Electric Car Leasing Deals 2026
Lease a brand-new electric car from just £124 per month. With up to £3,750 off through the UK Electric Car Grant, lower Benefit-in-Kind tax at just 3%, and zero road tax, there's never been a more affordable time to go electric. Whether you're looking for a compact city EV, a family SUV, or a premium executive model, Silverstone Leasing offers transparent pricing, free UK delivery, and five-star rated service on every personal and business electric car lease.
What Is Electric Car Leasing?
Electric car leasing is a long-term rental agreement that lets you drive a brand-new electric vehicle for a fixed monthly fee. You choose the car, the length of the lease (typically between two and four years), and your expected annual mileage. At the end of the contract, you simply return the car – no worries about depreciation, resale, or balloon payments.
Leasing removes the high upfront cost of buying outright and gives you access to the latest EV technology without a long-term commitment. Road tax and the manufacturer’s warranty are included as standard, and you can add an optional maintenance package to cover servicing and tyres for complete peace of mind.
Whether you’re a first-time electric driver or upgrading to the newest model, leasing makes the transition simple and stress-free. Explore our full guide to how car leasing works or speak to our team if you have questions about which contract type suits you best.
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Transparent Advice
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Five-Star Service
Our customer-first culture is the heart of everything we do. From first enquiry to vehicle handover and beyond, we deliver a friendly, professional service that consistently earns five-star reviews.
Complete Leasing Solutions
We’re proud to be award-winning, FCA-regulated, and BVRLA-accredited, with thousands of satisfied customers nationwide. Our reputation is built on doing things properly, every time.
Tailored Solutions
Every customer is unique, and so is every lease. Whether you're a sole trader, a fleet manager, or leasing your first car, we tailor your lease to suit your needs.
Ready to Make the Switch?
Electric car leasing is more than just a trend – it’s the future of driving. With lower running costs, tax incentives, and zero emissions, there’s never been a better time to go electric. Browse our latest EV lease deals today or speak to our team to find the right solution for you.
Save Up to £3,750 with the Electric Car Grant
The UK Government’s Electric Car Grant (ECG) launched in July 2025 and offers significant savings on qualifying electric vehicles priced under £37,000. The discount is applied automatically at the point of order – there’s no paperwork or claim process for you to manage. When you lease an eligible EV, the grant reduces the vehicle price before your monthly payments are calculated, meaning you benefit from lower rentals throughout the contract.
The grant operates on two bands:
The list of eligible vehicles is updated regularly as new models are approved. Many of the cars in our electric leasing range already qualify, and our team can confirm which deals include the grant when you enquire.
Several manufacturers are also running their own complementary discount schemes on top of the government grant, meaning the total saving can be even higher. If you’re weighing up which electric car gives you the best value, our team can walk you through the numbers – just call us on 01604 978480 or request a callback.
Hear from Our Happy Customers
At Silverstone Leasing, we believe the best way to understand the quality of our service is to hear directly from the people who matter most – our customers. In these short video testimonials, you’ll see real experiences from individuals and businesses who’ve leased with us. From first-time drivers to fleet managers, their stories highlight the care, transparency, and expertise that set us apart.
The Benefits of Leasing an Electric Car
Lower Running Costs
One of the most compelling reasons to lease an electric car is the day-to-day savings. Electricity is significantly cheaper than petrol or diesel, and many EV drivers charge at home overnight using off-peak energy rates, bringing the cost per mile down further still.
*EVs registered before April 2025 pay £0 road tax. From April 2025, the standard flat rate applies but EVs remain exempt from the expensive car supplement.
Electric vehicles also have fewer moving parts than conventional cars, which means less routine maintenance. There are no oil changes, fewer brake issues thanks to regenerative braking, and fewer components that wear out over time. This translates into lower servicing bills across the life of your lease.
Tax Advantages for Business Users
Electric cars are among the most tax-efficient company vehicles available. The Benefit-in-Kind (BiK) rate for fully electric cars is currently just 3% for the 2025/26 tax year, rising modestly to 4% in 2026/27 and 5% in 2027/28. By comparison, a typical petrol company car attracts BiK rates of 25–37%. For a 40% taxpayer, that can mean a difference of several hundred pounds a month in personal tax.
Why Lease Your Electric Car with Silverstone?
At Silverstone Leasing, we make the move to electric easy. We're an award-winning, FCA-regulated, and BVRLA-accredited broker with thousands of satisfied customers nationwide. Our reputation is built on doing things properly – honest advice, transparent pricing, and a level of personal service that consistently earns us five-star reviews.
Our expert team will help you understand your options, calculate the true running costs of an EV compared to petrol or diesel, and find a lease that suits your needs and budget. We can talk you through which vehicles qualify for the Electric Car Grant, how BiK tax works for company cars, and what contract structure gives you the best value.
We offer a wide range of electric vehicles from over 30 manufacturers, all backed by free UK delivery and our commitment to transparent, jargon-free leasing guidance. Not sure about going fully electric? Explore our hybrid car leasing and plug-in hybrid options too.
Frequently Asked Questions – Electric Car Leasing
Absolutely! Leasing is one of the best ways to experience an electric vehicle for the first time without committing to ownership. It gives you the flexibility to try out the latest EV models, see how they fit into your lifestyle, and make the switch with minimal risk. Many of our customers are first-time electric vehicle (EV) drivers, and our team is happy to guide you through everything, from charging to selecting the right model for your needs.
Most electric vehicles can be charged using a standard three-pin plug, but we recommend installing a dedicated home wallbox for faster and more efficient charging. With a wallbox, you can fully charge your EV overnight using off-peak electricity, further reducing your costs. We can advise on government grants and trusted installers to help make home charging simple.
