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Best Electric Car finance deals - September 2025

If you're looking for electric car finance deals then you've come to the right place. From 0% APR to big deposit contributions and more, we've rounded up the best PCP deals on EVs the market has to offer.

Fancy driving a new electric car but don't want to take the risk when it comes to depreciation? A PCP finance deal could be worth considering as you can choose whether to own the car at the end of the agreement.

Electric cars are getting more and more popular, with sales records falling on a monthly basis. Switching to an EV might require some thought, but provided you plan carefully and charge when rates are cheapest, electric car running costs are extremely low and life with an electric car could well be far simpler than you thought.

To help you make the switch, there are plenty of great PCP deals on offer, including 0% finance, generous deposit contributions and other incentives like discount servicing packages. Sign up for one and you'll benefit from affordable, predictable monthly payments and the ability to just give the car back at the end of the agreement, with nothing else to consider, if driving electric isn't for you.

There's also the government's Electric Car Grant to consider, which includes a discount of up to £3750 off the OTR price of new EVs that cost less than £37,000. The list of cars which are eligible for this scheme is growing all the time as new EVs are certified. Full details are available here.

However, if you do find that an EV fits right into your life, you have the option to either pay the optional final amount and own the car, or upgrade to a new model.

After more deals on new cars? Check out our round-up of all the best new car deals around. 

Best Electric Car PCP Deals

Here's our list of the best EV PCP deals being offered by carmakers right now. We've also highlighted certain deals on specific electric car models that caught our eye.

Fiat E-Grant

  • Fiat has resurrected its E-Grant, this time in the form of a £1500 discount on the OTR prices of the Fiat 500e and Fiat 600e
  • The Fiat 500e starts from £25,035 or £299 a month with 0% APR and the Fiat 600e from at £30,035 or £367 a month
  • The Fiat E-Grant runs to 30 September

  • Find out more on this deal

GWM Green Grant

  • The GWM Ora starts at £199 a month on a 48-month PCP deal with 0% APR. All models get a £3750 GWM Green Grant which mirrors the maximum saving offered by the government's Electric Car Grant

  • Find out more on these deals

Hyundai Electric Grant

  • The Hyundai Inster (£3750), Hyundai Kona Electric, Hyundai Ioniq 5, Hyundai Ioniq 6 and Hyundai Ioniq 9 (£1500) get Hyundai grants equivalent to the UK government's Electric Car Grant
  • Runs until 30th September
  • Find out more on these deals

Leapmotor Leap Grant

  • The Leapmotor T03 starts at £169 a month and now includes a £1500 Leap grant, which matches the UK government's EV Grant
  • The Leapmotor C10 starts at £319 a month and gets £3750 off to match the UK EV Grant saving
  • Runs until 30th September
  • Find out more on these deals

MG EV Car Grant

  • MG is offering MGS5, MG4 and MG4 XPOWER buyers a £1500 EV Car Grant saving to match the UK government Electric Car Grant

  • Find out more on this deal

Skoda Electric Car Grant Guarantee

  • £1500 Skoda Electric Car Grant Guarantee ensures buyers get discount equivalent to government Electric Car Grant
  • Skoda Elroq SE, SEL, Edition or SportLine and Skoda Enyaq SEL, Edition or SportLine 85 models qualify for discount
  • £1500 guarantee available until 21st September

Skywell EV Switch Incentive

  • The Skywell BE11 includes a £6000 deposit contribution, plus now adds an extra £3750 EV Switch Incentive discount off the car's on the road price, to mirror the maximum available from the government's Electric Vehicle Grant
  • Runs until 30th September
  • Find out more on this deal

Smart £1500 Electric Car Grant

  • Smart is currently offering the Smart #1 with a £2000 deposit contribution, or £3000 for the Brabus model, plus a £1500 Smart Electric Car Grant, and 0% APR on PCP, making monthly payments start at £325 over 48 months
  • Runs until 30th September

