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XC40 Recharge will cost £53,000

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Old May 28th, 2020, 14:06   #1
Lexman8
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Default XC40 Recharge will cost £53,000

Specs aren't that great and the price, well...

Crossed it off my shortlist for next car.

https://www.thisismoney.co.uk/money/...ndard-SUV.html
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Old May 28th, 2020, 14:15   #2
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God that's a hell of a pricey car - for a car that's already way over-priced
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Old May 28th, 2020, 15:28   #3
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I got a lease quote on one. By the time I put on a few "essentials" like metallic, heated seats, tow bar etc.. it was at 60k and the best the dealer could do was nearly a grand a month...... Even opting back in to a company car for 2 percent BIK it still struggles to make financial sense....

Which is a pity as the XC40 is a nice car and all electric with 250 miles range would be an excellent 2nd car.....
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Old May 28th, 2020, 16:14   #4
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Shame but all these cars carry an early adopter premium. I’m probably 5+ years away from buying one but good that they exist.
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Old May 28th, 2020, 16:50   #5
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Quote:
Originally Posted by Philip Fisher View Post
I got a lease quote on one. By the time I put on a few "essentials" like metallic, heated seats, tow bar etc.. it was at 60k and the best the dealer could do was nearly a grand a month...... Even opting back in to a company car for 2 percent BIK it still struggles to make financial sense....

Which is a pity as the XC40 is a nice car and all electric with 250 miles range would be an excellent 2nd car.....
Yep it's a nice car but not at that price - like you just specced one up and managed £61k without thinking - crazy
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Old May 28th, 2020, 17:11   #6
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Planning to keep my current car for 6 years. By then full electric should be more affordable and the infrastructure should be in place. As a minimum all hotels should be forced to have charging points in their car parks within the next 12 months.
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Old May 28th, 2020, 21:05   #7
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That price is bonkers. An XC40 is expensive at £25k.... is an all-electric one really worth double that?

My personal opinion is that car manufacturers are taking us all for mugs with the prices of electric cars. I like gadgets and am happy to pay an early adopter cost, but not at those percentages.
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Old May 29th, 2020, 00:04   #8
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I wont be rushing anywhere to get anything electric just yet, and probably not until forced to.
However I did buy a new kettle yesterday!
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Old May 29th, 2020, 09:21   #9
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Take a look at Polestar. A Volvo based car, fully electric and with all the Volvo kit for £49K, which means you get the £3K government grant which you lose on the XC40 as its over £50K.
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Old May 29th, 2020, 10:09   #10
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BEVs and some PHEVs are priced purely as luxury options making no economic or much environmental sense ("emissions elsewhere vehicles" in industry parlance).

£53k before options is utterly absurd to the point you'd have to wonder they even bother. Look at the brilliant BMW i3 - big initial interest followed by a sober realisation that it didn't make financial sense for anyone. No replacement envisaged.

Somebody also needs to figure out a way of incentivising employees to charge their fleet cars off domestic leccy supply overnight. At the moment they have zero incentive to use anything other than the company fuel card turning that claimed 120mpg back down to 35mpg again.
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