New Kia EV van

So because i am posted to Germany, i can buy a new car VAT free. Thats how i got my T6.1, as some used vans have VAT on them, so i got it VAT exempt.

What i am kicking myself about a bit, is that i could have bought a brand new top spec EV5 for the price i paid for my T6.1 with 60k on it! But then, which one will depreciate more? The EV5 i think like most EVs will drop in value sharply, not so with the T6.1
 
Ha it is a good perk - i do admit, when i first sat in it, and its a basic van with alot of work needed.... thinking what the hell have i done, instead of getting a new car! But then, it will hold value much better...
 
The PV5 will depreciate obviously as it's a commercial vehicle and importantly not a VW which is very much the exception to the laws of physics.
However coming in at bugger all plus VAT for the PV5 means that depreciation, which is always, a similar %, will make the actual numbers less catastrophic.
An interesting one to watch will be the new wetbelt VW Transit to look for continuity in the Transporter premium although even that result will be smeared with the uptake of EV vans in general where fossil fuel is increasingly shown as the less reliable, let alone finite and accordingly more expensive commodity. 🤔
Thousands of edits, just woke up and it's already 33C, home, starting tomorrow.
 
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I'd have one tomorrow if they had a decent range, but winter driving on motorways would probably have a range closer to 100 miles than Kia would admit.
 
Mine is an 18 month lease so zero deprecation
Or service costs .
But also 18 months of payments with nothing to show at the end of it, so while you've not endured depreciation your wallet still gets mugged at knifepoint.

Not that theres anything wrong with that at all if you can afford it and the arrangement suits you, but theres no free lunch with vehicles. You get bent over one way or another.
 
But also 18 months of payments with nothing to show at the end of it, so while you've not endured depreciation your wallet still gets mugged at knifepoint.

Not that theres anything wrong with that at all if you can afford it and the arrangement suits you, but theres no free lunch with vehicles. You get bent over one way or another.
It's a work van ,tax deductible we save a fortune on Diesel it's all win
 
Depreciation on a company owned vehicle is tax deductible as a capital allowance.

But it is very much what suits you. Your clients might prefer a shiny van outside their house - my SiL buys outright and 3 or 4 years down the line still has a functioning asset that doesn't cost him anything, leaving him £££s a month better off as hes not making lease payments, and he can claim against the depreciation. However, his van works hard and even at 4 years old it isnt a pretty sight - your clients might not be impressed with that outside!

I'd have one tomorrow if they had a decent range, but winter driving on motorways would probably have a range closer to 100 miles than Kia would admit.
As a fairly long term EV family we've found that a very steady 60-65 is very frugal, but venture to 70 and the consumption of electrons rises noticeably. If Chris keeps it 5 below the limit, which hardly a hardship, it should acquit itself well.
 
As a EV owner and a T6 owner I'm fully aware of what aerodynamics and temperature can do to both a ICE and a EV in terms of range, and the Kia doesn't look like Concorde does it. Our Skoda is supposed to do 260 in the summer, but in reality on the motorway that's more like 210, and in the winter, more like 150. Fortunately its really my wife's run around and works fine for her, but as I say, I'd jump at the chance of a van type vehicle with a decent range and I am hoping Kia may listen and put the big battery from the EV9 in this thing.
 
As a EV owner and a T6 owner I'm fully aware of what aerodynamics and temperature can do to both a ICE and a EV in terms of range, and the Kia doesn't look like Concorde does it. Our Skoda is supposed to do 260 in the summer, but in reality on the motorway that's more like 210, and in the winter, more like 150. Fortunately its really my wife's run around and works fine for her, but as I say, I'd jump at the chance of a van type vehicle with a decent range and I am hoping Kia may listen and put the big battery from the EV9 in this thing.
It looks like it was designed to get 3 in a 40’ container.
 
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Depreciation on a company owned vehicle is tax deductible as a capital allowance.

But it is very much what suits you. Your clients might prefer a shiny van outside their house - my SiL buys outright and 3 or 4 years down the line still has a functioning asset that doesn't cost him anything, leaving him £££s a month better off as hes not making lease payments, and he can claim against the depreciation. However, his van works hard and even at 4 years old it isnt a pretty sight - your clients might not be impressed with that outside!
On the other hand, laying out the money to purchase a vehicle uses up working capital that could be making more money.
 
I've got a PV5 as well, it's a great van and a very useful size and thoughtfully designed. However I find the ADAS a total distraction and just enforces that I will be taking my T6.1 to the grave!
 
As a EV owner and a T6 owner I'm fully aware of what aerodynamics and temperature can do to both a ICE and a EV in terms of range, and the Kia doesn't look like Concorde does it. Our Skoda is supposed to do 260 in the summer, but in reality on the motorway that's more like 210, and in the winter, more like 150. Fortunately its really my wife's run around and works fine for her, but as I say, I'd jump at the chance of a van type vehicle with a decent range and I am hoping Kia may listen and put the big battery from the EV9 in this thing.
Sloda need to up their game - 50 miles is nudging a 20% loss of range. Our old BYD never suffered anything like that range reduction in winter. We caught the tail end of winter in the EX40 and that never suffers to that extent either - the GoM is claiming about 295 now, and about 270 in January when we received it.

I don't recall how the MG or Mini before them fared as I didn't use them much, but not remotely close to either a 50 mile or 20% loss.

Vans arent always intuitive when it comes to aerodynamics. Shape-for-shape large vehicles are easier to make aerodynamic than smaller ones. Heck, the 6.1 has a drag coefficient of 0.33, barely worse than a cooking mk6 Golf at 0.32.
 
My 7 Yr old BMW i3s loses around 20% in winter, but I'm reasonably happy with that. Winters up here are on the colder side of cold with significant wind chills.
 
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