BYD salary sacrifice deals ride a 4% BIK rate that rises from 2027

BYD models are turning up on salary sacrifice schemes, riding the 4% BIK rate that still makes electric the obvious sacrifice choice against combustion. The wrinkle for anyone building a scheme business case: EV BIK rates are set to rise to 5% in 2027/28, 7% in 2028/29 and 9% in 2029/30, so the net saving behind those deals narrows over the life of a typical four-year lease, although Loveelectric says the proposed 2029 salary sacrifice changes do not currently remove EV schemes' protected status Treat 2026 pricing as the window you can rely on, not the whole story, and get schemes signed with drivers who understand the arithmetic could shift before the car is handed back (Loveelectric).