Best Electric Car finance deals - April 2025

If you're looking for electric car finance deals then you've come to the right place. We've rounded up the best PCP deals on EVs the market has to offer.

Electric cars continue to grow in popularity. But with question marks over long term battery life, opting for a finance deal rather then buying an electric car could be a sensible option, at least in the short term. 

Despite concerns over range and charger availability, running an electric car really does make sense for a lot of drivers. Yes, you may need to think about how an EV will fit into your life, but provided you plan carefully and charge when rates are cheapest, electric car running costs are extremely low. Maintenance costs are generally affordable too, thanks to an electric car having fewer moving parts. 

However, as with any relatively new technology, it’s wise to retain a certain amount of scepticism when considering driving an electric car. Be it batteries, motors or chargers, the technology involved is evolving very quickly, meaning current tech could be rendered out of date in double-quick time.

In order to shield yourself from some of the depreciation this might cause, an electric car finance deal could be the perfect solution.

Find a great PCP deal and you'll benefit from affordable, predictable monthly payments and the ability to just give the car back at the end of the agreement, with nothing else to consider, if driving electric isn't for you. However, if you do find that an EV fits right into your life, you have the option to either pay the optional final amount and own the car, or upgrade to a new model.

After more deals on new cars? Check out our round-up of all the best new car deals around. 

Best Electric Car PCP Deals

Here's our list of the best EV PCP deals being offered by carmakers right now. We've also highlighted certain deals on specific electric car models that caught our eye.

Alpine

  • The new Alpine A290 range starts at £345 a month at 2.9% APR on a 48-month deal with a £1000 deposit contribution

  • Find out more on these deals

Audi

  • Deposit contributions include the Audi Q6 SUV e-tron (£7800), Audi A6 Avant e-tron (£7000), Audi Q4 e-tron (£10,525), Audi S e-tron GT (£9975) and Audi A3 Sportback TFSI e (£5810)
  • The e-tron deals include a free Ohme home charger worth £999 or an extra £500 discount

  • Find out more on these deals

PCP Deal: Audi Q4 e-tron Sport 45

£475 a month: 4 year PCP at 6.9% APR with £10,525 deposit contribution

The Audi Q4 e-tron was runner up to the Tesla Model Y as the UK's most popular EV in 2024. And it's not hard to see why, thanks to the Q4's seriously impressive, well-equipped and spacious interior, decent electric range and choice of different powertrains.

This Q4 e-tron PCP deal includes a decent 10,000 miles per year limit and healthy deposit contribution. Plus you can choose between a free Ohme home charger worth up to £999, or get £500 extra off the list price and OVO Energy customers get the equivalent of 30,000 free miles of charging over three years.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£7787 47 x £475 (£22,325) £18,364 £48,485 10,000 30th June 2025

 

BMW

  • BMW has a range of sales offer discounts, including the BMW 530e M Sport (£2000), BMW i4 M50 (£6126) and BMW 750e xDrive M Sport (£8591)

  • Find out more on these deals

BYD

  • PCP deals include the BYD Dolphin starting at £279 a month with 0% APR, a £279 customer deposit and £1,300-£1,600 dealer discount
  • The BYD Atto 3 starts at £399 a month with 0% APR, £399 down, a £3,100 deposit contribution and a £1,800 dealer discount
  • The BYD Seal U DMi starts at £349, the BYD Seal starts at £479 and BYD Sealion 7 starts at £489 a month

  • Find out more on these deals

Citroen

  • The Citroen e-C3 starts from £339 with a £339 deposit and £884 deposit contribution, the Citroen e-C3 Aircross starts from £359 with a £359 deposit and £152 deposit contribution and the Citroen e-Berlingo is £475 a month with £475 down and a £2358 deposit contribution

  • Find out more on these deals

PCP Deal: Citroen e-C3 Plus 83kW with 44kWh battery

£339 a month: 4 year PCP at 5.9% APR with £884 deposit contribution

The Citroen e-C3 is one of the most affordable new electric cars, and has plenty to recommend it. Capable of just under 200 miles on a charge, it's well equipped, comfortable and spacious. It's well worth a look with this deal, thanks to the low £339 customer deposit required, low-ish 5.9% APR and £884 deposit contribution to help keep the monthly payments affordable.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£339 47 x £339 (£15,933) £8345 £25,501.03 8000 30th June 2025

 

