Is It Better To Lease A Hybrid Or An EV?

2018 Niro Plug-In Hybrid

When it comes to leasing a vehicle, there are plenty of options, but arguably the most cost-effective types of vehicle to run are hybrids and electric cars. This is due to less or no money being spent on fuel, which can be extremely expensive. When coupled with affordable monthly payments in place of a larger upfront payment, leasing an EV or hybrid can bring the whole cost right down.

If you currently drive a petrol/diesel vehicle and are looking for ways to bring running costs down, it’s likely that you have considered an EV or hybrid as an option. Choosing between the two can be a difficult choice, especially as there are solid benefits to both types of vehicle. To help make your choice a little easier, we’re going to look at some of the advantages of each.

Advantages Of Hybrids And EVs

One of the key reasons that drivers choose a hybrid vehicle is to be able to utilize both the electric motor and combustion engine. The batteries on board the vehicle are also charged by kinetic energy, meaning no extra money has to be spent on charging the car. This allows either the motor or engine to be used as a backup, should you run out of fuel or power.

In terms of general use, being able to use what is essentially free power to travel long distances, hybrids can bring overall running costs right down. They are also typically cheaper than EVs, meaning that monthly costs on a lease deal like those offered by Vavoom, can be lower, catering to tighter budgets.

Electric vehicles are adored by many as they produce no CO2 emissions at all, making them healthier for the environment than petrol/diesel cars. This is the feature of EVs that will ensure they are futureproofed and see them become market leaders in the car industry. The running costs of EV vehicles are also typically lower than vehicles with combustion engines as it is cheaper to charge their batteries than it would be to fill up a full tank with petrol.

EVs are also able to travel much longer distances than hybrids; however, they don’t have any backup fuel to rely on. This shouldn’t be an issue though, if you have a home or workplace charging station and are also able to find public charging points whilst on journeys, you’ll never be short of power. Although charging will still cost, the price of using power from the grid to charge your EV will be considerably lower than that of petrol. 

Electric vehicles and hybrids both offer great benefits, but the only way to know which is the better option for you is to research the deals that are available and choose the one that meets your requirements.

Will Hopstetter
Will is an automotive market enthusiast living in the United Kingdom. He holds a diverse background in automotive and enjoys utilizing that to produce insights into the inner workings of the industry.