What are the benefits of Salary Sacrifice?

Benefits of salary sacrifice car schemes for employers

  • A great way to offer cars as a flexible benefit, increasing employee motivation and retention
  • Easy and quick implementation programme
  • Unlike many salary sacrifice companies, we will not charge you for setting up the scheme - regardless of your company’s size
  • Positive impact upon the environment as employees are encouraged to move away from older cars into newer and more technologically advanced vehicles
  • Salary sacrifice for cars helps towards meeting duty of care obligations for grey fleet drivers by providing the employee with a new fully maintained vehicle
  • Minimum administration needed from employers
  • Assistance with scheme launch and ongoing communications

Benefits of salary sacrifice car schemes for employees:

  • Convenient inclusive monthly fee takes the hassle out of car ownership
  • Easy online quotation and driver support centre
  • No driver credit check needed - No large up front payment needed
  • 24 hour driver helpline
  • Ability to choose from a wide selection of a ‘greener' lower CO2 emitting vehicles to reduce costs further

The scheme is all inclusive and covers:

  • Monthly lease costs of the vehicle
  • Maintenance – meaning no unexpected lump-sum costs
  • Tyre replacement
  • Breakdown cover with roadside assistance
  • Accident management
  • Road fund licence
  • Fully comprehensive insurance with unlimited claims cover

Although we find salary sacrifice car schemes work best for companies with 500 employees or more, Pendragon Vehicle Management will be happy to explore opportunities from smaller organisations.

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