Leasing a Car vs. Financing: What’s The Difference?

When it comes to getting your next car, the options can feel overwhelming. Should you lease? Finance? Or, is there another way altogether?

If you’re weighing up your choices, understanding the key differences between leasing and financing is essential – and it could save you thousands of pounds in the long run.

Let’s break down what each option means, how they compare, and which might be the best fit for you or your business.

Car financing – often called hire purchase (HP) or personal contract purchase (PCP) – is essentially a loan that allows you to buy a car over time. You’ll typically pay a deposit upfront, followed by monthly instalments over an agreed period (usually 3-5 years).

With hire purchase, you own the car outright once you’ve made your final payment. It’s straightforward: you’re buying the vehicle in instalments rather than paying the full price up front.

With PCP, things are slightly different. Your monthly payments are lower because they’re based on the car’s depreciation rather than its full value. At the end of the contract, you have three options: pay a final ‘balloon payment’ to own the car, return it and walk away, or trade it in for a new model.

The key thing? You’re working towards ownership (or at least the option of it). The car will eventually be yours, but you’ll also be responsible for its depreciation, maintenance costs, and any unexpected repairs.

Car leasing works more like a long-term rental. You pay a fixed monthly fee to use the vehicle for an agreed period – typically 2-4 years – and at the end of the contract, you simply hand it back.

You never own the car, which means you’re not tied to its resale value or depreciation. Instead, you’re paying for the privilege of driving it during the lease term. Most leases come with mileage limits and conditions regarding the car’s condition upon return, so it’s important to stick to the agreement.

Leasing is particularly popular for businesses looking to manage fleets without tying up capital. It offers predictability: you know exactly what you’ll pay each month, and there’s no need to worry about selling the car later.

For electric vehicles, leasing has become an especially attractive option. EV lease deals allow drivers to access the latest zero-emission technology without committing to ownership – perfect for those wanting to trial an electric car or avoid the risks of early EV depreciation.

So, how do these two options stack up? Here’s a quick comparison:

Ownership

  • Financing: You own the car (or work towards ownership with PCP)
  • Leasing: You never own the car – you return it at the end of the term

Monthly Payments

  • Financing: Payments tend to be higher, as you’re covering the full cost of the car (or most of it with PCP)
  • Leasing: Monthly costs are often lower, since you’re only paying for the car’s use, not its full value

Flexibility

  • Financing: Less flexible – you’re committed to the loan term, and ending early usually means penalties
  • Leasing: More flexible contracts are available (some as short as 3 months), and you can switch cars at the end of the term without the hassle of selling

Maintenance & Costs

  • Financing: You’re responsible for all servicing, repairs, MOTs, and insurance
  • Leasing: Many lease packages include maintenance, road tax, and even insurance, depending on the provider

Mileage Limits

  • Financing: No restrictions – it’s your car, drive as much as you like
  • Leasing: Contracts come with annual mileage limits; exceed them and you’ll pay extra

End of Contract

  • Financing: The car is yours to keep, sell, or trade in
  • Leasing: Hand the keys back and walk away (or start a new lease)

The answer depends on your priorities.

Choose financing if:

  • You want to own your car outright
  • You’re happy with higher monthly payments in exchange for long-term ownership
  • You plan to keep the car for many years or do high mileage
  • You prefer having full control over modifications and usage

Choose leasing if:

  • You like the idea of driving a new car every few years
  • You want lower monthly payments and predictable costs
  • You don’t want the hassle of selling or trading in a car
  • You prefer a hassle-free package with maintenance and tax included

For businesses, leasing can be especially advantageous. Business car leasing offers flexibility, tax benefits, and the ability to access the latest electric vehicles without large upfront costs. Plus, with the UK’s push towards electrification, leasing an EV now means you’re future-proofing your fleet whilst potentially saving on running costs.

At EZOO, we’ve taken the concept of leasing and made it even more flexible. Our electric car subscription service combines the best bits of leasing with the convenience of an all-in-one package.

