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Electric car leasing

Find the best electric car leasing deals for you

  • Compare a range of electric car lease deals with our partner Moneyshake

  • Enjoy free home delivery, road tax and warranty of your new car

  • Apply in minutes

What is electric car leasing?

Electric car leasing is a type of car finance that is essentially a long-term rental of an EV (electric vehicle).  

You sign a contract to pay a monthly fee, which gets you full use of an electric car for a fixed timeframe – normally between two and four years. When the contract ends, you return your EV to the car leasing company – as long as you’ve stuck to the terms of the contract you won’t have to pay anything else.

A guide to electric car charging

How does electric car leasing work?

Electric car leasing allows you to drive a brand-new EV by making fixed monthly payments. Here’s how it works:

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    Choose an EV

    Select the type of electric car you’d like to lease. Use filters, such as battery range, model and mileage, to choose an electric car that matches your needs.

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    Pay an upfront fee

    Agree an upfront payment, usually equivalent to a number of months rental (for example, 12 months rental). This is a non-refundable amount that goes against your monthly lease payments.

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    Agree on lease length and annual mileage

    Decide how long you want the electric car lease agreement to be. You will also need to decide how much mileage you’re likely to cover. A higher estimated mileage will bump up your monthly payments.

What are the pros and cons of leasing an electric car? 

Leasing an electric car comes with advantages and disadvantages, including:

  • Pros

    • Access to the latest model of electric car every few years, which might otherwise be too expensive

    • Fixed monthly payments to spread the cost

    • Electric lease cars are usually brand new and covered by the manufacturer’s warranty

  • Cons

    • No option to own the car at the end of the lease period

    • Any modifications to the car must be reversible and approved by the leasing provider first 

    • You will need to keep the car in good condition, reflecting ‘fair use’ and stick to your agreed annual mileage, otherwise, supplementary charges could apply

Why compare electric car leasing with MoneySuperMarket

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    It’s quick and easy

    We’ll show the latest electric car deals, with all key information highlighted so you can choose a car which suits you.

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    Refine your search

    You can find an electric car that’s best suited to your needs by refining your search depending on a range of preferences, such as your monthly budget or mileage.

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    Delivered to your door

    Once you’ve found your deal, your new electric car will be delivered free of charge, with road tax and full manufacturer warranty included.

How to choose the best electric car leasing deal?

If you’re ready to make the switch to an electric car, here are some tips to steer you in the right direction when looking for leasing deals:

  • Figure out a budget

    Pay as much as you can afford upfront while saving enough to cover the monthly payments, and remember to factor in running costs like charging and insurance

  • Choose the right electric car

    There are plenty of EVs on the market, so make sure you pick a car that suits your needs, whether that’s range for long commutes, space for family trips, or advanced tech and safety features

  • Decide on lease length and mileage

    Choose a contract length and annual mileage that suits your driving style, and try to give accurate mileage estimates – going over can mean steep charges, but overestimating could leave you paying more than you need

  • Shop around

    Don’t just settle on the first EV you see, compare a wide range of electric car leasing deals with our partner Moneyshake, who regularly have special offers on top makes and models

What is the cheapest electric car to lease?

The following table shows a collection of electric cars to lease with MoneySuperMarket through our partner Moneyshake*. All vehicles are based on 12 months initial rental, 48-month contracts and 5,000 annual mileage.*

EV make and model

Cost per month

Total cost (inc. fees)

Dacia Spring

£130

£8,075

Leapmotor T03

£164

£9,972

Citroen Ami

£168

£10,279

Hyundai Inster

£182

£11,093

Renault 5

£194

£11,714

Is it cheaper to lease or finance an electric car?

Figuring out if it’ll be cheaper to lease or finance an electric car will depend on the EV and the finance deal you choose. Leased cars tend to be brand new, so leasing an EV can be a more affordable way to drive the latest electric car when you compare it to buying through a finance plan.

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What are the alternatives to leasing an electric car?

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    Personal Contract Purchase (PCP)

    A PCP deal lets you drive a new electric car with lower monthly payments than traditional finance. At the end of the term, you can either hand it back, trade it in for a new model, or pay the balloon payment to keep the car.

