Tesla is probably the most iconic EV you will find on a salary sacrifice scheme, they are the pioneers of electric vehicles and the industry in general. Tesla’s salary sacrifice scheme includes models like the entry-level Model 3 and the more luxurious Model S and Model X.
Check Your Tesla Scheme Eligibility
| Scheme | Provider | Features | Eligibility |
|---|---|---|---|
OUR BEST EV SCHEME FOR 2026  | Octopus EV
| 9.7 | CHECK ELIGIBILITY |
COMPLETE EARLY TERMINATION  | The Electric Car Scheme
| 9.5 | CHECK ELIGIBILITYBOOK FREE REVIEW |
BEST FOR LARGE FLEETS  | Fleet Alliance
| 9.1 | CHECK ELIGIBILITY |
Tesla Salary Sacrifice EVs
Tesla Model 3 Long Range Dual Motor Salary Sacrifice
- Available Since: October 2023
- Battery: 75 kWh
- Range: 310 miles
- Lease Cost: £650 per month
- Top Speed: 125 mph
- 0-62 mph: 4.4 seconds
Tesla Model 3 Salary Sacrifice
- Available Since: October 2023
- Battery: 57.5 kWh
- Range: 260 miles
- Lease Cost: £525 per month
- Top Speed: 125 mph
- 0-62 mph: 6.1 seconds
Tesla Model Y Salary Sacrifice
- Available Since: November 2022
- Battery: 57.5 kWh
- Range: 215 miles
- Lease Cost: £600 per month
- Top Speed: 135 mph
- 0-62 mph: 6.9 seconds
Tesla Model Y Long Range Dual Motor Salary Sacrifice
- Available Since: February 2022
- Battery: 75 kWh
- Range: 270 miles
- Lease Cost: £726 per month
- Top Speed: 135 mph
- 0-62 mph: 5.0 seconds
Tesla Model S Dual Motor Salary Sacrifice
- Available Since: September 2024
- Battery: 95 kWh
- Range: 355 miles
- Lease Cost: £1,125 per month
- Top Speed: 155 mph
- 0-62 mph: 3.2 seconds
Tesla Model Y Long Range Performance Salary Sacrifice
- Available Since: October 2022
- Battery: 75 kWh
- Range: 260 miles
- Lease Cost: £812 per month
- Top Speed: 155 mph
- 0-62 mph: 3.8 seconds
Tesla Model S Plaid Salary Sacrifice
- Available Since: September 2024
- Battery: 95 kWh
- Range: 345 miles
- Lease Cost: £2,179 per month
- Top Speed: 175 mph
- 0-62 mph: 2.3 seconds
Tesla Model 3 Performance Salary Sacrifice
- Available Since: May 2024
- Battery: 75 kWh
- Range: 285 miles
- Lease Cost: £800 per month
- Top Speed: 163 mph
- 0-62 mph: 3.2 seconds
Tesla Model X Dual Motor Salary Sacrifice
- Available Since: September 2024
- Battery: 95 kWh
- Range: 295 miles
- Lease Cost: £1,400 per month
- Top Speed: 155 mph
- 0-62 mph: 3.9 seconds
Tesla Model X Plaid Salary Sacrifice
- Available Since: September 2024
- Battery: 95 kWh
- Range: 280 miles
- Lease Cost: £2,180 per month
- Top Speed: 163 mph
- 0-62 mph: 2.7 seconds
Tesla EV Salary Sacrifice Calculations
| Model | Launch Date | Battery (kWh) | Cost per Mile of Range (£) | Lease (BCH) (£/pcm) | 0-62 mph (sec) | Top Speed (mph) | Range (mi) | Efficiency (Wh/mi) | Rapidcharge (mph) | Price (£) | Monthly Gross Salary Sacrifice (£) | Net Cost (Basic Rate) (£/pcm) | Net Cost (Higher Rate) (£/pcm) | Total Cost Over 3 Years (Basic Rate) (£) | Total Cost Over 3 Years (Higher Rate) (£) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tesla Model 3 Long Range Dual Motor | October 2023 | 75 | 161 | 650 | 4.4 | 125 | 310 | 242 | 480 | 49990 | 650 | 501.5 | 377 | 18054 | 13572 |
