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Leasing company: which one to choose for an electric car?

car leasing company

The electric car is a sustainable and economical mobility solution. Its growing success is attracting more and more French people. If you're thinking of adopting an electric car, leasing may be an interesting option to consider. Leasing allows you to rent an electric car for a set period of time, for a fixed monthly fee.

But how do you choose the right leasing company? It can be difficult to decide which leasing company is right for you. But don't worry, you've come to the right place. Beev, the electric car leasing company, and its experts will help you make the right choice.

In this article, we'll explain how to choose the right leasing company for your electric vehicle.

Table of contents

Choosing the right company for your electric car: a strategic investment in your daily life

In this section, we'll explain how to choose the right leasing company for your electric car, providing you with the criteria to consider, the benefits of choosing a good company, and the pitfalls to avoid.

What criteria should you take into account when choosing a leasing company?

Leasing an electric car is a very attractive solution for those who want to enjoy the benefits of this type of vehicle without having to bear the purchase cost, which is still higher than for traditional combustion-powered cars.

Here are the main criteria to consider when choosing a leasing company:

First, there's the range of vehicles on offer. The leasing company must offer the car you want for your lease.

Beev offers you a wide range of choices to suit your needs, providing you with a multitude of solutions.s.

Choice of electric car Details
From €780/month, 48-month long-term rental, 40,000 km included, no downpayment, no increased 1st rental charge
From €592/month 48-month long-term lease, 10,000 km included no down payment no additional 1st rent
From €527/month, 48-month long-term rental, 40,000 km included, no deposit, no increased 1st rental charge
From €1,556/month, 48-month long-term lease, 40,000 km included, no downpayment, no increased 1st rental charge
From €578/month, 48-month long-term lease, 40,000 km included, no deposit, no increased 1st rental charge
From €880/month, 48-month long-term lease, 40,000 km included, no deposit, no increased 1st rental charge

⇒ And plenty of choice to discover here: Beev, electric car leasing company

Secondly, there is the criterion of contract conditionsThe leasing contract must be transparent and easy to understand. It must clearly specify the amount of the lease payments, the duration of the contract, the authorized mileage and the cancellation conditions.

  • Is it difficult to terminate a long-term leasing contract?

Long-term leasing is the easiest contract to terminate: the lessee can break the contract of any kind, and it's not uncommon for lessees to fail to see their lease through to the end. Reasons for premature termination are often common, such as a withdrawal of license or loss of employment.

However, tenants may also decide to terminate their long-term rental contract for a variety of other reasons. These reasons may be personal, such as repayment of a bank loan, marriage, moving house or a road accident. They may also be professional, economic (such as bankruptcy or liquidation) or even legal, such as incarceration.

  • Can a LOA lease be terminated?

You can cancel an LOA lease, but you'll have to pay a one-off indemnity, such as the Indemnité de Restitution Anticipée (IRA). What's more, as soon as you sign the contract, you have a 14-day cooling-off period with the lending institution. A model document is available to facilitate the withdrawal process.

The third criterion is reputation of the company, an element which is very important to consider when choosing an electric car leasing company.

 

Here are a few points to consider regarding the leasing company's reputation:

 

  • Reliability: A reputable company is often synonymous with reliability. It honors its contractual commitments and offers consistent, high-quality service to its customers.
  • Customer reviews: Reviews and testimonials from other customers can provide valuable insight into the experience with the company. Online platforms and social networks can be useful sources of information.

 

⇒ You can view Beev customer reviews on Trustpilot, We value your opinion. Don't hesitate to share it : Beev customer reviews

 

  • Quality customer service is a key element of any company. It is characterized by the ability to answer questions quickly, resolve problems efficiently and treat customers with respect and courtesy.
  • Price and transparency: A reputable company stands out for its transparency when it comes to prices, fees and conditions. It's important to understand all the costs involved before making a commitment.

The consequences of choosing the wrong electric car leasing company

When it comes to choosing a leasing company for an electric car, the implications of an erroneous decision can be significant, for both private individuals and professionals. A multitude of factors come into play, from hidden costs to inadequate customer service.

In this fast-changing environment, inappropriate choices can lead to financial problems, frequent mechanical inconveniences and unforeseen legal hurdles. 

 

Mistakes in the choice of leasing company can not only have an impact on the budget, but also disrupt the driving experience and create administrative hassles.

