In-depth reviews

Hyundai Kona Electric running costs, insurance, warranty & tax

Once the relatively high purchase price is out of the way, the Hyundai Kona Electric should be extremely cost-effective to run – especially as a company car

Overall rating

4.0 out of 5

Running costs & insurance rating

4.5 out of 5

Insurance groupWarrantyService intervals2021/22 company-car tax cost (20%/40%)
26-275yrs / unlimited miles1yr / 10,000 milesFrom £61 / £122

Like all electric cars, the Kona Electric will be very cheap to run on an ongoing basis once you've got over the relatively high purchase (or monthly finance) cost. However, the Kia e-Niro (which has the same battery and driving range) makes the Hyundai look a bit expensive if you factor in it generous equipment and additional practicality.

Still, it’s not as though the Kona is poorly kitted out or requires a lot of options ticking. In fact, the Kona Electric is well equipped at all price points, and there’s not much else you can spend money on – apart from metallic or pearl paint and a funky two-tone roof.

Hyundai Kona Electric insurance group

The SE Connect and Premium versions of the Kona Electric with the 39kWh battery fall into groups 20 and 21 respectively, while the 64kWh battery model (available in either Premium or Ultimate trim) is in group 24, which is pretty reasonable.

Warranty

Some electric cars come with a seven-year warranty, but Hyundai's admirable five-year/unlimited-mileage warranty is still very generous compared to many rivals, which are only covered for three years. The eight-year/125,000-mile battery warranty is an added bonus.

Servicing

We’re waiting to hear details of service costs for the Hyundai Kona Electric, but again they should be competitive, with all-inclusive deals available to help with the budgeting.

Road tax

There’s no road tax (VED) levied on vehicles with zero tailpipe emissions right now and the Kona Electric is also exempt from the London Congestion Charge until 2025. Company-car tax is also minimal, standing at just 2% for the 2022/23 financial year.

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