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[tunnie]

A few months ago, our company EV scheme when from "worth considering" to taking the piss.

Not that it really matters, as an EV in these parts is going to be some way off.  Its quite telling that a lot of the houses that have had a charging point fitted no longer have TVs....

What changed? I've found prices can vary considerably. Our provider is LEX who appear one of the more pricey options.

VW ID Buzz in September was £400 cheaper gross deduct than it is today....

Depends on their stock, what they want to get shot of at the time. So I'm watching prices rise and fall

[TheBoy]

A few months ago, our company EV scheme when from "worth considering" to taking the piss.

Not that it really matters, as an EV in these parts is going to be some way off.  Its quite telling that a lot of the houses that have had a charging point fitted no longer have TVs....

What changed? I've found prices can vary considerably. Our provider is LEX who appear one of the more pricey options.

VW ID Buzz in September was £400 cheaper gross deduct than it is today....

Depends on their stock, what they want to get shot of at the time. So I'm watching prices rise and fall

Last year, some crappy Merc was around £200, and an iPace or Tesla was around £400.  Last time I looked, you couldn't even get that 40 mile range Citroen thing for £200

Lemme have another look/

[Marks DTM Calib]

A few months ago, our company EV scheme when from "worth considering" to taking the piss.

Not that it really matters, as an EV in these parts is going to be some way off.  Its quite telling that a lot of the houses that have had a charging point fitted no longer have TVs....

What changed? I've found prices can vary considerably. Our provider is LEX who appear one of the more pricey options.

VW ID Buzz in September was £400 cheaper gross deduct than it is today....

Depends on their stock, what they want to get shot of at the time. So I'm watching prices rise and fall

Second hand values is what is driving the price more than anything

[TheBoy]

So cheapest on our scheme is from £231, Citroen Ami.  No iPaces obviously. Tesla Model 3 is from £500. model Y from £620

All those limited to 10k pa, and for 36 months.  The site is not updating right, so cant see how knocking up to 15k pa affects it.

Provider is Arval.

[tunnie]

We can put in any miles we want PA, but all leases are 3 years. It gives an updated price on the fly as you change the mileage.

Model Y, RWD is around £400 for me, but I'm saving additional amounts due to tax savings, but their calculator is not accurate.

BMW i5 Touring, various packs + active suspension is coming in at around £475/m of 15k pa.

Now LEX is actually looking cheap!

[TheBoy]

but I'm saving additional amounts due to tax savings

I currently use other tax avoidance techniques to save Rachel from accounts from blowing it on the lame and lazy, so my figures were based on 20% savings.  Let me check on 40%

[TheBoy]

So at 40%, that shitroen is £190, Model 3 £426, Model Y £526, and to compare to yours, i5 touring is £554 for 250kW eDrive40 Sport with 84kWh batt with no selected options.

[TheBoy]

Oh, the mileage calc has started to work.  That same beemer option with 15k pa, 36 months is £602.

So, seems your scheme is currently more reasonable.  But given how 2nd hand EV prices have dived, as Mr DTM says, that's likely to make EV leasing expensive.  It could also be that LEX have managed to pick up some unwanted EVs from the manufacturer at a good price.

[tunnie]

I think the schemes are very close, I save an additional 20% due to the 60% trap. So for my calculation:

Take the gross per month and x 12.
Then work out 40% of that
Then divide that by 12, gives the true cost to me.

[TheBoy]

You may have opportunities to avoid that, either via this scheme, or other avoidance schemes, or more likely, a combination.

[TheBoy]

Not something I have to worry about this year, as I'm that "minority of managers" in the company that ain't seeing any rise, just like everyone else I know in the company.

Lying bastards.

[Field Marshal Dr. Opti]

Perhaps I'm old school but other than my house, and a Yamaha RD250 I owned when dinosaurs still roamed the earth, nothing has been mortgaged, rented, leased, HP'd or PCP'ed.

I'm not sure I like the idea of 'renting' a car for 3 or 4 years then handing it back and starting all over again.

Perhaps I'm wrong.

[Field Marshal Dr. Opti]

but I'm saving additional amounts due to tax savings

I currently use other tax avoidance techniques to save Rachel from accounts from blowing it on the lame and lazy, so my figures were based on 20% savings.  Let me check on 40%

You're never going to become a Labour MP with talk like this.

[TheBoy]

Perhaps I'm old school but other than my house, and a Yamaha RD250 I owned when dinosaurs still roamed the earth, nothing has been mortgaged, rented, leased, HP'd or PCP'ed.

I'm not sure I like the idea of 'renting' a car for 3 or 4 years then handing it back and starting all over again.

Perhaps I'm wrong.

Some of these schemes are ok, assuming no initial upfront cost.

For eg, Bro had some Merc S Classes over the years, and was paying around £700 a month for them over 2 years.  The value after 2 years was around £50k, so thats £35k of depreciation had he bought it, or around £16k in lease payments if he leased instead....

[Sir Tigger KC]

These figures you guys are bandying around are making my head hurt!