  • Find out more on this deal

Suzuki Granted

  • The Suzuki e Vitara now includes a £3750 Suzuki Granted discount to mirror the maximum available from the government's Electric Vehicle Grant. Available until 31st December

  • Find out more on this deal

Volkswagen Electric Car Grant Guarantee

  • £1500 VW Electric Car Grant Guarantee ensures buyers get discount equivalent to government Electric Car Grant
  • Eight VW ID.3 models officially qualify for £1500 Electric Car Grant
  • VW ID.4 Match 52kWh and Match and Black Edition 77kWh models included in guarantee offer
  • £1500 guarantee available until 21st September

Best electric car finance deals A-Z

Abarth

  • The Abarth 600e is available on 60-month conditional sale at 0% APR with a minimum 40% deposit and £1850 deposit contribution or PCP with a £1850 deposit contribution and £1500 Abarth E-Grant
  • The Abarth 500e is available as above with a £450 deposit contribution and a £1500 Abarth E-Grant

  • Find out more on these deals

Alfa Romeo

  • The Alfa Romeo Junior Ibrida is 0% APR with a 20% deposit making it £233 a month over 24 months.
  • The Alfa Romeo Junior Elettrica range gets a £1500 Alfa Romeo Electric Car grant
  • Find out more on these deals

Alpine

  • The new Alpine A290 range starts at £345 a month at 2.9% APR on a 48-month deal with a £1000 deposit contribution

  • Find out more on these deals

Audi

  • Deposit contributions include the Audi A6 Avant e-tron (£6550), Audi Q4 e-tron (£7750) and Audi A3 Sportback TFSI e (£4500)
  • The e-tron deals include a free Ohme home charger worth £999 or an extra £500 discount

  • Find out more on these deals

PCP Deal: Audi Q4 e-tron S Line 40

£509 a month: 4 year PCP at 6.9% APR with £7750 deposit contribution

The Audi Q4 e-tron is Audi's take on the Volkswagen ID.4 and Skoda Kodiaq, and features a great interior and solid electric range. This deal includes a generous £7750 deposit contribution, and buyers can choose between a free Ohme home charger worth up to £999, or an extra £500 off. There's also a credit for the equivalent of 30,000 free miles of charging over three years if you're an OVO energy customer.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£7625 47 x £509 (£23,923) £17,560 £49,118 10,000 30th September 2025

 

BMW

  • BMW has sales offer discounts on its i range of electric cars, including the BMW iX1 xDrive30 (£6078), BMW iX2 xDrive30 (£6148), BMW i4 M60 (£9544), BMW i5 M60 (£10,342), BMW i7 M70 (£8171) and BMW iX xDrive60 (£14,655)

  • Find out more on these deals

BYD

  • The BYD Dolphin starts at £319 with £319 down and the BYD Atto 3 is £369 with £369 deposit. Both are 0% APR and have deposit contributions and retailer discounts
  • The BYD Dolphin Surf starts at £269 a month with a £269 deposit, and the BYD Seal starts at £479 with a £500 deposit contribution

  • Find out more on these deals

Citroen

  • The Citroen e-C3 starts from £339 with a £339 deposit and £1515 deposit contribution and the Citroen e-Berlingo is £449 a month with £4065 down and a £2000 deposit contribution

  • Find out more on these deals

PCP Deal: Citroen e-C3 Plus 83kW with 44kWh battery

£339 a month: 4 year PCP at 6.9% APR with £1515 deposit contribution

The Citroen e-C3 is one of the most affordable new electric cars, and has plenty to recommend it. Capable of just under 200 miles on a charge, it's well equipped, comfortable and spacious. It's well worth a look with this deal, thanks to the low £339 customer deposit required, low-ish 6.9% APR and £1515 deposit contribution to help keep the monthly payments affordable.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£339 47 x £339 (£15,933) £8345 £25,960.26 8000 30th September 2025

 

Cupra

  • There's £7000 towards your deposit on the Cupra Born, and £4500 towards your Cupra Tavascan, and both are 4.9% APR

