The cost-effective way to drive electric
The cost-effective way to drive electric
Breath easy knowing you’re contributing to improved air quality
Monthly savings
Price comparison between personal leasing and salary sacrifice on a Tesla Model Y Hatchback RWD 5DR Auto 2023.
Comparative indicative quotes are based on a 36 month lease term, 8,000 miles per annum, 40% tax payer over 30 years old. These indicative quotes were correct on the 25/09/2023 and are to be used only to indicate salary sacrifice savings when compared to personal leasing. Pricing will change regularly based on manufacturer pricing, interest rates and taxation law. Please contact FaradayEV for up to date pricing.
Monthly savings
Monthly savings
Price comparison between personal leasing and salary sacrifice on a Tesla Model Y Hatchback RWD 5DR Auto 2023.
Comparative indicative quotes are based on a 36 month lease term, 8,000 miles per annum, 40% tax payer over 30 years old. These indicative quotes were correct on the 25/09/2023 and are examples only to indicate salary sacrifice savings when compared to personal leasing. Pricing may change based on manufacturer pricing, interest rates and taxation law. Please contact FaradayEV for up to date pricing.
Price comparison between personal leasing and salary sacrifice on a Tesla Model Y Hatchback RWD 5DR Auto 2023.
Comparative indicative quotes are based on a 36 month lease term, 8,000 miles per annum, 40% tax payer over 30 years old. These indicative quotes were correct on the 25/09/2023 and are examples only to indicate salary sacrifice savings when compared to personal leasing. Pricing may change based on manufacturer pricing, interest rates and taxation law. Please contact FaradayEV for up to date pricing.
Personal
£632.82
p/month
£926.82 deposit
Credit check
Personal credit check
Motor insurance not included
Motor insurance not included
Motor insurance not included
Salary sacrifice
£503.98
p/month
No deposit
No credit check
No personal credit check
Fully comprehensive motor
insurance included
Fully comprehensive motor
insurance included
Fully comprehensive motor
insurance included
Personal lease
£632.82
p/month
£926.82 deposit
Personal credit check
Motor insurance not included
Salary sacrifice lease
£503.98
p/month
No deposit
No personal credit check
Fully comprehensive motor
insurance included
Benefits at a glance
Benefits at a glance
Tax efficient
Make payments from your gross salary before tax and NI contributions
Zero deposit
No upfront payments or deposits to setupCredit check
Unlike personal leasing the cost is not based on your credit scoreInsurance
Comprehensive motor insurance for you and additional driversServicing
Regular servicing is always included in the monthly costMaintenance
Fair wear and tear of tyres and maintenance includedBreakdown
UK and European breakdown coverAccidents
Access to DriveLine for all help with accidentsCharging
Charger installation is optional. At the end of the lease you will own the charging point if installedTax efficient
Make payments from your gross salary before tax and NI contributions
Zero deposit
No upfront payments or deposits to setupCredit check
Unlike personal leasing the cost is not based on your credit scoreInsurance
Comprehensive motor insurance for you and additional driversServicing
Regular servicing is always included in the monthly costMaintenance
Fair wear and tear of tyres and maintenance includedBreakdown
UK and European breakdown coverAccidents
Access to DriveLine for all help with accidentsCharging
Charger installation is optional. At the end of the lease you will own the charging point if installedTax efficient
Make payments from your gross salary before tax and NI contributions
Zero deposit
No upfront payments or deposits to setupCredit check
Unlike personal leasing the cost is not based on your credit scoreInsurance
Comprehensive motor insurance for you and additional driversServicing
Regular servicing is always included in the monthly costMaintenance
Fair wear and tear of tyres and maintenance includedBreakdown
UK and European breakdown coverAccidents
Access to DriveLine for all help with accidentsCharging
Charger installation is optional. At the end of the lease you will own the charging point if installedTax efficient
Make payments from your gross salary before tax and NI contributions
Zero deposit
No upfront payments or deposits to setupCredit check
Unlike personal leasing the cost is not based on your credit scoreInsurance
Comprehensive motor insurance for you and additional driversServicing
Regular servicing is always included in the monthly costMaintenance
Fair wear and tear of tyres and maintenance includedBreakdown
UK and European breakdown coverAccidents
Access to DriveLine for all help with accidentsCharging
Charger installation is optional. At the end of the lease you will own the charging point if installed
Zero deposit
No upfront payments or deposits.
Tax efficient
Tax efficient
Make payments from your gross salary before tax and NI contributions.
No credit check
Unlike personal leasing the cost is not based on your credit score.
Insurance
Fully comprehensive motor insurance included.
Servicing
Regular servicing included.
Maintenance
Fair wear and tear of tyres and maintenance included.
Breakdown cover
UK and European breakdown cover included.
Accident help
Accident help
Accident management included.
Optional charger
Optional Charge point and installation included.
How it works
How it works
How it works
The FaradayEV Salary Sacrifice benefit lets you lease a zero-emission car using your monthly gross salary – before tax and other contributions are deducted.
The monthly net cost to you is reduced by your income tax and NI rate, as you sacrifice a portion of your gross salary to cover the total cost of the car, resulting in a significant net cost saving.
The FaradayEV Salary Sacrifice benefit lets you lease a zero-emission car using your monthly gross salary – before tax and other contributions are deducted.
The monthly net cost to you is reduced by your income tax and NI rate, as you sacrifice a portion of your gross salary to cover the total cost of the car, resulting in a significant net cost saving.
Your Faraday drivers portal
Your Faraday drivers portal