The cost of car maintenance and repair can be a real financial burden for your employees. You can help your people to save money and manage their vehicle finances in a simple and cost-effective way with the salary sacrifice Car Maintenance Scheme.
What is the Car Maintenance Scheme?
The scheme is a fantastic engagement tool to help employees to spread the cost and reduce financial worries when it comes to vehicle maintenance. From general wear and tear, servicing and MOT tests to unexpected maintenance and repair, the scheme provides employees with the opportunity to give up part of their pre-tax salary over a period of up to 12-months to save on the cost of maintaining their car.
Offering the Car Maintenance Scheme ensures that your employees are driving a safe and well-maintained vehicle. As an employer, you set a limit to which your employees can apply for. The scheme can also be used to maintain other household family vehicles.
What is the scheme used for?
Employees will receive a Letter of Redemption, which can be used for:
- MOTs
- Servicing
- Repairs
- Routine maintenance, including
- Tyres
- Wipers
- Headlights
- Air conditioning
- Winter checks
At Bravo Benefits, we are committed to working with our clients to find the right benefit mix for your business. If you’re interested in our Car Maintenance Scheme, talk to a member of our team today to see how you can provide your employees with a cost-effective way to save money and drive a safe vehicle. Call us on 0330 333 9100 or email us at information@bravobenefits.co.uk
