RE: Scandalously cheap, fast EVs | Six of the Best

RE: Scandalously cheap, fast EVs | Six of the Best

Thursday 5th June

Scandalously cheap, fast EVs | Six of the Best

We all know there are plenty of very affordable electric cars out there - here are a few you might actually want 


Kia EV6 GT, 2023, 21k, £31,948

For an assortment of reasons that have been discussed at length already - customer demand (or lack thereof), oversupply, infrastructure shortcomings, regulatory uncertainty, general economic woe - the market for new electric cars doesn’t look brilliant. With manufacturers chasing a return on their investment, many if not most seem expensive when there’s less money than ever, it seems, for car buying. Which is bad news for the firms making them and the people buying them. The good news is that it means used EV bargains aplenty for the canny secondhand buyer. Every single car in this list can’t shed the amount of money it’s depreciated (or been reduced by) again, and none is more than four years old - so it's hard not to be a little intrigued, even if the sight of a plug socket causes your blood to boil. This Kia EV6 GT is the perfect example of what we’re on about: 585hp strong, smart looking, mega practical and not bad to drive, but overshadowed now by an upcoming replacement and the related Ioniq 5 N. Which means just £32k for a 20,000-mile car from 2023. It was £62,675 once upon a time…  

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Jaguar I-Pace R-Dynamic SE, 2025, 10 miles, £38,850

While the Jaguar I-Pace no longer represents the pinnacle of family-friendly EV motoring - with its modest 100kW max charge rate and sub-300-mile range - it’s certainly not without its appeal. The design is ageing really nicely, it still drives with Jaguar-typical panache, and the relative age means an interior that combines buttons and screens properly. Thanks in part to the broader journey Jaguar is on, the current bargains available, with a load of stock flooding dealers earlier in 2025, are mind-blowing, with dozens of cars at tens of thousands off their list price. The great clearout is obviously intended to make way for what’s coming next, which will undoubtedly make the I-Pace look even older - but that new car smell will be even sweeter with a huge saving. This 400hp R-Dynamic SE has red paint, silver wheels, and a pano roof, a welcome break from the blacks and greys. Not so long ago the I-Pace was £70k new. 

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Porsche Taycan, 2021, 96k, £31,700

Perhaps the most famous poster car of the bargain EV generation, the Taycan really was a victim of its own success. It was - and it still is - a brilliant EV, the improvements of the recent facelift notwithstanding, with decent range and proper Porsche polish to the dynamics. So plenty of people got them at launch, whether privately or through a business, most on three- or four-year deals; meaning that by the time they were up, the EV landscape looked quite a bit different. Which is to say bleak: there were many more cars suddenly available than there was demand to take them. In 2025, a used Taycan starts from around £35k; a Panamera at £35,000 will be three years older. Then there’s this one, with one owner putting on almost 100,000 miles since 2021 - and a £31,700 asking price now attached. It benefits from the big battery, Turbo wheels and Bose sound as part of a £13k options spend from new. Beyond a shiny wheel, you’d never know the mileage. 

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BMW i4 M50, 2022, 32k, £35,950

The i4 M50 was BMW’s best-selling M car in 2022, the year this one was registered. It repeated the feat in 2023, to prove it wasn’t a one-off. Then, for emphatic proof of the EV’s popularity among business users, the M50 was BMW’s best-selling M car in 2024 as well. Don’t forget that ‘M cars’ now includes the M Performance models as well, so there’s really no denying the i4’s popularity (once you've factored in the tax breaks). It’s easy to understand, too, the five-door fastback not straying too far from the familiar BMW design language - it’s a 4 Series Gran Coupe, unless you look really closely - and therefore perfect for those who don’t want to shout about EV ownership. It drives like a BMW, too, rear-biased despite the xDrive and more than fast enough with 544hp. (A new, 601hp, i4 M60 might make deals even juicier on the old model.) This one looks great on the snazzy wheels and Tanzanite Blue paint; £35,950 is more than some, but still about half the price of a factory fresh one…

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Mercedes-Benz EQE 350+, 2022, 32k, £33,500

While an AMG-fettled version of the EQE might be more PH-worthy, it’s hard to ignore a standard car at the price of a Volvo EX30. This is an EQE 350, meaning rear-wheel drive and the best setup for range, the official WLTP score nudging 400 miles when new. Speaking of new, an updated 350 with a little extra power and range is now up to £86,000 depending on spec. The car most comparable to this EQE AMG Line currently retails at £75,000. Even if it looks a bit strange, this is a whole lot of Merc EV wizardry and relaxing refinement for not much more than £30k. The mileage is totally average (32k), the pano roof is a nice extra to have, and the solitary owner only serviced it at MB. Expect the best part of 300hp to be absolutely fine, and to feel maybe a bit less worried about the world from behind the wheel. Just be prepared, in traditional big Benz fashion, for it to depreciate further. 

