Should I Buy or Lease the Battery for My Electric Car?

My electric car’s battery: should I buy or lease?

Are you considering purchasing an electric car but unsure whether to buy or lease the battery? This decision can have a significant impact on your overall driving experience. In this article, we will explore the advantages of both options to help you make an informed choice.

Advantages of Battery Purchase

A Performance Guarantee

When you purchase a Renault ZOE battery, you receive a guarantee of 8 years or 160,000 km. The warranty for Kangoo Z.E. and Master Z.E. batteries covers 5 years or 100,000 km. These guarantees ensure that you can enjoy reliable performance and peace of mind.

Technological advancements have resulted in durable batteries that maintain a high energy capacity over time. On average, electric car batteries retain 70-75% of their initial energy capacity after 8 to 10 years of use. Additionally, energy capacity improvements have led to increased driving ranges. For example, the Z.E. 50 battery provides the new Renault ZOE with a range of up to 395 km, a 25% increase compared to its predecessor.

An Appealing Investment for Frequent Drivers

Purchasing a battery is an excellent investment for drivers who cover a significant number of kilometers each year. The purchase cost is equivalent to leasing the battery for 100 months (over 8 years), offering a cost-effective solution. Unlike leasing, there are no distance limits, allowing you to drive freely without any concerns about additional charges.

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Advantages of Battery Leasing

Spreading Out the Cost Over Time

By choosing battery leasing, you can spread out the cost of the car over several years. This arrangement is similar to other products like phones and internet plans, making it a familiar and convenient choice. You can opt for a leasing plan based on your yearly driving needs and adjust it accordingly. Moreover, if you decide to sell your Renault ZOE, the battery rental lease is transferable without any cancellation fees.

Free Battery Replacement

One significant advantage of battery leasing is the free replacement of the battery in case of capacity loss. This applies to both new and used electric vehicles purchased through the Renault network. Additionally, Renault takes full responsibility for the battery throughout its entire life cycle, including recycling.

Assistance in the Event of a Breakdown

Battery leasing contracts include comprehensive breakdown coverage, including power failures. In case of a breakdown, your car will be picked up and taken to the nearest major charging point within an 80 km radius, ensuring peace of mind and uninterrupted driving experience.

The Choice is Yours

Thanks to advancements in battery technology, both purchasing and leasing offer compelling advantages. Ultimately, the decision to buy or lease a battery depends on your personal spending habits and monthly driving distance. Regardless of your choice, you can enjoy a high-quality product with a long life expectancy, backed by Groupe Renault’s expertise in electric vehicles.

Warranty levels may vary depending on the vehicle model, and the WLTP range is based on a standardized driving cycle (57% urban driving, 25% suburban driving, 18% highway driving).

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Remember to consider your unique needs and preferences when deciding whether to buy or lease the battery for your electric car.