Electric Cars- more expensive?

cardiff eagle 28 Aug 22 7.17am
I have a electric car on order (from last year!!) as before the cost of living stuff all kicked off, it was going to be far cheaper over the year to run. Now the rates are just going up and up, I’m seeing articles saying that actually petrol/diesel will be cheaper or at least the same cost. I’m able to cancel my order with no penalty so am tempted to on that basis as can just keep my current car, not incur cost of a new car and if there’s no savings to be had then don’t see the point. Anyone on here know anything about this? Are the news headlines just the typical scaremongering or are they actually true?
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cardiff eagle

28 Aug 22 7.17am

I have a electric car on order (from last year!!) as before the cost of living stuff all kicked off, it was going to be far cheaper over the year to run. Now the rates are just going up and up, I’m seeing articles saying that actually petrol/diesel will be cheaper or at least the same cost.

I’m able to cancel my order with no penalty so am tempted to on that basis as can just keep my current car, not incur cost of a new car and if there’s no savings to be had then don’t see the point.

Anyone on here know anything about this? Are the news headlines just the typical scaremongering or are they actually true?

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Palace Old Geezer Midhurst 28 Aug 22 9.01am
Expert opinion suggests that it will become more expensive to run an electric car from October. But, a lot depends on how efficient your existing car is and your typical annual mileage. It is expected that electricity prices will come down....eventually, and very likely that petrol/diesel prices will increase. I'm no expert cardiff, but there could be a case for delaying your car swap until the economy (and the world) returns to a more settled state. Of course, it may not, and that's the dilemma we're all facing right now. Dad and I watched games standing on the muddy slope of the Holmesdale Road end. He cheered and I rattled.
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Palace Old Geezer

Midhurst 28 Aug 22 9.01am

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Expert opinion suggests that it will become more expensive to run an electric car from October.

But, a lot depends on how efficient your existing car is and your typical annual mileage. It is expected that electricity prices will come down....eventually, and very likely that petrol/diesel prices will increase.

I'm no expert cardiff, but there could be a case for delaying your car swap until the economy (and the world) returns to a more settled state. Of course, it may not, and that's the dilemma we're all facing right now.

Dad and I watched games standing on the muddy slope of the Holmesdale Road end. He cheered and I rattled.

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Dubai Eagle 28 Aug 22 9.43am
Its very much a what's your personal circumstances type of conundrum - but from a personal perspective - if your existing jalopy owes you nothing (its fully paid for) then stay with it - Now is not the time for non essential large purchases (unless you have deep pockets) the economy is on a rollercoaster & who knows how bad its going to get - There is a national shortage of new cars so in many ways the dealer will probably be pleased if you cancel the order, then they can sell the same car to someone else on the waiting list for more money & that's not even touched on the current / future running costs / diesel / electric comparison - Just my tuppence worth -
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Dubai Eagle

28 Aug 22 9.43am

Its very much a what's your personal circumstances type of conundrum - but from a personal perspective - if your existing jalopy owes you nothing (its fully paid for) then stay with it -

Now is not the time for non essential large purchases (unless you have deep pockets) the economy is on a rollercoaster & who knows how bad its going to get -

There is a national shortage of new cars so in many ways the dealer will probably be pleased if you cancel the order, then they can sell the same car to someone else on the waiting list for more money & that's not even touched on the current / future running costs / diesel / electric comparison -

Just my tuppence worth -

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Forest Hillbilly in a hidey-hole 28 Aug 22 11.36am
Originally posted by Dubai Eagle Its very much a what's your personal circumstances type of conundrum - but from a personal perspective - if your existing jalopy owes you nothing (its fully paid for) then stay with it - Now is not the time for non essential large purchases (unless you have deep pockets) the economy is on a rollercoaster & who knows how bad its going to get - There is a national shortage of new cars so in many ways the dealer will probably be pleased if you cancel the order, then they can sell the same car to someone else on the waiting list for more money & that's not even touched on the current / future running costs / diesel / electric comparison - Just my tuppence worth - IN BOLD summarises the best. Electric cars are still quite a few years away from being significantly better/cheaper than petrol/diesel. They are still bringing out better/efficient models on a monthly basis, so personally I'd wait quite a bit longer before going electric. "The facts have changed", Rishi Sunak
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Forest Hillbilly

in a hidey-hole 28 Aug 22 11.36am

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Originally posted by Dubai Eagle

Its very much a what's your personal circumstances type of conundrum - but from a personal perspective - if your existing jalopy owes you nothing (its fully paid for) then stay with it -

Now is not the time for non essential large purchases (unless you have deep pockets) the economy is on a rollercoaster & who knows how bad its going to get -

There is a national shortage of new cars so in many ways the dealer will probably be pleased if you cancel the order, then they can sell the same car to someone else on the waiting list for more money & that's not even touched on the current / future running costs / diesel / electric comparison -

Just my tuppence worth -

IN BOLD summarises the best. Electric cars are still quite a few years away from being significantly better/cheaper than petrol/diesel. They are still bringing out better/efficient models on a monthly basis, so personally I'd wait quite a bit longer before going electric.

"The facts have changed", Rishi Sunak

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