Fleet News

Fleet Hire adds new features to salary sacrifice car scheme

Fleet Hire, has added new features and functionality to its second generation salary sacrifice car scheme to improve usability.

Employees can now save an unlimited number of vehicle quotes to their ‘garage’ tab, and then compare and contrast four of them side-by-side in one view.

More than 4,000 separate models are available on the system and quotations are provided for basic rate, higher rate and additional rate taxpayers. Each quote shows the car’s engine size, its CO2 emissions, fuel consumption and all standard equipment, as well as revealing the gross and net costs to the employee, along with savings in income tax and National Insurance and the Benefit-in-Kind tax payable.

Users can also further refine their vehicle choice by using an advance search feature which allows them to specify body style, fuel type, number of doors, transmission, CO2 emissions, mpg and number of seats. 

A new ‘Top 10 hottest cars’ feature also shows users the most popular cars on the Car Salary Exchange system in terms of user quotes and orders generated.

The current Top 10 hottest cars on the scheme are:

BMW 1 Series
Audi A1
Nissan Qashqai
Ford Focus
Land Rover Evoque
Toyota Aygo
Nissan Juke
Ford Fiesta
Mercedes-Benz A-Class
Mini One

The scheme also includes a frequently asked questions section which provides users with full details of how the scheme works, including eligibility, insurance, maintenance, paid and unpaid leave, end of contract damage, leaving the scheme and returning the vehicle.

As not all employees will refer to this but will be more interested in choosing their new car, there is an abbreviated list of key facts which ensures employees are fully informed of their financial obligations before entering the scheme.

The scheme also includes a new national living wage calculator for employees to check that the car they are considering is not going to take them below the national living wage threshold.  If their chosen car does take them below the threshold, the platform allows them to remove items of specification to bring the vehicle quote back within permissible boundaries.

Zaf Iqbal, head of Car Salary Exchange at Fleet Hire, said: “We wanted to make our second generation salary sacrifice car scheme more user-friendly and easier to navigate, so that you didn’t need to be a car buff or an IT or tax specialist to use it.

“So, we have made the new platform easier to use, more informative, with more features and functionality for users and without any of the standard industry jargon. We’ve also added a new, fresher look and feel so that users find the experience as simple and clear-cut as possible.

“Within five or six clicks it is now possible for an employee to order a new car and for their employer to authorise that order. It really couldn’t be any easier or more straightforward,” he said.  



Click here for fleet funding best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Comment as guest


Login  /  Register

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee