What are the Top Reasons to Lease an Electric Vehicle?
Contract Hire, often referred to as Leasing, is an agreement between the funder and a customer which allows you to drive a brand-new car for a fixed term. You pay an agreed initial payment plus regular monthly payments at a set amount for the term of the contract. You return the car at the end of the lease contract.
Contract Hire & Leasing has always been a popular option for businesses to acquire vehicles. More recently we’ve seen the personal leasing market grow rapidly, as people look to avoid depreciation and one-off large repair bills. Essentially, leasing a car or van allows you to spread the cost effectively. People may also find it’s an affordable way to get a higher value vehicle than they could afford if they were to buy it outright.
Leasing an electric vehicle (EV) can be a practical and cost-effective choice for many individuals. An all-electric vehicle runs on 100% battery power and charges from an electric charging point. That means zero fuel – zero emissions. On the road, you’ll experience instant torque, smooth, step-free acceleration, and quiet running. And with government incentives, reduced road tax, and lower servicing costs, choosing an electric car could be good for your wallet as well as the environment.
Here are some of the top reasons why people opt for leasing electric cars:
It’s important to carefully consider your driving habits, budget, and personal preferences before deciding whether to lease or purchase an electric car. Leasing can be an attractive option without the long-term commitment and potential depreciation risks associated with ownership.
We’ve been established for over 20 years and in that time, we have built up extensive knowledge of the marketplace and have developed strong relationships with manufacturers, dealerships and funding companies. Our financial standing and size gives us buying power – we purchase stock vehicles and larger volumes of vehicles at very competitive prices which means we can offer low prices to our customers. We can also offer some in-house funding if credit is an issue. For example, if you’ve just started a company and would struggle to get credit from a funder.