 

For individuals, the consequences of choosing the wrong electric car leasing company can include:

 

  • Higher monthly costs than expected Some leasing companies offer better deals than others. It's important to compare offers from several companies before taking out a leasing contract.
  • Hidden charges Some leasing companies may charge additional fees, such as administration costs, commissioning costs or costs for reconditioning the vehicle at the end of the contract. It's important to read the leasing contract carefully before signing it, to be aware of all associated costs.
  • Poor customer service If you have a problem with your vehicle, you'll need to contact the leasing company for help. It's important to choose a leasing company that offers good customer service.

For professionals, the consequences of choosing the wrong electric car leasing company can include:

  • A waste of time and money If you have problems with your vehicle, it can cost you time and money. It's important to choose a leasing company that offers quality service and is able to resolve problems quickly.
  • Loss of productivity If your vehicle breaks down, you may be unable to work. It's important to choose a leasing company that offers a vehicle replacement service in the event of breakdown.
  • Loss of reputation If you have problems with your vehicle, it can damage your company's reputation. It's important to choose a leasing company that is reliable and offers quality service.

How to avoid the pitfalls of choosing the wrong electric car leasing company?

There are pitfalls to be avoided when choosing an electric car leasing company. In fact, some companies offer contracts that are not very transparent, or offer abusive termination conditions.

In this section, we offer some advice on how to avoid the pitfalls of choosing the wrong electric car leasing company.

  • A non-transparent contract: it's important to read the leasing contract carefully before signing. This document must specify all the elements of the contract, including the amount of the monthly instalments, the duration of the contract, the cancellation conditions, etc.
  • Abusive termination conditions: some leasing companies charge very high termination fees. It is therefore important to read the terms and conditions carefully before signing the contract.
  • An electric car not adapted to your needs: it's important to choose an electric car that matches your needs in terms of size andrange.
  • Compare offers: Before signing a contract, compare offers from several leasing companies. This will help you find the offer best suited to your needs and budget.
  • Read customer reviews: before signing a contract, read customer reviews of the leasing company. This will give you an idea of the quality of their services.

To find out more about the pitfalls to avoid when choosing a leasing company, we invite you to read this article: Top 6 mistakes to avoid when leasing electric cars for your company

Electric car leasing: an ecological and economical solution

The energy transition is one of the major challenges facing our Beev society. To reduce our dependence on fossil fuels and combat climate change, we need to develop renewable energies and promote electric vehicles.

Indeed, electric car leasing is a solution that offers numerous advantages, both environmentally and economically.

The ecological benefits of leasing electric cars :

Electric cars are cleaner than petrol or diesel cars. They emit no greenhouse gases or atmospheric pollutants.

Leasing helps to reduce the environmental impact of an electric vehicle, as it allows you to change cars more frequently. In fact, electric vehicle technology is evolving rapidly, and recent models are generally more efficient and environmentally friendly than older models.

The economic benefits of leasing electric cars :

Electric car leasing is an interesting economic solution, as it allows you to benefit from a recent vehicle without having to pay the full cost.

We recommend the most advantageous type for you: Long-term leasing

In 2023, more than 50% of companies will be using long-term leasing (LLD), making it the preferred financing method in the business world.

Source: percentage of companies Electric car leasing

Electric car leasing: more expensive or cheaper than combustion?

On April 4, 2022, the IPCC sounded the alarm on global warming. According to its report, it is essential to limit the rise in temperatures to less than 1.5°C.

It is therefore urgent to act before 2025, to avoid disastrous consequences.

One of the main causes of global warming is the use of combustion-powered vehicles, which pollute the air. To combat this phenomenon, the European Parliament decided on June 8, 2022 to ban the production and sale of new internal combustion engine cars by 2035.

So, is an electric car an economical choice? The answer is yes, but it depends on a number of factors.

The choice between an electric and a combustion car depends on a number of factors, including your specific needs, your budget and your geographical location.

Considering not only initial costs, but also operating costs, tax incentives, depreciation and maintenance costs is crucial to making an informed decision.

Don't forget that the future of the automotive industry is electric, with constant advances in battery technology and recharging infrastructure. Switching to an electric car can not only be economically advantageous in the long term, but can also make a significant contribution to reducing your personal carbon footprint.

When considering the initial leasing costit's crucial to compare initial leasing costs between electric and combustion-powered cars. Electric cars tend to be more expensive to buy, but is this also the case for leasing?

According to some sources, the initial cost of leasing an electric car can be higher than that of a combustion-powered car. However, the difference can vary depending on the model and the specific offers from dealers.

