- Oct 12, 2022
- 2,694
Electric cars as cheap as petrol? Like I said, my running costs incuding depreciation are about £2500 per year. Could I buy and run a second hand electric vehicle for that?
A slightly disingenuous ask, because your combustion engine car didn’t cost £0 to buy, but as a matter of fact, yes.
Here’s your car for £1000, with very little further depreciation to go:
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On the Octopus Go tariff for your home electricity, charging 8.5p/kWh your 8000 miles cost (at 3.5 miles per kWh) is 2286 kWh required. This gives a total fuel cost of £194.31.
Total cost £1194.31. You’ve saved over £1300, and you owe me a pint.
Edit: If you’re going to tell me you can’t charge at home, the Sutcliffe Street car park (or Westgate, or Bank Parade) in Burnley will see you right, but your fuel costs rise dramatically to £1234.44. Still cheaper than your combustion engine vehicle though. And you still owe me a pint.
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