Biggest EV discounts: the best electric car deals (2024)

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Biggest EV discounts: the best electric car deals

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Discounts on electric cars have out-accelerated savings on new petrol and diesel models recently. So, here we name the biggest EV deals available...

byGeorge Hill

Published16 February 2024

Discounts on new electric cars haveincreased by 204% since January2023, according to exclusive What Car? research.

Why has there been an acceleration in the number of available discounts?Well, it's down to a number of reasons, including the upcoming ZEV Mandate and a low uptake of EVs (electric vehicles)among privatebuyers.

So, the benefit of this isthat manufacturers are ramping up interest onEVs with some tempting new cardeals, including on a number ofelectric SUVs. This is evidentby thenumber of car makers nowoffering double-digit percentage discounts,includingAudi,Fiat, Ford, Honda, Jeep and Vauxhall.

Biggest EV discounts: the best electric car deals (2)

In this instance, we're naming the 12 biggest electric car discounts available right now, with several of those brandsincluded in this story. To determine the list,What Car?’s team of experts have been browsing dealers to find out the biggest possible savingsonnew electriccars.

If any of the cars quoted heretake your fancy, you can follow the links to our in-depth reviews to find out more about eachcar. Or, you can simply click on the deals links to see more discounts via our free New Car Deals service.

1

BMW i7
Our pick: 400kW xDrive60 M Sport 105.7kWh 4dr Auto

0-62mph: 4.7 sec

CO2 emissions: 0g/km

Seats: 5

Boot: 500 litres

Insurance group: 50E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Stunning interior
  • Impressive optional 8K cinema screen
  • Extremely comfy for all occupants

Weaknesses

  • Battery range isn’t spectacular
  • Desirable options are very expensive
  • Looks won’t appeal to everyone

VersionM70 |List price£124,605|Target Price£116,874|Saving£10,088

There's no doubt that the BMW i7 is a big,luxurious and expensive electric car, butit does come with a heftydiscount to try and lure in buyers.

In this instance, the biggest saving is on the range-topping M70 model. Ithas three electric motors that combine to produce 650bhp, which means that you and your passengerscan be hustled alongfrom 0-62mph in just 3.7sec.

We mention passengershere, because the i7 is an excellentcar to be driven around in. There's an enormous amount of rear leg room, andmaterial qualityis excellent. If you're keen to sit in the driver's seat, though,the i7 is a fabulous car to drivewith its hushedcruising mannersand a wonderfully plush ride.

Read our in-depthBMW i7 review

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Target Price from £94,705

Save up to £12,839

or from £858pm

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2

Vauxhall Mokka Electric
Our pick: 1.2 Turbo GS 5dr Auto

0-62mph: 9.2 sec

MPG/range: 46.3mpg

CO2 emissions: 137g/km

Seats: 5

Boot: 350 litres

Insurance group: 19E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Pretty comfortable
  • Impressively quiet at speed
  • Plenty of standard kit

Weaknesses

  • Niro EV and ID 3 have longer ranges
  • Cheap feeling interior
  • Not that quick by EV standards

Version100kW Ultimate|List price£41,295|Target Price£31,816|Saving£9479

The Vauxhall Mokka Electric is a stylish and sophisticatedelectric SUV, and there are plenty of reasons to recommend it otherthan itshuge financial saving.

For instance, it's one of the more comfortable and quiet electric SUVs to drive, with minimal wind and roadnoise.It's also verygenerously equipped;this top-specUltimate versionoffers the biggestdiscount in the range and plenty of standardkit, includingautomatic parking assist,an adjustableboot floor and matrix LED headlights.

It’s worth noting that when it comes to practicality, the Kia Niro EV gets our nod, and the Smart #1 has a nicer interior and can travel further between charges.

