Master Hire Agreement Overview
What is a Master Hire Agreement (MHA)?
The MHA is a contract between your business and us, Octopus EV. It’s the main terms and conditions for your business being enrolled on our salary sacrifice scheme. It’s also our service agreement with you and includes important information your business needs to be aware of.
Below is just a guide, so please read and understand your Master Hire Agreement fully.
Octopus EV delivers a highly inclusive additional service package:
Servicing, Breakdown, Maintenance and Repair
We’ll cover standard maintenance, MOTs and repairs due to fair wear and tear. As well as roadside recovery.
Early Termination Waiver
We understand things change, which is why our early termination protection is flexible for your employees. Check out the details and reasons for deferment for our early termination cover.
End of Contract Damage Waiver
The ‘End of Contract Damage Waiver’ (included within the monthly rental fee) covers repair costs that are under £500 (excluding VAT), so you don’t have to pay anything. If the costs exceed £500, you must pay the full amount.
Insurance Cover
If you choose to have insurance included in your package (most companies on our scheme do), we’ll facilitate fully comprehensive insurance for all drivers on the Octopus EV salary sacrifice scheme at your business. We’ll also add up to 2 additional drivers upon request.