What is usually included in a Car Salary Sacrifice arrangement?
A Car Salary Sacrifice arrangement entails an employee willingly forgoing a segment of their salary in return for the privilege of a leased vehicle provided by their employer. However, the benefits extend beyond mere vehicle provision, encompassing additional perks that enhance the overall appeal of this unique employment benefit.
What Can Be Included
A Car Salary Sacrifice arrangement typically involves an employee sacrificing a portion of their salary in exchange for a car provided by their employer. The details can vary, but the package often includes:
Car Lease: The employee gets access to a leased electric vehicle, and the lease is usually bundled with various services such as maintenance, insurance, and sometimes fuel.
Fixed Fee Vehicle Insurance: Comprehensive insurance coverage is often included in the package. This can cover damage to the vehicle, liability, and sometimes even personal injury protection.
Additional Maintenance & Servicing: Many Car Salary Sacrifice schemes include the cost of routine maintenance and servicing. This can cover regular services, repairs, and replacements due to wear and tear.
Roadside Assistance: Some arrangements may include roadside assistance services, and providing support in case of breakdowns or emergencies.
Residential EV Chargers: Our arrangements include the option of including a fully fitted home charger with the cost spread over 24 or 36 months. This cost can also be the salary sacrificed here in the UK.
EV Fuel Cards: In some cases, employers provide fuel cards to reduce the cost of public charging. This is less common than other benefits, but it can be included in some packages.
It's important to note that the specifics of a Car Salary Sacrifice arrangement can vary based on the employer's policies and the agreement negotiated with the leasing company. Employees should carefully review the terms and conditions to understand exactly what is included in the package and any potential tax implications.
Enquire About Salary Sacrifice Leasing Take the first step towards a rewarding salary sacrifice lease.
What our customers say...
Nik Michailides Would highly recommend.
Excellent communication throughout the process of leasing my car.
Always helpful and respond quickly to any questions and delivered my car ahead of schedule.
Craig Jones The whole process was quick and straightforward.
Having never leased a car before meant I had a lot of questions. From the very beginning DreamLease staff were always available to answer questions, either via email or phone.
The whole process was quick and straightforward. With all staff members offering help along the way as needed.
Communication about the progress of my order was good and kept me up to date with everything that was going on. Very responsive coupled with great prices, what’s not to like.
I highly recommend DreamLease to anyone looking to lease a motor vehicle.
G Brat I can't think of any fault in the whole process.
Very quick and helpful in response to queries. It was all pretty painless! Plus, in my search for suitable vehicles across a number of companies, their prices looked to be really competitive.
24 August 2023