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EV Finance Calculator

Instant monthly payment estimates for PCH, BCH, HP and PCP — no credit check, no commitment

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£5,000£200,000
£0 (0%)30% of price
Note: These are representative estimates based on 7.9% APR. Your actual rate will depend on credit status, vehicle and lender. Get a personalised quote below for an accurate figure.

Estimated Monthly Payment

Per Month
£686
PCH · 48 months · 10,000 mi/yr
⚡ 7.9% APR Representative
Vehicle Price £35,000
Deposit / Initial Rental £3,500
Amount Financed £31,500
Total Monthly Payments £32,928
Total Amount Payable £36,428
At End of Term Nothing to pay
PCH/BCH: Simply hand the vehicle back at the end of the term. No balloon payment, no ownership obligations.
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How EV Finance Works

Three simple steps to your next electric vehicle

1

Use the Calculator

Enter your vehicle price, deposit and preferred term to get an instant monthly payment estimate.

2

Get a Personalised Quote

Our team compares quotes from 10+ lenders on our panel to find the best rate for your circumstances.

3

Drive Away

Once approved, your new EV is delivered — often within 2–4 weeks. Simple, fast, electric.

Understanding the Finance Types

PCH — Personal Contract Hire

You rent the car for a fixed period and hand it back. Monthly payments are lower than HP/PCP as you're only paying for depreciation, not the car's full value. Road tax included. No ownership.

BCH — Business Contract Hire

The business equivalent of PCH. Prices are shown ex VAT — VAT-registered businesses can reclaim 50% (or 100% for pure commercial use). Zero BIK on EVs is a massive tax advantage.

HP — Hire Purchase

You pay for the full vehicle cost over the term. After the final payment, you automatically own the car. No mileage restrictions, no balloon payment, no final decision required.

PCP — Personal Contract Purchase

Lower monthly payments than HP because you only finance the depreciation, not the full value. At the end you choose: hand back, part-exchange, or pay the Guaranteed Future Value (GFV) to own.

Finance Disclaimer: EVZOO is a credit broker, not a lender. This calculator provides indicative estimates only and does not constitute a credit agreement or financial advice. Monthly payments shown are based on a representative 7.9% APR. Your actual rate will depend on your credit score, the vehicle, and the chosen lender. Finance is subject to status and available to UK residents aged 18 and over. Written quotations available on request. Always consider whether a finance product is right for your circumstances. EVZOO Ltd is authorised and regulated by the Financial Conduct Authority (FCA registration number pending).