  • Find out more on these deals

Dacia

DS Automobiles

Fiat

  • The Fiat 500e has 0% APR on PCP and the Fiat 600e has a £150 deposit contribution, and all models get a £1500 Fiat E-Grant contribution
  • These models are available on 60-month conditional sale with 0% APR with a minimum 40% deposit, plus the same discounts

  • Find out more on these deals

Ford

  • The Ford Explorer has a £3700 deposit contribution and 0% APR over four years, the Ford Capri (£3700 and 0% APR), Ford Mustang Mach-E (£7000 discount and 0% APR) and Ford Puma Gen-E (0% APR) also have offers

  • Find out more on these deals

PCP Deal: Ford Puma Gen-E Select

£485 a month: 2 year PCP at 0% APR

The Ford Puma has been the UK's best-selling car for the last couple of years, and now there's another reason to consider Ford's small SUV - an electric powertrain. The Puma Gen-E is currently available on a two-year 0% APR PCP deal. If you want to keep the car longer, PCP deals of up to 48 months in length feature 1.9% APR.

All models also get Ford's Power Promise, which has been running in the US for some time. In the UK, the Power Promise means you get a free home charger with the equivalent of 10,000 miles charging credit, plus five years' free servicing and breakdown cover. The Power Promise is available with new Ford Explorer, Capri and Mustang Mach-E models, too.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£5235 24 x £485.46 (£11,651.04) £13,909 £30,795 6000 30th September 2025

 

GWM

  • The GWM Ora starts at £199 a month on a 48-month PCP deal, and the deposit contribution of £3750 matches the maximum available from the UK Electric Car Grant. APR is 0%, too

  • Find out more on these deals

Honda

Hyundai

  • The Hyundai Inster (£3750), Hyundai Ioniq 5, Hyundai Ioniq 6 and Hyundai Ioniq 9 (£1500) get Hyundai grants equivalent to the UK government's Electric Car Grant

  • Find out more on these deals

Jeep

  • The Jeep Avenger Electric is 0% APR with a minimum 10% deposit on a 36-month term. That makes monthly payments on an Avenger Altitude start at £373 with a £6400 customer deposit

  • Find out more on this deal

Kia

  • Kia is offering zero deposit PCP on all models, plus deposit contributions including £1000 towards the Kia Niro EV, Kia EV3, Kia EV6 and Kia EV9, and all EVs get a year of Kia Charge Plus discounted charging included

  • Find out more on these deals

Leapmotor

  • The Leapmotor T03 starts at £169 a month with 0% APR and a £169 deposit. Also included is a £623 deposit contribution and £1500 Leap grant, which matches the UK government's EV Grant
  • The Leapmotor C10 starts at £319 a month with 0% APR and a £319 deposit. There's a £611 deposit contribution and £3750 off to match the UK EV Grant saving

  • Find out more on these deals

Lexus

Mercedes-Benz

  • Electric deals include the Mercedes EQA (£8500), Mercedes EQB (£6000), Mercedes EQE SUV (£3500), Mercedes EQE Saloon (£9500) and Mercedes EQS SUV (£3000) and Mercedes EQV (£6000)
  • The new electric Mercedes CLA is available from £425 a month

  • Find out more on these deals

MG

  • The MG4 starts at £269 per month, the MG HS PHEV starts at £279, the new MGS5 starts at £229 and the MG4 XPOWER starts at £359, all with 0% APR
  • MG is offering a £1000 test drive voucher redeemable on new MGS5, MG4, MG4 XPOWER, and MG HS PHEV, plus a £1500 saving to match the UK government Electric Car Grant

  • Find out more on these deals

Nissan

  • All Nissan Ariya models are 4.99-5.99% APR with a £1000-£3750 deposit contribution, except the Ariya Nismo, which is 1.49% APR with £2000 towards your deposit. Most standard versions of the Ariya qualify for the £1500 Electric Car Grant

