I am sorry, dear reader, that this blog has been quiet of late. It just goes to show that electric motoring has become so much the norm in our household as not to invite comment.
I’m having to think about the whole matter again, now that my LEAF is nearing the end of its 18-month lease which finishes in early September. My first thought had been to buy the car outright, but a quick look at used prices soon put paid to that idea. The final payment would be £13,250, which is some way above the retail value. Actually that’s not quite fair because, having put 23,000 miles on the car, I shall have to pay £800 in excess mileage when I hand it back. I wouldn’t have to pay that if I kept it, so the realistic value for comparison is £12,450. Even then it looks a bit steep.
I checked with a local dealership what they would offer at trade-in, and the answer was around £9,300. So the car will go back, and I shall be starting a new lease – this time on the basis of a more realistic annual mileage of 15,000. I’ll also be trading up to the Tekna. There’s not much in the extra equipment that I really need, but I’ll be glad of the better sound system and the leather seats. They’ll help to improve the cabin environment a little, though it feels a little like ‘putting lipstick on a pig’! I do miss the interior fit and finish of my old BMW 520.
Anyway, just for fun I thought I’d see what webuyanycar.com would offer for the LEAF. I knew it would be low – after all this is the buyer of last resort – but even I was astonished when the figure came back: £3,435! I think what that tells me is that the motor trade at large has yet to be persuaded that there’s a viable used market for electric vehicles.
Perhaps I should buy back my current car when it goes to auction? Now there’s a thought …