• We are having a problem with new Hotmail members being unable to receive activation emails. Please avoid using a Hotmail email address. Thanks.

MG ZS EV Shipping Updates

Just heard from Kia Niro EV '3' in white with heat pump delivery end July 22 only fly in the ointment is its getting on for £40k. £500 refundable deposit if test drive changes your mind or you have change of mind before delivery. Cant see LR Trophy connect getting here before September OH loves the panoramic roof and £8k is a lot of electrons. Will probably pull the trigger on Niro as it is a more modern looking car and potential updates OTA will hopefully improve it over time. Decisions decisions.
I thought similarly but can’t really justify the 7k extra over my ZS order. The lack of a more rapid charge irritates me for a more expensive car as well…
 
Hello I know this is predominantly a ZS EV thread, however just looking to see if anyone has ordered a ZS Exclusive automatic in white from Nathaniel cars?

I placed the order early January with it expected to be delivered by May. I was told it was in production on 19th January. Had an update yesterday saying it still in production! Why so long? Surely if it was on the production line on 19th January it should be on sea by now.
 
I don’t really have one as I have a good situation currently thankfully. I currently own a petrol ZS which I would like to exchange for an EV for the benefits that this would bring. Hybrid cars don’t really interest me. I need a family car with at least 140 miles range in winter and the Niro EV is the only other reasonable comparison that I can see currently. This is £7K more currently than my ZS LR offer so not much point jumping onto that currently. Just generally fed up of waiting for the LR to arrive…
I'm in the same boat, Ordered in November, sold car in March pending arrival of new one, then all the delays started to happen, luckily I don't really "need" a car as we have one in the family and I have a motorcycle... But yeah similar to you, no real plan B, just getting fed up with waiting as I have such a good deal with MG (deposit contribution, 2.5k grant and 4.9% APR) that I can't afford to go elsewhere... plus the wait times for other models are also astronomical... VW quoted me and this is a direct quote from the salesman on a factory order ID.3 "60 weeks, but that's optimistic"
 
I'm in the same boat, Ordered in November, sold car in March pending arrival of new one, then all the delays started to happen, luckily I don't really "need" a car as we have one in the family and I have a motorcycle... But yeah similar to you, no real plan B, just getting fed up with waiting as I have such a good deal with MG (deposit contribution, 2.5k grant and 4.9% APR) that I can't afford to go elsewhere... plus the wait times for other models are also astronomical... VW quoted me and this is a direct quote from the salesman on a factory order ID.3 "60 weeks, but that's optimistic"
Can I ask why so many people are actually buying new cars these days. I'm leasing and I'm not sure if in doing it the right way. Leasing for me is much cheaper than owning the vehicle.
 
Whatsthepoint. How do you work out that it’s cheaper to lease than to buy please?

I got the same conclusion as @Whatsthepoint when I did the maths.

Lease = total lease cost over 3y
Cash = initial purchase price minus expected residual value after 3y

My lease worked out to c£11k over 3y. Assuming a list price of £30k car needed to be worth £19k after 3y to make a cash buy make sense. That’s before you factor in any interest on borrowing.
 
Don't forget salary sacrifices. Buying as an individual you won't benefit from the 100% off first year allowance, so for high income earners that's 20%-40% off of list right out of the gate. That's why you see so many Teslas around. People with a business can just reap the tax benefit and then sell off to individuals as if they bought at list after a few years. Will HMRC crack down on this I don't know.

With tax incentives and weak residuals leasing is cheaper. Now the residuals might be increasing due to shortages but that's won't swing the calculations as much.
 
What ever works for you
different strokes for different folks
Screenshot_20220520_120016.jpg
 
I got the same conclusion as @Whatsthepoint when I did the maths.

Lease = total lease cost over 3y
Cash = initial purchase price minus expected residual value after 3y

My lease worked out to c£11k over 3y. Assuming a list price of £30k car needed to be worth £19k after 3y to make a cash buy make sense. That’s before you factor in any interest on borrowing.
I'm the same, 11k over 3 years. Can't see it being worth more than 19k with 45k on the clock. I suppose it takes away all the worries about depreciation and trade in woes.
 
salary sacrifices look to be the way forward most inc insurance maintenance and tyres renew 1 to 4 years from somewhere like The Electric Car Scheme: Government Tax Benefit
depending on how much you earn If you lost your child tax credits you can get them back as payment is taken before tax and NI
Screenshot_20220520_121945.jpg
Screenshot_20220520_122012.jpg

Can be tempting
PS. I know there picks are worng
 
Can I ask why so many people are actually buying new cars these days. I'm leasing and I'm not sure if in doing it the right way. Leasing for me is much cheaper than owning the vehicle.
For me I’m old school, if you can’t afford it, don’t buy it. I have noticed a lot of young people driving around in flash cars, and I wonder, how do they afford them, answer payed on the Never Never.
 
For me I’m old school, if you can’t afford it, don’t buy it. I have noticed a lot of young people driving around in flash cars, and I wonder, how do they afford them, answer payed on the Never Never.
I don't really agree with that, we are moving towards a subscription based world. I'm quite happy to pay my monthly rentals and get a new one every 3 years. I could buy it outright over a few years but my money being tied up in a forever deprecating asset is not a wise decision for me. Have you even looked at lease prices over hp or pcp? Might surprise you.
 
I don't really agree with that, we are moving towards a subscription based world. I'm quite happy to pay my monthly rentals and get a new one every 3 years. I could buy it outright over a few years but my money being tied up in a forever deprecating asset is not a wise decision for me. Have you even looked at lease prices over hp or pcp? Might surprise you.
Do you have a link for a ZS Trophy long range EV for £11k over 3 years?
Everywhere I looked (at the start of the year) it was closer to £15k for 3 years with no more than 10k miles per year.
So you’re paying 50% of the cars value just to own it for 3 years and then hand it back.
If you buy it and keep it for 6
years (remember the warranty is 7 years too) then whatever you sell it for ends up being money saved vs 2x lease deals.
I leased my last car (Audi Q3) for 3 years for about £11k but that car was worth £36k and would probably depreciate roughly that much anyway.
Lease prices have increased a lot in the last 12 months and the maths doesn’t stack up for me anymore.
 
Do you have a link for a ZS Trophy long range EV for £11k over 3 years?
Everywhere I looked (at the start of the year) it was closer to £15k for 3 years with no more than 10k miles per year.
So you’re paying 50% of the cars value just to own it for 3 years and then hand it back.
If you buy it and keep it for 6
years (remember the warranty is 7 years too) then whatever you sell it for ends up being money saved vs 2x lease deals.
I leased my last car (Audi Q3) for 3 years for about £11k but that car was worth £36k and would probably depreciate roughly that much anyway.
Lease prices have increased a lot in the last 12 months and the maths doesn’t stack up for me anymore.
Not looked into the warranty in full but I know that with the kia 7 year warranty not all components are covered for 7 years. Some is 3,4,5 years. For me I need the peace of mind. I have had a look at lease prices and you are correct about todays prices, I have took a screenshot and you will see the price back in November 21.
 

Attachments

  • Screenshot_20220520-135345_Chrome.jpg
    Screenshot_20220520-135345_Chrome.jpg
    158.8 KB · Views: 93
Do you have a link for a ZS Trophy long range EV for £11k over 3 years?
Everywhere I looked (at the start of the year) it was closer to £15k for 3 years with no more than 10k miles per year.
So you’re paying 50% of the cars value just to own it for 3 years and then hand it back.
If you buy it and keep it for 6
years (remember the warranty is 7 years too) then whatever you sell it for ends up being money saved vs 2x lease deals.
I leased my last car (Audi Q3) for 3 years for about £11k but that car was worth £36k and would probably depreciate roughly that much anyway.
Lease prices have increased a lot in the last 12 months and the maths doesn’t stack up for me anymore.
Look at the deposit as well. 1 payment, 1 month. Not thousands up front.
 
Support us by becoming a Premium Member

Latest MG EVs video

New EVs from MG: MG S9 & MG9 plus hot topics from the forums
Subscribe to our YouTube channel
Back
Top Bottom