We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

EV Salary Sacrifice for Car Loan instead of Lease?

Hi all,

I'm interested in getting an EV through salary sacrifice and my work are willing to set this up.

To keep things really simple, I just want to know if anyone knows of a finance company who can offer this via a loan. I've only seen lease, and this isn't my preferred option.

Given the significant savings I may have to go down the lease route, but would like to hear if anyone has seen alternative.

Thanks in advance.


Comments

  • facade
    facade Posts: 7,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I can't help, but be careful with salary sacrifice, as it can affect your pension.
    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science ;))
  • Grumpy_chap
    Grumpy_chap Posts: 16,533 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Combo Breaker
    tomhuk said:
    Hi all,

    I'm interested in getting an EV through salary sacrifice and my work are willing to set this up.

    To keep things really simple, I just want to know if anyone knows of a finance company who can offer this via a loan. I've only seen lease, and this isn't my preferred option.

    Given the significant savings I may have to go down the lease route, but would like to hear if anyone has seen alternative.

    Thanks in advance.


    Once your employer set up the SS scheme, you will be tied to whatever process the employer has in place with the SS scheme provider.  Almost certain to be lease as that is how company cars work - which is what the EV will be.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.