As the UK Government ramps up efforts to support cleaner driving and more affordable electric vehicles, a new £650 million Electric Car Grant (ECG) has been launched — and it’s a game-changer for both private and business lease customers.
At Ready2Lease, we’re here to help you understand what this means, how you can benefit, and why now might be the perfect time to make the switch to electric.
🚗 What is the Electric Car Grant?
Announced in July 2025 by the Department for Transport, the Electric Car Grant offers discounts of up to £3,750 on new electric vehicles priced under £37,000. These discounts are applied directly at the point of sale — no paperwork required from customers.
The goal? To make EVs more affordable for working families and businesses, reduce emissions, and stimulate the UK economy.
✅ Key Highlights
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Up to £3,750 off new electric vehicles
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Applies to vehicles under £37,000 RRP
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No application needed — discount handled by manufacturers and dealers
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Based on green manufacturing criteria (sustainability standards)
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Available for business and personal users
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Runs until 2028/29 (subject to funding availability)
💼 What does this mean for lease customers?
If you're leasing a new electric vehicle through Ready2Lease, this grant means lower monthly payments and greater long-term value — especially when combined with:
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Low running costs (save up to £1,500/year on fuel and maintenance)
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Lower tax rates for EVs
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A growing network of public and home charging options
For businesses, this is also a major opportunity to refresh your fleet, meet sustainability targets, and benefit from tax reliefs and NI savings.
⚡ Why now is a smart time to go electric
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More choice than ever: 34 new EV models available under £30,000
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Used EVs are dropping in price (40% now under £20,000)
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Infrastructure is ready: Over 82,000 public charge points and counting
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Supportive policies: From driveway-free home charging to tax incentives
👋 How Ready2Lease can help
At Ready2Lease, we make leasing simple, transparent, and service-led. We’re here to:
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Help you find grant-eligible EVs
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Advise on the best leasing plans for your needs
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Support both individuals and businesses with switching to electric
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Keep everything streamlined — from quote to delivery
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Ready to take advantage of the Electric Car Grant?
📞 Contact our team today to explore electric leasing deals
🔗 Or start browsing grant-eligible EVs now
