Electric & Hybrid Car Leasing

When you choose to lease an electric vehicle, you’ll receive a brand-new car at a fixed monthly price, before handing it back at the end of your contract.

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Electric car leasing.

Electric car leasing is becoming more and more popular, and it’s easy to see why. Leasing an electric car, for business or personal use, comes with a variety of benefits. Whether you want an ultra-modern, almost futuristic electric lease car, or something more classic and familiar, we have a huge range of electric lease deals to suit every motorist.

All our electric lease deals come with free UK mainland delivery, an official manufacturer’s guarantee, and completely free road tax. We’ll tailor the best electric lease contract for you by considering your annual mileage, length of lease contract, and any initial deposit, to create a lease deal that fits your exact needs.

Here at motorlet, we have some superb electric vehicles ready for leasing. Got questions about the electric leasing process, or want to know if an electric lease vehicle could be right for you? Let us help you make the switch.

Take a look at our complete guide to electric leasingif you’d like to learn more about the process. 

The benefits of electric leasing.

At the risk of saying the same thing that every other car related business has been banging on about for the last few years – electric vehicles really are the future. They’re cheaper to run, better for the environment, and make for a seriously fun drive.

With an electric lease car, you’ll see reduced running costs thanks to road tax and congestion charge exemptions, and you’ll never have to pay for fuel again. You’ll also be eligible for government grants, including one to assist with the installing of an at-home charging point, so you can save money when it comes to making the switch.

An electric vehicle will see you enjoy a much quieter, relaxing drive experience. Since all electric cars come with instant torque, you’ll get a quick response from your electric lease, making for the best acceleration from a stop. Pair this with quick charging times, impressive mile ranges, and an all-round reduced impact on our environment, and an electric lease car will be impossible to turn down.

With an electric vehicle lease contract, you’ll be able to enter into a sort of long-term rental agreement, driving your electric car for a contracted period before handing it back. During this time, you’ll pay a fixed, monthly lease fee that will cover the costs of using the vehicle. Once you’ve finishing paying for your lease contract, you’ll send your electric car back and look forward to picking out a new one! It’s that simple.

The benefits of electric car leasing for business.

An electric lease car could be one of the best things that you could do for your business. Not only will it help your business to become more economically and environmentally friendly, but you’ll also receive some huge benefits for switching to electric.

When getting a company car for your business, you’ll usually have to pay Benefit-in-Kind (BiK) tax. This is an extra fee that employees must pay if they receive additional perks alongside their salary. If you choose to opt for an electric business lease vehicle, you’ll only have to pay 1% BiK for the year 2021/22, rising to 2% in 2022/23. That’s a massive saving that you could make by choosing electric.

You’ll also benefit from an enhanced capital allowance on your electric business lease car. This means that you can deduct the whole cost of an electric vehicle from your businesses’ pre-tax profits, often producing massive levels of tax relief.

You might decide to opt into a Salary Sacrifice scheme for your electric lease car, this means you can deduct the price of your electric business lease from your pre-tax salary – in turn reducing the total amount you would receive. By reducing your salary and receiving that chunk in the form of an electric vehicle, you can reduce your tax and National Insurance payments. You can learn more about salary sacrifice here.

If you like the sound of an electric business lease and would like to find out more before you take the plunge, check out our business electric leasing guide.

Our electric lease vehicles.

We might be a bit biased, but we really love our range of electric lease vehicles. There are a few that have remained hugely popular, and a few that we’re predicting will become even more loved as time passes by. If you need help picking the right electric model for you, get in touch with our team.

Since its launch, the superb Porsche Taycan has been immensely popular among our customers, becoming a firm favourite among those who love a luxury vehicle but want to dip into the world of electric cars. Our range topping Porsche Taycan Cross Turismo can smash out a mouth-watering 0-62mph in just 2.9 seconds and can make it up to 260 miles between charges. Take a look at our superb Porsche Taycan lease deals here.

Another favourite among the motorlet team is the super quirky Honda e, a futuristic yet retro take on electric vehicle stylings. Our Honda e 11kW Advance 36kWH model can take you up to 131 miles between charges, whilst achieving its 0-62mph in just 8.3 seconds. The Honda e really excels on the tech front – take a look at our reviewto get to know the details.

Electric lease cars and mile range.

