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DF Capital launches EV salary sacrifice scheme for employees

EV plug

DF Capital has launched an electric vehicle (EV) salary sacrifice scheme with Octopus Electric Vehicles. 

There are over 30 cars available to DF Capital employees, including the Tesla Model 3, Nissan Leaf, BMW i3 and the Hyundai Kona.

Charlie Michael, chief sustainability and people officer at DF Capital, said: “We already offer great rewards to everyone who works here, but this new perk is something special as it allows us to unlock affordable, clean, green driving for all our employees. 

“It was a natural extension to our benefits package as it aligns to our social conscience and sustainability ethos.  We look forward to contributing towards a more climate friendly environment as a business moving forward.”

Employees select their car, the length of term and mileage and the vehicle is then ordered for eligible participants.  There is no initial payment, no individual credit checks and maintenance, servicing, insurance or breakdown cover are covered by the payments to the scheme. 

Natalia Peralta Silverstone, head of propositions at Octopus Electric Vehicles, said: “Our electric vehicle salary sacrifice scheme is a win, win.

“DF Capital gets to supercharge its employee benefits package and everyone within the business is happy saving money, while doing their bit for the planet.

“The latest stats show that EVs aren’t a thing of the future, but what customers want now.

“We will see hundreds of thousands more UK drivers sitting behind the wheel of an electric-powered car in 2022 and beyond.

“We look forward to working with DF Capital to help contribute to that number and speed up the transition to zero emission cars.”

DF Capital Bank is an authorised specialist commercial lending and personal savings bank, employing more than 85 people and works with manufacturers and dealers in a variety of leisure and commercial sectors.

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