That's why i will never finance a car. I see it every day, 18 year olds passing their test then throwing themselves straight into financing a £20,000 car which the finance company sees as a brilliant opportunity to rip them off. "yeah it's £20,000 but you'll be paying £28,500 in total. Thank you very much."
@@rufusgreenleaf2466 Yet people are so much more accepting of mortgages when you still pay a big sum of interest in monetary terms. Paying 28k over X years instead of paying a lump sum of 20k could be the difference between affording the car you want or not. So can see it from both perspectives
@@jamalmahroof3298 I think the difference is the majority of people don’t have 300-400k laying around for a house unless it’s your 3rd or 4th property we’re cars majority can afford to spend outright 40k.
@@ar12. execpt the house once paid off is worth more than the intrest you paid to the bank, the car once paid off is worth a third of what you paid for it.
This channel is amazing and this is the kind of comparisons I love. I was actually only debating this with someone who didn't understand the mathematics behind working out which is more economical simply. Great work
Remember EVs have a much higher resale value, so with this test you would be a lot better of with an EV....and octopus go is 5p per kwh of peak at home so 1.5p per mile making the EV a no brainer....
I love the effort you put into editing your videos, the chapters you put on youtube are also super useful and make sharing and returning to your videos that bit easier. :)
Really interesting video analysis. It shows that even "cheap" electric cars are not so economical as people perceive them to be. I will stick with my petrol versions at least until 2030s.
Just passed my test first time with only 2 minors, just wanted to say thank you! I'll definitely be sure to rewatch the more advanced videos about toe n heel now :)
Wow, that hurts guys, I’m sorry to hear that. In the northeast US where gas is already cheaper, I pay 20-25 cents per kWh if I have to pay at all in public, and charging at home is of course has a lower cost than 20 cents (49p is currently 56c). I also got both state and federal tax credits for buying a phev car so purchase price was cheaper than a gas-only car. Hope the energy problems in the UK turn around soon. :(
US people can drive a v8 still and be fine, where here driving anything that's older and bigger engine than 1.4 will starve you. lpg conversion helps tho.
@@alinutzalin6346 Yes, the US and Europe are completely different worlds as far as automobiles go. Here in the US, bigger cars and SUV's/light trucks are the norm. The Big three (GM, Ford, and Chrysler) don't even make cars anymore, they just make SUV's and light trucks. The Japanese automakers have even been phasing out the subcompact segment, because nobody buys them. For example, you can no longer buy a Toyota Yaris or a Honda Fit (Jazz) in the US. You'd have to get a Corolla or a Civic.
@@aliyaf9869 I started watching this channel a couple years, when I bought a brand new car with a manual transmission, a 2020 Corolla. The vast majority of driving schools in the US do not teach how to drive a manual, and there are none in my city that do. So, watching UA-cam videos, specifically this channel, is how I learned to operate my manual car. I got my driver's license in 2005, but my prior experience was only with automatics. US driver's licenses do not distinguish between a manual or an automatic transmission.
@@hamsterama Driving a manual now that you've got experience through auto should be quite easy. Also the fact that US traffic and streets are so much better than UK. UK streets are not updated, they're meant for the most part, to be used by horse carriages. Since we don't have abundance in land, everything is narrow.
Worth a note is free charging at work, my workplace offers free charging buuuut there are only 4 spots available for 200 employees, maybe of wich 2/4 or 3/4 drive to work. I dont have the money for a new car but my mom is happy when I use hers to drive to work, since whe owns an EV. My gas car is a bit of a guzzler too so win win. But it's really difficult to see which is cheaper, and very dependent on how you live, where you live and your driving style. As always, great video!
Well I just went from my 2012 Alfa Romeo giulietta to a brand new Renault Megane 100% Electric and with having a wall box installed, I’ve already started saving. I know it’s an unfair comparison considering the age of the Alfa and the added costs MOT’s, replacements etc it was a money pit. With the Megane I don’t drive it every single day at its maximum range so when I’m at somewhere like Tesco or my local shopping park, I’ll top up occasionally if needed. Not to mention I’ve got two subscriptions with the local providers so I get a reduced rate on the 130kw rapid. My choice to go electric was a no brainer as I’m looking towards the future and the Megane is an awesome car. It’s actually more sporty than my Alfa and for sure more suitable for my personal needs. I get the nervousness going that way, but once you do it’s actually a cool experience.
After passing my test my husband got me a lovely electric car and I absolutely love it!! Would never drive a petrol car after experiencing fully electric. We have installed our own charging point at home so it’s ridiculously cheap to run it. It’s only positives from me 😊
Great scinetific experiments love your work, keep rhis kind of content going, really good job on the way of taking measuerements and the experiment's parameters, that are made clear.
Well explained and informative video. I was actually surprised how close the costs are for the EV after only 30k miles. Considering you're spending £9K more for the EV it almost pays that back over just 30k miles. If you do 12-15k a year or keep the car longer you start saving loads more with the EV over the petrol option especially as higher mileage petrol engines will get more expensive to service. The other thing I can't help wondering is how many people really calculate the total cost of ownership when buying a car. I understand that it's the best way to do it but in my own experience of owning cars I'd choose a model I like and then add things like paint and optional extras to configure the car at a price level I felt happy with paying each month. I'd then deal with the running costs as a separate thing that forms part of general living expenses. This why owning an EV feels like your saving so much money even if you've had to pay more for it in the first place.
@@EazyDuz18 Degrade yes, they don't all need replacement. Expected useful lifetime is around 200,000 miles without any servicing of the battery. Compare that to an engine!
my toyota has done 250k with nothing but oil changes, if it were a EV id have paid £20000 for a new battery! Can get a whole new petrol car for that money, madness@@PaulJoy
As long as you assume petrol prices stay the same for the next 3 years. I get some of my electricity for my car from my solar panels. The cost of sunshine hasn't increased in millions of years....
I’m surprised there’s no grands for EVs in GB. Here in Germany, I got almost 10k€ of subsidies. Also, I have few free chargers next to my apartment. On top of that, my insurance dropped down by more than a half. And I sell my unused CO2 emissions for ~400€/year. If not grands, I would never ever consider to buy a brand new car
This is a great video and I really appreciate the time and effort you've gone to to work through the subject matter. However, I have some real world experience of this. I'm an ADI and I use an all electric car for my business. I've had the car for just over 12 months now. I always charge at home at night. I've done just under 30,000 miles this year. According to my own calculations I've saved over £3,000 in running costs, compared with my previous learner car. I'm not disputing the work you've done or the results you've come up with, but my own take-away from all this is that everyone needs to do their own calculations based on their own circumstances to discover how it affects them. One last comment, for me, even if a petrol alternative was cheaper I would still opt to drive an EV. I just prefer it a lot. I'm never going back to petrol.
Of course an individual's circumstances has a great affect. Three years and 10,000 miles is about average for someone who buys a new car. 30k miles in a year is a tiny fraction of people, albeit I'm not far off that.
What I learnt was average was 6k or 8k but most get insurance for 10k anyway, it 35p for me but as calculated same price 24hr is cheaper than having a night time price, also I worked out fuel to electric on vehicle I looked at be 2k or more saving on electric a year (I plan to only charge at home and keep vehicle until scrapyard, the 2k based on going 50 miles a day for 5 years on how much I save per year
This is an amazing approach. Other channels just vent an opinion. It would be nice to make more comparisons: compare cost of hydrogen car, what is total cost of an e-car if you charge via solar cells plus home battery.
Great vid. I bet the comparison is even more stark when you look at very expensive EVs compared to combustion equivalents. Imagine how much cheaper a Taycan must be to run versus a comparable V8 Panamera…even better if you can put it through your own company!
This is one of the best comparison videos I've seen, but it omits two very important aspects. First, the running costs of the EV are greatly influenced by ambient temperature - this test was in October which was unusually warm for the time of year. If the test is done on a freezing cold, wet January day, the EV results will be very different. Second, I don't think the cost of a home charger has been included, which really needs to be taken into account when coming up with home charging costs - I know some people do home charge without them, but it's not very satisfactory. Cost of a home charger is about £1,000. Finally - it's great to see someone actually signal properly at roundabouts! lol
To be fair weather affects petrol engines also, albeit more on short journeys. I deliberately omitted the home wall box because it will last for years for many cars, although I should have mentioned it.
@@ConquerDriving Fair points. Bear in mind cold weather can knock a good third off the m/kWh of the EV (I know from bitter experience - lol) - I don't think it knocks that off an ICE car. Great video - very thorough, look forward to more.
Why would you pay more in winter? What happens is battery capacity gets lower. That doesnt mean you use more energy. Most EVs retain a lot of capacity because of heating up the battery before using it. This gives you more miles per charge even in winter. The battery capacity loss/heating depends a lot on which car you are talking about.
@@mesaber86 Yes - to some extent it does depend on the car. But it doesn't alter the fact that 8 hours of overnight charge in winter will get about a third less miles than in the summer than in the winter, even though it is taking the same number of kWh's, but at the same charging cost - because the car is less efficient. Hence, more expenive. It pretty much applies to all EV's, it's just less so with pre-heating batteries - or so they claim, but I haven't seen the figures on that.
We are running a Tesla model Y. We are using about 240 watts per mile average. We are on a tariff with Octopus Energy and the charge for off-peak charging is 7.5 pence per mile. This equates to less than 2 pence per mile. We used to have a petrol car which did an average of 36 MPG and, at £1.65 per litre, this worked out at about 20 pence per mile. It seems the problem with electric cars is when drivers do not have the ability to charge at home and are getting charged high prices for electricity from public chargers - AND are paying 20% VAT on that electricity whereas we only pay 5% VAT at home.
@@MichaelDoran23 Lockdowns nothing to do with Covid. You also emit all the ever tightening government and emissions regulations cars face as well the sensors and technology being crammed into them 95% of which is not needed or wanted. Also the cash for scrap schemes dealers ran where they would give 4k for an old banger and then scrap it taking older cars off the road and ruining the used market.
@Gravemind I gave you my correct answer, Brexit, covid and Inflation. Don't know what your responding too. But my answer is valid. I didn't mention lockdowns
The day after you posted this Tesco started charging 28p per kWh at their 7kW units. I've had 5 EVs since 2013 and initially you could get cheap deals, IE I bought a Nissan LEAF Acenta+ unused pre registration in December 2015 at only £12995 (including the battery). My last EV was a Kia eNiro at £30+k. Being both retired now having that expensive car for only ~3-4000 miles a year wasn't economical and luckily due to the silly high used car prices I sold it greater than I paid for it. We've now got a 6 month old Kia Picanto XLine AMT (Auto) costing ~£15k and currently getting up to 58mpg, averaging about 52mpg. I love EVs with their driving style and zero emissions but the industry instead of ending production of small ICE and mainly building larger SUVs to maximise their profits, need to also build small city EVs similar to the triplet compliance cars from Seat, Skoda and VW. The Chinese can see this and will introduce these soon at affordable prices. If Kia did an electric Picanto style version we would definitely consider this but not if they were ~£10k more expensive than the ICE version. You have produced a good comparison video for the many who are considering the switch.
Regarding 0 emissions: unfortunately, that is true only if you have your own solar panels. In any other scenario electricity you are using is mostly from fossil fuels (~80% in average as far as I remember). So final figures of how much your car damaged an environment are better for the most 'traditional' engines. And here I am not even touching Li battery production and recycling problem.
I like the layered comparison of petrol/electricity consumption per traffic situation - maybe you should have carried that into the cost per kWh calculation - applying a higher share of home charging for urban traffic and a higher share of rapid charging for motorway use. That would have made much clearer that using am EV for long motorway trips is very expensive whereas it's pretty good in congested areas, especially if you can charge it at your home (which I can't do because I'm living in a flat and don't have a garage with a charging device).
@@Brian-om2hh Do you always find a parking space next to the house where you are living? Most city dwellers don't - and my flat is on the 3rd floor (4th in US currency), so I'd have to spread an extension cable over 50 to 400 metres, possibly crossing up to 3 streets, depending on where I find a spot to park my car.
Unfortunately the new UK price cap for electricity from October is 34p/kWh, so suddenly the electric car is even more expensive to run. I realise night time rates may be lower, but price rises still seem inevitable at this point. That said for higher mileage users electric still may make sense, but for low mileage the high purchase price is an issue.
My tariff is 7.5p at night. I reckon I'm saving at least £100 a month on fuel compared to my petrol car. If you can charge at home it's an absolute no brainer.
@@philbrownsey-hughes2793 Something wrong there, unless it has halogen lights all round and she likes the heater on and it's a resistive heater? No way will LED lighting alone degrade the range to that extent so it's a bit of a generalized statement.
@@djtaylorutube but its not just lights running! you got the heater and with the weather were having wipers too! my hybrid is outdoing her car by a country mile , this is why i have asked them to test out a self charging hybrid to see which is the best way to go out of the three types of car!
@@philbrownsey-hughes2793 I did mention the heater but that's not specific to nighttime. Is it a resistive element heater and not a heat pump? You can remove windscreen wiper usage but putting RainX or equivalent on the windscreen, won't need wipers. Self charging hybrids don't really exist, unless you can find one that charges itself while parked? ;)
Not surprised by this, did a calculation for my own road use a year ago and I was by far better off to keep driving my diesel. Driving about 25-28 thousand miles a year, mostly highways. Exactly the kind of driving where ICE engines are more efficient and Electric motors are less efficient. I do think some people will really be able to get value out of this video :)
Depends on your charging arrangement. If home charging then you just plug it in over night and forget about it so you spend less actual time stuck fuelling than a petrol car visiting a petrol station
@@jamalmahroof3298 yeah i meant using public chargers. Zero time cost at home like you said but I feel like the majority of the population in the UK do not have a driveway/garage so they would rely on public chargers
@@immi7560 That is true, I don’t have a driveway and I have a Tesla Model 3 on order but personally I’m happy having to stop to charge for about 30 minutes every so often in return for both the performance and efficiency which you can’t get with a petrol car. I also have free electric charging at my workplace but of course not everyone has access to that. Of course the infrastructure will develop as electric cars take over from ICE cars so hopefully one day we’ll live in a world where wherever you end up parking you’ll have a charger not too far I.E. all car parks, workplaces etc
An EV charged at night rate of 11p per kWh works out at about £300 for 10,000 miles. What would you say your petrol 10,000 miles would cost? Hint: A LOT more!
@@djtaylorutube 14:25 Refering to the test results and comparison, owning the petrol car is roughly £2000 less to own than the electric car at 15p/kWh (before October energy price cap increase too) therefore it is cheaper to own the petrol car because the electric car has a higher purchase price which makes the monthly payment almost £200 more per month. So although you are correct in the fact that simply fueling the car is more expensive, it is then offset by the fact that the petrol car is cheaper and has a cheaper monthly payment.
@@squeakers27 Ok that's almost fair enough :) I didn't watch the video through and I agree that there's a difference in purchase price. My night rate is 11p though so should his be after the energy cap. Night rate went down from 15p. An EV makes sense over a longer period and will be cheaper without servicing. Petrol isn't going to get cheaper either, there's only one way that's going to go over the longer term. I do also accept that this will be a polarising shift, my children suffer from current high car prices, both new and old and daughter is lucky that I can keep her little old Corsa going for next to nothing, while my advice to her is that while that's the case, keep saving more towards the next vehicle. EV costs will come down though.
@@squeakers27 I've just watched it, So it's less that £6k difference over three years. I'm curious why £621 for servicing, that's a scam. Nissan did that to us when we had a Leaf and I questioned what the service entailed. "Check and fill the washer bottle" basically. Tesla have no specified service interval by comparison. So the question would be, why buy into an EV and then change in after just 3 years/30,000 miles? That's the logic fail right there as EV's are front loaded in cost. The difference in 5 year ownership turn that to charging for 50,000 miles £1500 Vs petrol £8100 at today's prices but they won't remain that, likely to increase and for every year kept thereafter, it just gets cheaper. Now it flips completely the other way.
@@djtaylorutube Yes exactly they are definitely a front loaded cost since they have a higher purchase price but are cheaper to run and own in terms of fuel and servicing. I remember watching a major service video on a leaf and all they did was check the tyres, changed the brake discs and pads, check the brake fluid, check the washer fluid and went for a test drive. That would be basic brake service on a Petrol car haha.
A really thorough review, except... I own the Corsa E, and know that the miles/kwh reading is optimistic. When it claims 3.3 m/kwh, it is really doing 2.8m/kwh. Also Octopus Go off peak is 12p per kwh, for new subscribers.
Great video. It does show electric cars are not cheap at the moment doesn't it. Also, about you saying Tesco is free to charge at, well today Tesco announced they will be charging customers soon, and the same will be the case for every supermarket. Oh, and one last thing, about the electric Vauxhall being some bits cheaper than the auto Vauxhall and the Manuel cheapest, remember the auto had 130ps where as the Manuel 100ps. That's probably what affects fuel economy and costs.
First question should be why lease a car at all but either way it would have been nice to included purchase vs lease and 3, 6, 9 year increments no make a better comparison
i was just searching this exact question the day before this video came out! I want any cheap electric car as my first car so I hope I pass my test on the 30th november!
About the distance you live from the nearest available public charger: you can always carry a foldable bike or step in your trunk, but I do understand the inconveniences.
Nice video, Not sure about insurance, but normally cost is partially related to value of the car, so electric will probably be higher. My feeling is the final (own it) payment for the electric is undervaluing the electric car by more than the petrol equivalents (many 2nd hand electric cars are selling at higher price at 6 months than they cost new, at the moment, doubt it will las long), I could be wrong, but it is the bet I have taken. There is also the additional cost of driving in London (£15 per day for petrol, currently £0 for electric), other cities have been investigating similar (congestion/pollution) charges. If you can get car as part of employment, there is no 'benefit in kind' for electric cars.
@@aaroncousins4750 There is a charge for driving in/through central (between Hammersmith and Tower Bridge, I think ) London (£15 per day), there ae some exemptions, but most drivers will pay. There are higher charges for older and diesel cars anywhere inside the inner ring road (North/South Circular road).
@@djtaylorutube Sorry you are right, BIK for Electric is currently 2%and is stated to remain at 2% for 23/24 & 24/25.. I think this assumes some actual company usage (about 200 mile in a year). 'Green' Hybrids are 23% with Normal cars 25%. Tax rules keep changing but government has stated the EV band will last 'til 25 and I believe they gave max increases over next 5 years.
It's interesting watching these videos, as i'll come into the video thinking that the EV will be vastly cheaper to run, just interested in how much, but in actual fact.. it isn't! What is a bit concerning is that the govt probably want EVs to be cheaper to run than petrol cars, and so will increase roadtax / fuel duty to make them seem more competitive. I don't see electric prices going down much. I also wonder how the govt will tax electric cars.. Might be interesting to have a video discussing that.
MY 2.0L Mazda e skyactiv x is more economical than that Corsa, on the motorway at 70 after 20 minutes I would be getting low to mid 60s to the gallon and on country roads I average around 53 mpg even shorter trips round town I don't get less than low to mid 40s so my car is definitely cheaper to run than most electric cars especially as I have no way of charging at home, this was a very interesting and informative vid I still can't see that 2030 date for the ban on sales of new ICE cars going ahead we just won't be ready by then the charging infrastructure will just not be there.
Back in 1999 I had a 89 maestro 1.3 five speed. I was working as a labourer and took 4 guys plus kit from mid Wiltshire to Battersea (petrol was around £1 per litre) filled from empty and went to London but had a few stops in slough for dubious reasons, but got to london. Did a few miles around London in the week I was there. Drove back to Wiltshire dropping off guys and after keeping all receipts it worked out my car did 60.5 mpg. I have had newish modern cars since, and none have come close to this. Even my mk1 vito Laden does 45mpg, new stuff is crap. My previous 1.9 vivaro was lucky to get 30 mpg.
I've got myself a Dacia Sandero, cost me £1500 down payment, £200 a month for 48 months, and only 5.9% interest. Service plan, 30,000 miles for 3 years was £250, and first years car tax was £185. I can average between 48 and 55mpg depending on my route. I don't think an electric car would be financially viable for me for a long time, especially at 3 times the cost per month.
I hate finance, i'd rather have a shitbox for several years as i save up for a better car to pay in full. Which is what i did, upgraded in January. Finance companies can be greedy like Stoneacre.
@@rufusgreenleaf2466 I've owned plenty of shitboxes over the years, never been lucky with them. Had enough of spending 500 quid every few months that I decided to say sod it and get a new car now that I'm in a stable job.
@@Xaid0nTT I guess the term "shitbox" was over exaggerated a little. I meant a small cheap second hand car to get me from A to B for at least 5 years and is reliable. The point i was trying to make is i would avoid my dream car for several years and just buy something small to get me from A to B. Then save up.
In Canada I drive a Leaf charge 90%+ at home 8.2 cents per kWh, the car uses 14 kWh to travel 100 km, my wife’s VW uses 8 litres per 100 km. 8 litres of fuel cost about $13 while 15 kWh would cost me less than $1.50, not even close.
It's interesting. In my country, electricity increnebly cheap. As example - 1kWh cost 2 peni, but petrol galon cost 5.22£ . It's create 30 times difference cost per mile. I bought my used nissan leaf and after 1 year use it's save me 1900 dollars vs my petrol Renault Megane. I was driving 22 000 miles in last year. When you'r servicing old car without "catastrofic" promlems - it's very cheap. I live in Ukraine, it another world with electric car.
The one thing this video makes me think is DAMN new cars are just generally expensive as hell eh? 650 per month, 700 per month... In 2019 I bought a 5 year old Fiesta Zetec S 125, a pretty decent spec car which was a lot of fun and still felt like a brand new car at end end of it despite being 8 years old by then. Even if you assume the crazy used car prices we currently have weren't a thing and say it depreciated from the 7.5k I paid to 4.5k, and include the VED (0 because pre 2016 GDI 1.0L), fuel, insurance and servicing costs, replacing a CV joint and replacing the rear suspension bushings... the total cost per month would've been around £275 per month! (200 in reality since the current used car market situation meant I could sell the car for about the same I paid for it originally...) I only did just over 10k miles in those years mind you (thanks lockdown) but still... I simply can't imagine spending that much money on a car unless it was at least a 3 series but a corsa... nothing against corsas but ...woof...
Fantastic real world statistics. Thank you for making this video. Could you please make a video on the effect that the manufacturing of electric cars is having on the planet, due to the search for rare earth metals to make EV's?
Something to consider is that comparing the electric to petrol can be comparing apples to pears. Its not just the efficiency to look at because its not like the electric car is always going to be equivalent in terms of power and range to the same models petrol engine. It could be argued that while you might pay more for running an electric car, if you had a petrol engine with the same performance you'd pay ridiculously more for petrol
@@ConquerDriving There are so many factors to consider, while both cars are built by the same company on the same platform it’s hard to do a direct comparison. Being a legacy automaker Vauxhall does not have nearly as much technological development in the EV space compared to the like of Tesla. A Tesla model 3 performance can do 0-60 in 3.1 seconds yet achieves a 300+ mile claimed range on a single charge. An equivalent petrol engine with similar performance would drink petrol like it’s nobody’s business. Just some thoughts around the whole comparison 👍🏼
I worked out that I'd have to drive 200,000 miles in an EV to break even on the purchase price of £10,000 for an EV vs keeping my current car. That's based on my current car (Toyota Aygo) that gets ~72mpg which is currently costing around 10p/mile. I reckon I could probably do about 5p/mile in an EV at my electricity rate of 35p/kwh. So 200,000 miles would cost £20,000 in my petrol and £10,000 in an EV. Although then there's probably an extra £2,000 in DIY servicing the petrol engine for 200k miles.... Maybe add an extra £300 for a clutch and £400 for a timing chain. Although I am currently on 100k miles with the original clutch. My plan is to keep this car as long as possible and then replace it with an EV when it's no longer economical to repair. I do ~14,000 miles a year and servicing costs around £100 as I do all the work myself (I service it every 5,000 miles and it usually costs ~£40 to do so). I'm hoping toyota still gives away stickers for 150k miles and 200k miles if my little Aygo manages that.
Why on earth would you pay 35p per kwh to charge an EV at home Michael? You could get that down to a 3rd of that cost on an off-peak tariff if you shopped around...... Ok, you normally only get 4 or 5 hours each night at that price, but hey, you go to bed each night anyway, so that's when you charge the car.....
Prices to use public charging also vary if you have a subscription for the charge network you want to use. A subscription can offer discounts of up to 50% on the cost. Non-subscribers pay full price of course..... Plus costs for EV drivers are lower still if they have solar at home..... And remember, the cost of fossil fuel isn't likely to remain at the same cost for the next three years, but the EV owner *can* fix his home charging costs for at least the next 12 months.......
Another thing that might be worth counting is that if your company offers a Salary Sacrifice for an EV that would cut the cost down additionally. Also home charging, You'd also have to factor in the cost of the Solar Panels, A Battery & A charger. Which would of course make it a lot more expensive but you get the convience of charging at home.
You don't actually need to buy any of those things to charge an electric car at home. All electric cars come with a wall charger, which is slow, but overnight it works fine. The solar panel and battery are optional - they'd cost more upfront, but would lower the cost of charging over time. Even then, the battery isn't strictly necessary, because it's possible to charge the car during the day (although obviously if you're using the car during the day, which most people probably would be, that's not possible.
@@alinutzalin6346 Nah that stopped earlier this year and was only available to EVs under £32k and you got £1500 back. But the car subsidy and charger subsidies have stopped.
Great video as always. Always though electric cars would be dearer tbh but what about a Hybrid petrol. My 2003 CRV Petrol only drinks E5 and I tend not to look at fuel economy. Just keep the tank over half full and top up with £10 or £20 when needed. Better than a full tank refill and you don’t get the sludge that could be in the bottom of the tank wrecking your engine.
If you've got sludge in your fuel tank I doubt the amount of fuel you have in it will make any difference. The fuel pickup point doesnt vary by the amount of fuel, if there's sludge in there it will likely be sucked up regardless.
I drive an electric car for work and as it's a company car i have no outlay for the car itself and 98% if driving is using cheap over night electricity so it works for me. One thing yourself & other reviews seem not to be aware of is that you lose 10-15% of the energy due to charging losses which is never factored in. So as an example to get 20kw of charge into the car battery you need 22.2 to 23.5kw of electricity. Good video though
It would be nice to calculate the breakeven mileages .. For me that is 25000 km/year (15625 miles)...without tax credits With 30000 km/year (and extra profit due to solar power) it's cheaper to drive an EV. In fact..driving electric from 2013-2021, including tax credits , it saved me 60000 euro's driving electric.A little more than half of that energy savings. Or the complete buying price for my current EV the ioniq 5 pr45 all options.
Very good and comprehensive video 👍 I wonder how would a 5 year old Nissan Leaf compare the cost wise to a 5 year old diesel car with a similar mileage i.e. Mazda 3 2.2 diesel.. Topic for a new video? 😉 I've got a older Focus with a diesel engine giving me 55mpg average so electric car not for me at the mo I'm afraid. They seem to for better off people at the mo.
It would seem that my car i bought in 2021 is best buy. Toyota yaris 21 plate avarage 85mpg and cost 17k buying mine tho over 5 years £330per month. Hybrid win.
The Yaris is a fantastic car, I've reviewed the Mazda 2 hybrid (same car). I also drove the Yaris around Iceland in this video: ua-cam.com/video/pY0k9bdmNTU/v-deo.html
Well considering charging a 77.8kwh battery at £0.55p per kilowatt average, that costs £42.79 for up to 250 miles of range, per charge. Petrol, costs me at £1.599 per liter as of writing this, which is 36 liters that costs me £57.56, but this gets me up to 300 miles range. Another 50 miles for only £14.77. My petrol car is a sports car so its not as economic as some at 300 bhp, it is allot cheaper to buy and insure, and it is cheaper to run, and gets more miles! As long as fuel prices do not go back up, it is cheaper overall! Filling up at a garage in 5 minutes while i grab some bread and milk, is so much easier then worrying about finding a charging point for an hour, worrying about those nasty over stay charges that sting you. Electric vehicles are also terrible when it comes to hills in the country side, you can cut your range in half due to that weight, especially in winter with lights and heating on.
Great work, there ought to be more of you around! You briefly touched on it, but in my opinion it's worth underlining that if you keep the car longer (if I recall correctly the average ownership lenght is like 8 years across the pond) the petrol car is going to get significantly more expensive to maintain because of the sheer number of components that need attention with age (gearbox, turbo if applicable, more frequent fluid changes, leaky gaskets, plastic thermostat housings near exhaust manifold, O2 sensors, valvetrain adjustments...) and the natural loss of efficiency of the ICE as carbon builds up inside. (the counter argument would be battery decay and cost of replacement, which is fair, but as technology improves is going to matter less, yet ICE technology development & reliability is reaching a plateau)
Another thing that needs to be thought about when considering electric and petrol cars is how many miles you can drive it before needing to refill/recharge. My Mum can drive almost 450 miles down the country before needing to refuel but the electric corsa only has a reported range of 209 miles (apparently its about 170 in real life), so it would require 3 recharge stops. I think electric cars have a real benefit if you are living within 40 miles of work (80 mile roundtrip) with your own charging point, so you can charge each night at your own home.
Does your Mum do the whole 450 miles without a break? Most people take a couple of coffee breaks on long runs - that's the time to charge. But, yes, it doesn't work for every one.
The thing you forgot to include in your calculation is the maintenance costs, which on average is higher with a petrol car. Having a lot more parts in a petrol car, means needing a lot more maintenance. And like you mentioned already, you don't have to use the brakes as much with an electric car because of the regenerative braking.
Corect. ICE has 2000+ moving parts. An EV has around 30....... My nearby neighbour's Hyundai Ioniq (first generation) electric didn't need it's rear brake pads renewing until 96k miles..... A service on the car at that time, still showed it's battery to be at 93% SOH (state of health)......
@@tonyjesshope6861 why would you replace the battery, if you could have it refurbished at a fraction of the cost of replacing it Tony? Cleveleys Electric Vehicles in Gloucestershire, carried out a battery pack refurbishment on a 10 year old Nissan Leaf around 3 years ago. The job took 4 hours (battery removal took 20 mins) and the total cost of the refurb was £500. Cleveleys posted a video on UA-cam of the refurb. I wish people would quit these silly battery scare stories..... It seems you never heard of battery refurbs? Oh yes, an EV battery can be repaired and refurbished, just like a worn engine can......
@@Brian-om2hhmy mother in law started sending me vids of random battery fires like the typical scare ones that are basically propaganda. And you’re totally right about the price. This was right after I bought my new Megane e-tech 100% electric (which is awesome btw) saying that I’m now part of the problem and it’s all about government control, whilst at the same time advocating to save the bees from the high amount of CO2 that’s killing them. Unfortunately it’s going to be like this and believe me having that green stripe on my number plate has almost become a target.
I am running the Mini electric and have driven 45000 miles over 2 years. Using Octopus Go i am paying less than 2p per mile. This saves me around £300 per month on fuel. I have saved an additional £1000 in servicing costs over these 2 years. The Mini Cooper SE is less than £1000 more to buy then the automatic Cooper S petrol. I am averaging 4.6 miles per kWh. I can’t afford to back to petrol lol 😂
That’s pretty high mileage though. I have a Cooper Auto that has only done 17000 in 3 years and cost me £18k to buy. Much as I like that car, there is no way the Mini Electric makes sense for me, twice the price and more expensive to run. Not sure if it was mentioned in the vid, but of course for home charging you also ideally need a driveway - my car is parked in the street. I guess I could run a cable across the footpath, but not ideal situation and even worse for those who live ins flats or other shared accommodation. I’m genuinely in favour of a switch to electric but the government need to do a lot more to make it viable for most people.
Ouch your servicing costs are higher than my 2 cars and motorbike combined. You're also failing the mention that on Octopus Go your electricity is more expensive when not off peak so its costing you more than 2p a mile.
@@del4668 in 2 years and 46000 miles I have paid a grand total of £251 on servicing. I have replaced tyres, but this costs the same as combustion cars. I am paying less than 2p per mile. Octopus Go is 7.5 pence per kWh, my car is averaging 4.6 miles per kWh, that’s 1.63 pence per mile. All my charging is done overnight on the cheap rate, it’s really easy to set the charger to do this.
