We know they are better for the environment but are electric cars worth the big spend? We asked Keith Adams, editor of new and used car reviews website Parkers.co.uk.
Will an electric vehicle cost me more money?
You don’t pay tax on fully electric cars and you’ll save on fuel, but insurancecan be high and the initial outlay steep.
“Popular cars such as the Vauxhall Corsa and Peugeot 208 are both available as electric cars, but they are significantly more expensive than their petrol equivalents,” says Keith Adams, editor of Parkers.co.uk.
“However, the difference in fuelling costs are quite startling. Over 3000 miles, the e-Golf costs just under £100 in electricity to charge up, while a comparable petrol-powered Golf costs £370 in fuel.
“Any savings depends on the deal you get on the car and your usage. If you’re using it for local trips and charging at home, the financial aspect and environmental benefit make it worth considering.”
How much do home charging points cost?
“Charging points typically cost between £500 and £1000 to fit at your home,” explains Keith. “Additionally, you may have to upgrade your home electrics if they’re old and you may need an additional fuse box to accommodate one. Some manufacturers offer free wall box charging units, so it pays to shop around.” View CAR Magazine's guide to electric car charging points here.
You may also be eligible for an Electric Vehicle Home charge Scheme grant to help towards costs. For details visit gov.uk.
Will my garage bills be higher?
The good news is that maintenance costs can be cheaper for fully electric vehicles, as Keith explains.
“Typically, electric vehicles are cheaper to service than petrol because they have fewer moving parts and don’t need oil changes and other traditional mechanical checks. They’re also lighter on brakes than petrol and diesel cars. However, they do tend to wear the tyres down more quickly.”
Is a hybrid a better option?
“Plug-in hybrids give you the option of driving on battery alone for up to 30 miles and are generally less expensive than full-electric cars to buy,” says Keith. “Other hybrids that don’t need charging have less battery range, but will save you money on short journeys.”
Your guide to charging points
If you’re going on a long journey you’ll need to plan ahead. Google Maps will pinpoint charging points on your route and some cars have this function built-in. There are also phone apps you can download that will highlight charge points compatible with your vehicle, as well as checking they’re working and not already in use.
There are more than 30 different charging networks across the UK. Only a small number of charge points will allow you to pay directly with your bank card – none accept cash payment.
For most you’ll have to download the network app to pay.
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