Unlike traditional leasing, our subscriptions include:

  • Insurance – fully comprehensive cover for peace of mind
  • Maintenance and servicing – we handle the admin
  • Road tax and breakdown cover – all included in one monthly fee
  • Ultra-flexible terms – from just 3 months (the shortest in the UK) to longer-term arrangements
  • Fast delivery – get your EV in as little as 7 days

Whether you’re a business looking to electrify your fleet or an individual wanting to trial an electric car without long-term commitment, EZOO makes switching to electric straightforward, affordable, and hassle-free.

Leasing and financing both have their merits, but they serve different needs. Financing suits those who value ownership and long-term use, whilst leasing appeals to drivers (and businesses) who want flexibility, lower costs, and less responsibility.

If you’re considering making the switch to electric, leasing – or better yet, an EV subscription – offers a smart, low-risk way to experience the future of driving. With all-inclusive packages and the latest models at your fingertips, you can enjoy the benefits of an electric car without the hefty price tag or long-term commitment.

You might like this guide: Business Car Leasing or Buying: Which Is Better?

Can Electric Car Batteries Be Recycled?

What happens to EV batteries when they reach the end of their life?

It’s a fair concern. Lithium-ion batteries are complex, contain valuable materials, and there’s understandable worry about waste and environmental impact.

The good news? Yes, electric car batteries can absolutely be recycled – and the process is becoming more sophisticated every year.

Before diving into the “how”, it’s worth understanding the “why”.

Electric car batteries contain valuable raw materials, including lithium, cobalt, nickel, and manganese. Mining these materials has environmental and social costs, so recovering and reusing them makes both ethical and economic sense.

Recycling also prevents potentially hazardous materials from ending up in landfills. Whilst EV batteries aren’t as dangerous as many people assume, proper end-of-life management is still essential for environmental protection.

Finally, as demand for electric vehicles grows, so does demand for battery materials. Recycling helps ease pressure on mining operations and creates a more sustainable, self-sufficient supply chain.

Related Read: Are electric cars better for the environment? Absolutely – and battery recycling makes them even greener.

Let’s address a common misconception first: EV batteries don’t just suddenly die.

Most modern electric car batteries are designed to last between 10 and 20 years, or around 100,000 to 200,000 miles. Even after this, they don’t become useless – they simply degrade to the point where they hold less charge than when new.

Think of it like your smartphone battery. After a few years of use, you might notice it doesn’t last quite as long between charges as it did when it was brand new. EV batteries work the same way – they gradually lose some capacity over time, but they don’t just stop working altogether.

For context, if a battery originally offered 300 miles of range, it might drop to around 240 miles after a decade of use. That’s still perfectly functional for many drivers, especially those with shorter commutes or access to regular charging.

Once an EV battery is no longer suitable for powering a vehicle, it doesn’t go straight to recycling. In fact, many batteries enjoy a “second life” before being broken down for materials.

Second-Life Applications

Batteries that have degraded to 70-80% of their original capacity are still incredibly useful for stationary energy storage. They can be repurposed for:

  • Home energy storage: Paired with solar panels, old EV batteries can store renewable energy for use during peak hours or power cuts.
  • Grid stabilisation: Large-scale battery storage helps balance supply and demand on the electricity grid, especially as more renewable energy comes online.
  • Commercial use: Businesses can use second-life batteries to reduce energy costs and improve resilience.

This second-life use extends the overall lifespan of the battery by another five to ten years, maximising value and minimising waste. It’s a win-win for sustainability and economics.

When batteries finally reach the end of their useful life – including second-life applications – they enter the recycling process. Here’s how it works:

1. Collection and Safety Assessment

Batteries are collected from scrapping facilities, dealerships, or recycling centres. They’re carefully assessed to ensure they’re safe to handle and fully discharged before processing begins.

2. Disassembly

The battery pack is dismantled to separate components. This includes removing the casing, electronics, and individual battery cells. Some parts, like metal casings and wiring, can be recycled immediately.

