Electric Vehicles Cheaper to Run Than 5-Year-Old Diesel Cars Thanks to Salary Sacrifice Schemes, Say Electric Car Specialists

The demand for electric vehicles is growing exponentially across the nation. Many manufacturers are claiming that the rising battery costs are pricing people out of the eco-friendly switch. In fact, running an electric car is still much cheaper to run than a 5-year-old diesel car! Well, according to electric car and salary sacrifice scheme specialists, Fleet Evolution. In this piece, we go into why electric cars are cheaper than diesel cars.

So, Why Are Electric Cars Cheaper than Diesel?

Despite rising battery prices, the electric vehicle market is already showing clear indications that prices are soon to drop. As more affordable brands enter the market, new battery innovations drive down costs. Thanks to companies like Fleet Evolution, there are many alternative financing solutions for those looking to switch to electric, which is mainly through salary sacrifice schemes.

Salary Sacrifice Schemes

With Fleet Evolution’s salary sacrifice scheme, employees can exchange a portion of their salary for a fully maintained electric car. Therefore, participants of the scheme benefit from having a company vehicle at a fraction of the price, with all additional costs (excluding charging) covered.

By leasing an electric car through a salary sacrifice scheme, customers enjoy significant savings compared to the cost of running a 5-year-old diesel car. With savings coming from tax, National Insurance, maintenance and charging, electric car drivers can see a reduction of 30% of the costs they’re used to paying.

Andrew Leech, Founder and Managing Director of Fleet Evolution, says “Although there’s a lot in the news about the cost of electric cars, people often forget about the considerable savings that can be made when you switch to electric—especially through one of the salary sacrifices schemes that we offer at Fleet Evolution. Your car is fully maintained, so the only cost you have to consider is charging costs, which will be around £5 when charging your car overnight.”

With Fleet Evolution’s salary sacrifice schemes, employers and employees both benefit from reducing their carbon footprint and saving on the money that it typically costs to run a car. Interested in economic and environmental motoring? Get the guide below!

[]
1 Step 1
Electric Revolution Guide

This guide has a range of quotes from electric vehicles of all shapes and sizes, with a diesel vs electric comparison too! Enter your details below and we will send you the Electric Revolution Guide via email.

By choosing "Submit", you consent to receive follow-up from Fleet Evolution; you can opt-out at any time.

keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right

Tags : , , , , , ,