In 2025, electric vehicles (EVs) are more accessible than ever — and not just brand new ones. With more used EVs entering the market, many drivers are asking the same question:
Should I lease a new electric car or go for a used one to save money?
At Car Leasing Made Simple, we offer both options and help drivers find the right fit for their needs and budget. This guide breaks down the pros and cons of used vs new EV leasing in simple terms, so you can feel confident about your next move.
What’s changed in 2025?
Over the past few years, EV leasing has shifted. Why?
- The first generation of leased electric cars — especially from brands like Tesla, Hyundai, Nissan and Kia — have now returned to the market as second-hand stock.
- More choice in the used EV space means more price points.
- And with the salary sacrifice scheme and other tax-efficient options still available, there are now several ways to lease an EV — whether brand new or not.
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Why choose a used electric car lease?
Lower monthly payments
This is the biggest benefit for most drivers. Because the vehicle has already depreciated, used EV leasing tends to be significantly cheaper each month than leasing brand new.
If you’re budget-conscious or just looking for a second car for local driving, it’s a smart way to save without giving up the benefits of electric.
No depreciation worries
When you lease a used EV, the car has already lost a chunk of its original value. So you’re not the one absorbing the hit. At the end of your contract, you simply hand the car back. No stress, no hassle.
More flexibility
Used leases often come with shorter contract terms, making them ideal if you don’t want to be tied down to a car for 3 or 4 years.
What are the trade-offs?
Shorter range on older models
Some early EVs won’t offer the same range as the latest models. If you’re doing a lot of motorway miles or long commutes, it’s worth checking the real-world range of any used model you’re considering.
Fewer tech features
New EVs tend to come with the latest tech — from updated infotainment systems to faster charging and advanced driver-assist features. If those are high on your wishlist, a new model might be a better fit.
Why lease a brand-new electric car?
Latest technology and features
From smarter software to more efficient batteries, new EVs are always one step ahead. If you want the newest safety features or the longest possible range, a brand-new car gives you that peace of mind.
Full warranty coverage
With a new car lease, you’ll typically be covered by the full manufacturer warranty for the entire term. That means less to think about if anything goes wrong.
Perfect for business drivers
If you’re leasing through your company or using a salary sacrifice scheme, a new EV can offer excellent tax savings — especially with low Benefit-in-Kind (BIK) rates for zero-emission vehicles.
Learn more about salary sacrifice
So… which option is better in 2025?
That depends on what matters most to you.
- If you want a more affordable monthly payment, a simpler contract, and still want to enjoy electric driving, a used EV lease is a brilliant option.
- If you want the latest tech, longer range, and full warranty coverage, and you’re happy with a slightly higher monthly cost, a new EV lease might be the way to go.
Both are available with fixed monthly payments, no surprise fees, and flexible mileage options — all made simple through Car Leasing Made Simple.
Final thoughts
Whether you’re brand new to EVs or looking to switch out of your current vehicle, leasing gives you a low-risk way to drive electric.
In 2025, used EV leasing is more attractive than ever, offering lower costs and more flexibility. But if you’re after the latest features or plan to keep the car for longer, new leasing still makes a lot of sense — especially with the current tax savings.
Whichever route you take, we’re here to make the process easy.
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