Used electric cars are offering a cheap way into a greener future.
The Electric Car Scheme is revealing some of the UK’s most affordable EVs as new models, and a growing used market brings the price of electric cars down considerably.
Affordability remains the biggest barrier to getting behind the wheel of an EV, with 68% of Brits identifying it as an area of concern, ahead of running costs, reliability and range anxiety.
With this in mind, drivers and prospective EV owners will be pleased to see that this September, a range of EVs are available from prices under £200, especially with the reintroduction of the 2030 EV deadline.
Under £200
For £200 a month, you might be expecting to get a medium sized going out budget for a family, or if you’re in the market for an EV, it could easily cover a new Dacia Spring, which from £153 a month through salary sacrifice also leaves money left over for charging.
You could also get a used Nissan LEAF Hatchback from as little as £195 a month, compared to around £260 a month for a new model. This used market has proved incredibly popular with customers of The Electric Car Scheme, with used cars now making up nearly half of sales for the salary sacrifice provider.
Under £250
For those looking for a few more options at an affordable price point, salary sacrifice offers a wide range of EVs for less that £250 a month. In the new car market, this could be a BYD Dolphin, available from just £214 a month, as cheaper Chinese EVs enter the UK market.
On the used EV side, the range really opens up. It includes the Renault ZOE Hatchback from just £215 a month, the Hyundai IONIQ Electric Hatchback from £223 a month or even the Vauxhall Mokka-e electric Hatchback from £236 a month.
Under £300
The cost of many rail season tickets, especially those into London would easily exceed this price point which would allow you to lease four different EVs new from The Electric Car Scheme. This includes the Nissan LEAF, Mini Cooper, MG 4 and MG ZS.
Used cars once again open up the market further but also offers one of the UK’s most popular EVs, the Tesla Model 3, from just £303 a month.
The Electric Car Scheme CEO and Co-Founder Thom Groot said, “There are some fantastic deals out there for EVs at the moment, and they are only becoming more affordable as more entry level models become available and the used EV market matures. These prices make EVs accessible to a far wider section of society and income levels, something that will be key in reaching the 2030 deadline.
“We know that the main concern for drivers is, affordability, which was the biggest barrier for 68% of Brits, way out in front of any concerns around range, reliability or resale value. This is why we started The Electric Car Scheme, to make EVs more affordable and help increase uptake ahead of the coming phase-out of traditional cars.”