I think we are quite close to switching now, nothing fancy, a Leaf/e4c/e2008 size. Now the boy is up a bit, we no longer need a big car.
The summs seem quite compelling now, especially given the 11 year old Volvo is starting to cost money to fix (>£1000 a year in repairs now).
Used prices are down a lot since last year because of electricity increases.
1 year old low milage car now about £20/1K.
Can get 0% funding from ScotGov on a used car under £30K.
So could be looking at:
Cost per month: £300 over 60 months @ 0%
VED saving: £15
Fuel saving: £150 p/m on 15K miles (£250 - £300 yearly electric bill on 7.5p overnight charging)
So essentially a car of that price would net cost us £135 a month, which is not that far off what we are paying in repairs.
More sums to do, but I think it now makes sense.