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Tusker deals

77K views 103 replies 32 participants last post by  Ski Tron  
#1 ·
Hi folks - i've been trawling through our firms salary sacrifice scheme that's done by Tusker and i was wondering if anybody has found any good deals recently? I know there have been great deals in the past for things like e-trons and model 3s but i haven't found anything that looks like a great deal (yet!)

I'm looking to either replace both our cars with one, which would need to be suitable for 3 kids and 2 dogs and have towbar and roofbar/rail option or replacing our second car which could be a smaller (but still 5 seat) model. No off street parking so will be reliant on public/workplace charging to good range is required :)

Any thoughts gratefully received!
 
#2 ·
Hi folks - i've been trawling through our firms salary sacrifice scheme that's done by Tusker and i was wondering if anybody has found any good deals recently? I know there have been great deals in the past for things like e-trons and model 3s but i haven't found anything that looks like a great deal (yet!)

I'm looking to either replace both our cars with one, which would need to be suitable for 3 kids and 2 dogs and have towbar and roofbar/rail option or replacing our second car which could be a smaller (but still 5 seat) model. No off street parking so will be reliant on public/workplace charging to good range is required :)

Any thoughts gratefully received!
Sorry this doesn't answer your question....Tusker do our work scheme as well. It is worth comparing their deals to general (non SS) deals as Tusker can be really expensive. An example is an MG HS PHEV - £580 on Tusker but £420 (+ maintenance) at MG (I'm interested in one hence the info!).

Bear in mind that SS has an impact on your pension as well so factor that in.

I'm sure there are lots of good deals as well.

Matt
 
#3 ·
Cheers Matt - that seems pricey for the HS, showing as 384 for me (net) for 4 years/7500 miles.

The best I can find that would be a good option is the MG5 which is tempting at 265 for 4 years/7500 and the other decent deal (I think) is an ix3 for 469 on same terms but I think that might be a bit much for me, even if I do get rid of our two (expensive to run!) ICE cars.

I guess I maybe had unrealistic hopes of a proper EV bargain like the 300 quid etrons etc 😁
 
#4 ·
I'm looking to either replace both our cars with one, which would need to be suitable for 3 kids and 2 dogs and have towbar and roofbar/rail option or replacing our second car which could be a smaller (but still 5 seat) model. No off street parking so will be reliant on public/workplace charging to good range is required :)
Sounds like an ID.4 could fit the bill if that's on offer - we test drove one, and now we're trying to work out how to afford it!
 
#6 ·
Hi folks - i've been trawling through our firms salary sacrifice scheme that's done by Tusker and i was wondering if anybody has found any good deals recently? I know there have been great deals in the past for things like e-trons and model 3s but i haven't found anything that looks like a great deal (yet!)

I'm looking to either replace both our cars with one, which would need to be suitable for 3 kids and 2 dogs and have towbar and roofbar/rail option or replacing our second car which could be a smaller (but still 5 seat) model. No off street parking so will be reliant on public/workplace charging to good range is required :)

Any thoughts gratefully received!
I got my eNiro 2 from Tusker on a salary sacrifice for under £300 net per month, but that may not meet your needs for size or range.
 
#7 ·
Tusker worked out really expensive for us, despite my husband (who is the employee) being basically identical to the example leaser on the landing page. We found that the figures given on the front page were roughly half of what the quotes ended up being. Such a shame because, on paper, it should be the best way of leasing an ev. We feel like they must be reverse engineering the prices to pocket most of the tax perk for themselves. Maybe I am wrong. Would be interesting to see if any good deals come up.
 
#12 ·
err am i missing something...
Tusker quote a gross price (and net with BIK showing), which means that you need to consider the other companies are a net price and sometimes without vat.

Also lease deals expect money up front, and also with Tusker I also have insurance included.

Because of the Gross to net savings and the BIK, and the other little things, it should work out cheaper. Maybe not super deals because the latest EVs are in high demand so sell out quickly, but they should be a good price. I got my ID.4 through Tusker and it was definitly cheaper.

Its a little more to look at than just the lease price, you need to factor those other things in, but Im a lot better off going through Tusker than through the manufacturer or a lease company.
 
#14 ·
err am i missing something...
Tusker quote a gross price (and net with BIK showing), which means that you need to consider the other companies are a net price and sometimes without vat.

Also lease deals expect money up front, and also with Tusker I also have insurance included.

Because of the Gross to net savings and the BIK, and the other little things, it should work out cheaper. Maybe not super deals because the latest EVs are in high demand so sell out quickly, but they should be a good price. I got my ID.4 through Tusker and it was definitly cheaper.

Its a little more to look at than just the lease price, you need to factor those other things in, but Im a lot better off going through Tusker than through the manufacturer or a lease company.
 
