Find the best electric car deals
Best Electric Car Deals April 2024
- Electric new car deals
- The latest EV offers and discounts
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Electric car deals help open up EVs to motorists who may be put off by their higher list prices. To show how affordable they can be, we’ve rounded up the best electric car deals on offer in the UK today.
Many electric car deals are PCP car finance deals. These are a long-term financial agreement that comprise an up-front deposit and monthly payments over a set period of, say, three or four years. They often benefit from 0% APR.
At the end of the finance deal, buyers can hand the car back with nothing more to pay, or buy the car outright by paying off a lump sum – or, most often, use the collateral in the car to put towards another new car deal.
Electric car deals are also available on outright hire purchase (HP) packages, while other deals simply offer considerable up-front savings for those who may want to pay cash.
Whatever the package, an electric car deal is a tempting way to save lots of money on the latest eco-friendly motors.
Why are electric car finance deals so appealing?
Electric car finance deals are designed to help make the higher up-front cost of EVs more manageable.
Spreading the payments over several years takes away the ‘sticker shock’. Add in the considerable savings you get from running an EV – charging from home is far cheaper than filling up with petrol and diesel – and electric car deals help turn EVs into real money-savers.
Today, many manufacturers are focusing their efforts on making electric car finance deals even more appealing, with 0% offers, deposit contributions and other deals.
This is because of the new ZEV Mandate, which means all car brands have to sell a certain number of electric cars each year.
Electric car finance deals make EVs more accessible, meaning they will be more likely to hit their electric car target and avoid steep financial penalties.
Best of all, an appealing electric car deal means you can get into a future-proof car for far less than you may expect. Check out the electric car deals here to see how much you can save!
Best electric car deals in April 2024
MG4 EV for £99 a month with 0% APR
The MG4 EV is an award-winning electric car that offers practical five-door family motoring on a budget. A striking PCP finance deal sees it on offer from just £99 a month, if you have enough for the £10,543 deposit. Even better, it’s a 0% APR deal too.
- Deposit: £10,543
- Monthly payments: 37 x £99 (£3663)
- Optional final payment: £12,888
- Total payable: £26,995
- Mileage per year: 8000
- APR representative: 0%
- Deal ends: 30 June 2024
Fiat 500 Electric for £299 a month with 0% APR
The Fiat 500 Electric is a stylish EV interpretation of the Italian brand’s retro icon. This 42kWh version has a useful 199-mile range, and a combination of 0% APR finance with a £3375 Fiat deposit contribution means it costs just £299 a month. The customer deposit is just £999.
- Deposit: £999 (+ £3375 Fiat deposit contribution)
- Monthly payments: 47 x £299
- Optional final payment: £9771
- Total payable: £31,195
- Mileage per year: 6000
- APR representative: 0%
- Deal ends: 30 June 2024
Honda e:NY1 for £299 a month with a £3000 deposit contribution
The Honda e:NY1 is the all-electric version of the Honda HR-V hybrid. It’s available on a three-year PCP deal for £299 a month. The customer deposit of £5000 is bolstered by a very generous Honda deposit contribution of £3000. Prices have recently been slashed by £5000 too.
- Deposit: £5000 (+ £3000 Honda deposit contribution)
- Monthly payments: 36 x £299 (£10,764)
- Optional final payment: £22,814.51
- Total payable: £41,588.35
- Mileage per year: 10,000
- APR representative: 1.9%
- Deal ends: 30 June 2024
Ford Explorer for £380 a month with 0% finance
The Ford Explorer is an all-new electric SUV from the popular brand that arrives later this summer. Ford is looking to drum up early interest with an impressive 0% finance deal that takes monthly payments down to just £380.
- Deposit: £9881
- Monthly payments: 48 x £380 (£18,240)
- Optional final payment: £18,554
- Total payable: £46,675
- Mileage per year: 9,000
- Deal ends: 30 June 2024
Lexus UX 300e for £399 a month with 0% APR
The Lexus UX 300e is a posh electric small SUV that recently received a 40% boost in EV range to a handy 279 miles. It is currently available with 0% APR finance, spread over four years. Monthly payments are kept in check by a generous £4500 Lexus deposit contribution, and owners can cover up to 8000 miles a year.
- Deposit: £11,574.33 (plus £4500 Lexus deposit contribution)
- Monthly payments: 47 x £399 (£18,753)
- Optional final payment: £12,667.50
- Total payable: £47,495
- Mileage per year: 8000
- Representative APR: 0%
- Deal ends: 1 July 2024
Ford Mustang Mach-e for £395 a month
The Ford Mustang Mach-e is an all-electric interpretation of the classic Mustang sports car. This time, it’s a roomy crossover SUV, and an affordable one at that, with monthly payments from just £395 for the great-value Select version. The low-rate 3.9% APR is appealing too.
- Deposit: £9738.06
- Monthly payments: 48 x £395 (£18,960)
- Optional final payment: £18,721
- Total payable: £47,439.06
- Mileage per year: 9000
- APR representative: 3.9%
- Deal ends: 30 June 2024
Fiat 600e for £369 a month with £3000 Fiat e-Grant and £750 deposit contribution
The new Fiat 600e combines a range of 250 miles with chic styling both outside and in. It’s currently available with a generous Fiat e-Grant offer, which takes £3000 off the price – and there's an additional £750 deposit contribution too. On a four-year PCP car deal, this takes monthly payments down to £369.
- Deposit: £2934 (+ £750 Fiat deposit contribution and £3000 Fiat e-Grant contribution)
- Monthly payments: 47 x £369 (£17,343)
- Optional final payment: £12,960
- Total payable: £37,647
- Mileage per year: 6000
- Representative APR: 5.9%
- Deal ends: 3 April 2024
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Electric Car Deal FAQs
Written by
Richard Aucock
Electric car finance works just like other types of car finance. The most common type of electric car finance is PCP, or Personal Contract Purchase. Electric car HP, or hire purchase, is also popular.
Electric car finance helps make EVs more affordable by spreading the payments over several years. This offsets the fact electric cars sometimes have higher prices than petrol and diesel cars.
To help encourage new car buyers to make the switch, car manufacturers are increasingly offering competitive deals on EVs. This will help them meet their targets for selling a certain number of new electric cars, as part of the ZEV Mandate.
Car deals
Whether you're looking for a great PCP deal or looking for a car on 0% finance, we've got the car deal for you
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