Tesla Model 3 becomes most popular EV to lease in the UK

The Tesla Model 3 was the UK’s the most popular electric vehicle to lease in May, according to the latest Leasing.com League Tables.

It came out ahead of other popular new electric models such as the Audi e-tron and Jaguar I-Pace, generating more personal lease enquiries within seven days than its premium rivals managed to achieve during the entire month.

Tesla Model 3 (Image: Tesla.com)

Tesla Model 3 (Image: Tesla.com)

Interest in the Model 3, I-Pace and e-tron has seen EV enquiries increase 30% year on year during the first five months of 2019.

Paul Harrison, Head of Strategic Partnerships at Leasing.com, said: “The Model 3’s popularity is down to several factors, with cost being one of them.

Monthly prices for the Model 3 start at around £400 per month, which is almost half the cost of Tesla’s larger models. It also undercuts comparable EVs such as the Audi e-tron and Jaguar I-Pace.

Read more: Motor Trader

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