Switching to a battery electric vehicle (BEV) through leasing could save consumers £153 per month, almost equal to the average family electricity bill. Amidst ongoing financial challenges like inflation and high energy costs, making the move to an electric vehicle offers a sustainable and cost-effective solution. By opting for leasing deals on Leasing.com, consumers can access significant savings compared to traditional financing methods like personal contract purchase (PCP).
Leasing the latest EV models not only reduces costs but also allows drivers to experience cutting-edge technology without breaking the bank. Statistics show that leasing is gaining popularity as more consumers seek affordable options for environmentally-friendly transportation.
For example, choosing to lease the Nissan Leaf can save you £8,650 over a 36-month period compared to a PCP arrangement, translating to a monthly saving of £240. In a similar vein, the Subaru Solterra delivers substantial savings of £357 per month, making it a financially savvy choice for eco-conscious drivers.
As more manufacturers focus on creating accessible EV options, leasing costs continue to decrease, benefitting consumers looking to make the switch to electric vehicles. With a 44% increase in demand for battery electric vehicles year-on-year, it’s clear that leasing is playing a pivotal role in driving the transition towards sustainable motoring.
| Electric Vehicle | PCP Cost | Leasing Cost | Comparison Saving | Saving per month* |
| Subaru Solterra | £38,739 | £21,564.55 | £17,174.45 | £357 |
| Skoda Enyaq Estate | £28,537 | £19,585.28 | £8,951.20 | £186 |
Paul Harrison, Chief Partnership Officer at Leasing.com, emphasized the value of choosing leasing for new vehicles, especially in the current market where discounts on electric vehicles are prevalent. As manufacturers ramp up production of green vehicles, leasing presents an attractive option for budget-conscious consumers looking to embrace sustainable motoring.