Which Electric Car Should I Buy?

man using his phone to research which electric car to buy

Whether you’re switching to an electric vehicle for the first time or upgrading your eco-friendly ride, you’ll want to make sure you’re making the right choice. That’s why “which electric car should I buy” is such a common query amongst drivers from all backgrounds.

In truth, which electric car you should buy depends on your budget and what you’re looking for in a car. To make things easier, we’ve put together a list of the top picks for range, space and budget.

Which electric car should I buy for range?

Range is arguably the most sought-after feature for electric vehicles. With a higher range, you can go further on one charge, eliminating the need to search for charging points or stop along the way. While electric cars used to be limited to 100-200 miles, it’s not uncommon to see models with a range in excess of 300 miles today. Here are two of the best options…

Mercedes EQS

The Mercedes EQS has an impressive maximum range of 485 miles – more than double some other electric cars. The 450+ model has a 107.8kWh battery paired with a low coefficient of drag, meaning it slides through the air with minimal resistance. Inside, you’ll have plenty to keep you happy during your 400+ miles of driving, as this EV somehow balances luxury with minimalism.

Tesla Model S

Mercedes takes second place as well as the top spot for range, with the EQE achieving a maximum of 410 miles. However, that’s closely followed by the Tesla Model S at 405 miles for its 100kWh Long Range model. Topped off with a 0-60 time of 3.1 seconds, the Model S pips its Mercedes counterpart when it comes to performance – though it can’t quite match the luxury interiors.

BMW iX

With its top-of-the-range xDrive 50 model, the BMW iX offers a maximum mileage of 380 miles from a full charge of its 105kWh battery. But unlike the Tesla and Mercedes offerings, this electric car is an SUV. That means you get the higher roofline, driving position and even more storage at the back.

What about space?

Whether you’ve got a large family, an insatiable love of camping, or a mixture of the two, spacious electric cars are a good way to balance your room-requiring lifestyle with an eco-friendly drive. Which electric car should you buy for space? Here are some options with nine, seven and five seats…

Vauxhall Vivaro-e Life 

If you’re looking for space and happy to sacrifice style, the Vivaro-e Life is definitely the answer. One of very few electric minivans, the car can sit up to nine passengers with plenty of configuration options. The second row of seats can be faced backwards for a conference vibe, with the option to remove the seats further back to maximise on luggage space.

Tesla Model X

If you want to pair space with style, the Tesla Model X is the car for you. Available with seven seats, this SUV is a unique offering if you’re wondering which electric car you should buy for plenty of passengers. A sliding middle row of seats makes it easier than most cars to get into the back two spaces. That’s all topped off with ‘Falcon Wing’ rear doors that lift from hinges at the top so it’s a breeze to get in and out.

Audi Q4 e-tron

We’ve looked at a nine-seater and seven-seater. But what if you just want a five-seater with plenty of room? That’s where the Audi Q4 e-tron excels. A flat floor provides plenty of room for your feet, paired with plenty of headroom up top. That’s complemented by 520 litres of boot space with the seats up.

Which electric car should I buy on a budget?

It has to be said – whichever electric car you buy, it’s going to be more expensive than a similar model powered by petrol or diesel. If you want to keep costs down as you go greener, you’re in luck. Check out these three budget-friendly options, starting small and working up to a compact SUV…

VW e-Up

The Volkswagen e-Up is available from around £22,000 new, or as little as half that price for a used model. It’s a relatively affordable option that provides up to 130 miles from a full charge, with room for four people and five doors as standard. The result is a practical car for urban driving, commuting and even shorter road trips.

Nissan Leaf

Need a touch more space? The Nissan Leaf offers a good balance of budget, space and range. Pioneers in the EV game, Nissan has been able to tweak and improve its offering while other manufacturers were still getting to grips with technology. The Leaf provides room for five adults with a decent boot size, plus as much as 168 miles for its 40kWh model. Cost-wise, it comes in at about £27,000 brand new – and much less used.

