How to choose the right electric car salary sacrifice scheme

19 Jan

Electric cars are becoming an increasingly popular choice for drivers looking to reduce their carbon footprint and save money on fuel costs. If you're considering an electric car salary sacrifice scheme, there are a few key factors to keep in mind when making your decision.

Eligible vehicles

The first thing to look for when choosing an electric car salary sacrifice scheme is the range of eligible vehicles. Make sure the scheme includes the electric car model you're interested in, and check for any restrictions or exclusions.

Tax savings

One of the major benefits of salary sacrifice schemes is the potential for tax savings. By sacrificing a portion of your salary in exchange for an electric car, you may be able to reduce your overall tax liability. Look for a scheme that offers the greatest tax savings for you.

Maintenance and running costs

Electric cars have lower running costs compared to petrol or diesel cars. However, make sure to review the maintenance costs, as they can vary depending on the make and model of the car.

Charging infrastructure

Consider the charging infrastructure in your area and whether the scheme includes access to charging points. This will ensure that you have access to a charging point when you need it.

Length of agreement

Look for a scheme with a flexible contract length that suits your needs. This will give you the flexibility to upgrade to a new electric car when you're ready.

When deciding on the right electric car salary sacrifice scheme, it is important to consider the range of eligible vehicles, potential tax savings, maintenance and running costs, charging infrastructure and the length of the agreement. By keeping these factors in mind, you can make an informed decision and enjoy the benefits of driving an electric car.

Gaurav Ahluwalia

Gaurav, The Electric Car Scheme's Marketing Director, is a seasoned marketing leader with nearly a decade of experience in the Electric Vehicle (EV) industry. Throughout his career, Gaurav has not only honed his marketing skills but has also delved deep into the realm of electric cars, cultivating a wealth of valuable insights and innovative perspectives that make him a prominent figure in the field.