Is leasing a used electric car a good idea?
Used electric car leasing is an affordable way to switch to electric. In this guide, we’ll explore the process of leasing an electric car, outline the benefits, considerations, and steps involved.
Does it make sense to lease a used electric car?
Choosing to lease a used electric vehicle can be smart, especially if you’re budget-conscious. All cars will be maintained according to the Fair Wear and Tear Guide of the British Vehicle Rental and Leasing Association (BVRLA). This requires the cars to be serviced in line with the manufacturers’ guidelines. You can, therefore, be sure you’re driving a used electric car that’s been maintained properly.
What are the benefits of used electric car leasing?
Leasing a used car is a cost-effective and hassle-free way of sourcing your next vehicle. There are several key benefits, which include the following.
Lower monthly payments compared to new car leases
A used electric car lease benefits from lower monthly payments compared to brand-new models. This is because the car is pre-owned and has decreased in value, reducing its on-the-road price. Leasing a used EV could allow you to afford a premium brand or higher trim level, as the overall cost is often cheaper.
Access to advanced technology at a lower price
Because electric cars are still relatively new to the market, they feature some of the most advanced and desirable features. Even if they are used and a couple of years old, this technology hasn’t had the chance to date, making a used electric vehicle an attractive option.
Same lease terms as other deals
With a used electric car, you’re free to choose your ideal lease terms, including your initial rental, mileage, and contract length. This is the same as other top lease deals, meaning the used electric car leasing process remains familiar and easy to navigate.
Optional maintenance and servicing plans
An optional maintenance and service package can be included as part of your used electric car lease. This package is added to your monthly payment and offers complete peace of mind at a manageable cost.
What to consider when leasing a used electric car
Used electric car leasing won’t be for everyone. Here’s what Synergy recommends you consider before entering a lease.
Vehicle condition
As the vehicle will be a couple of years old, expect some wear and tear with your used electric car. Their condition will depend on the miles covered and how well the previous driver has maintained it.
Warranties and maintenance
The average length of a manufacturer’s warranty is three years or up to 60,000 miles, whichever comes first. This means used electric car leasing isn’t guaranteed to be covered by a warranty. You’ll need to consider whether you’re happy to pay for any repair costs or choose an optional maintenance package.
Why choose Synergy for your used electric car lease
Here at Synergy, we’ll always ensure our best used electric car deals are cleaned and valeted. All cars are safety-checked and inspected for peace of mind and come with road tax included.
Our range of used electric car lease deals offers great value. These deals are available to both business and personal leasing customers. Our team is on hand to discuss your used electric car leasing options that are available at attractive rates.
You can receive a no-obligation quote based on your preferred contract terms. To find out more and chat through your options when it comes to a used electric car lease, get in touch with us today.
