Understanding the Depreciation of Electric Cars
Electric vehicles (EVs) often experience rapid depreciation, with values sometimes plummeting by as much as 50 percent within the first year. This can be concerning for new buyers, but it presents a fantastic opportunity for those looking to snag a great deal on a used electric car.
Concerns regarding the longevity of electric car batteries are diminishing, especially as demonstrated by our test of a decade-old Tesla Model S that has clocked over 250,000 miles. Remarkably, it still retains 84 percent of its original battery capacity. This impressive performance, combined with regular software updates that not only resolve issues but also introduce new features long after the vehicle has been sold, helps explain why the Tesla Model S and the more compact Model 3 rank among our top recommendations for used electric cars in the UK.
When considering the purchase of a used electric vehicle, it’s crucial to remember that if the car has been properly maintained, its battery is likely still covered under the original eight-year warranty. This warranty ensures that if the battery or any related components fail within that timeframe, the manufacturer will handle repairs or replacements at no cost to you. Additionally, the two Kia models on our list continue to offer the remainder of their seven-year warranty for second-hand buyers.
As with any used vehicle, the condition and service history of the car are paramount. Take the time to thoroughly inspect the vehicle and verify its background, and don’t overlook the importance of reading reviews of the seller. Proceed with the purchase only when you feel entirely confident, and get ready to enjoy the smooth ride, comfort, and low running costs that electric vehicles are known for.
Tesla Model 3
The Tesla Model 3 has revolutionized the electric vehicle market by providing an exceptional blend of range, performance, and advanced features, making it one of the most sought-after electric cars in the UK. Available in several variants, some of which can achieve an impressive 348 miles on a full charge, it is perfect for individuals requiring a vehicle capable of longer journeys.
Inside, the Model 3 showcases a minimalist yet modern design, highlighted by a large touchscreen that controls most of the vehicle’s functions. The materials used are of high quality, creating a spacious feel despite the car’s compact size.
While the car has generally proven reliable, earlier versions did encounter issues such as inconsistent body panel gaps and paint quality concerns. However, Tesla has made significant improvements in manufacturing, particularly in models produced in China and later in Berlin.
The Model 3 offers a comfortable driving experience with supportive seats and a quiet cabin. Although the suspension is on the firmer side, it contributes to the car’s impressive handling, making it enjoyable to drive. Operating costs are low due to minimal maintenance requirements and the convenience of Tesla’s Supercharger stations, which facilitate longer trips. Additionally, the Model 3 benefits from low road tax, making it an intelligent choice for both personal and work-related use, though insurance premiums can be comparatively high. If purchased through Tesla’s Certified Pre-Owned program, buyers will receive the latest software updates, including Enhanced Auto Pilot self-driving features.
BMW i3
The BMW i3 was a pioneer in the electric vehicle landscape, offering a unique and attractive option for environmentally conscious consumers who appreciate modern aesthetics. Launched in 2013, the i3 stood out with its distinctive design, featuring rear-hinged doors and an interior crafted from recycled and natural materials.
Despite its compact size, the i3 provides a spacious interior, enhanced by a flat floor and upright seating. Known for its reliability, the i3 has few reported major issues. However, earlier models had limitations in range, particularly those achieving around 100 miles per charge. Newer versions, including those equipped with a Range Extender (a small engine that assists in charging the battery), offer slightly improved range but still fall short compared to contemporary electric vehicles.
This vehicle excels in urban environments, where its small size makes driving and parking a breeze. Though the sportier i3S variant may deliver a stiffer ride on uneven roads, it remains a solid choice for daily driving, combining practicality with enjoyable acceleration.
The i3 is economical to operate, with low maintenance and energy costs. As a used vehicle, it often commands a premium price, reflecting BMW’s reputation for quality craftsmanship. While it may not be the best choice for long-distance journeys or those requiring extensive range, it’s an excellent option for city dwellers who appreciate its distinctive design and eco-friendly ethos.
Kia Niro EV
The Kia Niro EV has quickly gained popularity as a versatile electric SUV, sharing many components with the Hyundai Kona Electric while offering a more conventional design. Its impressive driving range, practicality, and overall value have made it a top choice among UK consumers.
A standout feature of the Niro is its impressive range; the 64kWh variant can travel up to 282 miles on a single charge, making it ideal for long commutes or extended journeys. The Niro is well-constructed, exuding a solid and durable feel akin to other recent Kia offerings.
