greendwarf said:maby said:I'm hoping that the PHEV will last another seven or eight years (if it doesn't, that would be a strong argument against buying another!). By that time, I will be approaching retirement age and my available income to buy another expensive new car will be reduced. The distances I travel will also be reducing and I will probably have less than ten years driving left in me. Therefore, I anticipate that I'll end up replacing the PHEV with a relatively elderly diesel SUV - probably predating all the current and future emission controls. I may even go back to a Landrover Defender - it should have most of the bugs out of it at 20 years old!
I would have thought the reverse is true. I am semi-retired and do the reduced distances you anticipate. Hence most of my driving is on EV. Why on earth would I want a diesel in 7/8 years with all the likely financial penalties then in place. Even with your mileage approaching 100k by then, £3k for a replacement battery to extend the usable life of the PHEV sounds quite reasonable to me. :mrgreen:
I'll certainly consider the cost of extending the PHEV's life and if it seems likely that an investment of £3000 will result in another 7 or eight trouble free years, that would be a perfectly sensible option. As far as a replacement vehicle is concerned, I suspect that a company car will not be an option, so tax benefits will not be a consideration. So, I will be looking at a private purchase and weighing up the balance between a new (or virtually new) vehicle costing the equivalent of £35000 in today's money and a second hand diesel SUV - probably manufactured about five or six years ago today - and costing the current equivalent of three or four grand. In my remaining years of driving, it will be very difficult to recoup anything near to the £30,000 price difference of the new car!