The UK’s cheapest new EV can be yours from £158 per month with stunning new deal – but the offer ends in just weeks
THE UK’s cheapest new EV can now be yours from just £158 per month under a stunning new deal.
Brits can enjoy features like rapid charging, LED headlights and touchscreen display for just over the price of their weekly food shop.
Romanian carmaker Dacia is perhaps most familiar to British drivers for its popular Sandero model, especially after it was prominently featured by James May on Top Gear.
But it has spent years carving out a niche as one of the most consistently affordable brands on the market.
Indeed, the Sandero is currently the cheapest new car of any type available in the UK at £13,795.
And the firm has now claimed the budget crown in the electric sector too with the new Dacia Spring.
The playful supermini retails from £14,995, making it the nation’s cheapest new EV.
That’s around £8,000 less than its nearest rival on price – the Citroen e-C3.
However, given that almost 90% of new cars sales are on finance these days, Dacia also offers some very attractive installment plans.
The latest deal offers drivers a Personal Contract Purchase (PCP) loan if don’t want to buy the car outright.
Under a PCP agreement, you pay an initial deposit (usually around 10% of the car’s value) and then reduced monthly contributions over a set term.
Unlike Hire Purchase deals, you won’t have to pay off the full value of the motor over that period.
But this does mean that if you want to keep the car at the end of the deal you have to cough up a “balloon payment” for the remaining balance if you want to retain it.
Otherwise, you can return it for some money back or part exchange it against your next vehicle.
Dacia’s “Electric Boost” offer requires a deposit of just £2,325 to access a four-year loan with a 3.9% APR representative interest rate.
This allows drivers to finance the base level Expression 45 trim for £158 per month.
You can also opt for the mid-range Expression 65 for £168 monthly or the class-topping Extreme 65 for £178.
Just make sure, as with any loan agreement, that you are confident you can afford the repayments across the entire term before you sign up.
It’s always worth seeking independent financial advice ahead of signing any finance contract.
You’ll have to make that decision relatively soon, though, as the offer is only available until the end of this month.
The new Spring is then expected to hit UK showrooms in October.
Cheapest new cars in the UK for 2024
- Dacia Sandero – £13,795
- Citroen C3 – £13,150
- Fiat Panda £14,750
- Dacia Spring (EV) – £14,995
- Dacia Sandero Stepway – £15,295
- Kia Picanto – £15,595
- Hyundai i10 – £16,030
- Toyota Aygo X – £16,140
- Fiat 500 Hybrid – £16,800
- Dacia Duster £17,295
A Dacia spokesperson said: “The All-New Dacia Spring – the UK’s most affordable new electric car – is now even more accessible after Dacia has introduced a new limited-time ‘Electric Boost’, which drops the monthly payment to as little as £158 via a four-year, 3.9% APR representative Personal Contract Purchase (PCP) deal.
“With first deliveries of the Spring scheduled for October, the ‘Electric Boost’ of up to £500 comes just in time for those who want to be amongst the first to get behind the wheel of the game-changing, pure-electric supermini.
“Those who want to take advantage of the offer will have to be quick though, as it is only available until the end of September.”