The 7 Cheapest Electric Car Lease UK Deals for 2025
Let's be honest, hunting for the "cheapest" anything online is usually a mug's game. It's a swamp of headline prices, murky admin fees, and deals that evaporate the second you click on them. You just want to get behind the wheel of a shiny new electric car without selling a kidney, but every website screams it has the ultimate bargain. It's exhausting, and frankly, a bit of a con.
Here, we've done the dirty work for you. We've waded through the comparison site quagmire to find the genuine contenders offering the cheapest electric car lease UK deals right now. This isn't just a lazy list of names. We're breaking down exactly who's good for what, where the potential catches are, and how to use each platform's tools to find a genuinely brilliant deal that won't have you living on beans on toast for the next three years.
We'll show you exactly how each site works with screenshots and provide direct links so you can jump straight in. Forget the marketing fluff and the too-good-to-be-true offers. This is your no-nonsense, practical guide to navigating the lease market and bagging an EV bargain. Let's get to it.
1. Leasing.com: The Big Kahuna of Comparison
Think of Leasing.com as the Skyscanner or GoCompare for your next electric car. It’s not a leasing company itself, but a massive marketplace that pulls together personal and business contract hire deals from hundreds of different UK brokers, dealers, and funders. This scale is its biggest strength, giving you a bird's-eye view of the market without having to trawl through dozens of individual sites. If you’re hunting for the absolute cheapest electric car lease in the UK, starting here is a no-brainer.
The platform’s dedicated Electric/Hybrid hub is where you’ll spend your time. Its filters are genuinely useful, allowing you to slice and dice the offers by what really matters: monthly budget, initial rental, mileage, and even which cars are actually in stock for a quick delivery. This “in-stock” filter is a godsend if you’ve got the patience of a toddler and want to avoid a six-month wait for a factory order.
Why It Stands Out
What makes Leasing.com particularly handy is its focus on cost transparency. Where the advertising partner provides the data, the site displays the initial rental, any admin fees, and the total cost of the lease right there on the search results. This lets you quickly compare the true cost of different deals, avoiding the nasty surprise of a hefty "processing fee" later on. They also slap a “Value Score” on deals, an algorithm-based rating that helps highlight offers that are genuinely good value for money.
Getting the Most Out of Leasing.com
- Filter, Filter, Filter: Start broad, then use the detailed filters to narrow down the options to fit your exact needs. Don’t ignore the “Special Offers” tab.
- Act Fast: The leasing market is ridiculously dynamic. A rock-bottom price on a Polestar 2 you saw this morning could genuinely be gone by lunchtime. If you see a deal that looks too good to be true, it probably won’t last.
- Check the Broker: Remember, you’re not signing a contract with Leasing.com. They are the matchmaker. Your agreement will be with the broker or dealer advertising the car, so always do a quick check on their reputation and reviews before committing.
Choosing the right provider is a huge part of the process, and understanding the nuances can save you from a world of hurt. For a deeper dive, check out our guide on how to avoid getting fleeced on the best UK EV lease deals for 2025.
2. Auto Trader (Leasing): The Familiar Favourite
Everyone knows Auto Trader as the go-to place for buying and selling used cars, but its leasing section has quietly become a major player. It leverages its massive brand recognition and familiar interface to bring the often-confusing world of leasing to the masses. Like other aggregators, it’s a giant shop window, displaying deals from a vast network of UK leasing brokers and dealers. If you're looking for one of the cheapest electric car lease UK deals, its sheer volume of listings makes it an essential stop.
The platform’s strength lies in its simplicity and familiarity. Searching for an EV lease feels just like searching for a car to buy. The filters are straightforward, letting you hone in on what’s important: your monthly budget, desired initial payment, contract length, and annual mileage. A particularly useful feature is the estimated delivery month shown on many listings, which helps manage expectations in a market where lead times for popular EVs can be frustratingly long.
