Not sure whether buying or leasing an electric car is best, well we can help.
Leasing, commonly known as Contract Hire, can be one of the most hassle free ways to drive a brand new car and you don’t have to worry about how much it will cost you in deprecation either.
Leasing can be likened to renting, except rather than having a car for a week or two while on your holidays, you keep it for a period of 2 - 5 years, all you have to do is just make a few decisions;
Choose the car you want including make, model, specification, colour and options
Decide how long you want the car for (2 - 5 years)
Work out the number of miles you expect to cover each year
Decide how much you can afford to pay in the first month
Drive a brand new car and change every few years - leasing usually offers the lowest upfront and monthly cost of drive a new car.
Fixed monthly payments - to suit your budget.
Zero depreciation risk - no more worries about having to sell your car, simply return the vehicle at the end of the contract, subject to condition and mileage terms.
Road Tax is included – the Vehicle Excise Duty (VED) will be renewed automatically every year of your agreement
Flexible terms – choice of advance rental, contract period and mileage available which are set at the beginning of the contract.
No hassle in selling at the end - once your lease finishes, you simply hand the keys back.
Maintenance – an optional maintenance package can be added, wrapping all your vehicles cost up into one monthly payment, except for insurance.
Ownership – you do not own the vehicle at the end of the contract.
Maintenance - you must maintain the vehicle in accordance with the manufacturer’s service schedule, even if you have not chosen the optional maintenance package.
Excess charges - will be applied if the vehicle is returned outside of the agreed condition and mileage terms.
Early termination – you can only terminate the contract early by paying 50% of the remaining rentals outstanding.
Repossession - failure to maintain contractual payments may result in legal action and the vehicle being repossessed.
Insurance – you must have fully comprehensive insurance.
