MG ZS EV running costs & insurance
Running costs for private buyers will be very low, and upcoming tax changes will make the MG ZS EV extremely attractive as a company car
Insurance group | Warranty | Service interval | 2021/22 company-car tax cost (20%/40%) |
---|---|---|---|
27-28 | 7 years / 80,000 miles | TBC | From £62 / £124 |
Nothing about the ZS EV makes it expensive to own: electricity is cheaper than petrol, road tax is zero for the time being, company-car tax is low (and will be zero in the next financial year) and even servicing will be less expensive than for the petrol equivalent. Simply put, the ZS EV will be one of cheapest-to-run family SUVs you can buy.
MG ZS EV insurance group
Like the majority of its rivals, the ZS EV falls into a higher insurance group than its petrol-powered equivalents. It attracts an insurance group rating of 27 for the base model and 28 for the rest of the line-up, which is on par with the Peugeot e-2008 and the Hyundai Kona Electric, which fall into groups 31-34 and 26-27 respectively, depending on which trim level you go for.
Warranty
MG's warranty cover is very impressive, matching Kia's seven-year duration and covering both the batteries and the car. Its mileage limit of 80,000 is not quite as high as Kia's 100,000, but electric-car drivers are less likely to cover high mileages, so the MG's cover should be very appealing to many buyers for the long-term peace of mind it offers.
Servicing
MG offers service plans on its electric cars from as little as £6 per month, with repayments spread over two to five years. The service plans cover periodic maintenance, safety inspections and 12 months' AA roadside assistance.
Road tax
As with all zero-emissions cars, the ZS EV isn't liable for any road tax (VED). That may change in the near future as the number of electric cars on the road goes up, but for now it's one less bill to worry about.
Electric cars also avoid the London Congestion Charge until 2025 and attract just 1% Benefit-in-Kind (BiK) company-car tax during the 2021-22 financial year, rising to just 2% for 2022/23 and the following two financial years.