Over the last ten years, mass produced electric cars have come a long way. This has brought the prices down, making many people’s dream of owning an electric car closer to reality. However, the market is still not as saturated as the petrol and diesel offerings, so it can be tricky to get a good second hand deal. Here’s what you need to know to find the cheapest electric car…
Car Brands Are Working Hard To Bring The Prices Down
Although some companies, such as Tesla, work to create the most high-tech and innovative electric cars (with a price tag to match), other brands are working to make electric vehicles more mainstream. With governments all over the world bringing in legislation which will phase out petrol and diesel car production within decades in some countries, it is in car manufacturers’ interests to build electric cars for a range of budgets.
That said, electric car batteries still contain metals which are expensive to source and manufacture, and because many electric cars are reliable and a pleasure to drive, there aren’t as many second hand cards available.
What To Think About When Searching For The Cheapest Electric Car
When you purchase an electric car, the initial outlay is still likely to be more than for a similar-aged petrol or diesel car. However, there are two main areas where you can save money with an electric car:
- Fuel. Of course, with an electric car you won’t have to top up with expensive fossil fuels. Instead, you can charge your car at home using your own electricity supply. This is much cheaper, and can be cheaper still if you use a tariff which is cheaper overnight, or if you gain much of your electricity supply from solar panels.
- Maintenance work. As has been mentioned, electric cars are reliable. They experience less breakdowns because they have fewer moving parts than their petrol and diesel counterparts. While most electric cars will eventually need a battery replacement, the motor itself is likely to last much longer than a standard gasoline engine.
With these two points in mind, you may find that you can shell out a little more on an electric vehicle.
Where To Start Your Search:
When you are looking for the cheapest electric car, it is important to balance what you require from your vehicle against how much you are willing to spend. For example, if your electric car is just going to be used for travelling short distances (such as nipping into town or for the school run), you will be able to look at the cheapest end of the market. If you will need your car to travel for longer distances, you will need a car with a longer range – which will then increase your costs.
Start by searching these places for your car:
- Autotrader.co.uk – the biggest car buying and selling website in the UK, with a huge database of vehicles.
- Evans Halshaw or another garage near you. Make sure you research prices of second hand electric cars before visiting, so that you have an idea of price and can get the best deal.
- Ebay.co.uk – if you know what you are looking for, you can pick up a great deal on ebay, Facebook or Gumtree.
The Cheapest On The Market…
Here are some of the cheapest options available right now:
- The Renault TWIZY. Starting from only £6,690 brand new, this is the cheapest new option on the market right now. However, with that comes a maximum speed of 50mph and a fully charged range of around 50 miles. The cost of charging the battery from empty is only £1 according to Renault – which will make this an extremely cheap option to maintain. This is a city car option; it’s small and perfect for short journeys.
- If you’re looking for a second hand car, the Renault Zoe and the Nissan Leaf are available from around £7,600. These are both roomier cars which allow for families and shopping, and have ranges of around 100 miles from fully charged.
- For an electric car that doesn’t drive like an electric car, the Volkswagen e-Golf is available second hand for around £16,000. It can cruise well on a motorway at 70mph, and has an average range of around 125 miles.
If you buy one of these cars on a pay monthly basis, you can get a deal for as little as £150 per month.
As with any purchase, it is vital that you do your research first and make sure that the car you are buying is safe, reliable and good value for money.
When You’ve Bought Your Electric Car…
You’ll need somewhere to charge it. Getting a designated home charge point is the safest, most convenient way of charging your electric car. At RES-EV, we can:
- Help you access the available government grants for fitting your charge point,
- Give you advice on which charge point will be best for you and your budget,
- Install your new charge point following a free site survey and no-obligation quote.
Our trusted, highly skilled electricians are experienced at fitting charge stations in Cheshire, the North West and beyond. Simply get in touch today to get started.