Electric Car Salary Sacrifice for Employees

Switch to Salary Sacrifice

Top 5 reasons

Discover why transitioning from a Hire Purchase or a Personal Contract Purchase (PCP) to a salary sacrifice scheme for your new electric car is a smart financial and environmental decision. Here are the top five reasons to consider.

Cost efficiency
Pre-tax deductions
A salary sacrifice programme offers significantly lower monthly costs than Personal Contract Purchase (PCP) or other car purchase methods, as the VAT-efficient deductions are made from your gross (i.e. pre-tax) salary, before income tax and National Insurance charges, which essentially halves your motoring costs.
Corporate discounts
Unbeatable buying power
Your employer salary sacrifice programme is eligible for highly competitive discounts from car manufacturers given the collective buying power of the programme. This gives employees access to better deals and a wider range of vehicles than they might achieve on their own through a traditional PCP. or other purchase plan.
Equal instalments
No deposit required
Unlike traditional HP or PCP agreements, which often require a substantial initial deposit, our salary sacrifice programme has no upfront costs, making it easier for you to access a new electric car. Moreover, the low, fixed monthly deductions cover the costs of the car payment, as well as servicing, tyre and insurance.
Financial freedom
Reduce your personal credit
The elimination of a personal credit agreement, disposal of your current car and the switch to a monthly payroll deduction with your employer simplifies your finances and can enhance your credit rating. Moreover, it offers a hassle-free path to personal mobility - without the burden of personal debt.
Decarbonisation impact
Emission-free motoring
Electric cars have zero tailpipe emissions, helping you reduce your personal carbon footprint. Moreover, switching to an electric car through the EcoMute salary sacrifice programme supports your employer's corporate sustainability goals. It's a win-win.

Peace of mind

Early Termination Protection

Early Termination Protection safeguards you against unforeseen circumstances, ensuring you're not financially burdened if you need to exit the salary sacrifice scheme early. It's peace of mind, allowing you to commit with confidence.

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Employer benefits

It's a win-win

Our salary sacrifice programme isn’t just beneficial for you; it’s a win for your employer too. It enhances their benefits package, aids in talent retention, supports sustainability goals, and can lead to significant tax efficiencies.

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Break free from your PCP and halve your motoring costs

Top 5 reasons

Cost efficiency

Corporate discounts

Equal instalments

Financial freedom

Decarbonisation impact

Peace of mind

Employer benefits

Every electric car

Renault

Porsche

Volvo

Ford

Maserati