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Santander Consumer UK launches salary sacrifice scheme through CLM Fleet Management

The lender plans to treble the size of its fleet by the end of 2030.

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Santander Consumer UK has launched a salary sacrifice car scheme in partnership with CLM Fleet Management, as it looks to expand its presence in the corporate leasing market.

The scheme is available immediately and offers a range of electric vehicles (EVs), alongside hybrid models with CO2 emissions of up to 75g/km.

It will be administered through CLM Fleet Management, which was acquired by Santander Group in October 2024.

Aidan Whitwell, leasing sales director at Santander Consumer UK, said: “Our salary sacrifice car scheme has been designed to be quick for employers to implement and simple to manage.

“It offers a high-value employee benefit which makes driving an EV more affordable and hassle-free, helping our customers with employee engagement and retention.

“This is an important strategic move for Santander, which will facilitate our ambitions to grow in both the corporate and public sectors.”

Santander Consumer UK entered the corporate leasing and contract hire market in 2017.

The lender plans to treble the size of its fleet by the end of 2030 as it targets a position among the UK’s top five corporate leasing providers.