The cheapest electric cars on a PCP finance deal
Think all electric cars are expensive? If you buy on a PCP finance deal, that doesn't have to be the case; we've found electric cars from as little as £253 per month...
Electric cars now suit more people than ever before. Slowly but surely, barriers to ownership, such as range, price and charging infrastructure, are falling down.
And thanks to our Target PCP discounts, buying an electric car need not be hideously expensive. Target PCP is unique to What Car? and the most we think you should look to pay on a monthly finance deal. It's generated by our team of mystery shoppers, who spend all day talking to dealers to find out how low they'll go.
In this story, we've collected the cheapest electric cars available on a PCP finance deal, with the cheapest costing you just £253 per month. Our picks come in all shapes and sizes, too, ranging from city runabouts to posh SUVs.
If you're interested in any of the cars listed here, click on the review links to learn more about them or head over to What Car? New Car Buying to see how much we can save you. All of our PCP prices are worked out based on a 8000-mile annual limit and you putting down a 15% deposit on a four-year deal.
Jaguar I-Pace EV400 S
Target Price (cost per month) £639 Target Price (on the road) £63,536 The deal four years' PCP finance with 5.9% APR
The I-Pace is Jaguar's first electric car and a rival for luxury SUVs such as the Audi E-tron and Tesla Model X. It has two electric motors producing a combined 394bhp, and its 90kWh battery allows for an official driving range of 292 miles. When we put the I-Pace through our Real Range test, which shows what you're likely to achieve in real-world conditions, that number fell to a still-respectable 253 miles.
Hyundai Kona Electric Premium
Target Price (cost per month) £481 Target Price (on the road) £39,100 The deal Four years' PCP finance with 4.9% APR
The Kona Electric is an electric SUV that offers super performance and an exceptionally long range yet is also reasonably priced. Add in that it also offers a great driving position and reasonable practicality and the Kona Electric is very easy to recommend. If you're not quite ready to go electric, then there are petrol and hybrid versions of the Kona, too.
BMW i3 120Ah
Target Price (cost per month) £417 Target Price (on the road) £34,350 The deal Four years' PCP finance with 4.9% APR and £1000 finance contribution
If you want a smaller electric car but still value having a premium badge on your bonnet, the BMW i3 will likely end up on your shortlist. Its electric motor can carry you for around 160 miles between charges, while you've got BMW's fantastic iDrive infotainment system to play with inside. The i3 isn't very practical, and it has a bumpy ride, but very few cars can match it for futuristic looks.