lightning bolt Icon

Is leasing right for me?

Car and money icon
Pound sign icon

Is leasing an electric car your best option?

There’s no right answer. It’s all about you, your circumstances and what you want from your new set of wheels. 

But leasing is a popular choice, with more than 1.3 million leased cars on the road in the UK (as of January 2022). It’s a great fit for electric cars. 

Leasing an electric car means:

  • Fixed monthly payments
  • No need to worry about depreciation and resale value
  • Easy to change to a car with newer tech at the end of your contract
 

 

Lease a car
Lightbulb icon

How does leasing work?

It’s straightforward, and you can do everything online with us and leasing experts CBVC.

See FAQs
Step 1: Get a quote, Step 2: Apply for finance, Step 3: Get a decision, Step 4: Take your delivery

How do different lease types work?

There are three main ways you can lease an electric car:

Is leasing right for you? Check the details below and read our leasing FAQs.

 

QuestionPersonal Contract Hire (PCH)Personal Contract Purchase (PCP)Business Contract Hire (BCH)
Will I need a deposit?YesSometimesYes
Is there a balloon payment at the end?No
You return the car
Yes
If you buy the car
No
You return the car
Will I own the car at the end?No
The car's collected
Yes
If you buy the car
No
The car's collected
Who's contracting the lease?YouYouYour business
Available through ElectriX?YesNoYes

Got a question?

Find answers to the common questions people ask about choosing, leasing and driving an electric car.
See FAQs