Most Economical Modern Car, EV or Petrol?

samfisher5986 on 20/02/2023 - 10:39

My reliable 2004 Mazda 2 has become too expensive to maintain and I'm planning to replace it at some point this year.

I'm basically looking for the best value car from something at least from 2018, however based on current car prices it seems like a new car could be a great option.

I've played around with the NSW total cost of ownership tool but it seems lacking in terms of car types available and the maintenance costs for electric cars seem inflated, either that or its taking the battery replacement into account?

With the MG4 electric estimated to be $40000-45000, and a Kia Rio petrol going for $25500, I'm wondering if electric could actually be the best option over a 10 year period? Especially with the QLD $3000 EV rebate and it seems that benefits for electric cars like lower registration renewal seems to be whats happening going forward.

The actual cost doesn't seem clear to me so I was hoping others would have more experience.

Automotive Car Mazda

Comments

        • hothed on 22/02/2023 - 11:14

          Thanks Pete. The reviews didnt sound too salty at all ;)

  • Sinnerator on 21/02/2023 - 09:01
    -4

    Short / Med / Long term depreciation, those batteries are not cheap to replace. And what about when elon drops the price 10% overnight?
    Child Slavery costs in manufacturing, lithium doesn't dig itself.
    Damage to the environment costs in manufacturing, once again lithium doesn't wash itself. Fossil fuels are not innocent either.
    Difficulty to get the thing fixed costs, who can acutally fix your EV?
    Warranty costs when elon twitters you to eff off when you go in for a warranty claim.

    Electricity prices going up.
    Cost of a taxi/tow truck when your EV runs out of charge. Can't just walk to a servo and get a fuel can.

    Yeah, fossil fuel cars are almost as evil as EV cars, and probably no less no more economical when ALL THINGS are taken into account. Would like to see an actual non-biased analysis of the true costs and it wouldn't surprise me if fossil fuel cars are actually a little more economical.

    And Kia Hyundai are crap, and treat their customers like dog vomit when they make a warranty claim - see world wide class actions for engine problems over the last 10 years.

    • samfisher5986 on 21/02/2023 - 09:29
      +2

      You seem quite biased as well… if you are stupid enough to run out of electricity in your EV you will probably do the same in your petrol car.

      The facts are very clear that electricity and maintenance are insanely lower, no need to do the maths for that.

      The question is does it save enough money and what is the future of cars.

  • Bystander on 21/02/2023 - 11:24

    At cAUD$20,000 I want this electric car. Probably a couple of years before they're available here though.

    • samfisher5986 on 21/02/2023 - 11:27
      -1

      limited to 45 km/h, can't even drive it on a standard road!

      • Euphemistic on 21/02/2023 - 14:08

        Well, you can drive it on the roads, it’ll just be slower than a lot of other cars. Maybe fine in the inner city traffic. Not going to be great on arterial roads. The speed limit is a max, not a minimum.

        • samfisher5986 on 21/02/2023 - 15:42

          In my opinion driving slower then everyone else is a safety risk.

          • Euphemistic on 21/02/2023 - 18:38

            @samfisher5986: That’s your opinion. Would I pick a car that can only go 45? Nope, don’t see the point. Do I ride a bicycle on roads significantly slower than motorised traffic? Yes.

            Seen those postie e-trikes? Limited to 40, but they do OK. Ever seen a tractor headed off to mow the local park? Wide loads? Plenty of things on the road that don’t match the posted limit. They are only a hazard to useless drivers. Unfortunately, there’s too many of them.

            • samfisher5986 on 21/02/2023 - 19:53

              @Euphemistic: Bicycles are often in accidents many involving death

              e-trikes are covered in high visibility and aren't on the road that often.

              A tractor can probably withstand getting hit by a car.

      • Bystander on 21/02/2023 - 20:16

        On both of those links I'm reading 90 km/h.
        Range = 230km.

  • Hjshakenwin on 21/02/2023 - 17:47

    The BYD dolphin might be worth a look/wait. Pricing should be coming out for the next few months. should be around mid-30k similar to a corolla, but with patrol and servicing savings.

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