Salary Sacrifice Car Scheme
Market leading rates. Unmatched support. Maximum uptake.
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What is a Salary Sacrifice Car Scheme?
At its simplest, a salary sacrifice car scheme is an agreement between an employer and an employee. The employee agrees to “sacrifice” a portion of their gross monthly salary (their pay before income tax and National Insurance are deducted) in exchange for a non-cash benefit, in this case, a brand-new, fully maintained, and insured new or used electric car.
Because the deduction is taken from your gross pay, you only pay Tax and National Insurance on the remaining amount. This creates a significant tax saving, often making the cost of the vehicle 30% to 60% cheaper than a traditional personal lease.
Why choose Vavoom?
At Vavoom, we don’t just provide cars; we provide a complete vehicle management solution. With over 20 years of experience in the industry, we provide a scheme like no other.
20% more effective pricing
Replacement vehicle guarantee
Fully managed, end-to-end
Market-leading scheme uptake
Overall, our experience working with Vavoom has been very positive and we would be happy to recommend them as a trusted partner for organisations looking to implement a Salary Sacrifice car scheme.”
No Deposit
No Credit Checks
Comprehensive Insurance
UK-wide breakdown coverage
Full Maintenance
Salary Sacrifice for Employees
- 30-60% savings
- All-inclusive vehicle management
- Low or zero-emission vehicles
- Comprehensive insurance
- No deposit or credit check
- Support on hand
Benefits of a salary sacrifice car scheme
Salary Sacrifice for Employers
- Complement existing benefits without increasing costs
- Attract and retain top talent
- NIC savings
- Simple, fully supported scheme set up
- Reduces carbon footprint
- Dedicated account manager
Not the decision maker?
Introduce your employer to Vavoom. We’ll help them set up an EV Salary Sacrifice Scheme, giving you access to a brand-new, greener vehicle for a simple monthly reduction from your pre-tax salary.
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