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Ford Mustang Mach E GT, 2022, 12k, £34,489

It seems like barely any time at all since the uproar that greeted Ford's totally wizard idea of using the Mustang name for its electric SUV. But it’s five years now since the Mach E launched - we’ve even had the Capri furore since - meaning there are most certainly deals to be had. The electric Mustang line-up offered something for everyone, from long-range rear-drivers to dual motor speed machines, all with decent efficiency. The Rally will be the most fun, but they aren’t cheap for now. The 487hp GT, however, is much more affordable than it was at launch in 2022. Back then, a flagship Mach E, complete with Magneride dampers, bespoke Pirellis and Brembo brakes would have cost £65,080. Now it’s from less than £30k. Or, with just 12,000 miles and the excellent Cyber Orange paint, less than £35,000.

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Author
Discussion

dunnoreally

Original Poster:

1,270 posts

122 months

Thursday 5th June
quotequote all
I reckon they've all got a long way to fall yet. I look forward to buying a Porsche Taycan shed for trips to the tip in 6 or 7 years' time.

Edited by dunnoreally on Thursday 5th June 01:32

Checkmate

703 posts

221 months

Thursday 5th June
quotequote all
Actually, I don't think I want any of these, thanks.

daqinggregg

4,345 posts

143 months

Thursday 5th June
quotequote all
Only one strikes me as deserving the accolade, ‘Scandalously cheap’ The Taycan, when compared to its new price.

The i-pace, while a good looking old hector, it was dated 5 years ago. KIA, I like Korean cars, but 32K for a family hatch is not cheap, never mind scandalously so. The Mercedes and Ford, just look like, average crap.

IMO, the BMW does stand out as a decent looking car, but it’s a tough call when set against the Taycan, I’d be happy with either.

AndySheff

6,761 posts

221 months

Thursday 5th June
quotequote all
Checkmate said:
Actually, I don't think I want any of these, thanks.
I was thinking that before I read the list.
I read the list.
And that confirmed my suspicions.
Worst "look what's for sale on PH" list ever !

GTEYE

2,239 posts

224 months

Thursday 5th June
quotequote all
I see on AT there’s still over 50 of the Jags for sale with delivery mileage. They first appeared quite a few months ago, so even at half price they’re not exactly flying off the shelves…

Tom1312

1,084 posts

160 months

Thursday 5th June
quotequote all
Surely with all the tax incentives thrown at EVs, wouldn't a brand new car be cheaper on the usual business user / BIK sort of schemes than one of these used ones on car finance deal / bank loan for the average buyer...

Doesn't make them seem so cheap when you think of it like that?

There's no way these don't have further to depreciate either.

Edited by Tom1312 on Thursday 5th June 05:44

pb8g09

2,797 posts

83 months

Thursday 5th June
quotequote all
Seems incredible to me that the Taycan is hovering around the price that a 10/12 year old good spec Cayman is given -in my head- how new it is.

I think I’d take the BMW on this list given the thread the other week where users said how good they are.

But in reality, until it becomes completely impractical to do so, I’ll continue to run an ICE.

oilit

2,722 posts

192 months

Thursday 5th June
quotequote all
AndySheff said:
Checkmate said:
Actually, I don't think I want any of these, thanks.
I was thinking that before I read the list.
I read the list.
And that confirmed my suspicions.
Worst "look what's for sale on PH" list ever !
I am stunned there isn t a Tesla in there given they have fallen so hard residual wise, and despite their questionable ceo and cheap interiors, I think the drivetrain was pretty good from what I have heard.

