Looking to finance an electric vehicle? We offer competitive rates and flexible options for your eco-friendly dream car. At Streamline Car Finance, we specialise in making the transition to electric driving smooth, affordable and hassle-free.
Understanding EV Car Finance
EV car finance works similarly to traditional vehicle financing, but with important differences that could save you money. With electric vehicles rising in popularity and 55% of drivers planning to switch to EVs within the next two years, understanding your options has never been more important.
Whether you’re considering your first electric vehicle or upgrading to a newer model, we offer finance options to match your needs. Our competitive rates and quick delivery process mean you can be driving your new EV sooner than you think.
Get your free, no-obligation quote today using our simple form below.
What Financing Options Are Available?
When it comes to financing your electric vehicle, two main options stand out:
Personal Contract Purchase (PCP)
PCP offers flexibility and lower monthly payments:
- Pay an initial deposit (typically 10% of the vehicle’s price)
- Make fixed monthly payments over 2-4 years
- At the end of your term, choose to:
- Return the vehicle with no further payments
- Pay a final lump sum to own the vehicle outright or refinance the agreement
- Use any equity as a deposit for a new EV on a fresh agreement
Electric Car PCP is ideal if you prefer lower monthly costs and want the option to upgrade to newer models regularly as EV technology evolves.
Hire Purchase (HP)
Hire Purchase provides a straightforward path to ownership:
- Pay an initial deposit
- Make fixed monthly payments that cover the full value of the vehicle
- Once final payment is made, you own the vehicle outright
- No mileage restrictions or condition concerns
HP is perfect for those who definitely want to own their electric vehicle at the end of the agreement and prefer a simple financing structure.
Why Get Your EV On Finance?
Many drivers feel nervous about switching to electric, primarily due to range anxiety. Financing an EV lets you experience electric driving without the commitment of an outright purchase. If it doesn’t suit your lifestyle, you can simply return the vehicle at the end of your PCP term.
By driving a EV you are not only helping with your green print, but your being more savvy with your money as typically the cost to run electric cars day to day is significantly less.
With the UK government’s 2035 ban on new petrol and diesel vehicles approaching, now is the perfect time to make the switch. Modern electric vehicles offer impressive range, with most models easily covering 250+ miles on a single charge, more than enough for daily commuting and weekend trips.
Which EV is Right for Me?
Whatever electric vehicle you’re interested in, we can help with financing. Our options cover the full spectrum of EVs:
- Family electric SUVs like the Audi Q4 e-tron or Kia e-Niro
- Executive electric saloons including the BMW i4 and Tesla Model 3
- Affordable options such as the MG5 EV
- Premium electric sports cars like the Porsche Taycan
- Electric vans and commercial vehicles for business use
We also offer electric vehicle financing solutions for businesses looking to transition their fleet ahead of the 2035 deadline, with tax advantages and lower running costs making EVs an attractive proposition for companies.
Why Choose Streamline Car Finance?
When financing your electric vehicle, working with the right partner makes all the difference:
- Freedom to finance any EV or hybrid on the market
- Multiple finance plans tailored to your circumstances
- Competitive rates with no hidden fees
- Quick delivery so you can start enjoying electric driving sooner
- Friendly staff ready to guide you through the options
- Simple paperwork and quick approvals
- Transparency throughout the process
Need a company car finance or business car finance? Our personalised approach ensures you get the best deal tailored to your specific needs, whether you’re an individual buyer or financing a business vehicle.
Deal Of The Week
This week’s deal is a brilliant saving on a Mercedes EQA – 2021.
Deal Type: PCP
Monthly Amount: £326
Term Of Contract: 48 months
Deposit: £1,000
This is a brilliant deal on a full-electric Mercedes-Benz EQA AMG line, with sat nav and camera. If you would like to speak to a member of our team, call 0161 968 3449 or fill in our form using the button below.
Disclaimer: We are a credit broker not a lender. We are authorised and regulated by the Financial Conduct Authority. Registration number: 988683
Get in Touch Today
Ready to make the switch to electric or upgrade your current EV? Get in touch with our team today. We have flexible plans that work with various financial situations and vehicle preferences.
Use our contact form below for your free, no-obligation quote. Our team will work with you to find the perfect financing option for your new electric vehicle.
Alternatively, call us on 0161 968 3449 and speak to one of our EV financing experts today.
Drive away in your dream electric vehicle and join the EV revolution. The future is electric.
