Octopus 'Electric Dreams' salary sacrifice scheme

[CLH]

I've got ages left on my Tusker lease but I thought I'd check out current prices yesterday.

Most cars have gone up by a few quid to a £50 more or so.

But my 2008 has gone from £273 to £473 pcm. Not sure if a blip but no one will be buying them at that price.

Interesting to see what the market is like in 3 years time, particularly given how the chinese stuff is getting better and better, MG garage down from me doing amazing deals

 

[mikeburns]

Did you order anything on the Octopus scheme?

I've just ordered a Polestar 2 Long Range Dual with the Plus Pack, 20K miles per year, zero deposit for £441 per month, which was a good price compared to anything else I could find.

 

[CLH]

Net? That is very very good.

 

[mikeburns]

 

[CLH]

That's really good.

 

[msim]

Did you order anything on the Octopus scheme?

I've just ordered a Polestar 2 Long Range Dual with the Plus Pack, 20K miles per year, zero deposit for £441 per month, which was a good price compared to anything else I could find.

I didn't because in the end I didn't want to be tied to my employer for years in a changing career market and I couldn't justify the salary sacrifice required when I already have an almost brand new car that I own.

Just so people reading this have some context, for me to generate an Octopus quote similar to yours (of £442 net a month for 4 years) on the spec of Polestar 2 you've outlined below I had to input an annual taxable salary in excess of £100,000.

 

[CLH]

Ran a quote through Tusker and get a pretty similar to the above. Which is great, one to consider in 3 years time when mine runs out.

Way less than £100k salary

 

[The Dreamer]

That is a cracking deal for the Polestar. Our Tusker scheme, the same car, and with only 10,000 miles per year would cost me £481 - and I am in the higher salary range.

Part, but not all, of the issue is that our company doesn’t share the NI savings - it is accepted practice for companies to share any savings with the employee - but not our caring, not sharing, company! Just another of the many reasons it’s often used as an example of how not to manage people, in business school studies!

 

[jonnystuartUK]

Glad I found this thread, my employer has just signed up to Octopus.

As someone has leased for the last 8/9 years i'm use to having a monthly outgoing for a car and having a SS scheme will certainly reduce payments for me.

However.... the car i'm looking at has a 12 month lead time...

 

[The Dreamer]

A colleague of my wife is ordering a Tesla Model Y. 3 Years, 36000 miles, 4 drivers, and winter tyres included - £413 net - the same car via Tusker for me would be £643 net! (And our deal only includes 2 drivers and no winter tyres)!

So we'll get towards the end of this current lease and then use the NHS scheme available to my wife.