With ample space for passengers and luggage, it’s a sensible choice for families and ride-share drivers alike—just ensure that any used model you consider has been well maintained. The infotainment system is user-friendly and includes essential features such as Apple CarPlay and Android Auto.
The Niro offers a smooth and comfortable ride, effectively absorbing bumps in the road. Its seats are both soft and supportive, enhancing comfort during longer trips. As expected from an electric vehicle, operational costs are low, and it comes with Kia’s seven-year warranty, which is transferable to new owners. Coupled with Kia’s growing reputation for reliability, the Niro EV stands out as a compelling option for used electric car buyers.
Nissan Leaf
The Nissan Leaf has long been a staple in the electric car market, recognized as one of the best-selling EVs in the UK. Since its debut in 2010, the Leaf has undergone substantial enhancements in terms of range, performance, and features.
The latest 62kWh e+ model can achieve up to 239 miles on a full charge, making it suitable for a variety of driving needs, including longer commutes. The Leaf’s reputation for reliability is well-established, with many older models still performing admirably. Its simple electric motor system minimizes potential issues, and the interior, while not overly luxurious, is practical with ample space for passengers and a generous boot, making it family-friendly.
The ride is smooth and quiet, providing a comfortable experience even on lengthy journeys. Although not designed for sporty performance, the Leaf handles urban traffic with ease, making it especially convenient for city driving.
With low running costs and minimal maintenance requirements, the Nissan Leaf remains a dependable, practical, and budget-friendly electric vehicle that continues to hold its value in the used car market.
Jaguar I-Pace
The Jaguar I-Pace is a stunning electric SUV that has garnered accolades, including the prestigious World Car of the Year award. It has received widespread acclaim for its blend of speed, comfort, and cutting-edge technology. As Jaguar’s inaugural electric vehicle, the I-Pace has set a high benchmark in the industry.
It boasts a claimed range of up to 292 miles on a full charge, although some drivers report slightly lower figures. Its powerful performance, luxurious interior, and sleek design make it one of the most appealing electric vehicles available, particularly now that prices have become more accessible.
The I-Pace is built to a high standard, as expected from Jaguar, featuring premium materials such as leather and soft-touch plastics that create an upscale atmosphere—qualities that have stood the test of time.
The interior design is modern and intuitive, equipped with a digital display and dual-screen infotainment system that is both aesthetically pleasing and user-friendly. There is ample room for passengers and cargo, making it a practical choice for those desiring both performance and functionality.
Comfort is a hallmark of the I-Pace, with a smooth ride facilitated by its sophisticated suspension system. Some models even feature air suspension for added luxury. The I-Pace truly excels in its driving dynamics—equipped with dual electric motors and all-wheel drive, it delivers immediate power and accelerates with impressive speed, rivaling many sports cars. The precise steering and balanced handling make it a joy to drive, despite its size and weight.
While the I-Pace is not the cheapest to maintain, its performance and luxury justify the costs. Jaguar’s reliability record may raise some concerns, but the I-Pace is manufactured by Magna in Austria, which may enhance its long-term quality compared to some UK-built Jaguars.
MG 4
The MG 4 has transformed public perceptions of electric vehicles, showcasing how a historic car brand can be revitalized. Once synonymous with small sports cars, MG is now under Chinese ownership and primarily focuses on producing family-oriented electric vehicles that offer exceptional value for money.
The MG 4 is available in two trims—SE and Trophy—with an impressive official range of between 218 and 323 miles, depending on the variant. With its bold and sharp styling, it is available in vibrant colors that might remind one of luxury sports cars.
Fortunately, the MG 4 delivers on its eye-catching design, and we rated the Trophy version a remarkable 9 out of 10 for its outstanding value, enjoyable driving experience, and stylish appearance. Visibility is generally good, although the rear window’s sloped design can make it challenging to see directly behind. However, the car comes with cameras and sensors to assist with reversing.
Charging is quick and efficient—using a 150kW fast charger, the battery can go from 10 to 80 percent in just 35 minutes, while a 7kW home charger takes approximately 8.5 hours for a full charge. Used MG 4s are available at competitive prices, often under £17,000, compared to new models priced between £27,000 and £36,500. For example, we found a 2022 model with only 13,000 miles for just £15,000.
