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How Much Cheaper Is An Electric Van In the Long Term?

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April 29th, 2022

Electric vans can play a huge role in reducing your business costs; with reduced running and servicing costs, electric vans can keep your business moving, without the need for costly expenses, repairs or diesel top-ups. Here, we take a closer look at some of the ways in which an electric van will be cheaper in the long term:

Price

Generally speaking, electric vans and vehicles are more expensive than their diesel-powered counterparts, but with the ability to make use of the Government’s Plug-in van Grant, which is greater than it would ordinarily be for standard electric cars, you can save yourself money on the initial upfront cost. On average, you can get up to 35% off the price of a van that emits less than 50/km of C02 emissions and has the ability to travel at least 60 miles on pure-electric power.

Government grants for electric vans will depend on the size of the vehicle, with up to £2,500 granted for small vehicles, and large vans qualifying for up to £5000. Further details on grant specifications for electric vans can be found at gov.uk.

Remember; you can claim a total of 1000 plug-in van grants for your business or organisation each year, with the limit resetting every year on April 1st.

Running Costs

Arguably the most significant advantage of running an electric van compared with the traditional diesel counterpart is the significantly lower running costs. Due to the fact the cost of electricity is considerably lower than diesel fuel, you will be paying far less running costs for the same journey. On average, an electric vehicle costs 2-3p per mile to run, compared to around 10p per mile for a standard diesel van. This will naturally have a huge impact on your outgoings as a business, saving you considerable sums of money in the long term.

It’s believed that charging a fully flat battery for an electric van overnight will cost around £1.50, whereas a diesel van would require around £15 worth of fuel just to cover 100 miles.

Servicing

Electric vans have significantly fewer moving parts than a traditional diesel alternative, and in this case, are much most cost-effective to maintain and repair. Electric vans engines are far less prone to the impacts of wear and tear, with no pistons, clutch or oil to either consider or replace. This means your electric van will ultimately save you maintenance costs in the long term, reducing your expenses in both the present and the future.

At Van Sales UK, we supply a wide range of electric vans for your consideration. If you’re looking for the best New Electric Van Deals, look no further. We’re proud to be the home of low-cost New Electric Vans. Put simply, we won’t be beaten on price or customer service. Contact us today.

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