What is business contract hire?
Business contract hire (BCH) is a business car leasing agreement for sole traders, limited companies and partnerships who want to lease a vehicle rather than own it. VAT registered companies can claim back 50% of the VAT on vehicle payments and 100% VAT for maintenance costs.
A complete fleet solution
If you've got a fleet of 20 or more vehicles you can take advantage of tax incentives when you switch to electric with our flexible fleet agreements.
With competitive pricing, flexible terms, workplace charger installation, at home charging, and the ability to track all your company charging in one dashboard. You can get the complete fleet solution from Octopus.
Why choose business contract hire for electric vehicles?
Get the whole EV package
Car, 4,000 miles of free charge, EV tariff, servicing, maintenance, breakdown and tyres.
Electric vehicles can help your company save on tax
Benefit in Kinds is lower for EVs than petrol or deisel cars.
Claim back VAT with BCH
If you’re VAT registered, claim back 50% VAT on your lease & 100% VAT on maintenance.
4.8 star customer service to help you choose the right EV
Our EV Specialist help you choose the right EV for you. Impartial advice. Every time.
First 4,000 miles of driving is free
Get 4,000 free miles of home charging if you switch to Intelligent Octopus Go.
Zero hassle at the end of your electric car lease
Once your lease is up just return the car. No hassle, no residual value risk.
How does business contract hire with Octopus Electric Vehicles work?
Pick your EV
Choose from the top EVs on the market, with advice from our impartial EV Specialists
Choose your mileage and length of agreement
Decide how many miles you plan to drive, and how long you want the agreement for
Choose your initial payment
Either 3, 6, 9 or 12 months’ worth - no hidden setup fees
We take care of the paperwork
After a couple of quick checks on our side, all you need to do is sign
Hit the road!
Need a hand? Our amazing operations team are here to help you get going.
Is business contract hire right for your company?
Do you pay yourself through dividends or want to upgrade a company car fleet to electric? Business contract hire is the quickest and easiest way for companies to switch to electric vehicles.