Leasing an electric or hybrid car: your complete guide
Leasing, or personal contract hire (PCH), is an easy way to get behind the wheel of a brand-new hybrid or electric car
Welcome to DrivingElectric's guide to leasing an electric or hybrid car in the UK. The times when people would raid their metaphorical piggy bank to pay for a car are long gone.
These days, finance is king, and while Personal Contract Purchase (or PCP for short) remains very popular, buyers are increasingly turning to leasing as a simpler and more affordable way to get a brand-new car on their driveway every two or three years.
There's no future value, balloon payment or interest rate to worry about: you simply make a fixed monthly payment every month for the duration of a set term and drive the car as if you own it – although you never do. Once the term is up, you simply hand the car back to the leasing firm, and can then start again with a new deal on a new car.
You are expected to keep the car in good condition, get it serviced when needed and stick to an agreed maximum yearly mileage, but once you're clear on these points from the outset and are happy the monthly payments fit your budget, there are few downsides to leasing.
For a more detailed breakdown of the process, read our explainer on how car leasing works, then check out our regularly updated rundowns of the best electric car lease deals and best hybrid-car lease deals on offer in the UK right now.
In This Review
- 1Intro - currently readingLeasing, or personal contract hire (PCH), is an easy way to get behind the wheel of a brand-new hybrid or electric car
- 2Leasing explainedLong-term car rental, otherwise known as car leasing or personal contract hire (PCH), is an increasingly popular way to purchase a car. Here's how it works
- 3Best electric car lease dealsElectric car leasing – aka Personal Contract Hire (PCH) or Business Contract Hire (BCH) – is becoming more popular in the UK. Here are some top deals from manufacturers and brokers
- 4Best hybrid car lease dealsThinking about leasing a hybrid car? We’ve rounded up the best hybrid lease deals from brokers and manufacturers
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