27 September 2010 by Parkers Team

  • First residual values for new generation of electric cars
  • Leaf retains up to 46% of its value after 3 years and 30k miles
  • Stronger residuals than eco-friendly diesel competitors

Industry valuation experts have announced the predicted resale values for the Nissan Leaf.

The electric car that is currently available to order and due for delivery in March 2011. These are the first used values to be announced for the latest, and most current, electric cars.

The Leaf, which costs £23,990 after a government grant of £5,000, will hold approximately 46% of its value after three years and 30,000 miles - at which point it'll be worth up to £11,035.

If the grant stops in 2012 and customers end up paying the full price of £28,990, their Leaf will be worth £11,596 - a 40% residual value - after three years.

Companies or individuals using the Leaf could save more if they run the vehicles for longer due to the lower running costs, including servicing. Nissan also guarantees the Leaf's battery for eight years or 100,000 miles.

Other eco-friendly diesel competitors, such as the Golf Bluemotion, Toyota Auris HSD and Ford Focus Econetic, have weaker predicted residual values but cost less to buy, meaning that a diesel could work out much cheaper to own and run than the Leaf over the same period of time.   

For example a Golf BlueMotion will potentially average 74mpg - meaning that the cost of fuel for 30,000 miles, at £1.16 a litre, will be approximately £2,135. As the Golf's emissions are under 100g/km of CO2, the road tax is free. Consequently the Golf, aside from servicing, will cost roughly seven pence a mile to drive.

The Nissan Leaf, on the other hand, claims running costs that are up to five times less than the equivalent petrol or diesel powered car - meaning the Leaf would potentially cover the same distance for £427, a figure of about 1.4 pence per mile.  

As a result the Leaf would cost, including deprecation, after three years and 30,000 miles, a total of £13,422 while the diesel Golf would cost £12,235 - so it could be up to £1,200 more expensive to own and drive the Leaf.

Model

Cost

Value after 3 years / 30k

Residual value

Loss

Nissan Leaf (with government grant)

£23,990

£11,035

46%

£12,995

Golf BlueMotion

£18,075

£7,975

44%

£10,100

Toyota Auris HSD

£18,895

£7,800

41%

£11,095

Ford Focus Econetic

£17,290

£5,550

32%

£11,740

Parker's Top Tip

Could you be saving money by driving a diesel instead of a petrol? Check out our comparison calcuator to see if it'd be worth making a change - or have a look if you could save more fuel by reading our economical driving guide.