Why It Stands Out
What makes Auto Trader a solid choice is the trust and user experience it brings from its core business. The interface is clean, fast, and packed with the extensive car reviews and owner feedback you’re already used to. Each listing clearly breaks down the monthly price, initial payment, term, and mileage . This transparency allows for a quick and easy comparison between different offers on the same model, helping you spot a genuinely good deal from an average one. It’s a comfortable, low-pressure environment to begin your search.
Getting the Most Out of Auto Trader
- Use the Reviews: Don’t just look at the price. Dive into Auto Trader's comprehensive reviews for the EV you’re considering to ensure it fits your lifestyle.
- Check Delivery ETAs: Pay close attention to the estimated delivery date. A super-cheap deal on a factory order might mean a nine-month wait, whereas a slightly more expensive in-stock car could be on your drive next month.
- Verify with the Broker: Auto Trader is the middleman. The final price and terms, including any admin fees, are set by the advertising broker. Always click through and confirm all the details before getting your heart set on a specific offer.
The shift towards leasing is undeniable, and platforms like Auto Trader make the transition feel less daunting. To understand the momentum, explore our deep-dive on why more drivers are leasing EVs than ever before.
3. carwow: The Consumer Champion
If Leasing.com is the sprawling supermarket of EV deals, think of carwow as the curated deli counter, complete with expert advice. While it also functions as a marketplace connecting you to a network of approved leasing partners, carwow’s real strength lies in how it packages information. It pairs live lease pricing with its massive library of in-depth, no-nonsense car reviews, so you’re not just seeing the price, you’re understanding what you’re actually getting for your money.
Its dedicated electric car leasing page is a great starting point, presenting deals in clean, easy-to-digest tiles. More uniquely, carwow’s weekly "best lease deals" roundup often surfaces some genuinely surprising bargains on EVs that might not have been on your radar. This is brilliant for spotting those time-sensitive offers when a leasing company is looking to shift a specific batch of stock quickly, often resulting in some of the cheapest electric car lease deals you'll find anywhere in the UK.
Why It Stands Out
What sets carwow apart is its blend of commerce and content. You can watch Mat Watson thrash a new EV around a track and then, on the very same page, see what it would cost you per month. This context is invaluable. The platform also makes a big deal of only working with vetted, highly-rated partners, giving you a bit of extra peace of mind that you’re not dealing with some fly-by-night broker operating out of a shed. The visible broker ratings add a welcome layer of transparency to the process.
Getting the Most Out of carwow
- Bookmark the Deals Page: The weekly curated lease deals are your best friend. Check it regularly to catch rock-bottom prices on specific models before they disappear.
- Use the Reviews: Don’t just look at the price. A deal on an Ora Funky Cat might look tempting, but a quick read of the review might tell you its real-world range won't get you to the end of your street.
- Dig Into the Quote: That headline "From £199/month" figure is the hook. Always click through to configure the quote to your preferred initial rental, mileage, and contract length to see the true monthly cost.
Understanding the difference between a headline offer and a real-world quote is critical. To get a better handle on this, learning how to spot a bad EV deal before you commit can save you a serious headache and a lot of money.
4. LeaseLoco: Your Deal-Hunting Co-Pilot
If Leasing.com is the Skyscanner of the leasing world, think of LeaseLoco as the savvy, tech-obsessed mate who’s built an algorithm to find the actual bargains. Like other aggregators, LeaseLoco doesn't lease cars itself. Instead, it pulls in millions of deals from a vast network of UK brokers and dealers, but with a crucial, data-driven twist that sets it apart.
The platform is built around its proprietary “LocoScore”, a value-for-money rating out of 100 assigned to every single lease deal. This score isn't just about the monthly price; it crunches the numbers on the total lease cost against the car’s list price and historical data to tell you if a deal is hot, or just a bit lukewarm. For anyone hunting down the cheapest electric car lease in the UK that is also a genuinely good deal, this tool is invaluable.
