This is an interesting question: can you get the Tesla Cybertruck on a salary sacrifice scheme from Fleet Alliance?

Current answer is, alas, no.

But that didn’t stop Fleet Alliance addressing the issue at the Tesla Centre Glasgow where the dramatically shaped pickup truck was on display at the beginning of June as part of a tour of the UK.

The Cybertruck is the latest product from Elon Musk’s Tesla empire, but is currently only on sale in America where it is manufactured in Austin, Texas.

Two things are notable about the Cybertruck. The first is its odd, angular design. Boxy and dull from the rear, but glance down the rear three quarters view and you have an exhilarating, futuristic design.

The second is you can’t dent it. All Cybertrucks come in the bare finish of the ultra-hard 30X cold-rolled stainless steel. Which perhaps explains the slabbiness of the ‘planar’ design – or the cyber punk look, depending on how you view it! But kick it – and there’s no deformation of the panels.

However, that tough structure could be one of the reasons the Tesla Cybertruck won’t be coming to the UK anytime soon. At least in its current format. Because it will need to have a deformable structure at the front to absorb energy in the event of a crash – exactly what the Euro NCAP tests are designed to reveal. Not to mention modifications to meet Vulnerable Road User Protection should the vehicle strike a pedestrian.

 

Tesla Cybertruck on show
Tesla Cybertruck on show in Glasgow

So we’ll wait and see if Tesla makes the necessary changes to meet European road requirements.

In the meantime, though, even if you might not be able to get the Cybertruck on salary sacrifice, there are plenty of other Tesla models that are available. In fact, the Tesla Model 3 is the most popular EV model that Fleet Alliance customers order, while in second place is the Model Y followed by the MG4.

More than that, the Tesla Model 3 is the most ordered vehicle from customers overall at Fleet Alliance.

This was something that Fleet Alliance’s Grant Boardman, Marc Murphy, Darren Stevens and Stewart Watson were keen to convey to an audience that comprised Tesla HQ staff along with Glasgow-based Lex Autolease Regional Managers with whom Fleet Alliance has a long-standing relationship, in a presentation about the fleet management services the company provides.

Fleet Alliance’s Grant Boardman, Marc Murphy, Darren Stevens and Stewart Watson with Tesla HQ staff and LEX Autolease Regional Managers

These range from the cost saving competitive tendering process that ensures the best available rental on the day is secured from a panel of funders, to flexi hire rentals that support vehicle and driver uptime.

But most interest centred around EV salary sacrifice, one of the great sustainable employee benefits for staff that addresses the issues of staff recruitment and retention.

Grant explained how salary sacrifice tax breaks can offer a more cost effective rental by spending gross salary before tax on an electric car, than choosing a personal lease with net salary post tax and National Insurance.

“The difference between leasing a Tesla Model 3 yourself and acquiring it through salary sacrifice is £382,” Grant explained. “Over the three year term of the contract that amounts to £13,762. Think how you would like to spend that money you have saved!”

He added that all insurance and maintenance costs were included in the salary sacrifice rental and there was no requirement for a three or six month rental in advance. “There’s also no impact on your personal credit line, so the benefit is really quite substantial,” he added.

So while the Tesla Cybertruck remains off sale in the UK, staff at Tesla’s Glasgow HQ can enjoy the benefits – environmental and financial –  of driving the ultra popular Model 3 and Model Y  through salary sacrifice. And dreaming of what they might do with the money saved by going down the salary sacrifice route.

 

Would the Tesla Cybertruck work on salary sacrifice?

This is an interesting question: can you get the Tesla Cybertruck on a salary sacrifice scheme from Fleet Alliance? Current answer is, alas, no. But that didn’t stop Fleet Alliance addressing the issue at the Tesla Centre Glasgow where the dramatically shaped pickup truck was on display at the beginning of June as part of … Continued

Unity Schools Partnership appoints Fleet Alliance to deliver salary sacrifice electric car scheme

The Unity Schools Partnership, a multi-academy trust with charitable status across three counties, has appointed fleet management and leasing specialist, Fleet Alliance, to offer salary sacrifice electric cars to qualifying members of staff. Formed in 2010, some 35 educational establishments – academies and secondary, primary and special schools – now come under the auspices of … Continued

Digging in to help cancer charity

Gardens can bring tranquillity and peace, a place to escape life’s frantic pace, somewhere to find mental quietude. It’s certainly one of the themes of this week’s RHS Chelsea Flower Show, the most important flower show in the gardener’s calendar. But gardens don’t have to be showpieces – magnificent though some of those competition spaces … Continued

Six secrets of salary sacrifice

Here’s our insider guide to the secrets of salary sacrifice – one of the great employee benefits. But not everyone knows about it. Salary sacrifice is where you give up some of your salary for a brand new electric car. Think of it as the  Cycle to Work scheme but on an epic scale. So … Continued

Revealing the secret sauce of car salary sacrifice

A list of key ingredients makes everyone’s money go further through a tempting car salary sacrifice scheme. With a salary sacrifice scheme on the menu, employees can have more by getting paid less. But instead of salary being swallowed up by taxes and National Insurance, employees sacrifice some of their earnings to pay for a … Continued

Jonathan Nolan wins Best AR Award in the Broker News Awards 2024

Fleet Alliance Appointed Representative, Jonathan Nolan, has been named the Best Appointed Representative (AR) at the Broker News Awards 2024. Held at London’s Orrery restaurant on 25 April, the awards celebrate excellence in the leasing broker sector. The judges said: “Jonathan’s enthusiasm for his role and the industry that he works in really shines through … Continued

Which is better – cash allowance or salary sacrifice?

The choice between a car allowance and salary sacrifice comes down to a balance of flexibility and value. A cash allowance provides flexibility but offers less value. Salary sacrifice has a more restricted range of choices, but offers the best value, particularly when sourcing a new car. Here’s why.   The hidden costs of a … Continued

The pros and cons of car salary sacrifice

Demand for car salary sacrifice is growing as an increasing number of companies offer the benefit to their employees. According to data from the British Vehicle Rental and Leasing Association, the salary sacrifice car fleet has risen 68% in a year to nearly 62,000 cars. Many companies have launched salary sacrifice in addition to their … Continued

How does benefit-in-kind affect electric cars?

If you have a company car that is available for private use, including commuting, then it becomes liable for company car tax as a so-called ‘benefit-in-kind’. How much you pay for this benefit is based on the car’s carbon dioxide emissions, so that drivers of the lowest polluting cars pay least tax. With more than … Continued

How does salary sacrifice work for a car?

Salary sacrifice for a car is exactly the same as any other employee benefit. You exchange some of your salary for a benefit: gym membership; daycare nursery vouchers;  technology equipment; and so on. You could buy any of these items with your take home salary, of course. But the advantage of salary sacrifice is that … Continued