Are you looking to finance an electric car PCP financing model? We offer low-rate financing options for a wide range of electric vehicles. We offer quick delivery, competitive rates, and a hassle-free process, making it easy to drive away in your eco-friendly dream car. Get your free, no-obligation quote today.
What is PCP?
Personal Contract Purchase (PCP) is a flexible way to finance your electric vehicle purchase. Instead of paying the full price upfront, you pay an initial deposit (0 deposit also available) followed by fixed monthly payments over an agreed term. These payments cover the depreciation of the vehicle rather than its full value, making it more affordable month-to-month.
With the UK government’s 2030 ban on new petrol and diesel cars fast approaching, now is the perfect time to make the switch to electric. This landmark shift in automation is creating greater demand for electric vehicles and better infrastructure.
We offer competitive rates on electric vehicle financing with a straightforward, customer-focused approach. Our team will help you navigate the options available and find the perfect EV to suit your lifestyle and budget.
Use the following contact form to get your free, no-obligation quote today.
Why Go Electric?
We offer a range of financing options to suit your needs. Our options include low monthly payments, Financing an electric vehicle offers numerous benefits beyond just environmental considerations. It’s the perfect way to discover if an EV fits into your lifestyle without committing to an outright purchase.
With the 2030 ban on new petrol and diesel vehicles on the horizon, making the switch now puts you ahead of the curve. You’ll be familiar with electric driving long before it becomes the only option for new car buyers.
The environmental benefits are substantial. EVs produce zero tailpipe emissions, helping reduce air pollution and your carbon footprint. By choosing an electric vehicle, you’re contributing to cleaner air and a more sustainable future.
Running costs are significantly lower too. Electricity is cheaper than petrol or diesel, meaning you’ll spend less on “fuelling” your vehicle. Electric cars also require less maintenance as they have fewer moving parts than conventional engines, reducing service costs over time.
Many people worry about range anxiety, but modern electric vehicles can travel far on a single charge. Most daily commutes and errands fall well within the range of today’s EVs. For longer journeys, the UK’s rapidly expanding network of superchargers makes recharging quick and convenient. The average EV now offers 250+ miles of range, more than enough for most drivers’ daily needs.
Types of Electric Vehicles
The electric vehicle market has expanded dramatically in recent years, with options to suit every need and budget.
The Audi Q4 e-tron offers luxury and performance in an SUV package, while the BMW i4 combines sleek styling with impressive range. For those seeking affordability, the MG5 EV offers practicality without breaking the bank.
The Polestar 2 brings Scandinavian design and cutting-edge technology, while the Kia e-Niro provides family-friendly versatility. Tesla continues to lead with its popular Model 3 and Model Y, offering superior range and technology.
Not to forget the forever popular Porsche Taycan which offers everything you could want and more!
We can finance any electric vehicle or plug-in hybrid on the market. Get in touch with our friendly team today to find out more about any particular model that interests you.
How Does PCP Financing Work?
PCP financing for electric vehicles follows a straightforward process:
- Use any equity as a deposit for a new EV on a fresh PCP agreement
- Pay an initial deposit, typically 10% of the vehicle’s price, zero deposit if you wanted
- Make fixed monthly payments over an agreed term (usually 2-4 years)
- At the end of the term, choose to:
- Return the vehicle with no further payments
- Pay a final lump sum (the Guaranteed Minimum Future Value) to own the vehicle outright, or re-finance if you wanted to carry on monthly payments
- Use any equity as a deposit for a new EV on a fresh PCP agreement
Why Choose PCP Financing for Your EV?
PCP financing offers several advantages for electric vehicle buyers:
Latest technology – The EV market is evolving rapidly, with improvements in range, charging speed, and features with each new model. PCP makes it easy to upgrade every few years, ensuring you always have access to the latest innovations.
Flexible Lifestyle – PCP gives you options at the end of your agreement, allowing you to adapt to changing circumstances rather than being locked into a long-term commitment.
Avoid depreciation – Electric vehicle technology is advancing quickly, which can affect resale values. With PCP, the finance company takes on the depreciation risk, not you.
Small upfront costs – With no to little initial deposits and monthly payments compared to traditional financing, PCP makes getting into an electric vehicle more affordable.
Why Choose Streamline Car Finance?
We offer access to any electric vehicle or hybrid you may need, with financing options for both individuals and businesses. Our relationships with dealers and manufacturers ensure you get the best terms possible.
We pride ourselves on transparency, with clear terms and no hidden fees. We make financing simple with straightforward paperwork and quick approvals.
Our team provides personalised advice to ensure you get the best deal tailored to your needs. With low monthly payments and various ownership options, we provide unmatched flexibility.
Get In Touch Today
If you’re looking to finance an electric vehicle, get in touch with us today. We have flexible plans, meaning that whatever the vehicle or your financial situation, we can make things work.
Use the contact form below for a free, no-obligation quote. Our team will work with you to find the perfect financing option for your new electric vehicle. Alternatively, give us a call on 0161 968 3449 and speak to one of our experts today.
