Can make an EV ~15% more affordable vs other Tesla Finance Products*
Salary sacrifice can make driving up to 15% cheaper than traditional car finance options such as Business Contract Hire. Not only do you benefit from payments being deducted pre-tax, but both you and / or your employer save on National Insurance contributions.
With current government incentives for EVs, Benefit-in-Kind (BIK) tax is only 4% for the 2026/27 tax year, making electric vehicles significantly more affordable.
*Savings calculated from reduced income tax and NIC assuming 100% pass through. Includes all interest and lease costs but not insurance or early termination protection. Based on a £150,000 salary, 36 month lease on a base Tesla Model 3.
£318 p/m
Salary sacrifice on EVs
£365 p/m
Business Contract Hire
How does a salary sacrifice work?
With salary sacrifice, you can bundle your rental repayments and running costs, such as maintenance and servicing, into a single payment taken from your pre-tax salary.
Application
Tell us a few more details about you and your employer
Scheme set up
We’ll work with your employer to get the scheme set up
Approval
Once we’ve got everything we need, you and your employer digitally sign contracts
Vehicle Pick Up
Pick up your new Tesla and we’ll handle the payroll setup with your employer
Why Salary Sacrifice?
Transparent by design
Monthly repayment figures include all fees and charges, which means no nasty surprises later in the process.
Maximise affordability
Simple, affordable packaging, with straightforward savings tailored for you.
Streamlined delivery
Works closely with Tesla’s delivery specialists to ensure a seamless delivery process as their dedicated leasing provider.
What can we include in salary sacrifice?
With salary sacrifice, your lease payments and running costs - maintenance, servicing and breakdown cover - are bundled into a single payment taken from your pre-tax salary, so you pay less income tax and National Insurance and more of your Tesla is covered by money you'd otherwise lose to tax. Electric vehicles also attract the lowest company car tax available: just 4% Benefit-in-Kind for the 2026/27 tax year, against 25% or more for petrol and diesel, with rates published through to 2029/30 so you know where you stand for the life of your lease. There's no deposit to pay, and you choose your Tesla, your term and your annual mileage - we'll show you the exact net impact on your take-home pay before you commit.
Get quote
FAQ
Tell us about your business and your preferred term and mileage, and we’ll give you an estimated monthly cost. From there, we’ll set up a salary sacrifice scheme for your business and coordinate with Tesla on delivery.
Your payments come out of your gross salary before tax and National Insurance, so your Tesla costs less than paying from take-home pay.
Your agreement is linked to your employer, so it can’t move with you to a new job, but your employer can transfer it to another employee. Otherwise, ending it early normally carries a charge, but Early Termination Protection can reduce this charge in certain circumstances.
Once we have everything we need from your business, setup can be completed in as little as 24 hours.
Your Tesla, servicing and maintenance, tyres, road tax and breakdown cover, all in one monthly payment.