Best Electric Car Deals 2024

Find the best electric car deals

Best Electric Car Deals February 2024

  • Electric new car deals
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  • Save money on an electric car 

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 February 2024

  • MG.png
    01

    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 for just £99 a month, if you have enough for the £9346 deposit. Even better, it’s a 0% APR deal too.

    • Deposit: £9346
    • Monthly payments: 37 x £99 (£3663)
    • Optional final payment: £14,085
    • Total payable: £26,995
    • Mileage per year: 8000
    • APR representative: 0%
    • Deal ends: March 31, 2024

    >> Click here to get this great deal

    >> Find a used MG4 EV for sale

    MG4 EV Review 2024
  • Fiat.png
    02

    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 £1175 Fiat deposit contribution means it costs just £299 a month.

    • Deposit: £2999 (+ £1175 Fiat deposit contribution)
    • Monthly payments: 47 x £299
    • Optional final payment: £9974
    • Total payable: £31,195
    • Mileage per year: 6000
    • APR representative: 0%
    • Deal ends: March 31, 2024

    >> Click here to get this great deal

    >> Find a used Fiat 500 for sale

    Fiat 500 Electric Review 2023: front dynamic
  • Honda.png
    03

    Honda e:NY1 for £339 a month with an £8000 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 £339 a month. The customer deposit of £5228.99 is bolstered by a very generous Honda deposit contribution of £8000.

    • Deposit: £5228.99 (+ £8000 Honda deposit contribution)
    • Monthly payments: 36 x £339 (£12,204)
    • Optional final payment: £24,549.41
    • Total payable: £49,992.43
    • Mileage per year: 10,000
    • APR representative: 5.9%
    • Deal ends: March 31, 2024

    >> Click here to get this great deal

    >> Find a used Honda e:NY1 for sale

    Honda e:Ny1 Review 2023: front dynamic
  • Ford (1).png
    04

    Ford Mustang Mach-e for £399 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: £9739.87
    • Monthly payments: 48 x £395 (£18,960)
    • Optional final payment: £19,303
    • Total payable: £48,021.87
    • Mileage per year: 9000
    • APR representative: 3.9%
    • Deal ends: March 31, 2024

    >> Click here to get this great deal

    >> Find a used Ford Mustang Mach-e for sale

    Ford Mustang Mach-E Review 2023: front static
  • Vauxhall (1).png
    05

    Vauxhall Mokka Electric for £399 a month with low deposit

    The Vauxhall Mokka Electric is visually almost identical to the regular petrol-powered Mokka. A £399 a month PCP finance deal comes with an accessible £2119.54 deposit – the monthly payments are kept in check thanks to Vauxhall’s generous £7000 deposit contribution.

    • Deposit: £2119.54
    • Monthly payments: 59 x £399 (£23,541)
    • Optional final payment: £9361
    • Total payable: £42,021.54
    • Mileage per year: 6000
    • APR representative: 5.9%
    • Deal ends: February 5th, 2024

    >> Click here to get this great deal

    >> Find a used Vauxhall Mokka for sale

    Vauxhall Mokka-e Review 2023 front dynamic
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    Electric Car Deal FAQs

    Richard Aucock

    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