Pricing
The VW ID.5 Match is a competitive price given the levels of equipment, and the range that it offers – even next to alternatives like the Tesla Model Y, Skoda Enyaq and Peugeot E-3008, the ID.5 is decently priced on list price. It’s not bad on finance, either, as Volkswagen will sweeten the deal with a deposit contribution and low- or zero-interest finance deals, which helps to keep monthly costs down to well below £500 per month with a deposit or part-exchange of around £5,000.
Running costs
The ID.5 promises to be a usefully efficient electric family car now that it’s had its powertrain updated for the 2024 facelift. Officially it manages 3.9 m/kWh, while we’d expect it to average more like 3.4m/kWh across the year, which means that you’ll pay around 7- to 9p per mile if you’re charging at home using a standard domestic tariff of 25p per kWh (a petrol car doing 40mpg costs around 18p per mile, for some context).
You can also cut that electricity cost by more than half if you use an off-peak, overnight tariff, so it’s possible to get fuel costs for the ID.5 – and any similarly efficient electric car – down to below 4p per mile.
VED road tax is currently free on electric cars, and company car tax remains very low, so going for an electric car like the VW ID.5 can save many thousands in Benefit in Kind tax over comparable PHEV, hybrid, petrol or diesel cars.
Insurance
The ID.5 falls into insurance group 35 for the ID.5 Match, or group 40 for the ID.5 GTX, which means that it’s on a par with the sort of prices you’ll pay for most rivals, although alternatives like the Tesla Model Y and Kia EV6 are a bit more expensive to insure.
Servicing costs
The ID.5 needs an inspection service every two years or 20,000 miles, and then an inspection ever year or 20,000 miles thereafter. VW offers a deal that means you’ll pay a fixed price of £372 for the first service and MOT, inclusive. The car will also warn you if- or when it needs attention by pinging a message onto the dash.