JUST ADD FUEL We ve got the rest covered

Transcription

1 Introduction to your Car Salary Exchange Scheme JUST ADD FUEL We ve got the rest covered Seat Leon 1.0 TSI SE Tech From only 274* per month /CarSalaryExchange /CarSalExchange Tel Web

2 CAR SALARY EXCHANGE SCHEME Taking all the hassle out of acquiring a new car... Toyota CH-R 1.8 Hybrid From only 339* per month

3 ISN T IT TIME TO MOVE UP A GEAR? How Car Salary Exchange will benefit you? Buying a new or used car can be a daunting experience for many people; pressurised selling techniques, not being sure you ve got a good deal, worrying about handing over a large deposit or even things like feeling obligated to buy a car after a test drive. Car Salary Exchange can help to take all this hassle out of acquiring a new vehicle. There are lots of ways to fund a car such as lease or buy outright but once you consider finance package terms, servicing, maintenance, depreciation, road tax and insurance but in most cases, these acquisitions methods will not offer the cheapest solution. Car Salary Exchange allows you to have the use of a brand new car for up to 3-years at a cost substantially less than available through a private lease arrangement without all the hassle. Just check out the other benefits: Corporate Fleet Discounts (i.e. trade as opposed to retail) plus savings in the VAT Corporate finance rates with no deposit or credit check required unlike many retail finance arrangements Car Salary Exchange is more Tax and NI efficient as payments are made via a gross salary reduction Fixed monthly cost - you only need to budget for fuel! HASSLE-FREE MOTORING... The fastest growing employee benefit that allows employees to access a new car HOW DO I GET STARTED? Simply visit: or call

4 CAR SALARY EXCHANGE TAKES CARE OF EVERYTHING YOU NEED TO KEEP MOVING JUST ADD FUEL We ve got the rest covered

5 What s included within the scheme? The scheme is designed so that one simple monthly salary reduction amount takes care of all your motoring costs such as: Source, supply and delivery of your new car to you anywhere in the UK Fully comprehensive insurance including European & business travel Add up to two further drivers (spouse, partner or children) to the insurance Inclusive of road tax, maintenance, servicing & replacement tyres (incl. punctures) European 5-Star Breakdown & Recovery incl. 48hr relief vehicle Service Assist - we collect, service & return vehicles inclusive of full valet Saves time, money & hassle often involved in running a car No credit agreements, finance checks or deposit Windscreen & glass cover (policy excess applies) Benefit from corporate discounts available to CSE using our purchasing power Access to 1,000 s of makes and models of vehicles Redundancy, Critical Illness & Death in Service cover you simply hand the keys back! You only need to budget for fuel! What cars are available on the scheme? The scheme is supported by all major car manufacturers and you can select a new car that suits your individual requirements and budget via the self-service web portal. This scheme offers all eligible employees a brand new, fully insured and maintained car that includes tyre replacement, European breakdown cover and fully comprehensive motor insurance all for a fixed low monthly cost. Furthermore the scheme is environmentally friendly as you will have the opportunity to move away from older vehicles to new efficient ones that not only have lower emissions but also offer much better fuel economy. We hope you find the scheme of interest and that you are able to take advantage of this exciting new benefit! If you would like a copy of our latest special offers or would like to learn more about its benefits and features or even help in choosing a new car within a monthly budget you have in mind, please info@carsalaryexchange.co.uk or call

6 BEST DEALS From just 290 per month Vauxhall Astra 1.0T 12v ecoflex Sharp lines, athletic sculpting and the striking curve of the floating roof the design of the Astra captures the dynamic potential within. Premium interior and distinctive wheels further enhance its overall appeal. All prices shown are net. All examples are based on 36 Months Salary Exchange, 30,000 miles total with all routine servicing, & maintenance repairs included. Road Tax, Replacement Tyres and 5 Star European RAC are also included in the monthly payment.

7 Toyota Aygo 1.0 VVTi X From only 199* per month Citroen C3 1.2 PureTech From only 236* per month Kia Rio dr From only 259* per month Honda Civic 1.0 VTEC SE From only 320* per month Peugeot BlueHDi From only 329* per month Fiat 500X Diesel 1.3 Multijet From only 338* per month Examples also include fully comprehensive insurance based on a 42yr old living in a B92 postal area. The monthly payment shown is the net Monthly amount after considerations have been taken for a 20% Tax Payer, Car Benefit In Kind (BIK) and Tax & National Insurance Savings. Pricing is correct at time of publishing and is subject to changes in LIBOR Interest rates, manufacturer price increases, changes in VAT, individual tax circumstances e.g. higher tax rate, BIK changes and your employers VAT, Corporation Tax and Employer NI status. Pictures are for illustrative purposes only. Terms and conditions apply which can be found online via the CSE quotation platform.

8 MOST POPULAR From just 336 per month Mercedes-Benz A Class A160 SE Athletic from the ground up, the sporty exterior of the A-Class re-defines the modern hatchback. Details are everything, and in the A-Class, every detail builds on the last to create a vehicle with unmistakable presence. All prices shown are net. All examples are based on 36 Months Salary Exchange, 30,000 miles total with all routine servicing, & maintenance repairs included. Road Tax, Replacement Tyres and 5 Star European RAC are also included in the monthly payment.

