Join the loveelectric EV salary sacrifice scheme today
No deposit
30-60% off
Everything included
EV salary sacrifice scheme explained
- EV Salary sacrifice means an employee forgoes some of their gross salary each month (i.e. pre-tax) to lease an electric car
- No deposit required with everything included in one monthly price: insurance, maintenance package, tyres and breakdown cover
- As the monthly cost is taken before tax, employees save £100s every month
How does it work?
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Step 1 - Your company joins the scheme
It doesn’t cost a penny for a business to join, run or manage the loveelectric EV salary sacrifice scheme. If you’re interested, simply fill out our enquiry form and we’ll send over an information pack with the details.
Get Started
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Step 2 - We’ll handle the set up and onboarding process
Once a company joins, we take care of setting things up for. This includes a live onboarding session for all employees as well as ongoing support as needed.
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Step 3 - Employee picks a car and we deliver to their door
Eligible employees can access our app to browse a huge range of new and used electric cars, explore our exclusive special offers and order their car online. Once ordered, we’ll deliver it - for free - anywhere in Britain.
Benefits of electric car salary sacrifice for everyone
Employer benefits
Attract and retain the best employees
Free to join, run and manage the scheme
All admin is taken care of by loveelectric, easing the pressure on your team
Reduced National Insurance contributions, saving your business money
Become more sustainable by lowering carbon emissions
Employee benefits
Save up to 60% vs other finance methods
Get a brand new or reloved electric car for less
No deposit required and no hidden fees
Insurance, maintenance, tyres and breakdown cover all in one package
Save £100s each month on Income Tax and National Insurance
Salary sacrifice calculator: How much can you save?
Why choose loveelectric?
We’re a certified B Corp, committing 10% of our profits to environmental charities and initiatives
The scheme is free and easy to join for eligible businesses
We take care of all the admin to make it easy for HR and finance teams
Choose from a massive range of brand-new and used electric cars
No hidden costs and no deposits needed
Early Termination Protection means companies face no unexpected charges
Hear from our drivers
Electric car salary sacrifice FAQs
How do I sign up?
It’s easy. Whether you’re an employer or employee, simply fill in our enquiry form and we’ll get back to you with more information.
Am I eligible to join the EV salary sacrifice scheme?
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:
- Aged 18-65 (maximum of 66 at end of term)
- A permanent employee of a company that has signed up to loveelectric's scheme
- Paying Income Tax and National Insurance contributions
- Not planning to retire or resign during the term of the scheme
- Not reaching retirement age during the term of the scheme (considered to be 67 for the purpose of this scheme)
How long does it take to set up the scheme?
It can take as little as 7 days to get everything up and running, but this will depend on how quickly our financing partners can approve your application and if they need any further information.
What’s included as part of the monthly cost?
Before you sign up for a lease with the loveelectric salary sacrifice scheme, you’ll choose the length of lease and mileage, with a full breakdown of the monthly costs before you commit.
Here’s what’s included:
Here’s what’s included:
- A brand new or reloved electric car
- Maintenance and servicing
- MOT
- Optional home charger:
We’ve partnered with industry leaders to bring you massive savings on a fully installed home charger. Browse the options here. - Breakdown assistance and recovery
- Replacement tyres and glass
- Accident management
- Early termination protection
- Fully comprehensive car insurance
- Customer support for any issues
- Brokerage fee
What’s not included as part of the deal?
As we’re transparent about all aspects of our offering, it’s only fair that we also outline what’s not included as part of the deal:
- A test drive of the car
- Our own charging network, but we do offer 5,000 miles of free charging thanks to our OVO partnership