Leasing Industry Thrilled By Renault’s Decision To Include Battery With ZOE i, Kangoo Z.E. i
As we predicted, Renault’s decision to make available the battery for purchase with the ZOE and Kangoo Z.E. is proving to be a wise choice.
According to Fleet World:
“A new ownership package for two of Renault’s most popular electric vehicles has been welcomed by the leasing industry.”
“It’s a shift in policy that has won the support of some of the country’s biggest leasing companies, which struggled to forecast accurate residual values for the vehicles.”
“In fact, Zenith Leasedrive simply chose not to include the Kangoo ZE and Zoe in its EV line-up at all, but told Fleet News that both vehicles will now be offered to customers.”
A simple change, such as including the battery in the purchase (previously, the battery was lease-only) makes a world of difference. Ian Hughes, commercial director at Zenith Leasedrive, stated:
“We are delighted with the change of direction by Renault in its electric vehicle strategy.”
“It was particularly difficult to forecast an accurate residual value in circumstances when a vehicle is bought but the battery hired – a bit like trying to sell a car without an engine.”
Leasing firm Alphabet likewise welcomes the change Alphabe. head of consultancy services, Jon Burdekin, states:
“This move from Renault removes the complication. It will also remove any potential confusion in the market as to whether the battery is included in the quote or not. By making things easier to understand, Renault brings itself in line with other manufacturers in an area which it was previously behind on.”
And so too does Lex Autolease. Here’s what Chris Chandler, Lex Autolease’s principal consultant, says:
“The introduction of a battery purchase option will make contract hire simpler for Lex Autolease. It is much simpler for us as a business to own both the battery and the vehicle.”
Even Renault now realizes that the decision to include the battery is essential:
“This will open the door to fleet [customers].”
“The addition of full purchase versions on our core EV models will offer business customers a greater choice and further strengthen our position in the EV market.”
That’s according to Ken Ramirez, managing director of Renault UK.
Here are the details on Renault’s battery hire versus battery purchase programs:
PRICING – ZOE & ZOE i
Battery Hire* Battery Purchase ZOE Expression £13,995 n/a ZOE Dynamique Zen £15,195 n/a ZOE Dynamique Intens £15,195 n/a ZOE i-Expression n/a £18,443 ZOE i-Dynamique Zen n/a £20,043 ZOE i-Dynamique Intens n/a £20,043
*= Battery Hire on ZOE from £25/month
N.B. All pricing figures are after the Government Plug-in Car Grant.
PRICING – KANGOO Z.E. & KANGOO i Z.E.
Battery Hire* Battery Purchase Kangoo Van Z.E. £12,995 n/a Kangoo Maxi Z.E. £13,895 n/a Kangoo Maxi Crew Van Z.E. £14,395 n/a Kangoo Maxi Crew Van CAB Z.E. £14,895 n/a Kangoo i Van Z.E. n/a £16,161 Kangoo i Maxi Z.E. n/a £17,062 Kangoo i Maxi Crew Van Z.E. n/a £17,561 Kangoo i Maxi Crew Van CAB Z.E. n/a £18,062
* = Battery Hire on Kangoo Z.E. from £33/month
N.B. All prices excluding VAT and after the Government Plug-in Van Grant.
Source: Fleet News