Vauxhall Corsa electric lease deals

Leasing a Vauxhall Corsa-e in the UK

One of the biggest obstacles to leasing an electric car in the UK is often cost. Do all electric cars cost too much? This type of critique is not wholly unfounded as many of the first EVs to reach personal and business lease customers were prestige and luxury, with many having price tags of over £40,000.

The concern was that other manufacturers, like Ford, Peugeot and Vauxhall, would be slow to keep up with some of the leading manufacturers like Mercedes, Polestar and Tesla. But with Vauxhall now forming part of the Stellantis consortium, economies of scale for battery technology, production and design was made completely accessible. And in 2020, the ever-popular Corsa became available in a pure electric format for UK customers to buy or lease.

But is the Vauxhall Corsa-e desirable as an electric vehicle?

In 2022, the Corsa (including all engine formats) has been consistently the number one selling vehicle in the UK – finally removing the Ford Fiesta as the best-seller. By making the Corsa available in  a zero-emission option, you have the optimal car for those personal or business contract hire customers who have a more restricted budget (as at 2022 the Corsa still benefits from the UK Government’s Plug-In Grant of £1500). And no longer are the smaller hatchbacks a compromise vehicle either. The latest electric Corsa is available in a number specifications, none of which leave an e-car lease customer disappointed:

• SE Premium – 7” screen with navigation, 16” alloys, LED headlights, rear parking sensors, lane departure warning, climate control and Apple CarPlay/Android Auto;
• Griffin – 17” alloy wheels, LED interior lights, rear-view camera, Black roof and automatic lights;
• SRI Premium – 17” bi-colour alloys wheels, climate control, dark tinted windows, sports body styling and sports seats; and
• Elite Premium – 10” touchscreen, Intellilux LED matrix lights, front and rear parking sensors, heated front seats and steering wheel, keyless entry and start

So while the Corsa-e is an affordable EV with style and specification, can it deliver a positive experience on the battery / functional aspects?

The 50 kWh lithium-ion battery delivers between 125 – 170 miles of driving in colder climates on a full charge coupled with 160 – 265 miles in warmer weather. While an ideal low-mileage and city / urban solution, the Corsa will not be the most suitable of high-mileage company car options (particularly on motorway journeys).

But don’t be disappointed by the Corsa, the 8 second 0 - 62mph times from a 100 kW output plus a 93 mph top speed demonstrates just how exciting this smaller car is. But can a Corsa charge quickly enough? The 11 kW AC maximum allows for a 0 – 100% charge in just 5 hours, with the 101 kW DC maximum allowing for 25-minute rapid charging (from 10 – 80%).

But isn’t an electric Corsa-e just limited to business customers?

One of the key catalysts for the UK’s seismic growth in EVs is very much related to business leasing and salary sacrifice schemes. Driving a company car (or Sal Sac car) is not “free”. By this we mean that there is a tax consideration when you utilise a vehicle which is provided to you by your employer. Before agreeing to have a company car, the employee should use the vehicle’s value (P11d), their income tax bracket (20%, 40% or 45%) and the vehicle’s emissions (shown as g/km).

As an EV emits ZERO CO2 from its tailpipe, from April 2022, this means a 2% BiK for company car and salary sacrifice customers will apply. The conclusion is some considerable tax savings compared to petrol and diesel options. However, personal lease customers can equally enjoy a Corsa-e. Because contract hire is a usership product, there are no disposal issues or concerns around depreciation. A customer simply uses the vehicle for 2 – 4 years on a contract based around their mileage and with the ability to include maintenance (known as a funder-maintained contract), you have true fixed cost motoring.

Ready to lease your new Corsa-e hatchback from the e-car lease team?

The process couldn’t be easier with our expert team. Simply select the specification which meets your needs and requirements plus add any additional manufacturer options that you need for your EV. And don’t forget to utilise our industry leading tools for helping you, or the fleet team, understand the true facets of the Corsa-e.

By using our “Living with …” criteria you really do understand whether or not this new eco car is right for you. Send an enquiry to our team and expect a formal quotation to be sent within 2 hours (during business hours). Need more help? Just call our amazing team for assistance on 01942 910001.