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Business car leasing deals

With business car leasing, you’ll find suitable deals on high-performing EVs. Compare our business car leasing deals on 2, 3 or 4 year terms.

Your deal includes
Expert electric vehicle guidance
Free driven delivery to your door
Full manufacturer warranty
Supplied by a franchised dealer
Make the right choice with our EV tools

How does business car leasing work?

Ideal for companies of all sizes, business car leasing offers tax advantages, fixed monthly costs and flexibility. If you are a fleet manager, employee or director you can select a car, which meet your exact requirements.

You can set your own mileage (usually 5,000 - 30,000 per annum), initial rental (or deposit) and either include a maintenance or service package too.

Benefits of a business leasing deal

Affordable, bespoke lease offers

Create a customised leasing contract on an EV you love for an affordable, cost-effective leasing price.

Simple, hassle-free leasing

No need to stress with our straightforward leasing process that gives you the confidence to lease every 2 – 4 years.

Award-winning customer service

Our team go above and beyond to make sure you receive a solution that meets your needs and requirements.

How does leasing work for a company car?

Our straightfoward business car leasing process


Choose a car which fits your business needs from our top electric lease deals


Select your contract length, mileage, initial rental and mainteance to suit your needs


Talk to our business car leasing specialists and once approved, arrange delivery to your home or business premises


Who is business car leasing for?

Business car leasing is for a range of businesses. For sole traders and partnerships, as there is no separate legal entity, you are ultimately responsible. Many finance companies will require your annual turnover for the last trading year, annual cost of sales and annual expenses.

With a limited company (Ltd), the lease is between your company and the leasing company (known as lessor and lessee). Many finance companies will check your public records.


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What is business contract hire?

Business contract hire is an operating lease.

As the name suggests, this is a fixed contract between your business and a leasing company to use a new vehicle over 2, 3 or 4 years, with the understanding that the vehicle will be returned at the contract end.

Above all, contract hire is an alternative to purchasing an EV and is not a short-term solution like subscription and flexi-lease.

What is business PCP?

Business PCP (Personal Contract Purchase) car leasing is a vehicle financing option that allows businesses to lease cars with lower monthly payments and an initial deposit, covering the car's depreciation over a 2-4 year term.

At the end of the lease, businesses can choose to pay a final balloon payment to own the vehicle, return it, or trade it in for a new model. This flexible arrangement helps businesses manage cash flow efficiently while maintaining an up-to-date fleet, provided they adhere to mileage limits and vehicle condition requirements.

Pros and cons of business car leasing

If you are thinking car leasing, here are some important points to weigh up. 


Low initial rental (no deposit) options available – the initial rental is not a refundable deposit.

No depreciation concerns – contract hire and leasing is a usership product.

Cost certain –  if you include a funder-maintained package, then all the normal running costs of servicing, maintenance, tyres and breakdown are included for the duration.

Leasing is a tax efficient product – monthly rentals can be offset against taxable profit. If you are VAT registered, you can claim up to 50% of the finance rentals and 100% of the maintenance rentals.


You won't own the vehicle - this is not suitable for those businesses who wish to own a vehicle because contract hire and leasing is not an ownership product.

You will be charged for damage - this applies to any damage or issues that are not acceptable under the BVRLA’s Fair Wear and Tear Guide.

Excess mileage charges – if you go beyond the contract mileage maximum, your business will be charged.

Early termination charges – as leasing is a fixed term contract, if you want to change, upgrade or just return the vehicle then you have to undertake a set process.

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What are the different types of business car leasing?

There are three difference types of business car leasing that you should consider.

Finance Lease is an operating lease with accounting treated like contract hire. It involves a predetermined final rental/balloon paid to the finance company at the end. This allows customers to build equity in the vehicle and retain it when selling to a third party.

  • Pros include low initial deposit options, possible maintenance packages, VAT reclamation, flexible contract termination, and no damage/excess mileage charges.
  • Cons include market risks, potential car depreciation, and the obligation to sell to a third party (cannot purchase the vehicle).

Contract Purchase is a purchase-based agreement where the business makes payments towards vehicle ownership. It includes a guaranteed residual value/final payment, providing options to purchase the vehicle, return it, or refinance the final payment.

  • Pros: deductible purchase cost via capital allowances (100% for zero-emission EVs), flexible contract terms, possible funder-maintenance package, and contract end flexibility.
  • Cons: upfront VAT payment impacts cash flow, and some manufacturers offer lower discounts.

Hire Purchase is a common car finance option available for both new and used cars. It involves paying a deposit and fixed monthly payments over a contract period to own the vehicle (with an option to purchase fee).