#15 ·
Hi all, my company have recently introduced the low emissions salary sacrifice Tusker scheme. By looking at what is available, and comparing with what I can lease the same cars for personally, it seems the Tusker cars could be a lot cheaper than they are. When you compare the gross they take to personal lease deals, it seems to be massive. And equates to very similar net to what I could pay on a personal lease plus maintenance and insurance. I may be misunderstanding how it works. But was disappointed once I got access to the Tusker site. Thought I'd be in a Model S for 30 quid a month after hearing the Tusker introduction presentation :)
 
#16 ·
Hi all, my company have recently introduced the low emissions salary sacrifice Tusker scheme. By looking at what is available, and comparing with what I can lease the same cars for personally, it seems the Tusker cars could be a lot cheaper than they are. When you compare the gross they take to personal lease deals, it seems to be massive. And equates to very similar net to what I could pay on a personal lease plus maintenance and insurance. I may be misunderstanding how it works. But was disappointed once I got access to the Tusker site. Thought I'd be in a Model S for 30 quid a month after hearing the Tusker introduction presentation :)
yup, same here.....although there are some decent deals if you search hard enough. I'm very tempted by the leaf 40kwh tekna for about 240 a month for 24 months as a "trial" of an EV to see how it works in reality as a second car for the wife's (and my occassional) commuting etc. as we've no off street parking so will be reliant on public/work place charging and keep an ICE (saab estate) for bigger family trips/dog walking etc.

I'm also tempted by the ioniq 5 for about 380 (72kwh premium 48 months) but that means committing us to a single EV car which might be a jump too far at the moment until we have an off street parking area.

The ix3 was available for about 460 (48 months) a while back which was probably a good deal in hindsight.....
 
#17 ·
When I was looking at cars recently I had a look at Tusker as we have salary sacrifice though then. Phevs on there were useless. For the price of HS or Outlander I could get Mach E which I would have loved to have. Phev is for use across Europe once / twice a year.

Luckily I came across MG HS Phev deal posted by [mention]Miles Roberts [/mention] - have a 4 year deal at £298 a month. Forget salary sacrifice


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#25 ·
I’m due to start work for an employer who are using Tusker. We’re in need of a 2nd car pretty soon after so curious what prices they’re offering for:

Model 3 SR+
Mini (Level 1)
Leaf (N-Connecta/Tekna)
Zoe GT-Line
Fiat 500

Does anyone know rough costs for these? Terms would be 6k miles 24 months or 36 months whichever is better value. I have Zenith prices for these but don’t know how they compare 🤔
 
#26 ·
I’m due to start work for an employer who are using Tusker. We’re in need of a 2nd car pretty soon after so curious what prices they’re offering for:

Model 3 SR+
Mini (Level 1)
Leaf (N-Connecta/Tekna)
Zoe GT-Line
Fiat 500

Does anyone know rough costs for these? Terms would be 6k miles 24 months or 36 months whichever is better value. I have Zenith prices for these but don’t know how they compare [emoji848]
I think Tusker prices are comparable to market prices. Only thing I haven’t checked is GFV in case you want to keep it


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#31 ·
there is a difference of about £120 pa but for that you get tires, maintenance, insurance.

If you think you can do all that for 120 pa great, its cheaper going elsewhere.

The thing I will say it do the calculations IN FULL, dont just look at quotes.... work out the full annual price for everything to make it equal.
I know im about £400-500 cheaper per annum, around 40 per month.

oh and you are saying 50 per month, so already thats 40 more not using tusker without the insurance!
 
#40 ·
Hi all. My company are due to onboard Tusker in the next couple of months. With our first born on the way in Sept, and silly lead times for most cars, I'm debating whether to wait for the scheme or get my name on the order list now with a private lease. I don't want to be too long without a new car when the baby comes along.

Tusker price lists are impenetrable until your company is signed up to the scheme. Could anybody who is on the scheme please help me to find out the cost of an Ev6 GT AWD and Cupra Formentor 245 ehybrid VZ2? I'm a 40% tax payer. Any help would be super appreciated. 🙏🙏 Thanks for reading my comment.
 
#41 · (Edited)
EV6 GT AWD with metallic paint and heat pump option 10k per annum, 36 months is £955 a month. So after tax savings 40% and NI savings (3.5%?) but adding 2% BIK your pay will drop by £575 a month. Cheaper if your employer gives back some of the NI savings they make (Mine doesn’t). If youre in the marginal tax band where you lose your personal allowance, net cost is lower. Do check mileage expense rates if you do business miles.
Tusker definitely ramp up their gross costs. But that is a fully insured car for 2 drivers, tyres, servicing, breakdown, courtesy car and home delivery. And there’s no deposit. Includes protection against redundancy and other circumstances where salary is hit. My deal included a free charger through charged EV. I’ve had 2 punctures on my etron, so 2 free replacement tyres and a free replacement emergency sealant. Cost me £10 to take mine overseas (admin for green card). Insurance excess is quite high.
lead time on the Kia is a whopping 33 weeks. Some cars are coming soon or available from stock and they may be cheaper (probably not right now). They have Audi etron 55 sport (£750) which I have and love. Nissan Ariya (£570pm net) and Leaf coming this summer.
if you need a stop gap car before the Tusker one arrives look at Onto.
Due to the higher BIK rates for PHEV cars the Cupra may not work out as good as a personal deal. I can’t get a quote as I’m limited to battery EVs. if you do regular long trips a PHEV could cost a lot in fuel. There’s little benefit in the plug in hybrid technology at a steady motorway speed.
 
