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Get EVs hassle-free with salary sacrifice

Save up to 40% on a brand new EV with our employee benefits scheme.

What's included in the package?

Maintenance

Servicing, maintenance and repairs to keep your car in top condition.

Breakdown cover

At home or on the road breakdown assistance from the experts at the AA.

Insurance

Fully comprehensive insurance included as standard.

Plus, choose a charging offer that works for you

Pick between a free home charger with standard installation, or £600 public network credit via Octopus Electroverse, which is on average 4,000 miles worth of EV charge.

Learn more

How much could you save?

See how much you can save each month by opting for salary sacrifice. Pick your tax bracket and an electric vehicle to compare with a similar petrol/diesel car. Interested in how we do the math? Check out the details here.

Tax bracket
Electric
Fuel

Fuel

Total monthly savings
Total annual savings

Results are based on a 4 year lease at 5,000 miles per annum

Get your tailored quote

If your company has already joined our salary sacrifice scheme, log in to get a quote now. If your company hasn’t signed up yet, hit the other button to convince them to join the scheme.

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What's the charging offer?

As part of taking an EV with Octopus EV, we offer either:

  1. a free Ohme ePod (untethered) home charger with a standard installation and up to 4,000 miles worth of energy (£75) added to your Octopus energy bill as a credit, when you switch to the Octopus Intelligent Go tariff or Octopus Go tariff, or
  2. £600 of Electroverse charging credit.

You can read the full T&Cs for our charging offer here.

How do employees save up to 40% on the cost of an electric vehicle through salary sacrifice?

Employees make savings on their tax and personal benefits when they switch to an electric car under our salary sacrifice scheme.

The payments come straight out of the employee's gross pay, which reduces their monthly salary. Because of this reduction in salary, there is a subsequent reduction on income tax and national insurance payments. Employers' National Insurance payments are reduced too.

Money that you'd normally never see (because it goes straight out of your pay to HMRC) actually goes straight towards your electric car payments.

If you were leasing a car out of your net monthly payments (your salary after tax), you'd be paying your taxes and paying your car payments too. That's why it works out so much cheaper to get an electric vehicle through our salary sacrifice scheme.

I’ve heard there are long wait times. How soon can I get an EV?

It's no secret that there are supply chain challenges across the world at the moment for new cars, including EVs. But we’ve pre-ordered the most popular cars, either by reserving factory build slots with manufacturers, or buying cars that have already been made, so we can get you in one sooner. Your delivery timescale will differ depending on which make and model you go for, and how customised you want the car to be.

Do I need to be an Octopus Energy customer to get an electric car through Octopus EV?

In short, no.

But Octopus Energy customers do get loads of great freebies. For example, when you lease a car with us and switch to the Intelligent Octopus Go EV tariff you'll get 4,000 miles of free home charging.

You'll get a free Ohme ePod (untethered) charger with standard installation no matter who your energy provider is through our salary sacrifice scheme, or ultimate EV package.

If you're going to do most of your charging on the road and opt for the 4,000 free miles of charging with Electroverse, you'll get this no matter who your energy provider is.

Find out more about our charging offers here.

Is there any up front payment for employees?

No, employees don’t pay anything up front for their EV. They simply pay an agreed monthly amount through their  salary. Payments begin once the vehicle is on their driveway.

Can employees buy the car at the end of the agreement?

Most employees don’t choose to buy their car at the end of their agreement, but it's an option if they'd like to buy it outright, this would be at the car’s current retail value.