Renault Zoe Lease Is Just £269 A Month Thanks To High Residual Value

The Renault electric hatch will be offered with monthly payments of between £269 and £309.

2019 Renault ZOE

James Fossdyke

By: James Fossdyke

Dec 1, 2019 at 10:01am ET

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Renault’s updated Zoe electric hatchback has earned itself “class-leading” residual values, the French company has claimed.

According to the manufacturer, industry expert Cap HPI has said the zero-emission supermini will be worth 42 percent of its original value three years and 30,000 miles after it was first registered. Renault says the rating, which “compares strongly with other new all-electric models” means it can offer customers zero-percent personal contract purchase (PCP) finance deals starting at £269 per month.

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That money, which is paid alongside a £2,995 initial payment, gets you a basic Zoe Play R110 Z.E.50 model for two years, with 24 monthly payments followed by an optional final payment of £15,657. In total, that deal will amount to a payment of £25,670 - exactly the same as the list price of a base-spec Zoe once the government’s £3,500 Plug-In Car Grant is applied.

Renault Zoé 2019

The zero-percent Renault Selections PCP finance package is available across the new Zoe range over a 24-month term. To bag the the flagship GT Line R135 Z.E.50 with optional 50kW DC rapid charger, customers will have to fork out £309 a month - the highest monthly payment of any model in the line-up.

Included in that price is a car that has been completely revamped, with a new 52 kWh battery results that allows a range of 245 miles between charges, according to the latest WLTP economy test. Inside, the newcomer benefits from a new 10-inch driver instrument display panel and a 9.3-inch portrait touchscreen infotainment system. For added eco-smugness, there’s also new upholstery available, which has been made entirely made from recycled materials.

2019 Renault ZOE

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Unlike the original Zoe, the new model will be available solely in “full-purchase” guise, meaning there’s no option to lease the battery pack. Renault says the decision was taken because the strengthened residual values mean there is no need for a cost-cutting battery lease option. The company also says the change brings the car into line with other electric models in the UK market and offers customers a “simplified choice”.

The new Zoe is joining a Renault range that already includes the Kangoo Van Z.E. 33 light commercial vehicle (LCV), which arrived in October 2018, while that’s joined by the larger Master Z.E. LCV, which was launched earlier this year. Rounding out the range is the Twizy quadricycle, which is currently still available with a battery lease, but will soon be offered solely in full-purchase spec.