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Benefits of switching to an electric car

WBenefits of switching to an electric car
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    Cheaper fuel costsThe main benefit of driving an electric car is cheaper fuel; based on a mileage of 7800 per year; an electric vehicle would cost £460 annually, whereas petrol would cost £1300 – an £842 saving per year.
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    Easier to maintainElectric vehicles have less moving parts than traditional cars, so they’re easier to maintain. New technology like regenerative braking saves money on replacement brakes as they last longer.
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    Protect the environmentElectric cars emit fewer greenhouse gases and air pollutants over their life span than traditional cars, even when production and electric fuel are considered. If you’re concerned about keeping CO2 emissions to a minimum, electric is the way to go.
Benefits of switching to an electric car

What is electric car leasing?

What is electric car leasing?

Electric car leasing is a cost effective way to drive an eco friendly car. Electric or hybrid vehicles are often more expensive to buy than their diesel or petrol counterparts so leasing allows you to drive an electric car that might otherwise be out of reach.

EV leasing is appealing because of it's simplicity. You arrange your lease and then hand the vehicle back when your contract ends, freeing you from the responsibility of ownership, which gives you the flexibility to switch cars every few years.

Find your perfect electric vehicle today and benefit from lower fuel costs and reduced running costs. If you're looking for a business electric lease then you can also take advantage of some great incentives, including a lower BIK rate and the salary sacrifice scheme.

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What is electric car leasing?

Electric and hybrid car types

BEV Battery Electric Vehicle

Battery electric vehicles are powered by a large battery and an electric motor; meaning they’re 100% pure electric. They’re the cheapest to run and don’t emit any emissions.

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PHEV Plug-in Hybrid Electric Vehicle

Plug-in hybrid vehicles combine an electric plug-in battery and a traditional combustion engine, so they offer the best of both worlds. The car will use its electric supply first, before switching to fuel.

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HEVS Hybrid Electric Vehicle

Traditional hybrids also have a battery and combustion engine, but the battery is too small to be charged. You’ll get some power from the battery, but it won’t last long, and you’ll run on traditional fuel for the majority.

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The most cost-effective way to drive an electric car

What is salary sacrifice?

Interested in business electric car leasing? Start a Hippo salary sacrifice in your business to help you and your employees save on your next electric vehicle lease.

Save thousands
  • Green Tick Great perks for employees & employers
  • Green Tick The scheme is available to everyone
  • Green Tick No upfront fees or credit checks
  • Green Tick We’ll take care of all the paperwork
Save thousands

Electric leasing resources

The complete guide to electric car leasing

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Should I buy or lease an electric car?

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Electric car charging - everything you need to know

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Are electric cars better for the environment?

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Frequently asked questions.

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Leasing a car allows you to get behind the wheel of an electric car you love without the upfront costs! Simply agree on a payment plan that suits you, including how long you would like to lease for, which can be anywhere from 24 to 60 months. When your contract ends, you return the car, without having to worry about selling it or its depreciation. Check out our comprehensive guide to learn more about how car leasing works.

We offer many electric and hybrid cars for under £300 a month. We stock proven models like the Tesla Model 3 and Nissan Leaf and newer models like the Mercedes-Benz EQC and the MG4. All our cars are competitively priced and come with no deposit and bad credit options.

You can charge an electric car at home, either with a three-pin plug or an installed home charger. Alternatively you can use a public charging point; the advantage of charging points is that they charge faster and are safer to use. There are thousands of charging points in the UK, so running out of charge isn’t an issue.

It depends on what you want from your vehicle; leasing is ideal for those who are a little unsure about going electric by purchasing a car or if you like to switch cars every few years. Buying is better for people who want to own an asset and want to invest in their vehicle long-term.

The primary way electric cars benefit the environment is that they don’t emit any harmful gases into our air, keeping it cleaner. Traditional hybrid and plug-in hybrids will emit some harmful gases, but you can still minimise your carbon footprint.

Charging your car with electricity instead of petrol or diesel is cheaper, so it depends on what type of vehicle you have and how much you charge it. For example, a battery-electric vehicle (BEV) doesn’t take fuel so you’ll save money. A plug-in hybrid vehicle (PHEV) can save you money, but only if you minimise the car’s fuel use by charging your electric vehicle up regularly. However, with standard ranges of 20-40 miles, you’ll probably end up using some fuel. A traditional hybrid (HEV) won’t save you any money on fuel as you can’t charge the car up.

Also known as ‘range’, the length of a single charge will depend on the type of car, but at present, it’s between 100 and 200 miles. Some vehicles go above 200 miles per charge, such as the Tesla Model Y Long Range and the Hyundai Kona.

Why choose Hippo?

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    Knowledgeable account managersOur team can educate and guide you through the electric car leasing process.
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    Free 130-point inspectionAll used electric cars have to pass our rigorous 130-point check before we lease them.
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    Risk-free preapprovalOur preapproval application has no impact on your credit score and takes five minutes to complete
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    Clean and sanitised carsWe ensure all our cars are clean to prevent the spread of germs and bacteria.
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    Bad credit and no deposit optionsWe help people from diverse backgrounds, and you can lease without paying a penny for 30 days.
 
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