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CAR SCHEME

Valuable all round

An easy, affordable way for your employees to get a new car, and a low maintenance way for you to offer a popular benefit, ours is a car scheme with a difference.

Instead of hiring through you (leaving you with the admin headache and initial costs) your employees hire their car direct through us, and we take care of everything.

As an OPRA Type A/salary sacrifice scheme, your employees simply give up part of their salary each pay cycle to cover the cost of their car. And as they pay through their gross, or pre-tax pay, there is the potential to pay less tax and NI too depending on the CO2 emission of the car they choose.

They can choose from over 3,000 car makes, models and specifications. All the running and maintenance costs are included, and we pass on bulk buy discounts so they’ll get a great deal. What’s more, they don’t need to pay a deposit, there are no credit checks and we even include insurance.

Watch our video >>

Important note:

Because any tax and NI savings are offset against Benefit-in-Kind (BiK) it’s important your employees choose vehicles with low CO2 emissions in order to make the biggest savings. Vehicles under 75g/km CO2 offer the most savings.

Vehicles which are 100g/km CO2 and above are likely to offer little savings, as the BiK amount may be similar to the tax and NI savings combined. However, your employees will still benefit from our corporate discounts and our no deposit, no credit check, all-inclusive package.

Cars over 120g/km CO2 are likely to be better on Personal Contract Purchase and Personal Contract Hire arrangements simply because they avoid the Benefit in Kind tax which applies to salary sacrifice schemes. We offer this scheme through our Discounts Tier 1 ‘Lifestyle’ scheme.

Please note: Our cars are provided by Fleet Hire (trading as Car Salary Exchange).

Valuable to you

  • Once your employee joins, we’ll take over so there’s minimal admin
  • We look after their car so it won’t fall to you
  • We also provide the insurance
  • If they leave, we’ll take back the car so there's no risk for you
  • The scheme supports your green initiatives by encouraging low CO2 cars

Valuable to your employees

  • They can choose from over 3,000 car makes, models and specs
  • The cost includes running, servicing, maintenance and replacement tyres
  • It also covers insurance and road tax
  • It’s low risk, so if the worst happens they can return the car without a charge
  • They get a better price thanks to our bulk-buy discounts
  • There’s no credit check, upfront deposit or set up fees
  • Because it’s salary sacrifice, they could save money through reduced tax and NI.