How to find the best leasing deals

You'll make the most savings on EVs if you go through a B2B scheme like salary sacrifice.

Why EV salary sacrifice?

Did you know around 80% of EVs on the road in the UK are business-owned. This includes EVs on the road through business leasing and EV salary sacrifice schemes.

That's because the manufacturers themselves can't offer the exclusive discounts available through government incentives and schemes, such as EV salary sacrifice.

What are the benefits?

Why choose the Octopus electric car scheme?

Over 7,000 employers are giving their employees the ultimate benefit with our electric car salary sacrifice scheme. They simply lease an EV from us and the employees pay for it from their pre tax salary - saving them money and making owning an EV more affordable.

Don't get left in the dust, join those forward thinking organisations and experience the electric revolution first hand.

How to find the best leasing deals

You'll make the most savings on EVs if you go through a B2B scheme like salary sacrifice.

Why EV salary sacrifice?

Did you know around 80% of EVs on the road in the UK are business-owned. This includes EVs on the road through business leasing and EV salary sacrifice schemes.

That's because the manufacturers themselves can't offer the exclusive discounts available through government incentives and schemes, such as EV salary sacrifice.

Benefits of joining our salary sacrifice scheme

Why choose the Octopus electric car scheme?

Over 7,000 employers are giving their employees the ultimate benefit with our electric car salary sacrifice scheme. They simply lease an EV from us and the employees pay for it from their pre tax salary - saving them money and making owning an EV more affordable.

Don't get left in the dust, join those forward thinking organisations and experience the electric revolution first hand.

EV salary sacrifice explained

Salary sacrifice is a way of getting a shiny new EV saving up to 40%. The payments come out before tax, so your taxable income drops and you pay less in Income Tax and National Insurance.

In other words: money that would usually disappear to HMRC goes towards your new wheels instead.

And with Octopus EV, your monthly payment bundles in 4,000 free miles or a charger plus insurance, servicing, tyres, maintenance, breakdown cover, the whole shebang.

Personal leasing is more like a long-term rental but without the nice tax perks.

You’ll need an upfront deposit, plus monthly payments, and at the end you hand the car back or, if allowed, pay a big lump sum to keep it. No tax savings, no extras rolled in… just a regular lease.

Unless, you go with our Intelligent EV personal leasing package of course. In which case, you do get a few extra perks thrown in.

What’s the difference between salary sacrifice and personal leasing?

Personal leasing explained

Both costings are based on 40 year old, 40% taxpayer taking out a 48 month lease with 5k miles per year. Personal lease rentals and other items are estimated averages from third party sources and will vary by driver and location. Insurance is usually the biggest variable. Pricing correct as of 09/03/2026.

What's the difference between salary sacrifice and personal leasing?

Salary sacrifice is a way of getting a shiny new EV saving up to 40%. The payments come out before tax, so your taxable income drops and you pay less in Income Tax and National Insurance.

In other words: money that would usually disappear to HMRC goes towards your new wheels instead.

And with Octopus EV, your monthly payment bundles in 4,000 free miles or a charger plus insurance, servicing, tyres, maintenance, breakdown cover, the whole shebang.

Personal leasing is more like a long-term rental but without the nice tax perks.

You’ll need an upfront deposit, plus monthly payments, and at the end you hand the car back or, if allowed, pay a big lump sum to keep it. No tax savings, no extras rolled in… just a regular lease.

Unless, you go with our Intelligent EV personal leasing package of course. In which case, you do get a few extra perks thrown in.

EV salary sacrifice explained

Personal leasing explained

Both costings are based on 40 year old, 40% taxpayer taking out a 48 month lease with 5k miles per year. Personal lease rentals and other items are estimated averages from third party sources and will vary by driver and location. Insurance is usually the biggest variable. Pricing correct as of 09/03/2026.

Super simple. First we get your company signed up. Then our brilliant team will guide you every step of the way. Want to see if your company's ready to jump on board? Take this quick employee survey and find out.  

How do I implement a salary sacrifice scheme?

What are the salary sacrifice costs to the employer?

Drumroll… zero. Zip. Nada. Setting up our scheme costs employers nothing. They get to look like heroes with a boosted benefits package, and you get to save up to 40% on your new EV. Everyone wins.

How do you make it easy to manage the scheme?

We keep it slick and stress-free. Our digital HR dashboard puts everything at the employers’ fingertips. Approve orders, handle tax and carbon reporting, with a dedicated account manager by your side every step of the way.

Where did you get your average costings from for the personal leasing example?

Personal contract hire lease numbers from leasing.com, insurance and average car running costs in the UK from Nimble Fins. AA breakdown recovery costs, Checkatrade tyres on the assumption that one set of tyres has been changed in the last 20k miles.

Common questions

To join our electric vehicle salary sacrifice scheme, we first need to sign up your company and you'll then be contacted by our awesome team to help you join. If you need more information on all the in and outs of a salary sacrifice scheme the details from HMRC are found here.

How do I implement a salary sacrifice scheme?

What are the salary sacrifice costs to the employer?

We love answering this. It costs you nothing. Our salary sacrifice scheme is totally free for employers to set up. It’s a win-win. You get to supercharge your employee benefits package and your team can save up to 40% when they switch to an electric vehicle.

How do you make it easy to manage the scheme?

We make it hassle-free for employers to manage the scheme, with our digital-first approach. Through our dedicated HR dashboard, employers can get all the information about the scheme. This makes it simple to launch, approve orders, complete tax and carbon reporting and so much more.

Where did you get your average costings from for the personal leasing example?

Personal contract hire lease numbers from leasing.com, insurance and average car running costs in the UK from Nimble Fins. AA breakdown recovery costs, Checkatrade tyres on the assumption that one set of tyres has been changed in the last 20k miles.