How much does it cost to buy an electric car?

For many of us, cost is one of the most important things when buying a car. So let’s tot up the figures and see how an electric car stacks up.

Check out costs

electric car costs graphic

ElectriX is powered by LV= General Insurance

Going electric isn’t just greener, it’s easier on your pocket in the long run, too. For tax, maintenance and fuelling it up, the electric car wins every time.

Find out how much cheaper it was for the McGlynn family to use their Nissan Leaf to go to work, do the weekly shop and take the kids to school, plus lots of clubs and activities.

Electric cars can cost a bit more upfront if you buy new, but running costs are cheaper than petrol or diesel so you offset that higher price tag quickly. That's why leasing's such a great option.

The simple answer’s yes. There are grants to help you buy a new electric car and also to install a home charge point, but they vary based on where you live.

Costs

What are my options to buy or lease an electric car?

There are three ways to get hold of an electric car: buy one outright, lease one, or lease one with the option of buying it when your contract ends.

Costs

How does salary sacrifice work with electric cars?

A salary sacrifice arrangement could help you to afford to lease an electric car by swapping part of your salary for a non-cash benefit from your employer.

Costs

What's the resale value of an electric car?

If you buy a new electric car you can be pretty confident you’ll get a good price when you want to sell it. The value of electric cars is holding up well.

Insurance

Are Electric cars more expensive to insure?

On average, electric cars can often work out cheaper to insure. But just like insurance for petrol or diesel cars, it depends on a few factors.

Breakdown

Do breakdown services cover electric cars?

The good news is that all major breakdown services cover electric cars and more and more local garages can help out now too.

2.33.1216