Subcompact EV leasing parity in Europe — Market Watch 01

Leasingfy Market Watch · Edition 01 · June 2026

A snapshot of how ten European markets price the smallest electric cars on lease — and how the same product class diverges by nearly fifty points across the continent.

The parity map

The chart above shows the median monthly cost of leasing a B1 subcompact EV versus its combustion equivalent, in each market’s dominant contract configuration, expressed as the EV premium over combustion. Negative values mean the EV is cheaper. Each market is represented by its dominant business or consumer channel, identified by where offer coexistence is largest.

Reading the map by market

• Portugal (B2B): +0.6%. Effective parity. High-mileage business contracts show medians within one percent of each other (€682 EV / €678 ICE). Portugal is the most mature market in our sample on this metric, and the only one whose monthly trend has narrowed by more than 25 points over the past twelve months.
• United Kingdom (B2C): +0.9%. Effective parity in the low-mileage, low-deposit consumer channel that dominates UK subcompact leasing (£541 EV / £536 ICE).
• Netherlands (B2B): +3.8%. Near-parity in high-mileage business contracts (€657 EV / €633 ICE).
• Netherlands (B2C): +8.7%. Light premium in low-mileage consumer contracts.
• Germany (B2C): +21.9%. Moderate premium in the low-mileage zero-deposit consumer channel.
• Belgium (B2B): +22.9%. Belgium is a business-channel market for subcompacts; B2C coverage is too thin to report.
• France (B2C): +27.5%. Limited coverage in the 36-month anchor; France is a 48-month dominant market and this view reflects only the minority of offers in our standard contract.
• Germany (B2B): +38.1%. Substantial premium in the high-volume business channel — over 5,000 ICE offers and 833 EV offers in the most recent three-month window.
• Poland (B2B): +42.1%. Strong premium in high-value, high-mileage business contracts (figures in zloty).
• Spain (B2B): +49.7% and Spain (B2C): +52.1%. Both channels show roughly 50% EV premia over combustion. The vehicles populating the EV side are real subcompacts (Renault 5, BYD Dolphin Surf, Nissan Micra, Alpine A290), not misclassified larger models.
• Italy (B2B): +54.6%. Similar pattern to Spain. Note that Italy is a 48-month dominant market; the 36-month view captures a meaningful minority of offers.

The Iberia paradox

Portugal and Spain are direct neighbours. Their car parcs are similar in mix and age, their EV charging infrastructures have grown at comparable rates over the past five years, and their populations face broadly similar new-car affordability constraints. They do not, today, share an EV leasing reality.

A Portuguese business buyer can today lease a subcompact EV at essentially the same monthly cost as a combustion equivalent. A Spanish business buyer cannot. The gap is half-again the combustion price. This is the single most interesting question the June 2026 data poses, and it is the subject of dedicated analysis we will return to in Market Watch 03.

About Leasingfy Market Watch

Leasingfy Market Watch is a monthly publication of Leasingfy, the proprietary European market intelligence platform for vehicle leasing and financing. Each edition focuses on a single thesis backed by LISA’s coverage of more than one million leasing offers across twenty European markets, updated daily. The next edition (MW02) is scheduled for July 2026.

© 2026 Leasingfy. Data: LISA proprietary market intelligence. This is offer-side data and may not represent transacted volumes.