Best Electric Car PCP Deals - July 2025
Electric car PCP deals are here to help motorists get behind the wheel of a new EV as cheaply as possible.
One big sticking point of switching to an electric vehicle is high list prices. However, we're here to show how affordable an EV can be, and have rounded up the best electric car deals on offer in the UK.
Many electric cars are made available with PCP car finance. These are a long-term financial agreement that comprise an up-front deposit and monthly payments over a set period of, say, two to five years. They can benefit from 0% APR.
At the end of the finance deal, buyers can hand the car back with nothing more to pay, or buy the car outright by paying off a lump sum – or, most often, use the collateral in the car to put towards another new-car PCP deal.
Electric car deals are also available on outright hire purchase (HP) packages, while other deals simply offer considerable up-front savings for those who may want to pay cash.
Why are electric car finance deals so appealing?
Electric car finance deals are designed to help make the higher up-front cost of EVs more manageable. Spreading the payments over several years takes away the ‘sticker shock’. Add in the considerable savings you get from running an EV – charging from home is far cheaper than filling up with petrol and diesel – and electric car deals help turn EVs into real money-savers.
Carmakers are tied to the new ZEV Mandate, which means all car brands have to sell a certain number of electric cars each year or face fines. That's good new if you're looking for a deal, as incentives like 0% offers, deposit contributions and free home chargers are all being offered to encourage drivers to switch to EVs.
Best of all, an appealing electric car deal means you can get into a future-proof car for far less than you might expect. Check out the electric car deals here to see how much you can save!
Best electric car PCP deals in July 2025
Audi Q4 e-tron S Line 40 for £509 a month with £7750 deposit contribution
The Audi Q4 e-tron is a posh and practical electric SUV crammed with technology, and, for extra peace of mind, it comes with an excellent battery range. It also has a really excellent interior that feels a cut above the competition.
This sporty S Line 40 model benefits from an Audi deposit contribution of £7750, which helps drop monthly payments down to £509 over a four-year PCP deal with a 6.9% APR. The mileage limit is a useful 10,000 per year, too.
- Deposit: £7625 (+ £7750 Audi deposit contribution)
- Monthly payments: 47 x £509 (£23,923)
- Optional final payment: £17,560
- Total payable: £49,118
- Mileage per year: 10,000
- Representative APR: 6.9%
- Deal ends: 30 September 2025
MG4 SE for £299 per month with 0% APR
We’ve said that the MG4 is the best budget electric car, and when it’s available with 0% APR it’s even more attractive. You can drive around in an MG4 SE 125kW 51kWh model for just £299 per month, and if you want the more powerful, longer-range models then they’re just £329, £359 or £389. Customer deposits start at under £4500, too.
MG is also giving buyers of the MG4, MG4 XPOWER and MG HS PHEV a £1000 extra discount, but only if you opt for a 49-month 2.9% APR deal. You also have to request this as a test drive voucher online and cash it in, so don't forget to sign up if you're in the market for a deal.
- Deposit: £4439.50
- Monthly payments: 48 x £299 (£14,352)
- Optional final payment: £8203.50
- Total payable: £26,995
- Mileage per year: 8000
- Representative APR: 0%
- Deal ends: 30 September 2025
BMW i4 eDrive40 M Sport for £649 a month with £7042 discount
The BMW i4 is a sporty, all-electric coupe that's genuinely great to drive and has a fantastic interior. BMW currently has deals on the more powerful i4 M60 and this i4 eDrive M Sport.
Choose the latter and it could be yours for £649 a month on a four-year deal, with a low APR of 4.9% and a sizeable BMW sales offer of £7042 to give you a hand. If you're feeling the need for speed, the i4 M60 deal starts at £899 a month with a £9544 discount.
Deposit: £6166.83 (+ £7041.75 BMW deposit contribution)
Monthly payments: 47 x £749 (£35,203)
Optional final payment: £20,092.85
Total payable: £61,462.68
Mileage per year: 10,000
Representative APR: 4.9%
Deal ends: 30 September 2025
Mercedes EQE 350+ Sport Edition Saloon for £768 a month with 2.9% APR, £9500 deposit contribution and zero deposit
The Mercedes EQE features all the trademark Mercedes traits, including a quiet and comfortable drive, but with the added bonus of long-range electric power and a tech-fest of an interior. Right now you can pick up a Mercedes EQE 350+ Sport Edition for £768 a month with a low 2.9% APR on a four-year deal.
The monthly payment is significant, but held in check with a £9500 deposit contribution and the fact that this deal is with zero customer deposit to pay. Chip in a 10% deposit (£5961.50) and monthly payments drop to £636.02
Deposit: £0 (+ £9500 Mercedes deposit contribution)
Monthly payments: 48 x £767.50 (£36,840)
Optional final payment: £27,775
Total payable: £64,625
Mileage per year: 8000
Representative APR: 2.9%
Deal ends: 30 September 2025
Skoda Elroq SE 50 for £351 a month with 0% APR
The Skoda Elroq is the firm's latest EV and the smaller sibling to the Enyaq. The Elroq is perfect for small families, and boasts a great range, loads of interior space and is even pretty fun to drive. Skoda is offering a choice of PCP deals on the Elroq.
There's a £2750 deposit contribution on a four-year 6.4% APR deal at £322 a month, or 0% APR over a 36-month term. There's a generous 10,000-mile annual limit, too, and we're featuring the entry-level Elroq SE 50 here. You can also pick up the car's first two services for a flat fee of £199.
- Deposit: £5672.10
- Monthly payments: 35 x £350.48 (£12,266.80)
- Optional final payment: £13,571.10
- Total payable: £31,510
- Mileage per year: 10,000
- Representative APR: 0%
- Deal ends: 30 September 2025
Hyundai Kona Electric Advance for £437 per month with 0% APR and £500 Summer Event contribution
Although the Hyundai Kona Electric is more conventional looking than its Ioniq 5 and 6 siblings, it's actually Hyundai's best-selling electric car. It's comfortable and promises over 310 miles on a single battery charge, so it's not hard to see why it's a hit with buyers.
This feature-packed Advance spec car is on offer with two deals. There's the 36-month 0% APR offer below, and a 48-month 4.9% APR with a £1000 deposit contribution from Hyundai that takes monthly payments to £446. Both deals get an extra £500 off until the end of August with Hyundai's Summer Event promotion.
- Deposit: £3500 (+ £500 Hyundai Summer Event contribution)
- Monthly payments: 36 x £436.25 (£15,705)
- Optional final payment: £15,295
- Total payable: £34,500
- Mileage per year: 10,000
- Representative APR: 0%
- Deal ends: 31 August 2025
Volvo EX40 Plus for £486 per month with 0% APR, £2000 discount and £6000 deposit contribution
The Volvo EX40, for those who don't speak Volvo, is the electric version of the Volvo XC40, which used to be called an XC40 Recharge. As the EX40 it remains a compact and smartly designed small electric SUV, and Volvo is currently offering £6000 towards your deposit if you opt for a mid-range Plus or top-spec Ultra trim level.
If you're in a rush, you can get the discount on a car with a spec you like that's already in production, as below, or you can choose your own colours, extras and so on if you don't mind waiting longer for delivery. We've chosen the EX40 in Plus trim that's already running down the production line, which has a £2000 discount in addition to the £6000 PCP deposit contribution.
- Deposit: £7500 (+ £6000 Volvo deposit contribution)
- Monthly payments: 48 x £485.18 (£23,288.64)
- Optional final payment: £16,526.25
- Total payable: £47,325
- Mileage per year: 6000
- Representative APR: 0%
- Deal ends: 30 September 2025
Volkswagen ID.4 Match for £394 per month with 0% APR and £4000 deposit contribution
If you're looking for an EV to be your household's only car, you could do worse than the Volkswagen ID.4. Its 349-mile range is plenty for all life's big trips, while the interior is spacious and the ride is comfortable.
VW offers two deals on the ID.4. We're featuring the ID.4 Match with 0% APR over 36 months, while there also a 48-month deal at 6.9% APR with a smaller customer deposit, £415 monthly payments and a £7000 deposit contribution.
- Deposit: £7918.30 (+ £4000 Volkswagen deposit contribution)
- Monthly payments: 35 x £393.54 (£13,773.90)
- Optional final payment: £13,897.80
- Total payable: £39,590
- Mileage per year: 10,000
- Representative APR: 0%
- Deal ends: 30 September 2025
Dacia Spring Extreme for £132 a month with 0% APR and a £2250 deposit contribution
The Dacia Spring is one of the most affordable electric vehicles on the market, and this latest deal gets you one for just £132 a month.
Dacia is throwing in a £2250 deposit contribution and 0% APR on a 48-month PCP deal, whether you opt for the entry-level 45PS model or more powerful 65PS version. You also get a domestic charging lead thrown in. To demonstrate how affordable the Spring is, we've gone for the top Extreme 65PS trim.
Deposit: £2933 (+ £2250 Dacia deposit contribution)
Monthly payments: 48 x £132 (£6336)
Optional final payment: £5492
Total payable: £16,995
Mileage per year: 6000
Representative APR: 0%
Deal ends: 30 September 2025
Ford Explorer Select Extended Range for £429 a month with 0% APR and £4700 deposit contribution
The Ford Explorer might not be as familiar a name in the UK as it is over in the States. But the VW ID.4-based Explorer sold here bares no relation to the one sold in the UK either. Our electric Explorer is a family SUV that can be had in three trims, Style, Select and Premium and three powertrains.
We've gone for mid-range Select that only comes with the extended range rear-wheel drive option, but good for a claimed 374 miles. The Explorer is available on a 38-month 0% APR Ford Options PCP deal that includes a £4700 deposit contribution and the grandly-named Ford Power Promise, which gets you a free home charger and 10,000 miles of charging credit.
- Deposit: £8242
- Monthly payments: 38 x £428.03 (£16,265.14)
- Optional final payment: £19,278
- Total payable: £43,785
- Mileage per year: 6000
- Representative APR: 0%
- Deal ends: 30 September 2025
Electric Car PCP Deal FAQs
Buying an electric car can be daunting for a number of reasons, ranging from the fact that an EV drives differently to the fact that recharging it requires a different approach from filling up a conventional car with petrol. However, one thing that isn't different is the fact that electric car finance works just like any other type of car finance. The vast majority of new cars in the UK are bought using PCP, and that's the most common type of electric car finance, too. Electric car HP, or hire purchase, is also popular, and there's also the option of Personal Contract Hire, commonly called leasing, if you don't need the option of owning the car.
Electric car finance helps make EVs more affordable by spreading the payments over several years. This offsets the fact electric cars oftne have higher prices than petrol and diesel cars. What's more, because the vast majority of new-car buyers use PCP to get behind the wheel of a new car, and carmakers want more people to switch to electric cars, there are some fantastic deals on EVs available, including 0% or low APR offers, significant deposit contributions that can mean you don't need to stump up any more than the monthly payments, and other incentives like free home chargers or charging credit to help get you on your way.
To help encourage new-car buyers to make the switch to driving an electric car, car manufacturers frequently offer competitive deals on EVs. These are often extremely tempting, and are aimed at turning the heads of even the most sceptical drivers who aren't planning to go electric any time soon. That's because, as part of the Zero Emissions Vehicles mandate, carmakers must sell a certain percentage of electric cars as part of the total fleet of new cars they sell in the UK or face significant fines.
Yes, is the simple answer. Providing you pass a credit check, which is standard practice with setting up all PCP agreements, getting a used electric car with a PCP requires the same process as with a petrol or diesel-powered model. If you're looking to buy a used electric car, it's worth bearing in mind how much of the car's battery warranty is remaining. Generally, although this varies a little between car makes and models, a battery warranty should cover the car's first eight years or 100,000 miles, so opting for the newest electric car with the fewest miles is worth considering. Luckily, there's more and more used EVs available, which helps make prices more affordable, too.
Before you sign up for a PCP agreement, it is worth ensuring you understand exactly what's expected of you, and any penalties you might face, should the car not be returned with just fair wear and tear. For example, it's worth figuring out how many miles you're likely to drive before you sign up, as extra miles have an impact on the car's depreciation, and thus come with a cost if you go over your agreed limit. The same goes for damage to the car that hasn't been repaired. Other things to consider are ensuring you can afford the agreement, as the car can be repossessed if you miss payments. If you terminate the agreement early, you can be subject to significant costs, too.
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