#42 ·
Our company introduced the Tusker scheme last Autumn, and I subsequently trawled through the many options

What I found is that for no apparent reason the monthies on some cars are terrible are others are great, and also fluctuate up or down frequently. So if you not too specific about what you want there are some good deals to be had.

I ordered an Peugeot e-2008 GT Premium for £463 gross, which was about the same as what I could find a private lease for (but of course includes insurance (and a wall box in my case)) - then net it's only £295 which seems like a bargain. Ordered at the turn of the year and was delivered last week, about 6 weeks ahead of the orginal estimation
 
#44 ·
Yes, didnt mention it but Tusker prices do vary month to month, guess it depends on manufacturer and supplying dealer incentives. What you can do is save a quote of a price looks good, then you have 14 days to activate the quote and they will honour the price.
There have been some occasions when prices change after ordering, but with the option to cancel.
 
#48 ·
Your gross pay from your employer will drop by £748, you’ll now have smaller salary and car, not just salary.
Because of income tax, NI etc that is taken from your salary, the amount your take home goes down by isn’t £748, it’s the lower figure of £535
Thanks Ski Tron for responding.

Sorry my brain doesn’t seem to understand things as quickly as most. So does this mean, for instance, my gross salary is 2400, then 535 is taken from gross leaving around 1800 after this the ni and tax will come out? Or does this mean once ni plus tax comes out and I receive a net income of around 1850 then 535 comes out leaving around 1300,1400?
 
#49 ·
here’s an example, hope it makes sense - Gross salary of 2400. from that you make some pension contributions and the taxman takes away about £260 in income tax and £180 in national insurance. You’re left with around £1850 take home pay to pay for your home, car etc.

Now suppose you choose a car via salary sacrifice. Instead of only pay, you get a car and less pay. You get your shiny new car (which you chose with a gross cost of 700 a month), and instead of getting £2400, your employer pays you £1700 gross pay. The tax man sees your £1700 and takes away £115 in income tax and £85 in national insurance. He leaves you with £1415 take home pay going in to your bank account to pay for your home.

In the above example you have a leased car with a £700 monthly cost. But you can see that your take home pay dropped from 1850 to 1415, ie £435. So in effect the car is only costing you £435, that’s the net cost.

Theres a part of the tax rules called benefit in kind. That says if you get something of value instead of wages, you have to pay tax on that too. Its complex and I left it out of the example above. Be aware it’s far lower on a pure electric car, and on an inefficient car it adds so much tax back on it’s not worth having a salary sacrifice car As the gross and net figures are similar. But Tusker do the maths and it’s taken into account when they give you the gross and net figures.
 
#50 ·
here’s an example, hope it makes sense - Gross salary of 2400. from that you make some pension contributions and the taxman takes away about £260 in income tax and £180 in national insurance. You’re left with around £1850 take home pay to pay for your home, car etc.

Now suppose you choose a car via salary sacrifice. Instead of only pay, you get a car and less pay. You get your shiny new car (which you chose with a gross cost of 700 a month), and instead of getting £2400, your employer pays you £1700 gross pay. The tax man sees your £1700 and takes away £115 in income tax and £85 in national insurance. He leaves you with £1415 take home pay going in to your bank account to pay for your home.

In the above example you have a leased car with a £700 monthly cost. But you can see that your take home pay dropped from 1850 to 1415, ie £435. So in effect the car is only costing you £435, that’s the net cost.

Theres a part of the tax rules called benefit in kind. That says if you get something of value instead of wages, you have to pay tax on that too. Its complex and I left it out of the example above. Be aware it’s far lower on a pure electric car, and on an inefficient car it adds so much tax back on it’s not worth having a salary sacrifice car As the gross and net figures are similar. But Tusker do the maths and it’s taken into account when they give you the gross and net figures.
thank you so much. Honestly this has been helpful. I have one more question. If 700 comes out from the gross then why would a further 535 be deducted from my net? It sounds like with ni, tax, bik and the car I would be having around £1000 out of my salary in total
 
#51 ·
Your employer pays you £700 less but gives you a car to make up for that loss.
because you pay less tax on your new lower pay your take home pay does not drop by £700, it only drops by £535.

the money isn’t taken twice.

Pure electric cars are the best value. Followed by plug in hybrid cars.