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Why right now could be the perfect time to lease an electric car

Electric cars may look expensive when you see how much they cost to buy when compared with petrol or diesel equivalents. But leasing an electric car could cost the same or even less than comparable cars. carwow has scoured its leasing section to see how leasing an electric car adds up.

Electric car for under £300 a month

Nine-month initial payment, 8000 miles a year on a 24-month contract

Electric car: VW e-Golf

What is it? As it says on the tin… electric version of the standard Golf. VW has cut the prices of the e-Golf recently aiming to tempt customers into an electric car now, rather than waiting for the all-new ID.3 which is coming next year.

Monthly charging costs about £20

Approx leasing + fuel costs over two years £7539

Petrol car: VW Golf 1.5 TSI EVO 150 DSG Match

What is it? The standard go-to engine/trim combination if you want a petrol Golf. 

Monthly fuel costs about £70

Approx leasing + fuel costs over two years £8212

Diesel car: VW Golf 2.0 TDI DSG Match

What is it? As above… except with a 2.0-litre diesel engine.

Monthly fuel costs about £60

Approx leasing + fuel costs over two years £9440

Electric car for under £400 a month

Nine-month initial payment, 8000 miles a year on a 24-month contract

Electric car: Tesla Model 3 Auto Standard Plus

What is it? Fast, stylish electric saloon car with lots of high-tech kit and minimalist interior. 

Monthly charging costs about £23

Approx leasing + fuel costs over two years £12,092

Petrol car: Audi S3 Saloon 

What is it? Quick saloon car that can beat the performance of the Model 3.

Monthly fuel costs about £93 

Approx leasing + fuel costs over two years £18,441

Diesel car: BMW 3 Series 330d Auto Sport 

What is it? One of the best cars of its kind around – with a powerful and smooth diesel engine, with performance on a par with the Tesla.

Monthly fuel costs about £72

Approx Leasing + fuel costs over two years £17,782

Electric car for under £500 a month

Nine-month initial payment, 8000 miles a year on a 24-month contract

Electric car: Jaguar I-Pace S

What is it? Electric SUV that feels sporty to drive and luxurious inside.

Monthly charging costs about £36

Leasing + fuel costs over two years £14,660

Petrol car: Jaguar E-pace 2.0 200 Auto R Dynamic

What is it? Equivalent Jaguar SUV if you don’t want petrol rather than electric power.

Monthly fuel costs about £111 

Leasing + fuel costs over two years £17,012

Diesel car: BMW X4 2.0d M Sport auto

What is it? Smart German SUV with swoopy, coupe-like profile.

Monthly fuel costs About £71

Leasing + fuel costs over two years £15,347

The prices shown above are correct at the time of publishing. The fuel costs are indicative of how much fuel it would take to drive 666 miles a month (8000 miles a year) using average mpg figures. We’ve estimated 13p per kWh as an average cost of electricity, £1.29 a litre for petrol and £1.32 a litre for diesel.

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