Electric Car Finance

An electric car lease is ideal if you want to keep your monthly payments as low as possible, and you’re happy to return the vehicle at the end of the agreement.

Electric car leasing makes it easier to change your car regularly, as you don’t have to worry about selling the car further down the line.

Instead, you simply return your EV to the lender, giving you the freedom to pick a new vehicle of your choice.

But if you want to own the car at the end of your agreement, buying an electric car on finance may be a better option.

And if you decide to opt for a hire purchase agreement, you won’t be held back by mileage restrictions.

If you’re still unsure and you’d like to discuss your finance options with one of our car finance specialists, simply request a callback today.

With our flexible finance packages, we can often offer a no-deposit option for PCP and HP agreements, subject to approval.

With a leasing agreement, you’ll normally be expected to provide a deposit at the start of the agreement, but this can be discussed in more detail with your finance specialist.

In the UK, you can get a discount on the price of a brand new low-emission vehicle through a grant the government gives to vehicle dealerships and manufacturers. The maximum grant available for cars is £1,500.

View the Full List of electric vehicles available with a government grant.

The range of an EV will vary according to the vehicle manufacturer and model, however the average range on a battery electric vehicle (BEV) is normally between 150-200 miles, with some BEVs capable of more than 300 miles.

Meanwhile, plug-in hybrid electric vehicles (PHEVs), like the IONIQ, can cover more than 660 miles with both an electric and internal combustion engine.

Yes. We understand not everyone has a perfect credit score, which is why our finance options are often available to a wide range of credit backgrounds, including individuals with bad credit.

Check Your Eligibility today and receive an instant decision, without affecting your credit score.

Most electric cars are automatic, but some manufacturers are still producing vehicles with a manual gearbox. It is likely that all electric cars will become automatic in the future, as an electric automobile does not require a clutch. In a manual vehicle, you must use both the brake and clutch to avoid stalling, but this is not the case in an electric vehicle.

The cost of operating an electric car varies based on the model, manufacturer, and features of the car, much like the cost of a regular vehicle. However, electricity is far less expensive than petrol or diesel, and electric vehicles require less maintenance than internal combustion engines (ICE). Additionally, numerous incentives are available, such as government grants or schemes and road tax exemptions.

The London Congestion Charge, as well as the Ultra Low Emission Zone (ULEZ) charge, are fully waived for battery electric vehicles. Electric vehicles (EVs) are the future of transportation in the UK and throughout the world for a variety of reasons. Evidence of this may be found in the London Congestion Charge. Faced with the growing threat of climate change, the government took the Congestion Charge as one of its first significant moves to reduce hazardous levels of carbon dioxide emissions in the country.

Electric cars work by being plugged into a charging point and drawing power from the grid, similar to how a phone or laptop charges (although an EV charger is much more powerful!). They store the electricity in rechargeable batteries, which are used to power the electric motor that rotates the wheels. Electric cars accelerate more quickly than vehicles powered by standard fuel engines, making them seem lighter to drive.

By 2026, some experts believe that electric cars would be cheaper to manufacture than their internal combustion engine rivals. This is for bigger vehicles like sedans and SUVs; smaller electric cars are scheduled to achieve the same level of production the following year.