Cupra

  • Cupra has 0% APR PCP and £4500 towards your deposit available on the Cupra Born EV, and 1% APR on £1750 towards your Cupra Tavascan

  • Find out more on these deals

Dacia

  • The Dacia Spring is 0% APR over 48 months with £1000 deposit contribution and three years' servicing for £99

  • Find out more on these deals

Fiat

  • The Fiat 500e has 0% APR on PCP plus a £500 Spring Electric Saving, the Fiat 600e has a £500 Spring Saving, and the Fiat 600 Hybrid has a £650 deposit contribution
  • These models are available on 60-month conditional sale with 0% APR with a minimum 40% deposit. The EVs get a £500 Spring Saving, too

  • Find out more on these deals

Ford

  • The Ford Explorer has a £3000 deposit contribution and 0% APR over three years, the Ford Capri (£3000 and 0% APR), Ford Mustang Mach-E (£7500 discount and 0% APR) and Ford Puma Gen-E (0% APR) also have offers

  • Find out more on these deals

PCP Deal: Ford Puma Gen-E Premium

£463 a month: 2 year PCP at 0% APR

The Ford Puma has been the UK's best-selling car for the last couple of years, and now there's another reason to consider Ford's small SUV - an electric powertrain. The Puma Gen-E is currently available on a two-year 0% APR PCP deal, and all models also get Ford's Power Promise, which has been running in the US for some time.

In the UK, the Power Promise means you get a free home charger with the equivalent of 10,000 miles charging credit, plus five years' free servicing and breakdown cover. The Power Promise is available with new Ford Explorer, Capri and Mustang Mach-E models, too.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£5439.15 24 x £462.99 (£11,111.76) £15,444 £31,995 6000 30th June 2025

 

Genesis

  • The Genesis GV60 is available from £444 a month with a £5000 deposit contribution and 1.9% APR, although the customer deposit required is a hefty £15,000
  • Genesis G80 Electric models have £3000 deposit contributions, while petrol G80 models get £2000 off

  • Find out more on these deals

GWM

  • The GWM Ora starts at £299 a month on a 48-month PCP deal, and deposit contributions range from £400-£1050
  • Find out more on these deals

Honda

Hyundai

  • Deposit contributions include the Hyundai Kona Electric and Hyundai Inster (£1000), Hyundai Ioniq 5 and Hyundai Ioniq 6 (£2000)
  • The Hyundai Inster, Hyundai Ioniq 5 and Hyundai Ioniq 6 are 0% APR

  • Find out more on these deals

Kia

  • Kia is offering zero deposit PCP on all models, plus £1500 towards the Kia Niro EV and £2000 towards the Kia EV6, and all EVs get a year of Kia Charge Plus discounted charging included

  • Find out more on these deals

Leapmotor

Lexus

Mercedes-Benz

  • Mercedes PCP discounts include the Mercedes A250e (£2000), Mercedes EQE Saloon (£9500) and Mercedes EQS Saloon (£9999)

  • Find out more on these deals

MG

  • The MG4 starts at £169 per month, the MG HS PHEV starts at £239, the MGS5 starts at £279 and the MG4 XPOWER starts at £279, all with 0% APR
  • Find out more on these deals

MINI

  • Deposit contributions include the MINI Cooper Electric (£500), MINI Countryman (£750) and MINI Aceman (£1250)

  • Find out more on these deals

Nissan

Omoda

Polestar

  • The Polestar 2 and Polestar 4 are 0% APR and £2000 off single motor models and £3000 of dual motor variants
  • The Polestar 3 is 0% APR and £4000 off dual motor models

  • Find out more on these deals

Renault

  • The new Renault 5 is 0% APR over two years or 3.9-5.9% APR and up to £500 deposit contribution over four years. The Renault Megane E-Tech (up to £2000) has 0% APR and the Renault Scenic E-Tech (up to £1750) is 2.9% APR over 48 months

  • Find out more on these deals

PCP Deal: Renault 5 E-Tech Evolution 40kWh Urban Range

£169 a month: 2 year PCP at 0% APR

The Renault 5 has just been crowned Car of the Year, thanks to its combination of retro-futuristic looks, electric powertrain and the dynamic but comfortable driving experience it offers. Renault offers a two-year 0% APR offer, which applies to all models. There is also a four-year PCP deal with up to a £500 deposit contribution. Opt for the smaller 40kWh urban range battery and APR is set at 3.9%, while models with the larger 52kWh comfort range battery are 5.9% APR.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£6899 24 x £169 (£4368) £12,037 £22,995 6000 30th June 2025

