Your tax-efficient solution to modern mobility

Salary sacrifice is an HMRC-approved way of paying for certain products ‘pre-tax’. For electric vehicles this means the cost of your EV comes out pre-tax and is all-inclusive of finance, maintenance, standard tyre replacements, breakdown assistance, warranty, insurance and early termination cover. You may choose to salary sacrifice the installation of an electric charge point too.

You could save up to 62% however this will be based on a number of factors. The biggest impact will be which tax code you sit in. You will be able to see the true savings within our indicative pricing section on our website, and then be able to discuss this with our experts.

This depends on the car. Long gone are the days of waiting 12 months for a factory order. On average, we would expect anywhere between 2 to 6 months for a factory order, and about 2-3 weeks for a car that’s in stock. Lead times are constantly changing and may vary depending on the colour and options you select so we’d encourage you to reach out to our team to get an accurate lead time on your new car.

Anything that is an EV we can source on salary sacrifice, weather that’s a big brand like BMW, or Audi, or one of the newer players in the market like BYD. Whether you are set on a brand, or open to alternate brands, our Relationship Managers have a wide range of expertise across the brands and will be able to support you.

Put simply, yes! At Pike + Bambridge we work on behalf of our clients to negotiate the best possible discounts direct with the manufacturer on your behalf. Enhanced discounting makes the already significant savings from Salary Sacrifice even better.

Yes. Our scheme is for fully electric vehicles.

Yes. Our scheme is only for new cars.

You must be an employee of a company that has an agreement with us, be paid via PAYE and earn at least national living wage after deductions. There are a few other criteria which our team can take you through on our initial call. If your employer is not yet set up with Pike + Bambridge, please use the referral section of our website to share the benefits of Salary Sacrifice with your employer.

Electric vehicles can save up to two thirds of the cost of filling up your petrol or diesel car, particularly if you are able to charge at home. This can result in significant savings on fuel costs over the lifetime of the vehicle. Your exact savings will be dependent on several factors, including your driving habits, the distance you travel and the cost of electricity in your area.

Yes, you will be able to choose the car you wish, including the brand, model, specification, colour, trim etc. Different brands and specifications will have different lead times. Our experts can take you through this in more details.

A standard salary sacrifice contract is 36 months. Sometimes your employer will allow you to do a shorter or longer period so please consult with them.

You will have to select a mileage allowance for your agreement, this will set the maximum number of miles a vehicle can be driven over the contract period before excess mileage charges apply. This is a factor in calculating your monthly payments. It may be possible to change the mileage allowance within a contract, but this would depend on the specific terms and conditions of the contract and the policies of the leasing company. Our Client Services Team at Pike + Bambridge will assess this periodically to advise on any changes that might need to be made.

Your employer will have decided how this is organised as part of your salary sacrifice benefit. Typically this will be included as part of the package. Our team will work with you on assessing the best policy option for you and any additional drivers.

You are free to add additional driver(s) in line with the terms of your chosen insurance policy. Our experts can give you more details on the exact criteria for additional drivers.

Your salary sacrifice agreement terminates if you leave your employer. For worst case scenarios, termination cover is typically included. It provides protection in the event that your employment is terminated before the end of the agreement, and you are unable to continue making the monthly payments. However within the first 6 months of ownership of the car, there would be a penalty. Should it be after 6 months, and the situation falls under an acceptable reason to give up the car, there would be no financial costs.

Yes, we partner with a number of different charge point installation companies. We can discuss this with you during your application. The cost of a charging point can be included with your salary sacrifice, allowing you to benefit from the tax savings of the scheme.

Yes. A fully maintained contract typically covers all costs associated with the operation and maintenance of a vehicle, including regular servicing, maintenance and repairs, standard tyre replacements, and breakdown assistance. The specific items covered within a fully maintained contract may vary depending on the leasing company and the terms of the contract, so it is important to carefully review the agreement and understand what is included before signing.

Absolutely. Our team can offer support and help you sell your current car, please chat with one of our specialists during your fact-finding call.

In some cases you will have the option to buy the car. Generally, our clients prefer to hand the car back and look to move onto the next salary sacrificed car, which we will absolutely help them with!