Skoda Enyaq iV review: running costs & insurance
Relatively affordable list prices, low tax bills and long service intervals; whatever you’re used to, the Enyaq iV promises to be a cheap car to run
|Insurance group||Warranty||Service interval||Annual company-car tax cost (20%/40%)|
|23-36||3yrs/60,000 miles||2yrs/18,750 miles||From £156/£311|
Whatever you’re driving right now, the Enyaq iV is likely to be very affordable to run in comparison. It offers affordable insurance premiums and low tax bills – whether you’re looking at one as a private buyer or company-car driver. Skoda warranties are less competitive than they once were, but that should only concern those looking to keep their cars longer than three years or used buyers.
Skoda Enyaq iV insurance group
Insurance groups for the Enyaq iV are reasonable by electric-car standards. Most mainstream petrol family SUVs fall below group 30, and the same is true of the most versions of the electric Skoda. Entry-level Enyaq iV 60 versions sit in insurance group 23, while models with the 80 powertrain and larger battery fall into group 26. The 80 SportLine Plus versions will be more expensive to insure, as they sit in insurance group 28, while the all-wheel drive 80x SportLine Plus falls in group 32.
Finally, the range-topping, high-performance Enyaq iV vRS is insurance group 36, which is on par with its Volkswagen ID.4 GTX sister car and rivals like the Ford Mustang Mach-E and Kia EV6.
Like all Skoda models, the Enyaq iV is guaranteed for three years or 60,000 miles, whichever comes first. It’s worth noting that Kia and Hyundai, as well as MG and some other manufacturers, offer warranties of up to seven years. The Toyota bZ4X even offers up to ten years of coverage, providing you get the car serviced at a main dealer. But every version of the Enyaq iV, like most new electric cars, comes with a separate eight-year/100,000-mile battery warranty, protecting the health of the battery for as long as most first owners will keep the car.
The Enyaq iV will need servicing every two years or 18,750 miles, whichever comes first. That may seem like a long time to go without a check-up, but most electric vehicles require less maintenance due to the reduced complexity and fewer moving parts. Longer service intervals are normal in this area of the market, and they could save you a lot of money in the long run compared to a petrol or diesel car if you’re a high-mileage driver.
All electric cars are exempt from annual road tax, also known as vehicle excise duty (VED), until 2025. The same goes for the London Congestion Charge. Company-car tax will be minimal, too, as the car falls into the 2% Benefit-in-Kind company-car tax band until at least April 2024.
In This Review
- 1VerdictSkoda's first bespoke electric car very nearly has it all – space, technology and a solid 300-mile range. It represents decent value for money, too
- 2Range, battery & chargingThe Enyaq iV is offered with two batteries, up to 339 miles on a charge and impressive 135kW rapid charging speeds
- 3Running costs & insurance - currently readingRelatively affordable list prices, low tax bills and long service intervals; whatever you’re used to, the Enyaq iV promises to be a cheap car to run
- 4Performance, motor & driveAlthough not as fast or fun as some electric cars, the Enyaq iV is a safe and predictable car to drive; ride quality could be better, however
- 5Interior, dashboard & infotainmentThere's lots of choice when it comes to interior trim, but whichever version of the Enyaq iV you go for you’ll be presented with a spacious and well-finished cabin
- 6Boot space, seating & practicalityThe Enyaq iV is one of the most practical and spacious electric cars currently on sale, with loads of room in any of the five seats
- 7Reliability & safety ratingSkoda has a fantastic reputation for reliability, and the Enyaq iV was also awarded the maximum five-star crash-test rating by Euro NCAP