Corporate Fleet Leasing: Affordable, High Mileage Electric Vehicles

Corporate fleet leasing allows all types of businesses to acquire a fleet of vehicles without purchasing them outright. Whether using company cars to transport goods, simplify employee travel, or provide client services, partnering with a trusted fleet leasing company is crucial for overall success.

Spring Free EV is built to provide fleet management companies with affordable access to electric vehicles. By transitioning to electric vehicles, companies have access to serious cost-savings: lower maintenance costs and lower fuel costs alone significantly reduce total costs. Add in their sustainability and resale value, and electric vehicles become an easy business decision for corporate cars.

Even more, Spring Free EV understands the unique needs corporate fleets have and have tailored lease terms to meet them. How so?

1. Spring Free EV offers businesses lease options with zero to low down payments. Traditional open-ended leases involve significant upfront costs. With Spring Free EV as your lender, you can acquire fleet vehicles with little to no upfront cost, ensuring your cash flow remains strong.

2. Our lease terms are built for high-mileage usage. With a number of miles built into the monthly pricing system—and no mileage caps to boot—fleet managers can dispatch commercial vehicles all over town without worrying about costly fees.

3. To receive car financing, Spring Free EV does not require a personal credit score from lessees. Rather than focussing on your individual line of credit, we take a holistic approach, considering the whole health of your business and its potential for growth.

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Why Choose Spring Free EV for Your Corporate Fleet Management Services?

Navigating the complex web of vehicle financing requires skill, patience, and just the right management solutions. That’s where Spring Free EV comes in.

  • 1. Simplicity and Convenience
    Spring Free EV’s lease agreements are designed to simplify the process of acquiring electric vehicles for your commercial fleet. By offering a comprehensive financing solution that covers the vehicle, charging infrastructure, and maintenance, Spring Free EV streamlines the entire procurement process.
  • 2. Access to Top-Rated Vehicles
    Spring Free EV offers rental car companies some of the best electric vehicles on the market, including Tesla and Chevy Bolts. With consumers looking for eco-conscious rental services, you will be ahead of the competition, offering sustainable, stylish vehicles.
  • 3. Predictable Expenses
    Fleet loans through Spring Free EV offer fixed monthly payments that cover the cost of the vehicle, a number of miles built in, and any necessary maintenance. Electric vehicles inherently bring the total cost of ownership down. When paired with Spring Free EV’s financing solutions, fleet managers are more easily able to budget for and predict expenses.
  • 4. Scalability
    Spring Free EV is ready to adapt with you as your rental car fleet grows and your business needs change. Our financing model offers the flexibility for you to scale your fleet up or down as your fleet needs change.
  • 5. Sustainable Fleets
    By working with Spring Free EV, you are further reducing carbon emissions, promoting electric vehicle adoption, and stewarding your resources to care for the environment.

Our EV Fleet Leasing Models

Look good, do good, and save big. 

Spring Free EV offers those in fleet management affordable access to the latest EV models on the market. With telematics built in, efficient route planning and fuel management becomes that much easier. When it comes to vehicle selection, it’s a matter of how many, not which one.

Tesla 3: Impress drivers and clients alike with the Tesla Model 3. Known for minimal design, state-of-the-art technology, and exceptional safety features, the Tesla 3 can accelerate to 60 mph within four seconds and has a total range of 330 miles. If your business needs a compact EV, the Tesla 3 is an excellent choice.

Tesla Y: Looking for a slightly larger company vehicle? The Tesla Y is an electric SUV known for its versatility, performance, and advanced technology. It takes the Tesla Y a mere 4.8 seconds to accelerate to 60 mph, and with a full battery, the Tesla Y can travel up to 300 miles. Feeling low on charge? Just fifteen minutes at a Tesla SuperCharge station reboots its range to 175 miles. With its sleek design, spacious cabin, and generous amount of cargo space, the Tesla Y is the perfect SUV for commercial fleets.

Chevy Bolt: The Chevrolet Bolt is a compact electric vehicle known for its affordability, practicality, and efficient electrical performance. The Chevy Bolt has a range of 260 miles and can accelerate up to 60 mph in 6.5 seconds. Looking for a slightly large vehicle at our lowest price point? Look no further than the Chevrolet Bolt.

We have fast, easy access to the latest EVs

2024 Chevrolet
Bolt
from $650/mo
includes 2,000 miles/mo
2024 Tesla
Model 3
from $930/mo
includes 1,800 miles/mo
2024 Tesla
Model Y
from $1085/mo
includes 1,800 miles/mo

Flexible and Affordable Pricing

Spring Free EV: A Different Approach to Fleet Leasing

Spring Free EV offers electric vehicle leasing solutions with a unique focus on the needs of business, especially those that require high mileage driving.

