New gov scrappage grant of 8500

https://www.boards.ie/discussion/comment/124525274#Comment_124525274

Never said the prices would go up. But what I did say if you read it properly is you would lose the dealer discount. Win win for dealer, lose for you

https://www.boards.ie/discussion/comment/124525560#Comment_124525560

The scheme will also reward people who drive high mileage due to the savings in fuel costs, even if they think they might not be able to afford a new one.

For example I drive 100km/day or 500km/week for work. My old diesel bill was €55 (probably closer to €75 in today's money) which can be done in an EV for €8.50 a week. That's a saving of €66.50/week in todays money or €266 in a 4 week month

When I drove diesel I'd upgrade my car every 5 years, I'd typically look for a 7-8 year old pre-loved car for around the €12k price tag and for that you're looking at a loan of about €300/month

So now my combined maximum payment is €566/month, the €300 I'd have spent anyway and the €266 from fuel savings. Plus, if I go new, I'm getting €5k for trading in my dirty smokey diesel car.

Lets say I go for the BYD hire purchase deal of 4% and use the €5k grant as the deposit. Including fuel savings, I'm now €59 better off going EV than sticking to my old diesel car but I'm now driving a 262 instead of a 231

CramCycle

dp22250

https://www.boards.ie/discussion/comment/124525406#Comment_124525406

Same fella who drove around in a vw t4. He has more carbon footprint used up with all his flying in last government the average person wouldn’t clock up in a lifetime.

Propaganda and lies is all were being fed.

https://www.boards.ie/discussion/comment/124525700#Comment_124525700

59 Euros?. Is it really worth the hassle just so you can show the world you own a brand new car and a boring BYD which are being basically paid for by the Chinese government.

It's your money I suppose if you want to spend it that way.

fergiesfolly

https://www.boards.ie/discussion/comment/124525560#Comment_124525560

I couldn't see the financial logic of paying €18000 for a 5 year old car. It's coming to the age where it's servicing and upkeep will be getting expensive. I'd be inclined to take my €18k and put it towards an EV( for example) and pay off the remainder over the same 5 years. If it's an EV, it'll be cheaper to run and service.

Our car has paid it's dues and it's repair/upkeep costs started to outweigh its value at this stage.We were looking at used EVs for €25+28k and with a reasonable deposit the repayments over 5 years were somewhat offset by the cheaper fuel.

With the extra grant we're looking at new cars as we meet the criteria for scrappage and we haven't bought a brand new car in a long long time, so I'll admit there's a bit of "new car smell" in it as well.

We're not the " wealthy" that have been talked about online and radio/tv. We're working taxpayers, on not huge wages and we've saved for a replacement car. We get bugger all for the taxes we pay, so I'll be taking this handout with relish. I hope others in our boat get to as well.

Every car ever built has an environmental impact. Just because old diesels are old doesn't change that. Our old car will go to the scrap yard where hopefully some of its parts get used to help someone keep their car on the road.

This deal isn't for everyone, but if the car and circumstances work, then go for it.

https://www.boards.ie/discussion/comment/124525745#Comment_124525745

Not sure you'd get the time to show the whole world or that 8.3 billion people would even be interested that you own a brand new car. But €59 a month into your back pocket for a brand new car with lower maintenance seems a no brainer to most. After 5 years it's back up to a €266 saving, probably more because diesel prices are only going in one direction, up, a 5 year old car and no car loan to worry about. Complete no-brainer for most I think

https://www.boards.ie/discussion/comment/124525772#Comment_124525772

And electric if you have read the news .

https://www.boards.ie/discussion/comment/124525754#Comment_124525754

Look,

If you are in the market for a new car already, were considering a brand new one and have a qualifiying car for the scrappage - you'd be a clown not to take advantage of it.

I'm just not sure there are enough people in this specific situation.

https://www.boards.ie/discussion/comment/124525406#Comment_124525406

Under Eamonn Ryan's tenure as minister for transport and the environment he stood over the worst fall in new EV sales any government has witnessed while simultaneously cutting the new EV grant from 10k in 2021 to 3.5k in 2024. At the same time sales of petrol and diesel prices started rising while he slept in the dail chamber.

I remember one time he was on the last word to debate EVs and wouldn't shut-up about cycling and public transport, completely devoid of the points that he was supposed to be making.

The man should be the very last thing anybody associates with EVs. More he should be associated with diesels considering his promotion of them in the 2010s

https://www.boards.ie/discussion/comment/124525754#Comment_124525754

This is really the problem with the whole car market.
We have been conditioned to think that it is acceptable to think that a 5 year old car is "OLD" and somehow not fit for purpose and then think that the costs of maintaining it up to 10+ years is somehow more expensive than a loan repayment on a middle of the road EV.

The cost of financing that BYD in an earlier post was approx 500 euros a month or 6K a year.

6K a year net is a lot of money and you'd do a lot of maintenance/pay for a lot of diesel annually with that kind of wedge.

