Ten years for electric car to pay for itself in fuel savings – The Times

One in three drivers is put off buying an electric car because they cost too much and it takes ten years to make up for their initial expense, says Which?

Researchers analysed the cost of owning three vehicles that are available as petrol or electric versions and found that despite the potentially low running cost of electric vehicles, over three years it was cheaper to buy a petrol model.

At £26,000, the Mini EV is almost £10,000 more expensive, even with the government’s low-emission vehicles grant, than the Mini One, which costs £16,605. While the electric car has better performance, both are the cheapest models for their fuel type.

The cost of running the Mini EV over three years was £1,827 compared with £4,418 for


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