Lease a brand new electric car

Buying a brand new car isn't for everyone. Lower your out-of-pocket costs and generate zero emissions by leasing an electric car with an affordable monthly rental. No road tax, low maintenance and no depreciation costs.

See our deals below to find out how you can get 5,000 free miles in your first year. (1)

Hyundai IONIQ Premium

Hyundai IONIQ Electric

£218 (inc. VAT)
Personal lease monthly rental

Lease the revamped Hyundai IONIQ. The IONIQ Electric Premium comes with a bigger 38kWh battery to give you a WLTP range of 194 miles. Not forgetting state-of-the-art tech to make your drive as comfortable and safe as possible.

194 miles rangePlug-in electric24 month contractAutomatic

 

How we’re impacted by Coronavirus (COVID-19)

The health and well-being of our customers and employees is our top priority. We need to make sure that we’re not putting anyone at risk. This means DriveElectric have longer lead times to deliver electric cars. If you still want to give us your details, DriveElectric will love to help you with your car lease as soon as they’re able to.

If you’ve already submitted an enquiry, please bear with us, we’ll be in touch when normal service resumes.

Already have an electric car? Then you can still sign up to GoElectric – our great 100% renewable EV tariff 

Electric car leasing deals

hyundai ioniq premium 320x241

Hyundai IONIQ Electric Premium

38kWh Hatchback 5dr 2019
From £218 inc VAT

Personal Contract Hire per month
Initial rental £1959 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum24 month lease193 mile range204 equivalent mpg
View details

Tesla Model 3

55kWh Standard Plus Saloon 4dr 2019
From £463 inc VAT

Personal Contract Hire per month
Initial rental £4,170 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease254 mile range206 equivalent mpg
View details
Peugeot e-208 GT in Blue

Peugeot e-208 GT

50 kWh Hatchback 5dr 2020
From £283 inc VAT

Personal Contract Hire per month
Initial rental £2,550 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease211 WLTP mile range180 equivalent mpg
View details
DS3 crossback e-tense front three quarter shot

DS3 Crossback E-Tense

50 kWh Hatchback 5dr 2020
From £286 inc VAT

Personal Contract Hire per month
Initial rental £2,573 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease199 WLTP mile range169 equivalent mpg
View details
Skoda CITIGOe iV 692x521

Skoda CITIGOe iV

37 kWh hatchback 5dr 2020
From £187 inc VAT

Personal Contract Hire per month
Initial rental £1,686 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum24 month lease162 mile range202 equivalent mpg
View details
Peugeot e-2008 GT in Blue

Peugeot e-2008 GT

50 kWh SUV 5dr 2020
From £274 inc VAT

Personal Contract Hire per month
Initial rental £2,466 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease193 WLTP mile range164 equivalent mpg
View details

Nissan LEAF

40kWh N-Connecta Hatchback 5dr 2019
From £231 inc VAT

Personal Contract Hire per month
Initial rental £2,076 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum24 month lease168 mile range189 equivalent mpg
View details
renault_zoe_white_692x523

Renault ZOE

40kWh Hatchback 3dr 2020
From £250 inc VAT

Personal Contract Hire per month
Initial rental £2,249 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum24 month lease186 mile WLTP range184 equivalent mpg
View details
MG ZS EV in blue

MG ZS EV

44.5 kWh SUV 5dr 2019
From £270 inc VAT

Personal Contract Hire per month
Initial rental £2,427 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease163 mile WLTP range149 equivalent mpg
View details
MINI Electric exterior view front on road

MINI Electric Level 1

32kWh Hatchback 3dr 2020
From £274 inc VAT

Personal Contract Hire per month
Initial rental £2,464 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease144 mile WLTP range202 equivalent mpg
View details
Kia e-Niro 64kWh front exterior view

Kia e-Niro

64kWh Hatchback 5dr 2020
From £326 inc VAT

Personal Contract Hire per month
Initial rental £2,935 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease283 mile WLTP range179 equivalent mpg
View details

Jaguar I-Pace SE

90kWh SUV 5dr 2019
From £640 inc VAT

Personal Contract Hire per month
Initial rental £5,758 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease292 mile range140 equivalent mpg
View details

