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ECO and Cash for Car Schemes

Bespoke Employee Car Ownership (ECO) Schemes can give your company and your drivers another funding option. You get all the operational benefits of contract hire, while your drivers benefit in kind tax burden is removed.

If a traditional company car scheme doesn't suit your business needs, Bespoke ECO Schemes could be the solution. An ECO scheme offers your drivers a structured contract purchase agreement. At the end of the contract the driver can:

Some drivers can save money, as Bespoke ECO Schemes don't carry the benefit in kind tax burden of a simple cash allowance.

Bespoke ECO Schemes can be tailored to suit your needs.

An ECO Scheme is ideal if: