Rising fuel prices are pushing more drivers to consider electric cars, with new analysis suggesting switching to an EV on a lease could save more than £1,300 a year compared with a petrol alternative.
Research from the Energy and Climate Intelligence Unit (ECIU) looked at the total cost of leasing and running some of the UK’s best-selling electric cars and compared them with equivalent petrol models. Factoring in monthly lease payments alongside running costs such as fuel or charging, insurance and servicing, the study found average savings of £4,070 over a typical three-year lease – or just over £1,350 annually.
