The MG4 Standard is Sweden’s most affordable electric car for private rental at just SEK 2,995 per month. This base price includes 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’s an extra charge. While the MG4 is a rear-wheel drive hatchback with a 51 kWh battery and 350 km WLTP range, it lacks some features such as advanced equipment and single-phase charging is limited to 6.6 kW.
How much does it cost to lease an electric car?
The cost of leasing an electric car varies, but is usually around 4,000 to 16,000 SEK per month. This price fluctuates depending on the model and the terms of the lease. Before considering leasing, it is important to set a budget, as the final cost may exceed the initial estimate.
Private rentals usually include a mileage limit, with additional charges for exceeding the limit. While amenities such as winter tires and insurance may not be included with the rental, they can usually be added at an additional cost.
Interest rate increases due to policy changes may also affect monthly lease costs. Carefully reviewing your lease agreement can help avoid unexpected expenses and ensure that what is included in your lease package is clear.
The cheapest electric car for private rental in Sweden
There are costs to consider when leasing an electric car. It’s important to set a budget you can afford. Electric car leasing costs typically range between 4,000 and 16,000 SEK per month. However, the final cost may be higher than the price initially displayed by the dealer. Additional costs may include mileage, winter tires and insurance, and taxes are usually not included, although electric cars can cost as little as 360 SEK per year.
It is important to look at each lease offer individually to understand what is included. Previously, after the bonus was removed, the price of private leasing of electric cars soared, reaching 7,000 to 8,000 SEK per month for a small model. The market has stabilized and there are now many offers for private leasing of electric cars. Some brands offer shorter lease periods, such as 12-13 months, for those interested in electric cars.
Currently, the cheapest electric car for private lease in Sweden is the MG4 Standard, which costs SEK 2,995 per month. This is the base price, which covers the car, 1,000 miles per year, and a 24-month commitment. Extras such as winter tires and insurance are not included, but the total cost is estimated to be around SEK 4,000 per month.
Other affordable private lease options include the BYD Atto 3 (3,395 SEK per month) and Cupra Born (3,995 SEK per month), both with specific terms and mileage. The Toyota bZ4X and MG Marvel R are recommended affordable and suitable options.
It’s important to be cautious of potential rate increases, as this will increase your monthly lease costs. Carefully reviewing your lease agreement is essential to understand what is included, such as mileage and annual service. Exploring promotions on platforms such as Wayke or Blocket may help find the best price for a private lease.
Which electric car rental is best?
When it comes to choosing the best electric car to lease, it all depends on your preferences. Two affordable and suitable options are the Toyota bZ4X and the MG Marvel R. The Toyota bZ4X is an SUV that offers a good all-wheel drive system and has a lease price of 5,995 SEK per month for a 36-month lease term and 1,500 miles per 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 5,590 SEK per month, driving 1,000 miles per year for 36 months. These two cars cater to different needs and the final choice depends on your preferences and budget.
Beware of rate hikes
Be cautious about rising interest rates, especially if you are considering a private lease. An increase in the Riksbank’s policy rate will make borrowing more expensive, which will affect the cost of private leasing. Finance companies that finance the purchase of a car through loan will pass these higher costs on to their customers.
They usually do not reveal the loan interest rate because it is a commercial secret. Therefore, when the policy interest rate rises, your monthly lease costs may increase. Therefore, pay close attention to interest rate changes because they will directly affect your private rental budget.
What does a private rental include?
In a private lease, some things are included and some are not. Leases usually cover a certain number of mileage, usually around 1000 or 1500 miles, and include an annual service. You can usually adjust the mileage as needed, but going over the agreed limit may incur additional charges.
Insurance is not usually included, but some manufacturers offer it for an additional fee. It is important to check whether the insurance provided is the best option or whether another company offers a better deal.
Winter tyres are not included in the rental cost and can be added at an additional cost. Winter tyres vary in price so it is worth comparing the options to ensure the most cost-effective choice. Finally, taxes are not included as the Swedish Transport Agency collects taxes directly from users, usually at a flat rate of 360 SEK per year for electric vehicles.
The climate dividend benefits finance companies by being factored into the cost of the lease, making many electric vehicles more affordable for users. Understanding what is and isn’t included in the lease cost can help avoid unexpected expenses and ensure a clear understanding of the overall lease agreement.
Tips for finding the best price on private rentals
When looking for the best price on a private rental, don’t just focus on the manufacturer’s or local dealer’s website. Check out online platforms such as Wayke or Blocket, where retailers may be running promotions that will give you better value for money. Sometimes these platforms offer exclusive deals that you won’t find anywhere else.
Keep an eye out for private lease offers, as many operate and deliver vehicles to various locations in Sweden. Some even offer to exchange your existing vehicle for a rental, making it easier for you to change vehicles. Explore these options to ensure you get the most cost-effective and convenient private lease offer for your needs.
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Source: svlsf.edu.vn