Commercial EV Fleet Leasing & Financing

Unlock the Power of Electric Vehicles

Scale your fleet with lower upfront and overall ownership costs


Gig Driver? Click here for our special lease program

Spring Free EV can accelerate your business

Adding electric vehicles to your fleet has never been easier — or smarter. 

Mileage

Get approved for a line of credit to quickly, seamlessly add vehicles

Lower cost

Lowest high mileage, closed-end lease in the industry

Tax deductible

Cut maintenance costs by up to 60%

Electric Vehicle Fleet Programs

Integrating EV vehicles into commercial fleets enhances operational efficiency and sustainability. Yet, fleet managers are deterred by high initial costs. Not so when you partner with Spring Free EV.

What Our Customers Say

EV

"After we completed our due diligence, we saw ourselves aligning with Spring Free as a real partner from now and in the future."

Jerome Mends-Cole,
SacTesla

EV

"It's basically just sign an agreement and the car is delivered as soon as it's available."

Jaren Skinner,
ISLAND RIDES

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

[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

Closed-end leases come with 1,800+ miles/mo. Beyond that, pay only $0.08-$0.31 per mile

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

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.

Resources for Fleet Managers

Your ultimate resource for maximizing operational efficiency and profitability. Explore expert insights, tips, and updates on fleet management and electrification

As Seen in

Best-In-Class Partners

EV Fleet Services Across Multiple US States:

Spring Free EV now serves several states across the US, offering businesses in diverse regions the opportunity to upgrade their fleets with our affordable EV leasing programs. Experience the same commitment to efficiency and sustainability, no matter where your business is located.

AL AR CT DE ID IN IA KS KY LA ME MD MA MI MN MS MO MT NE NH NJ NM NC ND OH OK OR RI SC SD TN UT VT DC WV WI WY AZ CA CO FL GA IL NV NY PA TX VA