Smart Electric Vehicle Funding That Makes Sense in Today’s Market
At LetsTalk Leasing we now have a sister business LetsTalk Asset Finance that can support your business in all your asset finance funding requirements and to highlight this we we recently supported a UK business in acquiring 6 x used Tesla Model 3s all sourced through our trusted dealer and auction network.
Each vehicle was:
Fully inspected
Below average mileage
Clean and ready-to-go condition
This approach helped the client access electric vehicles quickly, without the premium price tag or delays often associated with new EV orders.
The Funding Structure: Designed to Work for Business
We structured the deal using a Lease Purchase model ideal for businesses looking to manage monthly costs while maintaining flexibility.
Here’s how it broke down:
£315 + VAT/month per vehicle
Low deposit terms
Lease Purchase repayments aligned with real-world depreciation
Eligible for VAT recovery and BIK (Benefit in Kind) tax incentives
This setup delivered meaningful savings, especially compared to leasing brand-new EVs at today’s rates.
Why Used EVs Now Make Even More Sense
With used EV values continuing to adjust, we’re seeing growing opportunities for businesses to secure great value. This is particularly relevant for:
Directors and executive cars
Sales teams covering regional areas
General fleet use where zero-emission mobility is now expected
Going used doesn’t mean compromising on image or tech. Cars like the Tesla Model 3 offer premium features, impressive range and strong brand recognition all while supporting your carbon reduction goals.
Let’s Talk About What Works for You
Whether you’re weighing up Lease Purchase vs. traditional Contract Hire, or simply want to understand the real-world cost benefits of used EVs, our team can help.
We’re happy to share funding comparisons, market insights and real examples to guide your decision-making just like we did for this client.
Are you ready to explore your smart EV options with LetsTalk Asset Finance? - LetsTalk Asset Finance
