Category Archives: Leasing a new car

Every brand’s cheapest electric car on a lease deal

April 11, 2023BMW, Electric Cars, Leasing a new car, News, Reviews and Comment, VolkswagenRepost

Think all electric cars are expensive? Prepare to think again, because we’ve gathered leasing deals starting from just £313 per month on models from Audi to Volvo…

Tempted by a new electric car? One way of getting one on your driveway could be with a lease deal.

Sometimes called personal contract hire or personal leasing, leasing is one of the most affordable ways to access a new car. The way it works is similar to other forms of car financing, because you pay for the car with a deposit and regular monthly payments.

Contracts usually last for three or four years, with a pre-agreed annual mileage limit. Unlike Personal Contract Purchase (PCP), there’s no option to buy the car at the end of the term. In effect, this means you’re renting the car, but the benefit of this is that the monthly payments are generally lower than with other forms of financing.

BMW i8 in Sophisto Grey (Image: T. Larkum)

So, in this instance we name every brand’s cheapest electric car that’s currently available through What Car? Leasing. Our list includes a wide range of models, including small electric cars to electric SUVs, although some manufacturers are excluded due to a limited number of deals available.

In each case, you can follow the links to learn more about our leasing deals or read our full What Car? review on the car.

It’s Time to Go Green!

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EV demand on the up | Fleets look to models with shortest lead times

August 11, 2022Charging, Electric Cars, Leasing a new car, News, Reviews and Comment, UncategorizedRepost

The demand for battery electric vehicles (BEVs) increased by 72% in the second quarter of this year, reports Leasing.com.

New data released by the car leasing comparison website, shows that consumer and business demand for all BEVs, hybrids and plug-in hybrid electric vehicles (PHEVs) increased by 48% compared to Q2 last year, while BEV demand alone increased by 72% between April and June 2022 compared to the same period in 2021.

Meanwhile, demand for internal combustion vehicles (petrol and diesel) fell by 25% in Q2, with petrol demand falling 14% in the same period.

Leasing.com’s latest figures show that electric vehicles are closing the gap on petrol’s dominance in the new car leasing market.

Electric vehicles saw a 36.5% share of total sales enquiries via the website in Q2 compared to petrol’s 54.5% market share.

The gap between the fuel types continues to narrow each month. However, supply issues continue to dictate the sales winners in the new car market.

Consumers and businesses are gravitating towards the models that they can get hold of quickest and demand has softened for those brands with longer lead times. This has created opportunities for some manufacturers to rapidly grow their market share, says Leasing.com.

It’s Time to Go Green!

If you would like to know more about Solar Panels and the PowerBanx range of home battery systems, and get a free instant quote, please complete our online form:

Electric Car Lease UK

June 6, 2017Blog, Buying/Leasing, Electric Cars, FAQ, Leasing a new carTrevor Larkum

Lease an Electric Car

We can help you if you are looking for the cheapest electric car lease UK. We specialise in providing electric cars in the UK on lease and PCP contracts.

Electric Car Lease UK

So how does electric car leasing differ from a PCP?

With a UK electric car lease you pay a fixed price per month for a fixed term (typically 3 years). There is also an upfront payment (usually worth 3 or 6 times the monthly payment). At the end of the term you give the car back. A private lease is technically known as Personal Contract Purchase (PCH).
A PCP (personal contract purchase) is similar to a lease in that you can give the car back and walk away at the end of the term. However it differs in that you can choose to keep the car instead by paying a final or ‘balloon’ payment. Also, the upfront payment is usually a fixed amount (e.g. £499) rather than a multiple of the monthly amount. It is effectively a deposit if you decide to keep the car.

We recommend that you take an electric car on the assumption that you’ll give it back at the end of the term. That’s because the technology is advancing so fast that there will be new ones coming available with greater range and performance. Therefore we don’t think it makes sense to buy outright at the moment.

For most people it doesn’t make any real difference if you get your new electric car on lease or PCP – you really just want the cheapest overall cost (considering the upfront payment plus monthly payments).

Benefits of Electric Cars

Electric cars are the most technologically advanced cars available. Therefore they tend to be more expensive to buy outright than fossil-fuelled cars. However:

electric cars are cheap to run. Fuel (electricity) costs are very low: a ‘fill-up’ costs as little as £1.50.
they often get free parking (e.g. in Westminster, Milton Keynes, Leeds, some railway stations, etc.).
they get exemption from congestion charging.
electric cars are nicer to drive as they are quiet, smooth and don’t pollute.
they typically have greater performance (acceleration) than equivalent fossil cars.
all-electric cars pay no road tax.
they are usually cheaper to service and maintain.

The result of all this is that an electric car can provide very cheap motoring. It’s important, though, to consider all the costs of a car (fuel, tax, parking, etc.) and don’t just look at the monthly payment. With many of our cars we even include free charging.