Hyundai Kona Electric

64kWh Premium SE Hatchback 5dr 2019
From £504 inc VAT

Personal Contract Hire per month
Initial rental £4,536 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease279 mile range179 equivalent mpg
View details
Vauxhall Corsa-e front exterior view on road

Vauxhall Corsa-e SE Nav

50kWh Hatchback 5dr 2020
From £292 inc VAT

Personal Contract Hire per month
Initial rental £2,628 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease205 mile WLTP range175 equivalent mpg
View details

Tesla Model S

Long Range 100kWh Saloon 4dr 2019
From £929 inc VAT

Personal Contract Hire per month
Initial rental £8,365 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease379 mile WLTP range161 equivalent mpg
View details
audi_e-tron-blue-692x523

Audi e-tron 50 Quattro Technik

71kWh SUV 5dr 2020
From £589 inc VAT

Personal Contract Hire per month
Initial rental £5,300 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease189 mile range109 equivalent mpg
View details

Tesla Model X

Long Range 100kWh SUV 5dr 2019
From £953 inc VAT

Personal Contract Hire per month
Initial rental £8,574 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease315 mile WLTP range134 equivalent mpg
View details
mercedes eqc 400 sport 692x521

Mercedes EQC 400

80kWh Sport SUV 5dr 2019
From £661 inc VAT

Personal Contract Hire per month
Initial rental £5,953 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease259 mile WLTP range131 equivalent mpg
View details

BMW i3

120Ah Hatchback 3dr 2019
From £299 inc VAT

Personal Contract Hire per month
Initial rental £2,694 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum24 month lease193 mile range206 equivalent mpg
View details

Nissan eNV200

40kWh Acenta Van 6dr 2019
From £257 inc VAT

Personal Contract Hire per month
Initial rental £2,312 inc. VAT
Subject to status and conditions + document fee


5,000 miles / annum48 month lease124 mile range132 equivalent mpg
View details

Our leasing partner

To bring you special handpicked electric car leasing deals, we’ve joined forces with DriveElectric one of the UK’s leading electric car lease providers. The DriveElectric team live and breathe electric cars. They have over 10 years’ experience successfully delivering thousands of electric cars and vans.

Looking for large business fleet services? See how we can help your business

Our best electric car leasing deals

We do more than leasing electric cars. Combine with the Pod Point Solo home charger or the GoElectric home energy tariff for EV drivers, to benefit from the offers below.

long winding countryside road

5,000 miles free credit

  • Cash equivalent of 5,000 miles credited to your account - worth £114


Lease a car and get the GoElectric electric car tariff with EDF to qualify for this great offer.(1)

Pod Point socketed home charger for electric vehicles

Pay just £449 for a home charger

  • Pod Point Solo smart home charger
  • Professional installation
  • Price assumes you qualify for the OLEV grant(2)


Qualify if you have off-street parking.

I think the only difference that I’m noticing is it feels like it glides, and it’s so smooth and quiet.

Lloyd, from "Hand Luggage Only" and star of Electric Adventures episode three - "Wave of change"
Row of business electric vehicles in car park

Electric vehicle leasing solutions for business

Is your business ready to go electric? We’ve got everything covered.

We have partnered with leading vehicle leasing companies to offer a great range of pure electric and hybrid vehicle options. Let us help you find the right electric vehicle to suit your business needs.

Learn more about electric cars & leasing

Electric vehicles calculate costs

Understand the costs of running an EV

Find out what an electric car costs to buy and run – upfront and over a lifetime.

Learn more about costs

set of spanners on a teal background

Maintenance & servicing electric vehicles

Learn about maintenance and servicing for your electric car.

Read about maintenance

What to look for when buying an electric car

A complete guide to buying an electric car

Discover all the things you should consider when making a decision to purchase an electric car.

Read now

Electric car leasing FAQs

How does car leasing work?

Car lease agreements are straight forward. You choose a car that you like then you choose how long you want the lease for in months, i.e 36 or 48 months and then you choose a set number of miles to suit your requirements, be it 5000, 8000, 10000 miles and so on. Whichever variation you choose will affect the monthly repayments. You can also choose the amount you pay in the initial deposit, which can either increase or decrease your monthly repayments.

Once all this is agreed with the lender, a personalised quote or “Personal Contract Hire” agreement (PCH) is sent to you outlining everything you need to pay, how often and for how much and it also includes all the terms and conditions you should adhere to and any additional charges and considerations you need to be aware of.

