Volkswagen ID.3 vs. Skoda Octavia, Renault Megane, & Peugeot 308 — 5 Year Cost of Ownership Scenarios
Credit to Author: Zachary Shahan| Date: Fri, 20 Sep 2019 21:01:36 +0000
Published on September 20th, 2019 | by Zachary Shahan
September 20th, 2019 by Zachary Shahan
Following up on my article comparing the Volkswagen ID.3 with the Volkswagen Golf on a 5 year cost of ownership basis, below are comparisons of the ID.3 against a few other top selling compact cars — the Skoda Octavia, Skoda Octavia Sport Edition, Renault Megane Life, Renault Megane GT Line, Peugeot 308 Access, and Peugeot 308 GT.
I’m not going to rehash the assumptions here. You can read those in the VW ID.3 vs. VW Golf story. I’m using primarily all of the same assumptions as in that comparison, just updating base pricing and fuel economy for the new models.
As you can see in all of these charts and tables, the most realistic base-price Volkswagen ID.3 beats high-trim and low-trim versions of the Skoda Octavia, Renault Megane, and Peugeot 308 in terms of 5 year cost of ownership. (Note, again, that significantly changing some of the assumptions in these analyses could flip the results.)
Also worth noting here is that Volkswagen stated upon revealing the ID.3 that it will offer “more room than any other vehicle in its category and sets new standards.” In other words, compared to all of these other highly popular compact cars, the ID.3 will have more space inside. So, it should feel like a larger vehicle to the driver and passengers despite still being a compact car.
Additionally, the ID.3 will have the benefit of a much smoother driving experience, a low center of gravity and handling benefits that result from that, and more advanced tech. Taken all together, the ID.3, like the Tesla Model 3 in its class, looks to be a considerably better vehicle than any gasoline or diesel competitor while also offering a lower 5 year cost of ownership. That makes it very hard to understand why anyone would buy another car in this class rather than the ID.3. Of course, one key reason for that is still lack of awareness — many consumers don’t know much about the ID.3, or electric cars in general, and certainly do not understand all of the benefits of the ID.3, including potential lower cost of ownership.
Will Volkswagen effectively communicate these benefits to consumers on a massive scale? Will Volkswagen have the supply chain in place to produce as many ID.3 cars as consumers want (and in a timely fashion)? Those are the big questions.
Feel free to try your own hand at total cost of ownership comparison by copying my Google Sheet and adjusting assumptions as you see fit.
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Zachary Shahan Zach is tryin’ to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He’s also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don’t jump to conclusions.