Read our in-depthVauxhall Mokka Electricreview

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Target Price from £21,555

Save up to £11,108

or from £266pm

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3

BMW iX

Driving

Interior

Practicality

Buying & Owning

Strengths

  • One of the quietest cars we’ve ever tested
  • Spacious and luxurious interior
  • Great infotainment system

Weaknesses

  • Air suspension and rear-wheel steering available only on pricier xDrive50
  • xDrive40 has a disappointing real-world range
  • Teslas have a better charging infrastructure

VersionM60|List price£124,605|Target Price£116,874|Saving£7731

The iX is the biggestof BMW's electric SUVs,and combines distinctivelookswith a soothing and opulent interior.

Like the BMW i7, the car quoted here is the range-topping model. Called the M60, it uses a dual-motor set-upfor a combined power output of 610bhp, which means the iX is startlinglyquick with a 0-62mph time of 3.8sec. That said, we'd recommend going for the xDrive50; it's just as quick (0-62mph takes 4.6sec) andit can travel slightly farther between charges.

The iX is particularly good when it comes to ride comfort, especiallyin xDrive50 and M60 forms. These versions come with air suspension as standard, which helps it deal with road imperfectionsmuch better thanthe Jaguar I-Pace.

Read our in-depthBMW iX review

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Target Price from £66,255

Save up to £8,350

or from £637pm

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4

Audi Q8 e-tron
Our pick: 300kW 55 Quattro 114kWh Sport 5dr Auto

0-62mph: 5.6 sec

CO2 emissions: 0g/km

Seats: 5

Boot: 569 litres

Insurance group: 49E

Reliability

Safety

Costs

Quality

Performance

Strengths

  • Cosseting ride
  • Very smooth and quiet
  • Spacious and luxurious interior

Weaknesses

  • Distracting climate controls
  • Some rivals are more fun
  • Vorsprung trim is pricey

VersionSQ8 Vorsprung|List price£119,465|Target Price£111,754|Saving£7711

It may come as no surprise to see another luxurious electric SUV on this list, butin this instance it's the Q8 e-tron.

It's Audi's rival for the BMW iX, and it's equally goodif you prioritise ride comfort. Unlike the iX, all versions of the Q8 e-tron come with air suspension as standard, including the entry-level car.

The biggest discount you can get in the model range is with the SQ8 version, which comes with a slightly firmer suspensionset-up than the 50 and 55 models. You do, at least, get a huge amount of kit as standard, with this range-topping Vorsprung trim coming witha panoramic roof, rear sun blinds and heated front and rear seats as standard. You also get the Extended Twin Leather pack on top, which addsleather on the dashboard andcentre console for an even more luxurious feel.

Read our in-depthAudi Q8 e-tron review

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Target Price from £65,265

Save up to £8,182

or from £690pm

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5

Ford Mustang Mach-E
Our pick: 198kW Select 72kWh RWD 5dr Auto

0-62mph: 7.4 sec

CO2 emissions: 0g/km

Seats: 5

Boot: 402 litres

Insurance group: 37E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Generous amount of standard equipment
  • Extended Range versions have a very long range
  • Good infotainment system

Weaknesses

  • Average ride
  • Inconsistent handling
  • So-so build quality for the class

VersionSelect|List price£50,830|Target Price£43,830|Saving£7000

Previously, the Mustang Mach-E hasn't be subjected to heavy discounting. However, times are changing, andthis entry-level Select model is now offered with a bigsaving offthe list price.

Despite that, the Mach-E remains a compelling electric SUV; this Select version has a 265bhp rear-mounted electric motor thatdelivers a 0-62mph time of 6.9sec. That's more than enough power for mostsituations, and it's certainly a lot quicker thanthe VW ID 4 Pro Performance.

In other areas, the Mustang Mach-E is practical and well equipped, but an average ride, so-so build quality and relatively slow maximum charging rate are a bit disappointing, especially compared with the Genesis GV60 and Kia EV6.

