Is No-Deposit Car Leasing available on a used-EV?

On a Used-EV car lease is No-Deposit available?

The growth of used-electric car lease schemes, or “re-lease” as they are referred to, are crucial to new cars like the Skoda Enyaq SUV pictured here. Confidence and stability are key to EV success in the UK, with various elements of our market now seeing vast improvements to modernise and up-skill those involved.

Only recently (12 June 2025) the JLR group announced that 50 new appointments would be made to ensure the resilience of the electric vehicle supply chain for their upcoming all-electric Range Rover. Looking at aspects like ethical standards, geopolitical manufacturing and impact plus changing technology, this team are looking to ensure that operations are handled with the upmost skill and quality.

With JLR investing around £20 million to ensure the next generation of luxury cars can be managed appropriately, this is not some after-thought or PR stunt. As the Range Rover brand moves through its life cycle and development, more investment will probably be required so that personal, business and salary sacrifice schemes can move into used-EVs.

As more ex-lease cars get transacted in our market, the questions and queries surrounding this approach will be raised. One of the common ones which the used specialists at e-car do get asked is the proposition of the deposit (or initial rental) as we would refer to it within the industry.

For usership (non-ownership style) products such as contract hire, we describe this as an Initial Rental whereas ownership style products, like personal contract purchase and hire purchase, will use the phrase Initial Payment. In either case, the amounts payable are NOT refundable deposits.

There really aren’t any finance products for electric cars or vans which allow for money to be returned after the end. Since our main product is contract hire, which we call leasing, the focus of this piece will be on this topic. Whether you find our used offer via e-car or our buy-it-now page , the position on the initial financial commitment is still pertinent.  The one we are exploring here, is the “no deposit” initial rental which you can access.

To explain, the no Initial Rental/Single Initial Rental is generally utilised for personal or customers with strong credit, as this is an opportunity to take a vehicle without any enhanced initial rentals or payments. When you select “1” in the Initial payment box you will see that the payment made in month 1, is equivalent to the amount paid throughout the contract.

Using a simplified example, if you see a deal advertised at £250 per month on a no Initial Rental basis, you would simply pay £250 in months 1 – 24 / 36 / 48. The overall cost will actually be similar to what you pay in the example where you make an initial rental of 3 / 6 / 9 or higher, as contract hire is not an interest-led product in the same way as other finance products.

Many businesses and salary sacrifice schemes adopt this, as they like to manage the cash flow and ensure that budgets are met. However, even personal lease customers are now pursuing more no-deposit leasing schemes as they become more attune to sensible financial practices. If you change your vehicle every 12 months to 35 months, do you really want to find a big deposit each time?

With the used-EV programme on offer, we include servicing, maintenance and tyres. The all-encompassing inclusion of these elements just minimises any capital outlays or expenditure. A customer simply needs to insure the vehicle comprehensively (which can be done on a monthly direct debit) and organise the charge point at home (which again can be paid for per month).

Affordability and running costs are a core component of the electric car transition, new or used, so employing these worthwhile strategies are crucial if we are to sustain the confidence building exercises we discussed right at the beginning of this article. 

Skoda, an EV powerhouse, will certainly be looking to benefit in both the new and used-EV sector too. While the group launched a new small SUV, the Elroq, their recently updated Enyaq still remains a big part of the UK’s automotive network.

Introducing the new Skoda Enyaq 210kW 85x Sportline 82kWh 4x4 5dr Auto electric car lease offer

As per the SMMT, the Skoda group registered nearly 7,500 units in May 2025, making this a brand with nearly 5% of the UK’s market! The BEV options that Skoda offer will be a big part of this metric, especially the affable Enyaq SUV option. Without a doubt, the best-selling specification with the Enyaq is the incredible Sportline which is available in 2WD (85) and 4WD (85x) format. It is the latter which is our most-popular seller. And can you blame UK customers?

As standard the SportLine includes LED rear lights, full LED Matrix beam lights, privacy glass, electrically operated tailgate, sports suspension, sports bumpers, 20” alloys, electrically adjustable driver seat, auto dimming rear view mirror, wireless charging, sports seats, 3-zone climate.

Keyless entry, area view camera, navigation, HUD, Canton Sound System and the 13” touchscreen display. Colours include Race Blue, Olive Green, Graphite Grey, Black Magic and Moon White. You can upgrade the alloys to the 21” Supernova or add packages like the Maxx (for trained parking, park assist and dynamic chassis control), Winter Package (for heated windscreen and rear seats) or options like the heat pump, panoramic sunroof and electric tow bar.

And how will the new 2025 / 2026 Skoda Enyaq Estate perform? Is it a good EV?

• Enyaq 85X - this AWD SUV will have a 77 kWh usable battery which will offer 0 – 62 times of 6.7 seconds, 112 mph top speeds and 210 kW (or 282hp). Expect a combined winter range of 235 miles with warmer weather allowing for 325 miles – a 280 mile combined. On charging, the 11kW AC max will allow 6 hour and 30 min 0 – 100% charging times with the 175 kW DC maximum allowing 28 minute 10 – 80% times. A cargo volume of 585L is available with this car. It has a vehicle fuel equivalent of 147 mpg. You can tow 750kg (Unbraked) and 1200kg (Braked). It also has no V2L or V2G capabilities. The Heat Pump is available as an optional extra.

Ready to go used with your EV?

Juts get in touch with your experts today to find out more!, Call us on 01942 910 001 or by emailing us at [email protected]