What are the benefits of leasing an electric car?

Leasing an electric car, instead of purchasing outright, can be a great way to drive the latest, technologically advanced cars on the market. Leasing can provide access to a greater choice of vehicle and peace of mind to a new electric car buyer, offering a more affordable option as well as allowing drivers to hand back the car once the lease is over with the potential of upgrading to the latest models.

We think that leasing an electric car is a great option and here are seven reasons why:

 

Leasing electric cars avoids high upfront costs

Leasing an electric car is a great way to drive away in a brand new car without the drawbacks of purchasing one. As the electric car market is still in its infancy, many models do come with a higher initial purchase price than their equivalent petrol or diesel models. By leasing an electric car, this initial outlay can be avoided. Leasing also means that your monthly costs are fixed throughout the term making it easier to budget.

 

Leasing allow you to keep up to date with the latest technology

Electric car technology is developing all the time. Ranges are improving and charging technology is changing. Every year, we’re seeing new and improved makes and models on the market with enhanced specifications and tech features. By leasing an electric car, you don’t need to worry about missing out on the latest models. Minimum lease durations are around two years for individuals and typically around three to four years for businesses. Once your lease is up you can simply hand back the car with the potential to get your hands on a brand-new model and keeping your early adopter status.

 

Take the hassle out of selling by leasing an electric car

Being able to hand back the car at the end of your term is one of the things that makes leasing so attractive to electric car drivers. The market for second hand electric cars is still very small in the UK so because you never own the vehicle, there’s no risk on the final resale value and no hassle to try to sell it on. This will all be taken care of by the lease company. Leaving you to think about what model you want to choose next.

 

More environmentally friendly

Fully electric cars have no exhaust emissions and are therefore helping everyone breathe a little easier, while you reduce your carbon footprint. Read more on the environmental impact of electric vehicles.

 

Easier maintenance

Having fewer moving parts, electric cars can be very easy and cheap to maintain. Better still if you take out an optional maintenance package available with most lease deals you won’t even need to think about it. Our lease partner, DriveElectric, offer optional maintenance packages to cover the manufacturer recommended servicing and tyres. This allows you to choose your dealership of choice leaving you with complete control over where and when your car is serviced and maintained.

 

Leasing an electric car means lower running costs

As an electric car doesn’t run on petrol or diesel fuel, they're cheaper to run.

Electricity is much cheaper than traditional motor fuels costing around £2.80 for 100 miles. Not only that, VAT on electricity for domestic customers is only 5% (businesses still have to pay 20% VAT on electricity) compared to 20% at the pump. The amount you can save each month is considerable.

There’s also a number of other benefits for electric car drivers such as grants for charge points and savings to be made on tax and congestion charges. For company car drivers, there’s also no Benefit in Kind company car tax to pay in 2020.

 

Advice available from the UK’s electric car leasing specialist

If you’ve never driven an electric car before, making the switch may seem daunting. To make it easier, EDF Energy has teamed up with DriveElectric to offer our customers an electric car leasing solution. The company has placed over 3,000 pure battery electric cars and vans on the road in the UK and are well placed to provide you with all the help you need to find the best electric car to suit your needs. This experience has also led to better buying power which ensures competitive lease costs for our customers as well as far less administration for you.

With such expert help at hand there’s never been a better time to consider making that switch.

What's the difference between PCP and PHP?

There are two ways of leasing an electric car – Personal Contract Hire (PCH) and Personal Contract Purchase (PCP).

Personal contract hire (PCH) is a long-term vehicle rental agreement where you pay to use the vehicle throughout the length of the contract and then hand the car back to the finance company as the end of the lease period.

Things to consider:

  • PCH is subject to credit acceptance
  • Minimum duration is 24 months
  • Minimum mileage is 5,000 miles per year
  • Once a maximum mileage is agreed, any excess mileage will be charged
  • Early termination can be expensive
  • At the end of the lease the care must be returned in a good condition
  • You will not own the vehicle and will have no option to purchase at the end of the lease.

 

Personal contract purchase (PCP) however, is for customers who want to own the vehicle at the end of the lease period and don’t have the funds to purchase a new vehicle upfront. For PCP, you pay an initial deposit followed by a series of monthly payments. Then at the end of the lease agreement period, the lessee has the option to pay the outstanding balance for the vehicle at which point the vehicle ownership is transferred to the lessee.

