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Electric vehicles cost 23% less to maintain than petrols, says Cap HPI

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Electric vehicles cost an average 23% less to service and maintain over three years/60,000 miles than petrol models, research from Cap HPI has found.

The study by the automotive data expert found the gap widens for smaller vehicles: a Renault Zoe will cost £1,100 to maintain over that period, while a Vauxhall Corsa 1.0T 90 Design costs £1,497, an increase of 35.7%.

The research found the Nissan Leaf costs £1,197 to maintain over three years, 19% lower than the Volkswagen Golf 1.0TSI 110 SE at £1,429.

Chris Plumb, senior valuations editor at Cap HPI, said: “An electric car motor has far fewer moving parts than a petrol or diesel engine.

“They also benefit from gentler driving styles that lead to lower wear and tear of brakes and tyres.

“While the purchase price is often higher at the moment, but coming down all the time, drivers will find an EV much cheaper to run with significantly lower costs to charge rather than visit the pump and lower maintenance costs.”

The number of electric vehicles on Britain’s roads has leapt 128% since 2015, according to research by Cap HPI.

The study compared April 2018 to April 2015 and found there are 21,019 more electric vehicles.

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  • Ben - 09/08/2019 10:31

    Interesting article, however when comparing maintenance budgets on electrics vehicles vs. internal combustion engines do they take into account the tyre budgets associated to these vehicle as well? Something tells me not & in fact the % difference between both would be a finer margin. Also poor to compare a Nissan against a Volkswagen as vehicles have different labour rates & parts costs, also furthermore both could be on completely different service regimes.

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