Towards the end of your car lease, one of our EV Specialists will reach out to you to discuss your options. This article provides a summary of those options. If you are already leasing an EV with the Electric Car Scheme and want a more detailed overview on your options, read this article: Can I purchase the car at the end of the lease?
Return the car to the lessor
You can return the car to the lessor and no longer salary sacrifice.
Upgrade to a new car
You can swap the car and enter a new lease agreement via salary sacrifice. This means you'd be able to continue enjoying hefty savings on an EV! Our EV Specialist team will help you with finding the best car and quote for you.
Buy the car
At the end of the salary sacrifice agreement period, the leasing provider may offer the employee the option to purchase the electric car at a predetermined price. You would need to contact your lease provider to discuss the options available to you. You can contact them here.
Does this apply to subscription cars?
No.