How much could you actually save with an electric car? EV owners have their say

Cost-saving is often one of the main benefits that electric car drivers discover once they’ve made the switch. The reasons for this are varied.

Opportunities to save cash range from lower road tax (now called Vehicle Excise Duty) on many electric and plug-in hybrid cars, to cheaper servicing and running costs.

There are also some other great savings you can take advantage of. For example, those driving into the Capital are exempt from paying the Congestion Charge and many towns and cities across the country offer free parking. But how much are owners saving, day-in, day-out?

We spoke to some of our Owners’ Club members to see what they had to say, and savings on petrol and diesel bills were their top pick.

Matt Martin, a Renault ZOE owner from Leicester, told us that compared to filling up with fuel, charging his car had saved him around £200 a month. Charging the car up fully at home costs him around £3.

Nissan LEAF owner, Barry Goldring from Slough, is having a similar experience. He told us that his usual journeys of visiting his 10 grandchildren in four separate homes now costs him less than £2, compared to £42 previously. And BMW i8 owner, Carl Gibson of Nottingham, highlighted an annual fuel saving of a massive £2,500, with an additional £500 saving on VED.

There are some great savings to be made by making the switch, visit and find out if an electric or plug-in hybrid car could be right for you


* All views of the Owners’ Club cost are based upon the driver’s personal views and experience and were correct at time of writing.

Share this page

  • Journey Cost Savings Calculator

    Journey Cost Savings Calculator

    Discover how much you could save in 3 easy steps

    Start calculator

  • Home Charging Tool

    Home Charging Tool

    Find out how easy and how little it costs to charge at home

    Start calculator

  • Journey Range Calculator

    Journey Range Calculator

    Find out just how far a 100% electric vehicle or plug-in hybrid (PHEV) can travel

    Start calculator

  • Car Tax Calculator

    Car Tax Calculator

    Find out how much you could save by driving a 100% electric vehicle or plug-in hybrid (PHEV)

    Start calculator

  • EV Car Selector

    EV Car Selector

    Find your perfect electric vehicle with our Car Selector

    Choose an EV

  • Charging Point Map

    Charging Point Map

    Find your nearest charge point with our map

    View map

Watch our latest videos

Watch the latest selection of Go Ultra Low videos and discover how even the most sceptic of drivers are being persuaded that they have an electric future.

Related articles

Sign-up to our newsletter

The SMMT has a legitimate interest in communicating with you in relation to sending periodic newsletters and contacting you about Go Ultra Low activities. Your information will be kept secure and will not be used for any other purpose without your permission. To find out more about how SMMT looks after personal data, your rights, and how to contact our data protection officer, please read our Privacy Policy.