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Traditional leasing models are designed for personal use, with contracts stipulating limits on mileage and fines for wear and tear. At Spring Free EV, however, we understand businesses that use commercial vehicles extensively and need cost-effective solutions. We therefore structure our closed-end leases accordingly.

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Spring Free EV offers a base rate with no mileage caps. This ensures rental car companies have all they need for their customers.

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Rather than relying on an individual’s credit check, Spring Free EV conducts a health check to assess the financial stability and profitability of a business as a whole. This approach makes fleet electrification that much more accessible for startups and small businesses.

FAQ

Unlike traditional leases, we are specifically for commercial use, have lower upfront costs, and are best suited for high mileage driving.

Our base monthly price includes 1,800 – 2,000 miles per month, depending on the vehicle. Once the included miles are reached we charge $0.08-$0.31 per mile.

Our vehicles can not be used as a personal vehicle. At this time we only offer commercial leases which require a business license to qualify. 

Electric vehicles (EVs) cut maintenance costs by having fewer moving parts, simplified maintenance routines (e.g. no oil changes), longer-lasting brakes, improved battery technology for longer lifespan, and utilizing remote monitoring for proactive maintenance. These factors lead to significantly reduced maintenance expenses compared to traditional vehicles.

Companies like Hertz estimate that they save 50-60% on maintenance by switching to electric vehicles. This in turn allows them to increase their profit margins.

On average, it costs $10-$30 to go from empty to full, depending on the kind of charger used. That cost is even lower if you’re able to charge at home – dropping down to $6 on average. 

For comparison, it costs gas vehicles $46-$57 on average to fill up.

We’re a seasoned group of entrepreneurs with rich backgrounds in mobility (Tesla, Sidecar, Getaround, Revel), renewable energy finance (Sunrun, Mosaic), and structured finance (Morgan Stanley, Rabobank).

Our investors include Reid Hoffman (co-founder of LinkedIn), Ev Williams (founder of Twitter), Stephen DeBerry (founder of Bronze VC) and Spring Lane Capital.

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Serving Top Florida Locations

Spring Free EV has established a robust presence across key areas in Florida, extending its services to major hubs such as Miami, Lakeland, Fort Lauderdale, Tampa, Tallahassee, and throughout Central Florida. Whether you need roadside assistance, on-site auto repair services, or overall fleet maintenance, Spring Free EV’s is on the ground and ready to help.

Our strategic footprint within Florida’s bustling cities and technology epicenters ensures we are well-placed to provide comprehensive fleet services, including tailored leasing solutions, maintenance services, and charging infrastructure support, to various industries and businesses. Our strong presence in Florida underscores Spring Free EV’s dedication to driving electric vehicle adoption and sustainability throughout the state.

Join Our Mission to Reduce Climate Change

Spring Free EV is working to reduce carbon emissions and create a cleaner, greener world. Join our mission to reduce climate change by transforming your taxi service into a sustainable, efficient, and cost-effective operation.

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How you save with Spring Free EV

Total Cost of Ownership (TCO)
  • Spring Free EV lease vs Traditional lease
  • Example: BMW 330i vs Tesla Model 3
  • Based on 125 miles/day and 36-month lease
 Traditional lease BMW 330i BMW 330i Spring Free EV Tesla Model 3 Tesla Model 3
Total Upfront costs1 $4,255 $1,250
Effective monthly payment (Lease payment, overage, down payment) $1,312 $1,244
Est. Fuel / Charging cost2 $444 $234
Maintenance3 $375 $225
Monthly TCO $2,131 $1,703
Monthly savings with Spring Free EV $428
Yearly Savings with Spring Free EV $5,132
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[1] Manufacturer advertised down payment on May 2023. Actual rate may vary.

[2] Advertised lease payment for southern California, May 2023. Actual rate may vary.

[3] Overage rate is $0.25 per mile over 1,250 (the average monthly mileage for a 15,000 mile per year lease)

[4] Fuel estimate for BMW 330i is based on 30 combined MPG and $3.55 gas/gallon. Charging estimate for Tesla Model 3 are based on 4.0 mi/kWh and $0.25 charging costs. Actual rates may vary.

[5] Average maintenance cost for a gas vehicle is $0.10 per mile. Average cost maintenance cost for EVs is $0.06 per mile

How Spring Free EV is different

No mileage cap

Leases come with 1,800+ miles/mo. Beyond that, pay only 8-16 cents

Path to purchase

Option to buy at end of term — the more miles driven, the lower the buyout price

One-stop supplier

From sedans and SUVs, vans to trucks, we’re your source for electric vehicles

Optimize cash flow

Low upfront costs (including a refundable deposit)

Here to help you scale

Build your business credit with each lease payment