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Leasing an eV

No matter the lease, EVs save you loads. 

The 3 leasing amigos

Since the dawn of time there have been two main ways you'd lease a combustion car – a Personal Lease or a Company Car. For a Personal lease, you sort the lease, the insurance and a maintenance plan and then pay for it with your take-home pay. Simple.

For a Company Car, your company sorts the lease, insurance and maintenance. Also simple. The only thing you pay, is a Benefit-in-Kind (BIK) tax, which for a combustion car, can be as high as 35%. But for an electric car you skip paying BIK and instead save a mountain of cash.

But there is a new Electric Car option called “Salary Sacrifice”. It’s kind of a combination of a personal lease and a company car.

For Salary Sacrifice, your company leases the EV, but the employee pays for it with a monthly deduction from their pay check – before income tax and national insurance. This means you and the company save money because you’re paying less tax.  

Plus for all three options you save even more because you pay 75% less in fuel costs, and you pay no ULEZ or congestion charge. So read more below, drop us a note or just call our team on 020 8012 8190. They’ll calculate your savings, price up a lease for ya and answer any questions you have. 

Leasing with wevee

Lease with the UK's EV leasing experts

There are so many brilliant things about leasing and we're a bit obsessed with it (and electric cars obvs). So don't worry about being a leasing expert; we've got that covered. In fact, we started WeVee to help everyone see the benefits of electric cars and leasing them. So have a look at the different lease options below, and if you want more detail then check this out or just give us a call on 020 8012 8190.

  • Give us a call

    1. It starts with a chat
    Either send us a note or give us a call on 020 8012 8190 to get started. You might already have an EV in mind. You might not. Either way, our dedicated team can talk you through every benefit and feature, discuss what lease type is right for you, answer any questions, then configure you your perfect lease price.

  • Choose an EV lease

    2. Your lease your way
    EVs are our bread and butter. This means we have great relationships with all the UK's major lenders. Once you've picked a car we’ll contact all our lender mates to get you the best leasing options at the best rates – tailored to your exact needs. No huge upfront payments. No paying for mileage you don’t use. Just choose the term that you want.

  • Order your car

    3. Sign on the (electric) line
    Once you've decided on an EV and a lease, all it takes is an electronic signature and we’ll order your new car for you with a local dealership. We’ll follow, chase and manage the entire delivery process while keeping you up to date. At this point, if you do decide to cancel your order then there is a cancellation fee (as shown in the paperwork).

  • We'll get your EV to you

    4. Sit back and relax
    As soon as the final leasing agreement is signed and the order form submitted to your local dealership, we'll keep you up-to-date with delivery dates and represent you to the dealership to make sure everything runs smoothly. Then, we'll arrange for your new EV to be delivered to your door - whichever door you choose.
Option 1: salary sacrifice

The EV lease where everyone wins

Salary sacrifice is a game-changer. A kind of Personal-Lease-Company-Car combo, your company leases the EV but then you pay for it. This lease payment is taken directly from your salary, pre-income tax and NI. Which means you – and the company – save money as you're paying less tax. It's just brilliant.

If you're an employer, you can offer this as an electric car benefit to your employees. And if you're an employee, show your employer this page to persuade 'em it's a great idea. Especially as it doesn't cost 'em a thing to set up. So give us a call on 020 8012 8190 or drop us a note and we can calculate how much you can save on your electric car lease.

  • Employers

    It's super simple
    Offering salary sacrifice as a benefit couldn't be easier. We'll organise the cars, arrange the best lease deal for every employee and roll out the scheme within your company. We'll even guide you through the paperwork. All you gotta do is put up with all the pats on the back.

  • Employees

    Pay less tax? Yes please
    Salary sacrifice is the most affordable way to enjoy a new EV. As payment for your EV lease, insurance and maintenance is taken directly from your salary – pre-tax – you'll pay tax on a lesser portion of your salary. Which means paying less tax. This is salary sacrifice. And we bloody love it.

