The cabin has a lot of advanced technology to enjoy and you will even see that this car does not have any wing mirrors. Why you should wait until next year to buy a car to avoid diesel taxes – and electric cars will be EVERYWHERE by 2021. Are you already too old to be a successful entrepreneur? Should I buy an electric car now or wait? If you are on the lookout for a premium electric vehicle, then you do not have to look any further than BMW. Today, there are more than 315,000 plug-in cars registered in the UK, with the registration of pure electric vehicles in the first six months of 2020 up 86% compared to 2019. If you live in a rural area, waiting for the local authority to put a charger in every lamp post could take forever. These cars may be better for the environment but it surprises many people to learn that there are reasons why you shouldn’t buy a fancy new electric car. All this in addition to a simple, straightforward fee structure for the services they provide. Well, now there is the VW e-Golf, that’s very environmentally friendly. For urban driving, the Golf is a popular car on the road. The time it takes to charge the battery is coming down, the range of an electric car is going up, more mass-market models are going electric and more public charging points are being built. This is one of the most popular EVs on the road and for a good reason. Once you own an EV (electric vehicle) the running costs are low (Source: podpoint). It can take a while to charge, but it can also do nearly 300 miles. Plug-in hybrids can travel further using only electric power than conventional hybrids, although not as far as pure electric cars (Battery Electric Vehicle or BEVs). Of course, all electric means no emissions and a lot of fun. Now you can do your part for the environment while saving yourself some money. Hybrids and PHEVs could cost up to 20% more than a conventional car, so shop around carefully. The government gets huge tax revenues from fuel taxes, so early adopters may be on the wrong side of the tax argument. Larger cities are considering clean-air zones. Electric cars are on the road to a record sales year, according to a … Their electric-only range is typically in the 30- to 40-mile distance. Now, buying an electric car is a real option for a large number of UK motorists. Discover whether time is still on your side. Who knows when, or if, the tipping point will be reached? It is practical and the right size for travelling around town. If you’ve been paying any attention to the headlines recently, you might think that now is a better time than ever to ditch gas-powered cars in favor of all-electric. The current choice of electric cars is limited. Where does the electricity come from that charges your electric car? Plus, the style looks cool too! This means that you can do your bit for the environment while still traveling like you usually do. Perhaps It’s Time to Consider an Electric Car. You should receive a text containing a link to download our app shortly. Apply for finance on an electric car Brands from Volkswagen to Jaguar and Kia now offer a selection of hybrid, plug-in hybrid and electric cars across a range of prices. The Hyundai Kona Electric. Here are seven good reasons for buying a new EV next month/year: 1. If most of your driving consists of short, local trips, the electric motor does all the work. This is great for a road trip. They cause pollution that can create harmful air, which can also affect our health. contact one of our experienced financial planners here. What’s a PHEV? This can be a relief when your car goes in for a service. The final option is the all-electric one. You can simply charge them at home and you will be ready to go. There’s the … Once you have confirmed your email address we will send you a voucher code for 10% off. This is a four-seater car that is still comfortable and high-tech on the inside. It is time to enjoy better air quality around the city! Your heart may make the choice, but your head will have to figure out how to fund it later on. During acceleration, when fossil-fuel consumption is high, the electric battery can save you money. Older readers who had video recorders at home will remember the contest between Betamax and VHS. Head to your local dealership, and hope that they don’t try to steer you away from an EV (be strong! In fact, one in 10 new car sales in October 2019 was battery powered. Admittedly, this is less than a purely electric vehicle would achieve. They are sometimes referred to as an EV, which stands for electric vehicle and they have an electric motor and batteries instead of a petrol or diesel engine. Subscribe and stay up-to-date with the latest news and views from the world of parking, Subscribe for updates from YourParkingSpace and get 10% off your next booking. The pros and cons explained. Genesis G80 Ford F-150 Car Appraiser Tool Nissan Maxima Lease Deals. A Fast Charge Unit is 7kW to 22kW. Are you sick of paying road tax or the London congestion charge for your vehicle? According to MPs on the Parliamentary Energy and Climate Change Committee, advancements in electric vehicles will mean traditional-fuel-powered vehicles will probably be banned by 2030. Electric vehicles are not cheap by any standard but it is the running cost without taking the life of car is cheap. There is hardly any noise when you start up your engine, which can be a relief if you drive early in the morning or late at night. What is the age of the average start-up entrepreneur? Like new cars, it’s good to shop for a used car early in the week and towards the end of the year. You are definitely not alone on this one, as more and more drivers are making the switch. But many people who want to buy an electric car often make the mistake of putting the solar-powered cart before the horse. Penalties could be imposed by central government. When Don moved to Capital Asset Management, because of the close relationship we had built with him over a five-year period, we decided it was probably in our best interest to go with him. There are 25,000+ car charging points in the UK (the equivalent of a pump) in 15,500 charging points (stations). For example, most PHEVs have an electric-only range of around 30 miles, although some models like the Prius and Hyundai Iconiq have electric-only ranges closer to 40 miles. Yes - we only confirm bookings in line with the availability set by the space owner or operator. Bridging the gap is the hybrid. New and coming out soon in 2019 is the Audi E-Tron. According to the RAC, hybrids use up