3. Material Recovery

This is where the real magic happens. There are several methods for recovering valuable materials:

  • Pyrometallurgy (smelting): Batteries are heated to extremely high temperatures, melting them down. This recovers metals like cobalt and nickel, but loses lithium and uses significant energy.
  • Hydrometallurgy (chemical extraction): Batteries are dissolved in acid solutions to separate materials. This is more energy-efficient than smelting and can recover lithium, cobalt, nickel, and manganese with high purity.
  • Direct recycling: The most advanced method. Battery components are carefully separated and restored without breaking them down completely. This preserves more value and uses less energy, though it’s still being scaled commercially.

4. Material Reuse

Recovered materials are refined and reintroduced into the supply chain, where they can be used to manufacture new batteries, reducing the need for virgin mining.

Current technology allows recyclers to recover around 95% of the valuable materials in an EV battery. That includes nearly all the cobalt, nickel, and copper, and increasingly high percentages of lithium.

Some components, like plastics and certain binding materials, are harder to recycle and may be incinerated for energy recovery or sent to landfill. However, the industry is rapidly improving, and future recycling processes aim for near-total material recovery.

Compare this to traditional petrol and diesel vehicles, where fuel is burned and lost forever. With EVs, the “fuel” (electricity) is renewable, and the batteries can be recycled and reused multiple times.

Yes. Under UK and European regulations, manufacturers and importers are legally required to take responsibility for the collection, treatment, and recycling of EV batteries.

The Waste Batteries and Accumulators Regulations mandate that at least 50% of the weight of EV batteries must be recycled, with specific targets for material recovery. These regulations ensure that batteries don’t end up in landfill and that valuable materials are recovered responsibly.

As a driver leasing an electric car – whether through salary sacrifice or business leasing – you don’t need to worry about what happens to the battery at end-of-life. That’s the manufacturer’s responsibility, and it’s already built into the system.

Hybrid vehicles also use rechargeable batteries, though typically smaller than those in fully electric cars.

The good news is that hybrid batteries can also be recycled using similar processes. However, because hybrids still rely heavily on fossil fuels, they don’t offer the same long-term environmental benefits as fully electric vehicles.

For maximum sustainability and cost savings, fully electric remains the smarter choice – especially when you factor in lower running costs, simpler maintenance, and superior BiK tax rates.

The EV battery recycling industry is still relatively young, but it’s advancing rapidly. Here’s what’s on the horizon:

  • Improved recovery rates: Next-generation recycling methods aim to recover 98-99% of battery materials with minimal energy use.
  • Circular supply chains: Manufacturers are designing batteries with recycling in mind, using fewer types of materials and making disassembly easier.
  • Battery passports: Digital records that track each battery’s history, chemistry, and condition, making recycling more efficient and transparent.
  • Localised recycling: More recycling plants are opening across the UK and Europe, reducing transportation emissions and keeping materials in the region.

As these innovations scale, the environmental footprint of electric vehicles will continue to shrink – making them an even better choice for individuals and businesses alike.

Not at all. If anything, the robust recycling infrastructure being built around EV batteries is another reason to make the switch.

Unlike petrol and diesel vehicles, which consume finite fossil fuels that can never be recovered, electric cars are part of a circular economy. Batteries can be reused, recycled, and remanufactured – reducing waste, cutting emissions, and preserving valuable resources.

Whether you’re an individual exploring salary sacrifice options or a business considering fleet electrification, the facts are clear: electric vehicles are cleaner, greener, and smarter – from the moment they’re built to long after they’ve left the road.

Autumn Budget 2025: 3p per mile for EVs from 2028 announced

Autumn Budget 2025 - EV drivers to pay 3p per mile from 2028

Rachel Reeves’ Autumn Statement has officially announced the expected 3p per mile for EV drivers tax, and 1.5p per mile for hybrid drivers from 2028.

In the past few weeks, there has been speculation that this new tax will be introduced, and it has caused concern for many EV drivers.

Electric vehicles have always benefitted from the lowest tax rates, with the UK Government aiming to encourage uptake. However, as the number of EVs on the road increases, a widening hole in HM Treasury’s car tax income has prompted law makers to address the situation.

