Electric car subscription or salary sacrifice: which is best for you?

As demonstrated, the biggest difference between salary sacrifice and short-term car subscriptions is the price.

A 2 month contract for the Tesla Model Y with elmoFlex is nearly £3,000 in total.

With loveelectric, that would get you the car for 6 months. Plus, we don’t require a deposit.

Simply put: salary sacrifice is the most affordable, efficient and financially accessible way of getting behind the wheel of an electric car.

If you’d like to learn more about how salary sacrifice works, click here.

At loveelectric, we offer the flexibility of both new and used cars.
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New
If you prefer a brand new car, salary sacrifice lets you save between 30-60% on the normal monthly lease cost. It’s an all-in-one package, too. No need to search for insurance or deal with service intervals.

Used
However, the real savings are through the UK’s first dedicated marketplace for leasing a used electric car: reloved®

Our used - or reloved® - vehicles, make driving a premium electric car an affordable reality. Available on a range of contract lengths - starting from as little as 12 months - these cars are significantly cheaper.

They undergo a rigorous inspection and only cars in the best condition are offered to our drivers.

View reloved deals, here.

Of course, the biggest draw for motorists opting for a subscription, is the incredibly short lease commitment.

60 days
The elmoFlex option means you’ll only have the car for 60 days, allowing you to ‘try before you buy’, or commit to a longer contract length.

However, this flexibility comes at a significant cost - almost three times the monthly cost of a loveelectric lease.

12 months
All of our reloved vehicles are available on a 12 month contract. Although not quite as short as 60 days, it’s much better value for money.

We work with the UK’s best and brightest companies. Their employees enjoy significant savings on an electric car, whilst their business benefits too.