Volkswagen ID.3
The Volkswagen ID.3 marks a significant milestone for VW as its first all-electric vehicle, designed from the ground up on a platform specifically intended for electric cars. It aims to be an accessible and practical option with a contemporary design that appeals to a diverse audience.
The Pro S variant can achieve up to 340 miles on a full charge, ranking it among the best in its class for range, making it suitable for both urban and longer-distance travel. Some of the initial ID.3 models fell short of the high standards traditionally associated with Volkswagen interiors, with materials that felt less premium than what Golf drivers might expect. However, the spacious cabin provides ample room for both front and rear passengers, along with a generously sized boot, making it a practical family vehicle.
The ID.3 offers a comfortable driving experience, with a smooth ride that effectively absorbs road imperfections. The supportive seats enhance comfort, even on extended journeys, and the quiet operation adds to the overall enjoyable driving experience. While it may not be a sports car, it remains fun to drive, with light and responsive steering, along with quick acceleration, especially in the more powerful models. Notable design elements, such as play and pause symbols on the pedals, add a playful touch.
Operating costs are low, as is typical for electric vehicles. Volkswagen’s reputation for reliability further adds to its appeal, making the ID.3 a smart choice for anyone considering a used electric car.
Tesla Model S
The Tesla Model S was the first vehicle from Tesla sold in the UK and set an incredibly high standard for electric cars. It combines an impressive range, exceptional performance in certain variants, and cutting-edge features within a sleek and stylish design.
The Long-Range version can travel up to 405 miles on a full charge, making it a prime choice for long-distance travel. Its affordability has improved, and some models still come with complimentary Supercharging options.
Recent developments in manufacturing quality have addressed earlier concerns regarding panel alignment and interior assembly issues. Inside, the Model S boasts a minimalist and modern design, featuring a large central touchscreen that manages nearly all vehicle functions. The spacious interior provides ample room for both passengers and cargo.
Comfort levels can vary; some versions feature a firmer ride, but the ergonomically designed seats provide excellent support. The cabin is exceptionally quiet, with minimal road or wind noise, contributing to the feeling of luxury.
Driving the Model S is an exhilarating experience, as it features dual electric motors and all-wheel drive, allowing for instantaneous power delivery and acceleration comparable to many sports cars. The steering is sharp, and the low center of gravity enhances balance, making it impressive for a vehicle of its size.
When compared to gasoline or diesel vehicles with similar power, the Model S is cost-effective to operate, with low charging costs. Tesla’s Supercharger network simplifies long-distance travel, and the regular software updates keep the vehicle’s features up to date, enhancing its value over time.
Vauxhall Corsa Electric
The Vauxhall Corsa Electric presents an excellent option for buyers in search of a reliable and practical used electric car. Its compact design makes it easy to maneuver in urban settings, and it has garnered positive feedback from owners for its smooth and quiet performance compared to traditional petrol vehicles.
The Corsa Electric is generally regarded as dependable, with the electric motor exhibiting minimal known issues, and the battery typically maintains a respectable range over time. Vauxhall offers an 8-year or 100,000-mile warranty on the battery, providing added reassurance to potential buyers.
The build quality feels solid, both inside and out. However, some users have noted that the interior materials may not match the premium feel found in competitors like the Peugeot e-208. The infotainment system is functional but can be sluggish, especially in older models.
Overall, Corsa Electric owners appreciate its affordability, ease of driving, and compact size, which simplifies parking. The car’s range is generally adequate for daily commutes and regular use.
Kia EV6
The Kia EV6 is another worthy contender, particularly due to its remaining seven-year warranty that used buyers can benefit from. This sporty, spacious hatchback has attracted many luxury car enthusiasts to the Kia brand.
Its stylish design and high-tech interior are significant draws, although some may find the front headroom slightly limited. Nevertheless, the rear seats provide ample space, and the boot is reasonably sized, making it a practical option for various needs.
Kia’s quality has improved markedly, and the EV6 exemplifies the brand’s progress. Its reputation for reliability is also becoming increasingly solid.
When considering options, it’s advisable to opt for the rear-wheel-drive model for the best balance of value and driving range, as the faster all-wheel-drive variants may not be necessary for most drivers. The EV6 remains an enjoyable driving experience, although its heavier weight can result in a firmer ride.
Fast charging capabilities at public charging stations are a significant advantage. Even the base EV6 models come equipped with a robust array of features and essential safety technologies. While it may not be among the cheapest used electric cars, the long warranty offers peace of mind regarding future repairs compared to other models.