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But yes, it’s an expensive way of driving a car, for people without a deposit.
Taking in to account all other additional costs eg tyres, servicing, VED etc. The only tricky question is residual value.
Each method has pros and cons and you need to figure out which suits you best, but knowing the numbers is a good start.
It is working out good value for him as it includes charging (several RFID cards provided including Instavolt and Ionity, although BP Pulse recently stated they were pulling out) which menas he isnt charging at home on his expensive home tariff. Also, his insurance premiums are pretty huge due to his age, so the fact the insurance is included means that overall it is nt a bad deal compard to a normal lease. Plus no long term commitment.
I mighteven look at it when replacing my salary sacrifice lease.
The car has a dashcam installed but apparently that is for ONTOs use, not sure what that is all about. Maybe they check you are at a charge point when you claim to be, as there seems to be no other control over who uses the RFID cards