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EV Salary sacrifice, explained.
Here's how much you could save
View a typical example of how much an EV costs with salary sacrifice:
Tesla Model Y Hatchback
RWD 5dr Auto
Standard lease
0.00
/month
loveelectric
0.00
/month
Save
39%
Contract details
Annual mileage:
5,000
miles
Contract term
48
months
Battery range
000 miles
Acceleration
6.9 sec
Service
Included
Maintenance
Included
Tyre replacement
Included
How we help businesses
Our EV salary sacrifice directly addresses key company challenges
Attract & retain talent
Attract the best talent with a benefits package they can't say no to. Sign up for salary sacrifice and watch your retention rates soar.
Hit sustainability targets
Finding it difficult to balance growth ambitions with environmental commitments? Here's the solution to Scope 3.
Cost-neutral and risk free
The valuable employee benefit without high costs or extra administrative complexity.
Simple, easy, effective.
How we help employees
Dynamic Deposits offer drivers maximum payment flexibility, a reduction in their monthly lease cost and a discount on their total lease amount.
Avg. £280/month saving on new & used EVs
Our drivers save between 30-60% on the monthly lease cost of an electric car. The car is paid for from their pre-tax salary, maximising their take-home pay.
all-in-one package
No separate insurance policies or expensive add-ons. Our monthly prices include everything: fully comprehensive insurance, maintenance, servicing, breakdown cover and tyre replacement.
Optional deposit
The amount you select will then be added to the first 3 monthly rental amounts.
Frequently asked questions
How do I sign up?
It’s easy. Whether you’re an employer or employee, you can speak to our advisers here.
Am I eligible to join the EV salary sacrifice scheme?
If you’re an employer, the general rule of thumb is that your business will need to have been trading for at least 2 years and be profitable. There are some exceptions though, so you can use our eligibility checker to know for sure.
What’s included as part of the monthly cost?
Before you sign up for a lease with loveelectric’s salary sacrifice scheme, you’ll choose the length of lease and mileage, with a full breakdown of the monthly costs before you commit.
Here’s what’s included:
- A brand new or reloved electric car
- Maintenance and servicing
- MOT
- Optional home charger: We’ve partnered with industry leaders to bring you massive savings on a fully installed home charger. Browse the options here.
- Breakdown assistance and recovery
- Replacement tyres and glass
- Accident management
- Early Returns Service
- Fully comprehensive car insurance
- Customer support for any issues
- Brokerage fee
What’s not included as part of the deal?
As we’re transparent about all aspects of our offering, it’s only fair that we also outline what’s not included as part of the deal:
- A test drive of the car
- Our own charging network
How do loveelectric's lease prices compare to others?
As a broker, we work with the industry's largest leasing companies to give our customers access to the broadest deals and cheapest pricing. We're big on pricing transparency, which is why you can get an indicative quote for any of our cars on our website - no signup or filling in annoying forms required.