One solution – since electricity is not taxed as a fuel in the same way as petrol or diesel – is for EV drivers to pay a set price per mile driven. This aims to combat the expected £30 billion gap in public finances by the end of the current government, but will consequently add around £250 per year to the average cost of running an EV.

Projections suggest that this new tax will raise approximately £1.4 billion annually by the start of the next decade, when a ban on new petrol and diesel cars is set to come in. Much will depend on how the proposed charging system is rolled out but, regardless of implementation, a 3p per mile EV tax still sees electric cars work out cheaper to run than petrol and diesel.

Our CEO, Lash Saranna, explains: “Working on the average mileage of an EV driver, even with pay per mile pricing, driving an electric car is still far more cost effective than petrol or diesel. Opting for the salary sacrifice route makes the comparison even wider. Indeed, depending on the tax rate of the employee and the model chosen, drivers could save more than £250 in a single month, compared to more conventional leasing options.”

Lash continues: “It’s important to note that, despite headlines spreading fear and uncertainty, once you run the numbers, it remains considerably cheaper to get behind the wheel of a new or used EV through salary sacrifice.”

The transition to electric is happening, and while the tax landscape is evolving, the financial case for EVs remains strong. Whether you’re looking to reduce your carbon footprint or simply save money on running costs, electric vehicles – particularly through salary sacrifice – continue to offer exceptional value.

See our handy table to show how much EV drivers will be paying from April 2028, based on annual milage. 

Annual Milage
Annual EV Tax
Monthly Equivalent
8,000
£240
£20
10,000
£300
£25
12,000
£360
£30

As Featured In the BBC

Our co-founder Charnjit Saranna has been featured in the BBC news talking about the new pay-per-mile tax. 

Read it here >>

Which Salary Sacrifice Provider Is Best For Your Business?

If it’s time to review your salary sacrifice scheme, you’re not alone. Many businesses are currently assessing their providers to ensure they’re getting the best value, service, and support for their teams.

The good news is that the EV salary sacrifice market has matured significantly, with multiple established providers now offering compelling packages. But not all schemes are created equal, and the right choice for your business depends on several critical factors.

Whether you’re considering a switch or simply evaluating your options, this guide will help you understand what to look for – and how the leading providers stack up.

Before diving into the comparison, it’s worth understanding why so many employers review their schemes from time to time:

  • Budget planning cycles: Many businesses align their benefits reviews with financial year planning.
  • Contract renewal periods: Initial agreements often run for 12-24 months.
  • Market evolution: The salary sacrifice landscape has changed rapidly, with new features and more competitive pricing.
  • Employee feedback: Your team’s experience over the past year may highlight areas for improvement.
  • Sustainability reporting: Q4/Q1 is when many companies assess progress towards net zero goals.

If any of these resonate, it’s the perfect time to evaluate whether your current provider is still the best fit.

When reviewing providers, keep these essential criteria in mind:

1. Cost Savings & Transparency

The whole point of salary sacrifice is to save money for both employers and employees. Look for providers who:

  • Offer genuine tax savings (typically 20-50% for employees)
  • Provide transparent pricing with no hidden fees
  • Demonstrate cost-neutrality for employers through NIC savings
  • Show clear examples of monthly costs and savings

2. Vehicle Choice & Availability

Your employees have diverse needs, so vehicle selection matters. Consider:

  • Range of models available (budget to premium)
  • Access to both new and used EVs
  • Delivery timescales
  • Ability to source vehicles quickly

3. Contract Flexibility

Business needs change. Prioritise providers offering:

  • Flexible contract terms (short to long-term options)
  • Fair early termination protection
  • Options for employees who leave or face life changes
  • Scalability as your workforce grows

4. All-Inclusive Packages

The best schemes bundle everything into one predictable monthly cost:

  • Comprehensive insurance
  • Maintenance and servicing
  • Road tax and MOT
  • Breakdown cover
  • Tyre replacements

5. Customer Service & Support

This is often the differentiator. Look for:

  • Responsive, accessible support teams
  • Dedicated account management
  • Easy-to-navigate platforms
  • Positive reviews and testimonials

6. Administrative Ease

Your HR and payroll teams shouldn’t be burdened with complexity. Seek providers who:

  • Handle setup and onboarding seamlessly
  • Manage ongoing administration
  • Provide clear reporting
  • Offer employer protection from financial risk

Let’s examine how the major players in the UK salary sacrifice market compare across these criteria.