A good honest and finally a sensible review with a no nonsense approach. We will need to come a long way to prove Electric is best. But no doubt the stupid people in Government etc will try and bullshit us all the way👍👍
The way I see it . I was looking for a new car . The next car would of been on credit regardless . So I was looking at £200-300 on that agreement, I spent around £150-200 on diesel due to my miles . I’m now using a cupra born ev , which ultimately works out the same cost probably less than an equivalent ICE car that cost abit less , but more expensive to run . Also the EV driving experience is so much nicer and refined over a gas equivalent car To add i had a cheap home rate of 20pkWh Yes admittedly I could buy a cheaper car or a car outright , but something that’s reliable and gives me peace of mind to cover the distance in comfort , you need to spend abit more
I've been driving around in a Kia Soul today which is a direct rival to the cupra born, there will be a video in the coming weeks on my other channel "Richard Fanders"
I don't know how it is in the UK, but I think you forgot the price of the home charger + installation. Where I'm from, you have to buy your own charger, install a higher Amp breaker etc. Does that come included with the purchase of an electric car in the UK? I think that a hybrid is the way to go right now. A Toyota Yaris hybrid is about the same money as that AT Corsa (more or less) and gets 4-4,5L/100Km with ease (I've seen reviews where it went down to 3,6L/100Km - but that was granny driving.
@@vvv435 Did some quick math. 1,5k pounds at 6L/100Km and 40L fuel tank at 1,66 pound per L on the Corsa means 22,6 full tanks or 15045 Km driven. For a Hybrid Yaris 36L tank at 4,5L/100Km it's 25,1 tanks and 20080 Km driven. A Yaris GR Sport Hybrid is 24,4k new... so that's 9k + 1,5k difference to a EV Corsa, but lets say 10k to round it up. Thats's 6024L of fuel at 1,66P/L, at 4,5L/100Km that's 133866 Km driven. EDIT: That's 83180 miles, at 3,7 ppm from his calculations that's 3077 pounds for home charging. YIKES.
I did think about the wall box charger, but I didn't include it as once you have it you will have it for a long time and will likely be used on multiple cars in the future.
One thing I've always wondered is why do cars report in miles-per-gallon in the UK, when we buy our fuel in litres. Even in the spec sheet of my car they report the fuel tank capacity in litres. Interesting video anyway thanks for taking the time to do it. I guess one aspect of this study does not take into account depreciation, the electric car might cost more to run, but will those costs be recovered when you sell it? Admittedly you cannot have a crystal ball for what prices will be like in 3 years time but, could be another interesting angle to consider.
The depreciation is taken into account as it affects the monthly payment of the Personal Contract Purchase. That's why it had a higher optional final payment if the owner wanted to keep it. As for a mix of imperial and metric, that's just how the UK is, I would prefer it to be all metric as that would be easier.
Combing over your final figures, your m/kwh is better than 20% of possible drivers,(80% of drivers will see 4 m/kwh), I can average close to 4.5 to even 6 m/kwh in city driving on 45 mph roads; On top of that, if your base cost of each car was the same the electric will be cheaper by larger margin as base cost/finance payments eat away at the saving your electric provided, thus being similar in cost of ownership to the petrol auto. This proves that starting cost and interest on financing is reason for electrics not being as valuable. this is for 3 years of ownership, It only makes sense to get a electric car on a cheaper base cost and NO FINANCING, this is truly what is costing the most, and should consider this a luxury price for switching cars every 3 years. Being smart and buying a used electric for what a similarly priced used car will show returns on investment, if cost cutting/saving on cost of owning a car is needed. also long term commitment to about 10 years is most certainly the best possible outcome of electric car ownership as electric will pay a good portion of its cost. In all I feel as though your video is misleading viewers who smartly purchase a vehicle, as those who are buying new are likely to also be paying for solar installation further reducing cost to being equivalent or cheaper than petrol will
Typically a battery electric car will be worth more second hand than a petrol or diesel so that changes the sums. At the moment 3 year old Tesla Model 3s are selling for the same price they were new.
Hi, love your video's. Please can you make a video on how to use my own car to take my son for his driving test. I have an old vauxhall astra is average condition for its age. But don't know if this will be acceptable to take for a test. Please can you make a video advising how to take own car for kids test and it's criteria. Many thanks.
I am looking for my next car at the moment.The plan is petrol then convert to lpg.Ideally looking for indirect injection engine as it will save me adound 1000 in installation
@@ConquerDriving would you be able to get hold of one and see what the outcome would be? as we went for a 22plate Corolla icon tech estate , as didnt want full electric due to having to do Somerset to Glasgow runs once a wk and the fear of having to stop and fully charge twice in a trip was a big factor! then going full petrol was a stopper too as hybrid system meant the ability to coast for free! we also think hybrid is the only proper way to go considering just how much a new battety would be for an electric car!
@@philbrownsey-hughes2793 Self charging is a lie as the car uses the petrol motor to charge the battery, hence not self charging. Getting a plug in Hybrid may be a good option if you regularly do longer journeys but if you can't charge it nightly, then not much point as the batteries dead are just dead weight and mean less mpg than a normal petrol version. Also batteries in a new EV (unless you plan on keeping the car for 10-15 years) aren't worth worrying about. They come with 8-10 year warranties as is.
One problem that isn't mentioned about electric cars in comparison to petrol is the fuel taxes,etc. The government is currently losing that tax money. Sooner or later those taxes will need to be recouped. So,electric cars may be cheaper for noe,but the tax advantage will change,and soon
In Australia where I'm from its about 18,000 AUD different in buying an EV vs Petrol version of the same car, thats after a 3000 rebate incentives from the govt LOL i hope that in 5-10 years it becomes closer so I can start thinking about owning an EV
An interesting video, but what about the emissions? How much co2 did the petrol cars emit over 30000 miles? Surely that's the prime reason for the switch to electricity? The monetary cost is whatever it will be; that depends on so many external factors (wholesale gas prices, oil company profit margins, political unrest, taxation to name a few). The cost to the environment is the only one we can directly make a positive contribution to.
Hello! In a previous video you've said that the thing you hate the most about being an instructor is having to sit all day in the car. And that got me thinking. Wouldn't you be better off investing in a car with better seats and suspension? This will put less strain on your spine.
The Leon has fantastic seats and suspension, I can sit in it all day in comfort and I have done so for many years. I was more referring to mental and physical health implications that sitting down all day for many years can cause. The body needs to move, at least mine does. Regular runs and walks help.
Sorry, but for some absurd reason you are totally confusing the issue and in fact misinforming people. I have been driving a Nissan Leaf electric for exactly two years, after trading my 1999 Honda Accord VTEC. Both cars have similar power. To make the matter very simple and clear to understand, I discovered that the Nissan leaf cost me about one third, when taking in to account similar mileage and similar speed of operation. To charge the batteries of the leaf from a home socket cost me about 18 Euro , and it will cover about 350 KM but to cover a similar distance on my Honda I used to spend about 100 Euro of premium petrol. The Honda needed two yearly service for about 350 Euro, while the Nissan Leaf doesn't need any service what so ever, with the exception of monitoring the tires air pressure, the windshield washer fluid level and possibly tire rotation every 20.000 km or there about. The insurance cost have also dropped by 50% and after 2 years the brake pads are still practically new. In total sincerity my Leaf cost me no more than a third operating expenses than the Honda I used to drive. If we take in account resale value, longevity, reliability and safety, probably the Nissan again will come on top. The batteries probably are going to last me as long as a ICE motor which I estimate in the 10 to 12 years time span.
I purchased a used BMW i3 EV a year ago for £17k, charge ar 5p per kwh octopus off peak the car is now worth £20k in fuel it cost me 1.5p per mile so cost for me for the year is 10,000 miles so for the year it has cost me £150 so i am £2850 in pocket yes i have made a big profit by owning this car... by the way EV have far less depreciation so on this test you would be much better of with an EV...
The key takeaway I see in this analysis is how much the leasing company rips you off. £40k total for a £33k car? Ouch.
That's why i will never finance a car. I see it every day, 18 year olds passing their test then throwing themselves straight into financing a £20,000 car which the finance company sees as a brilliant opportunity to rip them off. "yeah it's £20,000 but you'll be paying £28,500 in total. Thank you very much."
@@rufusgreenleaf2466 Yet people are so much more accepting of mortgages when you still pay a big sum of interest in monetary terms. Paying 28k over X years instead of paying a lump sum of 20k could be the difference between affording the car you want or not. So can see it from both perspectives
@@jamalmahroof3298 I think the difference is the majority of people don’t have 300-400k laying around for a house unless it’s your 3rd or 4th property we’re cars majority can afford to spend outright 40k.
i guess you dont own a house.
@@ar12. execpt the house once paid off is worth more than the intrest you paid to the bank, the car once paid off is worth a third of what you paid for it.
This is great! Really helpful to see an honest, well organised and well researched video on this. Thanks!
This channel is amazing and this is the kind of comparisons I love. I was actually only debating this with someone who didn't understand the mathematics behind working out which is more economical simply. Great work
So which one is more economical ?
@@FofXequalsYnot depends where you need to get your electricity from overall it's the petrol
@@nostalgiachannel318 thanks🙏🏾
That was a brilliant and thorough comparison. Thank you for all the work you put into this.
Remember EVs have a much higher resale value, so with this test you would be a lot better of with an EV....and octopus go is 5p per kwh of peak at home so 1.5p per mile making the EV a no brainer....
I love the effort you put into editing your videos, the chapters you put on youtube are also super useful and make sharing and returning to your videos that bit easier. :)
Really interesting video analysis. It shows that even "cheap" electric cars are not so economical as people perceive them to be. I will stick with my petrol versions at least until 2030s.
Hiii passed my test today for the first time with 5 minors just wanted to say a big thanks, all your videos helped me so much!
That's fantastic news! Thank you for watching and congratulations on passing!
Just passed my test first time with only 2 minors, just wanted to say thank you! I'll definitely be sure to rewatch the more advanced videos about toe n heel now :)
That's fantastic to hear, thank you for watching and congratulations on passing!
What I like about this channel is that you do simple and well thought out, real-world testing.
Wow, that hurts guys, I’m sorry to hear that. In the northeast US where gas is already cheaper, I pay 20-25 cents per kWh if I have to pay at all in public, and charging at home is of course has a lower cost than 20 cents (49p is currently 56c). I also got both state and federal tax credits for buying a phev car so purchase price was cheaper than a gas-only car. Hope the energy problems in the UK turn around soon. :(
US people can drive a v8 still and be fine, where here driving anything that's older and bigger engine than 1.4 will starve you.
lpg conversion helps tho.
@@alinutzalin6346 Yes, the US and Europe are completely different worlds as far as automobiles go. Here in the US, bigger cars and SUV's/light trucks are the norm. The Big three (GM, Ford, and Chrysler) don't even make cars anymore, they just make SUV's and light trucks. The Japanese automakers have even been phasing out the subcompact segment, because nobody buys them. For example, you can no longer buy a Toyota Yaris or a Honda Fit (Jazz) in the US. You'd have to get a Corolla or a Civic.
What’s an American doing on a YT channel that teaches British people how to drive? Just asking btw
@@aliyaf9869 I started watching this channel a couple years, when I bought a brand new car with a manual transmission, a 2020 Corolla. The vast majority of driving schools in the US do not teach how to drive a manual, and there are none in my city that do. So, watching UA-cam videos, specifically this channel, is how I learned to operate my manual car. I got my driver's license in 2005, but my prior experience was only with automatics. US driver's licenses do not distinguish between a manual or an automatic transmission.
