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Electric and hybrid car leasing

Cars that help protect your wallet and the environment

Trustpilot 5 Stars
“Got a great deal on leasing an electric car through Hippo. They were very good at explaining the process.“

Electric cars are gaining popularity thanks to low running costs that don’t hurt your finances, and low emissions that don’t destroy the planet. 

The trend shows no signs of slowing, as EVs and hybrids technology continues to improve, and vehicles become more accessible.

Leasing is a sensible way to drive an environmentally-friendly car while saving cash in the long-run. 

And with the UK ban on new petrol and diesel cars coming in 2040, more manufacturers are prioritising their electric range. 

Discover everything you need to know about the electric car revolution before getting behind the wheel of an ecological car. The future is electric, will you be a part of it?

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Apply online in minutes ⏱️

Speed up the process of your car leasing journey and check your eligibility - with no impact on your credit score!

Apply Now

Apply online in minutes ⏱️

Speed up the process of your car leasing journey and check your eligibility - with no impact on your credit score!

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What is electric car leasing?

An EV or hybrid car lease is exactly like any other car lease contract. You agree a monthly payment plan on the vehicle of your choice, which is determined by your credit score. You can choose a contract length that suits you – from 24 to 60 months (two to five years).

You can also choose a finance type that includes contract hire, personal contract purchase (PCP), hire purchase or lease purchase, depending on what suits your needs best.

At Hippo Leasing, we go one step further to get you into the electric car of your choice as we’re able to find hybrid car and EV lease deals for drivers with bad credit, while we can also offer no deposit contracts.

Why lease an electric car?

Although the fact remains that the value of electric cars is a lot higher than that of conventional cars, the government is accelerating its bid to drive Britons into zero-emission electric vehicles.

The main benefit of leasing an electric vehicle instead of buying one is that you only pay for the depreciation of the car, so it is often more affordable. You also don’t have to worry about selling the vehicle at the end of your contract.

  • Lower risk of vehicle depreciation – as EV and hybrid tech gains more trust, depreciation is slowing.
  • Maintenance – hybrids and EVs have less moving parts, so they're less likely to need unexpected maintenance.
  • Improving range – as battery technology becomes more sophisticated, the range of batteries increases.

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Electric car leasing FAQs

Unlike petrol or diesel cars that run off a traditional internal combustion engine, electric cars are powered by electricity stored in a charged battery pack. This works to power the motor and turns the wheels.

Hybrids are a combination of the combustion engine and the electric motor – you can find hybrid cars that are charged by a plug, or hybrid where the petrol engine can charge the electric motor’s battery.

Your EV can be charged either through a mains socket, a specially-fitted home wall box, or at a public charging station.

You can get either a 3kW charger or a more expensive 7kW home charging station for your electric car. A 7kW charger will give a full charge in 3-4 hours, half the time it’d take than if using a 3kW unit.

Electric cars can plug into your home’s domestic 13 amp power supply. Although this takes much longer than using a dedicated charging point,most first-generation electric car buyers have generally charged their cars at home.

However, this is set to change with the increase of charging points in malls, workplaces and service stations. Using a public charger usually is the fastest and most rapid way to charge your car, with charging times generally taking only 30 minutes.

Despite electric cars being generally more expensive than petrol or diesel cars, their low running costs mean they’re still an attractive alternative. Battery power is substantially cheaper with lower fuel costs of £931 per year, in contrast to a steep average expense of £3,033 for a petrol-powered vehicle.

Maintenance costs are also much lower as the engines are simpler and help the car brake, saving on brake pads. In the UK, annual maintenance costs are 10% lower than for petrol or diesel cars.

Whether you lease petrol, diesel-electric or hybrid smaller, more compact cars will always be cheaper. Microcars like the Smart Fortwo and Renault Twingo are among the cheaper small cars. However, we can help find you a city car, hatchback or SUV that suits your budget.

We stock proven models like the Toyota Prius and Nissan Leaf, as well as newer models like the Mercedes-Benz EQC and the Audi e-tron. All our cars are competitively priced and come with no deposit and bad credit options.

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