EZOO

Best for: Businesses seeking the widest range of vehicles, flexible terms, and personalised service.

At EZOO, we’ve built a strong reputation as a business that combines the personal touch of a smaller provider with the competitive pricing and vehicle range of larger competitors.

Our focus on offering the widest range of new and used EVs sets us apart -from budget-friendly options to luxury models, we provide something for all budgets and lifestyles, whilst maintaining affordability through genuinely flexible contract options.

Key Features:

  • Ultra-flexible terms: From just 3 months to 4 years – the shortest contracts in the UK.
  • Large range of vehicles: Extensive range from affordable models like the Nissan Leaf to luxury options, including Tesla, Mercedes, and BMW.
  • Multiple leasing providers: We work with multiple leasing partners to secure the best deals and most competitive pricing for your employees.
  • All-inclusive packages: Insurance, maintenance, road tax, 24/7 breakdown cover, and servicing included.
  • Comprehensive employer protection: Full protection from 3 months, safeguarding your business.
  • Fast delivery: Vehicles available in as little as 7 days when supplied from our own fleet.
  • Home charger financing: Add a home charger to your salary sacrifice monthly payment – no large upfront costs, making home charging more accessible.
  • OVO Charge partnership: Employees receive 10% off public charging for 12 months.
  • Personalised employee portal: Employees can input their salary and view real-time prices based on their chosen term and model, giving them the flexibility to find the best deal for their circumstances.
  • Cost savings: Up to 60% savings compared to traditional leasing.
  • Transparent pricing: No hidden costs or surprise fees.
  • Dedicated service: We are a small, dedicated team. No call centres here!

Best suited for: Companies valuing flexibility and businesses wanting a more personalised, hands-on approach.

Notable: EZOO’s combination of short-term flexibility with extensive vehicle access is unique in the market. Our business car leasing service extends beyond salary sacrifice to include fleet subscriptions starting from 3 months.

Love Electric

Best for: Sustainability-focused businesses and those prioritising ethical practices.

Love Electric has positioned itself as a purpose-driven provider, achieving B-Corp status and pledging 10% of profits to decarbonisation initiatives. They offer both new and used EVs through their innovative “Reloved” programme.

Key Features:

  • New and used EVs: Unique “Reloved” marketplace offering quality-assured used EVs at lower monthly costs.
  • B-Corp certified: Demonstrates commitment to social and environmental responsibility.
  • Flexible contracts: 12-month minimum term with cancellation after 3 months (subject to one-month fee).
  • Transparent pricing: 3% administration fee (around £20/month per car), deducted from employer NIC savings.
  • Wide availability: Access to over 300 dealers.
  • Fast setup: Can be operational in as little as 7 days.

Considerations: Limited to businesses operational for at least one year and generating profits (over £500k net worth), with 20+ employees. No phone support – customer service is email-only.

Best suited for: Established businesses with strong sustainability goals, and those seeking access to used EVs for more budget-conscious employees.

The Electric Car Scheme (ECS)

Best for: Businesses of all sizes seeking comprehensive protection and market-leading features.

The Electric Car Scheme has established itself as one of the UK’s largest and most trusted providers, with a strong focus on making salary sacrifice accessible to businesses of all sizes – including those with fewer than 250 employees.

Key Features:

  • Complete employer protection: Zero financial risk from day one, with no caps on fleet size or vehicle value.
  • Public charging benefits: Partnership with OVO offering 6,000 free miles and smart charging at 7p per kWh.
  • Workplace charging scheme: Charging costs can be included in salary sacrifice payments.
  • Comprehensive packages: Insurance, maintenance, servicing, breakdown cover all included.
  • Flexible termination: Fair early termination policies for life events.

