As electric vehicles (EVs) continue to grow in popularity, one question remains at the top of every buyer’s mind: how can I get the most value for money when switching to an EV?
At Lincoln Vehicle Solutions, we’ve crunched the numbers to bring you the top 10 electric cars offering the best value based on a simple formula:
Retail Price ÷ Quoted Range = £/Mile of Range
This gives a clear view of how far your money takes you with each EV — and helps cut through the marketing jargon. Whether you're looking for a budget-friendly city EV or a long-range family car, this list reveals the best value electric cars in the UK right now.
🔟 Skoda Elroq 85
- Range: 280 miles
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Battery: 77kWh
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Retail Price: £38,650
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£/Mile of Range: £138
A sleek and practical SUV with family-friendly space and solid range, the Elroq just makes it into our top 10.
9️⃣ Citroën e-C3
- Range: 160 miles
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Battery: 44kWh
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Retail Price: £21,990
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£/Mile of Range: £137
A modern compact EV ideal for city drivers. Affordable, functional, and fun to drive.
8️⃣ Renault Scenic E-Tech Long Range
- Range: 300 miles
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Battery: 87kWh
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Retail Price: £40,995
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£/Mile of Range: £137
A practical family car that combines spacious design with impressive range.
7️⃣ Hyundai INSTER Long Range
- Range: 185 miles
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Battery: 46kWh
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Retail Price: £25,045
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£/Mile of Range: £135
Hyundai’s new compact EV brings strong value with premium features in a small package.
6️⃣ Renault 5 E-Tech Comfort Range
- Range: 200 miles
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Battery: 52kWh
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Retail Price: £26,995
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£/Mile of Range: £135
Stylish, retro-inspired, and returning for a new era — the Renault 5 is one to watch.
5️⃣ Tesla Model 3 Long Range RWD
- Range: 340 miles
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Battery: 75kWh
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Retail Price: £44,990
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£/Mile of Range: £132
Tesla’s tech and efficiency shine here — one of the most cost-effective long-range EVs on sale.
4️⃣ Fiat Grande Panda
- Range: 160 miles
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Battery: 43.8kWh
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Retail Price: £20,975
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£/Mile of Range: £131
A practical and compact EV that’s great for urban use — and impressively priced.
3️⃣ MG4 Long Range
- Range: 225 miles
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Battery: 61.7kWh
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Retail Price: £29,495
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£/Mile of Range: £131
The MG4 continues to be a top pick for value-conscious drivers who don’t want to compromise on tech.
2️⃣ Kia EV3 Long Range
- Range: 280 miles
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Battery: 78kWh
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Retail Price: £35,995
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£/Mile of Range: £129
New to the market and already making waves. A strong mix of modern design, tech, and range.
🥇 1️⃣ Leapmotor T03
- Range: 140 miles
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Battery: 36kWh
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Retail Price: £15,995
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£/Mile of Range: £114
Unbeatable value — the T03 leads the way with the lowest cost per mile of EV range in the UK today. Ideal for city driving, new EV adopters, or second-car households.
Why £ Per Mile of Range Matters
The up-front cost of an EV is only one part of the equation — understanding how far your money goes is vital. Calculating £ per mile of range provides a transparent way to compare EVs, regardless of size or brand.
It doesn’t consider running costs, charging efficiency, or resale value — but it gives a strong indicator of raw range-for-money value.
Thinking About Making the Switch to an EV?
We’ve helped loads of customers find the right electric car lease to suit their lifestyle and budget. If you’re considering making the move to electric, check out our latest EV leasing offers, with stock available for immediate delivery.
Final Thoughts
As EV technology becomes more accessible, there are more options than ever for those looking to make the switch — without breaking the bank. From affordable compact EVs to long-range family cars, today’s market has something for everyone.
Whether you're focused on value per mile, charging convenience, or overall running costs, we're here to help you find the perfect electric vehicle for your needs.