Pricing
The Kia Niro EV starts at £37,325 but the mid-spec Horizon model that we’d recommend comes in at £37,995. The range stretches right up to £43,225 for the ‘4’ trim with a heat pump, which is very expensive. In fact, even at the lower end of the range the Niro looks a bit pricey next to rivals like the MG4, or even the VW ID.3.
Finance is very good, though, with low interest offers and deposit contributions available, so a Niro EV Horizon will cost your around £400 per month with a £4000 deposit on a three year PCP contract.
Running costs
Residual values are good on the Kia, not least thanks to the seven-year warranty and an established reputation as one of the more efficient and reliable cars in the class, so it’ll be worth a good amount when you come to sell it on or trade it in for a replacement.
It should also be one of the cheaper cars to run thanks to that efficiency. If you’re charging at home on a standard domestic electricity tariff and seeing 4.0 miles per kWh from the Niro EV, you’ll be paying around 7- to 8p per mile. That’s under half of what it would cost to fuel a comparable petrol car, and you can cut costs on the Niro EV even more by sticking to off-peak tariffs.
The Kia comes with a seven-year, 100,000 mile warranty that applies to the vehicle and the high voltage battery, which is one of the best standard warranties of any manufacturer.
Insurance
The Kia is affordable to insure, being rated in either group 28- or 29. Even so, insurance prices have gone up on all cars in the last few years, and prices will vary hugely depending on your location and how long you’ve been driving, so always get personalised insurance quotes before committing to any car.
Servicing costs
Kia offers fixed price servicing offer on the Niro EV, which costs a one-off payment of £329 for three years of servicing – around half what the company charges for the same servicing pack on one of its hybrid or plug-in hybrid cars. The car will beam a message onto the driver’s readout when servicing is due, and that timeframe will vary depending on how its routinely driven, but expect a nudge every 18 months or 12,000 miles or so.