Back To Ozone

EV Funding

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 funding solution.

As an example, the financial benefits of Salary Sacrifice are very strong, and will remain so in the coming years, 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.

For companies that buy their vehicles outright, now may be a good time to fix future costs through a contract hire agreement.

For drivers opting out of the company scheme, is now a good time to introduce a personal leasing scheme that will encourage them into greener vehicles?

An in-depth financial review of the impact of adding electric vehicles into your fleet will vary company by company and it’s important to look broadly at how you fund and operate your entire vehicle fleet and whether long-term savings can be made by not only moving to EVs but reviewing the funding method too.

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

GET IN TOUCH
Call us today on 01536 536 536

Grosvenor’s fleet management and maintenance management support brought a whole new level of expertise to our overall fleet operation

Chris Bentley, Fleet Manager, Salvation Army Trading Company

GET IN TOUCH
Call us today on 01536 536 536

Case Studies

Glenmorangie

Famous Scottish Distillery goes electric with Grosvenor. Situated near Tain, north of Inverness, The Glenmorangie Company is famous for its whiskey, and is an important part of Moët... READ MORE

CASE STUDIES

News & Media

Do not focus on the purchase/P11D price when choosing electric vehicles, advises expert

Businesses deciding whether plug in hybrid and battery electric company cars offer good value for money should not be deterred by their higher purchase price or P11D value. That’s the advice...

More

Agrii’s electric fleet continues to grow

Agrii, which delivers unrivalled expertise and support for sustainable and profitable farming systems in the UK, continues to...

More

Salary Sacrifice schemes for electric cars are soaring in popularity. If you are an employee looking for an electric car, you can save a lot of money if your company has a salary sacrifice scheme in place https://t.co/t5t2A1HZDE #salarysacrifice #ElectricCar #ElectricVehicles https://t.co/Rexk8ukm38