Skoda Citigoᵉ iV (2019-2020) running costs
|Insurance group||Warranty||Service interval||2020/21 company-car tax cost (20%/40%)|
|11-12||3yrs / 60,000 miles||1yr / 10,000 miles||£0|
The Skoda Citigoᵉ iV sets promising new standards for how cheap a new, pure-electric hatchback can be. Because it’s offered without fast charging – something you can't do with the SEAT Mii electric or Volkswagen e-up! in the UK – it’s the cheapest of the electric city-car trio. That's reflected in finance costs as well as a low list price.
Put £2,000 down on a Citigoᵉ iV SE and you’ll be paying close to £200 a month on a four-year contract, even with a 10,000-mile annual allowance. The SE L tends to be around £20 a month more expensive, but whichever model you go for and however you choose to buy it, the Skoda is fantastically affordable. Given that a full charge will cost just over £5 – working out at under 4p per mile to ‘fuel’ – and servicing is super-cheap, it really is great value for such a capable little electric city car.
That goes for company-car users, too; they'll pay zero Benefit-in-Kind tax during the 2020/21 financial year, and barely any more than that in the year following. Companies will find this one of the cheapest electric cars to add and run on their fleets, too, so it promises to be a win-win for all parties.
Skoda Citigoᵉ iV electric insurance group
The Citigoᵉ iV is rated in insurance groups 11 to 12, which is about on a par with conventional rivals like the Hyundai i10, so the Skoda is a great choice for new, young or high-risk drivers.
Skoda's standard manufacturer warranty lasts for three years/60,000 miles, and can be extended to four or five years at extra cost. The battery is warrantied for eight years/100,000 miles, but there’s no performance guarantee like you get with some rivals such as the BMW i3 and Renault ZOE. They're eligible for battery refurbishment or replacement during the warranty period if their batteries drop below 70% of the as-new performance.
The Skoda needs a check-up every 10,000 miles or 12 months, whichever comes first, but Skoda offers a fixed-price £90 service offer that covers the first two services, so it still promises to be super-cheap to maintain.
The Skoda is exempt from VED (road tax), and also gets free entry into the London Congestion Charge zone until 2025.