The Ferrari Electric Car Lease could be live in 2025

2025 could see the launch of the Ferrari electric car lease

It was no secret that the iconic Ferrari brand was going into all-electric technology. As our dedicated section has set out (for well over a year), the Italian performance brand will be investing into battery technology more heavily in the run-up to 2030 / 2035.

Already some of their hyper performance vehicles have included some form of hybrid aspect, with the move into plug-in (PHEV) models around 2020. There was a firm commitment to the all-electric facets, with both the retail and motorsport aspects making big statements about the future of BEV within their demographic.

With hybrids now forming around 50% of the sales, the Ferrari group are moving into pure EV tech via their “e-Building” which opened in 2023 and which was introduced to get the group ready for the next stage of their company life. However, in a recent announcement the Chairman John Elkann confirmed that the Ferrari team are formally announcing the new all-electric road car on 9 October 2025.

The upcoming Elettrica (as it is strongly rumoured to be called) looks to be emerging in the SUV format as we have pictured here, which effectively emulates the Purosangue  (which more recently launched).

This doesn’t mean that hypercars will also follow, with the F80 self-charging hybrid a good example of what the team can create. The lessons learned from this technology and the 800V charging architecture should hopefully allow the brand to more seamlessly move into the zero-emission aspect of the market.

With in-house battery production, the “E-Cells” laboratory, together with profit increases to £1.3 billion, the prancing horse is looking set to enter a new world for the brand. The group are also suggesting that bikes could also follow the cars in this aspect too.

Could we see an actual production car land in 2025? There are strong rumours that calculated and articulate investment and RnD has been put in place to make this a reality sooner rather than later. For keen enthusiasts of the Ferrari brand, make sure to check out the Ferrari GB site to monitor any updates. In the meantime, you will just have to enjoy cars like the 12Cilindri, Roma, Pursosangue and the SF90!

The big question is whether or not you would buy or lease a Ferrari EV when it does launch in the UK? So far, the move into battery format has been attempted in a more gingerly fashion by some of the upper-echelon brands.

The Lamborghini team have not committed to anything concrete, Land Rover are launching a full-size RR in 2026 (with a busy waiting list already live) and the Bentley group are yet to announce anything more than PHEV options. However, some businesses have gone into this more furtively with the Porsche group offering a Taycan and Macan E, the Lotus with the Eletre and the Emeya and the Rolls Royce group with the £300,000 Spectre.

However, success has been mixed across some of these brands, with many having to use seismic discounts and financial incentives to help encourage customers to move into their products. However, with fairly robust price tags, often in excess of £100,000, the UK public are going to be discerning on what they commit to especially with concerns of residual values and re-sale after 2 or 3 years.

While used-EV programmes, like our ex-fleet leasing solution , are helping to maintain confidence and stability, the underlying shakiness is still at the back of people’s minds.

The other big question about our market is the appetite of private and retail customers to engage with the EV supercars we mention above. Unlike a business, there are no tax or financial advantages for the individual making the move to a BEV.

This is where some brands have struggled to procure engagement, with some customers electing to move into combustion option instead. Even more so when a like for like petrol v EV is cheaper. There are certain whole of life cost savings available with an EV such as cheaper overnight tariffs which leads to very cheap fuel costs (circa £5 - £10 for a full tank) and cheaper servicing costs.

But with a limited company there are several key aspects which make the move into an electric car, luxury or performance, a sage financial decision. This includes elements like the monthly rental being completely deductible against Corporation Tax, the ability to reclaim 50% of the VAT on the finance and 100% of the VAT on the maintenance element or the entirely beneficial position on company car tax.

When you use a business to lease a car, HMRC ask that you account for your new vehicle via your income tax. The value of the vehicle, your income tax rate and the vehicle emissions are instrumental in calculating this figure.

The overwhelming benefit of the EV is that as it produces no tailpipe emissions it receives a “0g/km” status and therefore a marginal benefit-in-kind tax (BiK) status. To put this in perspective, if the Ferrari EV starts somewhere around £175,000 - £200,000 then your company car tax liability would be around £100 per month as a 20% tax payer and £200 per month as a 40% tax payer.

When you compare this to more polluting petrol and diesel car, the amount would be 2 to 3 times higher for vehicles which cost around £30,000! Savvy business people and entrepreneurs may well be electing for electric but this will most likely be on solid accounting advice.

The performance of electric cars is increasing at a rapid rate, with battery technology allowing vehicles to perform quicker (sub 3 second 0-62 times), travel further on a full charge (250 - 350 miles) and charge quickly (250-350kW DC capability).

Want to know more about Ferrari electric car leasing?

Head to our dedicated Ferrari leasing section. or just get in touch with our team on 01942 910 001 or by emailing us at [email protected]