  • community

    It's good for everyone

    By encouraging your employees to get an EV, you'll not only be delivering on your ESG promises but you'll also drive home your brand values. It shows that you care about your employees, and it also shows the wider community that you care about your impact on the environment.
Option 2: Company car

0% BIK just revived the company car

If you're lucky enough to be offered a company car, you're not so lucky if it's a combustion one. While your company might be paying for the lease, insurance and maintenance, you're liable for paying BIK (Benefit-in-Kind) tax. This can be up to 35% depending on the emission status of the car, and is calculated on your salary and the car's value too. But for an electric vehicle, BIK is currently 1% (rising to 2% April 2022). Lovely. 

Start looking at some EV's, request a quote on a couple or just give us a call on 020 8012 8190.

  • 1% BIK tax

    Why EVs love BIK
    When it comes to paying BIK tax on a company car, it's calculated on the retail price of the car (P11D), the personal tax bracket of the employee and the vehicle's environmental impact. But for electric vehicles, it's simple: the BIK tax rate is 1% (rising to 2% April 2022). And that's because they're emission-free. Nice one.

  • Savings

    Save a boat-load
    When you combine 1% BIK with your tax saving from paying for the lease via salary sacrifice – it's a bit of a no-brainer. Plus, EVs cost less to maintain, you'll save c.75% in fuel costs, you don't have to pay any road tax, and you can even drive through a Congestion charge zone and the growing number of ULEZ zones for free.

  • Future-proof

    Invest in your future
    By leasing an EV through your company you're helping to invest in both of your futures. Now more than ever companies are having to deliver on their ESG promises, and you can lower your overall carbon footprint while you help lower theirs. And, you'll help drive for greater electric infrastructure right when it's needed.
Option 3: Personal

Electric car savings for all

If you're going it alone with your electric car lease, we gotcha. A PCH personal lease gives you total control over your lease terms, like annual mileage and upfront payment. We can help you figure out which electric car is best for you, calculate the best terms for your financial situation, and then get you the best darn lease deal on the market. Cos that's what we do. Give us a call on 020 8012 8190 or drop us a note to get started.

  • Savings

    Save yer money
    One of the biggest benefits of a Personal Lease is that you'll spend less on driving; – around 1/3 of the cost of driving a combustion car. Save on every mile with with a mix of fuel savings, no road tax, teeny maintenance costs and no Congestion Charge or ULEZ fees. Sweet!

  • Take control

    Your lease your way
    We can help calculate the perfect Personal Lease price for you. Choose your annual mileage, lease term and upfront cost, then we'll get a bespoke quote for you. What's more, you can get an idea of what terms suit you by playing with the lease price slider on all our vehicle pages.

  • Drive infrastructure

    Be an early adopter
    By taking out a Personal Lease on an electric car now, you'll be among the early adopters of the next-generation of driving. You'll help push for more EV infrastructure like charging points, and you'll be a champion in your community for helping reduce pollution.
Next steps

Cool, so what next?

So you've had a peek at some cars, learned a few EV facts and you're ready to take the plunge. Or, you're still a bit lost and not sure what to do next. Either way, we've got a super-friendly team of EV nerds ready to help.

  • EV experts

    Tell us what you wanna know
    We don’t care if you send us a list of bullet-points, a haiku or even a question you scribbled on the back of your hand. All we care about is that you tell us what you need or what you want to know. All we lease are EVs, so we really know our stuff. Drop us a note to ask us any question, and we’ll help you figure it all out.

    Drop us a note

  • Get more info

    Calculate your savings

    If you’re not ready to take the plunge and want a bit more info, give us a call on 020 8012 8190 and we can help calculate how much you can save with an EV; whether that’s taking advantage of a company car lease with 0% BIK, or getting a great personal lease too. We can even calculate your fuel savings.

    Call us on 020 8012 8190

  • Get an EV

    Configure your lease quote
    If you’re happy with all this EV schtuff and want to get straight to the numbers, here we are. Pop us a note or give us a call on 020 8012 8190 and tell us which EVs you like the look of. We’ll calculate your bespoke savings on a business or personal lease, and see if salary sacrifice could work for you. Let’s get started.

    Find your EV

Our whip-smart team will be in touch quicker than Elon Musk could say "Let's colonize Mars!"

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