Severn Trent Salary Sacrifice
Severn Trent Contract Renewal Options
When you are 6 months from the end of your current contract, you will need to consider what you would like to do next. Your options are:
Extend your contract
You may be able to extend your contract and keep your car a little longer, while still enjoying all the benefits of your MiSalarySacrifice vehicle.
Order a new vehicle
6 months before the end of the contract, we will invite you to quote on new vehicle options and place an order.
Buy the Vehicle
If you wish to purchase your vehicle at the end of the contract, please contact the Ogilvie Customer Service Team to discuss. Each case is reviewed on a case-by-case basis.
Return the vehicle
If you do not want to order a new vehicle or buy your current vehicle, you can simply hand the vehicle back to Ogilvie at the end of the contract (subject to end of contract charges)
Lead times can vary with typical times of 4-6 months
If you are looking to order a new vehicle Ogilvie will aim to have it available for delivery at the expiry of your current agreement.
Severn Trent Contract Extension Options
If you wish to extend the period of your current contract, please contact the Ogilvie Customer Services Team to discuss your individual circumstances.
Formal extension
Ogilvie may be able to formally extend the contract by 12 months. The vehicle cannot be more than 5 years old by the end of the extended period.
Informal extension
Ogilvie may be able to informally extend the contract for up to 6 months with no changes to the agreed terms and conditions. If you have not informed Ogilvie what you wish to do towards the end of your contract, the team will email you to confirm you are happy to enter an informal extension for up to 6 months.
Please note extending the current contract is subject to the insurers agreeing to the revised period. Your deductions may alter if the motor insurance premium changes.
What to consider at the end of the contract
Excess Mileage
Should your vehicle be returned with mileage exceeding the agreed limit, Ogilvie will charge an excess mileage cost. This cost will be calculated by multiplying the number of miles in excess of your scheme mileage by the rate per mile set out in your quote. This cost will be invoiced to your Employer, and they will then re-charge this cost to you through your salary.
End of contract damage
Please refer to the BVRLA fair wear and tear guideline BVRLA Guide
Ogilvie Customer Services Team
Telephone: 0330 333 1283
Email: help@ogilvie.co.uk
Severn Trent Change In Circumstances
If you have a change in circumstances or know of a reason which may impact your affordability, you need to contact the Ogilvie Customer Service Team and the Severn Trent HR Team to discuss further.
Changes in circumstances may include but not limited to; Travelling more or fewer miles. Looking to reduce working hours. Looking to change roles. Other changes in circumstances e.g., loss of licence.
STW, STS and HD employees
Please raise a ticket on ASKHR on Success Factors or call 02477 716790. Make sure you head your query Change in Circumstances – EV benefit
Greenpower employees
Please email hr@stgreenpower.co.uk Make sure you head your query Change in Circumstances – EV benefit
Ogilvie Customer Services Team
Telephone: 0330 333 1283
Email: help@ogilvie.co.uk