Electric cars have quickly become a popular alternative to traditional petrol and diesel vehicles. However, purchasing an electric car can still be a significant financial investment. That`s where contract hire comes in – it can offer a more affordable way to get behind the wheel of an electric car.
Contract hire, also known as car leasing, allows individuals to pay a monthly fee for the use of a car over a set period. At the end of the contract, the car is returned to the leasing company. This option can be particularly attractive for those who want to drive a new car but don`t want to commit to owning it outright.
When it comes to electric cars, contract hire can be an especially smart choice as the upfront costs can be higher than traditional petrol or diesel vehicles. Plus, electric cars tend to have lower running costs, making them an attractive long-term investment.
If you`re interested in finding a cheap electric car contract hire deal, there are a few things to keep in mind. First, research different car models and leasing companies to ensure you`re getting the best deal possible. Additionally, be aware that some leasing companies may require a larger upfront payment to secure the contract. However, this can often be offset by lower monthly payments.
It`s also worth considering any incentives or grants that may be available for electric car leasing. In the UK, for example, the government offers a grant of up to £3,000 for electric car leasing.
Overall, contract hire can be an affordable way to drive an electric car. With lower running costs and the potential for government incentives, it`s worth considering if you`re in the market for a new vehicle. Just be sure to do your research and choose a leasing company that offers a fair deal.