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Best Electric Cars to Lease in India | Buying vs Leasing

H. Karan Kumar

The electric vehicle (EV) revolution is gaining momentum in India, and leasing is emerging as a popular option for those wanting to experience the benefits of EVs without a long-term commitment. Leasing offers flexibility, lower upfront costs, and potentially aligns well with the fast-evolving EV landscape.

If you’re considering leasing an EV in India, here’s a breakdown of some of the top contenders to consider:

Budget-Friendly Options:

  • Tata Tiago EV: This hatchback is a frontrunner for budget-conscious EV seekers. Its compact size and zippy electric motor make it perfect for city commutes. Plus, its attractive lease deals make it an easy entry point to EVs.
  • Mahindra eVerito: Another compelling budget option, the eVerito offers a spacious cabin and a comfortable ride. Its reliable performance and competitive lease rates make it a good choice for families or those needing extra space.

Planning to Buy an E-Vehicle?

Mid-Range Powerhouses:

  • Tata Nexon EV: This subcompact SUV is popular for its blend of style, practicality, and firm performance. With a good range and spacious interior, the Nexon EV is ideal for those who want a versatile EV for city and highway driving.
  • MG ZS EV: This feature-rich SUV boasts a stylish design, a modern cabin, and a comfortable ride. The MG ZS EV offers a good driving range and competitive lease deals, making it a strong contender in the mid-range segment.

Luxury Electric Experience:

  • Mercedes-Benz EQC: For those seeking a premium EV experience, the EQC delivers. This luxurious SUV offers exceptional comfort, top-notch technology, and a powerful electric drivetrain. While lease rates will naturally be higher, it caters to a specific segment looking for a sophisticated electric option.

Factors to Consider Before Leasing:

  • Lease terms: Pay close attention to the lease duration, mileage limitations, and any additional fees.
  • Charging infrastructure: Ensure you have access to convenient charging options at home or work. Public charging infrastructure is growing in India, but it’s still important to factor in your daily needs.
  • Government incentives: The Indian government offers various subsidies and benefits for EV purchases and leases. Research and use these programs to make your lease even more affordable.
  • Maintenance costs: EVs generally have lower maintenance costs than petrol or diesel vehicles. However, understand the specific maintenance requirements included in your lease agreement.

Best companies to lease an EV in India:

Zecat is the only company dedicatedly offering electric vehicles on lease in India. These are the services Zecat offers:

  • We offer 7 days of EV experience, intended to give users a first-hand experience of the EV and check the user-scooter compatibility for long-term ownership. (This is a paid service)
  • Leasing services: After experiencing this, you can lease or buy the EV from us.
  • Charging support: Zecat will install a dedicated smart EV charger at your desired location, which you can use for fast and slow charging.
  • Servicing and Maintenance: Zecat will provide “free” doorstep maintenance and expert servicing for your electric vehicle.
  • Fully Insured vehicles: The vehicle you’ll get will be fully insured, and you don’t have to spend a single penny on the vehicle’s insurance.

Planning to Buy an E-Vehicle?

The Future of EV Leasing in India:

The EV leasing market in India is poised for significant growth. As the EV ecosystem matures, expect a wider variety of models, more competitive lease deals, and a growing charging infrastructure network. Leasing offers a convenient and potentially cost-effective way to experience the electric mobility revolution. By carefully considering your needs and budget, you can find the perfect EV lease to suit your lifestyle in India.