Electric Car Leasing

Electric hot lease deals on all electric cars from Ready2Lease.  Call us now for latest availabilities on 0116 4030235.

Running costs of an electric car

If you are trying to calculate the running costs of an electric car the most obvious place to start is the cost per mile.  To be able to work this out you first need to understand the cost of running your current Petrol or Diesel vehicle, the fastest calculation for this is below:


Cost per litre of fuel multiplied by 4.54 (= one gallon)  Next you need to check either the advertised MPG of your vehicle or for a real life example, check the trip computer on your current car to view your current MPG, this will give you an idea of how many miles you get from your vehicle on average, per gallon of fuel.  Next you should take the price of the gallon of fuel and divide by the average number of miles you currently achieve, this will give you a fairly accurate pence per mile running cost.  The cost of this is of course variable as fuel price can fluctuate daily.  Your driving style will also impact MPG, as will the type of driving you undertake, for example driving on the motorway is far more efficient than driving around towns or villages.  


Now you have this cost identified, you should calculate what the cost per mile will be in your electric car, to do this you should repeat the same process as above, however you need to calculate the cost of electricity to fully charge the vehicle and then divide by the advertised range.  This can also be variable but you should be able to come to a conclusion on which will be more efficient. 


Charging at home using designated electric car tariffs is the cheapest way to charge (except if you have free charging from Tesla).  Charging an electric car at charge points at supermarkets and garages is the most expensive as they are often high power or rapid charge systems which favour speed over affordability.

Electric Lease Car FAQ's

Yes absolutely they do, but there are some noticeable differences.  Many of the more expensive parts required on an ICE (Internal combustion engine) are not required or not required to the same extent.  Major consumables such as tyres and brake pads are still required to be checked and replaced as with all cars to ensure they are roadworthy.  Electric cars also need an MOT in their fourth year of life

Despite some speculation there is a general misconception about the longevity of electric cars and in particular, electric car batteries.  As it stands the expectation is that electric car batteries will last at least 15 years, all whilst it will lose some charge ability the degrading of the cells is expected to be very very slow.  It is more likely that the car itself will have started to fall apart and needs replacing before the actual battery.

Leasing an electric car from Ready2lease is really easy, and a very affordable way to obtain an electric car.  The general process is as follows:

1) Identify the car, term and mileage that best suits your needs.  You need to remember that unless advertised as in stock, some cars can take anywhere from 4-26 weeks to be ready for delivery.  Please check with your sales advisor on enquiry.


2) When you are happy with your choice, you will need to submit a credit application.  This can either be a personal lease or through as business.  You cannot lease a car for someone else and you cannot have a joint application for lease cars.


3) If your application is accepted, you will be asked to sign an order form and pay an acceptance fee.  In most cases this is £225+VAT (£270 Including VAT)


4)  When your vehicle is ready and has a registration number assigned, you will be asked to sign your finance papers and arrange a suitable delivery date to your home or work address.


5) Your vehicle is delivered and you are ready to start enjoying your new electric car.  We delivery to all of the UK mainland free of charge, Scottish Highlands carry an extra charge that should be highlighted at point of enquiry.

Yes you can, please mention you want a quote for maintenance when you enquire.  We can offer maintained contracts on 99% of all car lease.

Unless specifically part of your agreement with a lender, it is always the responsibility of the main driver to have the vehicle fully insured for the full duration of the lease.

Yes we certainly can.  Please let us know if you are interested in this service and we will arrange a free quote at your business or residential property.