Can make driving an EV 30–45% more affordable*
Salary sacrifice can make driving up to 45% cheaper than traditional car finance options such as PCP, Hire Purchase or PCH. Not only do you benefit from payments being deducted pre-tax, but both you and your employer save on National Insurance contributions.
With current government incentives for EVs, Benefit-in-Kind (BIK) tax is only 4% for the 2026/27 tax year, making electric vehicles significantly more affordable.
*Savings calculated from reduced income tax and NIC. Includes all interest and lease costs. Based on a £100,000 salary, 4-year lease, £50,000 vehicle, no downpayment, 7% interest, and a 50% residual.
£322 p/m
Salary sacrifice on EVs
£594 p/m
Personal Contract Purchase
How does a salary sacrifice work?
With salary sacrifice, you can bundle your rental repayments and running costs, such as insurance and maintenance into a single payment taken from your pre-tax salary.
Application
Tell us a few more details about you and your employer
Scheme set up
We’ll work with your employer to get the scheme set up with your employer
Approval
Once we’ve got everything we need, you and your emplyoers digitally sign contracts
Vehicle Pick Up
Pick up your new Tesla and we’ll handle the payroll setup with your employer
Why Salary Sacrifice?
Transparent by design
Monthly repayment figures include all fees and charges, which means no nasty surprises later in the process
Maximise affordability
Simple, affordable packaging, with straightforward savings tailored for you.
Streamlined delivery
Works closely with Tesla’s delivery specialists to ensure a seamless delivery process as their dedicated leasing provider.
What can we include in salary sacrifice?
With salary sacrifice, your lease payments and running costs - insurance, maintenance, servicing and breakdown cover - are bundled into a single payment taken from your pre-tax salary, so you pay less income tax and National Insurance and more of your Tesla is covered by money you'd otherwise lose to tax. Electric vehicles also attract the lowest company car tax available: just 4% Benefit-in-Kind for the 2026/27 tax year, against 25% or more for petrol and diesel, with rates published through to 2029/30 so you know where you stand for the life of your lease. There's no deposit to pay, and you choose your Tesla, your term and your annual mileage - we'll show you the exact net impact on your take-home pay before you commit.
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FAQ
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