Electric Car Lease Deals

Electric car leasing has moved from niche to mainstream, and LeaseLoco makes it easy to find affordable electric car lease deals. We compare EV lease deals from over 100 UK providers, ranked by LocoScore, so that you can see which deals offer the best real-world value, not just the lowest fixed monthly payments amount.

What is an electric car?

A battery electric vehicle (BEV) is powered entirely by one or more electric motors drawing energy from an onboard battery pack, with no combustion engine. Unlike plug-in hybrids, a pure electric car produces zero tailpipe emissions, is fully exempt from ULEZ charges, and qualifies for a 2% Benefit in Kind (BIK) rate for 2024/25 company car tax purposes. Electric cars are charged from an external power source, typically a home wall-box charger (7kW, overnight), a workplace charger, or a public rapid charger (50–350kW, for shorter top-ups on the go). Range varies by model from around 150 miles to over 350 miles on a WLTP cycle, with real-world range typically running 15–20% below the official figure, particularly at motorway speeds or in cold weather.

What to look for in an electric car lease

WLTP range is the starting point, but real-world range matters more. Motorway driving and cold temperatures both reduce range below the official figure, so factor in a 15–20% reduction when planning long journeys. DC rapid charging speed determines how quickly you can add range at public rapid chargers: a car capable of 150kW+ can add around 100 miles in 20 minutes, while a 50kW-limited car takes closer to an hour for the same result. Home charging setup is important. A 7kW wall-box is the practical minimum for overnight charging, and without one you're dependent on slower 3-pin socket charging (adding roughly 25–30 miles per night). Boot space is worth checking on electric cars specifically, as battery packaging under the floor can affect boot depth compared to equivalent petrol models.

Why lease an electric car?

EV technology is advancing faster than almost any other automotive category. Range, charging speed, and software capability all improve meaningfully between model generations. A 2–3 year lease means you're always in a car with current battery technology rather than being locked long-term into a model as the market moves forward. The 2% BIK rate makes leased electric cars among the most tax-efficient company car options currently available, and for personal car lease drivers, the elimination of fuel costs (replaced by home charging at typically 3–8p per mile vs 15–20p for petrol) reduces overall monthly running costs. Depreciation on EVs remains less predictable than on petrol cars, which is another reason why leasing makes particular financial sense.

Leasing with LeaseLoco

Browse LeaseLoco's full range of electric car lease deals, from compact city EVs to long-range premium saloons, ranked by LocoScore across 100+ UK providers. Filter by range, charging speed, and budget to find the right EV for how you actually drive. Whether you're seeking the absolute cheapest electric cars or just want fixed monthly costs and a tailored lease, electric leasing is a convenient and affordable way to get behind the wheel of a brand new car.