The MG4 Standard Range stands out as Sweden’s most affordable electric car for private leasing, costing only SEK 2,995 per month. This basic price covers the car, 1,000 miles per year, and a 24-month commitment.
If you opt for 1,500 miles per year or winter tires, there are additional costs. Although the MG4 is a rear-wheel-drive hatchback with a 51 kWh battery and a WLTP range of 350 km, it lacks some features like advanced equipment and charges at a maximum of 6.6 kW over one phase.
How much does an electric car cost to lease?
The cost of leasing an electric car varies, typically ranging from around SEK 4,000 to SEK 16,000 per month. This price fluctuates depending on the model and leasing terms. It’s essential to set a budget before considering leasing, as final costs can surpass initial estimates.
Private leasing often includes mileage limitations, with additional charges for exceeding the limit. While some amenities like winter tires and insurance may not be part of the lease, they can usually be added for an extra fee.
Interest rate hikes, influenced by policy changes, may also affect monthly leasing costs. Checking lease agreements carefully helps avoid unexpected expenses and ensures clarity on what’s included in the leasing package.
Cheapest electric car in Sweden to lease privately
Leasing an electric car involves considering the cost. It’s important to set a budget you can afford. Electric car leases typically range from around SEK 4,000 to SEK 16,000 per month. However, the final cost can be more than what dealers initially display. Extra expenses may include mileage, winter tires, and insurance, with tax not usually included, even though it’s only SEK 360 per year for electric cars.
It’s crucial to review each leasing offer separately to understand what’s included. Previously, private leasing prices for electric cars surged after the removal of bonuses, reaching SEK 7,000 to SEK 8,000 per month for smaller models. The market has stabilized, and good deals on electric cars for private leasing are now available. Some brands offer shorter leasing periods, like 12-13 months, for those curious about electric cars.
The cheapest electric car for private leasing in Sweden, as of now, is the MG4 Standard Range at SEK 2,995 per month. This is a basic price covering the car, 1,000 miles per year, and a 24-month commitment. Additional costs, like winter tires and insurance, are not included, but the total cost is estimated to be around SEK 4,000 per month.
Other affordable options for private leasing include the BYD Atto 3 at SEK 3,395 per month and the Cupra Born at SEK 3,995 per month, both with specific terms and included mileage. The Toyota bZ4X and MG Marvel R are recommended as affordable and suitable options.
It’s important to be cautious about potential interest rate hikes, as they can increase monthly leasing costs. Checking lease agreements carefully is crucial to understanding what’s included, such as the number of miles and annual service. Exploring promotions on platforms like Wayke or Blocket might help find the best prices for private leasing.
Which electric car is best to lease?
When it comes to choosing the best electric car for leasing, it depends on your preferences. Two affordable and suitable options are the Toyota bZ4X and the MG Marvel R. The Toyota bZ4X is an SUV, offering a good all-wheel-drive system, and can be leased for SEK 5,995/month for 36 months with 1,500 miles/year.
On the other hand, the MG Marvel R is a more premium model with a range of 402 km. Hedin Bil is currently running a promotion where you can lease the MG Marvel R for SEK 5,590/month with 1,000 miles/year for 36 months. Both cars cater to different needs, and the choice ultimately depends on your preferences and budget.
Watch out for interest rate hikes
Be cautious about interest rate increases, especially if you’re considering private leasing. When the Riksbank raises the policy rate, it makes loans more expensive, affecting private leasing costs. Finance companies, which buy cars through loans, pass on these higher costs to customers.
They don’t usually disclose their loan interest rates, considering it a trade secret. As a result, your monthly leasing expenses might rise when the policy rate goes up. So, keep an eye on interest rate changes, as they directly impact your private leasing budget.
What is included in private leasing?
In private leasing, some things are included, and some are not. The lease typically covers a set number of miles, usually around 1000 or 1500 miles, and includes an annual service. You can often adjust the mileage if needed, but going over the agreed-upon limit may incur extra fees.
Insurance is usually not included, though some manufacturers offer their insurance at an additional cost. It’s important to check if the insurance provided is the best option or if other companies offer better deals.
Winter tires, not included in the lease, can be added for an extra fee. Prices for winter tires vary, so it’s worth comparing options to ensure the most cost-effective choice. Lastly, taxes are not included, as the Swedish Transport Agency collects them directly from the user, usually at a fixed annual rate of SEK 360 for electric cars.
The climate bonus, benefiting finance companies, is factored into the leasing cost, making many electric cars more affordable for users. Understanding what is included and what’s not helps avoid unexpected expenses and ensures a clear understanding of the overall leasing agreement.
Tips for finding the best prices for private leasing
When searching for the best prices on private leasing, don’t just stick to the manufacturer or local dealer websites. Check out online platforms like Wayke or Blocket, where retailers may have promotions that offer more value for your money. Sometimes, these platforms provide exclusive deals not found elsewhere.
Keep an eye out for private leasing offers, as many traders collaborate and can deliver to different locations in Sweden. Some even offer the convenience of taking your current car in exchange during the leasing process, making it easier for you to switch vehicles. Explore these options to ensure you get the most cost-effective and convenient private leasing deal for your needs.
Read More: Mark Singer Gorilla Glue Net Worth 2024 Rise
