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 £221 per month...

Renault Zoe with Target Price logo

Electric cars now suit more people than ever before. Slowly but surely, barriers to ownership such as range, price and charging infrastructure, are being toppled. 

And thanks to our Target PCP discounts, buying an electric car need not be hideously expensive. Target PCP is unique to What Car? and represents 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 £221 per month. Our picks come in all shapes and sizes, too, ranging from city runabouts to 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.

Peugeot e-208 front cornering

Target Price (cost per month) £373 Target Price (on the road) £28,296 The deal Four years' PCP finance with 5% APR

The Peugeot e-208 is a great choice if you want a small electric car that looks like it came straight from the 22nd century, but the good news is that this little Peugeot has the substance to back up its styling. This includes a smart, well-built interior, a good standard of safety kit and a range that should suit most people's needs. A firm ride spoils things a little, though.

Read our full Peugeot e-208 review >>

Peugeot e-2008 Active Premium

Save money on a new Peugeot e-2008 with What Car? >>


Target Price (cost per month) £370 Target Price (on the road) £31,073 The deal Four years' PCP finance with 5% APR and £550 finance contribution

If you like the idea of an electric Peugeot, but need more space than the e-208 above can provide, then the good news is that its larger SUV sibling, the e-2008, is even cheaper on a PCP finance deal. As well as a wonderful, well-built interior, the e-2008 impresses with its impressively quiet driving manners and its family friendly practicality. Rivals have a longer real-world range, though.

Read our full Peugeot e-2008 review >>

Hyundai Kona Electric SE

Save money on a new Hyundai Kona Electric with What Car? >>

Hyundai Kona Electric 64kWh

Target Price (cost per month) £355 Target Price (on the road) £31,489 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.