New vs used: The biggest EV cost savings revealed

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Gareth Herincx

3 days ago
Auto News

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Motorists could save up to 67% when buying a second-hand electric vehicle, a new study has found.

The Nissan Leaf is the EV that offers the most purchase price saving when buying used versus new, costing less second-hand (£21,799), according to the car insurance team at Comparethemarket.com.

The Renault Zoe and Kia Soul also offer high purchase savings when comparing new and used models, with average savings of 66% and 47%, respectively

However, 20% of EV models analysed are more expensive to buy used than new, with the Citroen E-C4 offering the least savings of all

Highest savings: New vs used EVs

Car

Price (£)

Price difference between new and used models

Make & model

Average price of new car

Average resale price

%

£

1

Nissan Leaf

£32,720

£10,921

-67%

-£21,799

2

Renault Zoe

£30,995

£10,452

-66%

-£20,544

3

Kia Soul

£35,945

£18,905

-47%

-£17,041

4

Jaguar I-Pace

£72,000

£42,336

-41%

-£29,664

5

BMW i3

£33,805

£20,327

-40%

-£13,478

6

DS3 CROSSBACK

£37,370

£25,311

-32%

-£12,059

7

Vauxhall Corsa-E

£32,433

£22,685

-30%

-£9,748

8

Tesla Model 3

£54,990

£38,546

-30%

-£16,444

9

Kia Niro EV

£39,995

£29,417

-26%

-£10,578

10

MG5

£32,245

£24,876

-23%

-£7,369

When purchasing a second-hand vehicle, drivers should bear in mind that if the vehicle is over three years old, the car will need an annual MOT.

It is also worth considering that although the upfront costs are cheaper, there will be additional costs associated with older vehicles, including the increased servicing needs and potential repairs needed, in comparison to a brand new model.

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Gareth is a versatile journalist, copywriter and digital editor who’s worked across the media in newspapers, magazines, TV, teletext, radio and online. After long stints at the BBC, GMTV and ITV, he now specialises in motoring.

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Renault’s drive for clean school air

Gareth Herincx

1 day ago
Auto News

More than half of drivers would be willing to take a different route on their regular commute, if it meant avoiding and reducing congestion outside schools, claims new data.

This congestion, which leads to vehicles sitting with their engines running (also known as idling), is a key contributor to poor air quality – and there are more than 8,500 schools, nurseries and colleges in England, Scotland and Wales located in areas with dangerously high levels of pollution.

The findings, which form the latest part of Renault’s ongoing “Be Mindful, Don’t Idle” campaign, also revealed that a third of motorists (37%) said they know of a different route which doesn’t involve driving by a school, while 39% said the reason for not driving a different way to avoid a school was because they do a set route.

Despite the improvement in air quality that could be achieved through such a detour, 62% of drivers who had an alternate route to avoid a school said they don’t take it as it adds more time to their journey.

“Be Mindful, Don’t Idle” 

An idling engine contributes the equivalent of 150 party balloons-worth of emissions unnecessarily into the atmosphere every minute.

Renault found idling during the school drop-off and pick-up is more common in urban areas – with 50.1% admitting to doing it – compared to 12% in rural locations. More than 28% of people of those who admitted to idling said they leave their engines running for 6-10 minutes.

Renault's drive for clean school air

Renault is a pioneer of zero-emission all-electric vehicles and is now Europe’s number one manufacturer for electric cars and vans.

In total, it sold more than 115,000 EVs across the continent in 2020, with the Zoe E-Tech 100% electric becoming the best-selling electric car (sales of more than 100,000).

It has broadened its electrified offering further to include the Renault Captur and Mégane Sport Tourer E-Tech plug-in hybrids as well as the Clio, Captur and All-New Arkana E-Tech hybrid.

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