Electric Car Lease UK: How We Can Help

If you’re not sure whether an electric car lease would work for you and save you money, try out our Total Cost of Ownership service.

Top electric cars available on electric car lease UK (Image: Fuel Included)

If you already know what you want then take a look at our most popular deals:

Cheap Car Lease

May 23, 2017Blog, BMW, Buying/Leasing, Electric Cars, FAQ, Hyundai, i3, i3 94Ah, IONIQ Electric, Leaf, Leaf 30kWh, Leasing a new car, Nissan, Renault, Sales, ZOE Z.E. 40Trevor Larkum

Cheap Car Lease

Many people are in the market for a cheap car lease, and that’s something we can help with. We source our cars from around the UK and have negotiated some great deals, so talk to us.

We provide all of our cars on a monthly contract so it’s much like a mobile phone tariff. These contracts take two different forms and it’s worth outlining them:

Personal Contract Hire (PCH) or Business Contract Hire (BCH). These are straight leases, also known as contract hire. Essentially they are a form of long term rental, and are becoming increasingly popular.
Personal Contract Purchase (PCP): this is like a lease. However it has the benefit that at the end of the lease you can choose to keep the car. This is done by making a large one-off or ‘balloon’ payment. A PCP is now the most popular way for people to buy their new car.

Cheap Car Lease – Electric Car

We specialise in selling electric cars. With an electric car you get a new car at a low monthly cost, and it’s also especially cheap to run. The technology of electric cars is developing very fast with new models coming out all the time with longer range and greater performance. Our advice, therefore, is always to expect that you will give the car back at the end of the contract. Then you can upgrade to a new and better model.

Most popular electric cars on cheap car leases (Image: Fuel Included)

Essentially you don’t want to be in a situation like someone paying off an iPhone 4 contract when everyone else is upgrading to an iPhone 8. That’s why for our purposes you can consider leases and PCP to be equivalent. They are just finance contracts where you get a new car with an initial upfront payment plus a regular monthly payment. The key thing is what the car is costing you per month.

The beauty of electric cars, of course, is that you can save a lot of money each month on fuel and road tax. This can virtually pay for the car, i.e. you can get a new car for free. It’s because of the low ‘fuel’ costs (i.e. charging with electricity) that many of our cars are offered with free charging. Specifically we provide the first 10,000 miles of charging at home for free. This, along with email and telephone support, is the Fuel Included service.

Cheap Car Lease – Saving Money

If you’d like us to work out how much money you can save with a cheap car lease on an electric car, try out the Fuel Included ‘total cost of ownership’ service.

If you just want to see how much an electric car would cost check out our most popular deals below. We provide both fully electric vehicles (EV) and plug-in hybrid vehicles (PHEV):

Car Leasing Deals

May 19, 2017Blog, BMW, Buying/Leasing, Electric Cars, FAQ, Hyundai, i3, i3 94Ah, IONIQ Electric, Leaf, Leasing a new car, Nissan, Renault, ZOE, ZOE Z.E. 40Trevor Larkum

Car Leasing Deals

Traditionally in the UK we have tended to buy cars outright and then run them into the ground. That has changed in the last few years so that most people buy cars on some form of finance, and there are some good car leasing deals available. The main kinds of finance are Personal Contract Purchase (PCP), and leasing also known as Personal Contract Hire (PCH).

These forms of finance both tend to come to be nearly the same thing for a driver who wants to change their car regularly. In both cases, there is an upfront payment and then a regular monthly payment and the term of the contract will typically be 3 years. It’s much like a mobile phone contract.

With a PCP you can keep the car at the end of the contract (by paying a larger final payment). With a lease you generally give the car back (though there are even exceptions to this). If you plan to upgrade at the end of the term, they basically come to the same thing. They are both a form of long term car rental (though there are some pros and cons). Therefore people may talk about car leasing deals and actually mean PCP deals or PCH/lease deals. Really they are just looking to get into a new car for a low monthly payment – which is what we do.

Electric Car Leasing Deals

What’s interesting to note is that car leasing deals work really well with electric cars like the BMW i3 or VW e-Golf. They save you a lot of money on fuel (a fill up is typically about £3). Plus the fixed term contract means you get to upgrade your electric car every few years. So it’s just like upgrading to the latest iPhone 7 or whatever rather than being stuck with old technology.

With an electric car that means every few years you’ll get a new car with longer range and better performance. Yet they remain cheap to run and you don’t pay road tax (and often get free parking).

Electric Car Leasing Deals (Image: Fuel Included)`

If you’d like us to work out how much money you can save with a cheap car lease on an electric car, try out the Fuel Included ‘total cost of ownership’ service.

If you just want to see how much an electric car would cost – and in many cases with the first 10,000 miles of fuelling included – take a look below. We provide both fully electric vehicles (EV) and plug-in hybrid vehicles (PHEV):