to 30% less fuel than conventional engines. Source: Petrol Retailers Association. Imagine me driving the same electric car I buy today 50 years from now while I drive a 1964 model 3.4S Jaguar as a far better car than most of any new model cars with all available replacement parts and optional add-ons. Induction pads in major roads could take decades to develop. Do you want to see some of the electric cars that are on offer in 2019? Capital helps you to discover what you want from life, and designs a personal financial plan and robust investment portfolio to get you there. This means that as long as you can afford it - brand new electric cars are still pretty pricey for now - there's more electric car choice than ever before. Source: Zapmap. It gives a trickle charge and is mostly used for overnight charging. What’s more, some EVs such as the Toyota Prius, have a special feature that means breaking in traffic helps to recharge the vehicle. We are both very confident that their exceptional client service and professional ability will ensure we have a long relationship with them and financial independence for the rest of our retirement.”. We guide you every step of the way and keep you on track for the future you deserve. If you own a car, at some point you will be faced with replacing it. Best Time to Buy a Used Car. If you have a budget of, say, less than £5,000 to buy a second-hand car, or £20,000 to buy a new one, then you will struggle to find an electric car at current prices. We have been particularly impressed with the effort they have made to get to know us personally, to appreciate our aims, goals and dreams. Wondering how much does an electric car cost? This means you do not need any petrol or diesel. If you are a BMW fan, do not worry; this EV does not sacrifice anything from the traditional models. I grew up to the east of London, and like the majority of my friends, my career followed the familiar commuter path.. Don Fraser was introduced to me and recommended as someone I could trust to create a financial plan with money raised from the sale of my business. And supposing your battery starts to run down during a long journey? If you are looking at two-car families, now is an ideal time to buy.” But plug-in hybrids, or PHEVs, also come with some widely recognised downsides. This includes a premium sound system, smart key and button start ignition, lane assist and smart cruise control. But the good thing about electric cars is that they have zero exhaust emissions. Not only are electric vehicles cheaper to run, they are cheap to maintain too. Since they have an electric motor as opposed to a traditional engine, there are less expensive repairs to make. On the other hand, there could be large financial and emotional dividends from getting it right. Are you wondering if electric cars are worth it, and if you should go ahead and purchase one? Hybrids are the most popular option, ahead of all-electric sales. Renewable energy is hovering at the 50% supply level in the UK. Well, the good news is that this is something you do not have to worry about when you choose an electric car. Instead, you charge your vehicle at an electric power source. This means you can enjoy up to 282 miles on just one single charge. Various companies are currently vying with each other to develop the lightest and most powerful new batteries. If you want to buy a non-Tesla electric car, the experience is similar to buying any car. This is typical of any new technology. This is the first electric car created by Audi and it is sure to take the market by storm. But there is political pressure on the horizon for a greener approach to motoring. Capital Asset Management is an award-winning independent and Chartered Financial Planning and Wealth Management firm based in the City of London. Most importantly, we have never been made to feel embarrassed, asking what in many cases are probably routine questions and perhaps often, questions we already ought to know the answer to. Here are some similar articles we think you'll find interesting. Q: Why should someone should go out and buy an electric car right now? Technology is far from being mature. Why not speak to one of our helpful advisors today to discuss how we can help you. It’s due in part to the fact that people don’t trust electric … The comfort we have gained from their support in the management of our investments has been invaluable to us, allowing us to explore our personal wishes, encouraging us to enjoy our financial security with the confidence that our future needs will be reviewed and managed on a continuous basis. We have worked with the team at Capital Asset Management for a number of years now with complete confidence and satisfaction and have found them to be competent and professional advisors. Electric cars may be lovely to look at and a great topic of conversation. In October 2019, the sale of diesel cars fell for the 31st straight month in a row. A normal three-pin socket in your garage is enough. In particular, stopping and starting in rush-hour traffic in the city eats up your petrol. Or you don’t have your own parking space near home? The best time to buy a used car is in the last quarter of the year between October and December. If you are looking for an affordable electric SUV, you will definitely want to have a look at the Kia E-Niro. What are you after? When my wife and I met Don, we both liked him and also his investment and income strategy. This car makes driving enjoyable again, as well as cost efficient. This is a hatchback model and while it is smaller than other BMWs, its eye-catching contemporary style makes up for it. Perhaps you should wait? Given that the car itself cost £2,650 more to buy, it would take 25 years to claw back that initial outlay. It has limited application convenient to a certain percentage of users. The transition has been seamless. Sign up now to be the first know when we have a new article available. This is the first of those that will reach the U.S., and it's called the ID.4 . We look forward to working with them for many more years to come. You have to consider fuel, depreciation and running costs as well as the initial outlay. This includes a big touchscreen for all your infotainment needs. What about the production of the minerals that your battery needs, let alone their safe disposal later? What’s it going to be – all-electric, a hybrid, petrol or diesel? Making a mistake now could be costly in the long-term. Electric cars are increasingly taking to our roads but many people still