The range of an electric lease vehicle can really vary, but they really do get much further than most people think. With electric charging points available for free at many public locations, including supermarkets and service stations, it’s easy to keep on top of charging your electric vehicle.

For example, the Porsche Taycan has a great mile range of up to 260 miles between charges, whilst the Tesla Model 3 Saloon is up there with the best at a range of 352 miles. The all-electric Volkswagen UP is a great example of a smaller lease vehicle, with a range of 160 miles between charging. The mile range simply does depend on the electric vehicle you opt for.

There are factors that do affect the range of your electric lease car, mostly due to how much power they drain from the battery. In the winter, you might find that your range will decrease slightly. This is because the lithium ions that make up the car’s battery need to move around to generate power. When it’s cold, those little ions just can’t move as fast. Using the heating in your car may also use up some of the electric power and reduce range, whilst using the air conditioning could have the same effect. We recommend preheating your car whilst it’s still on charge – this means power will be saved and the range will not be affected.

If you whip around in your electric car at top speeds, the battery will run out quicker. A more casual drive around town, at slower speeds, will increase the longevity of its charge. Hard accelerating can also drain your battery much quicker, so pick an eco-drive mode, cruise along and relax, to make sure you can go the distance. In short – drive sensibly and you’ll drive for longer.

Taking your electric vehicle up-hill might affect the range of your charge, since working against gravity takes a little more power. Luckily, cruising downhill will actually allow your battery to charge up, meaning you’ll probably not notice that much difference if you’re occasionally battling some varied terrain.

As long as you drive sensibly, and avoid using up too much power if you’re planning on completing a long trip, your electric vehicle will look after you just fine.

Charging your electric car at home.

Running your lease car on electricity as opposed to petrol or diesel will be sure to save you money – electricity is much cheaper than other fuels! It’s a good idea to shop around for a good electricity provider, to get the most out of your tariff.

It couldn’t be easier to charge your electric lease vehicle at home – you can use the government grant of up to £350 to help pay for the installing of an at-home charging point. This will help you make huge savings as you make the switch to electric motoring.

Different models will take different amounts of time to charge but, in general, leaving your car plugged in overnight is a great way to keep it topped up. Some charging set ups have smartphone compatible apps, so you can keep an eye on the status of your battery as it charges. You also get the choice of fast and slow chargers, so you can decide how long it takes to top up your electric vehicle.

If you’d like to learn more about the leasing process, business leasing, or the leasing of electric cars, check out our handy guides.

Electric Car Lease Deals

Switching to electric vehicles. 

You’ve probably heard this many times before, but electric cars really are the future. The benefits that come alongside them, especially for a business lease option, are unrivalled. Whilst we love the vibe of a traditional petrol or diesel powered vehicle, there are some incredible electric vehicles on the market right now - and they’re stealing our heart.

Making the switch to an electric vehicle can seem daunting. It’s completely unchartered territory for many motorists and you might need some extra help deciding if an electric car is for you. To help you come to a decision and to answer any questions you might have, we’ve put together this helpful guide. If you still have queries or would like a quote for one of our superb electric car lease deals, get in touch.

 

Electric car leasing allows you to experience a brand new, electric car for a fixed contract length, before handing it back once your lease period ends. Through this time, you’ll pay a fixed monthly fee until it’s time to give your electric lease car back. The lease process for an electric vehicle is very much the same as a standard car, you can learn more about the leasing process here.

The costs of electric leasing. 

The running costs of an electric car are much cheaper in the long run. Your electric car doesn’t require petrol or diesel to keep it running and electric charging is much cheaper. If you’re charging at home, then the overall price will depend on your own electricity provider and the average cost of your bill. Usually, it works out much cheaper to charge your lease car than it is to fill it with fuel.

Since electric vehicles have fewer parts to maintain, you’ll never have to worry about issues with the hot, oily bits under the bonnets of petrol and diesel cars. Electric vehicles skip out on fiddly parts such as fuel injection systems, exhaust systems and radiators – all of which are expensive to maintain. This makes electric cars much cheaper to maintain, compared to traditionally powered vehicles.

Charging an electric vehicle. 

The length of electric car charge time can vary from vehicle to vehicle. Some large electric lease cars can take up to 24 hours to reach their peak, and different methods of charging will provide different charge times. Rapid chargers can give a quick boost in around twenty minutes, and fast charging points can manage a full charge of a smaller car in around six hours. It’s best to look at specific models to compare. You can find our full range of electric vehicles here.