Read our in-depthFord Mustang Mach-E review

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Target Price from £43,330

Save up to £7,500

or from £391pm

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6

Vauxhall Corsa Electric

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Relatively well priced
  • Respectable charging speeds
  • Plenty of standard kit

Weaknesses

  • Disappointing Euro NCAP safety rating
  • Rivals are nicer to drive
  • Reliability could be better

Version115kW Ultimate|List price£38,585|Target Price£31,718|Saving£6867

For years, the Vauxhall Corsa has been one of Britain’s favourite cars, enjoying popularity with driving instructors and families alike. But when it comes to discounts, the petrol-powered version can’t touch the Vauxhall Corsa Electric.

The promise of 246 miles between charges, when fitted with the larger battery, is good, but a so-so driving experience, average refinement and a cheap-feeling interior are all black marks against an otherwise decent electric car. Certainly the Mini Electric offers more in these areas, especially when you factor in the price tag – even with the discount, it’s still expensive.

Read our in-depthVauxhall Corsa Electricreview

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Target Price from £16,774

Save up to £7,789

or from £205pm

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7

BMW i5
Our pick: 250kW eDrive40 Sport Edition 84kWh 4dr Auto

0-62mph: 6 sec

CO2 emissions: 0g/km

Seats: 5

Boot: 490 litres

Insurance group: 43E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Tidy handling
  • Excellent refinement
  • Well built and spacious interior

Weaknesses

  • An expensive private buy
  • You'll want to add some options
  • Range and efficiency are good rather than great

VersionM60 |List price£109,945|Target Price£103,403|Saving£6542

Unlike the Mercedes EQE, which is based on bespoke electric car underpinnings, the BMW i5 is a fully electric version of the combustion-powered BMW 5 Series.

As a rival for the EQE, the i5 isamore complete package. It provides a much better balance of agility and ride comfort, while the interior offers more leg and head room in the back. We suspect this is partly helped by the fact that the i5 is closely related to the BMW i7, which in itself offers similar qualities (but in a larger package).

While all of this might sound tempting, the i5 is very expensive – especially in range-topping M60 form. The eDrive40 is slightly less expensive, but it's still not cheap – even with our Target Pricediscount factored in.

Read our in-depthBMW i5 review

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Target Price from £63,020

Save up to £7,633

or from £662pm

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8

Peugeot e-208

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Smart interior
  • Decent to drive
  • Well equipped

Weaknesses

  • Expensive
  • Cramped in the back
  • Driving position won’t suit everyone

Version115kW GT|List price£36,250|Target Price£31,015|Saving£5235

The Peugeot e-208 might be a small electric car, but it does come with a big price tag. As a result, Peugeot'soffering a £5235 savingonthe range-topping version of the car.

This makes it much better value than before, because it is a pleasant electric car on the whole. It's good to drive, with a comfortable ride and tidy handling, andthe interior hasa nice mixof materials. Overall, it's amore appealing electric carthanthe closely-related Vauxhall Corsa Electric.

Even though the entry-level version is our favourite, GT trim does come very well equipped; it gives you a 10.0in digital driver's display,full LED headlights, a wireless charging pad and ambient interior lighting as standard.

Read our in-depthPeugeot e-208review

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Target Price from £17,948

Save up to £6,735

or from £196pm

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9

Peugeot e-2008
Our pick: 1.2 PureTech 130 Allure 5dr

0-62mph: 9.7 sec

MPG/range: 52.7mpg

CO2 emissions: 121g/km

Seats: 5

Boot: 434 litres

Insurance group: 16E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Smart, solid-feeling interior
  • Impressively quiet and comfortable
  • Strong efficiency makes the most of smaller battery capacity

Weaknesses

  • Some rivals have a longer range
  • Driving position won’t suit everyone
  • Limited rear seat space

Version115kW GT|List price£40,700|Target Price£35,508|Saving£5192

Peugeot has recently updated the e-2008 to keep it competitive with newelectric SUV rivals, including the Hyundai Kona Electric, Smart #1and Volvo EX30.

The biggest change includes a revised electric motor, which now produces 154bhp, and a larger 54kWh (total) battery. The result is improved performance(0-62mph takes 9.1sec) and a longer official range of 250 miles (up from 214 miles).

