Electric Car Leasing
As the world shifts towards more sustainable modes of transportation, electric car leasing is rapidly gaining popularity. The adoption of electric vehicles (EVs) is growing, driven by environmental concerns, government incentives, cheaper overall driving costs and advancements in technology. Check out our electric car leasing deals below.
Many people are new to EVs, so below we explain the ins and outs of electric car leasing, covering everything from its benefits to the different leasing options available.
What is Electric Car Leasing?
Electric car leasing is a financial arrangement that allows you to drive a new electric vehicle without the long-term commitment of purchasing it outright. Instead of buying the car, you pay a fixed monthly fee to use it for a set period, typically between 2 to 4 years. At the end of the lease term, you return the car to the leasing company, with the option to lease a new vehicle.
There are two primary types of electric car leasing:
Personal Contract Hire (PCH): This option is designed for private individuals. You lease the car for personal use, with the monthly payments covering the vehicle's depreciation over the lease term. At the end of the contract, you simply return the car without any obligation to purchase it.
Business Contract Hire (BCH): Tailored for companies, this leasing option allows businesses to provide employees with electric vehicles for work-related purposes. BCH can offer additional financial benefits, such as tax deductions and VAT recovery, making it a cost-effective solution for fleet management
The Benefits of Electric Car Leasing
Leasing an electric car with Stable Vehicle Contracts comes with a multitude of advantages, making it an appealing choice for both individuals and businesses. Here are some key benefits:
Lower Initial Costs: Unlike buying a car, leasing requires a lower upfront payment. This makes it more accessible to those who might not have the capital for a large purchase.
Predictable Monthly Payments: Our leasing deals provide a clear understanding of monthly expenses, aiding in better financial planning.
Maintenance and Warranty: Our lease agreements offer optional maintenance packages and come with full manufacturer warranties, reducing the worry about repair costs.
Reduced Emissions: Driving an electric car significantly lowers your carbon footprint compared to traditional petrol or diesel vehicles.
Government Incentives: In the UK, there are various incentives for electric vehicle users, such as grants and reduced road tax, which can further lower the overall cost of leasing. Salary Sacrifice is a scheme for employees and employers to further reduce overall costs.
Modern Features: Leasing allows you to drive the latest models equipped with the newest technology, ensuring you benefit from advancements in EV performance and safety.
Frequent Upgrades: With shorter lease terms, you can switch to a new model more frequently, staying ahead with the latest innovations.
If you would like to learn more about electric car leasing, you can visit our electric leasing guides here.
What Car Brands Have Electric Cars to Lease?
There are lots of different cars available to lease that are electric in 2024. Everything from smart city cars, practical hatchbacks, executive saloons, large SUVs and powerful instant-torque sports cars.
We offer all the most popular brands when it comes to electric car leasing such as Abarth, Audi, BMW, BYD, Citreon, CUPRA, Ford, Genesis, GWM ORA, Hyundai, Jaguar, Kia, MG Motor UK, Nissan, Peugeot, Polestar, Renault, Skoda, Tesla, Vauxhall, Volvo and Volkswagen.
How to Contact Us
If you’re interested in learning more about Stable Vehicle Contracts' latest electric car leasing deals and special offers, please don’t hesitate to get in contact with us today. You can phone us directly on 0151 728 4711 and you’ll go straight through to a real person.
Alternatively, you can submit a contact form on our Contact Us page or send us an email directly at sales@stablevehiclecontracts.co.uk. You can also message us via our social media channels which are monitored daily. You can visit our Facebook and Instagram and DM us and we’ll get back to you as soon as possible regarding your business car lease deal.
If you want to see our reviews, please visit our Reviews page. We’re rated 4.9 out of 5 by over 1,300+ genuine and verified customers.
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Why Choose An Electric Car?
EVs have significant benefits over internal combustion engines (ICEs). Here are some of the advantages:
Save Money
Save big on fuel costs when you charge at home
Go Green
Save the planet with zero emissions driving
Better Performance
EVs have instant power and torque available at the push of the pedal
Low Maintenance
EVs have fewer moving parts and less systems that can go wrong
Why Should I Lease An Electric Car?
There are several reasons to consider leasing an electric car through Stable Vehicle Contracts, whether for personal use or business purposes. Leasing an electric car offers significant financial flexibility. The lower initial costs and predictable monthly payments help manage budgets more effectively. For businesses, leasing can improve cash flow management, as funds are not tied up in depreciating assets.
Choosing an electric vehicle is a proactive step towards reducing environmental impact. Leasing makes this choice more accessible, enabling more people to contribute to a greener future. Businesses can also enhance their corporate social responsibility profile by incorporating electric vehicles into their fleet. Leasing often includes comprehensive optional maintenance packages, meaning less hassle and worry about the upkeep of the vehicle. Additionally, a full manufacturer warranty ensures that any issues are addressed without additional costs.
Is It Better to Lease an Electric Car via Personal Contract Hire or Business Contract Hire?
The decision between Personal Contract Hire (PCH) and Business Contract Hire (BCH) depends on your specific needs and circumstances.
Personal Contract Hire (PCH)
PCH is ideal for individuals who want the flexibility of driving a new car without the long-term commitment of ownership. The process is straightforward, with fixed monthly payments that cover depreciation and often include maintenance and servicing. At the end of the lease term, you simply return the car without worrying about its resale value.
Business Contract Hire (BCH)
BCH offers significant tax advantages, such as reclaiming VAT on lease payments and deducting the cost as a business expense. For businesses, leasing allows for efficient fleet management, providing employees with reliable and environmentally friendly vehicles. Adopting electric vehicles can enhance a company's image as a sustainable and forward-thinking organisation.