(Am obviously disregarding a lot of deposits/initial cost of diesel car etc etc) but that the logic that a lot of people make when holding onto "older" cars.

SodiumCooled

https://www.boards.ie/discussion/comment/124525495#Comment_124525495

from an Irish perspective though the carbon cost of manufacturing doesn’t matter and is borne by the country of manufacture so from an Irish preservative which is what matters in this context getting an old fossil fuel car off the road replaced by an EV reduces our our carbon emissions and helps our target reductions.

https://www.boards.ie/discussion/comment/124525787#Comment_124525787

The very definition of a specific situation is that it is specific and therefore not very many people will be in that situation. The situation I described of commuting 500km/week is quite prominent in rural Ireland. It's the equivalent of driving from Ennis to Limerick and back every day. Somebody commuting from Newbridge to Dublin would cover it as well

Seeing a significant saving Vs using an old diesel to do the work would apply to anybody doing such mileage

https://www.boards.ie/discussion/comment/124525778#Comment_124525778

Electricity up 8%, diesel up 20%, the gap will only get wider

https://www.boards.ie/discussion/comment/124525857#Comment_124525857

https://www.boards.ie/discussion/comment/124525862#Comment_124525862

I was speaking to the poster who was in the specific situation I described and stated it would make sense for them to utilise this - they had already made the decision to go for a new EV (and I assume had the finances to do it, and had a qualifying car for scrappage).

I dont think every driver doing 500Km a week has the capacity to pony up 35-50K for a new EV, even with the grant for numerour reasons.

Look, I get the maths side of it, but you really have to look at the capital cost of going from ICE to EV. Its not just the cost of the EV.

I've seen people spend tens of thoudands to save hundreds a year on many different things over the years.

https://www.boards.ie/discussion/comment/124525862#Comment_124525862

Lets see then. Unless you have a crystal ball.

Exactly. Spend thousands , take a loan for what, a glorified electric box of crap? To save a few hundred a year. Not worth it.

Have one life, live a little

https://www.boards.ie/discussion/comment/124525927#Comment_124525927

No need for a crystal ball as I was talking about the most recent price increases. The latest increase for Electric Ireland puts their night rate at 15c/kWh, that's the equivalent of 45c for a liter of fuel using the 3:1 ratio

https://www.boards.ie/discussion/comment/124525896#Comment_124525896

You clearly don't get the maths of it though. You keep talking about a 35-50k EV with the 5k grant applied and the example I gave was a 32k car which goes to 27k with the grant

I've seen people spend thousands on new cars to then go ahead and also spend thousands a year on dirty expensive fuel

SodiumCooled

https://www.boards.ie/discussion/comment/124525927#Comment_124525927

A significant number of people have their own solar too so are essentially fuelling an EV for free for over half the year regardless of electricity prices and even when charging are using cheap night or EV rates.

https://www.boards.ie/discussion/comment/124525930#Comment_124525930

Have you driven an EV they are pretty nice places to be and very nice/relaxing/comfortable to drive.

crusd

https://www.boards.ie/discussion/comment/124525828#Comment_124525828

The emmisions stop at the border of course and global warming also knows borders.

I did say from an enviromental point of view, not from an emmsions target of a country of 5million people in a world of 7 billion point of view.

It is unequivicol - the better thing for the enviroment is to run your old fossil feul car until it can run no more and then when it finally dies, replace it with an EV.

https://www.boards.ie/discussion/comment/124525959#Comment_124525959

How much was the solar? All upfront costs that takes years to get back. It's not free, far from it.

I have driven a few EV cars, it's all very early Panasonic mobile phone tech though. I'll wait the 20 years until the tech catches up thank you.

https://www.boards.ie/discussion/comment/124525950#Comment_124525950

I do get the maths of it.

Most I've ever spent on a car is 20K - no finance involved and I've never financed a car, with most around the 5-15K mark (2 cars in the house so there have been a few purchases)

It's the most I ever plan to spend on a car. I'd hope to knock 6-10 years out of any car I'd own and would generally have budgeted for that.

I suppose I am in the minority any more and perhaps all of this talk is well over my head.

John_Rambo

https://www.boards.ie/discussion/comment/124525183#Comment_124525183

Dublin pays for Dublin’s infrastructure through the enormous share of the country’s tax revenue generated in the city and wider commuter belt. It’s not a case of rural Ireland subsidising the Luas or Dublin Bus.

The issue isn’t that public money is being spent. The issue is that this particular grant is being restricted based on where people live.

Again… the cities pay for everything.

wassie

https://www.boards.ie/discussion/comment/124525801#Comment_124525801

I'd agree on the in 'conditioning' statement.

When the Govt decided to put the year of manufacture in the number plate it, SIMI and motor dealers realised that a bold, unmissable print on the bumper completely altered the Irish car layering psychology.

In turn they managed to convince the Govt to take this further with the dual registration split in 2013.