@@hamsterama Driving a manual now that you've got experience through auto should be quite easy.
Also the fact that US traffic and streets are so much better than UK.
UK streets are not updated, they're meant for the most part, to be used by horse carriages. Since we don't have abundance in land, everything is narrow.
Hi Richard, thanks for your many informative videos here.
I think I watched everyone of them and passed FIRST TIME, two weeks ago today!
That's fantastic news! Thank you for watching and congratulations on passing!
Brill! Just saved me a monstrous spreadsheet and a days driving. Many thanks!
Worth a note is free charging at work, my workplace offers free charging buuuut there are only 4 spots available for 200 employees, maybe of wich 2/4 or 3/4 drive to work. I dont have the money for a new car but my mom is happy when I use hers to drive to work, since whe owns an EV. My gas car is a bit of a guzzler too so win win. But it's really difficult to see which is cheaper, and very dependent on how you live, where you live and your driving style. As always, great video!
Well I just went from my 2012 Alfa Romeo giulietta to a brand new Renault Megane 100% Electric and with having a wall box installed, I’ve already started saving. I know it’s an unfair comparison considering the age of the Alfa and the added costs MOT’s, replacements etc it was a money pit. With the Megane I don’t drive it every single day at its maximum range so when I’m at somewhere like Tesco or my local shopping park, I’ll top up occasionally if needed. Not to mention I’ve got two subscriptions with the local providers so I get a reduced rate on the 130kw rapid. My choice to go electric was a no brainer as I’m looking towards the future and the Megane is an awesome car. It’s actually more sporty than my Alfa and for sure more suitable for my personal needs. I get the nervousness going that way, but once you do it’s actually a cool experience.
Love your videos. Always so interesting to watch
After passing my test my husband got me a lovely electric car and I absolutely love it!! Would never drive a petrol car after experiencing fully electric. We have installed our own charging point at home so it’s ridiculously cheap to run it. It’s only positives from me 😊
Great scinetific experiments love your work, keep rhis kind of content going, really good job on the way of taking measuerements and the experiment's parameters, that are made clear.
Well explained and informative video. I was actually surprised how close the costs are for the EV after only 30k miles. Considering you're spending £9K more for the EV it almost pays that back over just 30k miles. If you do 12-15k a year or keep the car longer you start saving loads more with the EV over the petrol option especially as higher mileage petrol engines will get more expensive to service.
The other thing I can't help wondering is how many people really calculate the total cost of ownership when buying a car. I understand that it's the best way to do it but in my own experience of owning cars I'd choose a model I like and then add things like paint and optional extras to configure the car at a price level I felt happy with paying each month. I'd then deal with the running costs as a separate thing that forms part of general living expenses. This why owning an EV feels like your saving so much money even if you've had to pay more for it in the first place.
until the battery dies then its 15k to replace
That’s about as likely as needing a new engine which would cost the same. EV batteries are not the same as phone batteries!
new engine is 5k or less, all batteries degrade rapidly over years@@PaulJoy
@@EazyDuz18 Degrade yes, they don't all need replacement. Expected useful lifetime is around 200,000 miles without any servicing of the battery. Compare that to an engine!
my toyota has done 250k with nothing but oil changes, if it were a EV id have paid £20000 for a new battery! Can get a whole new petrol car for that money, madness@@PaulJoy
that means eletric car still more expensive, but it's fair. Petrol engine is so mature
As long as you assume petrol prices stay the same for the next 3 years. I get some of my electricity for my car from my solar panels. The cost of sunshine hasn't increased in millions of years....
I’m surprised there’s no grands for EVs in GB.
Here in Germany, I got almost 10k€ of subsidies.
Also, I have few free chargers next to my apartment.
On top of that, my insurance dropped down by more than a half.
And I sell my unused CO2 emissions for ~400€/year.
If not grands, I would never ever consider to buy a brand new car
Grants wee reduced then removed about 1 year ago.😪😪
There was but to be honest, it just let's the vendor artificially set a higher price so that they can then offer the same as a discount via grant!
This is a great video and I really appreciate the time and effort you've gone to to work through the subject matter. However, I have some real world experience of this. I'm an ADI and I use an all electric car for my business. I've had the car for just over 12 months now. I always charge at home at night. I've done just under 30,000 miles this year. According to my own calculations I've saved over £3,000 in running costs, compared with my previous learner car.
I'm not disputing the work you've done or the results you've come up with, but my own take-away from all this is that everyone needs to do their own calculations based on their own circumstances to discover how it affects them.
One last comment, for me, even if a petrol alternative was cheaper I would still opt to drive an EV. I just prefer it a lot. I'm never going back to petrol.
Of course an individual's circumstances has a great affect. Three years and 10,000 miles is about average for someone who buys a new car. 30k miles in a year is a tiny fraction of people, albeit I'm not far off that.
What I learnt was average was 6k or 8k but most get insurance for 10k anyway, it 35p for me but as calculated same price 24hr is cheaper than having a night time price, also I worked out fuel to electric on vehicle I looked at be 2k or more saving on electric a year (I plan to only charge at home and keep vehicle until scrapyard, the 2k based on going 50 miles a day for 5 years on how much I save per year
Great piece of work! Thank you!
This is an amazing approach. Other channels just vent an opinion. It would be nice to make more comparisons: compare cost of hydrogen car, what is total cost of an e-car if you charge via solar cells plus home battery.
I drive an LPG car. Would be really interesting to see a comparison with this type. Even more so the rare petrol hybrid LPG.
I have one of these, 2012 Chevy Spark
Unrelated to the post but I passed my test 1st time today with 3 minors! Thank you so much for these videos was a massive help ☺️
That's fantastic news! Thank you for watching and congratulations on passing!
Great vid. I bet the comparison is even more stark when you look at very expensive EVs compared to combustion equivalents. Imagine how much cheaper a Taycan must be to run versus a comparable V8 Panamera…even better if you can put it through your own company!
This is one of the best comparison videos I've seen, but it omits two very important aspects. First, the running costs of the EV are greatly influenced by ambient temperature - this test was in October which was unusually warm for the time of year. If the test is done on a freezing cold, wet January day, the EV results will be very different. Second, I don't think the cost of a home charger has been included, which really needs to be taken into account when coming up with home charging costs - I know some people do home charge without them, but it's not very satisfactory. Cost of a home charger is about £1,000. Finally - it's great to see someone actually signal properly at roundabouts! lol
To be fair weather affects petrol engines also, albeit more on short journeys. I deliberately omitted the home wall box because it will last for years for many cars, although I should have mentioned it.
@@ConquerDriving Fair points. Bear in mind cold weather can knock a good third off the m/kWh of the EV (I know from bitter experience - lol) - I don't think it knocks that off an ICE car. Great video - very thorough, look forward to more.
Turn signals at roundabouts are usually optional for BMW drivers.
Why would you pay more in winter? What happens is battery capacity gets lower. That doesnt mean you use more energy. Most EVs retain a lot of capacity because of heating up the battery before using it. This gives you more miles per charge even in winter.
The battery capacity loss/heating depends a lot on which car you are talking about.
@@mesaber86 Yes - to some extent it does depend on the car. But it doesn't alter the fact that 8 hours of overnight charge in winter will get about a third less miles than in the summer than in the winter, even though it is taking the same number of kWh's, but at the same charging cost - because the car is less efficient. Hence, more expenive. It pretty much applies to all EV's, it's just less so with pre-heating batteries - or so they claim, but I haven't seen the figures on that.
We are running a Tesla model Y. We are using about 240 watts per mile average. We are on a tariff with Octopus Energy and the charge for off-peak charging is 7.5 pence per mile. This equates to less than 2 pence per mile. We used to have a petrol car which did an average of 36 MPG and, at £1.65 per litre, this worked out at about 20 pence per mile.
It seems the problem with electric cars is when drivers do not have the ability to charge at home and are getting charged high prices for electricity from public chargers - AND are paying 20% VAT on that electricity whereas we only pay 5% VAT at home.
Would love to see the video about why new cars have gone up in price Richard! Thus was a great video too as always:)
3 reasons
1. BREXIT
2. Covid
3. Inflation
@@MichaelDoran23 Lockdowns nothing to do with Covid. You also emit all the ever tightening government and emissions regulations cars face as well the sensors and technology being crammed into them 95% of which is not needed or wanted. Also the cash for scrap schemes dealers ran where they would give 4k for an old banger and then scrap it taking older cars off the road and ruining the used market.
@Gravemind I gave you my correct answer, Brexit, covid and Inflation. Don't know what your responding too. But my answer is valid.
I didn't mention lockdowns
@@MichaelDoran23 Covid has nothing to do with it it was lockdowns that caused problems not Covid.
@@gravemind6536 but covid caused global lockdowns ?
The day after you posted this Tesco started charging 28p per kWh at their 7kW units.
I've had 5 EVs since 2013 and initially you could get cheap deals, IE I bought a Nissan LEAF Acenta+ unused pre registration in December 2015 at only £12995 (including the battery). My last EV was a Kia eNiro at £30+k. Being both retired now having that expensive car for only ~3-4000 miles a year wasn't economical and luckily due to the silly high used car prices I sold it greater than I paid for it. We've now got a 6 month old Kia Picanto XLine AMT (Auto) costing ~£15k and currently getting up to 58mpg, averaging about 52mpg. I love EVs with their driving style and zero emissions but the industry instead of ending production of small ICE and mainly building larger SUVs to maximise their profits, need to also build small city EVs similar to the triplet compliance cars from Seat, Skoda and VW. The Chinese can see this and will introduce these soon at affordable prices. If Kia did an electric Picanto style version we would definitely consider this but not if they were ~£10k more expensive than the ICE version.
You have produced a good comparison video for the many who are considering the switch.
Regarding 0 emissions: unfortunately, that is true only if you have your own solar panels. In any other scenario electricity you are using is mostly from fossil fuels (~80% in average as far as I remember). So final figures of how much your car damaged an environment are better for the most 'traditional' engines.
And here I am not even touching Li battery production and recycling problem.
@@Nepuniket Depends where you live :P
I like the layered comparison of petrol/electricity consumption per traffic situation - maybe you should have carried that into the cost per kWh calculation - applying a higher share of home charging for urban traffic and a higher share of rapid charging for motorway use.
That would have made much clearer that using am EV for long motorway trips is very expensive whereas it's pretty good in congested areas, especially if you can charge it at your home (which I can't do because I'm living in a flat and don't have a garage with a charging device).
Why does a charger have to be in a garage? Mine's bolted to the outside wall of my house......
@@Brian-om2hh Do you always find a parking space next to the house where you are living?
Most city dwellers don't - and my flat is on the 3rd floor (4th in US currency), so I'd have to spread an extension cable over 50 to 400 metres, possibly crossing up to 3 streets, depending on where I find a spot to park my car.
Unfortunately the new UK price cap for electricity from October is 34p/kWh, so suddenly the electric car is even more expensive to run. I realise night time rates may be lower, but price rises still seem inevitable at this point.
