Electric car leasing is becoming more popular in today’s market and you don’t want to miss out, especially as the sale of new petrol and diesel vehicles is set to be banned in 2030. Rising gas prices and the growing concern about climate change have led many consumers to start to think long and hard about their standard fuel-guzzling vehicles. Electric cars have stepped in as a fantastic substitute for petrol or diesel vehicles.
At AVL, we pride ourselves on being transparent and honest with our customers and the fact of the matter is, electric vehicles are an investment.
If you are thinking you would love to join the thousands of Brits who have changed to an Electric lifestyle, but don’t want to spend the money outright, leasing may be for you. Let’s examine the top 5 advantages of leasing an electric car.
Rather than buying an electric car outright, you should consider leasing due to the lower initial financial commitment. Leasing works by paying a small amount of the car’s value every month or every couple of months as opposed to a one-off large upfront payment. The huge benefit of this is saving as you do not have to save up the entire cost of the vehicle, instead, step into your brand new car today rather than tomorrow.
If you would like to learn more about how leasing works, visit our website by clicking here
If you, like many, want to get a new car every 3 years, leasing can be the perfect choice for you. Since you aren’t obligated to keep the older vehicle through purchase, leasing allows you to explore newer improvements of electric cars much more simply. You will also gain first-hand experience driving a range of car manufacturers, and have access to the latest and greatest models.
If you are in the market to upgrade your car to an electric, we suggest the Electric Mini which starts at just £329.67.
Often the worst part of owning a car is parting ways with it, sometimes it can take weeks or months to find the right buyer but with leasing that’s not a problem. Once you are finished with the car, you do not need to put the hard work into selling it. When you wish to look for another one, you just return the leased electric vehicle to us, making acquiring a new car saves time and effort.
Why not check out a Hyundai Kona which is perfect for your next electric upgrade?
Leasing means fewer years on the car which means less maintenance. You often need less maintenance while leasing a car than when you own one for a few years because leasing allows you to drive newer, more luxurious vehicles. In the long run, this can save a lot of money as you may not have to constantly pay for repairs outright.
Find out how you can save by visiting our website, click here to find out more.
Leased cars belong to the leasing company, therefore, you don’t have to be concerned about depreciation in this situation. When you own a car, you are aware that it will lose value over time as a result of the depreciation of the vehicle, meaning you have spent more money than it is worth.
The amount included in the monthly rate under a financing lease is calculated as a monthly percentage of the capitalised cost, typically 2% per month or higher, which works out cheaper than the actual depreciation of the vehicle.
Wondering what Electric Car to choose this year? Check out our blog on the 8 greatest electric cars launched in 2022 and browse through all our fantastic Electric leases.
