Kia e-Niro running costs

The Kia e-Niro isn’t the cheapest compact SUV by a long way, but within the electric-car class it’s great value, despite a surprisingly short service interval

Insurance group Warranty Service intervals 2019/20 company car cost (20%/40%)
27 84 months / 100,000 miles 12 months / 10,000 miles £1,055.84 / £2,111.68

You can only get the e-Niro in one trim level, but it’s got everything you could reasonably want and makes the Kia very competitive next to the Hyundai Kona and Nissan Leaf. It’s also equipped with everything from part-leather heated seats and an eight-inch touchscreen sat-nav system, to adaptive cruise control and lane-keeping assistance.

Company-car drivers will also get the e-Niro at a great price. Monthly BiK for a 40% taxpayer will come in at under £200 for the 2019/20 tax year, dropping to a remarkable sub-£300 in 2020/21.

Kia e-Niro insurance group

The Kia’s insurance group hasn’t been confirmed yet, but it’ll be more expensive to insure than an equivalent petrol or diesel. A Volkswagen e-Golf, for instance, is two groups higher than a 2.0-litre TDI, while the Hyundai Kona Electric’s high insurance group of 27 suggests that insuring the Kia could be a problem for new drivers.

Warranty

The Kia is covered by an impressive seven-year/100,000-mile warranty, and that includes the electric motor and battery. Paint is covered for five years.

Servicing

The Kia requires servicing every 12 months or 10,000 miles, which is a shame, as many rivals have longer servicing intervals; the Nissan Leaf only needs attention every 18,000 miles, for example. Kia routinely offers competitive servicing deals, including fixed-price plans that can cover all of the car’s obligatory servicing requirements up to five years.

Road tax

As a zero-emissions electric car, the e-Niro is currently exempt from VED road tax.

Depreciation

This is a tricky area for most electric cars, and the Kia is no exception. Currently, electric cars lose value faster than diesel or petrol alternatives, but demand on the used market is improving that situation, especially as worries about the durability of batteries and electric motors are proving to be largely unfounded.

It’s very hard to estimate what the e-Niro will be worth in a few years, but given the equipment levels, driving range and rising interest in used electric vehicles, it should hold its value better than most electric cars.