Every week we scan the best leasing deals available for electric cars. Unless we say otherwise, all the prices quoted are for three year contracts on a personal lease with 8,000 miles per year with an advance payment (deposit) which is the equivalent of of six months’ payments. The prices are correct at the time of publication (20th September 2024).
This week's best electric car lease deals
The leasing market continues to baffle us here at Electrifying.com, as cars which cost more to buy are cheaper to lease - sometimes by a big margin. This week it's Vauxhall manoeuvres which have confused us again, as the company seems to throw models randomly at the market so you can never tell which is going to be the cheapest - a Corsa, Mokka or Astra. This week the Astra Sports Tourer in the top Ultimate spec which was the winner on value at £251.96 per month, although the Corsa has also gone down by about £15 per month to £224. The latter is outgoing stock with the old battery and motor combo which is less efficient and has a 222 mile range.
If you're prepared to sacrifice a little more range then how about the Nissan Leaf? The company is obviously clearing out stocks since production ceased and the lease costs keep falling. You can have a Tekna - that's the top of the range - for £178.33 per month. If that's still not cheap enough, then it's being undercut currently by a re-entry into our cheap lease chart - the ORA 03. That's now just £171.05 a month. If you currently have an old banger with a petrol engine which is costing £100 per month in fuel and £30 in road tax, then that is going to seem like an irresistible deal, even if the Ora and Leaf aren't the most advanced EVs any more and have sub-200 mile ranges.
To put that into some perspective, the only electric vehicle which is cheaper is a Citroen Ami, which would save you just £6.50 per month in payments. The Dacia Spring has made its first appearance too, but the entry-level model costs around £8 a month more than the Nissan.
Moving up the Nissan range and there's another bargain. The Ariya at £341.85 per month looks like reasonable enough value, but our eyebrow rose when we spotted that it's twin motor 87kWh e-4ORCE version in mid-spec Advance trim with 22kW charging too. That's a lovely spec SUV for the same sort of price as a VW ID.3. Would you rather have that or a newcomer in our value chart - the Lexus RZ450? In Takumi spec it's a £65,540 car, but on a lease it is £389.96 a month.
We were also surprised to see the new Volkswagen ID.7 on our lists, at a very reasonable £346 per month. You can also have the Tourer (estate) for the same price, which seems like a no-brainer.
If you are looking for space, Tesla has £100 per month has been lopped off the personal lease cost of the Model Y, taking it to £299 per month. Irritatingly Tesla's website won't let us play with the terms too much so we can't exactly match our other deals here, and the deposit is a hefty £4,299. On the plus side, you get a generous 10,000 miles per annum allowance. It seems like a tempting deal but the total cost over the three years is £15,279. Use the same terms on the Ariya and it is £14,769. Which would you have?
Check out all the deals on Electrifying's dedicated leasing page here.