Best suited for: Businesses wanting maximum protection and those with employees who rely heavily on public charging. Particularly strong for companies with workplace charging infrastructure.

Octopus EV

Best for: Businesses wanting integrated energy solutions and comprehensive charging benefits.

Octopus EV leverages its parent company’s energy expertise to offer a truly integrated EV ecosystem. They’ve become synonymous with the all-in-one EV experience, combining vehicles, charging infrastructure, and energy tariffs.

Key Features:

  • Exclusive energy tariff: Intelligent Octopus Go EV Saver offering 7p per kWh off-peak charging.
  • Nearly new EVs: Refurbished vehicles under 18 months old with less than 15,000 miles.
  • Early termination protection: Day 1 protection for major life events; 3-month notice period for employment changes.

Considerations: Early termination protection capped at 10 vehicles or 10% of fleet annually (whichever is greater). They own their vehicles, which may limit pricing competitiveness compared to providers working with multiple funders. Minimum 24-month terms.

Best suited for: Businesses whose employees charge at home, companies wanting integrated energy solutions, and those prioritising the complete charging experience.

Before making your decision, ensure you get clear answers to these questions:

  1. What are the true monthly costs for employees at different salary levels?
  2. How long is the minimum contract term, and what flexibility exists?
  3. What happens if an employee leaves, faces long-term illness, or experiences other life changes?
  4. How quickly can vehicles be delivered?
  5. What’s included in the monthly fee, and are there any hidden costs?
  6. What level of customer support can we expect?
  7. How is the setup process managed, and what support do you provide our HR/payroll teams?
  8. Do you offer both new and used EVs?
  9. What charging benefits or partnerships do you provide?
  10. Can you demonstrate cost savings with real examples from similar businesses?

If you decide to change providers, the process is typically straightforward:

  1. Research and comparison: Use this guide to shortlist providers (2-4 weeks)
  2. Initial consultations: Speak with providers to understand their offerings (1-2 weeks)
  3. Proposal review: Receive detailed proposals and pricing (1 week)
  4. Internal decision: Present options to stakeholders and make a decision (1-2 weeks)
  5. Contract transition: Work with your new provider on smooth handover (timing varies)
  6. Employee communication: Launch the new scheme to your team

Most providers, including EZOO, will manage the bulk of the administrative work, making the transition as seamless as possible.

If you’re currently with another provider and want to explore what EZOO can offer, we’re here to help. Our team can provide:

  • Transparent pricing comparisons
  • Detailed proposals tailored to your business
  • Examples of savings for employees at different salary levels
  • Support throughout the transition process

With the shortest contract terms in the UK, extensive EV lease deals, and a genuine commitment to customer service, EZOO offers a compelling alternative – or an ideal first choice if you’re setting up a scheme for the first time.

What Is the Best Electric Car to Lease?

With the UK’s shift towards electric vehicles accelerating and electric car lease deals becoming increasingly attractive, one question keeps coming up: what’s the best electric car to lease?

The honest answer? There isn’t a single “best” EV for everyone. The right choice depends entirely on your needs, budget, driving habits, and lifestyle. But that doesn’t mean we can’t help you find the perfect match.

Before diving into specific models, it’s worth understanding why leasing has become such a popular way to drive electric.

Unlike buying, leasing means you’re not locked into a depreciating asset. You get access to the latest technology, all-inclusive servicing, insurance, and breakdown cover – and when your term ends, you simply hand the keys back and upgrade to something newer.

It’s hassle-free, tax-efficient, and ideal for anyone who wants to drive a modern EV without the long-term commitment or upfront costs.

