Salary Sacrifice | Vavoom Vehicle Management

The salary sacrifice car scheme has emerged as one of the most powerful tools for both employers and employees. We specialise in bridging the gap between high-end automotive technology and tax-efficient financial planning.

Whether you are an employer looking to bolster your recruitment package or an employee dreaming of a brand-new electric vehicle (EV) without the retail price tag, a salary sacrifice car represents the ultimate win-win scenario.

What is a Salary Sacrifice Car Scheme?

At its simplest, a salary sacrifice car scheme is an agreement between an employer and an employee. The employee agrees to “sacrifice” a portion of their gross monthly salary (their pay before income tax and National Insurance are deducted) in exchange for a non-cash benefit, in this case, a brand-new, fully maintained, and insured car.

Because the deduction is taken from your gross pay, you only pay tax and National Insurance on the remaining amount. This creates a significant tax saving, often making the cost of the vehicle 30% to 60% cheaper than a traditional personal lease.

How does it work?

Navigating the world of automotive finance can be daunting, but Vavoom simplifies the journey. Here is how the typical lifecycle of a salary sacrifice car works:

Salary Sacrifice for Employers

An attractive, simple benefit for employees:

Complement existing benefits without increasing costs
Attract and retain top talent
NIC savings
Simple, fully supported scheme set up
Reduces carbon footprint
Dedicated account manager

Salary Sacrifice for Employees

The most cost-effective way to access brand-new low-emission vehicles:

30-60% savings
All-inclusive vehicle management
Low or zero-emission vehicles
Comprehensive insurance
No deposit or credit check
Support on hand

Why Vavoom?

At Vavoom, we don’t just provide cars; we provide a complete vehicle management solution. With over 20 years of experience in fleet management, our team offers:

A Digital-First Experience: Our market-leading online portal allows you to compare models, calculate exact savings, and track your order with a few clicks.
Expert Advice: Our director led one-to-one approach gives you personalised support to ensure the car you choose fits your lifestyle and tax bracket.
Tailored Portals: We build bespoke dashboards for our corporate partners, making the administration of the salary sacrifice car scheme virtually effortless for HR and Finance departments.