What is usually included in a Car Salary Sacrifice arrangement?
A Car Salary Sacrifice arrangement entails an employee willingly forgoing a segment of their salary in return for the privilege of a leased vehicle provided by their employer. However, the benefits extend beyond mere vehicle provision, encompassing additional perks that enhance the overall appeal of this unique employment benefit.
What Can Be Included
A Car Salary Sacrifice arrangement typically involves an employee sacrificing a portion of their salary in exchange for a car provided by their employer. The details can vary, but the package often includes:
Car Lease: The employee gets access to a leased electric vehicle, and the lease is usually bundled with various services such as maintenance, insurance, and sometimes fuel.
Fixed Fee Vehicle Insurance: Comprehensive insurance coverage is often included in the package. This can cover damage to the vehicle, liability, and sometimes even personal injury protection.
Additional Maintenance & Servicing: Many Car Salary Sacrifice schemes include the cost of routine maintenance and servicing. This can cover regular services, repairs, and replacements due to wear and tear.
Roadside Assistance: Some arrangements may include roadside assistance services, and providing support in case of breakdowns or emergencies.
Residential EV Chargers: Our arrangements include the option of including a fully fitted home charger with the cost spread over 24 or 36 months. This cost can also be the salary sacrificed here in the UK.
EV Fuel Cards: In some cases, employers provide fuel cards to reduce the cost of public charging. This is less common than other benefits, but it can be included in some packages.
It's important to note that the specifics of a Car Salary Sacrifice arrangement can vary based on the employer's policies and the agreement negotiated with the leasing company. Employees should carefully review the terms and conditions to understand exactly what is included in the package and any potential tax implications.
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What our customers say...
Steve Newbold Skye was brilliant
Skye was brilliant - Great advisor & came through with the exact deal I was looking for.
15/02/2024
Martin Drew A huge thanks to Tom for all the effort, good humour, and professionalism.
The experience was not what I was expecting at all. I have never leased a car before, and I thought it would be a very prescriptive process. However, it felt like a collaborative effort instead. I dealt with Tom, and I was really impressed by how invested he was in getting the specifications of the car right for me. I changed my mind on some details of the specs sometime after I had signed the order, and to be honest, I was expecting to be told it was too late. However, he was totally unfazed and managed to sort everything out, getting it requoted quickly and amending the order for me.
I very rarely leave reviews, but I did feel this was an occasion where it is really warranted. So, a huge thanks to Tom for all the effort, good humour, and professionalism. I have no hesitation in recommending DreamLease.27th February 2024
Charne was incredible, spent alot of time securing me a very competitive deal and was patient despite my high demands! Would highly recommend - thankyou Charne!
Date of experience: 10 February 2025