Provider comparison
Tusker vs Love Electric
Side-by-side comparison from the PerkIQ directory. Cover, pricing, regulator status, and fit at a glance.
- All-inclusive lease. Fully comprehensive insurance for employee and partner, maintenance, breakdown, MOT, road tax and replacement tyres in one monthly cost.
- Lifestyle Protection. Early-termination protection covering events such as redundancy, long-term illness and parental leave, after a qualifying period.
- Broad vehicle range. New electric and plug-in hybrid vehicles across the major manufacturers.
- Employer and employee portals. Online management for HR and a self-serve quote and order experience for staff.
- New and used EVs. A range of new and used electric vehicles, with savings of up to around 60% versus a personal lease.
- Zero Risk Guarantee. An optional enhanced protection tier that removes residual employer risk on early termination, on top of standard cover.
- All-inclusive lease. Comprehensive insurance, servicing, maintenance, breakdown, tyres and accident management included.
- Perkbox integration. Now part of the Perkbox benefits platform following the December 2025 acquisition.
- Mid-market and enterprise employers wanting an established provider with financial backing
- Risk-conscious organisations: Lloyds Banking Group ownership offers reassurance on scheme stability
- Micro businesses: the scheme is better suited to organisations with a reasonable number of participating employees
- SMEs: the scheme is built around smaller employers and straightforward onboarding
- B Corp and values-led organisations: Love Electric is itself a certified B Corp
- Existing or prospective Perkbox customers: EV salary sacrifice now sits within the wider Perkbox platform
- Large complex fleets: the focus is salary sacrifice for SMEs rather than full fleet management
Free for the employer to set up and run, funded by employee salary sacrifice, with employer National Insurance savings.
Employee monthly cost varies by vehicle, term and mileage; obtain a quote via Tusker.
Free for the employer to set up and run, funded by employee salary sacrifice, with employer National Insurance savings.
Employee savings depend on salary and vehicle; obtain a quote via Love Electric.
- FCA authorised
- Owned by Lloyds Banking Group (2023)
- Salary sacrifice since 2008
- Lifestyle Protection cover
- Carbon-offset scheme
- HQ Watford
- FCA authorised
- Certified B Corp
- Acquired by Perkbox (Dec 2025)
- 1,500+ employer clients
- Zero Risk Guarantee option
- HQ Edinburgh
Pick the right one with data, not a sales pitch
Score your benefits stack with PerkIQ and you'll see which of these (or another provider entirely) closes the biggest gaps for your team.
Information on this page is editorial, gathered from public sources and the providers' own materials, and does not constitute financial advice or a recommendation. For a quote, contact each provider directly or speak to an FCA-authorised broker. PerkIQ is not a reseller and earns no commission on provider sign-ups.
