Are electric cars expensive?

ULEVs do tend to have a higher list price than their petrol or diesel counterpart if you were planning to buy them outright due to the technology involved. However, we believe salary sacrifice is one of the cheapest ways to drive an electric car due the tax savings and low company car tax for electric cars. When you look at the cost of them on the scheme, the monthly amount is often lower due to the savings made through Benefit in Kind tax as they have a much lower CO2.

Plus, running an electric vehicle can offer savings of around £100 per 1,000 miles depending on the vehicle and driving conditions due to the fuel savings you can make.

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