Cost of motoring

Are electric cars cheaper to service than diesel models? We investigate

Are electric cars cheaper to service than diesel models? We investigate

In the autumn 2017 budget, the government dangled more carrots to entice drivers to switch to electric cars. It promised not to tax those who charge their cars for free at work. It also said there would be £400m for additional charging points and revealed increases in Vehicle Excise Duty (road tax) for new diesel cars.

The incentives are intended to accelerate the drive toward electric cars that emit no emissions. Even so, most drivers still have practical questions over the suitability of battery powered vehicles and, importantly, their running costs.

One of the most significant running costs of any car is the price of servicing. And manufacturers of electric models often highlight how much cheaper they are to maintain than a comparably priced diesel car. But are there really savings to be made? And how often do they need to be serviced? We investigate. Continue reading

Why electric cars cost more to insure

Why electric cars cost more to insure

By 2040 the government expects all new cars on sale in Britain to be either electric or hybrid. But drivers who want to embrace these cars for their low emissions had better prepare themselves for an electric shock with a difference: high insurance bills.

A study of electric cars currently on sale has shown that drivers who want to ‘go green’ will have to pay 45 per cent more for insurance than the average motorist.

It means the rising number of drivers buying electric cars could see any potential savings, such as lower ‘fuel’ bills, wiped out by costly cover. So far this year, sales of electric vehicles (EVs) have risen by 37 per cent over 2016. Here’s what drivers need to know before switching to an electric car.

Electric cars: are they more expensive to insure? Continue reading