- Octopus Electric Vehicles says second hand salary sacrifice leasing makes EVs more affordable
- Drivers can access popular EVs such Renault Zoe, Peugeot e-208 and Vauxhall Mokka-e for £300 a month, including running costs
- Tesla Model 3 and Polestar 2 work can be some 50% cheaper than their petrol or diesel equivalents
OCTOPUS Electric Vehicles has launched second hand leasing for salary sacrifice customers.
The company says that used leasing makes electric vehicles (EVs) more accessible to drivers, with insurance and maintenance included at £300 a month for cars such as the Renault Zoe, Peugeot e-208 and Vauxhall Mokka-e .
Octopus EV says it is offering a wide range of electric cars under its second hand scheme – from more affordable models to executive vehicles.
All of the cars on offer are less than two years old and have been fully serviced, according to Octopus EV.
Used cars make up more than four out of five car sales in the UK, and so to reach net zero transport, we need to build a strong second hand market for electric cars. As with all tech, the early models are expensive but with a growing fleet of second hand cars, you can now run one of these high tech, green, fun cars for half the price of an old school gas guzzler.
Leasing for EVs is an attractive option for people looking to go electric, allowing drivers to switch to the latest tech every few years and take advantage of low fuel costs. Very few of our drivers ever look back, and now going electric is even more affordable, opening it up to more drivers that may not have previously considered it.
This summer, Octopus Electric Vehicles announced that it has reached £650 million of electric car funding to further support its salary sacrifice offering. The EV specialist business has increased its headcount tenfold since May 2021, creating more than 225 new green jobs across offices in London, Weybridge, Brighton and Manchester. Octopus also recently took its EV expertise to America with the launch of Octopus Electric Vehicles in the US.
Octopus launched its salary sacrifice programme in 2020 and now works with more than 3,500 companies.
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Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
