Electric car owners can save £600 a year – here is why you should go electric
Drivers looking to reduce their motoring costs could be saving up to £600 a year on fuel alone by switching to an electric car*.
Many drivers are feeling the squeeze at the pumps, while the second-hand electric vehicle (EV) market continues to grow in popularity and size, with 110,761 pre-owned EVs sold during April to June 2026 – a 67% increase compared with the same period in 2025**.
We can vouch for the popularity of EVs and are offering our top reasons for drivers to visit an exclusive event to find a new set of wheels.
Jon Powell, Head of Business, said: “As petrol and diesel prices rise***, and more used electric cars enter the market, now is the perfect time to make the switch to electrification and benefit from the savings in fuel and maintenance that owning an EV brings. Here are three ways an EV will save you money:
1. They’re cheaper to run
On average, EV drivers pay £630 to charge their cars annually, based on driving 10,000 miles a year. By contrast, petrol drivers pay £1,230 to cover the same mileage – a significant £600 increase in cost*.
- They can be cheaper to maintain
“All electric cars use regenerative braking, which helps recharge the battery which can help reduce wear on brake pads and discs, leading them to last longer.
“With fewer moving parts than their petrol and diesel counterparts, EV’s can be cheaper to run, particularly for drivers able to charge at home.
- There are more used electric cars than you think
“Electric cars still feel new and novel to some, so it can be surprising to learn that there are lots of used electric vehicles on the market, which is a great option if you’re keen to make the switch but don’t want to go for a brand-new car.
“If you’re considering purchasing a used electric or hybrid car, check out our Selekt Approved Used Car Sale Event, taking place from Monday 12th October to Monday 26th October.”
The Volvo Selekt Approved Used cars have passed over 100 checks to meet Volvo’s highest safety standards.
Visitors are encouraged to test out and compare the used range, which is comprised of diesel, petrol, hybrid and electric vehicles, while enjoying cakes and refreshments in the Scandinavian-designed showroom. Those visiting can take advantage of our exclusive event offer of £250 finance contribution with 6.99% APR representative Personal Contract Purchase (PCP) finance on cars up to 12 months old.^
Visitors can chat to experts who will be on hand to share advice about which model will be suitable for customers' lifestyles and needs. Whether they are making the switch to an electric vehicle or need extra space for family life.
To find out more about the Volvo Selekt Approved Used Car Sale event at Volvo Cars Poole, visit www.volvocarspoole.co.uk or call 01202 065555.
^Finance Terms and Conditions
At participating retailers. Retail customers only. Event offer available on Volvo Selekt Approved Used cars up to 12 months old when purchased between 12/10/26 and 26/10/26 and financed on Personal Contract Purchase (PCP) and Volvo Loan finance through Volvo Car Financial Services UK Limited, SL6 4FL. At the end of the agreement there are three options (i) Renew: part exchange the vehicle, where equity allows. (ii) Retain: pay the Optional Final Payment to own the vehicle, or (iii) Return the vehicle. Further charges may apply subject to the condition or mileage of the vehicle. Minimum £10,000 to finance. Subject to status. 18s and over. Terms apply. Subject to availability. Not combinable with other offers
Volvo Cars Poole, located at Ringwood Road, is a credit broker not a lender. We can introduce you to a limited number of carefully selected providers and will receive a commission from them for the introduction. For questions about commission, speak to your retailer.
*Data obtained by Electric Car Scheme 2026
** Data obtained by SMMT 2026 figures
*** Data obtained by RAC figures 2026