Leasing: the best way to get an EV

Looking for the easiest way to get an EV? You’re in the right place.

Here’s why leasing with Intelligent EV from Octopus EV makes everything so simple – and why you might just prefer it over buying an EV outright.

It’s as easy as one, two, three:

1. Choose your EV from a selection of the newest, smartest, most stylish models on the market – or opt for a Nearly New car for some bonus savings.
2. Choose how long you’d like to keep the car for (usually between one to four years), and how many miles per year you’d like the lease to cover.
3. Complete our checks, get your car delivered, and get on the road. And, after your lease ends, simply hand the car back or switch it up for a new one.

When you choose Intelligent EV, you get more than just an electric car. Here’s what’s covered in your all-in-one package:

• Servicing and maintenance: From regular check-ups to wear and tear, we’ve got you covered.
• Road tax: No need to worry about that annual cost - it’s included.
• Intelligent Octopus Go - EV Saver tariff: Charge your EV at the cheapest, greenest times.
• 10% off public charging: Save every time you plug in through the Electroverse app.
• Range of discounts on green energy tech: Explore savings on solar panels, heat pumps, and more.

While we cover almost everything, a few things aren’t part of the package:

• Motor insurance: You’ll need to arrange your own cover.
• Tyre replacement: While regular servicing is covered, tyres are your responsibility.
• Mileage over the agreed yearly limit: If you drive more than your chosen limit, additional charges may apply.

A word to the wise: we often run Intelligent EV deals which include a free charger and installation – keep your eyes peeled!

If you don’t want to drain your savings account, monthly leasing payments offer a more accessible and affordable way to drive an EV.

Leasing your car and handing it back at the end of your term can also offer cheaper payments month to month. This means you can get a car that suits your needs and lifestyle without a huge upfront financial hit.

EV tech is moving at lightning speed. Let’s say a new battery is released two years after you purchase your car. Despite being in top shape, your car reduces in value because the tech has moved on – this could affect your ability to sell your car at a good price when the time comes.

When you lease, you’re protected from your car depreciating in value – you simply hand your car back at the end of your term with no need to worry about any loss in value.

When it comes to EVs, it’s not just about the car – it’s about the whole bundle. With Intelligent EV, you get:

• Expert advice throughout the entire leasing process
• A stellar customer support team (take a look at our TrustPilot reviews!)
• Exclusive EV tariffs and discounted public charging
• Servicing and maintenance included – never worry about an unexpected garage bill

In other words, get all the benefits of driving an EV with none of the hassle. What’s not to love?

What we need in a car changes over time. New job, longer commute? New kids, more space? Leasing gives you the flexibility to change your car to keep up with your needs as they change.

Plus, car manufacturers are piling investment into EVs, so it’s an incredibly exciting time to drive an EV – the latest models are a blast to drive, and the tech is getting smarter by the minute.

So, why not join in the fun by changing your EV every few years? When you lease, you can switch your car and enjoy the next generation of EV tech as soon as your contract is up.

With Intelligent EV you’ll give the car back at the end of the lease.

If you go over your mileage limit, there will be a fee applicable when you hand the car back.

You choose how long you’d like to lease your car for and your annual mileage upfront. You cannot change this once the lease has started.

Our lease covers maintenance and servicing to keep your car in top shape, and repairs for reasonable wear and tear at the end of your lease. Significant damage to the car, like large dents or damage resulting from a crash, would need to be paid for by your own insurance.