Why It Stands Out
Transparency is LeaseLoco’s game. The LocoScore instantly flags up whether that tempting £250 a month for a new EV is a true bargain or just average for that particular model. But its killer feature is the Price Tracker and Alerts system. Found the perfect electric car but the price is still a tad punchy? You can set an alert and LeaseLoco will email you the second the price drops, letting you pounce on a bargain before anyone else.
Getting the Most Out of LeaseLoco
- Trust the Score: Pay close attention to the LocoScore. A deal with a score of 80+ is usually considered a belter. It’s a great way to cut through the noise of thousands of listings.
- Set Up Alerts: If you have a specific model in mind, like a Cupra Born or Kia Niro EV, set up a price alert immediately. The best deals are often flash sales or short-lived offers, and this gives you a front-row seat.
- Filter with Precision: The site can show a dizzying number of variants for each model. Use the filters for trim, battery size, and other specifics to make sure you’re comparing like-for-like deals.
As with any comparison site, your final contract is with the advertising partner, not LeaseLoco. So once their algorithm has pointed you to a top-tier deal, a quick check on the broker's reputation is always a sensible final step.
Website: https://www.leaseloco.com/
5. Moneyshake: The Simplified Search Engine
Moneyshake operates in a similar space to the big comparison sites, acting as a powerful search engine for lease deals from a wide network of UK providers. Where it aims to carve its own niche is through simplicity and a clean, user-friendly interface. It's less about overwhelming you with every conceivable option and more about guiding you to a shortlist of genuinely competitive deals without the faff.
The dedicated electric car section is straightforward, presenting live "from" prices clearly. The platform excels at flagging cars that are in stock or available for quick delivery, a massive plus in a market where lead times can stretch into the next decade. The filters for budget, term, and mileage are all present and correct, making it simple to tailor your search to find a cheap electric car lease that won't give your bank manager a heart attack.
Why It Stands Out
Moneyshake's major strength is its clean presentation. It consistently displays the monthly and initial rental costs, which makes at-a-glance comparisons between different deals remarkably easy. You're not left trying to do complex mental arithmetic to figure out which offer is actually cheaper. The homepage’s deal banding, which groups offers into budget categories like "Under £300," is another nice touch that helps focus your search from the very beginning.
Getting the Most Out of Moneyshake
- Use the “In Stock” Filter: If you need a car sharpish, make this your first click. It will immediately remove any vehicles with long factory-order waiting times.
- Set Price Alerts: If your dream EV is currently just out of budget, use the price alert feature. The leasing market is volatile, and a deal could drop into your price range at any moment.
- Drill Down on Fees: While the headline prices are clear, remember that the final quote comes from the broker. Always confirm the exact specification and ask explicitly about any admin or documentation fees before you sign on the dotted line.
6. Select Car Leasing (Select Electric): The All-in-One EV Ecosystem
Select Car Leasing is one of the UK’s heavy hitters, an independent broker with the scale to secure some seriously competitive deals. But where they really distinguish themselves for EV hunters is with their dedicated ‘Select Electric’ arm. This isn't just a filter on a website; it’s a focused effort to bundle the car with solutions to the other EV headaches, namely charging and energy tariffs. This makes them a great option if you’re looking for more than just the cheapest electric car lease in the UK, but a full-package entry into EV ownership.
Their platform is slick and their team of EV specialists knows their kilowatts from their kilowatt-hours. The real unique selling point, however, is their partnerships. They’ve teamed up with Zapmap, Rightcharge, and Egg to offer a more holistic package. This means new EV customers can get perks like a few months of Zapmap Premium for free, helping you navigate the often-baffling public charging network with ease.
Why It Stands Out
It’s the ecosystem approach that sets Select Car Leasing apart. While other brokers just flog you a car, Select tries to solve the whole problem. Through their partners, you can get guidance on installing a home charger and finding the most cost-effective EV-friendly energy tariff. This integration can significantly reduce your total cost of ownership, looking beyond the monthly lease payment to your actual running costs. It’s a smarter, more complete way of getting you behind the electric wheel.
