Breaking new ground in the EV market, Octopus Electric Vehicles has unveiled its latest innovation – DriveFree, a unique used EV leasing program accompanied by an attractive offer of unlimited free home charging. A subsidiary of the renowned Octopus Energy Group from the UK, this initiative falls under the umbrella of their comprehensive energy solutions.
Expanding Horizons in the US
Following their successful establishment of Octopus Energy US on Texan soil in 2020, Octopus has been extending their reach through strategic acquisitions such as Evolve Energy. With a firm grip on technological advancements in the energy sector, they aspire to transform daily commutes for Houston residents into cost-saving journeys.
DriveFree’s Exclusive Leasing Benefits
Available exclusively to inhabitants of Houston with Octopus Energy as their residential power supplier, DriveFree’s program is poised to change the way people perceive EV leasing. A credit towards your home energy bill effectively covers the costs of charging your vehicle, significantly reducing overall expenses. Additionally, as a DriveFree customer, you’re privy to slashed rates on your entire home’s energy consumption.
Chris George, the co-leader of Octopus EV US, highlights the potential financial benefits, especially for those with a considerable commute, “For the millions of Houstonians commuting to work, driving electric can be a money saver today. For the first time, the more miles you drive, the more your savings will be.”
Seamless Service and Maintenance Package
With leasing options ranging from one to four years and mileage allowances topping out at 25,000 miles annually, DriveFree doesn’t only offer savings but convenience as well. They cover the gamut of vehicle maintenance and offer additional services such as on-site mechanic visits. They even facilitate trade-ins and handle all the bureaucracy, from the title to registration, delivering the car straight to your doorstep.
While a complimentary home EV charger isn’t part of the package, DriveFree connects you with their partner, Treehouse, to easily purchase and install one. This synergy ensures customers have a hassle-free transition to electric driving.
A Diverse Fleet at Your Fingertips
An array of desirable electric vehicles such as the Chevy Bolt, Hyundai Kona, and the Tesla Model 3 RWD graces the company’s portfolio. Customers can comfortably secure their leases through a user-friendly online process, with delivery times as swift as two to three weeks.
Cost-Effective Electric Mobility
To put the cost benefits into perspective, let’s consider leasing a Tesla Model 3 RWD via DriveFree. Your investment would involve a monthly payment of $579 and a one-time upfront payment of $2,579 for a 36-month lease complemented with 15,000 miles per year. Factoring in an estimated $4,500 savings on gas over three years, the effective monthly cost plummets even before you account for the boon of free home charging. The numbers don’t lie: DriveFree offers an economically savvy alternative to traditional vehicle ownership.
In conclusion, Octopus Electric Vehicles’ DriveFree program sets out to redefine the electric vehicle ownership experience with its all-encompassing, affordable leasing plans that promise not just a car, but a plethora of benefits and savings to go with it.
