Electric Car Leasing Deals UK
Electric car leasing is one of the most popular ways to drive a brand new EV with fixed monthly payments and no long-term ownership commitment. With lower running costs, reduced emissions and modern technology, electric vehicles are becoming an increasingly attractive option for drivers across the UK.
At LetsLease, you can compare a wide range of electric car lease deals across leading manufacturers including Kia, Hyundai, Volkswagen and BMW. You can also explore our special offer lease deals, browse in stock car leasing or compare the full range of car lease deals available across the UK.
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What Is Electric Car Leasing?
Electric car leasing allows drivers to use a fully electric vehicle for a fixed monthly payment over a set contract term, typically between two and four years. Instead of purchasing the vehicle outright, you pay for the use of the car during the lease period.
Many drivers choose EV leasing because it offers predictable costs and access to the latest electric vehicle technology. Businesses also benefit from favourable tax treatment and low Benefit in Kind rates when choosing electric company cars.
Benefits of Electric Vehicle Leasing
Lower Running Costs
Electric vehicles are typically cheaper to run than petrol or diesel cars due to lower energy and maintenance costs.
Zero Tailpipe Emissions
EVs produce no tailpipe emissions, helping reduce environmental impact while meeting evolving emissions regulations.
Tax Benefits for Businesses
Electric company cars benefit from low Benefit in Kind tax rates, making EV leasing an attractive option for businesses.
Popular Electric Car Leasing Brands
Electric Car Leasing FAQs
Electric car leasing allows you to drive a fully electric vehicle for a fixed monthly payment over an agreed contract length, typically between two and four years. Instead of buying the car outright, you simply pay for the use of the vehicle during the lease period.
Many drivers choose electric car lease deals because they offer predictable costs and access to the latest EV technology. At the end of the contract you simply return the vehicle and can choose to lease another model.
In many cases electric vehicles are cheaper to run than petrol or diesel cars. Charging at home is usually significantly less expensive than refuelling with petrol or diesel, and EVs also have fewer moving parts which can reduce maintenance costs.
Many drivers leasing electric vehicles also benefit from reduced road tax and lower servicing costs compared with traditional combustion engine vehicles.
The range of modern electric cars varies depending on the model and battery size. Many new EVs now offer between 200 and 350 miles of driving range on a full charge under WLTP testing conditions.
Some premium electric vehicles can travel even further, making electric car leasing a practical option for commuting, family journeys and long-distance driving.
Yes, electric company car leasing is increasingly popular because of the favourable tax treatment available on EVs. Electric vehicles currently benefit from very low Benefit in Kind (BIK) tax rates compared with petrol and diesel vehicles.
Businesses can also reclaim a portion of the VAT on contract hire payments and potentially reduce National Insurance costs through schemes such as salary sacrifice car leasing.
Most electric vehicle owners install a dedicated home EV charger which allows faster and more convenient charging compared with a standard household socket.
Public charging networks across the UK are also expanding rapidly, making it easier than ever to charge your vehicle while travelling.