The Electric Car Scheme vs
Leaseloco
Compare EV Salary Sacrifice from The Electric Car Scheme with Personal Leasing deals on LeaseLoco
Choosing a salary sacrifice or EV benefit route is a strategic decision. Pricing, vehicle availability, risk protection and operational simplicity all determine whether the scheme is accessible, scalable and cost-neutral for your workforce.
At a Glance: Key Differences Between The Electric Car Scheme and Leaseloco
Structure: The Electric Car Scheme is gross-salary EV salary sacrifice offered through employers; LeaseLoco compares post-tax personal contract hire deals.
Total cost: Salary sacrifice typically costs 30–40% less than an equivalent personal lease for a higher-rate taxpayer.
Risk: The Electric Car Scheme includes Complete Employer Protection from day 1; a personal lease via LeaseLoco places all risk on the individual.
Charging: Salary sacrifice via The Electric Car Scheme bundles tax-efficient home, workplace and public charging; a LeaseLoco personal lease does not.
Employer benefit: Salary sacrifice creates NI savings and a sustainability benefit employers can reinvest; a personal lease is an individual purchase with no employer upside.
The Strongest Prices for Employee Electric Cars
LeaseLoco surfaces competitive personal-lease deals but they're paid from post-tax income. A salary-sacrifice EV is deducted from gross pay — so the effective cost is 30–40% lower for a 40% taxpayer.
The Electric Car Scheme
Electric and plug-in hybrids below 75g CO2/km
Hundreds of used EVs in stock at any time
Multi-funder leasing panel
Leaseloco
Multi-fuel personal and business lease deals from third-party brokers
No salary-sacrifice option
No tax-efficiency on EVs
For larger organisations with a high proportion of employees in the basic-rate tax band, broader access to used and plug-in hybrid vehicles can make the scheme accessible to a significantly wider share of the workforce.
Risk and Early Termination Protection Comparison
92% of senior HR professionals believe salary sacrifice carries risk if an employee leaves while they still have a car.
The Electric Car Scheme's Complete Employer Protection
Included as standard from day 1
Covers resignation (3 months+), redundancy, dismissal, parental leave, long-term sickness, loss of licence and death
No excess fees, caps or annual limits
Cover continues even if the employee doesn't pay termination fees or damage costs
Leaseloco's protection
Early-termination fees fall on the individual
No redundancy, sickness or parental-leave protection
GAP and lifestyle protection sold separately by third parties
| Event | The Electric Car Scheme | Leaseloco |
|---|---|---|
| Resignation | Covered from 3 months, no excess or cap | Typically 3-month exclusion; excess may apply |
| Redundancy | Covered from day 1, no excess or cap | Exclusion period and annual cap common |
| Dismissal | Covered, no excess or cap | Often partial or excluded |
| Parental leave | Covered, no excess or cap | Often excluded or time-limited |
| Long-term sickness | Covered, no excess or cap | Often time-limited |
| Loss of licence | Covered | Varies by provider |
| Death | Covered | Covered |
| Employee non-payment | Covered — scheme absorbs loss | Often not covered |
Service, Technology and Portals Comparison
The Electric Car Scheme
Employer Portal: approvals, payroll reporting, live order tracking, sustainability
Employee Portal covering the full lease lifecycle and charging
API/SFTP/SSO integrations with major benefits and payroll platforms
Dedicated Customer Success Manager per employer
Leaseloco
Consumer comparison site directing to third-party brokers
No employer portal or payroll integration
No in-life lease management on platform
Our technology is designed to minimise admin, remove manual uploads and double entry, and provide real-time visibility of uptake, savings and carbon impact.
Charging: EV Charging Salary Sacrifice Comparison
A personal lease doesn't include any tax-efficient charging package. The Electric Car Scheme bundles home, workplace and public charging into salsac.
The Electric Car Scheme
Salary-sacrifice home, workplace and public charging
20–50% savings on charging costs over the lease
Home charge-point install included in salary-sacrifice
Preferred tariffs (e.g. OVO Charge Anytime with free miles)
Up to £4,405 of charging value per employee across a typical lease
Leaseloco
No integrated charging package
Charge-point installation arranged separately
No tax efficiency on charging costs
Cost to Run and Employer NI Sharing
Personal leasing offers no NI or tax efficiencies. Salary sacrifice generates employer NI savings that The Electric Car Scheme lets employers retain in full or reinvest into employee pricing.
Many employers choose to share a large proportion of their employer National Insurance savings with employees to support affordability and maximise participation, while retaining a portion to fund wider people and climate initiatives.
Why Choose The Electric Car Scheme Over Leaseloco?
30–40% effective saving vs an equivalent post-tax lease for higher-rate taxpayers
Employer-funded risk protection from day 1
Integrated tax-efficient charging
Employer tech and payroll integrations
Wide EV and PHEV choice including used
If you'd like to see how The Electric Car Scheme compares with LeaseLoco for your workforce, we can build you a tailored side-by-side based on your company's demographics and vehicle mix. Book a call with our Salary Sacrifice Specialists here.
Be the Hero and Make Net Zero the Obvious Choice for your Team
Reward your employees, attract the best talent and drive your sustainability goals - all with one simple, cost-free benefit: The Electric Car Scheme.