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What is Personal Contract Hire?

Personal Contract Hire (PCH) is the simplest way of getting behind the wheel of a new-to-you car. We specialise in handpicked used electric cars; offering our customers the lowest monthly cost without the need for a huge deposit. Simply choose your mileage and contract term, then hand the car back at the end. It’s cheap and hassle-free.

High-quality used electric cars
Low monthly cost and available for immediate delivery
Tyres, maintenance, servicing, breakdown and MOTs included

Electric Car

We have access to the UK’s largest used electric vehicle stock list. That means better quality cars and the lowest pricing.

Maintenance Package

Unlike other PCH packages; servicing, maintenance and breakdown cover are all included as standard.

Tyres

When the tread gets too low, we’ll replace the tyres free of charge - no matter the mileage.

MOT

If your car is due an MOT under your ownership, we’ll cover the cost of the MOT and any necessary work.

Why choose loveelectric

No lump
sums

Wave goodbye to hefty ‘initial rental’ costs. Pay a fixed monthly fee for the duration of your lease. Simple as that.

Fixed
monthly fee

No mid-contract price hikes or billing changes. The monthly rate you agree is the price you pay for the entirety of the lease.

Electric car specialists

We’ve only ever sold electric cars. Our extensive industry connections means we get the best deals for our drivers.

EV Broker of the Year

Don’t take our word for it. We’ve been recognised by industry leaders as the best EV Broker on the market.

What our customers say

Rated 4.7 / 5 based on 28,370 reviews Showing our 4 & 5 star reviews

Drive away in 3 simple steps

Get started

Get a quote online. Choose your car, mileage and lease length.

Secure your specific used EV and we’ll set it aside.

We’ll deliver the car to your door.

FAQs

Frequently asked questions

Mother helps her son to charge the electric car
What is PCH?

Personal Contract Hire (PCH) is a hire agreement between an individual and a finance provider (the lessor). 

If you take out a PCH lease for an electric car, you’ll enter into a contractual agreement with the lessor, agreeing to pay a monthly lease cost in exchange for your EV over a certain period. The amount you will pay each month is based on:

  • The value of the vehicle (otherwise known as the P11D)
  • How many months you will lease the car for 
  • The number of miles you will drive the EV each year. 

In many cases, the monthly payment also includes maintenance and breakdown cover - loveelectric covers these costs as standard.

Is leasing right for me? 

Personal Contract Hire leasing is an excellent choice for many people, but it’s good to stop and check if it’s the right option for you. Here is a brief comparison between leasing and owning that might help you decide. 

You may want to lease an EV if you: 

  • Like the flexibility of using a car for a certain period and like to upgrade your vehicle every few years
  • Prefer a lower upfront cost, the certainty of fixed monthly payments and maintenance and tax included
  • Enjoy not worrying about selling the EV or its depreciation
  • Are happy to be bound to an annual mileage limit

You may want to buy an EV if you: 

  • Like the certainty of owning your car
  • Would like unlimited miles and the freedom to sell whenever you like
  • Have a substantial deposit available for your vehicle
  • Are comfortable with depreciation and paying for road tax and maintenance costs
Will I own the car? 
It’s important to know that you will not own the car during your lease period. The lessor will own the car for the duration of the hire agreement.PCH is a hire agreement, meaning you pay to use the vehicle and any services included in the contract.
What role does loveelectric play? 
loveelectric is a credit broker. We’re here to facilitate your journey to leasing your dream electric car, finding the best deals and supporting you through the entire journey from credit application to delivery. 

An essential part of our role is to collect the information you need to submit a credit application. This credit finances your EV lease. We will share this information with the lessor, who will assess your suitability for a PCH agreement. We'll let you know if your application is approved and send over the final paperwork. From there, all you have to do is sit back and relax: we’ll arrange for your EV to be delivered to your door!
What cars are available?
We have exclusive access to an extensive marketplace of used EVs that another driver has previously leased. Whether you are looking for a spacious family car, a luxurious Sunday drive or a zippy town car, our team of EV Experts will be able to find the perfect vehicle for you. Please note that our used EV stock is live and rotates quickly. If you see the perfect car for you, please get in touch with our team, who can reserve the EV for a short period. Similarly, if you are looking for something specific but it’s not currently available, please fill in this form to let our team know: your perfect car might be just around the corner.
What’s included?

