Electric cars
For Companies
How it Works

The UK’s most popular employee benefit.

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Search all EV makes & models available.

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Contains everything you need to know.

Zero Risk Guarantee

Day 1 reassurance for companies.

Choosing the Right Scheme

Ensures companies are never out of pocket.

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Speak to an expert.

Day 1 Protection, Guaranteed.

Your covered if an employee needs to end their lease early.

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For Employees
How it Works

Learn how to save 30-60% on an electric car.

Search EVs

Search all EV makes & models available.

Calculator

Estimate your monthly savings with salary sacrifice.

Refer your company

Get your company on board.

Used EVs

The most affordable electric car options.

Optional Deposits

Pay nothing upfront or maximise your discount.

EV Charging Hub

Affordable charging solutions for home and at work

Download explainer

Everything you need to know about salary sacrifice.

Access Now: Onboard Company

Want 60% off an electric car? Convince your company to sign-up.

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About
Our Story

A leading EV salary sacrifice provider.

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Insights and advice from industry experts.

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The latest loveelectric stories.

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Refer your clients to us and earn a commission.

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Grow at a company that makes a difference.

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B Corp Certified

People and planet are at the forefront of loveelectric’s mission.

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Love electric vs The Electric Car Scheme

BEST ELECTRIC CAR SCHEME ALTERNATIVE

Compare loveelectric to The Electric Car Scheme. See why employers opt for our built-in protection, cheaper charging and the widest range of EVs.

Book a demo

Trusted by 1.5K+ Companies

Electric car parked and charging outside a house with white garage doors and solar panels on the roof.

Why do teams choose loveelectric over the Electric Car Scheme

Peace of mind from day one

loveelectric’s Zero Risk Guarantee
protects employers from Day 1 -
regardless of the reason an
employee leaves. No qualifying
periods. No unexpected costs.

Smartphone screen showing a green Loveelectric Charge Visa card with 'Hold Near Reader' prompt below.

Digital charge card: save anywhere

Salary sacrifice your charging with
loveelectric’s virtual Visa Charge Card. It works with any public charger or at home, integrating with your virtual wallet - unlike ECS’ physical RFID card.

Electric car parked and charging outside a house with white garage doors and solar panels on the roof.

Evs your team can actually afford

loveelectric’s Reloved® marketplace
offers quality-assured used EVs with
the same great package as new vehicles - for even less. Giving more employees access to electric vehicles.

Side-by-side

A clear rundown of how loveelectric compares: employer protection, savings, charging, vehicle range and service, so you can choose the right scheme for you.

Salary Sacrifice
Market-leading
loveelectric
Electric Car Scheme
Employer risk
Our Zero Risk Guarantee protects you from day one.
Protection available, subject to qualifying periods and conditions
Employer protection
Resignation, redundancy and dismissal covered from day one with the Zero Risk Guarantee (ZRG)
Varies by scenario and timing
Employee savings
30-60%
20-50%
Cost to the business
Cost neutral, scheme fee covered by employer National Insurance savings
Costs and liabilities vary by protection level
New EVs available
Yes
Yes
Used EV salary sacrifice
Yes, thoroughly inspected and refurbished EVs
Limited availability
Insurance, maintenance, tyres and breakdown
Included in one fixed monthly cost with no hidden extras
Included
Trustpilot rating
4.8 out of 5 on Trustpilot
4.8 out of 5 on Trustpilot
B Corp certified
Yes
Yes
100% electric
Yes
No
Charge Card
Market-leading
loveelectric
Electric Car Scheme
Charging savings
30-60%
20-50%
Charge Card type
Virtual Visa charge card
Physical RFID charge card
Apple Pay and Google Pay
Available instantly
limited to supported networks
Charging network coverage
100%
Cell
Get started with Loveelectric today
Book a demo

Here’s what our clients have to say

I had always wanted to own a Tesla as my first electric vehicle, but the price to buy outright was really high and normal leasing involves putting down a large deposit.
Man wearing a light pink collared shirt smiling in front of a brick wall.
Farooq
Tesla Model Y
I would totally recommend the scheme to anyone interested in driving electric, and I always mention it when I am out visiting clients. Thank you, loveelectric!
White Ford Mustang Mach-E electric SUV parked outside a building with droplets on its hood.
Ricci Gretton
Ford Mustang Mach-e
"An EV salary sacrifice scheme enables our employees to enjoy a benefit while making tax and National Insurance savings."
Headshot of Adam Dicker, Employee benefits Manager, Flight Centre
Adam Dicker
Employee Benefits Manager, Flight Centre
case study
"I have already told fellow employees how good and easy to do it is and how loveelectric does all the hard work! All I had to do was choose the car. It was so easy and fuss free, and my car was available so quickly, too."
Man wearing a black shirt standing outdoors in front of a brick wall and a sign.
Allan Laud
Hyundai IONIQ 5

Frequently asked questions

What's the maximum amount of deposit I can put down?

There's no set figure, as it depends on a multitude of factors such as your salary and lease cost. We offer 5 levels of deposit; 1 being no deposit and 5 being the maximum deposit available. If a higher level of deposit would bring your salary below the minimum wage, then it'll be restricted from view at the point of ordering.

Do I have to put down a deposit when ordering a car?

Nope. Dynamic Deposits are completely optional. If you want to pay a flat fee throughout your lease term from the beginning, then simply select Level 1 at point of ordering.

Can I spread the deposit across more than 3 months?

Currently, you're only able to spread the deposit amount across the first 3 months of your lease.

How much of a discount will I receive by placing a deposit?

The benefits of increasing your payments in the first 3 months are two-fold. Firstly, your monthly payments from Month 4 to the end of your lease term, will be lower. Secondly, we offer an additional discount on top of the salary sacrifice savings. The higher the level of deposit, the more discount you'll receive.

Love Electric Financial Services Limited is a credit broker and not a lender.
For Companies
How it worksExplainerSearch carsView brochureDay one protectionChoosing the right schemeBook a demoCheck eligibilityCharge cardProcurement guide
For Employees
How it worksExplainerZero Risk GuaranteeCalculatorGet a quoteDynamic depositsUsed EVsEV ChargingCharging at homeCharging at workGet Started
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loveelectric is a trading name of Love Electric Financial Services Limited, a company registered in Scotland, Company Number SC374952. VAT registration number 386404284. Love Electric Financial Services Limited is authorised and regulated by the Financial Conduct Authority, firm reference number 743264, and is a credit broker and not a lender or insurance provider. The salary sacrifice scheme offered by Love Electric Financial Services Limited is a business to business contract hire agreement, however we may make recommendations for consumer credit products offered by our partners. British Vehicle Rental & Leasing Association (BVRLA) member number: 10549. Registered office and trading address: 5 South Charlotte Street, Edinburgh, EH2 4AN. ICO reference number: ZB075747. Any prices quoted are subject to changes in law, regulation, tax or duty beyond our reasonable control.

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