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Mazda MX-30: running costs & insurance

It’s pretty affordable for an EV and should be cheap to run, but the Mazda MX-30 suffers pretty harsh depreciation

Overall rating

3.0 out of 5

Running costs & insurance rating

4.0 out of 5

Price
£31,495 - £35,895
Fuel Types:
Electric, Petrol

Insurance group

Warranty

Service interval

Annual company-car tax (20%/40%)

19

3yrs/60,000 miles

1yr/12,500 miles

From £125/250

No road tax, fewer moving parts to go wrong and much-reduced 'fuelling' costs – there's a lot to like about electric cars from a running-costs perspective and the MX-30 delivers where others do, too. It's worth keeping an eye on insurance costs, but servicing should be reasonable. 

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It's good news for those considering the MX-30 as their next company car, too, with Mazda's first EV attracting a 2% Benefit-in-Kind company-car tax rate, which translates to an annual payment for the entry-level Prime-Line version of just £250 – even for a higher-rate taxpayer.

Mazda MX-30 insurance group

All versions of the MX-30 sit in insurance group 19. While that's high for a small SUV, the Mazda does sit in a lower group than many of its electric rivals: the Vauxhall Mokka Electric sits in group 24 while the cheaper MG4 spans groups 27, all the way to 34 for the top-of-the-line Extended Range model.

Warranty

The MX-30's battery is covered by an eight-year/100,000-mile warranty, which covers all battery repairs or replacements if a malfunction occurs. The rest of the vehicle is subject to the same warranty as the rest of the Mazda range, so three years or 60,000 miles, whichever comes first.

Servicing

The MX-30 needs attention at the dealership every 12,500 miles or once a year, which is a shame given many electric cars only require servicing every two years. Still, at least Mazda will let you spread the cost over monthly payments.

Road tax

There's no road tax (also known as Vehicle Excise Duty, or VED) to pay thanks to the MX-30's zero local CO2 emissions. You can also enter the London Congestion Charge zone for free – both benefits end in 2025, though.

Depreciation

Many will baulk at the concept of paying over £30,000 for a small SUV that can only travel 124 miles on a charge, and things get worse when you consider that, according to the latest industry figures, the Mazda MX-30 will  only retain roughly 35% of its new value over three years and 36,000 miles of ownership.

That’s worse than what you can expect if you buy a Vauxhall Mokka Electric – although if you look on the bright side, it does mean used versions of the MX-30 can be found for a steal on the used market.

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Hello there, I’m Tom Jervis and I have the pleasure of being the Content Editor here at DrivingElectric. Before joining the team in 2023, I spent my time reviewing cars and offering car buying tips and advice on DrivingElectric’s sister site, Carbuyer. I also continue to occasionally contribute to the AutoExpress magazine – another of DrivingElectric’s partner brands. In a past life, I worked for the BBC as a journalist and broadcast assistant for regional services in the east of England – constantly trying to find stories that related to cars!

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