I think the cost of electricity means there is no real significant savings on running costs, so whats the compelling reason to shift from the IC as a private buyer? - I for one will stick with ICE despite 3 years of Leaf ownership a few years ago

Reciprocating mass

6,043 posts

255 months

Thursday 5th June
quotequote all
Scandalously cheap rofl
To me scandalously cheap is a few grand and over 100,000 miles and then add on the same if not more miles
And pay out 80 quid once or twice a year servicing the thing

Tony_T

836 posts

95 months

Thursday 5th June
quotequote all
All of these are unaffordable to someone on an average UK salary so don’t see how they can be described as cheap. Also there are way better non electric alternatives for the money.

wistec1

608 posts

55 months

Thursday 5th June
quotequote all
Great read which in many parts just serves to reinforce my opinions on all EVs. I also share the sentiments of others in respect of abnormal depreciation and more of f the same is surely yet to come.

I pity the fuel so I'll forever keep dropping my hard earned on ICE Thankyou.

Kipsrs

576 posts

63 months

Thursday 5th June
quotequote all
Same as the theme running through the rest of the posters for me, nope, non of them appeal at all or seem to be “scandalously ‘cheap’ “ , yes maybe compared to their new prices but they’re not new! Someone on an average wage wouldn’t necessarily be able to pay any of those sorts of figures! I have no idea what the servicing/running (tyres,brakes etc) costs are but I shouldn’t imagine they’re cheap. I recon the Porsche set of pads and discs would start at around £4k?

GianiCakes

452 posts

87 months

Thursday 5th June
quotequote all
I mean it s not shed of the week so for what you get those are reasonable prices by today s standards. EV is a very good drivetrain for many people s daily needs and I think the Kia and BMW in particular would be solid options.
In my experience serving and running costs are very low and overall reliability is likely to be good. Taycans have been problematic however so you want to make sure you had some cover for that but this guy has put on 100k miles so can t have had too many issues. High weight and torque means they chew through tyres but apart from that they should be cheaper than a comparable ICE.
Tesla drivetrains are good but the other car bits like headlights and windscreen washers were rubbish, at least on my S. They re difficult to move on as well as the trade doesn t like them and finding a private seller can be challenging, even more so now.

Alex_225

6,886 posts

215 months

Thursday 5th June
quotequote all
Checkmate said:
Actually, I don't think I want any of these, thanks.
I'm with you on this too.

The only one that looks a bit nice is the Porsche but nearly 100k miles and £31k don't work for me. Perhaps that's the 43 year old in me thinking cars are just very expensive nowadays.

A friend of mine has one of those Jags though, and he highly rates it but he's very much one for new cars and gadgets more than the driving experience so our outlook varies on cars.

howardhughes

1,219 posts

218 months

Thursday 5th June
quotequote all
No thanks. I'd rather have a slower car with a real engine and gear box.

scenario8

7,077 posts

193 months

Thursday 5th June
quotequote all
It s difficult for me to get my head around the cost of EVs from a private buyer perspective. If you re fortunate enough to qualify for the (frankly obscene) tax benefits via salary sacrifice, or BIK or other tax avoidance schemes brand new vehicles, often with RRPs either side of a hundred grand (!) can cost you pennies. Commonly even with insurance and servicing costs included. On the other hand the slightest glance at leasing classifieds show how much brand new metal is available for three or four hundred pounds per month. So the appeal of secondhand cars, often already two, three or four years into their lives and likely to depreciate at five hundred to a thousand pounds per month is small.

I should add that the world I inhabit doesn t really think thirty plus grand is scandalously cheap for pretty much anything. Assuming that s the genuine market price for something. I m certain each of these cars featured is very nice on its own. Just not scandalously cheap to me.

I’m a bit disappointed if I’m honest!


SDK

1,636 posts

267 months

Thursday 5th June
quotequote all
Appears EV’s are not depreciating as fast as people post they do..

Most of these are within 50% loss compared to the new RRP (which no one paid) after 3 years.
The Taycan is the base spec slow model, with nearly 100k miles and 4 years old.

fantheman80

1,934 posts

63 months

Thursday 5th June
quotequote all
I think me and PH have different interpretations of 'Scandalously Cheap'....


Boringvolvodriver

10,312 posts

57 months

Thursday 5th June
quotequote all
Not for me thanks - I don’t call £30k cheap.

The cars are heavily depreciated which probably tells us all we need to know.

andrewpandrew

416 posts

3 months

Thursday 5th June
quotequote all
Definitely the nicest spec i4 I’ve seen.

A LRDM Polestar 2 would be a good addition to the list -

https://www.pistonheads.com/buy/listing/18584439