9 Seat Ibiza 1.0 SE Tech From only 239* per month Mini 1.5 Cooper 3dr From only 299* per month Audi A1 Hatchback SE From only 299* per month Kia Sportage 1.7 CRDi From only 314* per month Nissan Qashqai 1.5 dci From only 340* per month BMW 118i SE 3dr NAV From only 392* per month Examples also include fully comprehensive insurance based on a 42yr old living in a B92 postal area. The monthly payment shown is the net Monthly amount after considerations have been taken for a 20% Tax Payer, Car Benefit In Kind (BIK) and Tax & National Insurance Savings. Pricing is correct at time of publishing and is subject to changes in LIBOR Interest rates, manufacturer price increases, changes in VAT, individual tax circumstances e.g. higher tax rate, BIK changes and your employers VAT, Corporation Tax and Employer NI status. Pictures are for illustrative purposes only. Terms and conditions apply which can be found online via the CSE quotation platform.

10 HYBRID-Sub 75g/km From just 410 per month VW Golf 1.4 TSI GTE 5dr DSG The Golf GTE combines a 1.4-litre turbo petrol with a 100bhp electric motor sandwiched between engine and gearbox, a set-up capable of sending 201bhp and 258lb ft of torque to the front wheels. Top Gear All prices shown are net. All examples are based on 36 Months Salary Exchange, 30,000 miles total with all routine servicing, & maintenance repairs included. Road Tax, Replacement Tyres and 5 Star European RAC are also included in the monthly payment.

11 Toyota Yaris 1.5 Hybrid From only 245* per month Toyota Prius 1.8 VVTi From only 305* per month Audi A3 1.4 TSFi E-Tron From only 519* per month Mercedes-Benz C350e From only 519* per month Mitsubishi Outlander From only 519* per month BMW i3 94ah Range Extender From only 529* per month Examples also include fully comprehensive insurance based on a 42yr old living in a B92 postal area. The monthly payment shown is the net Monthly amount after considerations have been taken for a 20% Tax Payer, Car Benefit In Kind (BIK) and Tax & National Insurance Savings. Pricing is correct at time of publishing and is subject to changes in LIBOR Interest rates, manufacturer price increases, changes in VAT, individual tax circumstances e.g. higher tax rate, BIK changes and your employers VAT, Corporation Tax and Employer NI status. Pictures are for illustrative purposes only. Terms and conditions apply which can be found online via the CSE quotation platform.

12 PREMIUM From just 520 per month Mercedes-Benz E Class E200d SE Taking styling cues from its S-Class counterpart, the E-Class Saloon has an assured on-road presence thanks to bold, dynamic exterior design. All prices shown are net. All examples are based on 36 Months Salary Exchange, 30,000 miles total with all routine servicing, & maintenance repairs included. Road Tax, Replacement Tyres and 5 Star European RAC are also included in the monthly payment.

13 Infiniti Q30 1.5d Business From only 399* per month Audi A4 2.0 TDi Ultra SE From only 462* per month Mercedes-Benz C200 SE From only 469* per month BMW X1 sdrive 18d SE From only 477* per month Jaguar XE 2.0d SE From only 518* per month Land Rover Evoque 2.0 ed4 From only 539* per month Examples also include fully comprehensive insurance based on a 42yr old living in a B92 postal area. The monthly payment shown is the net Monthly amount after considerations have been taken for a 20% Tax Payer, Car Benefit In Kind (BIK) and Tax & National Insurance Savings. Pricing is correct at time of publishing and is subject to changes in LIBOR Interest rates, manufacturer price increases, changes in VAT, individual tax circumstances e.g. higher tax rate, BIK changes and your employers VAT, Corporation Tax and Employer NI status. Pictures are for illustrative purposes only. Terms and conditions apply which can be found online via the CSE quotation platform.

14 SO...HOW DOES IT COMPARE? Just look at the benefits offered by the Car Salary Exchange scheme compared with the alternative methods that are available for acquiring a new car. Car Salary Exchange (CSE) Personal Contract Hire (PCH) Personal Contract Purchase (PCP) Owned Outright Finance Credit Check which may affect your credit rating No Yes Yes No Finance Deposit or Upfront Payment No Yes Yes Yes Documentation or credit approval fee No Yes No No Additional VAT on Monthly payments No Yes No N/a Corporate Dealer & Manufacturer discounts & finance interest rates Yes No No No Tax efficient (i.e. offer Tax and NI Savings) Yes No No No Routine Servicing using franchised dealers included* Yes Additional Additional Additional Incl. all maintenance (e.g. brake pads, brake discs, clutch, batteries etc.)* Yes Additional Additional Additional Maintenance Service Assist - Collect, service & return your car including a valet Yes Additional Additional Additional Courtesy cars when your car is in for routine servicing & repairs* Yes Additional Additional Additional Road Tax included for the whole term Yes Yes Yes Additional Replacement Tyres for normal wear & tear included* Yes Additional Additional Additional Includes replacement tyres following a puncture* Yes Additional Additional Additional Mobile tyre fitting service at the convenience of your work or home* Yes Additional Additional No 5 Star RAC Breakdown Cover incl. European Travel included Yes Additional Additional No Includes fully Comprehensive Insurance for the full period (AVIVA) Yes Not available Not available No Insurance Unlimited Business & European Travel included* Yes Not available Not available Additional 250 Policy Excess (over 25yrs old)* Yes Not available Not available Additional Foreign Travel also included Yes Not available Not available Additional Includes Replacement Windscreen Cover * Yes Not available Not available Additional Vehicle Total Loss Settlement Cover included Yes Not available Not available Additional Accident Management cover including courtesy cars* Yes Not available Not available Additional Risk Cover Redundancy, Terminal Illness and Death in service cover included Yes Additional Additional No Fixed early termination fee in the event you leave employment Yes Additional Additional No Statutory pay cover incl. in the event of maternity, paternity or sick Yes Additional Additional No leave* Excess Mileage and End of Contract Damage waiver* Yes Additional Additional No *Full Terms & conditions available on request Visit or call to find out more