  • Pros: fixed monthly payments, full cost claimed against tax exposure (100% for 0 g/km emission EVs), vehicle ownership at contract end, and flexible lending criteria for weaker accounts or credit.
  • Cons: requires significant deposits, higher monthly payments compared to leasing due to discounts and terms, and bears the risk of vehicle depreciation for the company.

Benefits of leasing an electric car for your business

Because electric cars are zero-emission, 100% of the rentals are allowable against tax.

For a car emitting 51g/km of CO2 (or higher), only 85% of the rentals are allowable - this is known as lease rental restriction or rental disallowance.

If you are VAT registered, you can claim up to 50% of the VAT on the finance element for a company car with private use, plus 100% of the VAT on any maintenance aspects of the rental. But note that for a car with CO2 emitting 51g/km of CO2 (or higher), the unreclaimed  VAT is restricted to 85% too.

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What happens at the end of your lease?

At the end of your lease the car is usually returned to the finance provider. For any companies concerned about the collection process, or standards, the industry ombudsman - the BVRLA - has put standards in place to regulate this. For more information visit the BVRLA returning your leased vehicle guide.

Electric Vehicle CertificateTM

“We’ve created the EVCTM, along with our expert partners, to provide you or the business with the key details required as part of choosing your perfect EV. Everything you need to know from the UK’s leading EV leasing broker in one place.”

- Rob King (MD)

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Frequently asked questions
See our guides See our guides
What is car leasing?
Car leasing is a cost-effective way to drive a new vehicle every 2 – 4 years. You don’t need to worry about the vehicle losing value and your tax and manufacturer warranty are all included in the monthly price you create in your contract hire. With car leasing, you are able to choose from a variety of affordable deals and create your own leasing terms.

What is electric car leasing?
The same as car leasing, but with a future-shaping electric model. With electric car leasing, you can drive a brand new, inexpensive EV while benefiting from cheaper running costs. It’s much cheaper to charge an electric than to fill a tank with fuel.

Why should I lease an electric car?
Not many options can top the intelligence behind leasing an EV. With electric car leasing, you’ll drive away with one of the best new electric models that give you excellent range and performance. You’ll benefit from the latest technology and an EV’s forward-thinking design, and you’ll also be contributing to a healthier, greener environment. Only wins with an electric car lease!

What is the cheapest electric car to lease?

At e-car lease, our cheapest, most affordable electric lease is currently the SEAT MII Electric Hatchback. It’s good to be aware that the cheapest deals change like the seasons, so we always make sure you are provided with the hottest offers and latest deals each week.

See the top 6 electric lease deals now under £200 here.

What are the benefits of electric car leasing?

Electric car leasing allows you to choose a deal most suited to you – one that fits your budget and has all the specs you are after. It gives you the opportunity to drive a brand new car every 2 – 4 years without having to worry about depreciation, and road tax and manufacturer warranty are all included in the monthly lease price.

With an EV lease, you will be able to reap the benefits of low running costs, superb range, and high-quality technology all for a low monthly price.

Should I buy or lease an electric car?
Buying an electric car can be the pricier option in comparison to leasing. However, the choice largely depends on what your main focus is. If you prefer to own a car and can afford the expenses of buying, then there’s no stopping you. But if you like driving a new car for a fixed monthly price – no extra fees or hidden payments included – then leasing is the perfect option for you.

What does a cheap electric car include in the UK?
The UK has a multitude of electric models for you to choose from. And when you lease with us, you will get full manufacturer warranty and road tax included in your contract hire price. You can also choose to add extras to your electric leasing package, including breakdown cover and servicing.

Is electric car leasing a good idea?

If you are looking to go green and like the sound of an electric car, you can be assured that leasing one is a good option. Not only will you be adding to a cleaner environment, but you will also benefit from:

• Low running costs
• A quiet, smooth drive
• Fantastic range and performance
• cheap monthly lease deals
• The option to drive a brand new EV every 2 – 4 years

Is a cheap electric car worth it?
A cheap electric car will still have the benefits of a more expensive model and will help you save money each month while cutting down on fuel emissions. With a cheap electric car, you can tour cities and towns without worrying about running costs or expensive servicing.

e-car lease work alongside these select finance companies:

Lex Autolease




e-car lease have a partnership and affiliation with:

Leasing Broker Federation
EVA England
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© Copyright 2024 e-car lease. All rights reserved. e-car lease is a trading name of CarLease (UK) Ltd, e-car lease is a credit broker and not a lender. We are authorised and regulated by the Financial Conduct Authority. Registered No: 706617. BVRLA Membership No. 1471. Registered in England & Wales with Company Number: 09312506 | Data Protection No: ZA088399 | VAT No: 200422089 | Registered Office: Kings Business Centre, Warrington Road, Leigh, Greater Manchester, WN7 3XG

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