Flexible Electric Vehicle (EV) Finance Options
Are you in the market for an electric car but unsure of the best financing option? Look no further! We are a specialist finance broker, and we can provide you with the perfect finance options for your electric vehicle.
When it comes to electric car finance options, you have a few to choose from. You could opt for a used electric vehicle or a brand-new one. You could pay a deposit and then borrow the balance, use a EV loan to cover the full purchase price, or take out a personal contract purchase (PCP).
The best finance option will depend on your individual circumstances and your financial goals. We can help you work out the best option for you, taking into consideration your budget, the amount of money you want to put down, and the terms of the loan.
How to Finance an Electric Vehicle
If you decide to pay a deposit, you could end up paying less overall on the car and get a lower monthly payment. With an electric vehicle loan, you can pay for the full cost at once and avoid a large initial payment. With a PCP, you can spread the cost over a set period of time and make smaller payments.
No matter which finance option you go for, you can be sure you’ll be getting a great deal on your electric car. We can help you compare quotes from different lenders to find the best rates and terms.
At Pegasus Finance, we are committed to providing the best electric car finance options. Complete an application now and we’ll get you into your car without delay.
Are electric cars more expensive to finance than regular cars?
The answer to this question depends on several factors, including the type of electric vehicle (EV) you are considering and the type of financing you choose. Generally speaking, used EVs can usually be financed for the same rates as regular cars. When it comes to purchasing a new EV, it may be more expensive to finance than a combustion engine vehicle. This is because EVs are typically more expensive due to their complex engineering and technology. However, it is also possible to find great financing deals when buying a new EV, including low deposits and monthly payments. Additionally, a loan can be used to cover the cost of a used or new EV.
Ultimately, the best way to determine the cost of financing an electric car is speak to our experts who will work hard to find you the best options.