That said for higher mileage users electric still may make sense, but for low mileage the high purchase price is an issue.
night time driving electric cars also kills the battery! my wifes electric car does 36miles less at night than day driving and she hates the car!
My tariff is 7.5p at night.
I reckon I'm saving at least £100 a month on fuel compared to my petrol car.
If you can charge at home it's an absolute no brainer.
@@philbrownsey-hughes2793 Something wrong there, unless it has halogen lights all round and she likes the heater on and it's a resistive heater? No way will LED lighting alone degrade the range to that extent so it's a bit of a generalized statement.
@@djtaylorutube but its not just lights running! you got the heater and with the weather were having wipers too! my hybrid is outdoing her car by a country mile , this is why i have asked them to test out a self charging hybrid to see which is the best way to go out of the three types of car!
@@philbrownsey-hughes2793 I did mention the heater but that's not specific to nighttime. Is it a resistive element heater and not a heat pump?
You can remove windscreen wiper usage but putting RainX or equivalent on the windscreen, won't need wipers.
Self charging hybrids don't really exist, unless you can find one that charges itself while parked? ;)
Not surprised by this, did a calculation for my own road use a year ago and I was by far better off to keep driving my diesel. Driving about 25-28 thousand miles a year, mostly highways. Exactly the kind of driving where ICE engines are more efficient and Electric motors are less efficient. I do think some people will really be able to get value out of this video :)
There’s also the time cost of charging an electric car. Would be interesting to see how many hours you would spend charging over the three years
Depends on your charging arrangement. If home charging then you just plug it in over night and forget about it so you spend less actual time stuck fuelling than a petrol car visiting a petrol station
@@jamalmahroof3298 yeah i meant using public chargers. Zero time cost at home like you said but I feel like the majority of the population in the UK do not have a driveway/garage so they would rely on public chargers
enough for your hair to go grey lmao
@@immi7560 That is true, I don’t have a driveway and I have a Tesla Model 3 on order but personally I’m happy having to stop to charge for about 30 minutes every so often in return for both the performance and efficiency which you can’t get with a petrol car. I also have free electric charging at my workplace but of course not everyone has access to that. Of course the infrastructure will develop as electric cars take over from ICE cars so hopefully one day we’ll live in a world where wherever you end up parking you’ll have a charger not too far I.E. all car parks, workplaces etc
@@jamalmahroof3298 teslas are great because you get access to their supercharger network. Hope you enjoy the car! 👍
its great because i have the vauxhall corsa ultimate 1.2 petrol and i can safely say its far cheaper to drive then the electric version
An EV charged at night rate of 11p per kWh works out at about £300 for 10,000 miles. What would you say your petrol 10,000 miles would cost? Hint: A LOT more!
@@djtaylorutube 14:25 Refering to the test results and comparison, owning the petrol car is roughly £2000 less to own than the electric car at 15p/kWh (before October energy price cap increase too) therefore it is cheaper to own the petrol car because the electric car has a higher purchase price which makes the monthly payment almost £200 more per month. So although you are correct in the fact that simply fueling the car is more expensive, it is then offset by the fact that the petrol car is cheaper and has a cheaper monthly payment.
@@squeakers27 Ok that's almost fair enough :) I didn't watch the video through and I agree that there's a difference in purchase price. My night rate is 11p though so should his be after the energy cap. Night rate went down from 15p.
An EV makes sense over a longer period and will be cheaper without servicing. Petrol isn't going to get cheaper either, there's only one way that's going to go over the longer term.
I do also accept that this will be a polarising shift, my children suffer from current high car prices, both new and old and daughter is lucky that I can keep her little old Corsa going for next to nothing, while my advice to her is that while that's the case, keep saving more towards the next vehicle.
EV costs will come down though.
@@squeakers27 I've just watched it, So it's less that £6k difference over three years. I'm curious why £621 for servicing, that's a scam. Nissan did that to us when we had a Leaf and I questioned what the service entailed. "Check and fill the washer bottle" basically. Tesla have no specified service interval by comparison.
So the question would be, why buy into an EV and then change in after just 3 years/30,000 miles? That's the logic fail right there as EV's are front loaded in cost. The difference in 5 year ownership turn that to charging for 50,000 miles £1500 Vs petrol £8100 at today's prices but they won't remain that, likely to increase and for every year kept thereafter, it just gets cheaper.
Now it flips completely the other way.
@@djtaylorutube Yes exactly they are definitely a front loaded cost since they have a higher purchase price but are cheaper to run and own in terms of fuel and servicing.
I remember watching a major service video on a leaf and all they did was check the tyres, changed the brake discs and pads, check the brake fluid, check the washer fluid and went for a test drive. That would be basic brake service on a Petrol car haha.
A really thorough review, except... I own the Corsa E, and know that the miles/kwh reading is optimistic. When it claims 3.3 m/kwh, it is really doing 2.8m/kwh. Also Octopus Go off peak is 12p per kwh, for new subscribers.
Great video. It does show electric cars are not cheap at the moment doesn't it. Also, about you saying Tesco is free to charge at, well today Tesco announced they will be charging customers soon, and the same will be the case for every supermarket. Oh, and one last thing, about the electric Vauxhall being some bits cheaper than the auto Vauxhall and the Manuel cheapest, remember the auto had 130ps where as the Manuel 100ps. That's probably what affects fuel economy and costs.
Great video!
First question should be why lease a car at all but either way it would have been nice to included purchase vs lease and 3, 6, 9 year increments no make a better comparison
i was just searching this exact question the day before this video came out! I want any cheap electric car as my first car so I hope I pass my test on the 30th november!
Good luck with your test!
About the distance you live from the nearest available public charger: you can always carry a foldable bike or step in your trunk, but I do understand the inconveniences.
I used to have a Skoda Octavia from underwoods and can agree the sales and service departments were excellent
I couldn't fault my local Skoda dealer when I had my 4 Skodas either. Good cars....
Interesting to see similar diesel and hybrid cars. My assumption is they will show even better figures in regards of price per mile/km.
Great video
Nice video,
Not sure about insurance, but normally cost is partially related to value of the car, so electric will probably be higher.
My feeling is the final (own it) payment for the electric is undervaluing the electric car by more than the petrol equivalents (many 2nd hand electric cars are selling at higher price at 6 months than they cost new, at the moment, doubt it will las long), I could be wrong, but it is the bet I have taken.
There is also the additional cost of driving in London (£15 per day for petrol, currently £0 for electric), other cities have been investigating similar (congestion/pollution) charges.
If you can get car as part of employment, there is no 'benefit in kind' for electric cars.
15 per day?? You mean if you live in london your charges 15 per day just to drive to your house?!
@@aaroncousins4750 There is a charge for driving in/through central (between Hammersmith and Tower Bridge, I think ) London (£15 per day), there ae some exemptions, but most drivers will pay. There are higher charges for older and diesel cars anywhere inside the inner ring road (North/South Circular road).
Not quite, there is a BIK but it's very low to be almost negligible. It will go up of course.
@@djtaylorutube Sorry you are right, BIK for Electric is currently 2%and is stated to remain at 2% for 23/24 & 24/25..
I think this assumes some actual company usage (about 200 mile in a year).
'Green' Hybrids are 23% with Normal cars 25%.
Tax rules keep changing but government has stated the EV band will last 'til 25 and I believe they gave max increases over next 5 years.
@@stephenlee5929 Don't forget many companies also offer salary sacrifice schemes for EVs which a lot of people can benefit from.
thank you for recommendation👍
It's interesting watching these videos, as i'll come into the video thinking that the EV will be vastly cheaper to run, just interested in how much, but in actual fact.. it isn't!
What is a bit concerning is that the govt probably want EVs to be cheaper to run than petrol cars, and so will increase roadtax / fuel duty to make them seem more competitive. I don't see electric prices going down much.
I also wonder how the govt will tax electric cars.. Might be interesting to have a video discussing that.
MY 2.0L Mazda e skyactiv x is more economical than that Corsa, on the motorway at 70 after 20 minutes I would be getting low to mid 60s to the gallon and on country roads I average around 53 mpg even shorter trips round town I don't get less than low to mid 40s so my car is definitely cheaper to run than most electric cars especially as I have no way of charging at home, this was a very interesting and informative vid I still can't see that 2030 date for the ban on sales of new ICE cars going ahead we just won't be ready by then the charging infrastructure will just not be there.
That's very impressive from the Skyactiv X engine. I'm yet to properly test one at 70mph.
Back in 1999 I had a 89 maestro 1.3 five speed. I was working as a labourer and took 4 guys plus kit from mid Wiltshire to Battersea (petrol was around £1 per litre) filled from empty and went to London but had a few stops in slough for dubious reasons, but got to london.
Did a few miles around London in the week I was there.
Drove back to Wiltshire dropping off guys and after keeping all receipts it worked out my car did 60.5 mpg.
I have had newish modern cars since, and none have come close to this.
Even my mk1 vito Laden does 45mpg, new stuff is crap.
My previous 1.9 vivaro was lucky to get 30 mpg.
Only can’t buy time so in an emergency, charging may not help in an electric car, so it’s always good to have a good mix of both cars if possible
I've got myself a Dacia Sandero, cost me £1500 down payment, £200 a month for 48 months, and only 5.9% interest. Service plan, 30,000 miles for 3 years was £250, and first years car tax was £185. I can average between 48 and 55mpg depending on my route. I don't think an electric car would be financially viable for me for a long time, especially at 3 times the cost per month.
what would be the cash price equivalent, and was this a brand new sandero?
@@fintan. cash was 13500 plus change, and yeah, brand new. Final payment is 5k, or I can refinance if needed.
I hate finance, i'd rather have a shitbox for several years as i save up for a better car to pay in full. Which is what i did, upgraded in January. Finance companies can be greedy like Stoneacre.
@@rufusgreenleaf2466 I've owned plenty of shitboxes over the years, never been lucky with them. Had enough of spending 500 quid every few months that I decided to say sod it and get a new car now that I'm in a stable job.
@@Xaid0nTT I guess the term "shitbox" was over exaggerated a little. I meant a small cheap second hand car to get me from A to B for at least 5 years and is reliable.
The point i was trying to make is i would avoid my dream car for several years and just buy something small to get me from A to B. Then save up.
I rather Diesel personally
All very well now , wait until next march when the cap on electricity prices finish , good luck then .
In Canada I drive a Leaf charge 90%+ at home 8.2 cents per kWh, the car uses 14 kWh to travel 100 km, my wife’s VW uses 8 litres per 100 km. 8 litres of fuel cost about $13 while 15 kWh would cost me less than $1.50, not even close.
Great timing with the gov announcing they’re scrapping 0 rate tax for EVs just two weeks after you made this 😂
😂
It's interesting.
In my country, electricity increnebly cheap. As example - 1kWh cost 2 peni, but petrol galon cost 5.22£ . It's create 30 times difference cost per mile. I bought my used nissan leaf and after 1 year use it's save me 1900 dollars vs my petrol Renault Megane. I was driving 22 000 miles in last year. When you'r servicing old car without "catastrofic" promlems - it's very cheap.
