LeasePlan cafetaria plan

Offer a vehicle to all employees!

Did you know you could also lease vehicles in a cafetaria plan? Discover how we did this for BASF.

Optimize your payroll:

car lease in a cafeteria plan

Find out more in our practical eBook!

A cafeteria plan: how does it work?

A cafeteria plan is nice way to optimize wages and to ensure that people gain more at the end of the day. It also allows you to offer more employees the opportunity to choose a vehicle. Even people who are currently not eligible for a company car can include car lease in their salary package. A cafeteria plan is also a cost-effective solution for a smooth transition to an electric fleet.

If you want to switch to a cafeteria plan, you need to make part of the salary flexible. For example, part of the gross salary or the end-of-year bonus. In exchange, the employee can choose from benefits such as extra holidays, pension savings... Or a new vehicle, of course!

A win-win for everyone!

Both employers and employees have much to gain from car lease in a cafeteria plan.

Employer benefits:

Car lease is an optimization of the wages, while your wage costs remain stable.
Potential employees often find a vehicle a decisive argument to sign a contract.
Satisfied staff: a higher retention rate and lower recruitment costs.

Employee benefits:

A wage optimization that leaves you with a bonus at the end of the day.
Leasing a is cheaper than buying a private vehicle.
Extreme comfort: no worries about maintenance and you always drive a new, 'green' vehicle.

Buying private vehicle vs leasing in cafeteria plan

Extra costs significantly increase the price tag of a vehicle. Leasing a vehicle means that you never have to worry about unexpected costs. Moreover, you 'pay' for the car with your gross salary.

In the table below, you see how much Eva pays for a private vehicle and how much she saves by leasing a (more expensive) vehicle in a cafeteria plan. We assume a situation where employees are responsible for their own fuel and/or electricity costs.

Eva buys

- Ford Kuga
- PHEV
- 20 000 km/year
- Purchased new (incl. VAT): €42 000 / Sold after 5 years: €17 000

Depreciation: €5000/year
Breakdown assistance: €140/year
Road tax + vehicle registration tax: €350/year
Annual maintenance: €650/year
Tires (4 tires in 5 yrs time): €205/year
Set of winter tires: €195/year
Insurance (full omnium): €1200/year
Unexpected costs: €100/year
Total cost: €7840/year
Total cost: €653/month

Eva leases

- Tesla Model Y
- EV
- 20 000 km/year
- List price (incl. VAT): €50 000

Gross salary impact: €707/month
Gross impact BIK: €142/month
Road tax + vehicle registration tax: included
Net impact salary: €354/month
Net impact BIK: €71/month
Set of winter tires: included
Insurance (full omnium): included
Unexpected costs: included
Total cost: €5094/year
Total cost: €425/month

Why LeasePlan for your cafeteria plan?

LeasePlan has a lot of experience with car lease in a cafeteria plan. This is what we can do for you:

Advice: everything starts with the vision and objectives of your organization. Our consultants help you develop a strategy to determine what you cafeteria plan should look like.
Implementation: defined your strategy? Then we help you choose the right models for your employees and integrate our own tools with those of your social partner.
Support: we assist your employees who make the switch to a cafeteria plan and we also offer proactive support to people who start driving an electric vehicle.

Want to know more? We’re here to help!

Do you want to know more about how to include car lease in a cafeteria plan?

Fill in your details and we will soon get back to you to answer all your questions.