Skoda Enyaq: running costs & insurance
Relatively affordable list prices, low tax bills and long service intervals; whatever you’re used to, the Enyaq promises to be a cheap car to run
| Insurance group | Warranty | Service interval | Annual company-car tax cost (20%/40%) |
| 22-37 | 3yrs/60,000 miles | 2yrs/18,750 miles | From £148/£311 |
Whatever you’re driving right now, the Enyaq is likely to be very affordable to run in comparison. It may be more expensive to buy than a petrol family car, but the Enyaq offers reasonable insurance premiums and low tax bills – whether you’re looking at one as a private buyer or company-car driver. Skoda warranties are less competitive than they once were, but that should only concern those looking to keep their cars longer than three years, or used buyers.
Skoda Enyaq insurance group
Insurance groups for the Enyaq are reasonable by electric-car standards. The majority of mainstream petrol family SUVs fall below group 30, and the same is true of most versions of the electric Skoda. Entry-level Enyaq 50 versions sit in insurance group 22, while top dual-motor models hover around group 30. Finally, the range-topping, high-performance Enyaq vRS is insurance group 37, which is on par with its Volkswagen ID.4 GTX sister car and rivals like the Ford Mustang Mach-E and Kia EV6.
Warranty
Like all Skoda models, the Enyaq is guaranteed for three years or 60,000 miles, whichever comes first. It’s worth noting that Kia and Hyundai, as well as MG and some other manufacturers, offer warranties of up to seven years. The Toyota bZ4X even offers up to 10 years of coverage, provided you get the car serviced at a main dealer. But every version of the Enyaq, like most new electric cars, comes with a separate eight-year/100,000-mile battery warranty, protecting the health of the power pack for as long as most first owners will keep the car.
Servicing
The Enyaq will need servicing every two years or 18,750 miles, whichever comes first. That may seem like a long time to go without a check-up, but most electric vehicles require less maintenance due to their reduced complexity and fewer moving parts compared with a petrol or diesel car. Longer service intervals are normal in this area of the market and are just one more way electric car running costs are lower, consequently saving you a lot of money in the long run.
Road tax
All electric cars (including the Skoda Enyaq) are exempt from annual road tax, also known as vehicle excise duty (VED), until April 2025. The same goes for the London Congestion Charge and the city’s Ultra-Low Emissions Zone. Company-car tax will be minimal, too, because the car falls into the 2 per cent Benefit-in-Kind company-car tax band until at least April 2025.
Depreciation
According to the latest industry figures, the Skoda Enyaq will retain anything between 50 and 54% of its initial asking price over three years and 36,000 miles of ownership. These relatively strong residuals should help keep monthly finance payments low, although a Tesla Model Y should hold onto more of its value over the same period, costing you less in the long run.
