Electric vehicles are an increasingly attractive option, due to their lower running costs, the expanding choice of models available and intensifying concerns about air quality and climate change. Learn more about the types of electric vehicles available.
Electric Car Leasing Deals in the UK: Why Leasing an EV is a Smart Choice
Electric vehicles (EVs) and hybrid vehicles are evolving at an incredible pace, with battery technology, range, and charging infrastructure improving year after year. Buying an EV outright means you might get stuck with outdated technology in just a few years. Leasing an EV allows you to drive the latest electric or hybrid vehicle without worrying about depreciation.
Leasing ensures that you're always driving an up-to-date electric vehicle with the best battery range, safety features, and software updates. Instead of owning a brand new electric car that could quickly become outdated, you can swap to a newer model every few years, keeping pace with advancements in the industry.
One of the biggest barriers to electric or hybrid vehicle ownership is the initial cost. Electric vehicle leasing allows you to spread payments over a fixed period, making it a much more affordable way to access a brand new carwithout a hefty upfront investment.
With fixed monthly payments, leasing provides predictability and removes the risks of depreciation. Instead of owning a new electric car that loses value over time, you simply return it at the end of the lease agreement and choose another model.
Selling a used electric version of a car can be tricky due to battery concerns. Car lease deals eliminate this worry entirely. Once your lease ends, you return the car and start a new agreement for a fully electric car.
Zero tailpipe emissions make fully electric cars a greener choice. By choosing electric car leasing, you contribute to a cleaner planet while avoiding the downsides of petrol or diesel cars.
Lower running costs make electric car leasing appealing. Charging at home or at shopping centres is often cheaper than filling up a petrol or diesel car at a station.
With fewer moving parts, electric and hybrid cars require lower maintenance costs compared to diesel cars or traditional hybrid cars.
The UK government offers financial incentives, including reduced road tax and grants for home charging points. These tax advantages make leasing a more cost-effective option.
Whether you're looking for a city car, plug-in hybrid, or luxury Tesla Model, EV lease deals cover all needs. You can even lease the Renault Scenic E-Tech or the Volkswagen ID for variety.
Public charging points at motorway service stations, shopping centres, and workplaces make recharging more convenient than ever, especially with improved charging speeds.
With most new electric cars now offering over 200 miles on a single charge, most EV drivers can comfortably complete their daily commutes without concerns.
Motorway service stations now offer ultra-fast chargers, making long-distance trips effortless for fully electric cars.
Save money on fuel costs by charging at home, especially during off-peak hours. EV lease deals help you avoid the costs associated with diesel cars.
Battery longevity and resale value are common concerns. Leasing companysolutions remove this issue by letting you lease an electric car for a set periodand return it worry-free.
Businesses benefit from tax advantages when they choose electric vehicle leasing, especially with lower running costs and incentives.
At the end of your lease agreement, there’s no need to sell or trade in a depreciating vehicle—just return it and start another electric car lease deal.
Whether you need a low-cost city car or a long-range electric vehicle, leasing offers flexibility with fixed monthly payments and predictable annual mileage.
Leasing an EV with LetsLease offers simple agreements, affordable costs, and access to the best models without the risks of ownership.
From budget-friendly options to high-performance models, LetsLease provides electric car lease deals that fit all budgets and needs.
With increased adoption, more eco-conscious consumers are choosing electric and hybrid vehicles due to their cost benefits, congestion charge exemptions, and better infrastructure.
While home charging is the most cost-effective, public charging points in shopping centres and motorway service stations offer convenience when travelling.
One of the biggest concerns about hybrid cars and electric vehicles is battery longevity. Leasing ensures you’re always driving a brand new car, so you don’t have to worry about battery degradation over time.
More charging points, faster charging speeds, and smart grid advancements will continue to improve the electric vehicle experience.
Electric cars are designed with safety as a top priority, incorporating advanced safety features and undergoing rigorous crash testing. Many electric cars have received top safety ratings from reputable organizations such as Euro NCAP and the National Highway Traffic Safety Administration (NHTSA). These vehicles are equipped with state-of-the-art safety technologies, including:
Advanced airbag systems
Electronic stability control
Anti-lock braking systems (ABS)
Lane departure warning and assist
Blind spot monitoring
Forward collision warning and automatic emergency braking
In addition to these features, electric cars are engineered to protect occupants in the event of a crash. The batteries are typically located in the floor of the vehicle, which helps to lower the center of gravity and reduce the risk of injury during a collision. This strategic placement also enhances the overall stability and handling of the car, making electric cars a safe and reliable choice for drivers.
While electric cars are designed to be exceptionally safe, recalls and safety notices can still occur. It’s crucial for electric car owners to stay informed about any potential safety issues with their vehicles. The UK’s Driver and Vehicle Standards Agency (DVSA) and the European Commission’s Rapid Alert System for non-food dangerous products (RAPEX) provide up-to-date information on recalls and safety notices for electric cars. By staying informed, drivers can ensure their electric cars remain safe and in optimal condition.
When it comes to acquiring an electric car, drivers have two main options: leasing or buying. Each option has its own set of advantages and disadvantages, which are outlined below:
Leasing:
Pros:
Lower monthly payments compared to buying
Access to brand new electric cars with the latest technology
No worries about resale value
Tax advantages for business users
Flexibility to change cars every few years
Cons:
No equity in the vehicle at the end of the lease
Mileage limitations and excess mileage charges
Wear and tear charges may apply
Lack of customization options
Buying:
Pros:
Ownership of the vehicle
No mileage limitations or excess mileage charges
Ability to customize the vehicle
No monthly payments after the purchase is paid off
Cons:
Higher upfront costs compared to leasing
Depreciation of the vehicle’s value over time
Maintenance and repair costs are the owner’s responsibility
Obsolescence of technology and features over time
Ultimately, the decision to lease or buy an electric car depends on individual circumstances and preferences. Leasing can provide a cost-effective and flexible way to drive a brand new electric car, while buying offers ownership and customization options. By weighing the pros and cons, drivers can make an informed decision that best suits their needs and lifestyle.
Leasing allows you to drive the latest electric car models without worrying about depreciation, selling, or maintenance.
Leasing can be more affordable, as you avoid the high upfront cost and only pay for the set period you use the car.
At the end of your lease agreement, you return the car and can start a new lease with a brand new electric car.
Yes! Electric vehicle leasing for business provides tax advantages, especially with lower road tax and running costs.
Charge at home, at work, or use motorway service stations. Charging pointsare widely available across the UK.
Lower running costs mean home charging is significantly cheaper than refuelling a petrol or diesel car.
With fewer moving parts, lower maintenance costs make leasing an electric vehicle even more attractive.
If you exceed your annual mileage, you’ll pay a small charge per extra mile, outlined in your lease agreement.
Most fully electric cars offer at least 200 miles on a single charge, with some exceeding 400 miles.
Yes, financial incentives include reduced road tax and grants for home charging points.
Electric car leasing deals UK provide an affordable and flexible way to drive the latest electric and hybrid models. Explore your electric car lease deals with LetsLease today!