- Our Best Salary Sacrifice Scheme 2026
- The whole package: charger, tariff, maintenance, insurance
- Exclusive EV Home Energy Tariff
Here’s a summary of the Pink Salary Exchange’s key features, benefits and drawbacks of their EV salary sacrifice scheme:
| Setup Process | |
| Step 1: Apply Online | Fill out a quick application form with company details to start the setup process. |
| Step 2: Get Validated | Receive login details for the secure website within 1 hour. |
| Step 3: You’re Approved! | Fully managed, live scheme operational within 8 working hours. |
| Online Portal | |
| Portal Features | Personalised portal for managing schemes, viewing emissions, and accidents, inviting employees, and accessing key documents. |
| Employee Access | Employees can browse, compare, and order vehicles through the portal. |
| Key Advantages | |
| Range of Vehicles | Access to a wide selection of EV and hybrid vehicles at discounted rates. |
| Tax and NI Savings | No upfront payment is necessary. |
| No Deposit Required | No deposit needed at the start. |
| 24/7 Driver Support | Call any time you need to reach them. |
| Included Services | Roadside recovery, maintenance, insurance, servicing, tyres, and accident management included |
| No Credit Check | No credit check required for employees to join the scheme. |
| About Pink Salary Exchange | |
| Company Background | Salary sacrifice arm of Pink Car Leasing, supplying over 5,000 new cars annually. |
| Flexibility | Contracts ranging from 6 to 48 months, new and used car options, including EV and hybrid models. |
| Competitive Rates | It uses a select panel of funders to guarantee competitive rates, saving up to 25% compared to other schemes. |
| Eligibility | |
| Business Size | Open to businesses of any size, including small businesses and sole traders. |
| Pros | |
| Quick Implementation | Setup within 8 working hours. |
| Early Termination Protection | Allows employees to end the lease without penalties if they leave their jobs. |
| Flexible Contracts | Contract lengths from 6 to 48 months. |
| Comprehensive Coverage | Includes maintenance, insurance, and road tax. |
| Digital-First Approach | Fully digital setup and management process. |
| Cons | |
| Digital Dependence | Requires comfort with digital tools and online systems. |
| No Purchase Option | There is no option to purchase the car at the end of the lease agreement. |
| Review Highlights | |
| Early Termination Protection | No upfront payment is needed, making the scheme accessible to more employees. |
| No Deposit Requirement | No upfront payment needed, making the scheme accessible to more employees. |
| Rapid Implementation | The scheme can be set up and running in less than 8 hours. |
| Customer Support | Multiple support options available (email, phone, online form). |
| Flexible Contracts | Offers short-term (6 months) to long-term (48 months) contracts. |
| Digital Management | User-friendly portal for easy management and access to important documents and tools. |
Pink Salary Exchange EV Scheme
Easy Setup Process
Pink Salary Exchange offers a streamlined process for setting up a salary sacrifice scheme, making it incredibly accessible for businesses of all sizes. Here’s a breakdown of the setup steps:
Step 1: Apply Now Start by filling out a quick application form that captures essential details about your company, including its name, contact information, number of employees, and registration number. This step kicks off the creation of your own business’s salary sacrifice management system.
Step 2: Get Validated Within an hour of applying, you’ll receive login credentials for Pink Salary Exchange’s secure website. So you can quickly access your exclusive salary sacrifice portal.
Step 3: You’re Approved! In just 8 working hours (that’s VERY quick for salary sacrifice), your fully managed, live salary sacrifice car scheme will be up and running. Throughout the process, Pink Salary Exchange offers support via phone if you need some help.
Comprehensive Online Portal
The online portal provided by Pink Salary Exchange lets you manage key aspects of the scheme at any time. Key functionalities include:
- Instant Information: Access details on emissions, accidents, and more.
- Employee Management: Invite employees individually or in groups and generate basic reports.
- Document Access: Easily find and manage key documents such as scheme rules, policies, employee agreements, and HMRC-compliant terms.
Once the portal setup is complete, employers can invite employees to log in, browse, and order cars (with employers having the final authorisation – so Barry from accounts is not going to get away with ordering a Cybertruck!)
Key Advantages
- Diverse Vehicle Selection: Employees have access to a wide range of electric and hybrid vehicles at discounted rates.
- Tax and NI Savings: Significant savings on tax and national insurance as deductions are made from gross pay.
- No Deposit Required: Employees can participate without needing to make an upfront payment.
- 24/7 Driver Support: Comprehensive support services ensure drivers have peace of mind.
- Inclusive Services: Roadside recovery, maintenance, insurance, servicing, tyres, and accident management are all included.
- No Credit Check: Employees can join the scheme without undergoing a credit check.
About Pink Salary Exchange
Pink Salary Exchange, the salary sacrifice arm of Pink Car Leasing, provides a comprehensive and fully managed solution. With a history of delivering over 5,000 new cars annually, Pink Car Leasing is a prominent name in the UK car leasing market.
The scheme offers flexible contract lengths from 6 to 48 months, and includes options for both new and used vehicles, particularly the latest electric and hybrid models.
Eligibility
It is open to businesses of virtually any size, including small businesses and sole traders who are often excluded from similar programs.
Pros and Cons
Pros:
- Rapid Implementation: The scheme can be fully operational within 8 working hours.
- Early Termination Protection: Employees can end their lease without penalties if they leave their job.
- Flexible Contract Options: Contract lengths range from 6 to 48 months, catering to various needs.
- Comprehensive Coverage: Maintenance, insurance, and road tax are included.
- Digital Convenience: The setup and management processes are fully digital, enhancing user experience.
Cons:
- Digital Dependency: The scheme requires users to be comfortable with digital tools and online management systems.
- No Purchase Option: Employees do not have the option to purchase the car at the end of the lease.
Review Summary
Early Termination Protection: This feature offers significant flexibility, allowing employees to return their vehicles without a termination fee if they leave their job.
No Deposit Requirement: By eliminating the need for an upfront payment, Pink Salary Exchange makes the scheme accessible to more employees.
Comprehensive Package: All essential services, including maintenance and insurance, are bundled into the lease price, simplifying the process for participants.
Rapid Implementation: The scheme can be set up and running in less than 8 hours, demonstrating the efficiency and responsiveness of Pink Salary Exchange.
Flexible Contracts and Digital Management: The range of contract lengths and the user-friendly online portal make managing the scheme straightforward for both employers and employees.
Final Verdict
With its quick setup time, early termination protection, and fully managed digital platform, it is a scheme worth considering for businesses of all sizes. But be aware it’s a digital-only scheme and there is no purchase option at the lease’s end.