Save on an electric car with salary sacrifice
Lease the brand new car you want, at a great monthly price, fully taxed and delivered for free.
The most cost effective way to drive a brand new electric car!
Salary Sacrifice is the most cost effective way for an employee to give up part of their wages in return for a brand new electric car. In simple terms, an employee effectively ‘swaps’ part of their salary for another benefit. For a fixed monthly amount employees can receive a fully electric vehicle through a deduction made to your gross salary – giving you the savings on income tax and National Insurance Contributions.
As the car is available to employees for use in their own, private time, Benefit In Kind (BIK) tax is payable. However, as the scheme is only available for electric vehicles this will maximise savings through minimal BIK costs and simplify the process. Currently benefit-in-kind applied to electric cars the BIK at 2% until 2025.
Pay before Tax
Payments come out of your salary you save 30-60% on the car and before tax is deducted, helping any extras included.
All Electric Brands
Access to the full range of electric cars at the best rates on the market.
No Cost
You get the full tax savings – at no cost to your employer.
Expert Help
Our team help select the electric car that best meets your needs and guide you through the process
Get the most out of your experience
Whatever your driving needs are, We’ve got you covered
Brand new Electric Car
Choose from the best range of electric cars. We've even pre-ordered cars to get you on.
Outstanding Customer Care
Our experienced EV account managers will offer you the best advice.
Enjoy free electric miles
Talk to us above free mileage packages from our energy partners.
Total Care Packages
Tailor your package to include additional motoring services.
Choice in home charger
We can include a choice of the latest digital technology in home charging to get the best out of your energy price per mile.
Insurance & Maintenance
We can offer full maintenance and car insurance for the complete driving plan.
What style are you looking to drive?
From hatchback to coupe, estate to SUV we have a wide selection of the most popular body
types and we can help find the right car for you.
Prefer to drive hybrid?
Hybrids use both electricity and fuel, meaning when the electricity runs out, the car switches to fuel until your next charge, so no need to worry about range anxiety.
So if you’re not ready to go fully electric, a hybrid lease deal may be more appropriate for you. Choose from our most popular models, including the Hyundai Tucson and Volvo S90.
Benefits for the employer
An EV Salary Sacrifice Scheme can help business too
Hit your sustainability goals
Lead the charge against climate change. Give your team an alternative to petrol & diesel.
Attract and keep the best talent
75% of employees are more likely to stay with their employer because of their employee benefits package.
Help to drive your costs down
Save on national insurance contributions and give your team a cost-free benefit. And there's no cost to join.
Working in Partnership
We work with a number of different companies. We are also a full member of the BVRLA and are in constant discussion with both manufacturers and dealerships to get the best possible deals for our customers.
We also pride ourselves on being industry leaders and are willing to share our expertise with national and regional media to help educate people on all aspects of leasing.
Experience the Freedom of Leasing with Ridings Automotive LTD
Your trusted partner for affordable and flexible car leasing solutions. Drive your dream today with Ridings Automotive LTD.
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