When we looked at expanding our business to include finance options, we were keen to remain focused on our original mission to “accelerate the adoption of electric vehicles” to the UK market.

So, we have taken our combined 20+ years of experience with selling and maintaining electric vehicles, plus lessons learned over the last 3 years of E-Van-Guru Limited and identified the challenges operators are facing.

With the expansion of the London ULEZ and Congestion Zone roll outs in many of the large cities in the UK and the EV legislation changes, operator costs are increasing at a frightening pace.

We have therefore decided to focus our Finance Solutions business in a way that recognises these challenges, plus gives operators a speedy solution.

Our Strategy

  • Using our knowledge and experience we offer competitive finance for electric cars, vans and e-scooters, utilising Finance Partners who have a proven appetite to fund electric vehicles, including new and used products.
  • We only offer finance to business users, with particular focus on small, medium enterprise businesses (SME) who need that mix of specialist advice for vehicle and charging options, as well as the best finance solution.
  • We will only market stock products, utilising our relationships with vehicle manufacturers and large dealer groups, we have a ready supply of electric vehicles that can be delivered within 10 days from completion of finance documentation (subject to any conversion work).

Sign up to our offers email

Be the first to know when our latest offers go live, simply enter your email address...

By entering your email address you consent to being contacted by E-Van Guru for marketing purposes.

Finance Options at a Glance

Contract Hire

  1. This type of finance is beneficial to VAT registered companies as it is fully reclaimable.
  2. An initial deposit is required, this can vary depending on credit approval, but would normally be between 3-9 times your monthly payment.
  3. A typical finance term will be between 24 and 60 months.
  4. You will need to state an annual mileage for the contract and you will incur costs if you exceed this mileage over the whole term of the contract.
  5. Proof that manufacturers recommended maintenance has been completed (does not need to be a main agent).
  6. At the end of the contract, there is no option to own the vehicle, it will be returned to funder and return condition costs may be incurred.

Finance Lease

  1. This type of finance is beneficial to VAT registered companies as it is fully reclaimable.
  2. An initial deposit is required, this can vary depending on credit approval, but would normally be between 3-9 times your monthly payment.
  3. A typical finance term will be between 24 and 60 months.
  4. You will need to state an annual mileage for the contract and you may incur costs if you decide not to take the option to purchase vehicle at end of contract.
  5. Unlike Contract Hire, you have the option to purchase the vehicle by paying a final balloon payment, which is quoted at point of initial enquiry.
  6. This finance options allows you to benefit to purchase and maximise the extended operating period of an electric vehicle.

Hire Purchase

  1. Traditional type of capital borrowing, normally the deposit can be a minimum of the total VAT on vehicle selling price, or you can put down an increased amount to reduce the monthly repayment premium.
  2. Hire Purchase period can be any period from 6 to 60 months.
  3. At the end of the finance contract you will own the vehicle outright.
  4. There are no mileage limitations, and you are not exposed to excess mileage charges.
  5. As with Finance Lease this will allow you the flexibility to maximise the full operating life of your electric vehicle.