Salary sacrifice for cars , any experiences ?

I am applying for a role at the moment and one of the benefits is " Discounted personal car leasing available to you, your family, and friends."
I believe this is essentially a salary sacrifice scheme to be able to drive a brand new car . My personal idea is that if the company covers the whole amount the car is a month then it's essentially free to drive ( apart from fuel and other stuff ) , but if I have to pay a portion then I may not do it or at least consider it .
I was just curious to see if anyone has/had a company discounted leasing and how has their experience been . And to confirm what I have added at the top " discounted personal leasing " is that just essentially salary sacrifice ?
Thanks

I am applying for a role at the moment and one of the benefits is " Discounted personal car leasing available to you, your family, and friends."
I believe this is essentially a salary sacrifice scheme to be able to drive a brand new car . My personal idea is that if the company covers the whole amount the car is a month then it's essentially free to drive ( apart from fuel and other stuff ) , but if I have to pay a portion then I may not do it or at least consider it .
I was just curious to see if anyone has/had a company discounted leasing and how has their experience been . And to confirm what I have added at the top " discounted personal leasing " is that just essentially salary sacrifice ?
Thanks

I can't comment on the detail of your company scheme, but you don't seem clear on salary sacrifice. Basically you still pay for the product (car, bicycle etc) but the money comes out of your salary BEFORE you pay tax, so in effect the payment is tax free.
So you still pay, but tax free. Employers like it because they also save the NI on that portion of your pay that is sacrificed. You may want to consider that it also can impact pension payments, as your pension in some schemes will be calculated after sacrifice, ie on a reduced salary.
You are still going to have to pay for the car, just at a discounted rate. You need to consider how long you are going o be working at that company and how the scenes work if you leave, and if you can afford the reduction in salary for the duration.
This isn't formal financial advice, just a steer in the right direction.

Unpopular opinion - car leasing is a scam and the biggest waste of money even if you do go through a salary sacrifice scheme. I looked at cars that were costing £300 a month. Great. £300 and a new car. What's not to like? Over the three year lease period, that is £10,800 and at the end of that period you have nothing and therefore have to continue leasing.
By contrast, you can borrow £10,800 and buy a very nice 2-3 year old car. At 6% you will pay £200 a month in repayments over three years (6%) allowing you to save £100. After 3 years you will have a car which if well looked after will give you 10+ years of happy motoring, plus at least £3500 in savings. In the following 10 years, saving £300 a month and investing it in a stocks and shares ISA you could have between £50k and £60k!
Just just exactly how much is the new car smell really worth?

I am applying for a role at the moment and one of the benefits is " Discounted personal car leasing available to you, your family, and friends."
I believe this is essentially a salary sacrifice scheme to be able to drive a brand new car . My personal idea is that if the company covers the whole amount the car is a month then it's essentially free to drive ( apart from fuel and other stuff ) , but if I have to pay a portion then I may not do it or at least consider it .
I was just curious to see if anyone has/had a company discounted leasing and how has their experience been . And to confirm what I have added at the top " discounted personal leasing " is that just essentially salary sacrifice ?
Thanks

It doesn't sound like salary sacrifice. It simply sounds like they've negotiated preferential rates with a car leasing provider, in the same way as perhaps they might do for private health insurance, or a gym membership at a local gym, etc.
And the fact that it's not just for you, but also covers your family and friends makes it sound even more like it's just preferential rates.

Dont disagree with what you said but my question was different , it wasn't about how worth leasing or financing cars is but rather just a question about if anyone has experience of their company doing a salary sacrifice
There's companies that pay towards the car and if it covers the whole car its essentially free , I'm aware of someone whose paying only £36 a month towards a brand new car .
I'm not someone that would finance or lease my current car is owned and a 19 plate but just wanted to see if anyone has experience of having a car from their company

Unpopular opinion - car leasing is a scam and the biggest waste of money even if you do go through a salary sacrifice scheme. I looked at cars that were costing £300 a month. Great. £300 and a new car. What's not to like? Over the three year lease period, that is £10,800 and at the end of that period you have nothing and therefore have to continue leasing.
By contrast, you can borrow £10,800 and buy a very nice 2-3 year old car. At 6% you will pay £200 a month in repayments over three years (6%) allowing you to save £100. After 3 years you will have a car which if well looked after will give you 10+ years of happy motoring, plus at least £3500 in savings. In the following 10 years, saving £300 a month and investing it in a stocks and shares ISA you could have between £50k and £60k!
Just just exactly how much is the new car smell really worth?

This ---^
We are in the market for a new car, 15 years after I bought my last one. Leasing at £300 a month will cost around £12k over three years and at the end of that period we have nothing. I am therefore going to borrow £12k and after 3 years I will have a car that will give us 10+ more years of happy (free) motoring.
Only fools with either too much money or too much ego drive new (leased) cars.

But you'll have paid more than £12k.

Yes - and after that I will have a car that gives me free motoring for a good 8-10 years. By contrast with a lease car, you are effectively paying the depreciation for someone else. At the end of 3 years, you have nothing and they have a car they can sell at a profit. If you are a leasing company, you can't lose!

If the car depreciates more than forecast then you can be quids in on a lease.