  • Find out more on these deals

Omoda

Peugeot

  • Electric models with deposit contributions include Peugeot e-208 (£2100), Peugeot e-2008 (£800-£1850), Peugeot e-308 (£2350), Peugeot e-3008 (£2750 and 0% APR), Peugeot e-408 (£2450) and Peugeot e-5008 (£2500 and 0% APR)

  • Find out more on these deals

Polestar

  • The Polestar 2 starts at £399 a month with an £8800 deposit, the Polestar 3 starts at £599 a month with a £14,100 deposit and the Polestar 4 starts at £499 a month with a £10,500 deposit. All are 0% APR and have a £2000 discount

  • Find out more on these deals

Renault

  • The new Renault 5 and Renault 4 are 0% APR over two years or 5.9% APR and up to £500 deposit contribution over four years. The Renault Megane E-Tech is 0% APR and the Renault Scenic E-Tech is 0% APR over 24 months or 5.9% with up to £1500 deposit contribution over 48 months

  • Find out more on these deals

PCP Deal: Renault 5 E-Tech Evolution 40kWh Urban Range

£194 a month: 2 year PCP at 0% APR

The Renault 5 has just been crowned Car of the Year, thanks to its combination of retro-futuristic looks, electric powertrain and the dynamic but comfortable driving experience it offers. Renault offers a two-year 0% APR offer, which applies to all models.

There is also a four-year PCP deal with up to a £500 deposit contribution at 5.9% APR.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£6899 24 x £194 (£4656) £11,434 £22,995 6000 30th September 2025

 

Skoda

  • The new Skoda Elroq and facelifted Skoda Enyaq are 0% APR over 36 months or have a £2750 contribution at 6.4% APR over 48 months

  • Find out more on these deals

Skywell

  • The Skywell BE11 includes a £6000 deposit contribution, plus now adds an extra £3750 off the car's on the road price, to match the maximum available from the government's Electric Vehicle Grant

  • Find out more on this deal

Smart

  • The Smart #1 has a £2000 discount and 0% APR on PCP, plus an extra £1500 Smart EV Car Grant, making monthly payments £325
  • The Smart #3 has a £1000 discount and 2.9% APR on PCP, plus the £1500 Smart EV Car Grant, so monthly payments start at £380

  • Find out more on these deals

Subaru

  • Subaru currently has deposit contributions on the Subaru Solterra EV (£1500) when financed with PCP 

  • Find out more on this deal

Suzuki

  • The new Suzuki e Vitara is available with 0% APR on a 25-month PCP with a minimum 20% deposit or over 49 months at 2.9% APR with a £500 deposit contribution and no minimum deposit

  • Find out more on this deal

Tesla

  • The Tesla Model Y SUV is available from £349 with a £9210 deposit and 0% APR over 36 months, plus a £2000 deposit contribution
  • The Tesla Model 3 starts from £299 per month with £8840 deposit and a £3000 deposit contribution at 0% APR over 48 months

  • Find out more on these deals

Toyota

Vauxhall

  • Offers on PCP include the Vauxhall Corsa Electric (£500 off and 0% APR), Vauxhall Mokka Electric (£625 off and 0% APR), Vauxhall Grandland Electric (£900 off and 0% APR) and Vauxhall Astra Electric (£675 off and 0% APR)

  • Find out more on these deals

Volkswagen

  • The electric VW ID.3 (£2500), VW ID.4 (£4000), VW ID.5 (£3500) VW ID.7 (£1000) are available with 0% APR over 36 months. Deposit contributions are £6000, £7000, £7000 and £2000 respectively on a 48-month term at 6.9% APR

  • Find out more on these deals

PCP Deal: Volkswagen ID.3 Pro Match 52kWh 170PS

£345 a month: 3 year PCP at 0% APR with £2500 deposit contribution

The freshened up Volkswagen ID.3 is now available in Match spec, which we've chosen to feature here. There are two PCP deals available on all ID.3 models. There's a four-year option that would require a £5499 deposit and monthly payments of £362, based on the same spec of car we've chosen. This deal includes a £6000 deposit contribution and APR is set at 6.9%. There's also a 0% APR deal over 36 months, which we've detailed below.

