Renault 5 E-Tech Finance UK: PCP Deals Explained
💡 Key Takeaway
Thinking about a Renault 5 E-Tech on finance? We look at a current PCP example, the Electric Car Grant, mileage limits and what to check first.
The Renault 5 E-Tech has been one of the most talked-about small electric cars in the UK. Retro looks, a sensible price and a genuinely fun drive have won it plenty of fans. ⚡
If you're thinking about getting one on finance, here's what a current deal looks like and what to check before you sign.
What is the Renault 5 E-Tech?
It's a compact electric hatchback that brings back the name of the classic 1970s Renault 5. It's sized for town but comfortable enough for longer trips.
There are two main battery options:
- 40kWh versions, aimed at urban driving and lower prices
- 52kWh versions, often called Comfort Range, with more range for longer journeys
A current PCP example
Renault dealer group SLM is advertising this PCP example on the Renault 5 Techno+ 150hp Comfort Range:
- On-the-road price: £23,945 (including the Electric Car Grant)
- Customer deposit: £4,151
- Renault deposit contribution: £250
- Amount of credit: £19,544
- 48 monthly payments of £249
- Optional final payment: £11,234
- Total payable by customer: £27,337
- APR: 5.9% representative
- Annual mileage: 6,000 (8p per mile over)
The offer applies to cars ordered between 1 October and 16 December 2026, and registered and financed by 31 March 2027. Finance is through Mobilize Financial Services, subject to status.
Offers change often and vary between dealers, so treat this as an example and always check the latest terms.
The Electric Car Grant 💷
The price above includes the government's Electric Car Grant. According to the dealer, the 52kWh Renault 5 qualifies for £3,750 off, while 40kWh versions get £1,500.
That's a big chunk off the price, and it lowers how much you need to borrow. Check the grant is still available and applies to your exact version when you order.
Watch the mileage limit 👀
That example is based on just 6,000 miles a year. That suits plenty of town drivers, but it's low if you commute.
Going over means excess mileage charges when you hand the car back. At 8p a mile, an extra 3,000 miles a year over four years would add up to £960.
If you drive more, ask for a quote with a higher mileage. Your monthly payment will go up a little, but it's usually cheaper than paying excess charges at the end.
PCP or HP?
PCP keeps monthly payments lower because a big chunk of the cost sits in the optional final payment. At the end you can pay it and keep the car, hand it back, or part-exchange.
Hire Purchase (HP) spreads the whole cost over the term, so payments are higher, but the car is yours at the end with no balloon. For a car you plan to keep for years, HP can make sense.
What to check before you sign ✅
- The APR and total amount payable, not just the monthly figure
- Whether the deposit contribution depends on a minimum deposit or term
- The mileage allowance against how you really drive
- Home charging, which makes running costs much lower
- Insurance group and the cost of cover for your postcode
Thinking about a Renault 5 in Reading or Berkshire?
The Renault 5 makes a lot of sense for local driving around Reading and the wider Berkshire area. It's easy to park, cheap to charge at home, and fun on a back road.
At We Finance Your Asset, we can help you compare dealer finance with other options, so you know you're getting a fair deal on your new or used Renault 5. Get in touch for a no-pressure chat. 🚗
Finance example from SLM's Renault 5 PCP offer page as of 12 November 2026. Subject to status; offers can change or end without notice.