Business Electric Car Lease Deals

Running a business can be complicated enough, so business electric car leasing deals are designed to keep things simple and cost-effective. Whether you’re an established company, sole trader or small to medium-sized business, choose electric car leasing for the good of your business and the planet. 

With lower running costs, attractive tax benefits and an ever-growing range of models, electric vehicles (EVs) are quickly becoming a smart choice for businesses and individuals across the UK. Our comprehensive platform compares lease deals from funders all across the UK to help you find the right vehicle at the best price.

Why lease an electric car for your business?

Electric cars make a strong business case. You’ll benefit from significantly reduced Benefit-in-Kind (BiK) tax rates compared to petrol or diesel vehicles. Plus, charging costs are typically much lower than fuelling up in a petrol or diesel car, and because EVs have less working parts, maintenance can work out cheaper over time.

Leasing also helps preserve cash flow. Instead of tying up capital in a vehicle purchase, you can spread the cost into predictable monthly payments, often reclaiming a portion of the VAT if you’re business is VAT-registered.

A smarter way to find your next EV

We’ve built our platform to take the hassle out of leasing. Filter by budget, range, body style, or brand, and quickly compare electric car lease deals tailored to your business needs. Whether you’re after a compact city runaround or a premium electric SUV for client visits, choose a brand new electric car to suit.

Flexible lease contracts

Choose business contract length, annual mileage limits, initial payments amount and fixed monthly payments amount that work for your business. Then at the end of your business electric vehicle leasing deal, simply hand the car back. No worries about depreciation or resale.

FAQs about Business Electric Car Leasing

What is business car leasing?

Business electric car leasing allows your company to use a vehicle or vehicles for a fixed monthly cost over an agreed term, without the pressure of a big balloon payment at the end of your contract or having to sell the vehicle on. A flexible and tax-efficient way to run company cars.

Are electric cars cheaper to run for businesses?

In many cases, business electric car leasing can work out cheaper than buying vehicles outright. And because electricity is cheaper than fuel, your maintenance costs will also likely be lower. Also, benefit from tax incentives like low benefit-in-kind (BiK) rates.

Can I claim VAT on a business lease?

If your business is VAT-registered, you may be able to reclaim up to 100% of the VAT on your monthly lease payments if the vehicles are used for business purposes only, or up to 50% of the VAT if the vehicles are used for both business and personal use. 

Do I need to install a charger at my business premises?

Not necessarily, but it can be beneficial, although public chargers can still be made use of. Many businesses do choose to install workplace chargers due to government grants that can help with the cost.