have reservations. Guess what? Which technology will win out? Fleet and business cars account for about 55% of all sales. You want to be environmentally responsible - but you’re not sure about the practicality of a fully electric car? You can find them here. How many electric cars are there in the UK? You can get back on the road in no time. Possibly a fossil-fuel or nuclear power station. Our Account Director Don has become a trusted confidant and we often brainstorm ideas and concerns before making decisions, particularly involving the support of our family. The 11 best electric cars to buy in 2020 Now’s the time to think electric for 2020. There could be too few charging points in your area or on your commute. It was first introduced onto the car scene back at the 2019 Geneva Convention and it has been a hit ever since. And there is almost no market yet for used electric cars. ... PM vows UK will be in 'different world' by summer & hints at tax cuts. If you need a level-headed second opinion before you make the leap, contact one of our experienced financial planners here. Company Number: 08670309 | YourParkingSpace © 2020, Councils bring in record £693m from parking charges. Sports car, SUV, town car, van? You can travel in style around town. These vehicles are famous for being silent on the road, which means you can travel in peace. In fact, there are certain circumstances where the government may also give you a grant for purchasing an EV. You can travel executively in the Tesla Model S and enjoy acceleration from 0 to 60 mph in just three seconds. Owning a car is a major item of expenditure. As you will be aware of, their popularity has meant that big car names are coming out with some fantastic electric vehicles of their own. The only addition is a sleek electric design that has different rims. Please check your email and make sure to confirm your email address in order to receive your discount code. Popular searches. Audi E-Tron. Perhaps you should consider an electric car. Beware those longer journeys, however, because the battery makes the car heavier, and conventional fuel consumption increases. Buy a petrol car with BS VI engine which will be available from 2020 on wards. With cars, as with other consumer items, the early adopter can enjoy the thrill of being first in the queue. Making the wrong decision could prove to be an expensive mistake. If there is one car brand that everyone thinks about when we are talking about electric cars, it is Tesla. Not only are they modern and attractive cars, but they also offer a lot of advantages compared to petrol and diesel vehicles. Should I buy an electric car now or wait. You can arrive and leave any time within the booked window. Well, let's just say that all of the problems listed above can be solved with an electric car. However, if you do not find your way in the current offer, or do not have the budget, then you better wait until 2021. Do you leave early for work in the morning and wake everyone up with your loud engine? Petrol is thought to be a safe and reliable option. The batteries on your EV can last up to 8 years, so you will not have to worry about them anytime soon. Volkswagen is readying a tidal wave of electric cars—50 total across its various brands—to debut by 2025. Here are five reasons you should think twice before buying an electric car and give an internal combustion engine a big consideration. Meet Nick Heath - Business Development Director, Iceland  Ireland  Israel  Slovenia  Netherlands, UK  Sri Lanka  Spain  Portugal  France  Canada. Tesla Model 3: Has Elon Musk Tapped the Mass Market? It offers a good range of 144 miles and charging the battery up to 80 percent only takes as little as 45 minutes. We quickly realised that Don and his team at Capital, will continue to act in our best interests. Plus, it can seem like you are there all the time when you drive often. They are affordable to buy and they are also a compact car that is easy to drive. The Slow Charge is up to 3kW using your home 3-pin plug. What if you live in a block of flats without charging points in the car park? Where and how are the cars made? Sales of petrol cars are down over 3%. A full charge takes up to four hours. There was only one winner. Then you will be pleased to know that they have released their first electric car to add to their fleet. Perhaps you should consider an electric car. This means fantastic savings! The most recent figures show that car sales are falling, but sales of electric cars are on the increase. This car has now gone electric, offering a clean and silent ride. Eventually we'll have little to no choice but to own electric cars, with the UK pushing for an entirely zero-emissions road network by 2040. If you want to buy a new car that is prepared for the future, it can be better to be electric. Governments around the world have set timetables to eradicate them. Many people do not believe that their individual efforts will make much difference. There are quite a few reasons why electric cars are becoming more popular. Let’s take a look. This is at your higher end for electric cars, which means you will pay more. These vehicles are famous for being silent on the road, which means you can travel in peace. Here are a few reasons why you might — or might not — want to buy an electric car with some miles on it. If you know anything about electric cars already, you will have definitely heard about the Nissan Leaf. Let’s take a look at some of those benefits and the best electric cars to expect in 2019. When you jump into the driver’s seat, there is a futuristic cabin. A: They can make a huge contribution to reducing carbon dioxide emissions — that’s the most important reason. The choice of battery-electric cars (BEVs) will only increase. In this case, where exactly will you charge? The Audi E-Tron has recently hit our roads, it is without doubt an electric car you should … Each month our expert team create insightful content to help you navigate the world of personal finance. There is more to choose from now than ever before. [Photo: Hyundai] So if you want to sell an electric vehicle today, it should be a crossover. The amazing thing about the Tesla Model S is that it offers great speed and acceleration. This is an attractive vehicle that offers you zero emissions thanks to its 64-kWh lithium-ion polymer battery pack. This car enjoys an SUV style, looking similar to the popular Q5 crossover. We all know how much gas can cost at the petrol station. 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