Secondhand EV leasing hits the fast lane as more UK drivers explore ways to cut motoring costs

The number of people leasing used electric vehicles in the UK has more than doubled in the last year. This surge is largely driven by rising fuel prices and a growing supply of secondhand electric cars. As a result, leasing firms are booming, with the number of people using finance to lease used EVs increasing by 170% in the past year. This trend is significant for the economy, as it suggests that consumers are seeking cost-effective alternatives to traditional car ownership.

Read the source report: The Guardian