Multi-Bid
No single funder can offer the best price on every vehicle, for this reason we work with multiple lenders to get the lowest monthly cost.
Only around 50% of companies know about salary sacrifice car schemes and fully understand them.
Research suggests that 51% of employees don't feel comfortable asking their employer for benefits they want, and 74% want their employer to offer salary sacrifice.
Despite potential confusion, there's a growing demand for salary sacrifice car schemes, particularly for electric vehicles (EVs)
Businesses need to be aware of the benefits and potential pitfalls. They need a partner that can be honest.
There are also potential disadvantages, such as a lower take-home pay, reduced borrowing capacity, and potential issues with state benefits.
Over half of UK businesses now offer Salary Sacrifice with 64% of employees citing it as an important business benefit.
No single funder can offer the best price on every vehicle, for this reason we work with multiple lenders to get the lowest monthly cost.
This covers you and the employee for a wide range of lifestyle changes, such as resignation, maternity and paternity leave, loss of life and loss of driving licence on medical grounds.
We understand that managing vehicles can be an administrative burden, so that’s why you can relax knowing we are taking care of the process end-to-end. All you need to do is approve or reject any orders placed.
Savings achieved through the scheme can be offset against the costs involved, ensuring the scheme is cost neutral.
Live pricing from five funders, giving your employees the lowest cost benefit in the market.
Employee portal and Helpdesk for ordering and managing their vehicle.
Great savings from salary sacrifice with the additional benefit of the best price in market (live market pricing).
Road Tax, MOT, Servicing, Tyres, Insurance, Breakdown Assistance, and Accident management ALL included.
Driving licence checks and motor insurance included.
Leading benefit giving employees access to very cost-effective cars, via Multi-bid.
Available to all employees (subject to earnings thresholds), option to include a second vehicle, use cash allowance toward the scheme, ideal replacement for traditional company car or perk car schemes.
Utilisation of fleet insurance, early termination insurance, inclusion of fleet discount terms. Cars can be reallocated into company car fleet.
Reduces the carbon footprint for your business and employees.
The scheme is fully managed and administered by us.
A salary sacrifice car scheme supports ESG goals by promoting environmental sustainability, social responsibility, and good governance. It encourages employees to adopt electric and low-emission vehicles, reducing carbon footprints and supporting net-zero targets. It helps businesses meet sustainability targets while offering valuable employee benefits.
Whilst we recommend passing back National Insurance (NI) savings to employees for maximum uptake, you can choose to retain all or part of the savings to help reduce your National Insurance contributions.
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