Things to consider:

  • As above but instead of handing the vehicle back to the leasing company, at the end of your term you have the option to own the car with an ‘Option to Purchase’ fee.

What is the 'initial payment' when leasing a car?

The initial rental payment is how much you can afford to pay in advance, which is then deducted from the total cost of the leasing agreement and adjusts your monthly payments as a result. The more you pay up front, the less your monthly payments will be - the total cost of the leasing agreement remains the same.

You can choose how much initial payment you pay up front - 3, 6, 9 or 12 months. The amount depends on your lease length and the annual mileage you choose. What is impacted is your affordability assessment by our credit agency, when they look at your ability to pay the monthly lease payment.

Is insurance included with electric car leasing?

No, your leasing price does not include electric car insurance. It is the driver’s responsibility to insure the vehicle. Electric vehicle insurance is still in its infancy and policies are continuously evolving as the electric vehicle market matures. Many insurance companies now offer car insurance tailored specifically for electric vehicle owners and it pays to shop around to find an insurance provider and premium to suit your requirements and to take advantage of any discounts and offers that are available.

Will leasing an electric car affect my credit rating?

Yes, a car lease will affect your credit rating. Any monthly repayment scheme has an effect on your credit rating. Whether that’s a mobile phone contract, a credit card or an electric car lease.

This doesn’t have to be seen as a bad thing though. Your payment history shows potential lenders how trustworthy you are. If you consistently pay your monthly repayments on time and in full then lenders will be more inclined to loan you funds when you need them. So an electric car lease can help you improve your credit score. How much your credit rating improves over time will depend on how well you can keep up these repayments and how long your lease agreement is for. The longer the lease, typically, the slower your credit rating will improve.

Is servicing and maintenance included with leasing?

Leasing an electric car is simple and there are options available to include servicing and maintenance as an additional package. These packages can be tailored to suit your needs and available budget and are included in your monthly price plan. Prices for this vary depending on leasing provider and it’s best to talk to the leasing provider to understand what's included in a vehicle maintenance package because any physical damage, such as scratches and dents would not normally be covered under this type of cover. However, breakdown and annual servicing would normally be included.

Our leasing partner DriveElectric offer optional maintenance packages to cover the manufacturer recommended servicing and tyres. This allows you to choose your dealership of choice leaving you with complete control over where and when your car is serviced and maintained.

What happens if the electric car/van needs to be repaired?

Should your electric car or electric van be unfortunate enough to be involved in an accident then the same would apply to this vehicle as it would with any other, you would need to contact your insurance provider to submit a claim. It is the driver’s responsibility to ensure they have adequate insurance cover for the vehicle.

In the case of a lease, if your car is stolen, or written off by the insurer, then there may be a shortfall between the value of the vehicle and the outstanding finance balance where a lessee may have to cover the difference. It would be worthwhile discussing this with your leasing provider, as some leasing providers offer GAP insurance for this very scenario.

When it comes to servicing and MOT’s, new electric cars do not require MOT’s in the first 3 years and many leasing providers offer optional maintenance packages, with a variety of levels of cover. If you choose not to take out a maintenance package with your electric vehicle, then it would be the drivers responsibility to ensure that the vehicle is well maintained and returned to the leasing provider at the end of the lease period in good condition.

Can I arrange a test drive?

Test driving an electric car or van through a leasing provider is not as simple as popping down to the dealership and driving before you buy. Many leasing companies don’t have forecourts and therefore no cars on a site for you to drive. However, leasing companies source their vehicles directly from manufacturers in order to get the best prices available. So, if you have a vehicle you are interested in then talk to the leasing provider and they will work closely with local manufacturer dealerships to arrange a test drive for you. If you are interested in test driving a particular electric vehicle then please submit an enquiry

How will I charge my electric car?

There are numerous places to charge an electric car, either at home or in public. Some electric vehicles come with a charging cable which can be plugged into a standard three pin home socket. This solution is very slow and often takes a full 12 hours depending on battery size. Electric car manufacturers also offer charging cables that allow for faster charging sockets, however these are often classed as accessories so it’s always best to double check if your car includes one or not.