Getting the Most Out of Select Car Leasing
- Ask About the Extras: Don’t just focus on the car deal. Ask your consultant about the Zapmap offer and how their partnerships with Rightcharge or Egg could help you sort a home charger.
- Leverage Their Specialists: Use their EV-specific advisors. They can offer genuine insight into real-world range, charging speeds, and which model best suits your lifestyle, not just which one has the lowest headline price.
- Read the Small Print: Remember that the charging and energy offers are with third-party partners. Make sure you understand their separate terms and conditions before you commit.
7. Octopus Electric Vehicles (Octopus EV): The Salary Sacrifice Savant
Octopus EV isn’t your typical leasing comparison site; it’s an EV specialist with a powerful ace up its sleeve: salary sacrifice. Think of it as the 'Cycle to Work' scheme, but for a brand-new electric car. If your employer is signed up, this is often the undisputed cheapest way to get into an EV, as the payments are taken from your gross salary before tax and National Insurance, leading to substantial savings. This unique approach makes it a must-investigate option for anyone looking for the absolute cheapest electric car lease in the UK.
While they also offer standard personal contract hire, their salary sacrifice scheme is the main event. The platform is designed to make this process seamless. It includes a clear savings calculator that shows exactly how much you could save compared to a personal lease, factoring in your tax bracket. Beyond just the car, Octopus leverages its energy-supplier roots by bundling deals that include a home charger, charging credits, and access to public charging networks, aiming to simplify the entire EV ownership experience.
Why It Stands Out
The killer feature is the all-in-one bundle. With a salary sacrifice lease from Octopus EV, you often get the car, insurance, servicing, maintenance, and breakdown cover rolled into one fixed monthly payment. This "everything but the electricity" model removes the hassle and hidden costs that can sometimes crop up with traditional leasing. Their deep integration with the energy sector means they can also offer smart tariffs like 'Intelligent Octopus Go', which provides super-cheap overnight charging, further reducing your running costs.
Getting the Most Out of Octopus EV
- Talk to Your Boss: The biggest hurdle is getting your employer on board. Octopus provides plenty of resources to help you pitch the scheme to your HR department, highlighting the benefits for the company (like attracting and retaining talent).
- Use the Calculator: Before you get too excited, use their salary sacrifice calculator. It gives you a realistic, personalised quote based on your salary and the car you want, so you can see the true savings.
- Consider the Whole Package: Don’t just compare the monthly car payment. Factor in the value of the included insurance, maintenance, and any home or public charging credits to understand the total value of the deal.
Website: https://octopusev.com/
Top 7 Cheapest UK Electric Car Leases
| Service | Implementation Complexity π | Resource Requirements β‘ | Expected Outcomes β / π | Ideal Use Cases π‘ | Key Advantages |
|---|---|---|---|---|---|
| Leasing.com | Low π — simple search, then contract with broker | High inventory, many broker feeds | βββ — broad choice, transparent cost breakdowns π | Compare total lease cost across many live deals | Large aggregated inventory, clear fees & initial rental |
| Auto Trader (Leasing) | Low–Medium π — familiar UI, click-through to brokers | Nationwide broker network, review database | ββ — easy model/trim comparison, delivery ETAs π | Users wanting a familiar marketplace and reviews | Massive audience/inventory, delivery ETA visibility |
| carwow (Leasing and EV Deals) | Low π — curated listings, may require broker quote | Curated partner brokers, editorial review library | βββ — timely deal picks, price-drop highlights π | Spotting time-sensitive cheap offers and reviews | Regular deal roundups, expert reviews + live pricing |
| LeaseLoco | Medium π — requires filtering to use LocoScore effectively | Aggregated feeds, price-tracking infrastructure | βββ — value-ranked deals, alerts for price drops π | Value-focused shoppers tracking genuine bargains | LocoScore rating, price tracker & alerts |
| Moneyshake | Low π — straightforward filters and alerts | Consistent partner listings, in-stock flags | ββ — clear monthly/initial pricing, in-stock focus π | Quick scans for inβstock or fast-delivery EVs | Clean UI, consistent presentation, price alerts |
| Select Car Leasing (Select Electric) | Medium π — broker process with extras to review | Broker network, charging partner integrations | ββ — bundled charging support reduces running costs π | Customers wanting EV charging bundles and support | Charging partnerships, specialist EV advisers |
| Octopus Electric Vehicles (Octopus EV) | Medium–High π — salary-sacrifice setup needs employer | Salary sacrifice platform, energy & charger bundles β‘ | βββ — biggest savings via salary sacrifice π | Employees with employer schemes seeking lowest cost | Salary-sacrifice savings, integrated energy/charger bundles |
So, Have You Found Your Perfect, Non-Bank-Breaking EV?
