Electric car finance
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We’re a credit broker not a lender. Rates from 8.9% APR. Representative APR 11.9%
Representative Example: Borrowing £25,000 over 4 years with a representative APR of 11.9%, an annual interest rate of 11.9% (Fixed) and a deposit of £5000.00 the amount payable would be £362.01 per month, with a total cost of credit of £7,376.69 and a total amount payable of £17,376.69. Based on 6,000 miles per annum, excess mileage charges will apply if this is exceeded. Finance subject to status 18+ only.
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What is Electric car finance?
Car finance is a common alternative to purchasing your next car outright and involves an agreement with a lender to pay over an agreed time period.
Electric car finance offers financing options specifically tailored to the purchase of electric vehicles (EVs), supporting the transition to cleaner and more sustainable transportation.
Your payments can depend upon what car you decide to purchase, how long you wish to purchase it over, whether you wish to own the car, and how much you wish to pay upfront.
Why Choose Electric car finance?
Here at Fast Easy Finance, we’re committed to transforming lives, quickly and with no hassle. With a dedication to excellence and a commitment to unparalleled customer satisfaction, here`s why you should choose us:
What is electric car finance?
-Electric car finance offers financing options specifically tailored to the purchase of electric vehicles (EVs), supporting the transition to cleaner and more sustainable transportation.
How does electric car finance work?
-Electric car finance works similarly to traditional car finance, but with specialised financing options designed for electric vehicles, potentially including incentives or rebates for EV purchases and financing terms tailored to EV ownership.
What are the benefits of electric car finance?
-Benefits of electric car finance include access to financing options specifically tailored to electric vehicles, potential incentives or rebates for EV purchases, and financing terms designed to support EV ownership and sustainability goals.
What are the drawbacks of electric car finance?
-Drawbacks of electric car finance may include higher upfront costs compared to conventional vehicles, limited availability of EV financing options depending on the lender or region, and potential concerns about battery life and depreciation.
What are the different types of Car Finance?
We appreciate there are many different types of Car Finance products for you to choose from, and knowing which one meets your needs best is the key to happy financing. See a few of the different types below.
Hire Purchase (HP)
The loan is secured against the car, and you don't own it until you've reached the end of your agreement and paid the ’Purchase' fee.
A deposit may be needed but there would typically be no annual mileage restrictions.
Personal Contract Purchase (PCP)
The loan is secured against the car, but you don't own the car when the loan term ends.
Instead, you can choose to give it back, use any positive equity as a deposit in a new deal, or buy the car by paying the balloon payment.
Hire Purchase (HP)
The loan is secured against the car, and you don't own it until you've reached the end of your agreement and paid the ’Purchase' fee.
A deposit may be needed but there would typically be no annual mileage restrictions.