The best plug-in hybrid electric vehicles to lease through salary sacrifice
A new trend is emerging in the UK car market: plug-in hybrid electric vehicles (PHEVs) are quickly becoming a new favourite. They blend combustion driving with an increasingly competitive all-electric range, making them a versatile and economical alternative to the top electric cars.
Securing a PHEV is made easier and more affordable through salary sacrifice, which comes with unique benefits. To help you understand this process in more detail, we’ve explored some best PHEV cars to lease through salary sacrifice with Synergy.
Benefits of PHEV leasing through salary sacrifice
Leasing a PHEV through salary sacrifice is a great way to source a reliable brand-new hybrid. Here are some of the key benefits.
Financial benefits
Because salary sacrifice car leasing reduces an employee’s taxable income, there are significant tax savings to be made. Choosing a low-emission PHEV can also help employees save money on rising fuel and running costs without making the switch to an EV. PHEV leasing offers a fixed-cost monthly rental, which can include things like road tax and maintenance.
Environmental impact
By introducing a salary sacrifice scheme, businesses can instantly boost their sustainability credentials and encourage employees to switch to some of the best PHEV cars. This helps companies reduce their environmental impact and help them meet stricter sustainability goals.
Convenience and perks
Synergy’s salary sacrifice scheme is managed through our dedicated online portal, making it a hassle-free employee benefit. Businesses can reduce their administration costs with this whilst providing staff with a convenient way to save money on a new PHEV vehicle.
Key considerations when leasing a PHEV through salary sacrifice
Before choosing your plug-in hybrid through salary sacrifice, it’s a good idea to understand why the scheme exists, how it works and your responsibility as part of the contract. Some considerations to make include:
- The overall cost depends on an individual’s salary and tax rate, making each salary sacrifice lease cost subjective
- Benefit-in-kind tax (BIK) is payable as the vehicle will be classed as a company car. This will vary between each PHEV model, so you’ll need to check before proceeding
- Your employer must first opt into the scheme, and they usually set specific requirements to dictate who is eligible
Synergy will disclose all costings and other relevant information before proceeding to help you make an informed decision. This will make sure it benefits you as an employee. We’re also one of the few salary sacrifice providers that offer PHEV options as well as all-electric models.
Best PHEV cars to lease through salary sacrifice
Synergy is here to offer a range of the best PHEV cars to lease through salary sacrifice. Take a look below to see what options you’ll have once your business signs up.
Cupra Formentor
The Cupra Formentor is a dynamic SUV praised for its distinctive design and efficiency. Two plug-in hybrid variants, producing either 204bhp or 245bhp, are available. The more powerful unit promises an all-electric range of up to 34 miles.
Its premium interior feels sportier compared to rivals. You get a digital cockpit, with a configurable dashboard, wireless phone charging and a voice control system.
Ford Kuga
The Ford Kuga established itself as an affordable and capable SUV that doesn’t compromise on enjoyable driving characteristics. The plug-in hybrid variant couples an electric motor with a 2.5-litre petrol engine, achieving an all-electric range of up to 42 miles.
Ford first introduced the Kuga in 2008 and has developed it into an efficient PHEV. Expect a 13-inch touchscreen infotainment system with emergency assistance, a hands-free power tailgate, and a 360-degree parking camera.
Volkswagen Passat
The new Volkswagen Passat is now in its ninth generation. It benefits from a complete redesign, class-leading technology and a plug-in hybrid variant. This PHEV uses a 1.5-litre petrol engine coupled with an electric battery, producing only 9g/km of CO2 and a competitive electric range of up to 80 miles.
Only available as an estate, the VW Passat offers company car drivers great practicality from a brand they’ll know and love.
Hyundai Tucson
The Hyundai Tucson balances practicality and style with impressive value for money. It comes with a 1.6-litre petrol engine, and the plug-in hybrid variant couples this with an electric motor. This allows you to travel up to 35 miles on electric power alone.
Step inside and you’ll find a thoughtfully designed modern interior. It maximises space whilst offering comfort features like ambient lighting with 64 colours, dual-zone climate control and Apple CarPlay/Android Auto.
Peugeot 308
The Peugeot 308 is a stylish hatchback and a refreshing alternative to compact SUVs. It benefits from a striking exterior design and an efficient plug-in hybrid powertrain, which has an all-electric range of 40 miles. If you need more space, you can also consider the larger 308 sportswagon.
Choose the 308 PHEV and you’ll get plenty of standard equipment. This includes everything from Peugeot’s i-Cockpit with 3D heads-up display and wireless Apple CarPlay/Android Auto to voice recognition.
Volkswagen Touareg
The Volkswagen Touareg is VW’s largest SUV, promising flawless design and luxurious features. It’s commanding driving position and premium interior make it a flagship model. You can now secure a Touareg with a plug-in hybrid powertrain, producing 462bhp and a all-electric range of 31 miles.
Toyota C-HR
The second-generation Toyota C-HR has taken things to the next level. It showcases sharper styling, more customisation options and an all-new plug-in hybrid powertrain. This PHEV uses a 2.0-litre petrol engine coupled with a larger electric battery, providing an estimated 41-mile electric range.
Inside the C-HR is modern and driver-focussed. It features some of the latest tech features Toyota has to offer, including an intelligent adaptive cruise control, emergency driving stop system and Toyota’s Smart Connect multimedia system with an 8-inch touchscreen.
Volkswagen Tiguan
The third-generation VW Tiguan hopes to build on the popularity of its predecessor by introducing a plug-in hybrid model. It comes with two power options, 204bhp and 272bhp. Both have a claimed electric range of up to 62 miles, allowing them to benefit from a low benefit-in-kind tax rate.
This premium SUV benefits from a complete redesign, which offers a smart interior with high-tech features like a multifunction front-facing camera and a start/stop system with regenerative braking.
How Synergy can support you with salary sacrifice PHEV leasing
Synergy can help employers set up a tailored salary sacrifice scheme that makes PHEV leasing hassle-free. If you’re a business and haven’t explored your salary sacrifice options yet, we’d suggest speaking to our dedicated team. They’ll give you the freedom to choose a scheme that works for both your company and its employees.
To find out more, get in touch with us today.
“The best plug-in hybrid electric vehicles to lease through salary sacrifice” should be used as a guide only and is subject to change. Images are for illustration purposes only. Eligibility criteria, terms & conditions apply. You will not own the vehicle. Vehicles are subject to availability.
