Skoda Enyaq iV 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

Overall rating

4.5 out of 5

Running costs & insurance rating

4.5 out of 5

Insurance groupWarrantyService intervalAnnual company-car tax cost (20%/40%)
23-32Three years / 60,000 milesTwo years / 18,750 milesFrom £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 versions will be more expensive to insure, as they sit in insurance group 28, while the top-of-the-range 80x SportLine falls in group 32. 

The insurance rating for the high-performance vRS model has yet to be announced, but we expect it’ll attract a very similar group 35 rating to its Volkswagen ID.4 GTX sister car. 

Warranty

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.

Servicing

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.

Road tax

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.

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