Is it worth buying a used electric car in the UK?
Buying a second-hand electric vehicle (EV) can be a great way to save money while enjoying the benefits of zero-emission driving. EVs generally have fewer moving parts than petrol or diesel cars, meaning less wear and tear and lower maintenance costs. Benefits of Buying a Used EV EVs as a whole are much cheaper to maintain and have lower running costs because they don’t need oil changes and have fewer moving parts. EVs are cheaper to run than their petrol or diesel powered equivalents – especially if you charge overnight with an EV specific energy tariff.A recent AAA survey revealed that the top motivators against buying EVs included high purchase prices, range anxiety, and a lack of public charging stations—among others. Many automakers, including Toyota, see plug-in hybrid-electric vehicles as the best interim solution.EVs Are Too Expensive Moreover, all cars are much more expensive now than they once were. Electricity is cheaper than gas, and EVs are highly efficient, so driving an electric car will cost you much less per mile than driving a gas-powered vehicle.A new survey from the AA reveals many drivers feel resistant towards owning an EV – although 73 percent have yet to experience one. Government policy on electric cars is not encouraging British drivers to buy them, says new research undertaken by the AA.
Why are second-hand electric cars so cheap in the UK?
As the owner of a secondhand EV, I think there are two additional reasons why the secondhand market for EVs is becoming more competitive. One is that newer models often have more range and kit, so even models from 2021 or 2022 are discounted. Why Is Leasing an EV a No-Brainer? Leasing an EV offers lower upfront costs, affordable monthly payments, and flexibility to upgrade to newer models as technology advances.Electric cars are increasingly targeted by thieves due to their high value and advanced technology, making security crucial for salary sacrifice drivers who’ve upgraded from older vehicles.
How much does it cost to drive 100 miles in an electric car in the UK?
At the time of writing this (August 2022) the average UK electricity price is approximately 22. Wh* and an EV will typically travel about 4 miles per kWh, so to travel 100 miles would cost around £5. The average cost of an EV battery usually works out as £87 per kWh (in 2021). For example, the Model 3 Long Range model has a 75kWh battery so will likely cost around £6,525 to replace. These prices will vary, so make sure you check with a trusted supplier to get the most accurate cost.