Leasing industry welcomes Renault battery U-turn

A new ownership package for two of Renault’s most popular electric vehicles has been welcomed by the leasing industry.

It will now offer customers in the UK the chance to buy the Kangoo ZE and Zoe with a battery; previously the only option was to lease the power source separately.

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.

Ian Hughes, commercial director at Zenith Leasedrive, said:

“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.”

The policy required Alphabet to create a complicated “workaround”, according to its head of consultancy services, Jon Burdekin. He said:

“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.”

Read more: Fuel Included

Home Forums Leasing industry welcomes Renault battery U-turn

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    Trevor Larkum
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    A new ownership package for two of Renault’s most popular electric vehicles has been welcomed by the leasing industry. It will now offer customers in
    [See the full post at: Leasing industry welcomes Renault battery U-turn]

    #12354

    kentish
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    Anybody heard of one actually being sold with the battery yet ?

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