Did you factor in that you own the car after 60 months?
Did you factor in that you own the car after 60 months?
Yeah, I'm trying to either buy a car outright over 5 years and end up with an asset, I could then either continue to use the car and save lots of money or trade against a newer model. Problem is with the pace that things are moving at, I'm thinking of possibly going for a 2 or 3 year PCP and then upgrading. But here's some rough figures (feel free to correct any mistakes I may have made) for buying a ZE40 with one year warranty left against a Leaf 30, I realise the Leaf 30 doesn't have the range of the Zoe but it's range would be fine for me.
ZE40 - 1st year @£267 p/m 2-5 @£282 p/m = £16,740. This would then be worth maybe £5,000 so a cost of £11,740 over 5 years.
Leaf 30 - £11k @ £207 p/m for 5 years = £12,420. Car value maybe £4,000, so cost of £8420 over 5 years.
And if I kept my C-Max 2.0 Diesel and ran it for 5 years (fuel, road tax and maintenance), I've calculated that would cost me £10800. So adding electricity and maintenance I'd be even with the Leaf after 5 years.