Electric car leasing is an excellent option for those looking to embrace modern mobility solutions without the long-term financial burden of ownership. Whether through Personal Contract Hire (PCH) for individuals or Business Contract Hire (BCH) for companies, leasing offers a range of benefits, including cost efficiency, environmental impact, and access to the latest technology.
The shift towards electric vehicles is supported by government incentives and a growing infrastructure, making now an ideal time to consider leasing an electric car. By choosing to lease, you not only enjoy the perks of driving a new and eco-friendly vehicle but also contribute to a sustainable future and cheaper running costs.
As the electric vehicle market continues to evolve, leasing remains a flexible and attractive option, ensuring you stay ahead with the latest advancements while managing your finances effectively. Whether for personal use or business purposes, electric car leasing is a smart, sustainable choice for modern mobility.
Please visit our electric car leasing guides for more information.
Why lease with Stable Vehicle Contracts?
Stable Vehicle Contracts have leased over 15,000 cars and vans since our inception back in 2009. We're part of a large dealership group called Swansway Motor Group, with over 25 dealerships across the UK. Our office is based in the Volkswagen Van Centre in Liverpool, one of the UK's leading van centres having won multiple awards.
Stable takes pride in our fantastic customer service and we maintain exceptional levels of customer satisfaction. We have over 1,300 5-star reviews from verified customers. Only customers who've received a vehicle from us can leave a review, so you know the reviews are genuine. As well as this, 99% of our customers would recommend us. You can read our glowing reviews on reviews.io here.
Stable is authorised and regulated by the Financial Conduct Authority (FCA), meaning we prioritise your interests and provide fair treatment according to their strict guidelines. This means you can expect a suitable service that puts your needs first.
Still undecided and need more reasons?
There are lots of myths and unanswered questions floating around when it comes to EVs. However, let's get the facts straight.
Our Electric Car Lease Deals in 3 easy steps:
Choose your electric lease deal on our site
Choose the best electric lease deal for your vehicle by using our website. Put in your annual mileage, contract length, initial rental, and any extras such as maintenance or changing the spec of your vehicle.
Sign your finance documents
Submit your finance application via our website and then await the finance company's decision. Usually, they come back to us within 24 hours. Just sit back and relax for now.
Wait for your car to be delivered
Once you are approved for a vehicle, all you need to do is leave it to us. We'll keep you updated on the status of your vehicle and then let you know what date it will be delivered to your doorstep.
Interested in learning more about Electric Car Leasing?
Read our leasing guides below
More About Us
We're based inside the Volkswagen Van Centre in Liverpool. We're part of Swansway Motor Group, which has over 25 different dealership sites across the UK.
Our Leasing Guides
New to car leasing? Confused about what personal and business contract hire mean? View our leasing guides here to learn more.
Electric Leasing Guides
Want to lease an electric car or van? Confused about charging times, cables and other jargon? View our electric leasing guides to learn more.
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Electric Car Leasing FAQs
A standard lease contract and an electric lease contract are similar in terms of structure, but the latter often includes considerations for battery maintenance, and charging infrastructure, and may take advantage of government incentives specific to electric vehicles.
You can charge an electric car at home using a dedicated home charger or at public charging stations, which are increasingly available at various locations like shopping centres, car parks, and service stations.
The range of an electric car varies by model, but on average, most electric cars can run between 150 to 300 miles on a single charge.
If you run out of charge, you will need to call for roadside assistance to tow you to the nearest charging station or use a mobile charging unit if available.
Electric car insurance can be slightly more expensive due to the higher cost of repairs and parts, but this varies by provider and specific vehicle model. Some electric vehicles will be cheaper to insure than similar internal combustion engine (ICE) vehicles.
Electric car leasing works by paying a fixed monthly fee to use the car for a set period, typically 2 to 4 years. At the end of the lease term, you return the car, with the option to lease a new model.
The decision to install an electric charging point at your home is entirely yours. Many EV owners opt to charge their vehicles overnight at home, benefiting from lower-cost electricity rates and waking up to a fully charged car. However, this is a personal preference. If installing a home charging point isn't feasible or desirable, you can use one of the over 10,000 public charging stations across the UK, or discuss the possibility of installing a charging point at your workplace with your employer.
Typically, the smaller the vehicle the more affordable the lease deal is. Whereas your larger SUVs are more expensive. A good example is the MG Motor UK MG4 hatchback; this is a cheap and affordable little electric car with a great range. While the Audi Q8 SUV is a large family car that is quite a bit more expensive. If you're on a budget, please visit our Under £200 leasing page to see if an EV is available here.
As mentioned previously, you can charge your EV at home or over 10,000 public charging stations across the UK. You can also charge your EV at the workplace if applicable. If you want to know the location of a nearby charging station, websites like ZapMap are available, as well as apps like PlugShare.
There are over 10,000 electric charging points across the UK. You can find a nearby one by using websites like ZapMap or apps like PlugShare.
Yes, you still need to service and MOT your electric vehicle. This is because the vehicle needs to stay roadworthy which is checked when it comes to the MOT. Thankfully, there are fewer moving parts in an EV which means most EVs fly through their services and servicing costs are cheaper for this reason. If you are keeping the EV for more than three years length, you will need to MOT the vehicle once for the forth year.
Our electric car leasing deals do not come with insurance, this is something you would have to sort out yourself. Tax is included in the entire length of the contract, so that is one less headache to worry about.
Yes, we offer free delivery for all our electric car lease deals to the mainland UK. If you live in Northern Ireland you would need to come pick the vehicle up from our Liverpool office and then get the ferry back to Belfast.