Best electric car salary sacrifice scheme providers

Have you been thinking about getting an electric car through salary sacrifice? Now, as exciting as it may be to online shop for a dreamy EV and romanticise life in a Tesla, it’s important to ensure employers are sourcing their fleet of vehicles from a trusted, reliable vehicle company. Join us as we explore and find out what the best electric car salary sacrifice scheme is for you. 

Whether you are looking to get just one car or 500 through a salary sacrifice scheme, we understand it can be daunting. 

It is possible to manage this without a company that specialises in salary sacrifice, but it can be a lot to manage nonetheless. 

Often businesses are advised to hire a fleet manager to help them manage employees’ electric cars on salary sacrifice. OSV can manage this for you at your request. 

What should you consider when choosing a scheme? 

• Does the provider offer all electric vehicles? 
  • Question whether or not the electric car salary sacrifice scheme provider offers all electric car manufacturers. 
  • Why? 
  • Ensuring your employees are sacrificing their salary for a car they are excited to drive and take care of is important if you want to trust they will take care of the car.  
  • Why would an employee sacrifice part of their salary to lease and take care of a car that is not ideal for them? 
• It’s important to remember this: there’s salary sacrifice and then there’s salary sacrifice. 
  • What do we mean by this? 
  • There are companies with years of experience in the motor trade industry. Who have developed relationships and connections with the right people in the motor industry, and have a proven track record in the industry, have access to multiple finance houses ensuring competitive prices. 
  • And then there are companies who work with one funder – ensuring one price only. 
  • Which sounds better to you? 
  • Just like a car dealership wouldn’t sell you your home electric, why would an energy company sell you your electric car? 
• Does the scheme offer pre-sale and post-sale customer care and support? 
  • A reliable vehicle supplier should have a dedicated customer support team ready to answer and respond to all queries and complaints.  
• Does the provider have a library of reliable resources?
  • The best electric car salary sacrifice scheme will also provide a library of resources, such as a Learning Centre, should employees need in-depth information about their electric car.

Do they have specialist experience in electric car salary sacrifice? 

Ideally, you want a company that has over 100 years of combined experience in the motor industry and are well established in the trade.  

You want an electric car salary sacrifice scheme expert who can provide you and your employees with the best vehicle solution.  

Does the company offer high-quality service? 

This is often reflected through online credible reviews of the company, for example, Google Reviews. 

What should you look out for when choosing an electric car salary sacrifice scheme?

Often businesses know a salary sacrifice scheme is an attractive option for existing and potential new employees.  

However, if you want that attractive scheme to remain attractive and keep employees happy, it is fundamental that you choose the right salary sacrifice car scheme for your business and employees. 

This is important because if you want employees that will take care of their company car, you should ensure they are happy employees with their needs fulfilled. 

One example to support this is ensuring you cover the Duty of Care. This involves educating your employees about how to take care of their car, themselves, and how to be overall responsible during their salary sacrifice car scheme. 

You should stay aware of hidden fees that might not appear until later down the line.  

What do we mean by this? 

Sometimes, vehicle suppliers will not establish upfront every cost that is involved in a contract. This could include admin fees, subscription fees and possibly more. 

Who provides Electric Car Salary Sacrifice Schemes? 

See below a time-saving graphic summarising the best electric car salary sacrifice schemes in the UK: 

For more information about choosing the right vehicle leasing broker, visit our comprehensive article on 7 questions you should ask. 

Let’s do some digging into a bit more depth of what each scheme has to offer… 

OSV has been in the corporate leasing world since 1997. Not many people know, but OSV does offer a salary sacrifice scheme for businesses. Whether you are an employee looking to enjoy tax savings along with a brand-new electric car, or you are an employer trying to get a fleet of electric vehicles for your workers – OSV can help. 

Benefits of Electric Car Salary Sacrifice Scheme Providers 

How will you benefit from OSV’s electric car salary sacrifice scheme? 

