Salary sacrifice car schemes are one of the most attractive workplace benefits out there. Boasting tax savings, easy access to EVs, and a hassle-free all-inclusive package*, salary sacrifice makes driving simple.
Plus, if your employer offers used cars via their scheme, you can further reduce your costs or make your budget stretch to a higher spec car.
You get the same Zenith experience and all-inclusive package* as you do with a brand-new car, but with added perks like lower monthly costs and shorter lead times.
Benefits of choosing a used salary sacrifice car
Opting for a used car through salary sacrifice will suit you if you’re looking for:
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- Better value for money – choosing a used car means you can either get the same spec car for less or your budget could stretch to an older but higher-spec model.
- Better vehicle availability – used vehicles are already built and on the market, which reduces waiting times, with Zenith’s used scheme offering delivery in as little as two weeks.
- No deposits or upfront costs – the cost is completely covered via the sacrificed amount from your salary, so there’s no need to save up for a large deposit or downpayment. This is particularly beneficial if you want to drive an EV, as these tend to have higher upfront costs through traditional car financing options.
- An all-inclusive package* – wave goodbye to juggling multiple bills, our all-inclusive package includes fully comprehensive insurance, road tax, maintenance, servicing, and more.
- Flexible contracts – used salary sacrifice schemes tend to have shorter term lengths, meaning they’re less of a financial commitment and you have the option to change your car more often.
- Sustainability benefits – driving a used car not only cuts costs, but emissions too. By extending the car’s lifespan, you’ll help to reduce the number of manufacturer-related emissions. Plus, if you opt for a used EV, you’ll benefit from lower BiK rates and fuel costs.
What is Used Salary Sacrifice? | Salary Sacrifice Explained
Watch our 2-minute video to learn more about used car salary sacrifice, the benefits and how it all works.
A reliable car
All of Zenith’s used cars are vehicles that have been returned to us from our own fleet, so we know the exact history. For even more peace of mind, the cars go through a rigorous quality assurance and are covered by our Used Car Promise.
What to check before choosing a used vehicle
There are a few factors to bear in mind to make sure a used car suits your needs:
Tax and Benefit-in-Kind for used car salary sacrifice
The cost of a salary sacrifice car scheme is taken from your pre-tax salary, meaning you’ll save on Income Tax and National Insurance contributions.
As salary sacrifice schemes are classed as an employer benefit, you’ll pay Benefit-in-Kind (BiK) tax – however, even with this, salary sacrifice schemes are still often the most tax-effective way to drive.
More on BiK taxElectric driving guides
Understanding EV tax
EVs offer more financial benefits and cost savings than petrol and diesel cars, including lower tax rates and congestion charges. Read our guide to find out more about electric vehicle tax.
Why used salary sacrifice could work for you
A used salary sacrifice car with Zenith is ideal for drivers who want:
So, if you’re working to a budget, want to switch to an EV, or want faster delivery times, a used car salary sacrifice scheme could be the perfect match.
*Salary sacrifice pricing includes all maintenance and servicing, road tax, insurance, breakdown and recovery, tyres, glass and accident management. It excludes the cost of manufacturer subscriptions, the end-of-contract collection fee and any increases to road tax (increases will be subject to VAT). You will not own the car. T&Cs and exclusions apply, check your employer’s scheme policy for details. Subject to eligibility. Benefit in Kind (BiK) tax payable. Savings dependent on tax band.