Salary Sacrifice EV

[sufcfan1]

So my employer has just launched a salary sacrifice scheme for EVs, and I think it’s a great deal, but I’m not sure if my man maths is getting the better of me or not.

For example Skoda Enyaq 60 Suite is one I had my eye on, good range, nice practical family car, zero deposit, and once all the tax savings etc are taken in, would cost me £360 a month, with 12000 miles pa.
This includes all servicing, repairs, tyres and insurance on a 36 month lease.
Once I add in the fuel saving it’s starting to look like good value.

Do those in the know think this is good, bad or indifferent?

[sufcfan1]

Zenith Leasing

[sufcfan1]

Thanks, from the documents it looks like my pension is worked out pre deductions/sacrifice so all good on that point.

Just got a new role so trying to mitigate the 52% tax rate in currently sat in, got to love the Scottish tax system.

[sufcfan1]

Thanks all for your input, always appreciate some real world experience.

Just dug out my pension info, and that’s salary sacrifice too, so no impact there.

Think I’ll make an appointment at the Skoda garage and get in a car and see what’s it like.

[sufcfan1]

Meeten-5dulx said:

I too have been looking.
Funny, based in Scotland, same provider, not the 52pc band.....

Short list for me is
Enyaq or q4etron .....

Tesla 3 or polestar 2.

Had a look at the Taycan, the cheapest was 707. Model S was circa 840.

Going to Livingston to test drive a Polestar 2 next weekend.
Q4 Etron are not available at dealers till of of June.

I had a look at most of the family sized cars, and the Tesla’s just seem really expensive, and I think the Audi is also based on the ID4 platform, so should be very similar.

The Polestar looks like a very good car, but again, maybe a bit more than I was looking to spend. And if I turned up in a Porsche, I’d be out the house!!

The 52% band is an anomaly of the Scottish system, 40% income tax over £43000 ish but the 12% NI rate doesn’t drop till £50000.