We also like its smart interior and generous kit list (therange-topping GT model comes withfull adaptive LED headlights and wireless phone-charging as standard). However,the#1 is a much better car overall; it has a longer official range, quicker performanceand more space inside.

Read our in-depthPeugeot e-2008 review

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Target Price from £21,222

Save up to £7,552

or from £241pm

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10

Mercedes EQS
Our pick: EQS 450+ 245kW AMG Line 108kWh 4dr Auto

0-62mph: 6.2 sec

CO2 emissions: 0g/km

Seats: 5

Boot: 610 litres

Insurance group: 50E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Effortless performance
  • Impressive refinement
  • Optional Hyperscreen feels very special

Weaknesses

  • Seats could be more comfortable
  • An S-Class rides better
  • Tesla has a superior charging network

VersionEQS 450+ AMG Line|List price£105,610|Target Price£100,610|Saving£5000

The EQS is Mercedes's flagship electric car, and a rival for the BMW i7.

It's an impressive offering, with effortless performance and ultra-quiet driving manners. This450+ versionalso has an enormous official range of 442 miles, which makes it a greatoption if you want an electric car for long journeys.

However,it's worth noting that the EQS doesn't ride as well as a traditional Mercedes S-Class, and it also suffers from cramped rear seats. As such, thei7 is a morecapable and comfortable alternative.

Read our in-depthMercedes EQS review

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Target Price from £100,610

Save up to £5,000

or from £911pm

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11

Mercedes EQS SUV
Our pick: EQS 450 4M 265kW AMG Line Premium+ 108kWh 5dr Auto

0-62mph: 6 sec

CO2 emissions: 0g/km

Seats: 7

Boot: 645 litres

Insurance group: 50E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Comfortable ride
  • No road noise and very little wind noise
  • Good range between charges

Weaknesses

  • Infotainment could be easier to use
  • Interior finish could be better
  • BMW iX is more fun to drive

VersionEQS 450 4Matic AMG Line|List price£129,470|Target Price£124,470|Saving£5000

As its name suggests, the EQS SUV is a taller, more spacious version of the Mercedes EQS saloon.

This immediately makes it a more appealing option thanks to its superior practicality. Butlike its saloon sibling, the EQS SUVoffersimpressive levelsof refinement anda lengthy range between charges. This 450 version, for example, can travel 405 miles officially between charges, which is farther than what the BMW iX can manage.

We also like the EQS's four-wheel steering system (which helps with manoeuvrability) and super-soft ride. However, it's a pricey option, which is why the iX xDrive50is a better alternative; it's less expensive butoffers many of the same qualities.

Read our in-depthMercedes EQS SUV review

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Target Price from £124,470

Save up to £5,000

or from £791pm

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12

BMW i4
Our pick: 250kW eDrive40 M Sport 83.9kWh 5dr Auto

0-62mph: 5.7 sec

CO2 emissions: 0g/km

Seats: 5

Boot: 470 litres

Insurance group: 36E

Driving

Interior

Practicality

Buying & Owning

Strengths

  • Brilliant performance
  • Impressive official range
  • Class-leading infotainment

Weaknesses

  • Relatively expensive to buy outright
  • M50 not as sharp as Tesla Model 3 Performance
  • BMW lacks Tesla’s world-beating charging infrastructure

VersionM50|List price£72,140|Target Price£67,332|Saving£4808

The BMW i4 is a compelling alternative to theTesla Model 3. It's practical, comfortable and extremely hushed at high speeds, plusthis M50modelcan go from 0-62mph in just 3.9sec. Being the range-topping car, it's powered by dual electric motors (making it four-wheel drive) and an 83.9kWh (total) battery, the latter of which delivers an official range of 318 miles.

Factor in a plushinterior and a brilliant infotainment system, and the i4 is anelectric carthat's very easy to live with. However, we'drecommend going for the eDrive40 model; it's less expensive andcan manage 367 miles officially between charges.

Read our in-depthBMW i4 review

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Biggest EV discounts: the best electric car deals (2024)
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