Novuna Vehicle Solutions EV Salary Sacrifice Scheme Summary

By John Ellmore

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Here’s a summary of Novuna Vehicle Solutions key features, benefits and drawbacks of their EV Salary Sacrifice Scheme:

Company ExperienceOver 40 years in car leasing solutions
FocusBusiness leasing and EV salary sacrifice schemes
Electric Car Scheme Includes– Brand new electric car
– Home charge point fitting
– No credit check or upfront deposit
– Maintenance and road tax
– Car insurance for up to 3 drivers
EligibilityBusinesses with 1,500 or more employees; post-salary sacrifice pay must not fall below National Living Wage
Digital PortalOnline driver portal with stock offers, cost guidance, lead time estimations, and essential documents
Delivery ServiceFree nationwide delivery through a network of approved dealers
TrainingMandatory four-module pre-delivery EV training
Charging Solutions– Workplace charging installation and management
– Home charging options with smart technology
Contract TypeBusiness Contract Hire (BCH) or Salary Sacrifice Lease
Minimum Term24 months
Early Termination PolicyTermination fees apply; options for payment plans or early termination in financial hardship
Deposit RequiredNone
Customer Support– Helpline: 0344 463 2900 (Mon-Fri, 8:30am-5pm)
– Online chat
– Enquiry form
Pros– Easy EV ordering online
– Good range of customer support options
– Comprehensive EV charging solutions
– Free nationwide delivery
Cons– No personal leasing options
– Salary sacrifice unavailable for smaller businesses (<1,500 employees)
– Early termination fees apply

Novuna Vehicle Solutions EV Scheme

For over 40 years, Novuna Vehicle Solutions has been at the forefront of car leasing solutions. Although they no longer offer personal leasing services, their primary focus is now on business leasing and providing one of the leading EV salary sacrifice schemes available in the UK right now.

Scheme Overview

What the Scheme Includes:

  • A brand-new electric car
  • Home charge point fitting
  • No credit check or upfront deposit
  • Maintenance and road tax
  • Car insurance for up to three drivers

Eligible businesses must have 1,500 or more employees to offer this benefit. The scheme also comes with a robust digital platform, including an online driver portal for simplified vehicle ordering, providing stock offers, cost guidance, lead time estimations, and essential documents.

Eligibility for Novuna Salary Sacrifice

To qualify, a business must employ at least 1,500 people. Additionally, after the salary sacrifice, an employee’s reduced taxable pay must remain above the National Living Wage.

Novuna’s Early Termination Protection

If an employee leaves the company or faces financial challenges, they can return the vehicle early for a fee or arrange a payment plan with their employer.

Comprehensive Charging Solutions

Novuna provides extensive charging solutions:

  • Workplace and Depot Charging: Installation and management of charge points, including specialized solutions for vans, HGVs, and forklifts.
  • Home Charging: Employees can get personal home chargers installed, with the costs potentially included in the lease agreement. This service includes site surveys and installation planning.

Customer Support

Novuna offers multiple customer support options:

  • Helpline: Available Monday to Friday, 8:30 am to 5 pm (0344 463 2900)
  • Online Chat: Initial automated bot with eventual human assistance
  • Enquiry Form: Available on their website for detailed queries

What Novuna Does Well

  • Easy Ordering
    The online driver portal streamlines the process of quoting and ordering vehicles.

  • Customer Support
    A variety of support options are available, ensuring assistance is accessible.

  • EV Charging Solutions
    Comprehensive solutions for both home and workplace charging needs.

  • Nationwide Delivery
    Free delivery service through a network of approved dealers.

Areas for Improvement

  • No Personal Leasing
    Novuna does not offer personal leasing options.

  • Eligibility Restrictions
    The salary sacrifice scheme is limited to businesses with 1,500 or more employees.

  • Termination Fees
    Early termination fees apply, adding potential costs for employees.

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