How does leasing an electric car work?
Drive Electric
JULY 6, 2021
You’re allowed to reclaim 100% of the vehicle’s cost against corporation tax in the first year, although it’s worth noting you must repay the tax on the car’s sale price if you sell it later on or return it to the lease company. It was only around 15 years ago that EVs could barely travel 50 miles before running out of juice.
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