On average, you can expect the average lease car to cover a range of 250 miles on one charge. This really does vary between models so it’s best to check our range of electric vehicles and decide which option is best for you.

When you’re not driving your electric lease car, you can plug in to a charging station. It’s recommended that you have a charging station installed at home, usually in the garage or on the side of your house, as these kinds of chargers are much quicker. These chargers plug into the car and will be the sole provider of power for your drives. Once your car reaches full charge, you can unplug, and drive away.

You’ll also find charging stations in public areas such as supermarkets and shopping centres, as well as service stations, and maybe even your place of work. You don’t usually have to pay to use public charging points, but you will need to pay for the electricity to cover your at home charging, and the initial fee to have a charging point fitted.

Extra costs of electric leasing. 

On a vehicle that is powered purely by electricity, and thus creates zero emissions, you won’t need to pay road tax. This is because road tax is based on the amount of carbon dioxide emissions that a vehicle creates.

Thanks to the electric vehicle’s zero emissions, you’ll never have to pay congestion charges in congestion charge zones. This is especially great for business lease cars that commute in the London area, as you could be making a saving every day.

Leasing an electric car for your business. 

If you choose an electric car as your new business lease, you can choose to do this through a salary sacrifice scheme. This means that you can subtract the cost of your electric business lease from your gross salary, which reduces the amount you’ll receive. This way, you’ll actually have to pay less in tax and National Insurance contributions. Usually with a business lease, you’ll have to pay a Benefit-in-Kind (BIK) contribution. BiK are actually at their lowest on electric vehicles, so this is the best way to go to make the most savings. You can find out more about electric business leasing here.

Discounts for electric leasing. 

There are a few government schemes and incentives to help you make savings on your business lease car. Currently, the government are offering a £2,500 plug-in car grant for eligible electric vehicles under £35,000. There are also grants available for the installation of charging points. You can find out more on the GOV website.

Electric leasing and the enviroment. 

Electric lease cars are truly one of the best things you can do for the environment. It’s a small lifestyle change that will reduce your carbon footprint on a daily basis. As electric lease cars don’t have an exhaust system, they don’t emit any emissions into the atmosphere. If you want to reduce your emissions, electric leasing is the best way to go. This is especially great for businesses who are wanting to become more environmentally friendly.

Electric lease cars are much better for the environment than traditional lease vehicles. They’re also cheaper to run and maintain, with free charging stations available in public areas (you definitely won’t find free petrol on your travels!). Electric lease cars are also incredibly impressive in recent years. We adore the Honda e, as well as our extremely popular Porsche Taycan. Pair this with the tax savings and government incentives – electric lease cars are a brilliant option for business and personal lease.

Hybrid car leasing.

A hybrid lease car is powered by an electric motor, as well as an internal combustion engine. The electric motor in a hybrid vehicle is powered by a battery that is charged through regenerative braking. Hybrid cars use both fuel and electricity to function and, as a result, reduces the amount of Co2 emissions that your lease vehicle produces.

Ordering an electric lease vehicle. 

The delivery time of your brand-new electric lease car will vary on the model you choose. It’s best to get in touch with our team with some models in mind to find out how long you can expect to be waiting. Delivery of our lease cars is always free to UK mainland addresses, and we’re happy to drop off anywhere that works for you.

Our electric car lease deals are available at many different price points. All of these deals include free UK delivery and an official manufacturer’s warranty. To create the best lease deal for you, we’ll consider your annual mileage, length of contract and initial payment. This way we can find the best deals for you, no matter the circumstances.

We always have discounts on our lease cars, so keep an eye on our special offers page to grab your perfect electric lease deal for the best price.

 

Build your electric car lease to order.

If you’ve got a bit more time and want to factory order your new electric car, you can be a bit more picky! You can choose the colour, the interior, the alloys, you can add extras and so on. This really gives you the chance to lease the exact lease car you want, making no compromises. So if you want a pink electric car, then knock yourself out!

 

How factory ordering your electric car works.

Depending on when you need your new car, this might make a difference to your decision. If you need your car soon, say in the next couple of weeks, you’ll have to go for a stock car. This means that you will have to choose from what is available. If you ask us, we can send you over various stock options to consider. It does mean that you might have to be flexible on colour and sometimes they can have a few extras!