There you have it. The secret to snagging the cheapest electric car lease in the UK isn't about finding a single, mythical website that spits out the perfect deal. It’s about realising these platforms are your arsenal, and knowing which digital weapon to wield for your specific mission. This isn't just about finding a cheap car; it’s about winning the monthly payment war.
We've explored the aggregator giants like Leasing.com and Auto Trader, which are fantastic for casting a wide net and getting a baseline feel for the market. Then you have the more specialised players. LeaseLoco's 'LocoScore' attempts to bring some objective, data-driven sanity to the chaos of comparing offers, while carwow uses its dealer network to unearth those exclusive, often time-sensitive, deals that others might miss.
Your Action Plan for Securing the Best EV Lease
So, what's next? Don't just pick one site and hope for the best. The real magic happens when you cross-reference and think tactically about your own needs.
- For the Data-Driven Deal Hunter: Start with LeaseLoco . Use its value score as your initial filter to identify genuinely good deals, then cross-check that specific offer on Moneyshake and Leasing.com to ensure no one is beating it on the same terms.
- For the Simplicity Seeker: If you want a more curated, less overwhelming experience, head to carwow . Their focus on 'deals of the week' and direct dealer engagement can cut through the noise. Similarly, Select Car Leasing often has excellent, clearly presented offers, especially on their 'Select Electric' sub-brand.
- For the Savvy Employee: Before you do anything else, check if your employer offers a salary sacrifice scheme. If they do, or are open to it, your first and possibly only stop should be Octopus Electric Vehicles . The potential tax savings here are so significant they can often make a premium EV cheaper to run than a budget petrol hatchback. It's a game-changer.
Don't Get Caught Out by the Small Print
Remember, the headline monthly figure is just the seductive opening line. The real story is in the details. Always, always scrutinise the following before you even think about signing:
- Initial Rental: How many months are you paying upfront? A low monthly payment often hides a hefty 9-month initial payment.
- Admin and Processing Fees: These sneaky charges can add hundreds of pounds to your total cost. Factor them in.
- Annual Mileage: Be brutally honest with yourself. Exceeding your agreed mileage will result in eye-watering penalty charges per mile.
- Contract Length: Are you locking in for two, three, or four years? A longer term usually means a lower monthly payment but a greater total commitment.
Ultimately, finding the cheapest electric car lease in the UK is a strategic hunt, not a lucky find. Use these tools to compare the true total cost of ownership, play them off against each other, and you’ll be driving away in a silent, zero-emission chariot with your bank balance, and your sanity, firmly intact.
Ready to take the next step? Once you've found your ideal lease, you'll need the perfect home charging solution to go with it. VoltsMonster is your go-to resource for comparing the latest smart home chargers, finding government grant information, and connecting with certified local installers. Visit VoltsMonster to ensure your new EV is always ready for the road.














