The ultimate company benefit.
What is salary sacrifice?
Simply put: salary sacrifice is the most affordable, efficient and financially accessible way for your team to get behind the wheel of an electric car.
Here's how it'll benefit your team and your business.
Maintenance, servicing, MOT and tyre replacement are included as standard.
Boost your bottom line by reducing the amount of National Insurance Contributions needed as an employer.
Address your Scope 3 emissions and reduce the environmental impact of your business.
Our fully comprehensive insurance covers you, your vehicle and up to two additional drivers.
Maintenance, servicing, MOT and tyre replacement are included as standard.
Enjoy 5,000 free miles of charging on us, thanks to our partnership with OVO.
Industry-leading Early Termination Protection, dedicated Employer Portal and Zero Risk Guarantee. It's the whole package.
What's included in loveelectric's salary sacrifice scheme?
With loveelectric, your team will get more than just an EV.
Why choose loveelectric?
Our salary sacrifice scheme was built from the ground up, putting businesses and their employees first.
Here’s what companies like your’s have to say
The process was very quick. Any questions I had were answered promptly, full support from A to Z. Thank you Love Electric
20th November 2024
Such great service and communication from Freya throughout the whole process. I signed up for a re-loved model and received the car within a couple of weeks.
19th November 2024
Great experience so far, having just taken delivery of our new Audi Q6! Loveelectric were really helpful right from the start and kept us updated on the order once place.
14th November 2024
Get started
Getting set up with loveelectric's salary sacrifice scheme is easy.
Speak to one of our Salary Sacrifice Experts and they'll give you a rundown of the scheme and answer any questions.
If you're happy to proceed, we'll get your business set up with the loveelectric app and run a live onboarding session for you and your colleagues.
You'll get access to promotional materials, live support and online webinars to spread the word. Employees can then order a car and we'll deliver it to their door. Simple as that.
Frequently asked questions
If you’re an employer, the general rule of thumb is that your business will need to have been trading for at least 2 years and be profitable. There are some exceptions though, so you can use our eligibility checker to know for sure. If you’re an employee, you will be eligible as long as you are:
Use our free eligibility checker here to find out. As a general rule of thumb, your company will:
- Need to have been trading for 2+ years
- Be profitable
- Have a staff base of 20+ employees with an attrition rate lower than 15%
Our salary sacrifice scheme is completely cost-neutral for a business to sign-up, run and manage. You can control who in your staff base has access to the benefit and keep an eye on its performance from our dedicated Employer Portal.
This is one of the most common questions we’re asked, and for good reason! If your employee leaves, for any reason, our industry-leading Flexible Returns Options offer you the following options for total peace of mind:
- Transfer the deal to your new employer: This will be our first option if your employee wants to keep the car. We’ll work with them to see if their new employer would be open to joining the scheme and transferring the lease. This would allow them to continue driving the vehicle.
- Novate the lease to another employee: If option one isn’t viable, the lease agreement can be novated (transferred) to another employee in your company who is willing to take the lease on.
- Advertise the car on our reloved® marketplace: We’ll list it on our app to all of our users who are looking to get a car. This gives them the option to take on a potentially shorter term, cheaper lease.
- Early Termination Protection: To help protect you and your employer, our Early Termination Protection means that - in most cases - your employee will only need to pay one month’s fee as an exit charge, rather than the entire remainder of the contract. Please familiarise yourself with our ETP for a list of exclusions and conditions.
Looking for a little more reassurance? Our optional Zero Risk Protection covers all early terminations from day one. Terms, Conditions & Exclusions apply, so please ask our Account Executive Team for more information on Early Termination.
We do the heavy lifting on every front: from pre-filled tax forms to marketing materials, everything needed for smooth running of the scheme can be found in the dedicated Employer Portal - designed from the ground up to make your life easier.
As a broker, we work with the industry's largest leasing companies to give our customers access to the broadest deals and cheapest pricing. We're big on pricing transparency, which is why you can get an indicative quote for any of our cars on our website [link to car listing page] - no signup or filling in annoying forms required.
Fill out our short enquiry form and one of our team will get in touch shortly.
