The Tesla Model 3 is the UK’s hottest EV to lease

Tesla's Model 3 is the most popular electric car to lease in the UK

As the Tesla Model 3 finally enters the UK market, it’s already making waves. It’s taken the top spot as the most popular electric vehicle to lease.

This is according to Leasing.com, which says the Tesla generated more personal lease enquiries within seven days than premium rivals such as the Jaguar I-Pace and the new Audi e-tron do in a month.

There’s been a 30 percent rise in enquires about EVs in the first five months of 2019, thanks to interest in this new wave of desirable electric-only cars. 

“This is a strong sign that lots of consumers are ready to make the jump to next-generation vehicles and leasing is offering them the ideal opportunity to test the waters,” said Paul Harrison, Head of Strategic Partnerships at Leasing.com.

The Model 3 doesn’t quite take top spot in the league table for vehicles that are at least partially electrified, though. It is beaten by the ‘self-charging hybrid’ Toyota RAV4 hybrid.

However, the Model 3 has featured on the top 10 list for the last year, being the seventh most enquired-about electrified vehicle. This, in spite of the Tesla’s small executive car only just going on sale in the UK in the last month.

Tesla's Model 3 is the most popular electric car to lease in the UK

“The Model 3’s popularity is down to several factors, with cost being one of them,” said Harrison

“Monthly prices for the Model 3 start at around £400 per month, which is almost half the cost of Tesla’s larger models. It also undercuts comparable EVs such as the Audi E-tron and Jaguar I-Pace.

“Obviously the UK is one of the last countries to get the Model 3, and the long waiting period for right-hand drive models no doubt contributed to this huge early surge in interest too.

“It’s early days yet, but if the Model 3’s popularity continues at a comparable pace over the next few months, then Tesla could have delivered its first mass-market electric car.”

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *