In-depth reviews

Volkswagen ID.3 review - Range, charging and running costs

The ID.3 is cheap to run day-to-day and will hold onto its value, but insurance premiums could be expensive

Running costs are the ace up the sleeve of any EV and, although the price of the ID.3 can move up to the £40,000 mark, it’s true value is really highlighted by its decent range and zero CO2 emissions. For business users that means a 2% BiK company-car tax rate for 2022/23, while driving into congestion charge areas will also be free of charge. 

There shouldn’t be any issue with the ID.3’s range, as the mid-spec 58kWh version can cover up to 260 miles on a single charge, while Volkswagen claims the top 77kWh variant will go 338 miles before needing to plug-in.

Our own in-depth test of the ID.3 revealed the average cost of covering 12,000 miles (solely from charging a 7.2kW home wallbox) would be around £490. In comparison, an average petrol-powered hatch would cost around three to four times as much. 

Insurance groups

Insurance ratings for the ID.3 are reasonably high, but still competitive with rivals. All cars, with the exception of the entry 45kWh Life Pure Performance model (in group 19), sit in either group 25 or 26, depending on trim level.  Comparable Nissan Leaf and Kia e-Niro versions are in group 26 or 27. Interestingly, the petrol-powered Golf GTI, with 242bhp, is only slightly ahead in group 28.

Depreciation

Residual values for EVs continue to strengthen, particularly as batteries are proving more reliable. The ID.3 is expected to hold onto around 55 per cent of its value after three-years and 36,000 miles of ownership, while the Nissan Leaf isn’t quite as good a performer with an average of 51 per cent retained over the same period.

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