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Salary Sacrifice Approved Used - £150 credit offer Terms and Conditions

TERMS AND CONDITIONS - Approved Used £150 credit offer (March 2026)

Published 25/02/25 

 

The promoter of this offer is Octopus Electric Vehicles Limited, company number 10754317 registered address UK House, 5th Floor, 164-182 Oxford St, London W1D 1NN. Octopus Electric Vehicles Limited is authorised and regulated by the Financial Conduct Authority, firm reference number 809736.

These Terms and Conditions apply to the £150 promotional credit available to employees entering a salary sacrifice agreement for an Approved Used vehicle. This promotion is hosted by Octopus Electric Vehicles, running from the 26th February 2026 to 31st March 2026. By accepting this offer you agree to be bound by these Terms and Conditions.

Definitions:

“You” - The employee entering into a salary sacrifice agreement for an Approved Used vehicle

“Your Employer” - The employer providing the salary sacrifice agreement to its employees

“We” - Octopus Electric Vehicles

Subject to the eligibility criteria and terms below, you will be eligible for this offer if you:

  1. Order an approved used salary sacrifice vehicle with Octopus Electric Vehicles, that is signed by you between 26th February 2026 and 31st March 2026. 

The following terms and eligibility criteria apply:
  1. You must be 18 (eighteen) years of age or older and a resident of the United Kingdom.
  2. You must meet any eligibility requirements for the salary sacrifice scheme, including those set by Octopus Electric Vehicles, the insurance eligibility (if your salary sacrifice scheme includes insurance) and any additional criteria put in place by your employer.
    1. To identify any additional eligibility requirements your employer may have, please speak to your scheme lead or check your Driver Handbook. 
  3. The salary sacrifice agreement for an Approved Used vehicle must be signed by you between 26th February 2026 and 31st March 2026, and approved by your employer (by countersigning the applicable salary sacrifice agreement). 

The £150 bonus home energy or Electroverse credit for Approved Used Salary Sacrifice vehicle orders
  1. When you’ve ordered your approved used EV you’ll choose between a home charger (“at home” offer) or Electroverse credit for public charging (“on the road” offer) as standard. Whichever you choose, we’ll credit your Octopus Energy account, or your Electroverse account, with £150 extra charging credit.
  2. The £150 bonus credit is limited to one credit per vehicle. 
  3. The £150 bonus credit will be issued within 14 days, after taking delivery of your Approved Used salary sacrifice EV.
  4. The credit code will be sent to you via email, using the email address we have on record associated with your salary sacrifice agreement.

General Terms
  1. If you cancel your approved used vehicle order before the delivery, you will forfeit any credit balance related to this promotion. 
  2. The credit is non-transferable and cannot be exchanged or redeemed for cash, or any alternative credit format. 
  3. Octopus Electric Vehicles accepts no responsibility for any third-party delays or failures in the fulfilment of this offer.
  4. The provision of home energy is provided by Octopus Energy Limited, who are a separate company from Octopus Electric Vehicles Limited. Octopus Energy is a company registered in England and Wales (company number 09263424), with its registered office at United Kingdom House, 164-182 Oxford St, London W1D 1NN (“Octopus Energy”). All queries and support relating to home energy and your energy provider switching process (if applicable) will be handled by Octopus Energy Limited. Octopus Energy's Terms and Conditions will apply as part of the provision of home energy and related services.
  5. Access to associated public charging points and their respective providers is provided by Octopus Electroverse, who are a separate company from Octopus Electric Vehicles Limited. Octopus Electroverse Ltd is a company registered in England and Wales. Company number: 15274675. Registered office: 5th Floor, UK House, 164-182 Oxford Street, London, W1D 1NN. All queries and support relating to the Octopus Electroverse service will be handled by Octopus Electroverse. Octopus Electroverse’s Terms and Conditions will apply. 
  6. Octopus Electric Vehicles reserves the right to amend or withdraw this offer in order to comply with legal or regulatory obligations or in response to unexpected circumstances.
  7. These Terms are governed by the laws of England and Wales.

3. Data Protection and Publicity

  1. Any personal data collected will be handled in accordance with UK data protection law and Octopus Electric Vehicle’s privacy policy: https://octopusev.com/privacy-policy