.

    I just thought of another variable. The Byd seal rwd has a 82kwh LFP battery. There'll be a few of them floating around second hand in three or so years time and should, i reckon, be retailing at 25 to 30k range by then. That car would rule out the need for a stop by solely being able to charge from home.

    It's a pity they weren't launched three years ago 🤣

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 3,721 ✭✭✭joe1303l


    Maybe consider a used 77kWh ID.4 or ID.3 instead ? Should get one for similar money.



  • Registered Users, Registered Users 2 Posts: 901 ✭✭✭ColemanY2K


    Actually you're spot on, never thought of VW.

    There's loads of second hand 77kWh ID4's out there, not so many 77kWh ID3's though which would be more fun to drive.

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 66,634 ✭✭✭✭unkel


    The trick is to never use any high day rates, just the 5c night rate and of course take their €100 welcome bonus 😁



  • Registered Users, Registered Users 2 Posts: 7,315 ✭✭✭zg3409


    You don't mention where you are starting off. Ideally you need multiple charging options as backup and in case your plans change. The sums might be ok. Compare to diesel car consumption too.

    Depreciation is probably biggest cost, you want to minimise buying cost, cost of credit, yet with high mileage any car will be worth far less in no.time.



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  • Registered Users, Registered Users 2 Posts: 901 ✭✭✭ColemanY2K


    impossible not to use day rates with a 7kW charger in my case 😫...oh how i wish there was a three phase nearby when i was building the house, a 22kW charger would hit the sweet spot.

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



This discussion has been closed.
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