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    Hire Purchase (HP)

    With HP you’ll pay a deposit, then spread the remaining cost of your EV in fixed monthly instalments. Once the final payment is made, the car is yours. It’s straightforward, but monthly payments are usually higher than PCP because you’re paying off the full value of the car.

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    Car loan

    A personal loan could give you the funds to buy an electric car outright, while spreading the cost into manageable repayments. You’ll own the vehicle from the start, which means no mileage limits or restrictions. Just make sure the interest rate makes it a cost-effective option.

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    Buying outright

    If you can afford the upfront cost, buying your electric car outright means you’ll own it from day one with no monthly commitments. While it’s the most expensive option, it can save you money in the long run, and businesses may benefit from attractive tax breaks.

Our expert says…

Leasing an electric car can be a smart way to enjoy the latest models without the hefty upfront cost or worries about resale value. It’s flexible and often comes with lower monthly payments than buying. Just watch out for mileage limits, wear-and-tear charges and make sure the lease length suits your driving needs.

Tim Heming Personal Finance Expert

Compare electric car leasing with MoneySuperMarket

It’s easy to compare electric car leasing deals with MoneySuperMarket. We’ve teamed up with Moneyshake to bring you the best electric car finance deals on the market from 23 leasing companies.

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    Personal or business lease

    Let us know what the lease is for, refining your search depending on your monthly budget, preferred contract term, anticipated mileage, make and model of car.

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    Compare quotes

    We’ll help you compare a range of different electric car leasing deals and quotes, so you can find the perfect leasing option for your needs.

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    Apply and receive your EV

    Click through to apply for your new electric car lease. Your EV will be delivered, including free road tax, warranty and home delivery.

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Learn more about leasing electric vehicles

Who is Moneyshake?

MoneySuperMarket’s leasing partner, Moneyshake, is a leading UK-based online platform revolutionising how consumers find new cars. It specialises in comparing personal and business car leasing deals, making it straightforward to find competitive offers for both individuals and companies.

By partnering with a wide network of trusted providers, Moneyshake uses innovative technology to simplify your search, ensuring you effortlessly compare the most competitive offers across all makes and models.

It provides transparent, easy-to-understand information, making the process of getting your next vehicle faster, simpler, and more affordable.

How long is a typical electric car lease deal?

You can lease a brand-new electric car from anywhere between 2-4 years.

What is the cheapest electric car to lease?

The cheapest electric car you can lease is the Citroen Ami, which is available from around £168 per month.*  

*All based on 12 months initial rental, 48 month contracts and 5,000 annual mileage

Where are the nearest charging points for my electric car?

You can find local charging points near you using free online services such as Zap-Map.

How far can I drive an electric car?

Most modern electric cars offer between 100 miles and 500+ miles of range when fully charged, depending on battery size, vehicle efficiency, aerodynamics, and weight, according to research from Mazda.

Type of EV

Range (approximate)

Small city EVs

100 miles, sometimes less

Mid-range family EVs (e.g. Leaf)

150–212 miles

Long-range / Premium EVs

300+ miles

Overall market average

100–500+ miles

Check what the real-world range is before you decide. Most electric car manufacturers only report the official WLTP (Worldwide Harmonised Light Vehicle Test Procedure) range, which tends to be carried out in unnatural conditions and can inflate range numbers.

What happens at the end of the lease term?

Once the lease term is over, provided you’ve stuck to the contract terms, you then return the car to the car leasing company without having to pay anything more.

Can I make customisations to my leased car?

Whether you’re allowed to make customisations to your leased vehicle will depend on the contract you’ve signed. Generally, you won’t be allowed to make customisations that leave permanent marks and damage.

Am I eligible for electric car leasing?

In order to be eligible for an electric car lease, you will need: 

  • A full UK driving licence 

  • To be at least 18 years old 

  • To have a good to excellent credit rating 

  • Be able to afford the monthly payments

How do I charge my electric car?

You can charge your electric car with a regular domestic three-pin socket or a dedicated home EV charger.

Can I cut my lease agreement early?

You may be able to but if you do, you should expect to pay a hefty early termination fee.

Reviewed on 17 Dec 2025 by