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Audi Leasing Costs

November 29, 2021

By Paul Homewood

 

Quick update on the Audi e-tron costs, with a look at leasing rates:

 

 

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Over 36 months, and assuming 10,000 miles pa, the total lease cost is £35209 v £21739 for the e-tron and Q5 respectively.

Including VAT, the costs rise to £42250 and £26086, meaning the electric car is £16164 dearer. This corresponds closely to what we know about the outright purchase prices.

These costs include service, maintenance and tyres. Interestingly the extra added on for these is £33.40 and £25.85 per month for the e-tron and Q5 respectively (excl VAT).

In other words, maintenance costs are actually higher for the e-tron, which runs counter to everything we have been told by proponents of EVs.

I personally am not surprised by this, as I find most of my maintenance costs revolve around tyres and breaks. Given the fact the the e-tron weighs about a quarter more, those costs will inevitably be higher.

22 Comments
  1. Dr Ken Pollock permalink
    November 29, 2021 7:04 pm

    Paul, I hope you can stop your car using the brakes, without any breaks…(we’ve all done it…)

    • Devoncamel permalink
      November 29, 2021 7:40 pm

      Perhaps Paul is referring to things that break, which they do.

  2. Dave Ward permalink
    November 29, 2021 7:10 pm

    “Tyres and breaks

    I think you need to take a brake from blogging!

  3. November 29, 2021 7:10 pm

    What a good looking car.!

    As an A1 owner, petrol, I suggest marketing an IC model, preferably diesel, 2-3 litres,
    That would sell well, e.g., to myself and 3 more of my family.
    That car is wasted as an electric, of which all are dud.

    (I would buy one only at gunpoint!)

    • Crowcatcher permalink
      November 30, 2021 6:35 am

      I’ve finally given and decided to buy an electric car, not at gunpoint, BUT the day after the first electric trai pulls into my local station – maybe sometime, probably never!!!!!!

  4. 2hmp permalink
    November 29, 2021 7:15 pm

    As you say electric cars are much heavier and in most cases the tyres are slimmer to reduce rolling resistance. Thus they wear more quickly and have less grip. I understand they are trying ti resolve this issue.

    • Phoenix44 permalink
      November 30, 2021 8:16 am

      Not something anybody mentions is it when discussing running costs. And more tyre wear means more particle pollution and more CO2 emissions from having to make and fit more tyres. But who cares?

  5. Ian PRSY permalink
    November 29, 2021 7:23 pm

    You should carry out a parallel calculation with the car as a company car, Paul, including roadu tax and BIK.

    • November 30, 2021 9:37 am

      Yes, EV company cars do not incur benefit taxation.

  6. sassycoupleok permalink
    November 29, 2021 7:42 pm

    All EVs use more expensive special tires. Plus most use regenerative braking so all the braking parts are totally new and not carryover parts. I recently spoke with a dealer tech about this and he said that a brake job on one of these vehicles will be far more expensive than on a iCE vehicle. Plus there are other service issues they fail to address when hyping that these EVs will be cheaper to drive. The cost of long term ownership should be concerning !!

    • Gerry, England permalink
      November 30, 2021 10:46 am

      And given the relatively tiny number of battery cars in use, these tyres will be made in smaller numbers. And then have to be made in batches to meet all the various market requirements which is basically just the sidewall markings. When discussing the pros and cons of regulations, the tyre industry could save billions if there was a global tyre standard.

    • John Dawson permalink
      November 30, 2021 2:01 pm

      My understanding is that the brakes shoes and discs on my Tesla Model S are exactly the same as those on similar ICE cars. The wear on the brakes so far (nearly 60K miles) has been minimal, as expected.

      The tyres are also standard Michelins – high performance rated, but then so is the car. I have just moved onto my 3rd set, a bit earlier than strictly necessary but I wanted to try out all season tyres this time around.

      Methinks your dealer is spinning you a line as he’ll get less work from maintaining these parts on an EV.

  7. auralay permalink
    November 29, 2021 9:26 pm

    A well made diesel car, like the Audi, can be still going strong after 10 years with very reasonable maintenance costs. Would the e-tron last that long without one or more battery changes? OK, a hire car is only kept about 3 years, but the potential replacement battery cost must take a huge bite out of the resale value.

    • Paul H permalink
      November 29, 2021 9:48 pm

      My Audi 100 2.5TDi is 28 years old and still does me proud. Shouldn’t tempt providence but she’s sailed through the last 3 MoT’s with very little spent on her in between. Just had the heater blower motor replaced, sourced in Lithuania, £6.50, OK, postage and VAT took the total price to £36.30, plus £150 at the garage. That’s the most I’ve spent on her for a number of years. Road Tax, now that’s another matter. £275 last Feb, up a tenner on ’20, which if I recall correctly, was up a tenner on’19.

    • Hayden permalink
      November 30, 2021 9:39 pm

      “Well made diesel car”. Well, it’s an Audi, it won’t one of those!

  8. November 29, 2021 9:36 pm

    Hang on though, the brakes are meant to last longer, because of the regenerative braking.
    Also, the tax advantages of a company car EV are now said to be overwhelming relative to ICE vehicles, which is why the Tesla was the best selling car in the UK in September.

    • Chaswarnertoo permalink
      November 30, 2021 8:00 am

      Tax advantages? So the taxpayer is paying rich people to drive coal powered cars? Hmmmm.

    • Phoenix44 permalink
      November 30, 2021 8:18 am

      But that lasts only as long as EVs are a small minority of cars. If we all buy one it disappears.

  9. Gamecock permalink
    November 29, 2021 10:31 pm

    ‘This corresponds closely to what we know about the outright purchase prices.’

    Then the leasor is not concerned about excessive depreciation.

    • Phoenix44 permalink
      November 30, 2021 8:21 am

      Which may be a big error. I wonder how the lessors think they can control battery life as it is highly dependent on how you charge? Run it down to 0% and charge to 100% every time using rapid chargers and battery life falls rapidly. Could be £5,000 difference easily.

  10. November 30, 2021 8:52 am

    the e-tron weighs about a quarter more

    Inefficiency built in.

  11. Gerry, England permalink
    November 30, 2021 10:51 am

    With the increased weight there is likely to be more wear on the suspension, on top mount bearings, on ball joints, trackrod ends, anti-roll bar bushes etc. These are usually the mechanical parts that need changing while the engines goes on for ages.

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