The simplest and most convenient way to charge your electric car is at home. If you have off-street parking, then you can buy a home charge point. A home charger is a particular type of socket that can be installed externally or in a garage and can either be slow (3kW) or fast. Fast chargers are the most common and can be anything from 7 kW – 22kW, depending on the electricity supply to your home. Most UK households will not be able to support a 22 kW charger.

When it comes to public electric car charging, there are many options and over 30,000 connections at over 11,000 locations throughout the UK. Some local authorities have installed lamppost chargers which are either 3.7kW slow or 7kW fast chargers, allowing local residents and those without off-street parking to charge by the road side.

Then there is rapid charging. Rapid charging is currently the fastest way to charge your electric car or van and can be found at many motorway service stations. Rapid chargers have a typical capacity of 43kW-50kW and allow drivers to charge their cars to about 80% in 20-40 minutes.

Is breakdown cover included with an electric car lease?

Breakdown cover, much like servicing and maintenance can be included in monthly price plan of your lease. This can be tailored to your needs and it is always recommended to talk to your leasing provider to understand what is covered and when it’s applicable. If you do not have breakdown cover wrapped into your electric vehicle lease, another option is to ask your insurance provider for a quote. Most insurance companies offer breakdown cover as part of an insurance package, but again it’s worth having a conversation with your car insurance supplier to understand your requirements and the costs associated with it.

Do I own the car/van at the end of the leasing agreement?

With leasing, or Personal Contract Hire (PCH) agreements, you do not own the car at the end of the lease term and the vehicle needs to be returned.

Should I buy an electric vehicle instead of leasing?

Electric car technology is developing all the time. Ranges are improving and charging technology is changing. Every year, we’re seeing new and improved makes and models on the market with enhanced performance, specifications and tech features.

By leasing an electric car, you don’t need to worry about missing out on the latest models. Minimum lease durations are around two years for individuals and typically around three to four years for businesses. Once your lease is up you can simply hand back the car with the potential to get your hands on a brand-new model and keeping your early adopter status.

Being able to hand back the car at the end of your term is one of the things that makes leasing so attractive to electric car drivers. The market for second hand electric cars is still very small in the UK so because you never own the vehicle, there’s no risk on the final resale value and no hassle to try to sell it on. This will all be taken care of by the lease company. Leaving you to think about what model you want to choose next.

If you're keen to explore buying an electric vehicle, we have a guide on what you should consider before purchasing an electric car.

Do you deliver cars nationwide?

Yes, we deliver our lease vehicles to your door across the UK including Northern Ireland, with the exception of Tesla vehicles.

Can I use personalised number plates on a leased car?

Personalised number plates can be used with leased electric cars but you will have to obtain the log book from the finance company and notify the DVLA. Please let us know if you wish to use a personalised number plate as early as possible in the process.

What if I don't know what my annual mileage will be?

It's difficult to know exactly how many miles we'll drive over a year - we suggest revisiting your previous MOTs and servicing, where mileage is recorded to give yourself as a guide to inform what your mileage might be over a year.

As the monthly lease payment amounts are dependent on mileage, it's important to make the most informed decision - ask us about the monthly rental amounts for different mileage and the surcharges that apply if you go over the mileage in your lease agreement. We're here to help you with impartial advice on what would best fit your personal situation, so don't hesitate to ask our advisors.

Do you provide short-term leasing?

Short term electric car leasing is available for business customers, however for Personal Contract Hire (PCH), we don't provide this. We may however be able to offer a test drive of certain electric car models - contact us for more information.

What is electric car leasing?

Electric car leasing is a little like renting, in that it allows you the flexibility of using a new car in the way you want and spread the rental cost of a vehicle over time.

You can choose the make model and specification of your car and drive away without having to pay the typical 20% of the vehicles value upfront, that you’re likely to pay if you bought a new car.

With electric car leasing, you do not own the vehicle but you’re able to drive a new car and spread the cost of the rental over the term of the lease (usually between two and five years). At the end of your leasing period, you simply hand the car back to the leasing company and as long as you’re under the agreed mileage cap and the vehicle is not damaged (other than agreed wear and tear allowances) your payments will end, leaving you free to do as you wish.

The power of wind

One explorer. An 86 year old skydiver. And an electric car powered by the Scottish wind. We challenged Camilla Thurlow to go back to her roots in Scotland and skydive with the fearless Dilys Price.

This is the fifth and final episode of Electric Adventures!

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