Ryan FowlerSelect Lease by Mobilize has partnered with salary sacrifice software specialist SalSac to launch a zero-cost car leasing scheme aimed at making electric vehicle (EV) adoption more accessible for businesses and their employees.
The scheme allows employees to exchange a portion of their salary for a leased electric or plug-in hybrid vehicle, providing a cost-effective alternative to private leasing.
According to the partners, savings for employees typically range between 28% and 60% compared to a personal lease.
The scheme comes at no cost to employers, with no setup fees, no minimum participation levels and added savings from reduced National Insurance contributions.
Jonathan Smith (pictured), general manager of Select Lease by Mobilize, said: “This partnership marks a pivotal moment in the evolution of salary sacrifice car leasing schemes.
“By offering zero-cost access for employers combined with comprehensive benefits for employees,
“Select Lease by Mobilize is at the forefront of driving sustainability and economic resilience in the UK.
“With a tailored customer experience, we’re able to create customised solutions that boost employee satisfaction and business efficiency.”
Employers of all sizes, from SMEs to large corporates, are eligible to join the scheme. Additional options include motor insurance, early termination protection and fully installed home EV chargers.
SalSac will support scheme implementation with webinars, personalised quotations and full administrative assistance. Richard Quilter, head of development at SalSac, added: “This collaboration combines SalSac’s specialist knowledge in salary sacrifice leasing with Select Lease by Mobilize’s steadfast dedication to cleaner electric vehicles. At a time when households across the UK are feeling the pressure of rising living costs, we are committed to offering businesses, especially SMEs, affordable and sustainable benefits that have a real impact.”
The announcement comes as salary sacrifice continues to grow rapidly in the UK. According to the BVRLA’s latest Leasing Outlook report, salary sacrifice schemes saw 51% year-on-year growth, making them the fastest-growing form of car funding.
