Pricing
At launch we criticised the Corsa-e for being a very expensive car. Now, thanks to a series of substantial price cuts, the whole range looks considerable better value. Indeed, with prices starting from £28,500, the Corsa-e is now almost £5,000 cheaper now that it was at launch.
Vauxhall and its dealers are experts in making new cars affordable, so it’s worth doing some research and calling a few showrooms to see what the current deals are leasing, PCPs and PCH.
And while the electric version is still more expensive to buy than its petrol-powered sibling, owners will be able to claw back that initial extra outlay thanks to much lower running costs. Do some sums and it might become apparent that electric Corsa motoring is cheaper overall, despite the extra cost.
Running costs
A Vauxhall Corsa has always been one of the cheapest cars to run, and the electric version makes it even more affordable – once you’ve taken the initial purchase price into account. First the fuel costs: plug in at home, where you’re paying the average amount of about 14p per kWh and a Corsa-e will cost about six quid to charge. That should be good for 200 miles, which works out about a quarter of the cost of a petrol car which is managing about 50 mpg. Multiply that over a year and 10,000 miles and it’s a £900 saving.
As Vauxhall is heavily geared to fleet customers, servicing and insurance rates tend to be cheaper than most rivals and the Corsa-e will need less attention at the workshop than a conventional petrol or diesel.
Talking of fleets, a Corsa-e as a company car will make huge sense, following the new rules around benefit in kind taxation. They mean you’ll pay 2% tax for having an electric car in the 2022/23 tax year, saving thousands compared to a petrol or diesel car.