| Tesla Model 3 | October 2023 | 57.5 | 154 | 525 | 6.1 | 125 | 260 | 221 | 430 | 39990 | 525 | 404.25 | 304.5 | 14553 | 10962 |
| Tesla Model Y | November 2022 | 57.5 | 209 | 600 | 6.9 | 135 | 215 | 267 | 360 | 44990 | 600 | 462 | 348 | 16632 | 12528 |
| Tesla Model Y Long Range Dual Motor | February 2022 | 75 | 196 | 726 | 5 | 135 | 270 | 278 | 420 | 52990 | 726 | 559.74 | 435.6 | 20150.64 | 15681.6 |
| Tesla Model S Dual Motor | September 2024 | 95 | 239 | 1125 | 3.2 | 155 | 355 | 268 | 490 | 85000 | 1125 | 866.25 | 696.25 | 31185 | 25065 |
| Tesla Model Y Long Range Performance | October 2022 | 75 | 231 | 812 | 3.8 | 155 | 260 | 288 | 400 | 59990 | 812 | 625.24 | 488.84 | 22508.64 | 17638.24 |
| Tesla Model S Plaid | September 2024 | 95 | 290 | 2179 | 2.3 | 175 | 345 | 275 | 480 | 100000 | 2179 | 1677.02 | 1278.02 | 60372.72 | 46008.72 |
| Tesla Model 3 Performance | May 2024 | 75 | 210 | 800 | 3.2 | 163 | 285 | 263 | 440 | 59990 | 800 | 616 | 464 | 22176 | 16704 |
| Tesla Model Y | May 2023 | 57.5 | 209 | 592 | 6.9 | 135 | 215 | 267 | 500 | 44990 | 592 | 455.44 | 342.52 | 16395.84 | 12330.72 |
| Tesla Model X Dual Motor | September 2024 | 95 | 356 | 1400 | 3.9 | 155 | 295 | 322 | 410 | 105000 | 1400 | 1078 | 861 | 38808 | 30996 |
| Tesla Model X Plaid | September 2024 | 95 | 429 | 2180 | 2.7 | 163 | 280 | 339 | 390 | 120000 | 2180 | 1678.4 | 1308 | 60422.4 | 47088 |
The salary sacrifice scheme makes leasing Tesla’s cars a lot more affordable for employees. For example, the net monthly cost of leasing a Tesla Model 3 Long Range Dual Motor reduces from £650 to £501.50 for a basic rate taxpayer and to £377.00 for a higher rate taxpayer.
Similar EV Salary Sacrifice Cars to Tesla
Audi
BMW
Genesis
Jaguar
Lexus
Maserati
Mercedes-Benz
Porsche
Rolls-Royce
Lotus
Polestar
CUPRA
Further Resources
Salary Sacrifice for Beginners
Advice Hub
Leading Salary Sacrifice Schemes
Important information about our salary sacrifice calculations
Please note that the actual lease costs may vary based on your individual circumstances, including your location, and the specific provider you choose. The lease costs presented in this table are calculated based on an average of three leading providers and are intended to give a general indication of potential costs. Actual costs may be higher or lower depending on the terms and conditions of the lease agreement.
The salary sacrifice tax savings shown are estimates and are intended to provide a general idea of potential savings. These savings can vary significantly depending on your personal tax situation, including your tax rate, other benefits, and overall compensation package. It is recommended to consult with a financial advisor or tax professional to understand how salary sacrifice will impact your specific financial situation.
Additionally, the specifications and features of the vehicles listed are based on the latest available information and are subject to change by the manufacturer. For the most accurate and up-to-date details, please refer to the manufacturer’s official website or contact your chosen provider directly.
The information provided in this table is for informational purposes only and should not be considered as financial or legal advice.