I live in Ukraine, it another world with electric car.
The one thing this video makes me think is DAMN new cars are just generally expensive as hell eh? 650 per month, 700 per month... In 2019 I bought a 5 year old Fiesta Zetec S 125, a pretty decent spec car which was a lot of fun and still felt like a brand new car at end end of it despite being 8 years old by then. Even if you assume the crazy used car prices we currently have weren't a thing and say it depreciated from the 7.5k I paid to 4.5k, and include the VED (0 because pre 2016 GDI 1.0L), fuel, insurance and servicing costs, replacing a CV joint and replacing the rear suspension bushings... the total cost per month would've been around £275 per month! (200 in reality since the current used car market situation meant I could sell the car for about the same I paid for it originally...) I only did just over 10k miles in those years mind you (thanks lockdown) but still... I simply can't imagine spending that much money on a car unless it was at least a 3 series but a corsa... nothing against corsas but ...woof...
Fantastic real world statistics. Thank you for making this video. Could you please make a video on the effect that the manufacturing of electric cars is having on the planet, due to the search for rare earth metals to make EV's?
Thank you. I may do in the future.
Something to consider is that comparing the electric to petrol can be comparing apples to pears. Its not just the efficiency to look at because its not like the electric car is always going to be equivalent in terms of power and range to the same models petrol engine. It could be argued that while you might pay more for running an electric car, if you had a petrol engine with the same performance you'd pay ridiculously more for petrol
The automatic I compared is similar albeit acceleration in the electric corsa is a bit better than the auto petrol.
@@ConquerDriving There are so many factors to consider, while both cars are built by the same company on the same platform it’s hard to do a direct comparison. Being a legacy automaker Vauxhall does not have nearly as much technological development in the EV space compared to the like of Tesla. A Tesla model 3 performance can do 0-60 in 3.1 seconds yet achieves a 300+ mile claimed range on a single charge. An equivalent petrol engine with similar performance would drink petrol like it’s nobody’s business. Just some thoughts around the whole comparison 👍🏼
Tbh, i am surprised, never expected this outcome:) so what new Honda is doing could be better for ownership, use fuel to charge batteries
It seems like you need both of these cars, electric for round town and petrol for out of town. I'm off to my local Vauxhall dealer to buy them now.
😂
I worked out that I'd have to drive 200,000 miles in an EV to break even on the purchase price of £10,000 for an EV vs keeping my current car. That's based on my current car (Toyota Aygo) that gets ~72mpg which is currently costing around 10p/mile. I reckon I could probably do about 5p/mile in an EV at my electricity rate of 35p/kwh. So 200,000 miles would cost £20,000 in my petrol and £10,000 in an EV. Although then there's probably an extra £2,000 in DIY servicing the petrol engine for 200k miles.... Maybe add an extra £300 for a clutch and £400 for a timing chain. Although I am currently on 100k miles with the original clutch.
My plan is to keep this car as long as possible and then replace it with an EV when it's no longer economical to repair. I do ~14,000 miles a year and servicing costs around £100 as I do all the work myself (I service it every 5,000 miles and it usually costs ~£40 to do so). I'm hoping toyota still gives away stickers for 150k miles and 200k miles if my little Aygo manages that.
Why on earth would you pay 35p per kwh to charge an EV at home Michael? You could get that down to a 3rd of that cost on an off-peak tariff if you shopped around...... Ok, you normally only get 4 or 5 hours each night at that price, but hey, you go to bed each night anyway, so that's when you charge the car.....
Prices to use public charging also vary if you have a subscription for the charge network you want to use. A subscription can offer discounts of up to 50% on the cost. Non-subscribers pay full price of course..... Plus costs for EV drivers are lower still if they have solar at home..... And remember, the cost of fossil fuel isn't likely to remain at the same cost for the next three years, but the EV owner *can* fix his home charging costs for at least the next 12 months.......
Brilliant!
Another thing that might be worth counting is that if your company offers a Salary Sacrifice for an EV that would cut the cost down additionally.
Also home charging, You'd also have to factor in the cost of the Solar Panels, A Battery & A charger. Which would of course make it a lot more expensive but you get the convience of charging at home.
A very good point, especially because benefit in kind tax is much lower on EVs
Pretty much why I got an EV.
You don't actually need to buy any of those things to charge an electric car at home. All electric cars come with a wall charger, which is slow, but overnight it works fine. The solar panel and battery are optional - they'd cost more upfront, but would lower the cost of charging over time. Even then, the battery isn't strictly necessary, because it's possible to charge the car during the day (although obviously if you're using the car during the day, which most people probably would be, that's not possible.
There's this thing in UK that we have when we buy electric cars, and it's already cut into the sale of the car, it's been done by the government.
@@alinutzalin6346 Nah that stopped earlier this year and was only available to EVs under £32k and you got £1500 back. But the car subsidy and charger subsidies have stopped.
Great video as always. Always though electric cars would be dearer tbh but what about a Hybrid petrol. My 2003 CRV Petrol only drinks E5 and I tend not to look at fuel economy. Just keep the tank over half full and top up with £10 or £20 when needed. Better than a full tank refill and you don’t get the sludge that could be in the bottom of the tank wrecking your engine.
If you've got sludge in your fuel tank I doubt the amount of fuel you have in it will make any difference. The fuel pickup point doesnt vary by the amount of fuel, if there's sludge in there it will likely be sucked up regardless.
Open up your fuel tank, bet you it's as clean as a whistle. Also there is a filter in there, sludge simply doesn't exist in a fuel tank. Just a myth.
I drive an electric car for work and as it's a company car i have no outlay for the car itself and 98% if driving is using cheap over night electricity so it works for me. One thing yourself & other reviews seem not to be aware of is that you lose 10-15% of the energy due to charging losses which is never factored in. So as an example to get 20kw of charge into the car battery you need 22.2 to 23.5kw of electricity. Good video though
Yeah, I didn't think of that. I'm surprised it's a 10-15% loss.
It would be nice to calculate the breakeven mileages ..
For me that is 25000 km/year (15625 miles)...without tax credits
With 30000 km/year (and extra profit due to solar power) it's cheaper to drive an EV.
In fact..driving electric from 2013-2021, including tax credits , it saved me 60000 euro's driving electric.A little more than half of that energy savings.
Or the complete buying price for my current EV the ioniq 5 pr45 all options.
Very good and comprehensive video 👍
I wonder how would a 5 year old Nissan Leaf compare the cost wise to a 5 year old diesel car with a similar mileage i.e. Mazda 3 2.2 diesel..
Topic for a new video? 😉
I've got a older Focus with a diesel engine giving me 55mpg average so electric car not for me at the mo I'm afraid. They seem to for better off people at the mo.
It would seem that my car i bought in 2021 is best buy. Toyota yaris 21 plate avarage 85mpg and cost 17k buying mine tho over 5 years £330per month. Hybrid win.
The Yaris is a fantastic car, I've reviewed the Mazda 2 hybrid (same car). I also drove the Yaris around Iceland in this video: ua-cam.com/video/pY0k9bdmNTU/v-deo.html
I haven’t found my 1.25 fiesta economical. Only 250 miles to a tank from full
Well considering charging a 77.8kwh battery at £0.55p per kilowatt average, that costs £42.79 for up to 250 miles of range, per charge.
Petrol, costs me at £1.599 per liter as of writing this, which is 36 liters that costs me £57.56, but this gets me up to 300 miles range. Another 50 miles for only £14.77.
My petrol car is a sports car so its not as economic as some at 300 bhp, it is allot cheaper to buy and insure, and it is cheaper to run, and gets more miles! As long as fuel prices do not go back up, it is cheaper overall! Filling up at a garage in 5 minutes while i grab some bread and milk, is so much easier then worrying about finding a charging point for an hour, worrying about those nasty over stay charges that sting you. Electric vehicles are also terrible when it comes to hills in the country side, you can cut your range in half due to that weight, especially in winter with lights and heating on.
my ev cost me 1.5p per mile in fuel...... obviously you have never driven a electric, they have much more torque, i don't notice hills....
Great work, there ought to be more of you around! You briefly touched on it, but in my opinion it's worth underlining that if you keep the car longer (if I recall correctly the average ownership lenght is like 8 years across the pond) the petrol car is going to get significantly more expensive to maintain because of the sheer number of components that need attention with age (gearbox, turbo if applicable, more frequent fluid changes, leaky gaskets, plastic thermostat housings near exhaust manifold, O2 sensors, valvetrain adjustments...) and the natural loss of efficiency of the ICE as carbon builds up inside. (the counter argument would be battery decay and cost of replacement, which is fair, but as technology improves is going to matter less, yet ICE technology development & reliability is reaching a plateau)
Another thing that needs to be thought about when considering electric and petrol cars is how many miles you can drive it before needing to refill/recharge.
My Mum can drive almost 450 miles down the country before needing to refuel but the electric corsa only has a reported range of 209 miles (apparently its about 170 in real life), so it would require 3 recharge stops.
I think electric cars have a real benefit if you are living within 40 miles of work (80 mile roundtrip) with your own charging point, so you can charge each night at your own home.
Yeah, that seems to be the case. And if I remember Richard's numbers correctly, city driving was the most economical for the electric vaux.
Does your Mum do the whole 450 miles without a break? Most people take a couple of coffee breaks on long runs - that's the time to charge. But, yes, it doesn't work for every one.
Your mum drives 450 miles in one go without stops? Total BS.
Lifetime of the car...
Must count
1. Double insurance
2. 35% higher purchase
3. Battery Replacement
4. High electricity costs
5. High Depreciation
The thing you forgot to include in your calculation is the maintenance costs, which on average is higher with a petrol car. Having a lot more parts in a petrol car, means needing a lot more maintenance. And like you mentioned already, you don't have to use the brakes as much with an electric car because of the regenerative braking.
You will probably be rethinking that statement when you eventually have to replace the battery at a cost of £15k.
I did include servicing.
Corect. ICE has 2000+ moving parts. An EV has around 30....... My nearby neighbour's Hyundai Ioniq (first generation) electric didn't need it's rear brake pads renewing until 96k miles..... A service on the car at that time, still showed it's battery to be at 93% SOH (state of health)......
@@tonyjesshope6861 why would you replace the battery, if you could have it refurbished at a fraction of the cost of replacing it Tony? Cleveleys Electric Vehicles in Gloucestershire, carried out a battery pack refurbishment on a 10 year old Nissan Leaf around 3 years ago. The job took 4 hours (battery removal took 20 mins) and the total cost of the refurb was £500. Cleveleys posted a video on UA-cam of the refurb. I wish people would quit these silly battery scare stories..... It seems you never heard of battery refurbs? Oh yes, an EV battery can be repaired and refurbished, just like a worn engine can......
@@Brian-om2hhmy mother in law started sending me vids of random battery fires like the typical scare ones that are basically propaganda. And you’re totally right about the price. This was right after I bought my new Megane e-tech 100% electric (which is awesome btw) saying that I’m now part of the problem and it’s all about government control, whilst at the same time advocating to save the bees from the high amount of CO2 that’s killing them. Unfortunately it’s going to be like this and believe me having that green stripe on my number plate has almost become a target.
