The Electric Car Scheme vs
loveelectric
Compare EV Salary Sacrifice Schemes from The Electric Car Scheme and loveelectric
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 loveelectric
Both providers are B Corp certified EV salsac specialists — this comparison is about scale, commercial terms and platform depth.
Vehicle choice: The Electric Car Scheme aggregates across the full UK leasing market including plug-in hybrids and hundreds of used EVs; loveelectric is EV-only with a smaller used pool.
Pricing: The Electric Car Scheme's multi-funder pricing engine delivers live market prices; loveelectric's panel is tighter.
Risk protection: The Electric Car Scheme includes Complete Employer Protection from day 1, no caps or excesses; loveelectric's protection has standard salsac-market exclusions.
Charging and platform: The Electric Car Scheme salary-sacrifices home, workplace and public charging and offers deeper enterprise integrations (SSO, API/SFTP).
The Strongest Prices for Employee Electric Cars
Both providers focus on EV salsac, but The Electric Car Scheme's larger multi-funder panel routinely delivers stronger prices across both new and used EVs — and provides a plug-in hybrid route loveelectric doesn't.
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
loveelectric
Electric-only inventory
No plug-in hybrid route for employees needing range flexibility
Smaller used-EV pool
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
Complete Employer Protection already covers every reason an employee might leave a scheme early: resignation, redundancy, dismissal, parental leave, long-term sickness, loss of licence, death. No exclusion periods. No excess. No caps or usage limits.
Employee Life Event Support extends that same protection to employees. When life changes, the car can be returned too. It's the most comprehensive risk package in UK EV salary sacrifice, and the only one that protects both sides of the agreement from day one. If an employee faces a serious illness, a bereavement, or a sudden drop in household income, they can return the car without penalty.
How does loveelectric’s early termination protection compare?
Loveelectric charges employees a Commitment Fee (typically one month's lease cost) if they exit early
The Zero Risk Guarantee excludes new vehicles where company attrition exceeds 15% at point of delivery
Standard exclusion periods apply (often including redundancy)
| Event | The Electric Car Scheme | loveelectric |
|---|---|---|
| Resignation | Covered from day 1 | Covered from Day 1 |
| Redundancy | Covered from day 1, no excess or cap | Covered from Day 1 |
| 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
loveelectric
Employer and employee portals provided
Fewer enterprise-grade integrations
Support model less hands-on for larger employers
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
The Electric Car Scheme's charging salsac covers home, workplace and public — a broader scope than loveelectric's charging package.
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
loveelectric
Loveelectric offers the Charge Card, a virtual Visa card that lets employees salary sacrifice EV charging costs at home and on public networks. The arrangement is based on a pre-agreed monthly allowance calculated from estimated mileage, with the employer paying upfront and recovering the cost through payroll.
The Charge Scheme from The Electric Car Scheme operates on actual monthly usage rather than a pre-agreed estimate, and extends coverage to workplace charging as well as home and public networks.
Workplace and public charging not fully salary-sacrificed
Tariff partnerships narrower
Cost to Run and Employer NI Sharing
Both schemes can operate at no net cost. The Electric Car Scheme gives explicit control over NI savings — retain, reinvest or split.
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 loveelectric?
Broader vehicle availability: new, used and plug-in hybrid
Multi-funder, market-priced quotes on every order
Unconditional, day-one employer protection
Full charging salary-sacrifice across home, workplace and public
Enterprise-grade integrations and CSM support
Explicit employer NI savings flexibility
If you'd like to see how The Electric Car Scheme compares with loveelectric 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.