Hello, I'm Nicki Shields and welcome to Select Electric's "6 Reasons to Lease an Electric Car".
Now I'm going to explain the main benefits of electric cars and why they're so well suited to
the leasing model. So let's get started. Number 1: it dramatically reduces your fuel costs. Did
you know that electricity is much cheaper than petrol or diesel? According to the RAC Foundation,
looking at just fuel, a petrol car costs 12 to 13p per mile to run; for diesel it's roughly 10p
per mile. But for the average fully electric car, the electricity cost per mile is between 2 and 3p
if you charge at home on a cheap tariff. Now that is a massive saving over petrol and diesel cars.
Imagine, 10,000 miles in a petrol car would cost you about £1,250 a year, whereas it could be as
low as £250 pounds in an EV. What a saving! Number 2: help protect the environment. You probably know
that by now traditional petrol and diesel cars are not very environmentally friendly. Unfortunately
they emit CO2 and other greenhouse gases from their exhaust pipes, and diesel cars also
produce harmful particulate matter; and that's why the government are banning the sale of new
petrol and diesel cars from 2030. Fully electric cars, by contrast, run on battery power alone and
don't have any tailpipe emissions. If you charge your car with electricity from renewable sources,
such as wind and solar, your electric driving will be 100% emission free, which is brilliant.
Number 3: leasing is generally one of the cheapest ways of enjoying a brand new electric car.
There are several methods of getting your hands on an electric car, but which one is best? If
you buy secondhand you run the risk of missing out on the latest tech, and if you buy a new
car your monthly payments might be quite high. With a car lease, on the other hand, your monthly
instalments will be as low as possible. At the end of the term, simply hand the car back and start a
new lease for the latest model; and remember EV technology is advancing fast and you don't want
to get stuck with an out-of-date car. Number 4: maintain access to town and city centres.
Now gradually more and more towns and cities are restricting access for petrol and diesel cars –
you're either not allowed to go into certain areas or you have to pay a penalty charge,
whereas fully electric cars currently enjoy generous access to towns and cities because
they're emission-free and so don't contribute any harmful pollutants to the local environment.
Of course you can also go into town and city centres by bicycle or on public transport,
but, if your only option is the car, a fully electric car lease is the way to go. Number 5:
great performance and technology. The first time you get behind the wheel of an electric car
and test the acceleration, you get an adrenaline rush. It is so much fun. The instant power from
the electric motor is ideal for safe overtaking or pulling onto busy motorways. Most modern electric
cars also come with advanced in-car technology – even the base models are usually very well
specced. All of this amazing performance and technology comes wrapped in a peaceful cabin,
with no combustion engine noise to spoil the ride. Finally, Number 6: a full tank every morning.
You know that sinking feeling you get when you have to rush off in the car first thing
in the morning and your fuel tank is almost empty? You're thinking "why didn't I fill up last night,
now i'm gonna be late – again", well, in an electric car, worry no more because you can plug
in at home overnight and wake up to a full charge every morning – how convenient is that? In fact
there are many more advantages to electric cars including low maintenance and servicing costs,
tax incentives, a low centre of gravity for better handling, free or priority parking,
and many others. But this was just a quick guide to some of the best. Please do get in
touch with the Select Electric team to discuss in more detail all of the benefits of leasing
electric cars and vans, and also have a look around at some of our other helpful EV videos.