- Joined
- 30 Sep 2005
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- 16,557
So you would be really just renting it then if you ever leave the company. Not sure I like that.
this isn't buying the car it's leasing
So you would be really just renting it then if you ever leave the company. Not sure I like that.
this isn't buying the car it's leasing
ah right got ya. I thought salary sacrifice you get to keep the goods when it's paid off.
Salary sacrifice is simply a method of paying for something before your salary gets taxed rather than after (and thus save on your tax bills), it has no bearing on what you're paying for and whether that's to own something, lease it, add to pension or whatever else.ah right got ya. I thought salary sacrifice you get to keep the goods when it's paid off.
Jeez
Fuel savings are going to be huge. I'm with SO Energy so need to check their prices.
@bimbleuk did you get the smart meter from Octopus?
Yes the energy supplier has to install the SMETS2 meter to enable any variable tariffs. SMETS may be a bit controversial currently but the SMETS2 implementation should allow for easier switching in the future as the network is independent of the suppliers.
Here's a good place to start when comparing EV tariffs.
https://www.zap-map.com/charge-points/ev-energy-tariffs/
and the Luxury tax on the car of 5 x £310 for a Model 3 if not factored in..
Not correct fortunately. I have a SMETS1 and it's compatible with Octopus Go.
is this still applicable on salary sacrifice as I thought tax was in with the deal? another reason to go for it imho
Whereas mine doesn't work
Yeah, the work salary sacrifice scheme is heavily favouring electric when the BIK changes in April. An eGolf has dropped from £350 a month to ~£170. Leaf £165, Zoe £209.
eTron is £249 ... on a £60k car.
Those headline numbers are the take home pay reduction in the average salary, but you can easily get the exact numbers. The gross cost on an eTron is ~£470 which includes insurance and all maintenance.
In my case the take home pay reduction is ~£300 with some nice metallic paint and a fast charger installed at home. That's with another salary sacrifice already going out and taken into account. All I'd have to do is pay for electricity on top...
I worked in the public sector, so can utilise the NHS scheme.
Same car, 2 years and 6,000 miles on this one. Up the mileage to 8,000 and it's an extra £10 a month.
Yeah.£480 gross?
Yeah.
I was looking but it's on hold for the moment. Got extended custody of a family members Auris Hybrid at the moment after life threw them a curve ball, so it's costing me £0 a month.
Plus I've got that old infrastructure problem of getting a charger installed. Basement car park under the building, no accessible power without incurring significant building work, assuming the building management would allow it. There are on-street chargers a couple minutes walk away but infrastructure is a worry generally with increasing numbers of EVs.