Should we replace our Tiguan with an EV?

Hello,

We currently own a VW Tiguan R Line and coming to the end of PCP plan in August next year. I am considering a new Tiguan and also the new Skoda Kodiaq. I also have been doing a bit of research into possibly buying an EV. Some are now considerably cheaper than the normal ICE vehicles.

We have three kids and the normal mileage is 25k km per year. Over the next couple of months we are looking at the cost of change. We also chatted about the possibility of keeping our current car for another few years and wait for EVs to get better technology and range. There is also the depreciation aspect of EVs presently and the price of batteries are still falling.

Would it be a good time to change to EV or wait?

Wayne Fitzpatrick (Athy)

Oct 2024 Filed under: choosing new car

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Expert answer

Hi Wayne,

I think it's a good time to change into an EV if it suits your needs. With that mileage, you really would have to have a charger at home to keep the cost down and to make charging as convenient as possible.

Once you do make the changeover you'll never want to go back. I speak from experience on that score (we're on our second new EV) despite still classing myself as a 'petrolhead'. A Volkswagen ID.4 did us well for three years on PCP (we also have three kids and that car had ample room for our needs) before we replaced it this year.

Don't expect technology and range to dramatically improve overnight as that just won't happen - it'll be a gradual improvement with each year. PCP is well suited to making that change without worrying too much about future values.

Shane O' Donoghue - Complete Car Advisor
@Shane_O_D