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.
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.
Customer Car LeasingI had not leased a car before and was very impressed with Tom Glen. Tom kept me informed throughout the whole process and answered all my questions.I could have got a slightly better deal elsewhere but felt that Tom deserved the business as people buy off people. I would have no problem in recommending Tom to anyone who is looking at leasing a car.
Date of experience: 05 June 2025
Tom Great company!Great company to deal with, easy, efficient communication and excellent deal. All completed within a couple of weeks.
Date of experience: 27 February 2025
Jaz Sahota Friendly StaffTakes care of customers and friendly staff
13/03/2024