Electric car salary sacrifice.
Made for modern companies.

Easy to use
No hidden fees
Happier staff
Loveelectric portal on the iPad screen
Loveelectric portal on the iPad screen
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Benefits

The ultimate package

Maximum protection

Total peace-of-mind with our flexible return options, protecting your business from unwanted surprises.

Most inclusive

Thanks to our Used EV options, employees can get behind the wheel of an electric car even with a modest salary.

New and Used EVs

We have cars to suit every taste, budget and need - from brand new to handpicked 'reloved' used stock.
Learn more about reloved here.

Total transparency

Unlike other providers, we have one simple pricing model: everything included for a single monthly figure.

Simple to run

Our tailored Company Portal does all the hard work for you, automating the admin so you don't have to.

Speak to an expert

Electric car charger
How it works

How the loveelectric electric car scheme works

01

Join

Fill out this short enquiry form and we’ll get in touch.
02

Launch

We'll organise employee webinars, bespoke promotions and ongoing support to make sure your business gets the best from the scheme.
03

Drive

Employees order a car in the loveelectric app, we handle the paperwork and deliver it to their door.

Everything managed in one place

Our dedicated Employer Portal collates all of the key information into one, easy-to-digest, dashboard.

Loveelectric portal screen on iPad

Access all template documents

Track the order status of any cars

Receive payroll reports

Electric cars

The best cars, for the lowest prices

All-in-one package, includes: early termination protection, fully comprehensive insurance, servicing, breakdown cover & tyre replacement.
Save £
43
 |
% Off
283
miles

Tesla Model Y Hatchback

RWD 5dr Auto
£
/month
£
339
/mo
£0 deposit, 24 month contract, 8,000 miles/annum. Servicing, maintenance and breakdown cover included. Insurance not included. Only currently available to limited companies.
Save £
44
 |
% Off
323
miles

Mg Motor Uk Mg4 Hatchback

180kW Trophy EV Extended Range 77kWh 5dr Auto
£
/month
£
288
/mo
£0 deposit, 24 month contract, 8,000 miles/annum. Servicing, maintenance and breakdown cover included. Insurance not included. Only currently available to limited companies.
Save £
44
 |
% Off
306
miles

Bmw I4 Gran Coupe

210kW eDrive35 Sport 70kWh 5dr Auto
£
/month
£
421
/mo
£0 deposit, 24 month contract, 8,000 miles/annum. Servicing, maintenance and breakdown cover included. Insurance not included. Only currently available to limited companies.
Join our newsletter and learn how EV salary sacrifice can enhance your team’s happiness and reduce Scope 3 emissions.
Reviews

What businesses say about loveelectric

Testimonial avatar
“Was a total no-brainer”
Geoff Bryan, Tesla Model Y
Director of IT, The Park Academies Trust
Check out our 317 reviews
Trustpilot logo
Partnering with loveelectric has been a game-changer.
From day one, their team has been consistently reliable, responsive and eager to help - a unique experience in the employee benefits space. This support, alongside their dedication to minimising the risk to our business, is why we're looking forward to expanding our relationship with them.
Angela Larkin,
Head of HR, Evolution Funding
Choosing loveelectric was a unanimous decision for us.
Their values align perfectly with ours, their responsive team made the process effortless, and, in the current cost of living crisis, offering a cost-effective car option for our employees - without burdening the organisation - was just a no-brainer.
Geoff Bryan
The Park Academies Trust
The best element [has been] the friendliness and help of the staff involved.
Mani Dhesi
Transformation Director,
South Doc Services
I would absolutely recommend loveelectric’s salary sacrifice scheme - it’s amazing.
Flavian Alexandru
CEO, Hypervolt
FAQs

Answers to the most popular questions

Mother helps her son to charge the electric car
Will my company be eligible?
We want to support all businesses, big and small, in empowering their staff to make the switch to electric. However, the scheme won’t be right for every company. A good rule of thumb is that businesses in our scheme should have been trading for at least 2 years and be profitable.
How does the scheme work for an employer?
Once you’ve read the documentation and you’re happy to join, we’ll send you a simple contract to sign up to our free service. We’ll give you the marketing materials, plus a unique link to our live quotation site, from which new electric vehicles can be ordered. On top of that, loveelectric will give you ongoing support with payroll and tax arrangements. What’s not to love?
What happens if my employee leaves?
We provide early termination protection as standard. This means that if your employee needs to terminate the lease early, several options are available to you. The first option would be to transfer the contract to another employee. The second option would be for us to transfer the lease to the new employer (if applicable). If neither of these options are feasible, don’t worry, we will protect the employer against any early termination charges levied by the leasing company. All your employee will need to pay is an administration charge of one month’s rental. Ts and Cs apply.
How much admin is involved?
We have built an end-to-end solution that makes joining, launching and managing the scheme very easy. The first step is talking to our dedicated support team to ensure the scheme is right for you (this may involve a credit check before signing a master hire agreement).  When you launch, loveelectric will support you with marketing materials to get staff buy in. We then give your employees access to a dedicated portal where they can get personalised EV quotes (where all the salary sacrifice calculations are done for them). We manage the end-to-end order process (all paperwork is done digitally) and also provide you with support to amend employee contracts and payroll.
As a Director, should I get an EV using business contract hire or salary sacrifice?
If you are primarily remunerated via salary, then salary sacrifice is usually the better option for tax purposes. Salary sacrifice should be viewed as an employee benefit, and it is ideally suited to organisations who want to retain talent. Company owners or directors who are not primarily remunerated via a salary, may prefer a ‘business contract hire’ option. Owners can deduct the full cost of EV rental from profits, and can recover 50% of VAT on the rental when it’s for private use, or 100% when it’s for business use only.
How do loveelectric's lease prices compare to others?
As an independent broker, we search for the best prices deals from a range of leading leasing companies. We believe wholeheartedly in price transparency and publish our fee structure. The prices you see on our site are the price you’ll get - inclusive of servicing, maintenance, early termination protection service and the loveelectric fee - keeping it clean and simple.
How do I sign up?
It’s simple. Click here for our information pack then we’ll follow up to get you up and running.
Electric car charger
Join Loveelectric

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