Why consider an electric car lease?

More and more people are turning to electric cars for a host of reasons that make so much sense. Electric cars offer a smoother and quieter driving experience. They are generally more energy efficient and cost much less to run than conventional petrol or diesel cars. But one of the biggest incentives for leasing an electric car is the environmental aspects, as electric vehicles have lower, or zero, emissions which help to reduce air pollution and combat climate change. As the government aims to reduce greenhouse gas emissions, leasing an electric car will help to avoid any future restrictions on petrol or diesel vehicles. Many cities now have clean air zones, and leasing an electric car will generally mean being exempt from charges, giving you another financial saving.

Additional financial savings can be made by leasing an electric car as the government has offered tax incentives for electric cars, by making all zero-emission vehicles exempt from road tax. There are also grants and incentives available to encourage the adoption of electric vehicles, providing financial assistance towards the purchase or lease of electric cars, reducing the upfront cost. These benefits also extend to businesses leasing electric cars – helping to lower their business taxes by helping employees to buy or lease an electric car.

Benefits of electric vehicle leasing

Environmentally friendly

Electric cars reduce emissions, lower reliance on fossil fuels and promote renewable energy use, significantly decreasing air pollution compared to conventional vehicles.

Cheaper to run

Electric cars are cheaper to run due to lower fuel costs, and a driver can expect to pay on average 60% less than completing the same miles in an ICE (Internal Combustion Engine) vehicle.

Cheaper maintenance costs

Maintenance costs are much lower with an electric vehicle lease as they have less complex components such as engines, transmissions and exhaust systems, reducing the need for repairs and routine services.

Tax and government grant incentives

Electric car lease deals also get you a vehicle that comes with zero road tax and is often eligible for government incentives designed to promote eco-friendly practices.