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Electric cars cost less to service
Service and maintenance costs for electric cars are 23% lower on average than for equivalent petrol vehicles over three years and 60,000 miles, new research has found.
The research was conducted by leading car industry data analysts CAP HPI and found that for smaller cars the gap is even bigger.
“An electric car motor has far fewer moving parts than a petrol or diesel engine,” Chris Plumb, the company’s Senior Valuations Editor, said. “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 is coming down all the time), drivers will find an EV much cheaper to run with significantly lower charging costs, compared to visiting the pump, and lower maintenance costs.”
The study also noted that the number of electric vehicles in use increased by 128% - or 21,019 vehicles – in the three years to April 2018.
The number of electric vehicles on Britain’s roads has leapt 128% since 2015, according to the company’s research. The study compared April 2018 to April 2015 and found there are now 21,019 more electric vehicles in use. In total, there are now 37,483 electric vehicles on the road today.
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Registered Office - Airport House, The Airport, Cambridge, CB5 8RY.
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Marshall Motor Group Limited is authorised and regulated by the Financial Conduct Authority. Our firm reference number is 310503.
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Marshall Motor Group Limited is a credit-broker not a lender.
All of the following companies are individually authorised and regulated by the Financial Conduct Authority with a Limited Permission for credit broking. Each company is a credit broker not a lender: Astle Limited; Crystal Motor Group Limited; Marshall North West Limited; Marshall of Ipswich Limited; Marshall of Peterborough Limited; Marshall of Scunthorpe Limited; Marshall of Stevenage Limited; and Silver Street Automotive Limited. All of the following companies are Appointed Representatives of Marshall Motor Group Limited for credit broking: Pentagon Limited; Ridgeway Bavarian Limited; Ridgeway Garages (Newbury) Limited; S G Smith (Motors) Crown Point Limited; S G Smith (Motors) Sydenham Limited; and S G Smith (Motors) Beckenham Limited.
We may receive a commission from our lenders for arranging finance for you. For further information on our commission arrangements please see our Finance Commission Disclosure Statement
Marshall Motor Group Limited is authorised and regulated by the Financial Conduct Authority to conduct insurance distribution as an ancillary insurance intermediary. All of the following companies are Appointed Representatives of Marshall Motor Group Limited for the purposes of insurance distribution: Astle Limited; Crystal Motor Group Limited; Marshall North West Limited; Marshall of Ipswich Limited; Marshall of Peterborough Limited; Marshall of Scunthorpe Limited; Marshall of Stevenage Limited; Pentagon Limited; Ridgeway Bavarian Limited; Ridgeway Garages (Newbury) Limited; S G Smith (Motors) Crown Point Limited; S G Smith (Motors) Sydenham Limited; S G Smith (Motors) Beckenham Limited; and Silver Street Automotive Limited.
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