MG ZS

You don’t have to go for a hatchback or supermini when you’re wondering which electric car you should buy on a budget. The MG ZS EV is available for just a tiny amount more than the Nissan Leaf at £27,500 – including the higher driving position and spacious interiors that come with an SUV. Even better, it provides up to 273 miles of range from a full charge, putting it head and shoulders above some of its budget counterparts.

Buying your chosen electric car

Which electric car should you buy? There are some great options for range, space, budget or a mixture of the three. Make sure you do your research and check reviews from people who’ve been behind the wheel, so you can get a better idea of its real-world performance.

Once you’ve decided, the next question is how to finance your purchase. Not many drivers have the money to purchase a car outright, never mind those with the extra up-front cost that electric brings.

Thankfully, My Car Credit can make things easier. Check your car finance eligibility online in a matter of minutes, then let us compare deals from a huge network of trusted lenders. You’ll get an affordable deal with manageable monthly payments to spread the cost of your electric car.

Rates from 9.9% APR. Representative APR 10.9%

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*for illustration purposes only

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Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

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8 of the Most Economical Cars to Help You Save Money

Manin yellow top in a convertible car

With high inflation outstripping wage and benefit increases, the UK is going through a serious cost of living crisis. As a result, people are looking to cut costs in every area of their lives – and driving is no exception.

Economical cars can help you do that, saving you on fuel or even road tax over time. While it might seem like a small amount, every penny and pound will count as we all feel the squeeze over the coming months and years.

Keep reading as we look at 8 of the most economical cars that can make driving more affordable.

Most economical electric cars

First and foremost, electric vehicles account for many of the most economical cars on the market. That’s because they’re exempt from road tax thanks to zero emissions, cheaper to run because of fewer moving parts, and cheaper to power with electricity costing less than diesel or petrol.

On the flipside, they’re obviously more expensive to buy. That’s where a car loan finance calculator can help, showing you how the cost can be spread. To make things even more economical, here are some of the cheapest models available…

Fiat 500 Action

Priced at around £21,000 brand new, the Fiat 500 Action is one of the cheapest electric cars available. That’s partly down to its smaller 24kWh battery (compared to 42 kWh on previous models). As a result, the range is a modest 118 miles, making it ideal for urban commutes, short trips and general day-to-day use as long as you have a home charger.

Vauxhall Corsa-e

If you’re looking for something that can go a little further, the Vauxhall Corsa-e is a good option. The supermini’s official range is 222 miles, with prices starting around £25,000 brand new. It’s nice and lightweight so the charge won’t be used up unnecessarily. Naturally, with both of these cars, there’s a lot of money to be saved going for a used, older model.

Most economical hybrid cars

If you’re not ready to be plugging in just yet, or maybe you live in a remote area where chargers aren’t readily available, hybrids offer a good alternative. They use regenerative braking to generate electricity while driving, meaning you can supplement fuel from the pump without any extra work.

Toyota Yaris (and Yaris Cross)

Toyota is leading the way when it comes to hybrid efficiency. Both its Yaris 1.5 Hybrid and Yaris Cross 1.5 Hybrid offer around 60mpg on average.

The standard Yaris is smaller and cheaper to buy, making it the most economical hybrid car that’s ideal for individuals, couples or small families. As a small SUV, the Yaris Cross provides all that, plus a little extra space and the sought-after SUV styling – albeit at a little extra cost.

Elsewhere, the Toyota Prius is another top contender. While it doesn’t quite match the Yaris for fuel-efficiency, it’s been around for much longer, meaning there are a greater choice of older, used vehicles at a cheaper price.

Most economical diesel cars

While cars that are powered solely by fuel burning can’t quite match the efficiency of electric and hybrid models, they’re still some of the most economical cars, thanks to their lower price tags. Of the two fuels, diesel is known for its better fuel economy – making the next two cars a pretty good option overall…

Peugeot 208

With a 1.5-litre BlueHDi diesel engine, the Peugeot 208 achieves around 70mpg. Despite being a relatively small car, its five-door design makes it easy enough for rear passengers to get in and out. Its 311 litres of boot space makes it similar to other small cars, with the option to fold down rear seats for a 1,100 litre total.

Vauxhall Corsa

A second mention for the much-loved Vauxhall Corsa – this time for its 1.5 Turbo D model rather than its electric counterpart. It’s almost a carbon copy of the Peugeot 208 with the tiniest difference in mpg and boot space. That said, it does have a more responsive drive, meaning you can go economical without feeling it on every corner.

Most economical petrol cars

Out of all the fuel options, petrol is typically the least efficient – but that doesn’t necessarily mean it’s not economical. There are plenty of petrol cars to choose from with small engines, which makes them cheaper to buy and run. By choosing a smaller petrol car, you can still get from A to B at a relatively low cost.

Peugeot 108

First on sale in 2014, the Peugeot 108 is the quintessential economical car. It has an official mpg of just under 59mpg, thanks to a modest 1-litre engine and small, lightweight design. That does pose some issues for practicality, with the car and its 180-litre boot more suited to people travelling alone or as a pair. However, if you’re looking to cut costs, it’s hard to go better than this reliable city car.

Citroen C1

Like our top diesel contenders, we have another case of two similar cars matching each other stride for stride. The Citroen C1 is another economical car powered by petrol, with the same mpg as Peugeot’s city car – though it does come with a slightly bigger boot.

Keep your car economical

With the cost of fuel at an all-time high, not to mention everything else rising in price, it’s never been more important to have a car that’s economical to run. Invariably, that means you’re better off with newer models that are more fuel-efficient.

With My Car Credit, you can make your purchase as economical as your up-to-date car. We compare finance from our established network of lenders, saving you time while ensuring you get an affordable deal that spreads the cost of your next car.

If you have any questions about our process, don’t hesitate to contact our team on enquiries@mycarcredit.co.uk and we’ll get back to you as soon as we can.

Rates from 9.9% APR. Representative APR 10.9%

Evolution Funding Ltd T/A My Car Credit

My Credit Rating

Excellent

  • You are a home owner
  • You have been on the electoral role for a long period of time
  • You have current credit arrangements and mortgage with no defaults
  • You have no CCJs, credit arrears or missed payments
  • You rarely apply for credit
  • You are employed or self-employed

Good

  • You are on the electoral role
  • You are a home owner or long standing tenant
  • You have a stable employment history
  • You have current credit arrangements with occasional missed payments
  • You have no CCJs

Fair

  • You are or have recently been on the electoral role
  • You may have recently changed address
  • You may have occasional missed payments
  • You may have an old CCJ
  • You may have regularly applied for credit

Poor

  • You may have had frequent changes in address
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Bad

  • You may not be traceable on the voters roll
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  • You may have been refused credit elsewhere
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£

X monthly repayments of
£X

Typical rate

Loan amount

Total payable

X% APR*

£X

£X

*for illustration purposes only

No impact on your credit score*

Representative Example

Borrowing £7,500 at a representative APR of 10.9%, annual interest rate (fixed) 10.87%, 47 monthly payments of £191.50 followed by 1 payment of £201.50 (incl. estimated £10 option to purchase fee), a deposit of £0.00, total cost of credit is £1,702, total amount payable £9,202.

Evolution Funding Limited, trading as My Car Credit, is a credit broker and not a lender.

Please ensure you can afford the repayments for the duration of the loan before entering into a credit agreement.

*Initial application is a soft search. Should you progress, some lenders may perform a hard search on your credit file.

Require more help?

Got a question you can’t find the answer to, or need some advice and guidance around taking out car finance? Our Car Credit Specialists are friendly, experienced, and here to help so get in touch today!