S h a r e
Would the Tesla Cybertruck work on salary sacrifice?


Posted by
Charlie Strand
June 2024
This is an interesting question: can you get the Tesla Cybertruck on a salary sacrifice scheme from Fleet Alliance?
Current answer is, alas, no.
But that didn’t stop Fleet Alliance addressing the issue at the Tesla Centre Glasgow where the dramatically shaped pickup truck was on display at the beginning of June as part of a tour of the UK.
The Cybertruck is the latest product from Elon Musk’s Tesla empire, but is currently only on sale in America where it is manufactured in Austin, Texas.
Two things are notable about the Cybertruck. The first is its odd, angular design. Boxy and dull from the rear, but glance down the rear three quarters view and you have an exhilarating, futuristic design.
The second is you can’t dent it. All Cybertrucks come in the bare finish of the ultra-hard 30X cold-rolled stainless steel. Which perhaps explains the slabbiness of the ‘planar’ design – or the cyber punk look, depending on how you view it! But kick it – and there’s no deformation of the panels.
However, that tough structure could be one of the reasons the Tesla Cybertruck won’t be coming to the UK anytime soon. At least in its current format. Because it will need to have a deformable structure at the front to absorb energy in the event of a crash – exactly what the Euro NCAP tests are designed to reveal. Not to mention modifications to meet Vulnerable Road User Protection should the vehicle strike a pedestrian.

So we’ll wait and see if Tesla makes the necessary changes to meet European road requirements.
In the meantime, though, even if you might not be able to get the Cybertruck on salary sacrifice, there are plenty of other Tesla models that are available. In fact, the Tesla Model 3 is the most popular EV model that Fleet Alliance customers order, while in second place is the Model Y followed by the MG4.
More than that, the Tesla Model 3 is the most ordered vehicle from customers overall at Fleet Alliance.
This was something that Fleet Alliance’s Grant Boardman, Marc Murphy, Darren Stevens and Stewart Watson were keen to convey to an audience that comprised Tesla HQ staff along with Glasgow-based Lex Autolease Regional Managers with whom Fleet Alliance has a long-standing relationship, in a presentation about the fleet management services the company provides.

These range from the cost saving competitive tendering process that ensures the best available rental on the day is secured from a panel of funders, to flexi hire rentals that support vehicle and driver uptime.
But most interest centred around EV salary sacrifice, one of the great sustainable employee benefits for staff that addresses the issues of staff recruitment and retention.
Grant explained how salary sacrifice tax breaks can offer a more cost effective rental by spending gross salary before tax on an electric car, than choosing a personal lease with net salary post tax and National Insurance.
“The difference between leasing a Tesla Model 3 yourself and acquiring it through salary sacrifice is £382,” Grant explained. “Over the three year term of the contract that amounts to £13,762. Think how you would like to spend that money you have saved!”
He added that all insurance and maintenance costs were included in the salary sacrifice rental and there was no requirement for a three or six month rental in advance. “There’s also no impact on your personal credit line, so the benefit is really quite substantial,” he added.
So while the Tesla Cybertruck remains off sale in the UK, staff at Tesla’s Glasgow HQ can enjoy the benefits – environmental and financial – of driving the ultra popular Model 3 and Model Y through salary sacrifice. And dreaming of what they might do with the money saved by going down the salary sacrifice route.
You also might like…
If you liked this article then check out our posts about similar topics
The dos and don’ts of using AdBlue
What is Adblue And why do you need it for your diesel car If you’ve not come across it before, it’s an additive tha...
I am an employee, will I be tied to the business if I take a car on salary sacrifice?
When you take a car on salary sacrifice from your employer, you are agreeing to pay the car’s monthly rentals for the ...
Britain is the biggest market for EVs
Who would have thought that Britain would be the largest market for electric cars in Europe Given the daily misgiving...
Fleet Manager’s guide to salary sacrifice car schemes
It’s a complex job managing a company car fleet There’s balancing budgets against cost increases Then there’s meet...
Five reasons to get an EV this winter
1 Never have to scrape an iced up windscreen again If there’s one thing to make you feel really smug, it’s the know...
Finance Director’s guide to EV Salary Sacrifice
The FD says no! How often do you hear that The person responsible for the cashflow of the business, the protector of the...
HR Director’s guide to EV Salary Sacrifice
Keeping staff happy and resolving disputes is part of the job description, right But here’s one way to deliver an inst...
Why salary sacrifice is a benefit for all employees
Have you ever looked jealously at your work colleagues driving their company-provided car - and thought, ‘why not me...
Ready to make the management of your fleet more efficient?
Request a call back