Kia has announced a range of new leasing offers on its vehicles, with a particular emphasis on making their electric models more accessible to customers. The latest financing deals are designed to encourage the adoption of electric vehicles (EVs) by offering significantly lower annual percentage rates (APRs) compared to petrol models. These offers will be available from 1st July to 30th September 2024.
Competitive Rates for Electric Models
Kia is offering an attractive 2.9% APR on finance options for its EV6, Niro EV, and Soul EV models. This low rate aims to make transitioning to an electric vehicle more financially appealing. Customers can benefit from this rate with no minimum deposit required and generous finance deposit contributions (FDC). The EV6, starting at £45,275 on-the-road (OTR), includes a £2,000 FDC. Similarly, both the Niro EV and Soul EV come with a £1,500 FDC.
The newly introduced EV9, which has garnered multiple accolades recently – is available at a 4.9% APR. This rate is still considerably lower than the rates for non-electric models, making the EV9 an appealing option for those seeking a larger electric vehicle. The EV9 is available in three distinct grades, providing ample choice for consumers.
Much Higher Costs for Non-Electric Models
In contrast, Kia’s non-electric models, including hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs), are available at a higher 7.9% APR. This stark difference highlights the financial benefits of opting for an electric vehicle from Kia's range. The higher APR for fossil-fuel cars reflects a broader industry trend to promote greener alternatives and reduce emissions.
Additional Incentives
To further incentivise customers to switch to electric vehicles, Kia is offering a £500 saving for existing finance customers who upgrade to an electric model. This ‘Kia EV Finance Upgrade' is available across Kia's fully electric range, including the EV9.
Moreover, new customers of Kia’s fully electric models will receive a one-year free subscription to Kia Charge Plus. This service simplifies public EV charging and provides access to over 700,000 connectors across the UK and Europe, with a 15% discount on most networks and no session fees, excluding specific networks like bp pulse, Pod Point, and Ionity. Kia EVs are, of course, compatible with chargers from Rolec, EO, Humax etc.
Special Offers on the Kia Sportage
For those interested in the popular Kia Sportage, all orders placed between 1st July and 31st August will benefit from two years of free servicing. The Sportage, available in petrol, hybrid, and plug-in hybrid variants, remains one of the UK’s most sought-after models due to its versatility and efficiency.
Enhanced Finance Deposit Contributions
Kia’s latest offers also include enhanced finance deposit contributions across its model range. Customers can receive £2,000 off the EV6, £1,500 off the Niro EV or Soul EV. There are some small additional savings elsewhere in the range.
Kia’s new leasing offers reflect the company’s commitment to promoting electric vehicles by providing more affordable finance options compared to traditional petrol models. These initiatives are set to make electric vehicles a more attractive option for consumers, furthering the shift towards more sustainable transportation.
These offers are available to private customers in the UK and are subject to terms and conditions. Kia reserves the right to amend or withdraw offers at any time without prior notice.
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