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 have decades of experience funding all sorts of vehicles. With access to some of the most competitive rates from our panel of lenders, we can quickly find the best deal that works for you.
Loan Details…
Interest Payable (Representative APR 9.9%)
Total Amount Payable
Monthly Payments of
*Please note this quote is an indicative quote and is not final.
Rates from 8.9% APR: the exact rate you will be offered will be based on your circumstances, subject to status, and affordability.
Representative example: borrowing £ £40,000. over 5 years with a representative APR of 9.9%, an annual interest rate of 9.9% (Fixed) and a deposit of £0.00, the amount payable would be £ 839.63 per month (with a final payment of £839.63, this includes the Option Purchase Fee), with a total cost of credit of £10,377.80 and a total amount payable of £ 50,377.80.
We are a Credit Broker and not a Lender. We can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor; we will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you.
Our aim is to secure finance for you at the lowest interest rate you are eligible for from our panel of lenders.
We do not charge a fee for our services. Whichever lender we introduce you to, we will receive a commission from them (either a fixed fee or a fixed percentage of the amount you borrow). For your reassurance, all of the lenders we work with could pay commission at different rates. For certain lenders, we do have influence over the interest rate, and this can impact the amount you pay under the agreement.
TYPES OF ELECTRIC VEHICLES
Unlike petrol or diesel vehicles, there are several different types of electric vehicles to choose from, all offering slightly different features and benefits.
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.
Hybrid (HEV)
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.
Contact Us
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.
Approval
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 Vehicle
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.
Paperwork
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.
Drive
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.