15 SCHEME ELIGIBILITY Audi A3 1.0 TFSi SE 3dr From only 349* per month You will be eligible to participate in the Scheme if you meet the following criteria: you are an employee with a regular pattern of work with a contract that extends for the duration of the contract term under the Scheme you have been a permanent employee for 6 months and successfully completed your probationary period (please check your own company policy) you have an hourly pay rate above the National Living Wage ( NLW ) after all salary exchanges and any other reductions have been made to your notional salary you have had no more than 1 fault accident in the past 3 Years you have no more than two category A motor convictions you are between 18 and 75 years of age (anyone over 75 will need to contact CSE for a quotation) you are not currently subject to any form of disciplinary action, under a performance improvement plan or under consultation neither you nor your employer has served notice to terminate your employment The Scheme is designed to suit most circumstances for you and your family to use, whether you do any business mileage or not for your job you can still apply for a car through the Scheme. ELIGIBILITY CRITERIA MAY VARY DEPENDING ON YOUR EMPLOYERS SCHEME REQUIREMENTS SO PLEASE CHECK

16 10 REASONS TO GET A CAR SALARY EXCHANGE You will make Tax & NI Savings. As the reduction in salary is taken from your gross pay, you will no longer pay tax and NI on the reduction amount. A basic rate tax payer will save 32% (20% Tax and 12% National Insurance) and a higher rate tax payer will save 42% (40% tax and 2% National Insurance). No upfront deposit or credit checks. As the lease agreements is directly with your employer, there are no deposits or credit checks to worry about. It won t even show or effect your credit score and your monthly salary reduction will simply start in the month you take delivery of your new car. Never pay full price of the car. You have access to all makes and models of cars and don t have to worry about walking into a dealership to haggle for the best deal. Our pricing includes corporate manufacturer discounts that we have negotiated as a result of our purchasing power which are all passed on to you. Relax knowing everything is taken care off. There are no surprise monthly maintenance costs because all our cars supplied include full maintenance, replacement tyres (including punctures), European breakdown cover, fully comprehensive insurance including unlimited business & European Travel which leaves you to simply just add fuel! You ll never need to visit the garage for repairs again. When your car requires any servicing or maintenance work you can contact Car Salary Exchange who can arrange for your car to be collected, serviced/maintained and then the vehicle returned to you include of a full valet. Similarly tyres can be replaced at our tyre providers local depot or we can arrange for them to be changed at your office or home. You can offer to family member (e.g. Spouse). If you already are benefiting from a company car or if your partner drives the main household car, you can actually have a car through your employers car salary exchange for them. Quite simply you will make the necessary payments via salary reduction and you will pay the company car tax but for insurance purposes, your partner will be the main driver. Includes cover for Redundancy, Terminal Illness and Death in service. Should the worse happen, the last thing you will need to worry about are any early termination penalties or costs in any of these events you simply hand the keys back and the car is collected. There are no early termination fees to worry about. VAT Benefits. As the car is supplied to your employer on a Contract Hire basis, Car Salary Exchange are able to claim all the VAT back from the purchase price meaning it is no considered when we calculate your monthly salary reduction amounts. Removal of depreciation risk. There are no balloon payments or risk of falling into negative equity at the end. You simply have the option of either replacing your car when the lease expires or purchasing it at market value. Alternatively you can simply hand the keys back and providing you are within the contract mileage and meet the vehicle condition requirements, there are no further costs for you to worry about. Easy online quote & ordering with a dedicated consultant to help you should you get stuck. Our simple online quote and ordering web portal makes ordering a new car easy and hassle-free. The insurance requirements are simple to complete and you have all the cars listed with all their standard features, technical details and optional extra s all detailed. You can carry out as many quotes as you like and pick and choose any options you want adding which subject to approval from HR, we ll order. If you have a fixed budget in mind, no worries! You can simply choose your monthly budget amount and the web portal will short list all the cars that fall within this amount simple! For further details please contact Tel info@carsalaryexchange.co.uk Web