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Car leasing is by far the most popular method to finance an electric vehicle as it makes the use of a vehicle a lot more straightforward and affordable when compared to buying a car outright.
When you have a car lease agreement, you lease a car for an agreed period of time. This is known as a ‘lease period’. Even though the car is actually in your possession, you do not own it.
You make fixed monthly rentals for the time period that your contract runs. Once the contract ends, you simply return the vehicle to us and look at which car you want to drive next.
People find this agreement appealing as it means that they don’t have to worry about the eventual resale value of the actual car. As you don’t actually own the vehicle, once your contract is finished you can walk away without any extra obligations.
The way a car lease agreement is worked out is pretty straightforward:
1 – We work out what the value of the vehicle will be by the end of your contract, taking depreciation into account.
2 – You set a mileage limit that will best suit your driving needs. (This can be reviewed throughout the lease period and we make it easy for you to increase the mileage in your contract to something more appropriate if necessary.)
3- Our pricing team constantly update pricing to ensure you are offered the best leasing deals on the market.