Volvo XC40 electric lease deals

Leasing an electric Volvo XC40 in the UK

Volvo are one of the leaders in car safety, but do they do electric cars? The originally Swedish brand of car makers has forever been considered the safest and most reliable of vehicles to choose but their reputation for performance, technology and future proposition have perhaps been underrated. With their XC40 / XC60 and XC90 product, the UK public has swarmed across to Volvo, which is now considered on an equal footing with the likes of Audi, BMW and Mercedes.

And what has heartened the EV populous is the clear message that the Volvo brand will be going all electric more quickly than most other mainstream producers. And their innovative Polestar off-shoot is just another indication that Volvo are not going to be left behind in the race to have the leading EVs in the market. So, they’re not playing so safe after all …

Volvo’s clear advantage in the UK’s leasing market has been with their SUV product. And our e-car lease customers have waited with bated breath as to whether or not this will include a zero-emission / 0g/km option to select. Around 2020, Volvo tentatively introduced their small SUV option, the XC40 Recharge, to the UK demographic. With some further enhancements and updates, 2021 truly saw this SUV EV emerge as one of the best EVs to lease in the UK. Based on the usual combustion or PHEV XC40, very little has changed for Volvo fans with the exception of some lithium-ion batteries underpinning the car’s abilities.

Apart from the looks and safety, can XC40 provide a great EV option to lease? Since 2022, the brand is now offering two great battery options to consider, with a further option in the brand-new C40 Recharge EV supplementing this. On the XC40 our e-car lease customers can enjoy one of two platforms:

1. A 69 kWh 170 kW option – with a combined range of 165 miles in colder climates and 220 miles in warmer weather on a full charge, this cheaper option still offers 7.4 second 0-62 times and 99 mph top speeds. With charging times of 7 hours from 0 – 100% on the 11 kW AC max and 33 minute 10 - 80% times on a 150 kW DC max, this EV is more than substantial enough for most personal and company car drivers; and  

2. A 78 kWh 300 kW option - with a combined range of 180 miles in colder climates and 235 miles in warmer weather on a full charge, this luxury EV option generates 4.9 second 0-62 times and 112 mph top speeds. With charging times of 8 hours from 0 – 100% on the 11 kW AC max and 33 minute 10 - 80% times on a 151 kW DC max, this is a great EV for high-mileage customers.

And in terms of specifications, the XC40 Recharge is available in an array of options including the Core, Plus and Ultimate. And what charging cables does the Volvo electric come with? Customers can benefit from the 4.5m Type 2 / mode 3 charge cable and 7m 10amp Charge Cable with 3 Pin Plug. What this effectively means is that our e-car lease customers have a cable to connect to a household socket / wall plug (which would take 38 hours to fully charge) and a cable for connecting to public charge points on AC format. For rapid charging, you will connect directly to the CCS cable which the rapid charging point will have available.

Will a Volvo XC40 be as fun to drive as a BMW iX3 or Tesla Model Y? With the Geely Group collating a number of products, the move to electrification has been a progressive one but early indications suggest that Volvo and Polestar have created practical and cost-effective EVs, with a healthy selection of single and twin motor options. The UK does enjoy an SUV – in 2021 the PHEV XC40 was the 3rd best selling car with nearly 6,500 registered. And independent automotive review websites are giving this car a positive response. Whether you are a personal, business or salary sacrifice customer, this will be a car you will enjoy.

Should I, or the business, lease the new electric Volvo XC40? What e-car lease fundamentally offer is a product named contract hire (or leasing for short). This is a fixed contract between 2 – 4 years, which you set an annual mileage and initial rental for. This is a usership arrangement which effectively translates into a long-term hire product. You or the company will never own the car and at the end of the contract; the vehicle will simply be collected. While leasing is a tax-efficient product for businesses, and great for company car tax, for personal customers this provides a fixed cost for a set period of time. You are not subject to the uncertainties of the automotive market unlike with cash purchases or hire purchase.

But I’m a high-mileage driver – can I look at the electric Volvo? Some of our 20,000 mile per annum customers can be understandably nervous about using an EV. However, to help anyone on our bespoke e-car website, our “Living with …” tools provide a full analysis of range and battery capabilities based on driving styles, behaviours and climate. And with near 30,000+ devices to connect to, simply integrate the Zap Map app to locate your most convenient public charge point. Just remember to differentiate between slower AC units and the quicker DC rapid charge points.

Ready to lease your new XC40 Recharge? To get an instant personal or business quote, simply select the battery and specification you need (including any additional manufacturer options) and build a contract around your requirements. While the e-car lease website is the leading choice for EV information, you can always call and speak to one of the team here.