Benny Christensen is Broom’s car expert. IN The “Ask Benny” section on broom.no He answers everything to do with cars.
Here is one of the questions from the last webinar:
Hi Benny
I really want a new petrol car before it’s too late. I am under the impression that it is urgent to buy an electric car, but is it really the last car with a combustion engine that is urgent? They are probably at their very best now, while electric cars will only get better and better in the future…
Anyway, if you stick with a brand new BMW M3 with a perspective of five years, do you think you will financially come out worse than, for example, a brand new electric Porsche Taycan?
Benny replies:
Hello, this is an interesting dilemma that I can relate to well.
After four years with the Tesla Model S, which I was otherwise very happy with, I bought a petrol car again. A Porsche Panamera Sport Turismo, plug-in hybrid. Not because it’s rechargeable, but because that’s what I could afford.
I haven’t regretted it for a second – even after driving round-trip Asker – Nordkapp this summer and filling up fuel for probably NOK 14,000-15,000.
The idea behind the car change was the same as yours. I wanted a real petrol car. One that makes a really good sound, that shifts with super-precise shifts and that offers good performance and sharp driving characteristics – before it’s too late. Simply realizing a dream before it is seen as total “madness”.
Then you have to pay the price it costs. It is a conscious choice and, after all, you only live once.
Sold the electric car – now he fills up with petrol again
– The BMW M3 costs from around NOK 1.1 million and is definitely an enthusiast’s car for “petrol heads”.
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Electric car cheapest in use
The cars you are considering are in the price range plus/minus NOK one million. A bit dependent on the model. For most of us, that is a lot of money.
There is little doubt that an electric car is significantly cheaper to use than a fossil car. Both when it comes to toll crossings, parking and other benefits, although these are being phased out somewhat now. Also when it comes to fuel, the differences are large, even with today’s electricity prices. If you have charging options at home and charge smartly, the savings are big.
As you know, petrol prices are not exactly low during the day. Vegard with us in the Broom editorial team both has – and has had – several BMW M cars. He confirms a consumption of well over a liter on average. Service also costs extra. This makes money quickly…
Five-year perspective
As for the biggest expenditure item of them all, namely depreciation, I dare not have any opinion on what it may amount to five years from now. The market is changing far too much for that. No one knows what it will look like in 2027.
One thing is certain. As you yourself know, we are in the starting pit of this with electric cars. Both in terms of batteries and charging, I think we will see a significant development going forward.
Now, it is also not the case that there will be any ban on fossil fuel cars. They will be with us for the foreseeable future, but to a significantly lesser extent than now. By 2035 will new petrol and diesel cars will soon be a thing of the past. But the used ones will live on. Long.
The sports cars are falling into disrepair – but the owner refuses to sell
– The electric Porsche Taycan is not a cheap car, but is perhaps the most politically correct and forward-looking choice.
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Dreams more important than money
Powerful M models from BMW, RS from Audi and AMG variants from Mercedes are also selling like never before here in Norway.
I both believe and hope that these cars will hold relatively well in price going forward. That they become even more expensive to use can probably happen.
Now I also believe that it is the case that when you evaluate cars in this segment, it is not necessarily price and common sense that matter most. Then we would probably all have driven the Kia e-Niro. It’s one of the most sensible cars I know of, but not the most exciting.
Now or never?
I think the choice in your case, as in mine, is more about feelings, dreams and passion for cars, than about money. But it’s always nice to have a little peg of reason to hang your dreams on.
This is going to cost money, regardless of whether you choose the petrol-powered BMW M3 or the electric Porsche Taycan. Porsche is the most future-oriented and politically correct choice – but I think the M3 will appeal most to the enthusiast in you.
What’s more, you avoid that “everyone else” has the same car. The Taycan has become very popular.
In any case, these are not sensible, but fun car choices. I wish you good luck!
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Video: – Porsche Taycan and Tesla? They cannot be compared
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