By going green, companies and drivers can make significant savings, however it is essential to conduct a careful and thorough financial analysis of the best solution.
As an example, from April 2020 we entered into a potentially unique bubble of time which looks set to span the next 5 years or so.
During this time the financial benefits of Salary Sacrifice are strong thanks to the Government’s hugely attractive benefit in kind (BIK) rates on ultra-low emission and electric vehicles. Effectively, anything under 50gsm/km CO2.
The final solution, however, will vary company by company which is why it’s important to look beyond which cars to offer drivers and look more broadly at how you fund and operate your entire vehicle fleet.
As part of our financial review, our 0Zone experts will be looking at key areas including:
- A financial review of your current fleet
- Consideration of contract hire, ownership, salary sacrifice, cash in lieu/personal contract hire
- Whole life costs to establish the real financial impact of ULEVs and EVs
- An analysis from both the company and the driver’s perspective