• Receive a FREE consultation on how the salary sacrifice scheme can benefit your company and employees 
• Specialists on hand to support you and your employees throughout the scheme 
• EV package which can include a home charger, and maintenance, servicing, roadside breakdown and MOT of the electric vehicle 
• 100 years combined experience in the motor industry 
• Trading since 1997 in vehicle leasing, financing and purchasing 
• The employee is protected should they wish to return the vehicle within the first 3 months of the contract 
• Optional GAP Insurance which covers wear and tear including damaged paint work, scratches and more 
• Electric and plug-in hybrid vehicles are available, perfect if you’re unsure about committing to 100% electric 
• Plan for businesses to give to employees during the electric car salary sacrifice scheme including how to take care of the vehicle 
• Fleet solutions are also available suited to your business 
• A huge library of resources for your employees including EV cost per mile calculator, EV Assessment for Vans, and Driver EV Assessment Tool helping you have a better understanding of EV costs before you make the switch 
• 4.7-star Google rating, so you can trust you are working with the best vehicle specialists getting the best vehicle deal to suit your specific needs 

Reasons to choose Loveelectric: 

• Support from an electric car salary sacrifice consultant 
• 4.2-star Google rating which suggests this is a company you can trust 
• The employee is protected if they decide to terminate the contract and give back the vehicle early 
• They only sell electric cars via salary sacrifice, so you are supporting a company with the goal to reduce overall road CO² emissions 
• They can pass you onto a third party if you want to include an optional add-on home charger for your electric car 
• Insurance and maintenance are included with servicing and breakdown cover 

Reasons to choose Octopus EV: 

• Personal support from an electric vehicle specialist along the way 
• 4.8-star Trustpilot rating boosts the company’s credibility 
• The employee is protected if they decide to terminate the contract and give back the vehicle early 
• You can buy the vehicle at the end of the contract should you wish to do so 
• They only sell a number of electric cars, so you’ll save time choosing which electric model to go for 
• Insurance and maintenance are included with servicing, breakdown cover, repairs and replacement tyres 
• EV package including the electric car and home charger OR 4,000 free miles of public charging 

Reasons to choose Wevee: 

• Electric car support specialist for advice and queries during your agreement 
• 4.6-star Trustpilot rating  
• They only sell 8 electric cars via salary sacrifice, so they should really know these models  
• Employers can book a personalised presentation for how Wevee’s salary sacrifice benefits your business specifically 

Reasons to choose Ogilvie Fleet: 

• It’s an award-winning business contract hire and leasing company 
• You get personal support from an electric vehicle specialist along the way 
• 4-star Google rating 
• The employee is protected if they decide to terminate the contract and give back the vehicle early 
• You can buy the vehicle at the end of the contract should you wish to do so 
• With plug-in hybrid models also on offer, you are not stuck to just 100% electric vehicles, which is ideal if you’re unsure about committing 100% 
• Insurance and maintenance are included with servicing, breakdown cover, repairs and replacement tyres 
• Although there is a deposit upfront, you have the option to buy the vehicle at the end 
• You have the option to buy a home charger by increasing your monthly payments 

Should you apply to an electric car salary sacrifice scheme? 

Some may question if an electric car salary sacrifice scheme is worth it. If you want an electric car and don’t mind some tax savings on the side, then it is definitely worth considering.  

For some, it is a fantastic alternative that allows them to get behind the wheel of an electric vehicle, that they otherwise could not afford. 

With many different companies offering different services and eligibilities, it can be difficult to understand how they compare without endless research. We hope this in-depth article at least provided some insight as to which scheme is most suited to your employees or company.  

So, was there an electric car salary sacrifice scheme provider that caught your eye? If a company with over 100 years of combined motor experience, one-to-one support throughout the entirety of your contract, and a comprehensive library of resources including car reviews, articles, guides and more, sounds like the nurturing scheme that’s just up your street, OSV is here to help.