I have spent a few weeks now researching schemes for work and doing some due-diligence and so i'm in a much better position now on EV SS schemes than I was before!
In a nutshell there are many personal factors that influence the pricing through a SS scheme, to name a few:
- Salary tax band
- DOB and post code (for the built-in insurance)
- Employer setup - by this I mean whether the employer opts to put money into the scheme to make it cheaper for employees. Employers (mostly) can claim back VAT on payments and choose to pass it on, they also can choose to pass on NI contributions as well - both make it cheaper for the employee.
*Edit* - Also pension, this one is not clear to me yet, but I believe if someone's pension is not salary sacrifice also, as the Car SS Scheme reduces your gross salary then your pension contributions would reduce also. Means net take home would be less but your pension pot suffers.
£675 on one for 10k mpa over 2yrs suggests to me that you earn over £100k, live in a insurance friendly area and your employer is putting both claimed VAT and NI savings back into scheme to benefit employees. Basically that is dirt cheap!
Zenith wouldn't meet with us as they said we would need a min of 3k employees, but I have met with Tusker, Octopus, LoveElectric, ElectricCarScheme and WeeVee to assess them.
From what I have seen the equivalent best quote compared to yours is around £950 for 10k mpa over 24 months. But as I said it's dependant on the above factors, hence the dirt cheap comment.
Superb,It's over 2yrs - they never do more than that for some reason. Fully maintained, tyres, servicing, insured for my wife and I. No deposit. Just a long wait I guess for delivery.
Yeah i'm meeting with pension guru Monday to find out - it's not clear yet on the impact for the 3 x different pension options we run so need to find out.Good point re pension - mine is as you say - taken as SS therefore no impact. Think its known as a 'smart' pension. But if you have a DC pension then this could have an impact.