Salary Sacrifice

 

 

Salary sacrifice from Best Car Finder is the innovative and cost effective way to drive your next electric or plug in hybrid car.

Best Car Finder take the hard work out of setting up your company’s salary sacrifice scheme, with no set up costs, the full range of all makes and models, and no ongoing management fees – just lease and drive.

Salary Sacrifice For Employers

By sacrificing a portion of their pre tax salary, your employees can make tremendous savings when leasing the latest electric vehicles. Your business will also save on National Insurance, while we take care of all the admin, paperwork, and payroll considerations. Sign your business up at no cost, and choose from our expertly curated selection of Electric Vehicle and plug in hybrid leases. Benefits include:

  1. Talent Magnet: Attract top talent with a unique and appealing employee benefit, giving your company a competitive edge in recruitment.
  2. Fleet Efficiency: Streamline your vehicle fleet management, leveraging our comprehensive service for a hassle-free and cost-effective solution.
  3. Environmental credentials: Showcase your business’ commitment to sustainability by running an all electric fleet of company cars.

Salary Sacrifice For employees

Do your bit for the environment and make tremendous savings on the latest and greatest electric vehicles through our salary sacrifice scheme. Because the salary sacrifice comes out of your pre tax earnings you pay less income tax and National Insurance, saving you and your employer money.

  1. Tax Savings: Enjoy increased take-home pay by sacrificing a portion of your salary, leveraging significant tax savings.
  2. Flexible Options: Choose from a diverse range of vehicles to suit your lifestyle, all with maintenance included.
  3. No Upfront Costs: Say goodbye to hefty upfront payments associated with traditional car ownership or leasing, and embrace the convenience of an all-inclusive lease.
  4. Environmentally friendly: Do your bit to fight climate change by driving an electric vehicle or plug in hybrid, reducing your carbon footprint and air pollution.

 

 
A Quick Summary


Welcome to Best Car Finder's innovative Salary Sacrifice Program — a unique employee benefit that empowers both employers and employees alike. By sacrificing a portion of your salary, you gain access to hassle-free, brand new electric vehicles or plug in hybrids.

Just hit the button below to get started, or read on to learn more about how our salary sacrifice scheme works.

 
What is Salary Sacrifice?


Salary Sacrifice is a financial arrangement offered by employers where employees agree to forgo a portion of their salary in exchange for non-cash benefits. Popular examples include cycle to work schemes, many pension schemes and some private healthcare options.

Best Car Finder offer Leases for electric vehicles and plug in hybrids as the non cash benefit. So instead of financing as an individual and paying for the car from post-tax pay, the lease cost is taken before income tax and National Insurance are deducted; lowering the employee’s tax liability and unlocking big savings for both the employer and employee.

Contact Us

See How Much You Could Save:

Meet Rebecca the CFO on £75K

Monthly Lease Cost

£1150

Employee Income Tax Saving

£460

Employee National Insurance Saving

£23

Benefit in Kind (BIK) Payable by Employee

£33.36

Company National Insurance and VAT saving

£243.02

Net Salary Sacrifice – Rebecca pays

£700.36 – Saving nearly £450

" Rebecca has been extremly helpful and efficient at all times. She has kept in touch throughout the process, checking in to make sure everything is ok. She has provided addtional information I have requested at short notice and also when we requested last minute changes to our order, she supported this and had it completed without any hassle."

What is electric car Lease?

Leasing a car lets you avoid any unexpected costs by offering a fixed monthly payment for the term of the lease.

Unlike dealer finance or bank loans you only pay for the depreciation of the vehicle over the term rather than the full capital value.

Rather than pay large deposits you simply pay a small initial amount, usually equivalent to three monthly payments, at the start of the lease.

Then, at the end of the lease period (typically two or three years), you simply hand the car back. The job of selling the car and picking up the tab for depreciation is the responsibility of the lease company.

Discover Our Most Popular Electric Models

 

  • MG 4 from £599 per month
  • BMW IX1 from £850 per month
  • Kia EV6 from £870 per month
  • Hyundai Ioniq 5 from £900 per month
  • Mercedes EQC from £954 per month
  • Tesla Model 3 from £1050 per month
  • Tesla Model Y from £1200 per month
  • BMW IX3 from £1299 per month

Salary Sacrifice Enquiry

We just need a few details from you, before we get started.