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Electric Vehicle Finance

Finance a luxury EV
through your business

Hire purchase and finance lease for Tesla, Porsche Taycan, Rimac, and high-performance electric vehicles through your limited company

The luxury EV market has matured rapidly, and lenders are catching up. From the Tesla Model S Plaid to the Porsche Taycan Turbo GT and the Rimac Nevera, we arrange business finance for high-performance electric vehicles, potentially benefiting from the tax advantages that may apply to zero-emission company cars.

What we do with your enquiry

  • Shape the proposal

    We describe the asset, seller and ownership goal so a lender sees a clear, well-evidenced case.

  • Compare from our panel

    Selected lenders from an extensive panel of 150+, set side by side on deposit, term, any balloon and total cost.

  • Stay with you to completion

    Your broker relays lender questions and our documentation team helps coordinate paperwork if you proceed.

Sorbus is a credit broker, not a lender. Approval, rates and savings are not guaranteed, and a manufacturer or retailer proposal may still suit you best.

2% BIK
Benefit in kind rate (2024/25)
100%
First-year allowances available
from 7.9%
Indicative APR
24–60 mo
Finance term
Lewis Booker — Prestigious Assets Specialist

Lewis Booker

Prestigious Assets Specialist

Speak directly with Lewis on 01246 383 500

Why Sorbus Finance

Specialist access,
explained by a person

Zero-emission BIK advantage

Zero-emission company vehicles attract a 2% benefit-in-kind rate (2024/25), versus 20–37% for high-emission ICE vehicles. A £150,000 Tesla may cost a director significantly less per month in personal tax than a comparable petrol equivalent, subject to individual tax circumstances.

First-year capital allowances

Businesses may be able to claim 100% first-year capital allowances on new electric vehicles purchased outright or via hire purchase, or deduct lease payments on finance lease. The structure matters. We outline the options upfront and recommend involving your accountant.

Independent of manufacturer finance

Tesla Finance, Porsche Finance, and similar manufacturer schemes exist but aren't always the most competitive option. We access independent lenders who often offer better rates, more flexible structures, and faster decisions.

Structures for luxury EV business finance

Hire purchase may give you capital allowance eligibility from the date of acquisition. Finance lease keeps the vehicle off your balance sheet. For directors considering the BIK position, the structure matters. We outline the implications before you commit and recommend discussing your specific position with your accountant.

View our full prestigious finance range
Minimum asset value£50,000
Maximum asset value£2M+
Deposit range10–25%
Finance term24–60 months
Indicative APRfrom 7.9%
Decision timescale24–48 hours

Terms and pricing depend on the vehicle, applicant, lender and agreement. Ask for a written quote showing the full amount payable before deciding.

How it works

01

Vehicle and business details

Tell us the vehicle, intended use, and company structure. We'll outline the tax position and most appropriate finance product before you commit.

02

Lender comparison

We run your case against manufacturer and independent lenders simultaneously and present the best available terms: rate, structure, and flexibility.

03

Collect and drive

Funds released to the dealer. You collect the same day. We remain available for any queries throughout the term.

Start the conversation about your purchase

Tell us what you're looking to finance and we aim to respond within one business day, Monday to Friday, 9am to 5:30pm. Sending this starts a conversation, not an application, and commits you to nothing.

Enquire about Luxury EV Business Finance

Start with a conversation

Tell us a little about what you need and who you would like to speak to. No obligation, no credit check at this stage. We aim to respond within one business day, Monday to Friday, 9am to 5:30pm.

A preference, not an appointment. We pass it on where we can. We aim to respond within one business day, Monday to Friday, 9am to 5:30pm. This is an aim, not a guaranteed callback time.

We will use your details to respond to your enquiry. We may share information with our principal, lenders and service providers where necessary, or where required by law, as explained in our Privacy Policy. Marketing emails are optional and depend on your separate choice.

Prefer to call?

Speak directly to an adviser Monday–Friday, 9am–5:30pm.

01246 383500

Free call. No obligation.

Unique to Sorbus Finance

Optional: Business Finance Health Check

Before applying for luxury ev business finance, understand your lending readiness, resilience score, and exit strategy, in under 5 minutes.

Take the short Health Check

Free · No credit check · Not required before you talk

Want the full picture? The full fact-find is longer and also optional.

Questions answered

Finance your luxury EV through your business

Zero-emission tax advantages. Independent experts. No upfront fees.

01246 383500