LOW COST OF OWNERSHIP
Plug into day-to-day savings.
Driving towards a cleaner, sustainable future not only helps to protect our planet, it can be kinder on your pockets too. Explore the financial factors that make the move to electric even more worth your while.
ELECTRICITY IS CHEAPER PER MILE
The cost of electricity is lower per mile than petrol or diesel, making all-electric cars much cheaper to run on a daily basis. In fact, on average you could save £3600 over 3 years compared to a petrol or diesel car driving over 30,000 miles*.
ZERO TAILPIPE EMISSIONS MEANS ZERO TAX
Across the UK, all-electric cars are exempt from the regular road tax and any emissions-based charges, including the London Congestion Charge.
FROM 2% BENEFIT IN KIND (BIK) TAX FOR COMPANY CARS1
Under the government’s emissions-based company car mandate, all-electric car owners won’t pay any monthly BIK tax charges for the financial year 2022/23.
LOWER SERVICING COSTS
As all-electric powertrains have fewer moving parts than a petrol or diesel engine, and regenerative braking capabilities are relatively gentler on brakes and tyres, servicing costs are lower.
ELECTRICITY IS CHEAPER PER MILE
The cost of electricity is lower per mile than petrol or diesel, making Plug-in Hybrid cars much cheaper to run on a daily basis. In fact, on average you could save £1230 over 3 years compared to a petrol or diesel car driving over 30,000 miles**.
12% BENEFIT IN KIND (BIK) TAX3
Under the government’s emissions-based company car mandate, electric hybrid owners will only pay 12% in monthly BIK tax charges for the financial year 2022/23.
OUR RECOMMENDED OFF-PEAK ELECTRICITY TARIFF
Switching your energy tariff may save you up to two thirds off your electricity bills. We recommend multiple award-winning4 Octopus Energy, meaning you may be able to charge your electric or electric hybrid vehicle for less using their renewable electricity tariff.5
Switch today and you may be eligible for an additional £50 credit towards your account.6 Terms and conditions and eligibility requirements apply.
OUR RECOMMENDED OFF-PEAK ELECTRICITY TARIFF
Switching your energy tariff may save you up to two thirds off your electricity bills. We recommend multiple award-winning4 Octopus Energy, meaning you may be able to charge your electric or electric hybrid vehicle for less using their renewable electricity tariff.5
Switch today and you may be eligible for an additional £50 credit towards your account.6 Terms and conditions and eligibility requirements apply.
SAVE UP TO £350 ON HOME CHARGERS FOR FLATS
AND RENTAL PROPERTIES
All Jaguar all-electric and plug-in hybrid cars qualify for the government’s EV chargepoint grant. This provides up to £350.4
towards the installation of a wall box by an approved installer.
JAGUAR ALL-ELECTRIC AND ELECTRIC HYBRID CARS
Experience Jaguar's world of electrifying performance with our range of all-electric and electric hybrid cars.
Jaguar Land Rover Limited is constantly seeking ways to improve the specification, design and production of its vehicles, parts and accessories and alterations take place continually, and we reserve the right to change without notice.
*Based on driving Jaguar I-PACE 10,000 miles per annum. Savings are for illustration purposes only and are based on average UK fuel price and average UK electricity price. Savings correct at time of publication. Actual savings achieved depend on a variety of factors including driving style, environmental conditions, load, wheel fitment and accessories.
**Based on driving Jaguar E-PACE electric hybrid 10,000 miles per annum, driving 50% in full Electric Vehicle (EV) mode. Savings are for illustration purposes only and are based on average UK fuel price and average UK electricity price. Savings correct at time of publication. Actual savings achieved depend on a variety of factors including driving style, environmental conditions, load, wheel fitment and accessories
1BIK tax reduction mandate from 2% correct at 07/09/22. Subject to government qualifications and revisions.
2To qualify for exemption, a plug-in hybrid has to have CO2 emissions of no more than 75 g/km and an electric-only range of at least 20 miles.
3BIK tax reduction mandate of 12% correct at 07/09/22. Subject to government qualifications and revisions.
4Octopus Energy have been awarded Which? Recommended Provider for six years in a row (as of 2023) and are rated 5 stars for customer service from 150,000+ Trustpilot reviews.
5Schedule EV charging to off-peak period 00:30-04:30 to benefit from low price. Terms and Conditions and eligibility requirements apply. Subject to availability.
6New customers to Octopus Energy who: (1) are UK residents; (2) purchase a compatible new or used Jaguar electric or plug-in hybrid vehicle; (3) set up an Octopus Energy account for gas and/or electricity as the energy account holder; (4) sign up to Octopus Energy via a referral link provided by Jaguar; and (5) have a compatible smart meter or have one installed by Octopus Energy (subject to survey and assessment of suitability) will be eligible for a £50 credit on their Octopus Energy account. To receive the £50 credit, customers must switch their gas and/ or electricity to Octopus Energy. If a customer only switches one (i.e. gas or electricity, but not both), then the customer will still receive the £50 credit. The credit shall be applied once the account has been activated and the first direct debit payment has been taken. If the customer qualifies for more than one discount, Octopus Energy reserves the right to apply only one. Existing Octopus Energy customers are eligible for this credit offer. The suitability of a smart meter depends on various factors including strength of signal, access to meter and complexity of meter set up. If a customer's house is not suitable for a smart meter, then the customer will still be eligible for the £50 credit if they join a different Octopus tariff to Octopus Go. For further information and T&Cs, please visit https://jaguar.octopus.energy. This offer is subject to change and may be withdrawn without notice.