Find out more : Cost of leasing electric cars

When it comes to day-to-day operating costselectric cars offer substantial energy savings. The cost of charging an electric car is often lower than the fuel costs of a combustion car, which can lead to significant savings in the long term. However, it is important to consider specific models and individual driving habits to accurately assess these savings.

In terms ofincentives and tax benefitselectric cars are often favored by governments through various incentive programs. These benefits can make leasing an electric car more financially attractive, offering tax deductions and other tax incentives to electric car drivers.

Finally, considering the car depreciation and maintenance and repair costselectric cars generally have fewer moving parts and require less maintenance than combustion-powered cars. However, it is essential to take into account the maintenance costs specific to each model for an accurate comparison.

Leasing or leasing an electric car: which option should you choose?

To help you make your choice, we've put together a table comparing the two purchasing methods.

Lease with purchase option (LOA) Long-term leasing (LLD)
Input
Yes
No
Kilometric cap
Yes
Yes
Possibility of buying back the vehicle at the end of the contract
Yes
No
Right of withdrawal
14 days
No
Insurance
At the tenant's expense
At the tenant's expense
Maintenance
At the tenant's expense
Included
Assistance
At the tenant's expense
Included
Restoration costs at the end of the contract
No
At the tenant's expense

But which one to choose?

Choosing between a LLD and a LOA for an electric car depends on your profile and your needs.

If you drive a lot, the electric car leasing is generally the best solution. Maintenance is included in the contract, which can save you money. What's more, you don't have to worry about reselling the vehicle, as its residual value will be low.

If you don't drive much, the LOA electric car may be a better option. You'll be responsible for maintenance, but your budget will be limited. What's more, you'll find it easier to resell a vehicle that has been driven less.

The charging station that will take you to the next level: which one to choose?

The market for charging stations for electric vehicles is booming. Numerous models are available, with varying features and prices. So it can be difficult to make the right choice.

We'll show you the different types of charging stations available, and the criteria you need to take into account when making your choice.

Here are the different types of charging stations available:

  • Home charging stations: These stations are designed for installation in the home. They are generally less powerful than public charging stations.
  • Public charging stations: these are available in public places, such as parking lots, service stations and shopping centers. They are generally more powerful than home charging stations.
  • Fast-charging stations: these stations enable an electric vehicle to be recharged in just a few minutes. They are generally available on freeways and in urban areas.

 

In this table, you'll find the 10 best charging stations for 2023.

Models Connected Load shedding Max. power Unlocking with RFID badge Consumption monitoring Value for money /10
Wallbox Copper SB
yes
yes
22 kW
yes
yes
10/10
Circontrol eHome
no
yes
22 kW
no
no
10/10
Wall Connector Tesla
yes
no
22 kW
no
no
10/10
Green'up - leg - 059003 Legrand
yes
no
4.6 kW
no
yes
8/10
P30 Series A Keba
yes
yes
7.4 kW
yes (optional)
yes
7,5/10
P30 98137 b-series-Keba
yes
no
22 kW
yes
yes
8/10
eNext S - Circontrol
yes
yes
7.4 kW
no
no
8,5/10
EVlink Smart - Scheinder
yes
yes
22 kW
yes
no
8/10
Witty - XEV101 - Hager
no
yes (optional)
7.4 kW
yes (with option)
no
8,5/10
ELVI - Evbox
yes
yes
22 kW
yes
yes
8/10

We invite you to watch this YouTube video.

Conclusion

Choosing an electric car leasing company is an important decision that needs to be taken with care. Leasing is a financing solution that lets you enjoy the benefits of an electric car without having to pay the purchase price.

To choose the right leasing company, it's important to consider a number of criteria, including the range of vehicles offered, the terms of the contract and the company's reputation.

Beev, the electric car leasing company, offers you a wide range of choices to suit your needs, providing you with a multitude of solutions. Our leasing contracts are transparent and easy to understand, with attractive termination terms.

Beev is one of the best leasing brokers according to customer reviews who testify to our reliability and the quality of our services.

Would you like to make the switch to electric with complete peace of mind? Contact us today for a free quote! 

Lease an electric car

Would you like to lease an electric car? Beev offers you 100% electric cars at negotiated prices, as well as recharging solutions.

Picture of Imane BENSALAH
Imane BENSALAH

Explore the sustainable mobility revolution with me through my articles on electric vehicles. Make the switch to electric vehicles for eco-friendly, high-performance driving. Ready for change? I'll help you make the transition to greener driving!

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