The 2020’s are the coming of age of Electric cars. And we here at JBR Capital have funded so many high-end electric cars that we thought we should shout about it – We have a specialised team of experts funding electric and hybrid cars. They use a slightly different process as there are different considerations and funding methods. Consequently our electric geeks form their own sub-brand: JBR Electric. Electric cars are exhilarating – with an otherwise family class Tesla X pushing acceleration and performance only matched by the fastest of supercars. But its now not just Telsas in the market, with most marques and certainly super car manufacturers releasing Hybrid or Electric versions. Owning that electric supercar could be far more affordable than you think. If you’ve chosen the perfect car for you, or you need help to fund one, chat to JBR Electric on 020 3355 0035.
Electric Cars we finance
Electric Car Finance Examples:*
*Shown below are hire purchase with balloon finance examples, purely for indicative purposes. Please contact one of the team for a tailored quotation.
Tesla Model S Hatchback |
|
|---|---|
| Year | 2017 |
| Value | £100,000 |
| OUR FINANCE EXAMPLE | |
| Deposit | £10,000 |
| Total amount of credit | £90,000 |
| Total charge for credit | £19,323 |
| 48 monthly payments | £1,223 |
| Final balloon payment | £50,000 |
| Total amount payable | £119,323 |
| Fixed rate of interest per annum | 6.49% |
| Duration of agreement | 49 months |
| Representative APR | 6.9% |
| Interest Type | Fixed |
BMW i8 Series |
|
|---|---|
| Year | 2015 |
| Value | £46,000 |
| OUR FINANCE EXAMPLE | |
| Deposit | £4,600 |
| Total amount of credit | £41,400 |
| Total charge for credit | £8,888 |
| 48 monthly payments | £556 |
| Final balloon payment | £23,000 |
| Total amount payable | £54,888 |
| Fixed rate of interest per annum | 6.25% |
| Duration of agreement | 49 months |
| Representative APR | 6.90% |
| Type of Interest | Fixed |
Porsche Taycan 4S |
|
|---|---|
| Year | 2021 |
| Value | £83,500 |
| OUR FINANCE EXAMPLE | |
| Deposit | £8,350 |
| Total amount of credit | £75,150 |
| Total charge for credit | £16,390 |
| 48 monthly payments | £984 |
| Final balloon payment | £44,000 |
| Total amount payable | £99,890 |
| Fixed rate of interest per annum | 6.55% |
| Duration of agreement | 49 months |
| Representative APR | 6.90% |
| Type of Interest | Fixed |
We know that every car and every owner is different.
What our clients say
Why Finance with us?
BESPOKE FINANCE
Every hybrid or fully electric car is unique, we offer highly personalised, custom-built finance solutions to suit you, your financial needs and the car itself. Try our electric car finance car lease deals and car lease packages. These offer lower rates and easier financing. Call us to lease your electric or hybrid car today.
Quick decisions
Not as fast as your car will be, but thanks to our expertise in financing electric cars the team will deliver the ideal electric car finance package for you, quickly and effectively. Most of our customers get the go-ahead on their electric car finance within a week.
Competitive rates
Our credit analyst team approaches finance enquiry individually, never through computer-driven algorithms, so we can often offer better monthly rates for your finance, and competitive finance offers even to clients who might have been turned away elsewhere.
Electric Car Finance FAQs
How much deposit will I need?
Usually 10-20% of the cost of the vehicle. The exact sum will depend on your financial situation and whether you are buying a new or used car. However, there are a few agreements that do not require any deposit, whereas others may ask for up to 30 per cent to qualify for a low interest rate. Of course, the more money you can put down as a deposit the less you’ll have to borrow and therefore the lower your monthly repayments will be.
I have bad credit; can I still get sports car finance?
The short answer is: Quite possibly. We take a holistic approach to credit underwriting and assess each application on its own merits. There are often very valid reasons why someone has a less than perfect credit history, and we always take into account each individual’s circumstances. If you’d like to discuss this, we’d be delighted to explain further.
Can I settle the agreement early?
Yes, but charges will usually apply – these are explained in the terms and conditions of your agreement. Please call us for further information.
Can I reduce my monthly payment?
You can reduce your monthly repayments by putting down a larger deposit at the start of a finance agreement, or deferring a lump sum (also known as a balloon payment) until the end of the agreement, which can be a useful option in some circumstances. Call us to discuss your options and we can explain more.
What interest rate will I be charged?
As luxury, private car finance lender, financing your supercar with us, has never been simpler. Our sports car finance options range from Hire Purchase, Lease Purchase, Refinance and Personal Contract Hire. See our sports car finance examples for more information.
Can I arrange finance for more than one car?
Yes – we have financed multiple car purchases for many clients. We look to build long-standing relationships with our clients and we’ll be happy to assess your requirements.
Expert, independent and secure
We are happy to lend anything from £25,000 to £750k, and to date we have loaned almost £600M. We pride ourselves on personal service, which means that we don’t just punch numbers into a computer and wait for an answer – we talk to you, use our expert knowledge to assess you and your vehicle, and arrange a finance package to suit your needs.
As a result, we have received numerous awards and nominations, including the Auto Finance Awards, Motor Finance Awards and Car Finance Awards.
Our management team has decades of combined experience in the worlds of automotive finance and financial services. We are full members of the Finance & Leasing Association and abide by its FLA Lending Code on trading fairly and responsibly. We are also authorised and regulated by the Financial Conduct Authority.
We take pride in the bespoke nature of our service and our four core finance products can be tailored to meet your specific requirements. If you are looking to fund your dream car then a hire or lease purchase package could be for you. Alternatively, owners interested in unlocking capital in their vehicle can talk to us about equity release. Take a look at the relevant links below to discover more about the range of options available to you.
Talk with us to
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