The great thing about choosing to lease is that your car comes bundled with almost everything you need:

  • Maintenance package
  • Tyres
  • MOT
What about insurance? 
All leased cars must be covered by a fully comprehensive insurance policy. This level of policy will protect both you (the driver) and the lessor (the car owner). You must arrange your own insurance when you choose to lease an EV through PCH. We can’t help you with arranging your insurance, so before you apply for a car, please factor in the potential cost of your insurance when deciding which EV to apply for.
What if I change my mind?
If you change your mind about leasing a car, you can make a request to cancel within 14 days of signing the contract. You must address your cancellation request to the lessor. If your car has already been delivered but you are within the 14 days since signing the contract, you can still cancel – you may be charged a fee to have the car collected from you.
What do I do if I am struggling to make my payments? 
We know that life doesn’t always go as expected, and there may be a time when you cannot make your monthly lease payment. As the lessor provides the lease, the best way to get the help that you need is to contact their dedicated team of advisors, who will be happy to help you manage the situation. Lex Autolease customers can contact the Personal Finance Support team by calling 0800 302 9160.
Who do I contact if I need some help? 
Selecting an EV and applying for credit may appear daunting at first, but we’re here to help! If you need any support – whether that’s questions about the application process, choosing your perfect EV or understanding when your car may be delivered – email us at hello@loveelectric.cars, and we will be happy to help. 

Has your car already been delivered? If you want information about your payments, EV, or any other lease aspect, please contact your lessor directly.
What happens at the end of the lease? 

You’ll simply return your car to the lessor at the end of your lease. They will then review your vehicle’s condition, considering its age, mileage, and whether it has been looked after sufficiently.

We advise that you keep vigilant about the vehicle's condition throughout your lease. The BVRLA’s Wear and Tear Guide is an essential document that provides helpful information about caring for your leased vehicle to avoid end-of-lease charges. 

Your lessor may find that you are liable for: 

  • Any mileage beyond that detailed in your agreement (excess mileage).
  • Any damage to the vehicle beyond what is considered ‘fair wear and tear’ by the BVRLA Fair Wear & Tear guidelines 

In brief, fair wear and tear occurs when normal usage causes acceptable deterioration to a vehicle.

This is different from damage, which occurs due to a specific event or series of events, such as an impact, harsh treatment, or negligent acts.

Additionally, if you don’t return your car by the date specified in your agreement, you will continue to make monthly payments until you return the EV.

Luckily, many of these charges are easily avoidable, and most of our customers hand back their cars without any issues.

Can I cancel my lease? 
Yes, you can cancel your lease at any point during your agreement. 

If you choose to do so, you will be charged 50% of the remaining rentals plus any pro-rata excess mileage due. You should consider this when selecting the length of your lease.
How do I make a complaint?
While our goal is to create the best customer experience, we know that sometimes things may go wrong. In the unlikely event that you are unhappy with our service, please get in touch: we’re here to help resolve any issues and do our best to make things right. If you need to make a complaint, you can contact us at complaints@loveelectric.cars

Learn more about how we will manage your complaint here.
What is the difference between a new and reloved (used) EV?

If you’re deciding on what electric car to lease, you may have questions about what the difference between a new and used EV is. 

On the surface, it’s simple: a new car hasn’t been owned or driven before while a used EV is, well, not new any more. It’s had a previous owner. 

However, there are a few criteria that set apart a new from a used  electric car.

New EV

A new electric car will either be brand new or made to order

If you choose a brand new car, you can expect:

  • A car ready to go, meaning you don’t have to wait long to take delivery.
  • Full manufacturer warranty.
  • To choose from in-stock options, colours and trims. 

If you choose a made to order EV, you can expect: 

  • To choose any colour or trim that you want - you can make it your own!
  • Full manufacturer warranty.
  • A longer lead time as you wait for the car to be built and delivered.

Used EV

When you choose to go for a used EV over a new, you can expect:

  • To choose from a car between 1 - 4 years old. If you take a 36-month lease that would bring the maximum age of your vehicle up to 7 years. 
  • For your mileage to start at an average of 26,000 miles. The maximum mileage that a used EV would go up to is 110,000 miles if the car was already on 50,000 miles and you chose a 20,000 mile annual allowance on a 36 month contract. 
  • Full maintenance included in your lease. As the car is likely to drop out of the warranty period during its second lease, we’ll keep your car fully maintained throughout your lease period.

Electric car charger

Have any questions?

Feel free to contact one of our experts and they will be more than happy to assist