£25-40k total lease - best options?

[Z4MCSL]

So I am new to EVs although my other half works for an EV company and knows more about battery tech etc than anybody I have ever met...however, I am looking for real world ownership advice here

I also am EXTREMELY new to Leasing

I have an Ltd and have worked out (checking with my accountant) that I can probably spend about £25-40k on a lease car over 3-4 years and, having sold my own personal car, which reduces my need for dividends, I will end up in a decent position cash flow wise - if this were not the case I would not be buying a car on a lease as its never seemed sensible to me.

So now that the man maths is done, what options do I have in the above budget?

I found

Hyundai Ioniq 5N - the only EV I have actually test driven and I loved it. I had an F10 M5 and a megane RS275 Trophy as my dailies at the time and it so weirdly felt like it was both of these cars simultaneously it was great

Tesla model y performance - would need to be used - which has some negatives - this car makes the most sense by a country mile - I have been driven in one but never driven one (I have zero issues buying a tesla as whilst I may not agree with Elons views I havent forgotten that thousands of people work for Tesla and also pay their bills with the money people spend buying teslas!? anyway not to derail the thread) however they are just sooooo boooooring and I am not sure I can bring myself

i4m50 - makes a lot of sense for many reasons

i5m60 touring - seen some used deals that may work - I love the look of the car and seems very practical

m5 touring - I could push the boat out above the budget but I would not really save any on running costs, insurance etc and so I cant see mysefl stretching to this I saw an offer around £750/month with 9-12 months down for 3 or 4 years - closer to £45k total lease

a small part of me wants to go in the other direction and just get a small hatchback and accept my EV is basically for going back and forth to the office and that is it.

any other suggestions/opinions/amazing lease deals?

[nickfrog]

Despite all the cashflow or fiscal benefits, have you actually compared spending £25k on a lease to spending £25k on a use i4 that you would own?

[douglasgdmw]

Thought about the Alpine A290 ??

We have got one and been really impressed with the handling however will admit the range is not as great as other EVs. Yes its a smaller car and would not be great as your only car - however definitely one to bring a smile to your face when you drive.

[Z4MCSL]

I've been thinking about the a290 specifically the Gts

I have a clio182 track car and love french hot hatches but the 182 ticks that box (albeit it's stripped out etc) and is probably faster at c. 190hp and around 1000kg

But it does sound like it's worth a test drive

I'm leaning more towards something seriously fast so I miss the M5 less as that will be the car that I sell

Buying car outright through the business has some disadvantages I believe but the used prices of an e.g. i4 M50 do make that something I need to explore

[Gnevans]

Check out Broadspeed Eletre offers

[gmaz]

Z4MCSL said:

I've been thinking about the a290 specifically the Gts

I have a clio182 track car and love french hot hatches but the 182 ticks that box (albeit it's stripped out etc) and is probably faster at c. 190hp and around 1000kg

GTS has 220bhp and the instant torque of an electric motor.

There's also the Cupra Born VZ (326bhp) if you want a fast hatch.

[ZesPak]

Z4MCSL said:

i4m50 - makes a lot of sense for many reasons

i5m60 touring - seen some used deals that may work - I love the look of the car and seems very practical

I found the i5 not really that much more practical to the i4, but the Touring would obviously alleviate that issue. Aren't these easily 80k new? Can you get them for sub 40?

Z4MCSL said:

Tesla model y performance - would need to be used - which has some negatives - this car makes the most sense by a country mile - I have been driven in one but never driven one
...
a small part of me wants to go in the other direction and just get a small hatchback and accept my EV is basically for going back and forth to the office and that is it.

This, get the Model Y you can get within budget, they're all way too fast for a workhorse anyway.
Enjoy worry free motoring and get something fun on the side.

[drgoatboy]

Ioniq 5n would be my first choice.
Polestar 4 dual motor would be on my list and an Audi A6 Avant.

Get yourself on leaseloco and put your details in. That's a lot of money for a lease (is that with or without vat?)
Model Y leases look terrible at the moment compared to others and it would be well down my list personally. The competition is catching up fast and the quirks and the looks just put me right off