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Analysis: EVs are now nine times cheaper than petrol or diesel to drive in UK

66 points · 107 comments · xbmcuser

  1. roschdal · · focus · HN ↗
    Electric cars (Tesla+) are much more expensive than gasoline cars to purchase initially.
    1. Ekaros · · focus · HN ↗
      Not to forget greater depreciation. So for those who drive relatively little the ICE card might still have lower total cost of ownership. Not to forget time comparison on fuelling versus charging.
      1. pornel · · focus · HN ↗
        When you buy used, the depreciation works in your favour.

        You can get a mint condition IONIQ 5 with 300bhp and 20-minute charging for less than a new Corolla.

        1. pjmlp · · focus · HN ↗
          Does it still charge as new?

          Used cars still take a full fuel tank.

          1. pornel · · focus · HN ↗
            Yes, and it's easy to verify how much of the original capacity remains (95% typically).

            The deprecation has very little to do with the cars themselves. It's mainly due to original prices being inflated during covid demand spike + chip shortage followed by releases of decent brand new EVs under £25K.

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