Yes – significantly. Charging an electric vehicle costs much less per mile than refuelling a petrol or diesel car. Additionally, EVs have fewer moving parts, which means less maintenance and lower servicing costs. You’ll also benefit from road tax exemptions, lower Benefit-in-Kind (BIK) rates for company cars, and no congestion charges in many cities.
At the end of your lease agreement, you return the car to us – there’s no need to worry about selling it or dealing with depreciation. If you’ve stayed within the agreed mileage and the vehicle is in good condition (fair wear and tear accepted), there will be nothing more to pay. You can then choose to lease a new electric model or explore other options with us.
That’s exactly what we’re here for. Our team at Silverstone Leasing are EV specialists and can walk you through the best options based on your driving habits, budget, and preferences. Whether you need a city runaround, a family SUV, or a premium executive model, we’ll find a lease that ticks every box – and we’re always just a call or email away.
While a good credit score can help secure better lease terms, options are available for those with varying credit histories. Some leasing companies offer plans for individuals with lower credit scores, though you may face higher payments or larger initial deposits. It's advisable to check with the leasing provider about their specific credit requirements and any additional documentation needed
A typical electric car lease agreement includes road tax, the manufacturer's warranty, and breakdown cover. Some leases also offer optional maintenance packages, which can cover servicing, tyre replacements, and other routine maintenance tasks. It's important to review the lease terms carefully to understand what's included and what may incur additional costs
Selecting the appropriate mileage allowance depends on your driving habits. Underestimating your annual mileage can lead to excess mileage charges at the end of the lease term. It's recommended to accurately assess your typical driving patterns and choose a mileage package that accommodates your needs. Leasing companies often provide various mileage options to suit different drivers
Exceeding the agreed mileage on your lease can result in additional charges, typically calculated on a per-mile basis. The specific rate is outlined in your lease agreement. To avoid unexpected costs, it's important to monitor your mileage throughout the lease term and consider selecting a higher mileage allowance if you anticipate driving more than initially estimated.
The Electric Car Grant (ECG) is a UK Government scheme that offers up to £3,750 off qualifying new electric vehicles priced under £37,000. The discount is applied automatically by the manufacturer before your lease payments are calculated, so your monthly rentals are lower from day one. There are two tiers: Band 1 vehicles receive £3,750 off, while Band 2 vehicles receive £1,500 off. Our team can tell you which of our vehicles currently qualify when you get in touch.
Fully electric company cars attract the lowest Benefit-in-Kind (BiK) tax rates of any vehicle type. For the 2025/26 tax year, the BiK rate for a zero-emission car is just 3%. This rises to 4% in 2026/27 and 5% in 2027/28. By comparison, a typical petrol car is taxed at 25–37%. For a higher-rate taxpayer driving a £40,000 electric car, BiK at 3% means you'd pay around £48 per month in tax, compared to £400+ for a comparable petrol model. This makes electric cars exceptionally popular as company cars and through salary sacrifice schemes.
Yes, and it's how most electric car drivers charge. You can plug into a standard three-pin socket in an emergency, but we'd recommend having a dedicated home wallbox installed for faster, safer charging. A 7kW wallbox can fully charge most EVs overnight, and government grants of up to £350 are available to help cover installation costs. We've also partnered with Cord EV to offer Silverstone customers £50 off a home charger. Charging at home on an off-peak electricity tariff is the cheapest way to run an electric car – typically costing around 2–4p per mile.
Ready To Go Electric? At Silverstone Leasing, we make it easy, with transparent pricing, tailored advice, and a 5-star rated team ready to help.
Charging Your Electric Car
Charging an electric car is simpler than most people expect. The majority of EV owners charge at home overnight, waking up to a full battery each morning. A dedicated home wallbox (typically 7kW) can fully charge most electric cars in four to eight hours, and off-peak electricity rates can bring the cost down to as little as 2p per mile.
The UK’s public charging network has expanded significantly, with over 70,000 public charge points now installed across the country. Rapid chargers (50kW–350kW) found at motorway services and forecourts can add 100+ miles of range in as little as 15–20 minutes, making longer journeys straightforward.
Government grants are also available to help with the cost of installing a home wallbox. The EV chargepoint grant offers up to £350 towards installation for eligible homeowners, tenants, and landlords. We’ve partnered with Cord EV to offer our customers £50 off a home charger, making the switch even more affordable.
Personal and Business Electric Car Leasing
We offer electric car leasing on both personal contract hire (PCH) and business contract hire (BCH) agreements, with flexible terms and nationwide free delivery.
Personal Electric Car Leasing
With a personal lease, you pay a fixed monthly rental that includes road tax and the manufacturer's warranty. All prices shown include VAT. You choose the contract length, annual mileage, and initial payment that suits your budget. At the end of the agreement, you hand the car back and can lease a newer model – keeping you in the latest electric car technology without the hassle of selling or part-exchanging.
Browse our personal car leasing guide for a full breakdown of how it works, or apply for personal finance online.
Business Electric Car Leasing
Business contract hire is one of the most tax-efficient ways to run a company car. Monthly lease rentals are an allowable business expense, reducing your corporation tax bill. Electric cars attract the lowest BiK rates available, making them ideal for directors and employees alike. Prices are shown excluding VAT, and VAT-registered businesses can reclaim 50% of the VAT on a car used for both business and personal travel, or 100% if the vehicle is used exclusively for business.
Whether you need a single company car or a fleet of electric vehicles, our team can structure a deal to suit. Read our guide to business car leasing or apply for business finance online.
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