Electric cars are still modern which means they are still expensive. However, the benefits of an electric car can outweigh the drawbacks of purchasing a petrol car. An electric car is eco-friendly and requires less maintenance than a petrol or diesel car, but the up-front cost is a lot.
However, now you can find some amazing schemes to help make them affordable. For example, Fleet Evolution has a salary sacrifice car scheme that saves you more money if you choose a greener car.
So acquiring something like an electric car can now save you money.
What are salary sacrifice cars?
Salary sacrifice is an agreement between you and your employer. As an employee, you are able to hand over part of your future salary in return for something that has value to you. For example, if you are someone who likes the luxury car lifestyle but doesn’t want to pay full price for it, this could be a good option.
Essentially, you give up a portion of your paycheck, and your employer reimburses you every month. The value of the benefit is based on your tax rate. For example, if you have a 30% tax rate, all benefits will cost you 70%.
So it can save you a lot of money.
These schemes often save you the most money when you choose an eco-friendly car as well. So choosing the lowest emissions will save you more money. As a result, Electric cars and hybrids are an amazing choice.
Why are salary sacrifice cars so popular?
People are living busier lifestyles- they are working longer hours and have less time to do things for themselves. This results in being unable to maintain their cars well enough that they run smoothly. It also means that when something goes wrong, they don’t have to worry about it.
Salary sacrifice cars are perfect for busy people who want to own their own vehicle without having to worry about all the stress of getting one.
With the advantage of being able to get electric vehicles and other modern car types for a lower cost as well, it means many are choosing this as their financing option.
The greener the car, the more you save! So, be aware of the amazing new electric cars currently on the market as they could see you saving a lot of money when purchased through a salary sacrifice option.
Why should I get an electric car?
An electric car is eco-friendly and requires less maintenance than a petrol or diesel car. They are also faster, smoother to drive and produce zero emissions.
However, they do cost more to buy in the first place. This is where salary sacrifice cars come in handy.
With this scheme, you don’t need to pay upfront for your new electric car but you still get a brand new state of the art vehicle.
An electric car can also save you money in the long run. For example, petrol prices are currently very high and this makes electric cars a lot cheaper to drive than usual.
These cars also have low insurance rates which save you even more money.
You can charge the car at home if you install a fast charge point in your garage. Or for free at work, so there’s no need to pay to charge up. You’ll never have to buy petrol again and when you do, it will be much cheaper too as you are buying smaller amounts.
Can I drive long distances in an Electric Car?
The big worry is if you run out of charge; however, electric cars are getting better and better. Or you could get a hybrid car, which is very popular now. Hybrid cars are electric but you can also use petrol or diesel when the charge runs out. Hybrid cars are great for travelling further distances.
Are they better for the environment?
Yes, electric cars are better for the environment. They don’t produce harmful emissions and they are eco-friendly. So you can feel good about doing your bit to reduce air pollution. Plus, with fewer maintenance costs you will save money on your running costs too.
Electric cars are not for everyone but many people are embracing them now. However, they do have some elements that are not eco-friendly. For example, the battery is made of toxic chemicals. Also, the production of electricity from fossil fuels is polluting too.
As more electric cars are produced, this issue will become less of a problem. On the other hand, there are many new electrical power plants being built all over the world that produce large amounts of green energy. So the amount of pollution from electric cars is going down and green energy is going up.
Is it time to get an electric car?
With schemes like salary sacrifice cars available, now is the perfect time to upgrade. You can get an amazing new electric car without the large upfront cost. You will save money on petrol and insurance too so you will be saving lots of money in the long run.
Electric cars are eco-friendly, create less pollution and are better for the environment in general. Plus, you can feel good about doing your bit to reduce air pollution and make your city a greener place.
Thus, the Eco advantages are simple! Get a car that is better for the environment for an affordable price.
Article Submitted By Community Writer