Business · 4 August 2026

Used electric car leasing up 170% as fuel costs soar

Leasing secondhand battery vehicles jumped sharply over the last year. Salary sacrifice schemes experienced a fivefold increase, according to the trade organisation that speaks for businesses purchasing fifty percent of all new UK automobiles. Octopus Electric Vehicles reported that secondhand leases save drivers up to £200 a month.

By BriefTea Editorial · 4 August 2026 at 9:17

Reported by The Guardian · How we write briefs

Get the app

Understand this story

Business fleets lead the way Cutting global transport emissions Save £200 a month Secondhand leasing surges 170%

More briefs

BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work BusinessHouseholds can fix energy bills now to save £173 BusinessEasyJet passengers stranded in Milan after flight cancellation More business stories → Browse all stories →