Whichever you choose, it may surprise you how much you can save in the long run. There are some great deals, government grants and tax incentives that make owning an electric car more affordable than you might think.
Benefits of choosing an Electric vehicle
There are lots of cost advantages to owning an electric car. Here are some you might find surprising.
Lower maintenance costs
Petrol and diesel engines are incredibly complex and have hundreds of components that can wear, fail and need replacing. Electric cars on the other hand have just three main components and far fewer moving parts than a combustion engine. That means servicing and maintenance is simpler and cheaper, which saves you money.
There is no yearly or first-year tax with an electric vehicle, which could save you around £500 over the first three years of ownership compared to a mid-sized petrol or diesel equivalent.
Big savings on BiK tax for company car drivers
Company car tax is already drastically lower if you drive an electric car. From 6th April 2020 battery electric cars are now 0% BiK. This increases to just 1% post April 6th 2021 and 2% in 2022/23- that represents a massive saving over a conventional car.
This is an estimate only and is based on the current average fuel price in the UK as identified by GlobalPetrolPrices.com. Actual prices will vary depending on where you are in the UK, the type of fuel you purchase and other economic factors.
How we calculate charging price
This is an estimate only and is based on the current average at home charging price in the UK as identified by GlobalPetrolPrices.com. Actual prices will vary depending on the specifics of your home energy contract, where you are in the UK and other factors.
How we calculate fuel consumption and CO2
This is an estimate only and is based on results obtained during the Worldwide Harmonised Light Vehicle Test Procedure. For comparison purposes, an average fuel consumption and CO2 figure has been calculated using UK Government and SMMT report data. Actual figures will vary depending on passenger and luggage load weight, the current driving conditions, driving style, the current climate and many other factors.
Kia EV Insurance
If you currently own or are going to purchase a Kia Electric Vehicle (EV) or a Plug In Hybrid Electric Vehicle (PHEV) you can be confident that your car will receive the specialist electric vehicle cover and care it needs with Kia Electric Vehicle Insurance.
Discover a world of smart convenience and amazing sensations. The Kia e-Niro gives you instant acceleration, easy charging and long-range driving. All in the comfort of a spacious, stylish and extremely quiet cabin. And all of this with zero emissions. Sustainable driving has never felt so good.
A hybrid or self-charging hybrid car switches between petrol and electric automatically to optimise driving performance, improve fuel economy and lower emissions. Simply get in and the car generates power as you drive. No plugging in required.