Our unique quote tool is available on our dedicated webpage, where you can view different vehicles available and calculate how much you can save by purchasing an electric vehicle through this new scheme.  

We’ve been working hard in the background to test the processes and ensure that they work alongside our internal systems – many thanks to those of you who have been patiently waiting since we first announced this in December.  

How does the scheme work? 

Loughborough University leases the car on your behalf, and you get a brand-new electric car through work as a benefit. It is paid for through your gross monthly pay meaning you save on income tax and National Insurance. 

Octopus Electric Vehicles have been chosen as our provider for competitive electric vehicle leasing, with exclusive rates for you through their salary sacrifice scheme. The scheme includes the car, charger, energy, insurance, servicing, maintenance, breakdown and tyres.  

All contracts are based on lease agreements, giving you the flexibility to choose the terms length and mileage. This also means you can upgrade your car to a new model once your lease comes to an end. 

To find out more, visit the University’s dedicated webpage which includes further information about eligibility, affordability, as well as common FAQs.