Electric Vehicle Leasing

Electric Vehicle Leasing
29 June 2022
 

Electric Vehicle Leasing

New research suggests that leasing a battery electric vehicle (BEV) is 19% cheaper than financing a new vehicle on personal contract purchase (PCP). 

KR Fleet solutions analysed pricing data for its 10 most popular BEVs and found that leasing was the most cost-effective option on 9/10 vehicles. 

Kevin Rodgers Managing director of KR Fleet Solutions said: “one of the most important factors the industry faces with EVs, is making them affordable to the average consumer – this is where leasing comes in.  Without affordable options, the market won’t move over to electric vehicles at the pace required.  Luckily, with our leasing platform, consumers can find the most competitive deals on the market, saving them money. Leasing (PCH) is a the most cost-efficient way to drive a brand-new EV.” 

KR Fleet Solutions Compare’s Electric Vehicle Leasing Research

KR Fleet solutions analysis shows that the Tesla Model 3 when leased over four years, the total cost comes in at £25,632.75. Compare that against PCP with cost of £30,385. Leasing will save drivers approximately 18.5% over the life of the contract. 

The largest saving overall was found when comparing costs for an Audi E-Tron. On PCP, the Audi has a total cost of £43,410 at the end of a 48-month contract. Leasing the same make and model comes in at a total cost of £34,388 A whopping total saving of £9,022 (a huge 20.5% discount!). 

Review our website for various Electric Vehicle Leasing deals or contact one of our team members for a personalised quotation.  

 

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