>> Find this deal here

Deposit Monthly Payments Optional Final Payment Total Payable Mileage Per Year Deal Available Until
£7332.25 35 x £344.51 (£12,057.85) £14,769.90 £36,660 10,000 30th September 2025

 

Volvo

  • Opt for a plug-in hybrid and discounts include the Volvo V60 PHEV (£3000), Volvo XC60 PHEV (£4750), Volvo XC90 PHEV (£5000) and Volvo V90 PHEV (£7000)
  • EV discounts include the Volvo EV Grant on the Volvo EX30 (£1500), plus the Volvo EX40 (£6000) and Volvo EC40 (£5000)

  • Find out more on these deals

XPeng

  • The new XPeng G6 electric coupe-SUV is the firm's first UK model. Get one for £299 a month at 2.9% APR with a £10,327 deposit. Metallic paint is free on the standard range car, and you get a free Ohme home charger with the long-range model

  • Find out more on this deal

What is the government Electric Car Grant?

The UK Electric Car Grant is part of a £650 million fund intended to make buying a brand-new electric car more affordable and encourage people to switch to an EV before new petrol and diesel car sales are phased out in 2030. 

The maximum grant amount is £3750 off the car's OTR price, although a £1500 grant is available for models that partially meet the scheme criteria. Carmakers have to apply to add their models to the scheme, and only models that cost £37,000 or less are eligible. 

Applications began on July 16, and the first models to qualify will be announced on August 11. However, carmakers including Leapmotor, GWM, Skywell, Hyundai and Volvo have all announced equivalent grant discounts so you don't have to wait to get behind the wheel of a shiny new EV at a discounted price.

What are the benefits of buying an electric car on finance?

Aside from the environmental benefits, lower running costs and lower tax associated with EVs, taking out a PCP deal on an electric car gives you flexibility. For a relatively affordable deposit - often covered at least partially if you have a car to trade-in - and fixed monthly payments - you get to try the EV life for size.

If, at the end of your deal, you're not convinced, you can simply give the car back, or use the equity against a new PCP deal on a car that might better fit your needs. If it turns out the EV is a great fit, a PCP also gives you the option of being able to buy the car outright and continue motoring for many happy miles to come.

What are the negatives of buying an electric car?

Wider concerns about running an EV, particularly as your only car, are well documented. But aside from range anxiety and charger drama, many electric drivers report being pleasantly satisfied with the results of making the electric switch.

As new technology, electric vehicles currently cost significantly more than their ICE-powered counterparts. And that means higher upfront costs like initial deposits, and higher monthly payments than a petrol or diesel equivalent. However, some of this cost is clawed back through cheaper running costs, while many EV deals have significant incentives, like large deposit contributions, 0% APR and discounted home chargers to encourage you to plug in. 

Another consideration is early termination of your PCP agreement. This is an issue regardless of how your car is powered, but if the EV life really doesn't suit you, paying to terminate a PCP early can be an expensive business. As ever, it pays to be informed of any and all costs before you sign the deal.

How do PCP prices for EVs and non-electric cars compare?

As they tend to be loaded with the latest technology and packed with very expensive batteries, electric vehicles tend to be priced considerably higher than their petrol and diesel powered counterparts - for now at least. However, as the car industry sees electric cars as the future, in the shorter term there are some very affordable deals to tempt you into going electric.

It's also worth considering your overall running costs should be much lower if you finance an EV, as you won't be paying for fuel any more, tax rates are lower, ULEZ or other clean air zones are no longer a worry, and you'll be making a small contribution to lowering emissions, too.

Can I still get a home charging point even with a finance deal?

Yes, many carmakers even offer a range of charging points or discounted installation as part of their deals, and these can qualify for a government grant. As long as you own a flat with off-street parking, you can get up to 75% of the unit and installation costs covered, up to a maximum £350 including VAT. Sadly, single occupancy houses and bungalows aren’t covered by the scheme.