> The results reveal that the cost of insuring these electric cars is indeed higher, but the difference is not as substantial as the headlines would suggest. The EV was actually cheaper to cover for one of our drivers.
Your £160/month on fuel over 2 years is £3,840. An EV charged on octopus would be at least a quarter of that, maybe less. So let’s say £960 - almost a £3k difference.
You can absolutely get second hand EVs for £11k - this seems to be at odds with your statement about low resale values too. The low residuals angle is being pushed hard at the moment but when I go looking all I see is standard depreciation on new vehicles.
The “burn forever” thing seems to be getting pushed a LOT lately too. Strange when they are 20x less likely to catch fire in the first place and car fires are already pretty rare. https://thedriven.io/2023/05/16/petrol-and-diesel-cars-20-ti...