EV subscriptions, leasing and rental – what’s the difference?
September 22, 2022
We’re here to break it down for you.
Electriccar subscriptions
The most flexible (and latest) way to get an #EV. Most subscriptions include insurance and maintenance as part of the subscription fee, often offering zero-deposit rentals for flexible periods. Meanwhile, many allow you to switch between different vehicles during the subscription period.
EV subscriptions essentially offer a car as a service, providing a complete solution that’s often delivered right to your door. You can sign up for a monthly rolling contract, knowing that all your expenses will be included and that you can continue, change models or stop at the end of each month.
Electric car leasing
You use the vehicle for a certain period of time, having agreed on a rental fee. At the end of the leasing period – often ranging from two to four years – you will either have to return the car to the leasing company, or buy it at its residual value. Renting electric cars in the UK is a great way to get a new electric car without the significant upfront costs.
Electric car rental
This option allows you to rent an EV for a set period of time – from a few hours to several weeks. As a rule, all expenses are included and it’s an ideal solution if you need a temporary vehicle. Renting an electric car is also a great way to get a feel for the car and see how it fits into your lifestyle.
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