[gnfargbl]

This only works for business leases. The employee sacrifices part of their salary in return for being provided a lease car, and both the employee and employer save tax on that money (up to 45% employee, ~15% employer).

For an ICE car the government claws this money back through hefty "Benefit In Kind" taxes placed on employer-provided vehicles, but as an incentive to drive adoption the rates on EVs are only 3% of the car's nominal purchase price (and you only actually pay up to 45% of that 3%).

It doesn't work out "free," but it's typically as cheap to lease a new EV through this scheme as it is to pay the depreciation on a used ICE.

[pkaodev]

Not sure what schemes are that good (would be interested to see). My company has one, but I ended up buying a used ICE because it worked out to cost about the same as leasing the equivalent EV model of that car. But that might have been the case for the specific car I was looking at (small Volvo SUV).

[martinald]

check out https://www.leaseloco.com/ (there's other sites - I am assuming you are in the UK), they have a lot of deals on. If you want a really good deal then I don't think you want to look for a specific car, you want instead to see what deals are going on and choose between them. It _seems_ that from time to time the manufacturers do a bit of a firesale via leases.

[subscribed]

Yeah, my company has similar scheme and it's terrible, both EVs and ICE.

[gnfargbl]

Unfortunately, if your employer uses a "scheme" then the middleman creams off the 15% that the employer would save, then jacks up prices well beyond the market because they have a captive audience.

If the employer leases the car themselves and provides it to you as a benefit, it can be good value -- but then someone has to own the risk of you changing jobs.