Electric Car Finance
Making the Switch More Affordable
Buying an electric car doesn't have to mean paying for it all at once. EV Sussex can offer a range of finance options designed to make your next car affordable, straightforward and easy to understand.
Whether you're buying your first EV or changing from your current electric car, we'll explain the options available and help you understand the figures. Finance should help you buy the right car – not make the decision more complicated.
Find a monthly payment that suits you
Use our finance calculator to explore the effect of changing your deposit, term and, where applicable, annual mileage. Figures are illustrations and finance is subject to status, eligibility and lender approval.
Hire Purchase (HP)
Hire Purchase is a straightforward way of spreading the cost. You normally pay a deposit followed by agreed monthly payments over a fixed period. Once all sums due under the agreement have been paid, including any applicable option-to-purchase fee, the car becomes yours.
Personal Contract Purchase (PCP)
PCP may be available on qualifying vehicles. Part of the vehicle's value is deferred to the end of the agreement, which can reduce the regular monthly payment compared with financing the full amount. End-of-agreement options and conditions depend on the lender and product.
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