Introduction
Octopus Electric Vehicles has earned a reputation as a top choice in EV leasing. However, is it truly worth it? In this comprehensive review, we discuss its features, cost, customers’ experiences, advantages, and disadvantages to aid you in making a decision as to whether or not it suits your requirements.
Why Choose Octopus Electric Vehicles?
Octopus Electric Vehicles is trying to make it as easy as possible to switch to an EV. Here’s why so many motorists are opting for it:
Part of the strongest selling point is the all-inclusive package that includes:
1. Car lease (makes of cars such as Tesla, Hyundai, Nissan, BMW, etc.)
2. Insurance
3. Maintenance & servicing
4. Breakdown cover
5. Special EV charging tariffs
2. Free Home Charger and Smart Charging Tariffs
Most of the leases come with a free home charger and discounted EV tariffs from Octopus Energy, which makes charging at home more affordable than using public charging points.
3. Comprehensive Range of EV Models
From budget-friendly city cars to fast EVs, there are plenty of choices:
– Tesla Model 3 and Model Y
– Nissan Leaf
– Hyundai Ioniq 5
– BMW i4
– Kia EV6
4. Salary Sacrifice Scheme for Staff
Companies can provide employees with EV leases through salary sacrifice, which saves tax and National Insurance contributions.
5. Flexible Lease Options
Select short-term or long-term leases, depending on your needs and budget.
What Customers Are Saying
Easy & Convenient: They adore the problem-free leasing procedure.
Lower Charging Expenses: Lots of people take pleasure in the exclusive home charging rate reductions.
Exceptional Client Care: Friendly assistance and responsive services are repeatedly commended.
Eco-Friendly Benefits: Buyers enjoy cruising an EV that doesn’t negatively impact the planet.
Negative Reviews
Higher Lease Costs: Some find the monthly prices higher than other leasing options. Delivery Delays: Depending on the model, wait times can be long. Limited Public Charging Benefits: While home charging is cheap, there’s no major public charging partnership.
Here’s an estimated look at the monthly lease prices for popular EV models:
| EV Model | Monthly Lease (Approx.) | Key Benefits |
| Tesla Model 3 | £599 | Free Home Charger + Octopus Energy Tariff |
| Nissan Leaf | £399 | Budget-Friendly + Low Charging Costs |
| Hyundai Ioniq 5 | £479 | Spacious + Smart Charging |
| BMW i4 | £649 | Premium Feel + Insurance Included |
Tip: Choosing a longer lease term reduces monthly costs.
Top Benefits of Leasing with Octopus
1. Save Money on Fuel & Maintenance
EVs cost less to run than petrol or diesel vehicles and save you money.
2. No Depreciation Worries
Leasing does not involve buying a car, so no resale or depreciation worries.
3. Green Friendly Option
Using an EV cuts your carbon footprint significantly.
4. Flexible Leasing Options
You can choose a plan that fits your budget and lifestyle.
Typical Concerns Regarding Octopus EV Leasing
Although the monthly fees appear high, they include insurance, maintenance, and breakdown cover, making it a complete package.
2. Is charging easy?
Free home chargers and affordable home charging are available from Octopus, but public charging points are not significantly discounted.
3. What Happens at the End of the Lease?
You can:
1. Give back the car and lease a new one
2. Renew the lease
3. Buy the EV (if this is an option)
Final Verdict: Is Octopus Electric Vehicles Worth It?
For those looking for a hassle-free way to drive an EV, Octopus Electric Vehicles is a strong contender. With its comprehensive leasing package, discounted charging, and flexible options, it’s ideal for many drivers.
Who Should Consider Octopus EV?
Anyone seeking a straightforward, one-stop EV leasing deal
Businesses providing salary sacrifice EV schemes
Environmentally friendly drivers seeking reduced running costs
Individuals seeking an EV without the worry of depreciation
Final Thoughts: Should You Lease an EV from Octopus?
Straightforward, all-inclusive leasing
Free home charger + special charging rates
Access to best EV models
Excellent customer service
Higher monthly payments than some rivals
Possible wait times for delivery
No public charging partnerships
Conclusion
If you are looking for a hassle-free means of leasing an electric vehicle, Octopus Electric Vehicles is the way to go. Although the price is a bit more than conventional leases, the convenience, charging benefits, and environmental advantages make it well worth considering.
Considering making the switch to an EV? Visit Octopus Electric Vehicles today!
FAQs
1. Can I purchase an EV outright from Octopus?
No, Octopus is a leasing company, not an outright seller.
2. How does Octopus’ charging plan operate?
You receive discounted home charging rates with Octopus Energy.
3. What do I do when my lease expires?
You can return, upgrade, or extend your lease.
4. Does Octopus provide business leasing?
Yes, through their salary sacrifice scheme.
5. How long does delivery take?
It depends on the model, but some have quick delivery availability.
