Trusted BMW EV salary sacrifice for employers
Happy employees, healthy company. Launch with confidence knowing you're getting the best prices, first-rate protection, and a trusted 5* service for you and your team.
All-inclusive package
Easy for your team
to manage
First rate protection
30-60% savings on any
BMW electric car
We search across the market to find the best prices
You will access the top leasing companies to ensure the best prices are available. The best prices are required to get good employee take-up. Ask us to compare prices on any car for you.
Why choose
The Electric Car Scheme
-
First rate protection
We provide market leading protection to safeguard you from unexpected costs if your electric car needs to be returned early.
-
Best prices available
You will access the top leasing companies to ensure your employees get the best prices are available. The best prices are required to get good employee take-up.
-
Trusted 5 star service
Serving thousands of customers and rated “Excellent – 5 stars” on Trustpilot, you can rest assured that you are in good hands.
-
No cost
With no setup or running costs, our fee is equivalent to your employer's tax savings, so you can roll out the scheme at no cost to your business.
How does BMW salary sacrifice work
for my employees
The employer leases a BMW electric car
Serving thousands of customers and rated “Excellent – 5 stars” on Trustpilot, you can rest assured that you are in good hands.
Employees get the car (as a benefit) in exchange for salary
The employer agrees to provide the car in exchange for the employee looking after the car and sacrificing gross salary to pay for it.
Sacrificed salary is not taxable, saving thousands of pounds
The Electric Car Scheme provides payroll adjustments so that the employer recoups the cost of the car from the employee’s salary.
The employee saves 30-60% on the cost of any electric car by paying from salary before tax.
Trusted by companies just like yours
How does my
business join?
Talk with us
Talk with one of our Product Specialists to understand how electric car salary sacrifice will work in your business.
Sign up to The Electric Car Scheme
Our Product Specialists will handle the scheme setup and launch, ensuring a hassle-free process for you.
Launch the scheme
We’ll assign a dedicated Customer Success Manager to support your business with the launch of the scheme - this includes employee webinars, demo days, promotions and more.
Ongoing support
Once your scheme is launched our EV Specialist and Customer Success Teams will regularly be in touch to ensure your scheme is an ongoing success.
Awards, Accreditations & Press
Frequently asked questions
-
The Electric Car Scheme allows your company to lease an electric car for you, and they'll pay for it. In exchange, you agree to give up part of your gross salary to cover the monthly lease cost. This means you can enjoy your dream electric car while saving 30-60%.
-
The Electric Car Scheme is different from the usual car leasing providers. Instead of paying with your post-tax income, the fixed monthly payments for the car are taken from your salary before any Income Tax or National Insurance is deducted.
The percentage of savings available is dependent on your salary, marginal tax rate and the Benefit in Kind (BIK) tax rate - simply, the more tax you pay, the more you save with The Electric Car Scheme. You can calculate your savings here.
A car through The Electric Car Scheme is an employee benefit provided to you. As it’s a ‘company car’, there is a company car tax payable. However, the value of this BIK is set by HMRC, and set at very low rates until at least 2028.
-
If you would like to set-up The Electric Car Scheme - we'll need to speak with a Senior Decision Maker (normally a Director or HR Manager) at your workplace. We're dedicated to making net zero choices affordable for all. With no setup or running costs, our fee is equivalent to your employer's tax savings, so you can roll out the scheme at no cost to your business.
-