Electric cars for lease – a new trend in the fleet market
The global trend of switching to electric transport is steadily gaining momentum, and leasing plays a key role in this. According to international analytics company JATO Dynamics, the car leasing market will grow by 15% annually in the coming decade, mainly due to electric cars.
Why is leasing an electric car profitable?
- Access without initial costs. There is no need to invest large sums right away – the business receives a modern car with fixed monthly payments.
- Fleet renewal without hassle. Instead of depreciating its own car after 2-3 years, the client simply switches to a new electric car.
- Savings on fuel and maintenance. Compared to internal combustion engines, electric cars are cheaper to operate.
- ESG reporting for companies. For medium and large businesses, a “green fleet” is part of the image, which is important for partnerships, tenders and reputation.
Additional benefits:
- Tax benefits. In a number of regions, incentives are available for electric vehicles.
- The possibility of a flexible term of use. It is not necessary to lease a car for 3–5 years – short-term leasing programs are emerging, especially for EVs.
In conditions of economic instability, war or inflationary pressure, most entrepreneurs are looking for ways to maintain flexibility without sacrificing development. And this is where leasing turns out to be the financial instrument that allows companies to adapt to the new reality.
Unlike a traditional bank loan, leasing does not require the withdrawal of a large amount from working capital. The business can get access to the necessary machinery, transport or equipment with minimal initial costs.
What does this give the company?
- The ability to quickly update the fleet of cars or equipment;
- Maintaining production capacity without interruption;
- Flexible payment schedules and the possibility of early redemption of property;
- Maintaining the company’s liquidity.
Expert opinion:
Financial consultants from Deloitte note that “during a crisis period, companies that use leasing demonstrate higher adaptation dynamics and less sensitivity to bank lending restrictions.”
