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How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. There are two main forms of leasing: Contract Hire and Contract Purchase. Contract Hire. Contract Purchase.

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Octopus launches ‘Electric Dreams’ – An EV leasing company unlocking salary sacrifice for businesses

Drive EV

Octopus, who already offer business and personal leasing through its Octopus Electric Vehicles brand, has designed their scheme to be low effort and zero cost for a business to set up. Additional government and council incentives including grants and waived congestion fees. Access to EV Specialists to help them through their journey.