Advantages
- Full ownership after final payment
- No mileage limits
- Fixed monthly payments, clear end date
Own your EV at the end — straightforward financing
HP spreads the full cost of the car across fixed monthly instalments. You own the car outright once the final payment is made. There is no mileage limit and no balloon payment.
In the UK, company-car EVs attract just 2% Benefit-in-Kind (BiK) tax in 2024–25, rising gradually to 5% by 2027–28. Combined with salary sacrifice and VED exemptions, business EV leasing is significantly more tax-efficient than an equivalent petrol or diesel car. Rules change annually — we calculate the most cost-effective option for you free of charge.
| Model | Range | Battery | Rapid charging | 0–100 |
|---|---|---|---|---|
| Volvo EC40 | 356 miles | 79 kWh | 200 kW | 7.3s |
| Volvo ES90 | 435 miles | 106 kWh | 350 kW | 5.5s |
| Volvo EX30 | 298 miles | 64 kWh | 153 kW | 5.3s |
| Volvo EX40 | 356 miles | 79 kWh | 200 kW | 7.3s |
| Volvo EX90 | 381 miles | 107 kWh | 250 kW | 5.9s |
Drive a new EV for a fixed monthly payment — no ownership worries
View →Option to buy at the end — or simply hand it back
View →Own your EV at the end — straightforward financing
View →Tax-efficient EV leasing for companies — just 2% BiK
View →Personal, no-obligation and simple — over WhatsApp.
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