Salary Sacrifice Car Scheme

Offer your employees an affordable and hassle-free way to drive a brand-new car while making big savings for your business.

Salary Sacrifice Car Scheme

Offer your employees an affordable and hassle-free way to drive a brand-new car while making big savings for your business.

What is a salary sacrifice car scheme?

A salary sacrifice car scheme is a benefit you can offer your employees to help them drive a brand-new, insured and maintained car for less.

Salary sacrifice is when an employee agrees to give up part of their salary for a non-cash benefit. In this case, a car provided by your company. The amount sacrificed from their gross salary will reduce the income tax and National Insurance Contributions (NIC) they pay. This creates savings that make the car more affordable.

As this benefit is a company car, the employee must also pay tax on the Benefit in Kind (BiK) associated with using the car. There are currently low BiK tax rates for electric and low-emission cars.

At the end of the term, the employee will return the car, and their salary will go back to normal.

What’s included in the salary sacrifice scheme?

  • Full access to our scheme portal
  • A brand-new electric or low-emission car for the employee
  • Early termination protection
  • Comprehensive insurance
  • Servicing, maintenance, tyre replacement and breakdown cover
  • Employee resources to support adoption and retention

Benefits of a salary sacrifice car scheme for employers

Enhance employee benefits package

Our scheme makes driving a brand-new car hassle-free for your employees. They don’t just get a car – our package includes servicing, tyres, insurance and breakdown cover. This could support employee retention and help you attract top talent.

Easy to set up and run

We know your time is valuable. That’s why our scheme is designed to be straightforward from day 1. With an easy-to-use portal, expert support, and minimal admin, it’s easy to get started and even easier to keep running.

Make significant savings

Your company will save on employer NIC for every employee who orders a car on the scheme, as it’s paid on the employee’s post-sacrifice salary. This means big savings, which you can even share with employees to make the scheme even more attractive.

Cost-neutral and risk-free

The portal calculates the amount to cover the company’s cost of providing the car, making the scheme cost-neutral to run. Plus, we include early termination protection to protect your business if an employee leaves.

Support sustainability objectives

Running the scheme helps to reduce emissions, as you’re giving employees access to electric and low-emission cars instead of petrol or diesel.

Support that’s always there

From your first enquiry to ongoing management, our team is here to help. Friendly, knowledgeable, and ready to make things easy.

Why choose CLM and Santander Consumer Finance?

Fleet experts by your side

CLM Fleet Management have been managing company car and commercial vehicle fleets for over 40 years. Supported by Santander Consumer Finance, we’re here to bring you a seamless experience from setup to support.

Backed by a trusted global brand

You’re not just choosing a car scheme – you’re choosing peace of mind. With Santander Consumer Finance supporting 17 million customers across 16 European countries, you’re choosing a global leader with a reputation for reliability, security and putting people first.

Together, we make running a salary sacrifice car scheme simple.

How can we set up a scheme?

1. Apply now

Complete our quick application form.

2. Introduction call

We’ll be in touch to discuss your application.

3. Wait for approval

We’ll review and approve your application – usually within 24 hours.

4. Access your portal

Use the secure link we send you via email.

5. Invite employees

Upload eligible employees and invite them to choose their car.

6. Approve and go

Approve their car choice – we’ll handle the rest through to delivery.

Frequently asked questions

You offer a brilliant company benefit by allowing your employees to drive a brand new, insured and maintained company car paid for through their monthly salary. You’ll save on NIC and make strides towards your environmental goals.

Employees will get access to a car at a better deal than a personal lease. Plus, they don’t have to worry about sorting insurance and maintenance. It’s a win-win situation.

When your company signs up, you’ll get full access to our portal. From here, you can invite employees to join. They can then browse cars and compare pricing in the portal. They’ll order the car of their choice, and the portal will calculate the sacrifice to ensure it remains cost-neutral to the business.

Once you approve the request, we’ll place the order. Payroll will be updated to reflect the agreed sacrifice. The car will be delivered to the employee, and their payslip will show the agreed salary sacrifice.

At the end of the term, they will return the car, and their salary will go back to normal.

Simply complete our application form or call us on 0330 400 5000. We’ll check if you’re eligible within 24 hours. If successful, we’ll be in touch to help you get set up. Once credit lines are in place, you can invite employees to sign up and order.

There are no upfront costs for you to set up a scheme.