The cheapest electric cars on a PCP finance offer

Think all electric cars are expensive? If you buy on a PCP finance offer, that doesn't have to be the case; we've found electric cars from as little as £221 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 being toppled.

Renault Zoe with Target Price logo

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, 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 Active

Peugeot e-208 front cornering

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.

Follow on to the next slide to find out what the offer is >>

Peugeot e-208 Active (cont.)

Peugeot e-208 dashboard

Target Price (cost per month) £373

Target Price (on the road) £28,296 

The offer Four years' PCP finance with 5% APR

Peugeot e-2008 Active Premium

Peugeot-2008-2020-cornering

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.

Follow on to the next slide to find out what the offer is >>

Peugeot e-2008 Active Premium (cont.)

Peugeot 2008 dashboard - orange 69-plate car

Target Price (cost per month) £370 

Target Price (on the road) £31,073 

The offer Four years' PCP finance with 5% APR and £550 finance contribution

Hyundai Kona Electric SE

Hyundai Kona Electric 64kWh

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.

Follow on to the next slide to find out what the offer is >>

Hyundai Kona Electric SE

Hyundai Kona Electric inside

Target Price (cost per month) £355 

Target Price (on the road) £31,489 

The offer Four years' PCP finance with 4.9% APR

Vauxhall Corsa-e SE Nav

Vauxhall Corsa-e 2020 RHD front right tracking

An all-electric version of one of Britain's best-selling new cars sounds ideal, and indeed the C0rsa-e impresses by being pleasant to drive and coming with lots of equipment as standard. It's an expensive choice, though, which is why our Target Price discounts are worth paying attention to. 

Follow on to the next slide to find out what the offer is >>

Vauxhall Corsa-e SE Nav

Vauxhall Corsa-e 2020 RHD dashboard

Target Price (cost per month) £346 

Target Price (on the road) £28,618 

The offer Four years' PCP finance with 4.9% APR and £1000 finance contribution

MG ZS Electric Excite EV

MG ZS EV front three quarters

The ZS EV is one of the cheapest electric SUVs you can buy, and impresses with a big boot and lots of room for passengers. It's well equipped, too, with even entry-level Excite versions coming with keyless entry, air conditioning and adaptive cruise control. Rivals are more comfortable and better to drive, though.

Follow on to the next slide to find out what the offer is >>

MG ZS Electric Excite EV

MG ZS EV - interior

Target Price (cost per month) £324 

Target Price (on the road) £25,995 

The offer Four years' PCP finance with 4.9% APR and £2500 finance contribution

Seat Mii Electric One

Seat Mii Electric 2020 front tracking

With a WLTP-certified range of 161 miles, the Seat Mii Electric should have plenty of range for someone living in the city. Add in that it's also comfortable and good to drive, and competitively priced, and it's easy to recommend. 

Follow on to the next slide to find out what the offer is >>

Seat Mii Electric One (cont.)

Seat Mii Electric 2020 RHD dashboard

Target Price (cost per month) £308 

Target Price (on the road) £22,800 

The offer Four years' PCP finance with 5.8% APR

Nissan Leaf Acenta

Nissan Leaf front - red 19-plate car

We're big fans of the latest Nissan Leaf; in fact, until the arrival of the Kia e-Niro last year, it was our favourite electric car. It offers punchy performance, a surprisingly big boot and lots of standard safety kit. The Leaf managed 128 miles on our Real Range test.

Follow on to the next slide to find out what the offer is >>

Nissan Leaf Acenta

2019 Nissan Leaf 62kWh dashboard

Target Price (cost per month) £307 

Target Price (on the road) £27,430 

The offer Four years' PCP finance with 4.9% APR and £1000 finance contribution

Volkswagen e-Up

Volkswagen e-Up 2020 RHD front right tracking

This all-electric city car from Volkswagen has the same WLTP-certified range as the Seat Mii Electric we saw earlier – 161 miles – and that should be plenty for most people living in the urban sprawl. It's also great to drive and well equipped, which helps to make up for it not being especially spacious.

Follow on to the next slide to find out what the offer is >>

Volkswagen e-Up (cont.)

Volkswagen e-Up 2020 RHD dashboard

Target Price (cost per month) £300 

Target Price (on the road) £22,698 

The offer Four years' PCP finance with 5.3% APR

Renault Zoe R110 i Play

Renault Zoe front cornering

The Renault Zoe is one of the most popular electric cars on sale today; it can cover up to 233 miles between charges, according to official figures. We like this R110 model's better acceleration at higher speeds, plus the fact that the Zoe is quiet and easy to drive. It's so good, in fact, that the Zoe is our reigning Small Electric Car of the Year.

Follow on to the next slide to find out what the offer is >>

Renault Zoe R110 i Play (cont.)

Renault Zoe dashboard

Target Price (cost per month) £259 

Target Price (on the road) £24,894 

The offer Four years' PCP finance with 4.9% APR and £2000 finance contribution

Smart Fortwo EQ Passion Advanced

Smart ForTwo EQ 2020 front tracking LHD

Although it's the cheapest option here for buying on a PCP finance deal, the Fortwo EQ also has the shortest range of any car we've put through our Real Range test, at just 59 miles. If you can live with that, however, it's remarkably compact, making parking a doddle, and comes with a decent amount of kit.

Follow on to the next slide to find out what the offer is >>

Smart Fortwo EQ Passion Advanced (cont.)

Smart ForTwo EQ 2020 dashboard LHD

Target Price (cost per month) £221 

Target Price (on the road) £18,400 

The offer Four years' PCP finance with 5.9% APR and £500 finance contribution

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