Tax-friendly e-car subscription

Tax-friendly e-car subscription

A Model 3 for 610 euros
Image: Tesla

This type of financing is offered by vibe. The company speaks of around 30 percent savings. And it works like this: Part of an employee’s gross salary is retained and used to finance the car. This reduces the tax burden on wages. vibe speaks of a salary conversion. And brings an example: A Tesla Model 3 costs 959 euros per month with a subscription, whereby the employer saves 5900 euros per year and the employee 4000 euros. Thus, the monthly repayment shrinks to 610 euros.

Source: Nachrichten

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