Hyundai Kona Electric running costs

Once the purchase price is covered, the Hyundai Kona Electric should be extremely cost-effective

Competitive pricing means the Hyundai Kona seems likely to have a disruptive effect on the electric-car marketplace. Simply put, the luxury of a 300-mile range used to cost a lot more, and more expensive cars like the BMW i3 and Volkswagen e-Golf look suddenly less alluring when their shorter ranges are factored in.

However, the if estimated pricing for the forthcoming Kia e-Niro (which gets the same 64kWh battery and a 301 mile range) is correct, the Kia could make the Hyundai look a bit expensive as it's set to cost some £2000 less if you factor in the e-Niro's generous equipment.

Still, the Kia doesn't offer the option of the smaller battery that the Kona gets, and it’s not as though the Kona is poorly equipped 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 nearly £600 for metallic or pearl paint, and a little over £400 for a funky two-tone roof.

All variants fall into the same category for company-car drivers, who'll pay just 13% of their car’s list price in Benefit-in-Kind taxes to HMRC. The Kona Electric also qualifies for exemption from the London Congestion Charge.

Hyundai Kona Electric insurance group

We’re still waiting for Hyundai to confirm insurance groups for the Kona Electric, but there’s no reason they shouldn’t be competitive.

Warranty

There’s an admirable five-year/unlimited-mileage warranty included with all new Hyundai cars, and the Kona Electric benefits from this, too. 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 charge for vehicles with zero tailpipe emissions costing under £40,000, so the Kona Electric easily qualifies.

Depreciation

With the standard Hyundai Kona line-up retaining up to 40% of its value after three years and 36,000 miles, owners of the Kona Electric should do at least as well according to our used-car experts.