When choosing an EV to lease, focus on these key factors:

  • Range: How far can you travel on a single charge? For most UK drivers, 200+ miles is plenty for daily use. If you regularly take longer trips, look for models offering 300+ miles.
  • Charging speed: Can the car rapid charge? This matters if you’re planning motorway journeys or don’t have home charging. Look for EVs that support 100kW+ charging speeds.
  • Running costs: Are electric cars better for the environment? Absolutely – and they’re cheaper to run too. No road tax, lower servicing costs, and significantly reduced “fuel” expenses all add up.
  • Practicality: Does it fit your lifestyle? Consider boot space, seating capacity, and interior tech. A compact city car won’t suit a family of five, and a large SUV might be overkill for solo commuters.
  • Benefit-in-Kind (BiK) tax: For company car drivers, this is crucial. Fully electric cars currently sit at just 3% BiK, making them incredibly tax-efficient compared to petrol or diesel alternatives.

Here’s a closer look at some standout models across different categories:

Best for Affordability: MG4

The MG4 has quickly become one of the UK’s most popular electric cars – and for good reason. It offers an impressive real-world range of up to 281 miles, rapid charging capability, and a spacious, modern interior, all at a price point that won’t break the bank.

For drivers who want a reliable, practical EV without paying premium prices, the MG4 is hard to beat. It’s perfect for commuters, small families, and anyone stepping into electric for the first time.

Best for Families: Kia EV9

If space is your priority, the Kia EV9 is a game-changer. This three-row, seven-seater SUV combines luxury, practicality, and an impressive range of up to 349 miles. With cutting-edge tech, a refined ride, and enough room for the whole family (plus luggage), it’s ideal for those who need a genuinely versatile vehicle.

Best for Performance: Tesla Model 3

Tesla remains the benchmark for electric performance and technology. The Model 3 offers blistering acceleration, a minimalist interior dominated by a central touchscreen, and access to Tesla’s expansive Supercharger network – one of the fastest and most reliable charging infrastructures in the UK.

With a range of up to 374 miles and over-the-air software updates that keep improving the car long after delivery, the Model 3 is perfect for tech-savvy drivers who want cutting-edge innovation.

Best for Luxury: Mercedes-Benz EQE

For those seeking premium comfort and refinement, the Mercedes-Benz EQE is a superb choice. It combines elegant design, a high-quality interior, advanced driver assistance systems, and a smooth, whisper-quiet ride.

With a range of around 394 miles and rapid charging capabilities, the EQE proves that going electric doesn’t mean compromising on luxury. It’s ideal for executives, long-distance commuters, and anyone who values comfort and prestige.

Best for City Driving: Mini Electric

Compact, stylish, and great fun to drive, the Mini Electric is perfectly suited to urban life. Its smaller battery means a range of around 145 miles – more than enough for city commutes and local errands – and its nippy handling makes navigating tight streets a breeze.

If you rarely venture beyond city limits and want something characterful and efficient, the Mini Electric is an excellent choice.

Best All-Rounder: Volkswagen ID.4

The VW ID.4 strikes a brilliant balance between price, range, space, and tech. With up to 326 miles of range, a roomy interior, and a comfortable driving experience, it ticks nearly every box for the average driver.

It’s not the flashiest or the fastest, but it’s dependable, practical, and easy to live with – which is exactly what most people need from an electric car.

For businesses looking to electrify their fleet, leasing offers a straightforward, cost-effective solution. Through EZOO’s business car leasing options, companies can access flexible terms starting from just three months, with fast delivery and fully inclusive pricing.

Many businesses are also exploring salary sacrifice schemes, which allow staff to drive brand-new EVs whilst saving significant amounts on tax and National Insurance.

Ultimately, the best electric car to lease is the one that fits your life. Whether you prioritise affordability, space, performance, or luxury, there’s an EV out there that’s perfect for your needs.

With electric car lease deals through EZOO, you’ll get access to the UK’s widest range of electric vehicles, all-inclusive pricing, and expert support from start to finish. No upfront costs, no hidden fees – just a straightforward, hassle-free way to drive the latest electric cars.

Helpful Guide: Is electric vehicle insurance more expensive? It can be – but when bundled into a salary sacrifice lease, you won’t need to worry about it separately.