Key Considerations When Purchasing an EV

Electric energy is the future, and it’s already happening. Businesses like An Post, DPD, Gleasons, Hireco and various councils have already embraced the transition to electric vehicles.

Not only is it an answer for corporate social responsibility and a greener conscience, but it also offers multiple benefits to the company.

The journey to all-electric vehicles has been begun, but how do you know if the transition is right for your business, right now?

These are the questions you need to be asking when purchasing an Electric Vehicle:

What is your average mileage per day?
Is the vehicle on a varied or fixed route?
Is it on a single or double shift?
How long is it back in the base for?
Are you near charging infrastructure or is there one on your route?
Do you need a fast charging system or will slow suffice?
What's the required payload of the vehicle?

The answers to these questions can help determine which, if any, EV would be best for your business. Looking at the e DELIVER 3, variables in charge times, access to charging stations & payload requirements could mean the difference between choosing a long wheelbase or a short wheelbase and a 35Kw powertrain or a 52.5Kw powertrain, for example.

Costs of purchasing an Electric Vehicle

The data doesn’t lie…over the long term, the costs between diesel and EV will come in favour of electric.

Looking at the cost of fuel and maintenance – we found that EVs cost, on average, 70% less compared to diesel.

There are also a number of financial supports, government grants and incentives to help with the transition depending on where you live. In the end, the total cost can be cost-neutral or even cost-saving and we have outlined just some of the savings below:

£8,000 government grant in the UK
Tolls: M50 - 50% reduction in toll costs
Cost neutral or cost savings when compared to the cost of diesel/petrol
In 5 years an EV saved over €2,000 compared to diesel, excluding tolls and finer details

If you have any questions about EVs, contact Brindley Maxus, Cannock for help in evaluating the full cost benefits and outlining the purchasing options available.

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W Brindley (Garages) Limited, Brincars Limited, W Brindley Garages (Cannock) Limited Central Car Clearance LLP; dealerships act as a credit brokers in arranging finance for vehicle transactions.

We are authorised and regulated for credit-broking activities by the Financial Conduct Authority (“FCA”). We are not a lender. Our FCA Firm Reference Number(s) are 689220, 688824, 688878, 688893 respectively.

We will provide you with information and explanations about the finance products that may be available to you. No recommendation will be made; you must make an informed choice whether the finance product is right for you. Finance is arranged subject to status and terms and conditions. We cannot guarantee that we will be able to secure finance for you.

We are not independent financial advisers and so are unable to provide you with independent financial advice. We are, however, independent of the funders and brokers we work with.

You do not have to pay us for our services. However, a funder or broker we work with will typically pay us for introducing you to them. Different funders/brokers pay us different amounts, but it will typically be based on a fixed percentage of the amount borrowed.

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Costs of purchasing an Electric Vehicle

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Key things to consider when purchasing an EV

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Costs of purchasing an Electric Vehicle

Finance Disclosure

General Insurance