EV charger FAQs
Are electric cars cheaper to lease?
As electric cars contain newer, more sophisticated technology than internal-combustion engines, leasing electric cars is a little more expensive than like-for-like petrol or diesel models. However,
that’s not to say that leasing EVs is expensive. The cost of EVs is also coming down all the time and price parity is expected within the next year or so.
The electric version of the popular Vauxhall Corsa is available for around £200 per month compared to around £125 per month to lease the entry-level petrol version and that’s before you’ve factored in the reduced fuel costs.
While upfront electric car costs can be more expensive, this is offset by cheaper day-to-day running costs when charging an EV at home and the less frequent and lower servicing costs.
Depending on the electric car you choose and when and where you charge it, it may cost anywhere from £2-4, during off peak hours, up to £18 for large batteries during peak times.
However, if you usually spend, for example, £200 per month on petrol then you may find yourself saving a significant amount of money on fuel which you could instead put towards your monthly
lease costs allowing you to afford a larger or more premium electric car.
How to save money on EV leasing
Electric vehicles offer outstanding value over the long-term and can give drivers a cheaper and more efficient way of getting around.
As the choice of electric cars to lease continues to increase, so to do the number of leasing offers on all makes and models of EVs. So whether you’re looking for a Tesla Model 3 lease,
a Hyundai Ioniq lease or a Volkswagen ID.3 lease, we’ve got you covered.
Electric vehicle home charging
If you are looking to lease an electric car one of the biggest factors is ensuring that you are able to charge the EV easily and inexpensively.
We’ve partnered with Rightcharge – an EV charger comparison website – to help you find and
compare home chargers for electric cars. After selecting your make and model of car, compare the features of the available chargers to understand which one is right for you.
As well as providing information on the cost of EV charger installation in your local area, Rightcharge also shows you reviews and booking details. To find and compare eligible chargers and then book your installation,
simply click on the link below.
Book your charger installation
Saving money with your home EV charger
In addition to saving on your home EV charger cost and installation, you can also make savings by utilising the features of certain home chargers.
By comparing installation costs in your local area with Rightcharge, you can make sure that there are no unnecessary fees associated with your charger installation and you get the best deal on your installation.
You can find your vehicle and request a no obligation quote from Government-approved installers.
Most home EV chargers are now equipped with smart charging features. These enable you to take advantage of the cheapest electricity prices on your tariff.
By charging your electric vehicle overnight or during weekend off-peak hours, you can make savings of up to 10p per kWh on some tariffs, designed specifically for owners of electric cars.
While this may not sound a lot, when you consider the Tesla Model S 100D has a battery size of 100 kWH, you can potentially save as much as £10 per charge.
As we mentioned above the electricity tariff you are on can make a big difference. So, as with all household bills, it pays to shop around. Going for the cheapest off-peak tariff could be an option for most EV owners, but its also worth considering where you will be keeping the car.
Will you be charging the car mainly at home or does your workplace have options to keep your car charging during work hours?
Do you work irregular hours which mean that you are unlikely to be home during standard off peak hours? If so then selecting an overall lower price tariff during peak hours may be the way to go.
How to pick the right EV?
Choosing the right EV will depend on your budget, your preferred body style, driving style and tastes. The availability of electric vehicles available in the UK continues to grow,
and with tens of new models and variants confirmed for the coming years, motorists will soon be spoilt for choice. As well as established electric car manufacturers such as Tesla,
new EV manufacturers such as Polestar and Volkswagen’s dedicated EV brand, ID, are helping to bring electric car lease deals to the mainstream.
There are three types of electric vehicle on the market:
Battery electric vehicles (BEVs): also known as pure electric cars, are the cleanest cars on the road and generally powered entirely by a rechargeable electric battery. BEV drivers can charge their car at home or at one of the UK’s growing number of public chargepoints.
Hybrid electric vehicles (HEVs): a hybrid car uses more than one source of power. A HEV typically combines an electric battery with a conventional petrol or diesel engine. The engine will usually also charge the electric battery meaning that you do not have to manually recharge the battery, although the battery range in hybrid cars may be limited.
Plug-in hybrid electric vehicles (PHEVs): a plug-in hybrid car combines a battery and electrical motor with an economical petrol or diesel engine. The electric battery is typically used on shorter journeys only before the conventional engine kicks in during longer journeys. However, because the electric battery can be plugged-in and recharged at home or public chargepoints between trips, the electric range of plug-ins is often longer than hybrid cars.
Here at Leasing.com we make searching and comparing leasing offers on BEV, hybrid and plug-in electric cars simple. Start your search here.
Do all electric cars use the same plug?
No, home chargers for electric vehicles will use what is known as a ‘Type 1’ or ‘Type 2’ plug. Type 1 plugs are most commonly found on older electric vehicles and Type 2 plugs are found on all new EV models released after 2018.
Popular EVs that use a Type 1 plug:
Nissan Leaf (to 2017 model)
Mitsubishi Outlander PHEV
Popular EVs that use a Type 2 plug:
Nissan Leaf (2018)
An untethered charger (one that doesn’t come with a prefixed cable) is recommended to charge an EV at home if you drive a car that uses a Type 1 plug, as your next new car is likely to come with a Type 2 plug.
Not having a prefixed cable already attached to your charger will save you having to replace your entire charger when you change your car. An untethered charger is also recommended if your car has a Type 2 plug,
because of the increased flexibility it provides. Particularly with shorter term leasing deals, when you come to change or upgrade your electric car, you can easily upgrade to the latest plug type as technology advances.