Electric cars are quickly becoming a popular choice for drivers concerned about their impact on the environment and with the UK Government bringing forward their ban on new petrol, diesel, and hybrid cars to 2030, interest in electric vehicles will only increase.
How Can Anglo Scottish help?
We believe that all car finance should be simple, including electric car finance, which is why we take care of everything.
Our team are experts in finance and have decades of experience funding all sorts of vehicles. With access to the most competitive rates from our panel of lenders, we can quickly find the best deal that works for you.
Benefits of Electric vehicles
- Cheap to run
- Currently, there’s no tax payable on electric vehicles
- May be eligible for UK Government grants
- They produce no emissions and are 100% environmentally friendly
- Exempt from congestion charges
- Exciting to drive, the acceleration on an EV is very impressive
Contact us today to start your bespoke car finance quote.
Need help? Call us on 0191 410 4776
Electric vehicle (EV)
EV is simply an acronym for an electric vehicle. EVs are vehicles that are either partially or fully electronically powered.
Battery electric vehicle (BEV)
Battery electric vehicles (BEV), sometimes known as pure electric vehicles, only electric vehicles or all-electric vehicles are a type of electric vehicle that is powered exclusively by chemical energy stored in rechargeable battery packs.
A hybrid is a car that uses an internal combustion engine (usually powered by petrol) backed up by a battery-powered electric motor.
Plug-in hybrid (PHEV)
A plug-in hybrid electric vehicle (PHEV) uses batteries to power an electric motor and another fuel, such as petrol, to power an internal combustion engine, they must be plugged in to be charged.
Mild electric vehicle (MHEV)
Mild electric vehicles are vehicles that are powered by an internal combustion engine equipped with an electric motor/generator in a parallel hybrid configuration. There is no electric propulsion, the electronic motor allows the engine to be turned off whenever the car is coasting, braking, or stopped.
HOW IT WORKS
Five steps to easy electric car finance. Find out how we get you behind the wheel of your dream vehicle below.
TALK TO ONE OF OUR EXPERTS
If you’re looking for a new electric vehicle, contact one of our experts to talk through your options. We’ll take some information from you and start looking for a suitable electric car finance option.
GET APPROVED IN PRINCIPLE
Using the details, you have provided we’ll compare deals from our panel of lenders to find the perfect deal for you and have the agreement approved in principle.
CHOOSE YOUR VEHICLE
With your finance in place, you can choose your new vehicle with confidence. If necessary, we can also help find the specific car you want with our vehicle sourcing team.
WE’LL HANDLE THE PAPERWORK
Once you’ve chosen your new car we’ll work with the lender and the dealership to make sure everything runs smoothly, and the payment is made.
YOU ENJOY YOUR NEW CAR
On receipt of your new vehicle, we’ll do a final check to make sure everything is as expected, and you’re 100% happy with your purchase.
Anglo Scottish helps Rapid Retail increase contract value ten-foldAnglo Scottish Asset Finance has secured finance in excess of £500,000, to allow Europe’s leading modular retail rental specialist, Rapid Retail, to gain contracts with a number of well-known brands.
What is Business Contract Hire?Discover what Business contract hire is and how it can benefit your business.
Levels Above Change Direction With Help From Anglo ScottishLevels Above pivoted its offering, mid-pandemic, with the assistance of Anglo Scottish who helped the company gain £160,000 in finance resulting in an increase in its profit margin, from 25% to 75%.