Credo Capital Finance

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Environmentally Conscious Case Studies

Electric VW Golf – case study

2nd December 2020 by Credo Asset Finance

Jenny Perkin purchased a brand new Electric VW Golf recently and Credo assisted with the finance.

We asked Jenny a few questions to understand the reason she chose electric.

What was your motivation to buy an electric car?     

My son came home and stole my car hence I needed something to drive.  I was interested in electric cars but not really researched, liked the idea of no petrol costs. 

What prompted you to buy a VW Golf against other electric cars?

I had a VW golf previously for 17 years and two other VW’s in the family so liked and trusted the brand. 

What other cars did you look at? Did you look at petrol or diesel or hybrids or did you know you wanted an electric car?

The only other car I was interested in was an Audi Q5 that Ian Tims (Credo MD) sent details on.  I didn’t look or test drive anything. 

Did you have any concerns about buying an electric car, and if so, how did you find the answers? Did you research from online or speak to the dealer?

No concerns at all, I just read the article Ian sent through and of course trusted his judgement which sold it!!! 

What’s been your earliest experiences of owning an electric car, does it feel different from cars you have owned before?

It is fantastic, so quiet and really does have poke and no petrol costs, absolutely LOVE it!!

I know this is early days, but do you feel that in the future you may go back to buying petrol/diesel cars or is electric your choice for the future?

I definitely think electric is the way forward and there clearly will be further advancements with technology by the time I need to exchange. Would never go back to buying Petrol /Diesel.

Thank you for answering our questions Jenny, another customer that clearly thinks electric is the way forward.

If you are considering buying an electric car and would like to know more, then please contact us at the office on 01603 381955 or e-mail [email protected]

Filed Under: Eco Case Studies, News

Porsche Taycan case study

10th September 2020 by Credo Asset Finance

We asked Tyrone Walker-Hebborn who recently financed his Porsche Taycan through Credo a few questions on why he decided to go electric.

Is this your first electric car?

“I have owned a hybrid for two years and wanted to go full electric for my next car. This is the way life is going, the non-polluting way of living and I am keen to be part of that”.

A Porsche is seen by many as a sports car or even a super car, there is no amazing V8 or sizzling flat-six petrol engine with the Taycan, so were you concerned that the performance would be compromised by an electric engine?

“I used to be a real petrol head and have always loved a sports model. My previous 911 was a great car, so I knew Porsche would create a fabulous electric model. I am very impressed with the Taycan. The acceleration is superb, 0-60 in 2.1 seconds so I am very happy with that!“

Do you miss the noise that comes from a powerful petrol car?

“No not really, as there is an option of a fake engine noise generator which adds an accelerative thrum. My son actually remarks that when I accelerate out the drive it sounds like the Millennium Falcon going into hyperspace! The car runs very smoothly and and I enjoy the silent running of the engine as well”.

For the more practical consideration of owning an electric car, were you worried about how far you could travel between charges?

“The model I chose can travel for over 250 miles between charges, but I don’t do a huge amount of miles each year so this wasn’t ever an issue for me. I will be able to charge from home when necessary”.

So in summary, I guess you are happy with your new purchase?

“I am delighted with this car, couldn’t be happier. This is certainly the way forward, and as mentioned before, I was a real petrol head so this needed to tick all the boxes for acceleration and a good driver experience. It’s fast, nimble, the range is good, it is beautiful and believe me it looks and sounds amazing!

Thank you Credo for all your help, you made the process of financing the car easy!“

Thank you Tyrone, we are delighted you are enjoying your new car, electric is obviously the way forward for you.

If you are thinking of buying electric and want to know about your finance options, then please give our specialist team a call on 01603 381955

Filed Under: Eco Case Studies, News

BlueSky Tesla Case Study

3rd August 2020 by caf_admin

James posing with his new Tesla

We asked James Horne from BlueSky UAV Specialists who recently financed his Tesla through Credo a few questions including why he chose electric?

What was your motivation to buy an electric car?

“I have been considering an electric vehicle for some time as I do fairly high mileage and with this comes large fuel bills

The recent government change for company cars having zero benefit in kind for electric company cars has made it a far better financial option as a company vehicle“

What prompted you to buy a Tesla against other electric cars?

“Tesla have a very good track record in the production of electric cars and innovative products – The model S is also a very good looking car, unlike many electric cars!

The vehicle I purchased has 5 years of remaining manufacturers warranty on the batteries and motors – which would be very costly if they failed, so this gave me good peace of mind 

The battery range of Tesla’s is also very good – my vehicle has a range of over 300 miles and the network of chargers are increasing.

My vehicle also has free supercharging for life, which will save me further cost as the fuel will be free“

What other cars did you look at? Did you look at petrol or diesel or hybrids or did you know you wanted an electric car?

 “I did not look at hybrid cars as I wanted to go all electric, and hybrids would still require conventional fuel, and attract company car tax“

Did you have any concerns about buying an electric car, and if so how did you find the answers? Did you research from online or speak to the dealer?

“I generally researched on-line to understand about electric vehicles and potential issues, but as there is far less moving parts there is far less to go wrong“

What’s been your earliest experiences of owning an electric car, does it feel different from cars you have owned before?

“Apart from being environmentally friendly, and the obvious fuel and tax savings the vehicle is exceptionally fast as it has 762 BHP – achieving 0-60 in under 2.5 seconds – making it the second fastest accelerating road car in the world!

It is also very quiet and relaxing to drive, and packed full of technology.

And by having a good range and a growing charging network I do not have any concerns over running out of electricity – and it only takes 45 minutes to charge from empty which is not an issue.“

I know this is early days, but do you feel that in the future you may go back to buying petrol/diesel cars or is electric your choice for the future?

“From my initial experience, I am very pleased with all aspects of the vehicle so could not see myself changing it, and the electric concept seems the way forward environmentally“

We’d like to thank James for taking the time to provide us this case study.

If you’d like to investigate the possibility of getting your very own electric car, perhaps even a Tesla too, Credo can help you with this. Contact one of the team on 01603 381955.

Filed Under: Eco Case Studies

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CREDO CAPITAL FINANCE

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Credo Capital Finance Ltd
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