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 setup

  • Credit check


    Unlike personal leasing the cost is not based on your credit score

  • Insurance


    Comprehensive motor insurance for you and additional drivers

  • Servicing


    Regular servicing is always included in the monthly cost

  • Maintenance


    Fair wear and tear of tyres and maintenance included

  • Breakdown


    UK and European breakdown cover

  • Accidents


    Access to DriveLine for all help with accidents

  • Charging


    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

Consultation

Consultations

Consultations

Book Teams consultations with your dedicated Faraday EV specialist. We will help you decide which EV fits in with your lifestyle and budget

Book Teams consultations with your dedicated Faraday EV specialist. We will help you decide which EV fits in with your lifestyle and budget

Vehicle search

Search for the perfect electric vehicle through our dedicated ordering portal. Including full car spec, pricing and optional extras - you'll find everything you need to get started

Search for the perfect electric vehicle through our dedicated ordering portal. Including full car spec, pricing and optional extras - you'll find everything you need to get started

Charging points

We will coordinate the installation of your home charge point. You can also locate a public charger with our integrated map from Open Charge Maps.

We will coordinate the installation of your home charge point. You can also locate a public charger with our integrated map from Open Charge Maps.

Information

Keep up to date with your order, and quickly access all key details and documents

Keep up to date with your order, and quickly access all key details and documents

Get in touch

Get in touch

Contact

01202 747404

info@faradayev.com

The Chocolate Box
8-10 Christchurch Road
Bournemouth
BH1 3NA

Resources

Employer portal

Driver portal

FaradayEV is a trading name of Canford Finance Limited. Canford Finance Limited is a company registered in England & Wales with a company number 12830488. If you would like to know how we handle complaints, please ask for a copy of our complaints handling procedure. You can also find information about referring a complaint to the Financial Ombudsman Service at www.financial-ombudsman.org.uk

Contact

01202 747404

info@faradayev.com

The Chocolate Box
8-10 Christchurch Road
Bournemouth
BH1 3NA

Resources

Employer portal

Driver portal

FaradayEV is a trading name of Canford Finance Limited. Canford Finance Limited is a company registered in England & Wales with a company number 12830488. If you would like to know how we handle complaints, please ask for a copy of our complaints handling procedure. You can also find information about referring a complaint to the Financial Ombudsman Service at www.financial-ombudsman.org.uk

Contact

01202 747404

info@faradayev.com

The Chocolate Box
8-10 Christchurch Road
Bournemouth
BH1 3NA

Resources

Employer portal

Driver portal

FaradayEV is a trading name of Canford Finance Limited. Canford Finance Limited is a company registered in England & Wales with a company number 12830488. If you would like to know how we handle complaints, please ask for a copy of our complaints handling procedure. You can also find information about referring a complaint to the Financial Ombudsman Service at www.financial-ombudsman.org.uk