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Showing posts with the label Electric car depreciation

EV versus ICE

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There are a number of reasons not to buy an electric car over their petrol powered cousins.  Below are just a few.  I have used the cheapest options where possible. 1) Cost. In the UK, the cheapest available electric car is currently the Dacia Spring, costing from £14,995 upwards, depending on specification.  It has a claimed range of only 140 miles (Electrifing.com estimate a real world range of 100 miles, with a worst case estimate of only 70 miles in cold weather), and it takes around 5 hours to charge at a charging station.  As such, it is described as a city car.  Given those figures, you certainly aren't going to go continental touring in it!  A 5 hour wait every 100 miles would prove somewhat tiresome. The similarly sized, petrol powered,  Dacia Sandero is available from £13,795.  That is £1200 cheaper, and you won't need to install a charging station at home to be able to use the Sandero.  The carwow site estimates around £2000 for th...