Electric Car Business Lease
The Business Case for Electric Car Leasing
Financial Efficiency: Lower Costs, Higher Returns
Electric car leasing via iCarLease eliminates the hefty upfront costs of purchasing EVs outright. For example, leasing a Tesla Model 3 Long Range through iCarLease starts at just £499/month + VAT, including maintenance and breakdown cover. Compare this to competitors like LeasePlan or ALD Automotive, where similar packages often exclude servicing or charge premium rates for excess mileage.
- Benefit-in-Kind (BIK) Tax Savings: EVs leased through iCarLease qualify for a 2% BIK rate until 2025, slashing employee tax liabilities. A £50,000 Tesla Model Y leased via iCarLease incurs just £40/month in BIK tax vs. £300+/month for a petrol equivalent.
- OZEV Grants: iCarLease clients gain access to the UK’s Office for Zero Emission Vehicles (OZEV) grants, covering up to 75% of workplace charging station costs (capped at £350/socket).
Flexibility: Adapt to Technological Advancements
EV technology evolves rapidly. Leasing through iCarLease lets businesses upgrade to newer models every 2-4 years, avoiding depreciation risks. For instance, transitioning from a Nissan Leaf (40 kWh) to the 2024 Leaf e+ (59 kWh) ensures access to improved range (168 vs. 239 miles) and faster charging (50 kW vs. 100 kW). Competitors often lock clients into rigid terms, but iCarLease offers customisable contracts with mid-term upgrade options.
iCarLease vs. Competitors - A Side-by-Side Analysis
Transparent Pricing, Zero Hidden Fees
Many providers bury costs in fine print. A 2023 study by Leasing.com found that 68% of business lessees faced unexpected charges for excess mileage or tyre wear. iCarLease eliminates this with all-inclusive packages:
- Complete Maintenance Plans: Covers servicing, tyres, and brakes.
- Roadside Assistance: 24/7 UK coverage via RAC.
- GAP Insurance: Protects against write-off discrepancies.
Exclusive Manufacturer Relationships
iCarLease partners directly with brands like Tesla, BMW, and Audi, securing preferential rates. For example, a BMW i4 M50 leased via iCarLease costs £689/month vs. £739/month through rivals like Lex Autolease. These partnerships also ensure priority delivery slots - critical for businesses needing EVs swiftly.
Sustainability Beyond the Vehicle
iCarLease goes further by offsetting 100% of your fleet’s carbon footprint via partnerships with Ecotricity and Tree-Nation. Competitors rarely offer such holistic green initiatives.
The iCarLease Process - Simplicity Redefined
Tailored Consultations
Your journey begins with a free consultation with iCarLease’s EV specialists. They analyse your business’s mileage patterns, charging infrastructure, and budget to recommend optimal models. For instance, a delivery company covering 30,000 miles/year might benefit from the Hyundai Ioniq 5 (77 kWh) with its 315-mile range and ultra-fast 220 kW charging.
Seamless Ordering & Delivery
Once your choice is finalised, iCarLease handles everything—from registration to arranging home/workplace chargers via certified installers like Pod Point. Most vehicles arrive within 4-6 weeks, far quicker than the 12-week industry average.
Why iCarLease is the Unquestioned Leader
In a crowded market, iCarLease distinguishes itself through customer-centric innovation, cost transparency, and sustainability leadership. While competitors offer generic solutions, iCarLease delivers:
- Lower Total Cost of Ownership: Save up to 30% vs. rivals.
- Stress-Free Experience: Dedicated account managers and 24/7 support.
- Regulatory Compliance: Stay ahead of Clean Air Zone (CAZ) and ULEZ standards.
🔌 Ready to find out more?
For businesses ready to embrace the electric future, Visit iCarLease today to explore tailored leasing solutions and join the 4,000+ UK businesses already powering their success with iCarLease.