 

Skoda

  • The new Skoda Elroq and facelifted Skoda Enyaq are 0% APR over 36 months or have a £3000 contribution at 6.9% over 48 months

  • Find out more on these deals

Smart

  • Smart is currently offering the Smart #1 Pro+ electric SUV with a £2000 discount and 0% APR on PCP, making monthly payments £399 over 48 months with a £399 deposit

  • Find out more on this deal

Subaru

  • Subaru currently has deposit contributions on the Subaru Outback (£1000), Subaru Solterra EV (£1500), and Subaru Crosstrek (£2000) when financed with PCP

  • Find out more on these deals

Tesla

  • The facelifted Tesla Model Y SUV is available from £399 with a £6100 deposit and 2.9% APR. Deliveries start in June
  • The Tesla Model 3 starts from £416 per month with £6950 deposit at 2.9% APR

  • Find out more on these deals

Toyota

Vauxhall

  • Opt for electric and deposit contributions include the Vauxhall Corsa Electric (£500-£2000), Vauxhall Frontera Electric (£1000) and Vauxhall Mokka Electric (£1500-£3000)

  • Find out more on these deals

Volkswagen

  • The electric VW ID.3 (£2500), VW ID.4 (£4000), VW ID.5 (£3500) VW ID.7 (£1000) are available with 0% APR over 36 months. Deposit contributions are £6000, £7000, £7000 and £2000 respectively on a 48-month term at 5.9% APR

  • Find out more on these deals

PCP Deal: Volkswagen ID.3 Pro Match 52kWh 170PS

£286 a month: 3 year PCP at 0% APR with £2500 deposit contribution

The freshened up Volkswagen ID.3 is now available in Match spec, which we've chosen to feature here. There are two PCP deals available on all ID.3 models. There's a four-year option that requires a £4833 deposit and costs £308 a month. This deal includes a £6000 deposit contribution and APR is set at 7.9%. There's also a 0% APR deal over 36 months, which we've detailed below.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£6444.20 47 x £286.02 (£15,062.56) £13,442.94 £32,220 10,000 30th June 2025

 

Volvo

What are the benefits of buying an electric car on finance?

Aside from the environmental benefits, lower running costs and lower tax associated with EVs, taking out a PCP deal on an electric car gives you flexibility. For a relatively affordable deposit - often covered at least partially if you have a car to trade-in - and fixed monthly payments - you get to try the EV life for size.

If, at the end of your deal, you're not convinced, you can simply give the car back, or use the equity against a new PCP deal on a car that might better fit your needs. If it turns out the EV is a great fit, a PCP also gives you the option of being able to buy the car outright and continue motoring for many happy miles to come.

What are the negatives of buying an electric car?

Wider concerns about running an EV, particularly as your only car, are well documented. But aside from range anxiety and charger drama, many electric drivers report being pleasantly satisfied with the results of making the electric switch.

As new technology, electric vehicles currently cost significantly more than their ICE-powered counterparts. And that means higher upfront costs like initial deposits, and higher monthly payments than a petrol or diesel equivalent. However, some of this cost is clawed back through cheaper running costs, while many EV deals have significant incentives, like large deposit contributions, 0% APR and discounted home chargers to encourage you to plug in. 

Another consideration is early termination of your PCP agreement. This is an issue regardless of how your car is powered, but if the EV life really doesn't suit you, paying to terminate a PCP early can be an expensive business. As ever, it pays to be informed of any and all costs before you sign the deal.

How do PCP prices for EVs and non-electric cars compare?

As they tend to be loaded with the latest technology and packed with very expensive batteries, electric vehicles tend to be priced considerably higher than their petrol and diesel powered counterparts - for now at least. However, as the car industry sees electric cars as the future, in the shorter term there are some very affordable deals to tempt you into going electric.

It's also worth considering your overall running costs should be much lower if you finance an EV, as you won't be paying for fuel any more, tax rates are lower, ULEZ or other clean air zones are no longer a worry, and you'll be making a small contribution to lowering emissions, too.

Can I still get a home charging point even with a finance deal?

Yes, many carmakers even offer a range of charging points or discounted installation as part of their deals, and these can qualify for a government grant. As long as you own a flat with off-street parking, you can get up to 75% of the unit and installation costs covered, up to a maximum £350 including VAT. Sadly, single occupancy houses and bungalows aren’t covered by the scheme.