Poor Credit
Unlimited Mileage
Min Deposit 10%
Riba Friendly Agreements
Shariah-Compliant Taxi Finance in the UK
At Taxi Finance Direct, we understand that many taxi drivers in the UK want to finance a vehicle in a way that is halal and Riba-free. That’s why we offer a finance product that doesn't not show interest, so you can get the car you need.
Typical Examples
Uber Deposit Contribution
£3,000
60 Months
£767pm
Customer Deposit
£2,000
Weekly Equivalent
£178pw
Typical deal.
No balloon payment, with unlimited mileage
Uber Deposit Contribution
£3,000
60 Months
£735pm
Customer Deposit
£1,000
Weekly Equivalent
£169pw
No balloon payment, with unlimited mileage
Uber Deposit Contribution
£3,000
60 Months
£656pm
Customer Deposit
£1,000
Weekly Equivalent
£151pw
No balloon payment, with unlimited mileage
Uber Deposit Contribution
£3,000
60 Months
£659pm
Customer Deposit
£1,000
Weekly Equivalent
£152pw
No balloon payment, with unlimited mileage
Riba? We can offer Finance Lease.
With a finance lease agreement, no interest is on the agreement. This alternative allows drivers to obtain the vehicle they need in a Riba friendly way. This follows closer to a 'lease to own' Ijara agreement.
Want to apply?
London’s Uber Grant: Helping Taxi Drivers Go Green without a Significant Deposit
As the world shifts towards greener, more sustainable practices, London’s taxi industry is evolving too.
With the rise of electric vehicles (EVs), taxi drivers are being given an incredible opportunity to upgrade their vehicles with little to no upfront cost, thanks to Uber's Electric Vehicle Assistance Scheme.
At Taxi Finance Direct, we’re here to guide drivers through the process of switching to energy-efficient electric taxis—whether you have a deposit saved or not.
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WORKING TOGETHER
Why Make the Switch?
01
Environmental Impact:
Switching to an electric vehicle drastically reduces your carbon footprint, helping London reduce emissions and improve air quality.
02
Lower Running Costs:
Electric taxis are more energy-efficient, with cheaper fuel and maintenance costs compared to traditional diesel models.
03
Future-Proofing Your Business:
The UK government is pushing for zero-emission vehicles, with plans to phase out petrol and diesel cars by 2030. By switching now, you’re staying ahead of the curve and ensuring your livelihood remains sustainable.
Grant for Eligible Drivers:
Uber is offering financial support to drivers looking to go electric. Depending on your status and driving history with Uber, you may be eligible for up to £5,000 towards the cost of an electric vehicle.
No Significant Deposit Required:
If you’re concerned about upfront costs, we’ve got you covered. With Taxi Finance Direct, we help structure your financing plan to ensure that switching to a greener vehicle doesn’t require a large deposit. In many cases, you can upgrade to an electric taxi with little to no initial payment.
Flexible Financing Options:
Our specialized financing options make it easy for you to take advantage of the grant and switch to an electric taxi. Whether you’ve got savings for a deposit or not, we’ll tailor a plan that fits your budget.
Ready to Switch to an Electric Taxi? Contact Us Today!
Whether you’re an Uber driver looking to take advantage of the EV Assistance Scheme, or just exploring your options for a more sustainable and cost-effective taxi, we’re here to help.
Contact Taxi Finance Direct to explore options for switching to an electric taxi. We’ll help you save money and minimize your environmental impact—without a hefty deposit.
Is it worth it?
How Much Can You Save with an Electric Taxi?
The potential savings of running an EV as a taxi cannot be overstated. From maintenance & fuel costs, to the daily grind of paying ULEZ. The savings add up to to £1000s for a typical taxi driver. One thing is for sure, its worth the investment to switch to full EV!
25%
Fuel Savings:
Electric vehicles are much cheaper to run than petrol or diesel cars. Charging an EV can cost as little as 25% of what you’d normally spend on fuel, meaning immediate savings for daily drivers.
50%
Lower Maintenance Costs:
Electric vehicles have fewer moving parts than traditional taxis, leading to up to 50% lower maintenance costs. No more regular oil changes or pricey engine repairs!
£4,500pa
Congestion Charge & ULEZ Exemptions:
Driving an electric taxi means avoiding the Congestion Charge and Ultra Low Emission Zone (ULEZ) fees in London, saving you up to £15 a day or £4,500 a year.
Why Choose Taxi Finance Direct?
Expert Advice
Our team understands the specific needs of London’s taxi drivers. We’ll help you navigate Uber’s grant program and find the best financing options available.
Tailored Finance Plans
We offer flexible finance plans with low monthly payments to ensure you’re not stretched beyond your means, even without a significant deposit.
Quick & Easy Application Process
Our straightforward application process ensures that you can get behind the wheel of a new electric taxi quickly, without the usual hassle of traditional financing
Want to apply?
Ready to Switch to an Electric Taxi?
Contact Us Today!
Whether you’re an Uber driver looking to take advantage of the EV Assistance Scheme, or just exploring your options for a more sustainable and cost-effective taxi, we’re here to help.
Get in touch with Taxi Finance Direct today to discuss your options and start the process of switching to an electric taxi. We’ll help you maximize your savings and reduce your environmental impact—without the burden of a large deposit.
Want to Talk?
Interested in learning more about how you can drive greener and save money? Contact us today or fill out the form to get started on your electric taxi journey. Please call us or fill the contact form.