Car prices video would be interesting
I am running the Mini electric and have driven 45000 miles over 2 years. Using Octopus Go i am paying less than 2p per mile. This saves me around £300 per month on fuel. I have saved an additional £1000 in servicing costs over these 2 years. The Mini Cooper SE is less than £1000 more to buy then the automatic Cooper S petrol. I am averaging 4.6 miles per kWh. I can’t afford to back to petrol lol 😂
That’s pretty high mileage though. I have a Cooper Auto that has only done 17000 in 3 years and cost me £18k to buy. Much as I like that car, there is no way the Mini Electric makes sense for me, twice the price and more expensive to run.
Not sure if it was mentioned in the vid, but of course for home charging you also ideally need a driveway - my car is parked in the street. I guess I could run a cable across the footpath, but not ideal situation and even worse for those who live ins flats or other shared accommodation.
I’m genuinely in favour of a switch to electric but the government need to do a lot more to make it viable for most people.
Electric cars make sense for many auto driving instructors.
How much longer do you think Octopus will give you that cheap rate?
Ouch your servicing costs are higher than my 2 cars and motorbike combined. You're also failing the mention that on Octopus Go your electricity is more expensive when not off peak so its costing you more than 2p a mile.
@@del4668 in 2 years and 46000 miles I have paid a grand total of £251 on servicing. I have replaced tyres, but this costs the same as combustion cars. I am paying less than 2p per mile. Octopus Go is 7.5 pence per kWh, my car is averaging 4.6 miles per kWh, that’s 1.63 pence per mile. All my charging is done overnight on the cheap rate, it’s really easy to set the charger to do this.
A good honest and finally a sensible review with a no nonsense approach.
We will need to come a long way to prove Electric is best.
But no doubt the stupid people in Government etc will try and bullshit us all the way👍👍
The way I see it . I was looking for a new car . The next car would of been on credit regardless . So I was looking at £200-300 on that agreement, I spent around £150-200 on diesel due to my miles .
I’m now using a cupra born ev , which ultimately works out the same cost probably less than an equivalent ICE car that cost abit less , but more expensive to run .
Also the EV driving experience is so much nicer and refined over a gas equivalent car
To add i had a cheap home rate of 20pkWh
Yes admittedly I could buy a cheaper car or a car outright , but something that’s reliable and gives me peace of mind to cover the distance in comfort , you need to spend abit more
I've been driving around in a Kia Soul today which is a direct rival to the cupra born, there will be a video in the coming weeks on my other channel "Richard Fanders"
I don't know how it is in the UK, but I think you forgot the price of the home charger + installation. Where I'm from, you have to buy your own charger, install a higher Amp breaker etc. Does that come included with the purchase of an electric car in the UK? I think that a hybrid is the way to go right now. A Toyota Yaris hybrid is about the same money as that AT Corsa (more or less) and gets 4-4,5L/100Km with ease (I've seen reviews where it went down to 3,6L/100Km - but that was granny driving.
Home chargers cost roughly 1.5K, but the overall saving is huge when charging at home.
@@vvv435 Did some quick math. 1,5k pounds at 6L/100Km and 40L fuel tank at 1,66 pound per L on the Corsa means 22,6 full tanks or 15045 Km driven.
For a Hybrid Yaris 36L tank at 4,5L/100Km it's 25,1 tanks and 20080 Km driven. A Yaris GR Sport Hybrid is 24,4k new... so that's 9k + 1,5k difference to a EV Corsa, but lets say 10k to round it up. Thats's 6024L of fuel at 1,66P/L, at 4,5L/100Km that's 133866 Km driven.
EDIT: That's 83180 miles, at 3,7 ppm from his calculations that's 3077 pounds for home charging. YIKES.
I got mine fitted free here in the UK when government was offering them.
I did think about the wall box charger, but I didn't include it as once you have it you will have it for a long time and will likely be used on multiple cars in the future.
@@ConquerDriving Huh? That makes no sense. Poor reasoning imo.
One thing I've always wondered is why do cars report in miles-per-gallon in the UK, when we buy our fuel in litres. Even in the spec sheet of my car they report the fuel tank capacity in litres.
Interesting video anyway thanks for taking the time to do it. I guess one aspect of this study does not take into account depreciation, the electric car might cost more to run, but will those costs be recovered when you sell it? Admittedly you cannot have a crystal ball for what prices will be like in 3 years time but, could be another interesting angle to consider.
The depreciation is taken into account as it affects the monthly payment of the Personal Contract Purchase. That's why it had a higher optional final payment if the owner wanted to keep it. As for a mix of imperial and metric, that's just how the UK is, I would prefer it to be all metric as that would be easier.
The EV was far far cheaper to run!!!!!
All he showed was that a higher loan costs more, £6732 more in 3 years.
Excellent job done👍
Combing over your final figures, your m/kwh is better than 20% of possible drivers,(80% of drivers will see 4 m/kwh), I can average close to 4.5 to even 6 m/kwh in city driving on 45 mph roads; On top of that, if your base cost of each car was the same the electric will be cheaper by larger margin as base cost/finance payments eat away at the saving your electric provided, thus being similar in cost of ownership to the petrol auto. This proves that starting cost and interest on financing is reason for electrics not being as valuable. this is for 3 years of ownership, It only makes sense to get a electric car on a cheaper base cost and NO FINANCING, this is truly what is costing the most, and should consider this a luxury price for switching cars every 3 years. Being smart and buying a used electric for what a similarly priced used car will show returns on investment, if cost cutting/saving on cost of owning a car is needed. also long term commitment to about 10 years is most certainly the best possible outcome of electric car ownership as electric will pay a good portion of its cost.
In all I feel as though your video is misleading viewers who smartly purchase a vehicle, as those who are buying new are likely to also be paying for solar installation further reducing cost to being equivalent or cheaper than petrol will
Typically a battery electric car will be worth more second hand than a petrol or diesel so that changes the sums. At the moment 3 year old Tesla Model 3s are selling for the same price they were new.
Hi, love your video's. Please can you make a video on how to use my own car to take my son for his driving test. I have an old vauxhall astra is average condition for its age. But don't know if this will be acceptable to take for a test. Please can you make a video advising how to take own car for kids test and it's criteria. Many thanks.
This video may help: ua-cam.com/video/ftOQIDaCEmk/v-deo.html
Hi Richard I have a question. Getting a car with a known category does it increase insurance premiums
It's may do, different insurance underwriters will treat it in different ways.
1 or 1.2L engine fueled with LPG i think is better option
I am looking for my next car at the moment.The plan is petrol then convert to lpg.Ideally looking for indirect injection engine as it will save me adound 1000 in installation
This is all good! but why didnt you do a brand of car that also has self charging hybrid? as would be VERY interested in that outcome!
I don't think there is a car that's available as all three. Hyundai Ionic comes close but I don't believe that is available as a non hybrid petrol.
@@ConquerDriving would you be able to get hold of one and see what the outcome would be? as we went for a 22plate Corolla icon tech estate , as didnt want full electric due to having to do Somerset to Glasgow runs once a wk and the fear of having to stop and fully charge twice in a trip was a big factor! then going full petrol was a stopper too as hybrid system meant the ability to coast for free! we also think hybrid is the only proper way to go considering just how much a new battety would be for an electric car!
@@philbrownsey-hughes2793 Self charging is a lie as the car uses the petrol motor to charge the battery, hence not self charging. Getting a plug in Hybrid may be a good option if you regularly do longer journeys but if you can't charge it nightly, then not much point as the batteries dead are just dead weight and mean less mpg than a normal petrol version. Also batteries in a new EV (unless you plan on keeping the car for 10-15 years) aren't worth worrying about. They come with 8-10 year warranties as is.
I could not imagine paying 400 monthly for a Vauxhall Corsa, thats insane
You can get a cheap octopus energy night time tariff at half the cost
One problem that isn't mentioned about electric cars in comparison to petrol is the fuel taxes,etc. The government is currently losing that tax money. Sooner or later those taxes will need to be recouped. So,electric cars may be cheaper for noe,but the tax advantage will change,and soon
Good show but. You forgot to factor in the cost of a wall charger at least 1500 pounds makes a big difference to the price,
That's true, it was deliberate because they last for years. I think my friend paid less than £500 for one.
In Australia where I'm from its about 18,000 AUD different in buying an EV vs Petrol version of the same car, thats after a 3000 rebate incentives from the govt LOL i hope that in 5-10 years it becomes closer so I can start thinking about owning an EV
better off using the money to buy solar than buying a new car
An interesting video, but what about the emissions? How much co2 did the petrol cars emit over 30000 miles? Surely that's the prime reason for the switch to electricity? The monetary cost is whatever it will be; that depends on so many external factors (wholesale gas prices, oil company profit margins, political unrest, taxation to name a few). The cost to the environment is the only one we can directly make a positive contribution to.
Hello!
In a previous video you've said that the thing you hate the most about being an instructor is having to sit all day in the car.
And that got me thinking. Wouldn't you be better off investing in a car with better seats and suspension? This will put less strain on your spine.
The Leon has fantastic seats and suspension, I can sit in it all day in comfort and I have done so for many years. I was more referring to mental and physical health implications that sitting down all day for many years can cause. The body needs to move, at least mine does. Regular runs and walks help.
Sorry, but for some absurd reason you are totally confusing the issue and in fact misinforming people. I have been driving a Nissan Leaf electric for exactly two years, after trading my 1999 Honda Accord VTEC. Both cars have similar power. To make the matter very simple and clear to understand, I discovered that the Nissan leaf cost me about one third, when taking in to account similar mileage and similar speed of operation. To charge the batteries of the leaf from a home socket cost me about 18 Euro , and it will cover about 350 KM but to cover a similar distance on my Honda I used to spend about 100 Euro of premium petrol. The Honda needed two yearly service for about 350 Euro, while the Nissan Leaf doesn't need any service what so ever, with the exception of monitoring the tires air pressure, the windshield washer fluid level and possibly tire rotation every 20.000 km or there about. The insurance cost have also dropped by 50% and after 2 years the brake pads are still practically new. In total sincerity my Leaf cost me no more than a third operating expenses than the Honda I used to drive. If we take in account resale value, longevity, reliability and safety, probably the Nissan again will come on top. The batteries probably are going to last me as long as a ICE motor which I estimate in the 10 to 12 years time span.
Thanks for the summary but doesn't the residual value of the car after 3 years play a significant part in the overall cost ?
If you keep it yes, the majority of people who buy new trade it in for another new car so don't pay the final payment.
Hey richard could you link the camera mount you use for your main camera? Looking to get one myself and yours seems to be very steady.
It's a delkin gecko
I purchased a used BMW i3 EV a year ago for £17k, charge ar 5p per kwh octopus off peak the car is now worth £20k
in fuel it cost me 1.5p per mile so cost for me for the year is 10,000 miles so for the year it has cost me £150 so i am £2850 in pocket yes i have made a big profit by owning this car...
by the way EV have far less depreciation so on this test you would be much better of with an EV...