Electric vehicles have been available for several years now, but with the UK Government’s agreement to end the sale of new petrol and diesel cars by 2030, electric vehicles (EVs) are really taking over the car market. Leasing an electric car can be a great way to make the transition to driving an EV, so here are the top benefits of leasing an electric car.
- Better for the environment
The push to make environmentally conscious changes in our everyday life has grown in recent years. If you’re able, switching your petrol or diesel for an electric car can make a big impact on your carbon footprint. On average, new diesel and petrol cars produce 127g CO2/km, so based on the national average annual mileage of nearly 10,500km/year, by switching to a zero-emission car, you could reduce your CO2 emissions by approximately 1.3 tonnes each year.
- Low Benefit-in-Kind Tax
Benefit-in-Kind (BIK) Tax is the amount of tax you have to pay on any non-financial renumeration from your employer, i.e. a company car, and is calculated using the P11D value of the vehicle, its CO2 output and your income tax band. However, the BIK tax rate for zero-emission vehicles (EVs) is currently set at 1% for 2021-22 – compared to 29% for the average petrol or diesel car – making EVs a fantastic option for company car drivers.
The government will end the sale of new petrol and diesel cars by 2030 and hybrids by 2035. There are currently over 100 EV models on the market, and by 2025 nearly as many EV models as conventional petrol and diesel models can be expected.
- Save on fuel costs
A full charge for a 60kWh electric car can cost less than £10 using a home charger and will provide approximately 200 miles of charge. With £1.3 billion investment pledged from the UK Government to accelerate the rollout of charging infrastructure, improving EV mileage range capabilities and ongoing development to charging points to provide faster charging, driving an EV can be a cost-effective option.
- Upgrade to a brand-new car every few years
When you lease with Synergy, you can choose a contract term typically from 24 to 48 months and at the end of your lease agreement, simply return the vehicle by free arranged collection. You can then begin a new contract on another brand-new vehicle if you wish. You don’t need to worry about depreciation, a balloon payment or having to sell the car – just hand it back.
- Free UK Delivery, Best Price Guarantee & 5 Star Rated Service
Leasing with Synergy Car Leasing is a hassle-free way to drive a brand-new car. They offer Free UK mainland delivery, their Synergy Best Price Guarantee and Feefo 5 Star Platinum Rated Service.
They have fantastic lease deals on popular makes and models, including the best-rated EV models, such as the Tesla Model 3, VW ID.3, Kia E-Niro and more.
- Maintenance Package Option
For peace of mind, you can opt for a fully maintained lease package. EV’s still need to be serviced and diagnostic checks carried out, but with no internal combustion engine things can be a lot simpler. Adding the fixed-cost maintenance option to your lease agreement covers costs such as routine servicing, maintenance, tyres and roadside assistance, saving to you time and money.