Financial Lease
Electric Car Financial Lease: Business Charging
Updated
More and more entrepreneurs are switching to a fully electric vehicle (EV) for their business mileage. Financial lease makes the transition to electric driving financially viable without a large one-off investment. This way, you combine sustainability with maintaining business liquidity.
Why lease an electric car via financial lease?
An electric car typically has fewer moving parts, which can lead to lower maintenance costs over its operational life. Furthermore, an emission-free vehicle contributes to a sustainable image for your company.
By opting for a financial lease, the vehicle is placed on your balance sheet as an investment. This allows you to benefit from depreciation and interest deductions. View various electric vehicles to find a suitable model.
Tax aspects and subsidies
Specific government incentives and lower road tax rates often apply to electric vehicles. The exact amount of any environmental subsidies or rules regarding the addition to taxable income (bijtelling) change regularly.
Consult your financial advisor or the current rules of the Tax Authorities to see which benefits apply to your business EV at this time.
Practical matters: range and charging point
When purchasing an electric car, it is advisable to carefully consider the required range and charging options at your business or home. Often, the purchase and installation of your own charging point can be included in the total financing.
- Align the range with your daily journeys
- Charging point optionally includable in financing
- Savings on fuel costs by charging electrically
Charging infrastructure and cost management: what is possible?
In addition to physical installation, managing charging costs is also essential. Various systems are available that provide insight into consumption and associated costs, and also facilitate the settlement of home charging sessions with the employer. This significantly simplifies administration and ensures that all incurred costs are correctly allocated and processed, both for the entrepreneur and for any employees who charge at home.
Residual value and end of financial lease: what should I pay attention to?
The residual value can influence the total depreciation of the vehicle within your company. It is wise to delve into market developments for electric vehicles to make a realistic estimate of the expected value after the lease period. This helps in determining a potential sales strategy or planning a replacement investment for your company's fleet.
Frequently asked questions
Does the 500-kilometre limit for private use also apply to an electric car?
Yes, if you drive less than 500 kilometres privately per year and can prove this with a comprehensive mileage log, you do not have to pay the addition to taxable income (bijtelling).
What happens to the battery at the end of the lease agreement?
Since you become the owner of the car with a financial lease, the battery also remains your property. Manufacturers often offer long-term factory warranties on batteries.